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Phil Stott

Phil Stott is a Vault Editor. Since joining Vault in 2007, he has covered a variety of industries including consulting, consumer products and technology. He is also well-versed in general career issues, having worked in a variety of fields including freelance journalism, consumer banking, English language teaching, soccer coaching and more. Originally from Scotland, he holds an undergraduate degree in English Literature and Modern History and a Masters in Research in Civil Engineering. 

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All Posts by Phil Stott

Students: How to Find a Job Over the Holidays

by Phil Stott  |  November 23, 2015

With the holidays around the corner, it may seem like on-campus recruiting is tailing off, but December can actually be an interesting month for finding full-time and summer positions. The reason: right around this time of year, responses to offers are flowing in from students-and, because many candidates will have received multiple offers, lots of firms find themselves with a recruiting shortfall to fill over the next couple of months. Here's where your opportunity lies, and what firms... Read More >

There's Nothing You Can Do About Your Student Loans

by Phil Stott  |  November 09, 2015

Just in case you needed any more proof that we're not likely to see a sudden U-turn from the government over the ability to clear student loans in bankruptcy, Bloomberg has another story on the subject for us today-this time detailing the lengths that Uncle Sam will go to in order to ensure that your loan will not be dischargeable in bankruptcy. The piece focuses on the case of on Tangerie Shells, a social worker with an elderly mother disabled husband, and three children to support.... Read More >

The Top Tech Job Search Terms

by Phil Stott  |  November 04, 2015

The speed of change in the tech industry can be one of its biggest selling points or its greatest threat to your career, depending on your perspective. For proof of that concept, consider the list of the most-used terms in tech job postings, which come to us courtesy of Textio, a startup that is dedicated to predicting the performance of all kinds of written material online. Having identified some 50,000 phrases that can affect the "number, quality and diversity of candidates who apply" to... Read More >

This Interview Question Could Change Your Career

by Phil Stott  |  October 23, 2015

There's a good post over on Quartz today that's all about millennial career dissatisfaction. While the whole thing is worth a read-regardless of whether you're a millennial yourself or an old who's all but given up on trying to figure the kids out and is just looking forward to the sweet release of death/retirement so you won't have to read any more think-pieces about how to inspire them anymore-one point in particular stood out to me from a career perspective. I'll get to that point in a... Read More >

Is the Student Loan System on the Brink of Destruction?

by Phil Stott  |  October 14, 2015

In news that will bring hope to the heart of many a debt-saddled millennial, a federal court in Boston is currently considering an appeal by someone who is hoping to be able to break the decades-old restriction on discharging student loan debt in bankruptcy. If the court finds in the favor of 65-year old Robert Murphy, allowing him to discharge more than a quarter of a million dollars of student debt, there are potentially massive ramifications for the student loan industry as a whole. The... Read More >

The Best Consulting Firms in Europe, 2016

by Phil Stott  |  October 06, 2015

I'm delighted to announce that the Vault's 2016 European Consulting Rankings are now live! Marking our final set of consulting rankings for the year-we released North America and Asia-Pacific in August and September respectively -it's wonderful to be able to report that all three rankings were based on significantly higher survey responses than in previous years, from a higher number of participating firms than ever before. Of all the regions we cover, Europe has had by far the most... Read More >

Newsflash: Your Cover Letter Doesn't Matter

by Phil Stott  |  September 28, 2015

Is crafting the perfect cover letter worth the time and effort you put into it? Not according to research conducted by the Addison Group, which surveyed hiring managers about the factors that are most important to them when assessing candidates. According to that research, just 18%  rank cover letters-or their equally antiquated cousin the thank you note-as important parts in assessing potential candidates. That's great news for those of us with an instinctive dislike of self-promotion,... Read More >

The Best Consulting Firms in Asia-Pacific

by Phil Stott  |  September 14, 2015

It's that time of year again: Vault's 2016 Consulting rankings for Asia-Pacific are here! As with our North America rankings, I'm delighted to point out that both the number of firms and the overall number of consultants participating in our survey in the Asia-Pacific region increased significantly from year to year. And, as with all our surveys, every response we received came from a verified employee of the firm being surveyed. After that, we simply get out of the way: beyond the... Read More >

Harvard's President Explains Why You Should Go To College

by Phil Stott  |  September 03, 2015

Harvard President Drew Gilpin Faust was the subject of a recent Freakonomics podcast interview by host Stephen Dubner. While the whole thing is well worth listening to-Faust is enlightening on everything from the Civil War to her perspective on being Harvard's first female president to the college's endowment fund-there was one major takeaway for anyone with even a passing interest in the question of whether higher education is worth the investment. In response to a wide-ranging question... Read More >

The Best Consulting Firms to Work For 2016

by Phil Stott  |  August 25, 2015

I'm delighted to announce the release of the 2016 Vault Best Consulting Firms to Work For rankings for North America-the most comprehensive ranking of employers in the consulting industry that you can find anywhere. As hefty a claim as that might be, it's one that we can back with facts: this year, we distributed our survey to more firms than ever before (over 160 worldwide), and received a record number of responses (over 14,000 worldwide, with more than 9,000 from North America),... Read More >

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