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'Speculate to Accumulate'

 
#1 'Speculate to Accumulate'
29/03/2007 06:34

Macy

Hi,

I'm thinking of sending off some good old fashioned speculative Covering Letters to the big consulting firms for work experience.

I have already checked, and most of the applications for internships and placements have all closed.

Do you think companies even consider this approach from graduates? Has anyone had much success with the old school approach? Any tips?

Cheers - good luck to everyone with assessments coming up!

Macy

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#2 RE: 'Speculate to Accumulate'
29/03/2007 09:15

The Top Consultant to Macy (#1)

<b>Number of "big consulting firms" < 20</b>

<b>Statistically, chances of you getting a placement under normal circumstances just by writing a letter to HR at a single "big consulting firm" = 0.001</b>

<b>Factor reduction in expected success rate given that deadlines for placements have passed = 100</b>

<b>Chances of you getting experience this way = 0.0002</b>

"Do you feel lucky?"

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#3 RE: 'Speculate to Accumulate'
29/03/2007 15:46

anon to Macy (#1)

For "work experience", the big firms will either ignore your letter or write back advising you to either apply for an internship next year or attend a careers presentation. They simply don't offer "work experience" unless you're the kid of an important client.

You might be better off writing to smaller firms who don't formally offer internships as they are more likely to have unfulfilled ad-hoc needs for someone on a work experience placement.

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