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What are the best places for grad strat consulting outside the top-tier?

 
#1 What are the best places for grad strat consulting outside the top-tier?
12/04/2006 19:57

Richard

Hello, where are the best places to begin a strategy consulting role as a graduate in case I fail to cut the mustard with the top tier ones like BCG, McKinsey, BAH, etc

Do Accenture, PA, Deloitte, PwC, etc (and all the other usual suspects) offer strategy consulting roles for graduates?

I've written previously on this site on the thread entitled, "My chances at entering consultancy with a PhD".

As a reminder, these are my credentials:

BA English Language & literature (King's College London, 2003)High 2.1

MA Linguistics (UCL, 2004)- full scholarship

and a PhD in linguistics (Sheffield, to be completed 2007) - full scholarship.

Many thanks in advancce for your help.

PS This is a brilliant site

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#2 Re: What are the best places for grad strat consulting outside the top-tier?
12/04/2006 22:57

accenturian

i've just entered accenture as a graduate and there are limited strategy positions for graduates, i heard a figure of around 20 i think. also there are extra 2 phases to go through for accenture strategy than normal consultancy. however what i have found is that grads enter accenture in consulting and then move into strategy (dependant of performance) later on when they come to their first promotion point. i did not go into strategy, and doing normal consulting roles - which strategy graduates do anyway for hte initial 12-20 months with strategy associated work on the side as well. i am working with a grad who is in strategy and we are both on the same project and doing hte same tasks.

with accenture stratgy you have to remember that its not a core functional group in teh sense it will compete with other strategy specialists such as Mcz., bain, boston etc for contracts, rather offer the strategy as a add on service to its current projects and future projects.

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#3 Re: What are the best places for grad strat consulting outside the top-tier?
12/04/2006 23:22

nietzche

Best fallback option IMHO would be with niche consultancies. The way the other poster described Accenture's strategy consulting is quite accurate. For the big full-service firms you mention, strategy consulting tends to be one of a number of service offerings, and often not the biggest in terms of number of graduate vacancies or revenues generated.

E.g. PA do strategy as part of wider marketing consultancy; Deloitte combine everything across the spectrum of strategy and operations consulting; PwC's team is quite small and more accurately described as financial advisory than strategy consulting.

This is not intended to put down any of the above firms' business models at all. However, if you have already decided that strategy work is principally what you want to do, then you may be best off to look at smaller firms that specialise in strategy consulting, often for a restricted range of functions/industries.

If you have any particular preference or passion for one area or another, it might be worth posting here and perhaps others may be able to advise more closely on the niche firms to target - afraid there are too many and my brain's too tired to list them right now.

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#4 Re: What are the best places for grad strat consulting outside the top-tier?
13/04/2006 00:37

Richard

Dear Nietzche and Accenturian, thank you both.

The trouble is I suspect niche strategy firms tend not to have graduate schemes in the same sense as Accenture, etc.

If anyone knows any different, please do advise.

I'm happy to do generalist strategy so am not too fussed about any particular area.

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#5 Re: What are the best places for grad strat consulting outside the top-tier?
13/04/2006 08:32

PA-er

I would check your facts about how you describe PA's strategy offering. I work at PA although not in SMP and your description is incorrect. Our strategy service is not 'part of wider marketing consultancy', if anything our marketing offering is often a subset of strategy work we do and also a stand alone offering. For those interested in real facts, please consult the website. Many thanks

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#6 Re: What are the best places for grad strat consulting outside the top-tier?
13/04/2006 12:17

Yet another stroppy PA person

Cheer up....you sound bitter...

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#7 Re: What are the best places for grad strat consulting outside the top-tier?
13/04/2006 12:30

PA-er

Not bitter in the slightest, it just grates with me when people post comments without foundation or undertaking the most basic research. Our offering is clearly displayed on our website - people can judge for themselves, but it doesn't help people such as graduates when they are informed of incorrect details.

I'm only bitter about the wheather and the fact that some of my colleagues are sunnying it up somewhere nice, warm and tropical.

Happy Easter!

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#8 Re: What are the best places for grad strat consulting outside the top-tier?
13/04/2006 12:35

RL

I think you should ask yourself if you want to go on a graduate sceam, given you're level of study and life experience. I think you might be in danger of being lumped in with a set of inexperienced, young graduates, whereas most PhDs are more than capable of weathering the storm of joining a new firm on thier own.

A point that you need to consider, I think.

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#9 Re: What are the best places for grad strat consulting outside the top-tier?
13/04/2006 13:59

nietzche

Could be - I am just basing my statements on what the strategy & marketing consultants said at the last recruitment event I went to. They were quite keen to emphasise the marketing and market research focus of their work as being PA's USP among clients.

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#10 Re: What are the best places for grad strat consulting outside the top-tier?
13/04/2006 14:17

PA-er

I think you mean ONE of our USPs or perhaps the consultants meant to say the same thing. Either way hope you found them helpful...

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#11 Re: What are the best places for grad strat consulting outside the top-tier?
18/04/2006 21:22

KMan

I joined Credo (www.credo-group.com) out of university, and thought it was a fantastic place to begin a career.

I moved on some years ago, but they sound as if they are going from strength to strength.

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