Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2310:00 AM EDT
-10:30 AM EDT
Admissions committees evaluate the GMAT/GRE in context — your background, your representation in the applicant pool, the strength of everything else in your file. The same score works for one candidate and falls short for another with identical numbers.
Apr 2312:00 PM PDT
-01:00 PM PDT
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
Apr 2408:30 PM IST
-09:30 PM IST
Join us for a Live Coffee chat with Jenifer Turtschanow where we talk about enhancing your MBA profile and fixing gaps in just 4 months.
Apr 2908:00 PM EDT
-09:00 PM EDT
Join us for a live Ask Me Anything (AMA) session with Juno’s Co-Founder, where we’ll break down everything you need to know about financing your MBA in today’s rapidly changing landscape.
19 Mar 2007, 11:11
Kudos
Bookmarks
kidderek
Approximately:
- Business Analysts become senior analysts
- Associates become corporate managers
- Managers become corporate directors
- Partners become corporate VPs
- Directors become CXOs
The numerous exceptions:
- Some go on to non-managerial positions in PE/VC/other professional services (lower leadership, much higher pay)
- Associates with significant pre-consulting work experience can become corporate directors; particularly impressive Business Analysts can be recruited into managerial roles
- Mid-market and smaller companies tend to bring in consultants at a higher level than corporations
- Many go on to start their own businesses
Note that I said approximately, and also be aware that number of years of work experience (consulting and non-consulting) are very much a factor. Although age discrimination is generally not allowed, the fact of the matter is that a 35-year-old Associate looks more attractive than a fast-tracked 28-year-old Associate. Exiting consultants are generally younger than your typical corporate manager, and it does cause issues with the rank and file. But that's just a fact of life. How would you like to leave business school for a consulting firm and immediately report to a manager who's significantly younger than you?
21 Mar 2007, 05:28
Kudos
Bookmarks
first off, thanks a ton guys for information on mc..very useful perspectives.
saw some questions on in house consultancies, thought i could share some information.
My company has an inhouse consultancy division. This is quite a high profile position to get , and the team members are recruited directly from INSEAD, IMD , Harvard and Stanford. Typically, after doing 2 or 3 year stints in the consultancy division, they transition into very senior positions across the company across the globe. So, it is used as a talent pipeline. I have spoken with many of these guys, and this is what they have shared with me
a. Payscales are as competitive as regular management consultancies, plus theres the added benefit of fast track careers, and positions of real responsibility..eg : you could do a couple of years in an IMC then take on a country manager role ,running a half a billion dollar business.. within 2-3 years.
b. It gives you exposure to real problems, and unlike external mc, you cant just escape after a slick presentation. you and your reputation are made in the company and its a high risk reward situation. If you are able to convince the CXO levels that the solutions you offer are brilliant, you end up joining the CXOs pretty soon. But if you arent able to convince them, or if you step on some hidden political agenda, you could end up crashing and burning. if the solutions you adopted are half baked, and end up disintegrating in a few years, you will be still be around to be held accountable..
c. the type of work may be less varied, but you tend to get around the jack of all trades syndrome easier, by building depth and expertise in an industry, or few industries.
i am looking at doing an mba and coming back into this sort of internal consultancy division..it seems like a really good option.
PS : The travel thing really sucks. I do sales, and i am out 2 weeks a month..(we do travel business class though) but it kills your life..you dont have a steady passion you can pursue....the miles and hotel points are great though..i have parlayed them well into free vacations.. in fact..the honeymoon is going to be pretty much free as well !
pss : yes..nothing is more hated than a consultant who makes you pull out data for him.
saw some questions on in house consultancies, thought i could share some information.
My company has an inhouse consultancy division. This is quite a high profile position to get , and the team members are recruited directly from INSEAD, IMD , Harvard and Stanford. Typically, after doing 2 or 3 year stints in the consultancy division, they transition into very senior positions across the company across the globe. So, it is used as a talent pipeline. I have spoken with many of these guys, and this is what they have shared with me
a. Payscales are as competitive as regular management consultancies, plus theres the added benefit of fast track careers, and positions of real responsibility..eg : you could do a couple of years in an IMC then take on a country manager role ,running a half a billion dollar business.. within 2-3 years.
b. It gives you exposure to real problems, and unlike external mc, you cant just escape after a slick presentation. you and your reputation are made in the company and its a high risk reward situation. If you are able to convince the CXO levels that the solutions you offer are brilliant, you end up joining the CXOs pretty soon. But if you arent able to convince them, or if you step on some hidden political agenda, you could end up crashing and burning. if the solutions you adopted are half baked, and end up disintegrating in a few years, you will be still be around to be held accountable..
c. the type of work may be less varied, but you tend to get around the jack of all trades syndrome easier, by building depth and expertise in an industry, or few industries.
i am looking at doing an mba and coming back into this sort of internal consultancy division..it seems like a really good option.
PS : The travel thing really sucks. I do sales, and i am out 2 weeks a month..(we do travel business class though) but it kills your life..you dont have a steady passion you can pursue....the miles and hotel points are great though..i have parlayed them well into free vacations.. in fact..the honeymoon is going to be pretty much free as well !
pss : yes..nothing is more hated than a consultant who makes you pull out data for him.
) prestigous B-school. This internal-consulting thing also seems pretty nice. I have a few questions for some of you practising consultants:
