Tips and tricks

How do I get a consulting job right out of college?

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How do I get a consulting job right out of college?

HOW TO BREAK INTO CONSULTING

  1. Acquire the necessary skills and knowledge.
  2. Prepare a good cover letter and a strong resume.
  3. Acquaint yourself with the professional consulting job-hunting process and interviews.
  4. Find a good mentor in the consulting industry.
  5. Become a member of a consulting club.

How do you get a job at a top consulting firm?

How to get into consulting:

  1. Adjust your resume and cover letter.
  2. Get your foot in the door.
  3. Ace the quantitative tests (PST, Potential, etc.)
  4. Stand-out in behavioural interviews.
  5. Nail your case interviews.
  6. Ask your interviewer good questions.
  7. Bonus: top consulting firms.

How do I get a job at McKinsey after college?

  1. Study smart. McKinsey is known for being the first major management consulting firm to recruit employees straight out of college.
  2. Get comfortable. Once a candidate has earned an interview at McKinsey, they follow the firm’s meticulously crafted hiring process.
  3. Analyze and speak up.
  4. Show off.
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How much do consultants make right out of college?

Starting from the base, fresh graduates (from undergrad institutions) earn an average base pay of $83,500 from top-tier consulting firms. Their performance bonuses range between $12,000-$18,000, with a signing bonus of $5,000. For entry-level hires salaries are about $83,500 on average at the top tier firms.

How do I find my consulting niche?

Finding Your Consulting Niche

  1. Expertise.
  2. Competition.
  3. Change Rate and Product Life Cycle.
  4. Predictability and Complexity.
  5. Reputation, Word of Mouth and Referrals.
  6. Barriers to Entry.
  7. Target Market.
  8. Growth and Diversification Potential.

How hard is it to get a consulting job?

For example, McKinsey (one of the Big 3 consulting firms) only accepts around 1\% of the candidates who apply, which is a lower acceptance rate than Harvard’s prestigious MBA programme. The good news is, that with the right preparation, getting a consulting job is actually pretty straightforward.

Do consulting firms recruit at other schools?

There are other schools where consulting firms recruit. However, if you’re targeting a job at one of the leading consulting firms, and you are not enrolled at a target school, then the path will probably be more difficult for you. But don’t worry, in the next section, we’ll cover some tips for networking your way into a consulting interview.

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Is an MBA worth it for a career in consulting?

Year after year, swathes of ambitious, hungry MBA graduates enter the ranks of the Big Three consulting firms, keen for career success and the salaries consulting firms pay their incoming hires. For those just starting out on their MBA journey, the world of consulting can seem daunting.

How do I find consultants to hire?

Begin by creating a spreadsheet of potential contacts. Start with consultants you know, and then add in family and friends who could introduce you to consultants. Your last priority should be cold-contacts (from LinkedIn or other platforms).