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How do I move into strat consulting?

 
#1 How do I move into strat consulting?
13/03/2007 19:39

futureMBA

What's the best way to build up my cv to make the transition from finance to strategy consulting?

I have six months before I start studying for an MBA and I'm keen to position myself well to apply for a consulting position on completion of my studies. The advice I have recieved so far ranges from 'do voluntary work in Africa', through 'get broader experience in industry', to 'stay where you are and save for the MBA'. What are the thoughts of senior strategy consultants and HR experts out there? What do you look for in your MBA hires?

Thanks in advance for your help!

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#2 RE: How do I move into strat consulting?
14/03/2007 01:11

Beng to futureMBA (#1)

You didn't say where you were going to Bschool. That will probably have the biggest impact on getting into a strat firm than anything else you can do in the next 6 months. Anything less than top 5 (Europe) or top 10 (US) would make you a long shot by default.

Second, you should do your best to snag an internship with a MC firm during the summer after your 1st year. This is easier to do because firms are more willing to "gamble" on a borderline candidate for an internship vs. a full-time position after graduating.

Third, if you fail to snag an internship, band with fellow "failed" classmates and start your own MC firm over the summer. There are many smaller companies looking for free MBA-student-consultants to do consulting work over 2-3 months. When interviewing, I view these guys in the same light as candidates who interned at MBBB...as it shows initiative/drive, creativity, etc.

I suggest simply enjoying what's left of your life in the 6 months before Bschool. It'll never be same after that.

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#3 RE: How do I move into strat consulting?
14/03/2007 09:43

anon to Beng (#2)

you can't do much in 6 months, just chill and enjoy - go travelling

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#4 RE: How do I move into strat consulting?
14/03/2007 10:23

FutureMBA to Beng (#2)

Thanks for the good avice!

I will be going to LBS and I understand they have strong links with a number of the top strat firms.

Its heartening to hear that you would also consider people who have shown some initiative and gone out on their own.

I have another question...

Are you looking for candidates with specific areas of expertise e.g. knowledge in certain fields of finance, or people who have a strong network to help with the job pipeline, or are you just interested in potential?

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#5 RE: How do I move into strat consulting?
14/03/2007 12:10

Anon to FutureMBA (#4)

Following on from some previous threads.. is an oxbridge education still important for MBAs trying to get into MBB in the UK? Are there any consultants out there without an Oxbridge degree persuing successful careers?

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