You are planning your consulting applications. You are probably dreaming about McKinsey of BCG, but then someone advises you to apply to smaller consultancies or larger services firms which have a new strategy division. It’s the consulting experience after all, they say. Plus you get more exposure in a smaller consultancy and the environment is friendlier. You are still fascinated by the allure of McKinsey, but all in all it doesn’t sound like such a bad deal. Maybe it's all the same... Well, the truth is that it isn't. Life at a top firm is very different than life at a "just another" consultancy.
A different life: Be surrounded by the best of the best
A different life: Work the cases that matter
Corporates often ask themselves “Why do we need consultants?”
There are two main reasons that might justify engaging a consulting firm:
- “The project is too important for us to handle it on our own, we need the best minds we can get on this”
- “Hiring someone to do it would be too time consuming, it’s quicker to get consultants”.
Do you see the difference? When a corporate is in the first situation they hire the best, regardless of the price. Would you be cheap on the doctor you go to when it’s a matter of life and death? Obviously clients expect a lot from you, even if you might be 20 years younger than them. Similarly they will be willing to talk to you as a trusted advisor and to build long-term relationships with you.
However, if the answer is the second... Well, things won't be as fun. Corporates will often go for a second-tier cheaper firm. As a consultant, you will be interacting with the lower ranks of the organization and your ability to produce slides quickly will be more valued than your problem-solving skills. Is that the type of consultant you want to be?
A different life: Be valued and taken care of
Getting into top consultancies is worth the effort, and it will change your life.
But getting there is not only about being sharp and quick. It is also an art that you can master. Consulting candidates are overachievers with impressive track records. However, possibly for the first time, they are competing with people equallly impressive, and just as driven. The stakes are much higher and there is no second chance.
So what do smart candidates do? They take all the help they can get. And helping is what we're here to do:
Our case interview method
Our case interview course has been developed by MBB consultants with clear goals in mind - To teach you how to think, act and communicate like a world-class strategy consultant. By going through it you'll become equipped not only to ace the interview process, but also to be a top performer at your firm.
Other methods focus on helping you memorize dozens of frameworks and pre-packed structures. We take a different approach. We believe that distinctive candidates and distinctive consultants don't rely on crutches and that they use their own minds to solve the toughest problems. We're here to help them master the concepts and processes they need to be able to shine. We can support you in:
1) Understanding business fundamentals: Get your mini-MBA with our Marketing, Strategy and Economics, Accounting & Finance modules
2) Learning how to crack a case: Identify the problem, Build a problem driven structure, Lead the analysis and how to provide recommendations.
3) Shaping your approach with our building blocks: Master profitability analysis, competitive dynamics, pricing discussions, among others.
Our coaching sessions
Coaching can help the best candidates to pinpoint their development points and turn them into strengths. They will give you self-awareness about your profile and how to best position yourself for that MBB offer. Equally importantly, they will give you the confidence to know you can succeed in such a challenging process.
Remember: No consulting firm is bad, but working >12 hours a day at your dream Firm or at your backup plan will be very different. And your future career will be as well.