| Topic Name: |
Consulting |
| Message Name: |
FAQ Cont. |
| Date Posted: |
02/18/2006 |
| In Reply To: |
I wish vault would let us make a FAQ and keep it as the top thread. Here is a start at a FAQ. Suggestions for change are welcome.
Q: I'm two years out of undergrad at Unknown University; what are my chances? (A: somewhere between nil and naught)
Q: I have just finished earning four PhDs and am looking for my first job at age 48; what are my chances? (A: I'm not going to reignite this debate)
Q: I have a 1.6 GPA because I was an alcoholic frat boy who didn't bother attending class until recently; is this GPA too low? (A: Yes)
Q: I graduated last May and my parents have decided I finally need to move out and get a job; have I missed the Bain recruiting deadline? (A: Yes)
Q: Can somebody review my resume? (A: Ask your friends and school career office.)
Q: I have 2 (or 20) years of business experience and want to become a consultant; is an MBA really necessary? (A: Yes, if you want to work at M/B/B.)
Q: What happened to 8498563? (A: He is still among us in spirit.) |
| Message: |
Q: Can I get a referral/reference? (A: You should just stop all your efforts now)
Q: I have a felony conviction. Should I apply? (A: No. Background checks are required)
Q: Is cover letter important? (A: Yes. Don't confuse Bain Cap with Bain)
Q: I am Part-time/weekend/internet/EMBA from a top school. Do I have a chance at M/B/B? (A: Very small chance but do apply).
Q: How much do entry-level (MBA) mgnt consultants make? (A: ~5-10K above the starting median salary at top MBA schools. Unlike banking, bonus is typically ~20%)
Q: Which MBA school will increase my chances at M/B/B?
(A: http://bwnt.businessweek.com/recruiting/index.asp?c=844)
Q: How competitive is the interview process for consultant level at M/B/B? (A: Resume screening of 5-10% (top 25 schools) to 20-25% (top 5 schools) and 2 or 3 rounds of interviews. Each round has passage rate of 30% - 50%). For example, assuming 2 rounds of interviews with resume screening of 20%, your chances are, 20% x 40% x 40% = 3%)
Q: How competitive for analysts offers? (A: more competitive than consultant roles)
Q: I'm an APD candidate from a top school with brilliant CV. Any advice? (I: Join your school??s consulting club and practice cases. II: Apply to McKinsey and BCG. You can apply to Bain but they have been known to be not-so-engaging with APDs. However, west coast Bain offices are exception to this. III: Polish your Impact/Leadership/Interpersonal examples. Know why consulting and how it fits in to your career/life/interests. Be confident and show positive energy during interviews.)
Q: How do I choose between offers from M/B/B? (A: First, congratulations! Second, each firm/offices have different culture, vibe and industry focus. Talk to the consultants from the individual offices. Go from there--you should be able to figure it out)
Q: Can I negotiate my offer from M/B/B? (A: No negotiations. Starting dates are exception)
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