| Topic Name: |
3 Questions about entry-level consulting |
| Message Name: |
They are low balling you |
| Date Posted: |
07/29/2003 |
| In Reply To: |
Hi,
I have three questions for anyone who has some knowledge and experience in Mgt. Consulting in the Chicago Area.
I am a recent graduate with a B.S. in Business Management looking to get started in the consulting industry. I graduated with a 3.7 and have some solid experience from both internships and class work.
Currently, I'm looking at jobs in Chicago. I know the market is tough right now as I've received rejections for interviews from McKinsey, BCG, & Bain. (My top three choices)
I have an interview with with Smith, Bucklin, & Associates on Monday and am interested in their company...but I"m not sure it's the right place for me to launch my career.
I was really looking for more corporate experience...somewhere where I could get cross-trained in a lot of different areas.
Here are my questions.
1) SBA is an association management consulting firm. I was wondering what their reputation is like and will I get the kind of training and experience there necessary to allow me to move on to one of the larger firms later on.
2) What is the typical salary range for an entry level consultant? On my first phone interview they were already talking salary with me and the numbers seemed really low. Like 23K - 27K. I had been planning for the 35K-45K range. Am I way off base?
3) At this point in time, would it be wise to take an offer and get my foot in the door in this field...or should I hold out and try my luck with other companies like Mercer who better fit my criteria?
Any insights would be most appreciated.
Thanks!
P.S. Happy 4th of July! |
| Message: |
Back in 1991 when I graduated from undergrad with a lower GPA than you, I was making $28K and even that was tough to live on.
BCG and McK pays undergrads in the $50K range as you assumed. However, they tend to be partial to Ivy League degrees and it's a very very selective process. Given the hours you are likely to work, the $23K they are offering seems awfully low. I would think $35-$40 is more reasonable.
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