Management Consulting recruiting process at a glance
Interview (in-person)
In the event that you’ve made it here, congrats! They obviously have a favorable opinion of what you’ve achieved and now need to know you as a man – your relational abilities, your on-the-spot considering and explanatory capacities, your essence and identity. This is really the most troublesome part, as I can ensure that now you’re up against some extremely qualified hopefuls. To emerge, the keys in administration counseling interviews are to truly ACE THE CASE, have all around practiced however NATURAL RESPONSES to non-case addresses, and be very much educated about current business news. Sounds basic, however takes numerous hours of strong readiness to get this going.
There are two components to interviews (both phone and in-person) – the case study, and the fit/behavioral questions. We will dedicate separate posts to each, but the important thing to know is that the case study accounts for at least 50% (and usually more) of your final “score” in determining whether you get an offer
Definitely Do: -everything we wrote on our Interview Tips page
Definitely Don’t: -forget everything we wrote on our Interview Tips page
One of the most difficult part of this step is case interview. Require lot of time and effort to prepare. For further reading please deep dive in MCP – Management Consulting Preparation – One of the most reliable source at the moment.
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The Waiting Period
Like #1 Company Presentations, there’s not much upside but rather you can do a great deal to demolish your prospects. Be patient and concentrate on different needs – and NEVER STOP LOOKING FOR OTHER JOBS.
Definitely Do: -wait patiently and if you have upcoming interviews, prepare for those -if you have no response after 1 week of the “final interview”, send an email to the recruiter asking if they need anything more from you regarding your application; CC one or two consultants you interviewed with or talked to extensively in the process
Definitely Don’t: - don't assume you have offer and stop the job search process -send an email a day to recruiters/consultants at the firm inquiring about your status
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The Offer!
Congrats! You’ve done it. It’s to a great degree hard to get offers from administration counseling firms – their scale is just a request of greatness littler than financial service firms (for instance, McKinsey’s New York office, one of their biggest, possesses around 10-15 stories of one high rise. Goldman Sachs in New York has 3 high rises all to itself). Presently is the ideal opportunity for intensive due determination and political transaction if fundamental in regards to definite terms, begin date, and so forth. Once more, congrats on an occupation well-done and welcome to the testing and magnificent universe of procedure and administration counseling.
CONGRATULATIONS! You’ve done it. It is extremely difficult to receive offers from the management consulting firms – their scale is simply an order of magnitude smaller than financial service firms (as an example, McKinsey’s New York office, one of their largest, occupies about 10-15 floors of one skyscraper. Now is time for thorough due diligence and diplomatic negotiation if necessary regarding final terms, start date, etc. Again, congratulations on a job well-done and welcome to the challenging and wonderful world of strategy and management consulting.
Definitely Do: -thank them nicely for the offer -send an email to firm contacts that you’ve met through the application process and thank them/notify them as well. Set up time to discuss the offer and ask questions of them -gather as much information as you can from current and former employees, friends, books, etc -ask your primary HR contact with any “administrative questions” eg your salary, benefits, etc
Definitely Don’t: -accept the offer immediately unless you are 100% sure that’s the job for you -ask non-HR contacts any “administrative questions” unless you know them well -immediately negotiate details of your offer without fully informing yourself first.
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