Find all School-related info fast with the new School-Specific MBA Forum

It is currently 21 Oct 2014, 07:38

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Industry Specific Consulting

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Current Student
avatar
Joined: 10 Jan 2012
Posts: 7
Concentration: Strategy, Healthcare
Schools: Ross '16 (M)
GMAT 1: 730 Q48 V41
Followers: 0

Kudos [?]: 5 [0], given: 1

Industry Specific Consulting [#permalink] New post 24 Oct 2013, 12:04
Hi,

I am interested in a consulting role after my MBA. I would like to work as a consultant in the healthcare industry. Do any of the major firms allow you to go in to specific industries right after school, or do most require you to be a generalist at first?

I've read that Accenture allows for people to focus on industries and functions. Does anyone else?
BSchool Forum Moderator
User avatar
Affiliations: SPG Platinum, Southwest A-List
Joined: 01 Jul 2011
Posts: 208
Location: United States
GMAT 1: 750 Q49 V44
GPA: 3.56
WE: Management Consulting (Consulting)
Followers: 12

Kudos [?]: 87 [0], given: 24

Premium Member
Re: Industry Specific Consulting [#permalink] New post 25 Oct 2013, 13:49
Bucket1518 wrote:
Hi,

I am interested in a consulting role after my MBA. I would like to work as a consultant in the healthcare industry. Do any of the major firms allow you to go in to specific industries right after school, or do most require you to be a generalist at first?

I've read that Accenture allows for people to focus on industries and functions. Does anyone else?


You're right about Accenture, and I'd say that most major firms are similar. Some entry-level analysts (straight from undergrad) are required to be a "generalist," but beyond that level consulting firms want individuals who are specialized in a certain function or industry. All the MBA hires I know (at a variety of major firms) had to specialize. If you don't have any background in the healthcare industry, it may be more difficult to get a consultant position in that area. However, firms may not require as much experience for MBA hires - unlike for managers / senior managers / partners.
Current Student
avatar
Joined: 10 Jan 2012
Posts: 7
Concentration: Strategy, Healthcare
Schools: Ross '16 (M)
GMAT 1: 730 Q48 V41
Followers: 0

Kudos [?]: 5 [0], given: 1

Re: Industry Specific Consulting [#permalink] New post 25 Oct 2013, 14:11
missxmelon wrote:

You're right about Accenture, and I'd say that most major firms are similar. Some entry-level analysts (straight from undergrad) are required to be a "generalist," but beyond that level consulting firms want individuals who are specialized in a certain function or industry. All the MBA hires I know (at a variety of major firms) had to specialize. If you don't have any background in the healthcare industry, it may be more difficult to get a consultant position in that area. However, firms may not require as much experience for MBA hires - unlike for managers / senior managers / partners.



Thanks for the feedback. I currently work in the healthcare industry (government side), so I was hoping to leverage this experience in a consulting role. I've also done some research on Booz in the last few days, and it seems like that would be a good fit for me and my healthcare related goals, in addition to Accenture.

I talked to a few friends that interned at MBB firms over the summer, and they made sound like those firms take a more generalist tract. But I could be completely mistaken. That's why I'm reaching out for advice.
BSchool Forum Moderator
User avatar
Affiliations: SPG Platinum, Southwest A-List
Joined: 01 Jul 2011
Posts: 208
Location: United States
GMAT 1: 750 Q49 V44
GPA: 3.56
WE: Management Consulting (Consulting)
Followers: 12

Kudos [?]: 87 [0], given: 24

Premium Member
Re: Industry Specific Consulting [#permalink] New post 26 Oct 2013, 12:51
Bucket1518 wrote:


Thanks for the feedback. I currently work in the healthcare industry (government side), so I was hoping to leverage this experience in a consulting role. I've also done some research on Booz in the last few days, and it seems like that would be a good fit for me and my healthcare related goals, in addition to Accenture.

I talked to a few friends that interned at MBB firms over the summer, and they made sound like those firms take a more generalist tract. But I could be completely mistaken. That's why I'm reaching out for advice.


That's great that you're already working in the healthcare industry. You won't have any problems specializing in it then at a consulting firm. Just make sure that the firm you're looking at has a practice in the healthcare industry (which most of the major firms do).

MBB could definitely have a more generalist tract, since they focus on strategy and not implementation.
Manager
Manager
User avatar
Joined: 17 Aug 2013
Posts: 92
Concentration: Entrepreneurship, Technology
GMAT 1: 740 Q48 V44
GPA: 3.33
WE: General Management (Education)
Followers: 0

Kudos [?]: 18 [0], given: 14

GMAT ToolKit User
Re: Industry Specific Consulting [#permalink] New post 08 Dec 2013, 10:21
Bucket1518 wrote:

Thanks for the feedback. I currently work in the healthcare industry (government side), so I was hoping to leverage this experience in a consulting role. I've also done some research on Booz in the last few days, and it seems like that would be a good fit for me and my healthcare related goals, in addition to Accenture.

I talked to a few friends that interned at MBB firms over the summer, and they made sound like those firms take a more generalist tract. But I could be completely mistaken. That's why I'm reaching out for advice.


McK (don't know about the others) has a healthcare practice and its definitely possible to apply straight to a position focused on the industry although it is generally more difficult - mainly because there also has to be a need at the office you're applying to. Given your previous experience, the more specialized industry knowledge is less of a concern. I've known people who started on the expert track (industry focused) and others who started on the generalist track and switched within 6 months. Generally if you can make the case to change tracks, then its possible
Intern
Intern
avatar
Joined: 22 Nov 2013
Posts: 2
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: Industry Specific Consulting [#permalink] New post 23 Jan 2014, 18:52
My dear, as you specified Accenture is a good organization that provides products or niche specific management training courses; apart from this one, you may contact BMGI also; it is a global consulting firm with specializing in management consulting customized solutions in strategy, problem solving, business transformation and innovation.
Director
Director
User avatar
Status: Go Blue!
Joined: 03 Jun 2010
Posts: 685
Location: United States (MO)
Concentration: Nonprofit, General Management
Schools: Michigan (Ross) - Class of 2015
GMAT 1: 740 Q47 V45
GRE 1: 336 Q169 V167
GPA: 3.22
WE: Information Technology (Manufacturing)
Followers: 16

Kudos [?]: 146 [0], given: 249

Re: Industry Specific Consulting [#permalink] New post 17 Feb 2014, 16:07
Glad you found those two (Accenture and Booz), they would have been my recommendations. It feels to me like most firms recruit generalists, but Accenture has a separate application stream for its Health and Public Service practice, and Booz asks you to select an industry or functional practice during the recruiting process. I also recruited with McKinsey, BCG, and Deloitte but they were generalist streams (although McK has a seperate business technology practice application stream).
_________________

ME: PROFILE | CPA: BEC AUD FAR REG | CMA: ONE TWO

bitly bundles: mba rankings | mba programs

Get the best GMAT Prep Resources with GMAT Club Premium Membership

Re: Industry Specific Consulting   [#permalink] 17 Feb 2014, 16:07
    Similar topics Author Replies Last post
Similar
Topics:
Experts publish their posts in the topic Operations consulting in Energy industry whylivelife 3 26 Oct 2010, 03:35
Experts publish their posts in the topic Operations consulting in Energy industry whylivelife 3 25 Oct 2010, 23:59
1 Operations consulting in Energy industry whylivelife 2 25 Oct 2010, 23:50
DDS to Consulting or industry ukmenon 0 23 Jun 2010, 05:52
26 Industry job or consulting? milias 37 09 Jun 2010, 05:30
Display posts from previous: Sort by

Industry Specific Consulting

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.