Mba recruiting reddit. MBB offers about 85% of vets recruiting.
Mba recruiting reddit. I only spoke with healthcare groups).
Mba recruiting reddit In fact, many of the same demographic hurdles for MBA admissions apply to recruiting as well, depending on the industry. Literally know a Harvard MBA grad (who did consulting before MBA) that became a PM 2 yrs after his MBA; he first did product strategy - and that's still a level below my current level Had talked to a recruiter at this firm before doing the mba for a role that was ~145ishk, so I assumed the post mba role I applied for would pay similarly…. This is probably thinking way too ahead, but I'm already considering re-recruiting in my second year and expanding my search to include Consulting and other types of Financial services role on top of IB. If backgrounds matter more than they do now, people who worked in finance and consulting would have an even bigger advantage in consulting recruiting. There was basically an open sieve for ~2 years where anyone with a pulse can get in. Hello, I will be attending a T15 Bschool this fall and as someone interested in a career in consulting, I have started doing some research. I was part of a covid layoff and had to start over again. Pre-COVID it was the big tech companies had formal MBA recruiting in the fall. But if you’re looking at schools outside that tier, recruiting tends to be regionally-based (e. The upside is I would be able to continue working during the program in my ~75k/year job (though I The intangibles that cannot be considered are happiness in those jobs. So I'd just save yourself a lot of study time and effort, and go for your MBA, instead. Creating some leads as recruiting won't pick up until January at most companies lol. Conflicting messages. 0 chance we pick an MBA candidate with no relevant product life cycle experience over a Meta PM, just because that candidate went to an elite MBA. In regard to those that haven’t gotten internship offers, that was specifically in reference to IB and consulting people who struck out and not the other parts of MBA recruiting. You do have the option of recruiting with multiple groups, but your comment has not been my nor my friends' experience recruiting this cycle. The final 2 interviews are staggered, IB is in the first 1-2 weeks of winter semester, consulting is shortly after. Pretty sure the FBI salaries were over $100K. Cost of living in whatever state I end up (impossible to say with recruiting for solely one geographic area) and the current pitfalls mba recruiting / the job market as a whole are experiencing. Members Online These are quality candidates who went through their RPM program too. Hello r/MBA!. Internationals harder across the board, tough for white/asian males in IB, URM has its own recruiting process for almost all industries, some industries have separate processes for women as well etc. Indian student simultaneously recruiting for IB and consulting jobs in London and India. But let’s say Citi might have 7 Booth spots, 6 Stern, 10 Wharton, etc. I was curious to know how those of you who are /were recruiting for consulting selected your target offices. For MBA recruiting, you will stand out if you can effectively tell a good story and weave in your past work experience into your pivot. a different big 4 that normally hires 20-30 yearly (biggest recruiter), has pushed the start date back 2 times for the full-time hires they made and only gave out 3 interviews this year. Surprised no one has mentioned that the consulting recruiting process at top MBAs is essentially designed to make students see MBB as the holy grail. For those of you who have an MBA and went into consulting and those of you who are pursuing an MBA to pivot into consulting, why choose that? The obvious answers would be prestige, compensation, and so on. In normal times, the competition is pretty fierce for FT recruiting, primarily bc they convert most spots from internship. The whole waiver thing will be messy for a while. Im a staff, and Im getting an MBA to get the heck out of Accounting and pivot towards consulting/finance. Consulting club leads are typically those that got MBB, MBB has way more “invite only” events and in some cases (not mck) more general networking events, the program offices send emails about Get the Reddit app Scan this QR code to download the app now MBA recruiting . and what the requirements are? Do these firms require going to a top 10 MBA program, a 700+ GMAT/GRE score and stellar work experience, or can a career changer from a top 20-25 For example, a lot of ppl on this sub want to join tech post-MBA, but ppl around me this year haven't had much luck so far. I would say that landing MBB is more competitive because you only have three firms for all M7 (and some T10-T15 they recruit from), while there are significantly more EB/BBs, and, consequently, open positions. not real tech). e. Background: Work Ex : ~4 years at a large engineering company (Process/data engineer), then ~1 year as PM at early stage startup (both in Hong Kong/Singapore) Two things that always stood out as good things to me, first is specific to MBA hires and second is general: Humility: I have interviewed many MBA grads who thought they were the hottest thing on the market and felt they were owed a job purely for graduating from a top school. Either way, there's not enough information to say definitively. Some funds might not do OCR one year based on hiring needs since they have other pipelines such as lateral hires, returning associates, etc. I didn't go to any of the pre-MBA early events so I'm concerned if I'm behind already. ) along with more atypical opportunities through the bay with all of the activity in tech, vc, entrepreneurship and climate change opportunities nearby. I’ve read recruiting for IB starts right in the fall when the MBA program starts. I’ve seen people leave CDD shops at Director level to in-house Corp dev plenty though so that path of doing deals is open. The key would be to do pre MBA or early recruiting for one industry and regular fall recruiting for the other. Source - MBB intern returning for full time with close relationship w the MBA recruiting director at the firm. Even if they have poor yield on their FT offers to SAs there’s a long list of high performing 2nd year analysts at their bank that they can promote early to fill in gaps. So just wanted to put it out there (in case anyone is interested about OCR for PE at Wharton) that as of right now, among the MF PEs we already have Blackstone, KKR, Viking Global, Bain Cap and Apollo doing OCR. MBB re-recruiting is literally non-existent, like 0 offers, and only interviewing waitlisted candidates from last year. In either case, post-MBA they would go back to the associate position, which they could've done by simply lateralling, instead of dropping $250k and 2 years of their life on an MBA. Some are here for interns only -_- It's annoying to see off-campus job postings at the post-MBA level from a few of these missing companies, but it is what it is. I am entering a top MBA program this fall and have been interacting with a lot of current students recently. Activision/Blizzard is the only one with a MBA LDP program but other major publishers like Riot, Xbox, PlayStation, Epic, Warner Brothers, and EA also hire MBA interns and full time students. Most of them seem to have a very negative recruiting experience (40-60 job applications with 2-5 interviews and maybe 1-2 offers). Thank you very much for taking the time 1. When I say “back pocket,” I don’t necessarily mean “backup. . You probably already know this, but let me take this opportunity to remind you that suicide is never the solution. and the company froze intern hiring so i didn't get a For investment banking most firms have a set number of placements for school with maybe some wiggle room. If you missed the fall recruiting and were dead set on big tech you’d need to apply with the general populace towards the end of the school year unless you networked super well and someone was willing to hold a slot until you graduated. Long sighted view, I know the MBA is a long-term investment and maybe things will be better by next Fall for FT recruiting, if not (who knows) then I move on, do other things and know I'll land somewhere that with hard work and strong networking (a lifetime effort) that'll make it worth it. Like a lot of tech companies cares more that you have significant relevant pre-MBA experience. That crowd was not successful in recruiting, and contributes to the stereotype of the entitled MBA. Taking +$100k loan is already a huuge risk especially if you're coming from a "developing" country (think of India or East Asian countries), and it's further exacerbated by the post-MBA recruiting process which places particular emphasis on your soft skills (fluency in english, mastery in American culture etc). I have been talking to current students, recent grads, and the career center and they have given some advice (grades matter, travel to NYC, high touch process that takes place over months) that I will use in my own recruitment efforts. While recruiting: tons of stress, probably maxing out your class absences or taking the grade hit to miss class. Vet at an M7 headed to MBB. Would have been very happy to matriculate if it was my only offer, and would have probably matriculated with the scholarship offer they gave me if I didn't also get a substantial scholarship at a "better" school in the T15 that would give me better odds at recruiting for strategy consulting. ” Admissions officer indicated to me that PT students CAN NOT recruit with FT students. Prep isn’t the same as IB, but know how to walk thru tech cases and fundamental financial concepts/statements. Booth PT: On the other hand, Booth has a better MBA brand / ranking. Fair enough - that’s the pre-MBA title. Another issue is the scheduling of classes, which leaves few options for full-time MBA candidates. Well, this is the $150,000 question, now isn't it? I'm going to assume you've already heard about being technically proficient and the informational interview process in MBA recruiting. BB/EB IB offers like 95% of vets recruiting. ” What I mean is that most MBA students don’t even consider the industry, when I would offer that they should give it at least a look. I’d give it your fall for 3 months and pivot after that if you weren’t successful. Once interview invites are sent out, casing performance is by far the most important factor. MBB hiring strategies for Fall 2024 are likely to be more selective than ever before. Is pretty privilege real in MBA recruitment, especially for consulting? I think General Management can be pretty confusing to recruit for, because you don't recruit for GM positions right out of MBA -- usually you're recruiting for rotational programs/internal consulting roles that will eventually lead to GM roles (clarity of career path really differs company to company). I. For where the school is ranked, I feel like it’s one of the least talked about on this sub. However, this contrasts completely with the MBA recruiting environment for internships and full time jobs, with many graduates of top 15 programs struggling to land jobs. I assumed MBA students wasting too much banker time would be bad. you need PE experience to realistically recruit for PE in 80%+ of cases. true. 2 of the big4 recently converted to domestic only. Ability to advance tracks promotions among recent cohorts. The three main pre-MBA program make sense. However when I was making my choice between Ross, Kelly, and UVA, I visited and sat in on some of the admitted student meetings and found I really liked the learning environment and network that the Darden program was offering. Pivoting to PM without the help of campus recruiting is significantly more difficult than most people think. The Reddit Law School Admissions Forum. - Grade disclosure policy: If you're at a school with grade non-disclosure, grades mostly do not matter for mainstream on-campus recruiting. Moelis LA almost ALWAYS hires 2 people from CBS. No idea yet what this year's intern numbers will be, but my feel is there has been an additional cut in numbers from last year. How is the MBA recruiting at Booth so far? Sounds pretty grim from the main r/MBA thread but would love to hear experiences from students on the ground! (P. It's just bad right now, even internally. A lot of MBA talent already isn't that great relative to undergrad, and now you're digging even deeper into the class. The MBA candidate pool is more diverse than I have ever previously seen. It's definitely not doom and gloom to the point that you should reneg your MBA admit but there are plenty and plenty of very good candidates that are struggling (M7 wide, not just my program). Step 1: Making the Cut Any T10-T15 school should suffice to get your foot in the door for almost any F500 LDP, even if the company isn’t actively recruiting there. Bain is TBD. Johnson FT: I know Johnson FT has a strong IB pipeline and I hear it is a very structured recruitment process, with plenty of touches with banks during the recruiting season. Chances of you meeting someone outside those 3 cities at a networking event are pretty slim. Jefferies might have 5 booth, 4 stern… whatever you get it. but did not continue to call for informational, coffee meets, emails, informal advice etc. So, NYU's is a T15 program in the T11 to T14 range (historically ahead of Cornell), the second best program within its host city (behind Columbia), and the like 5th best in its specialty which is finance (Wharton, Chicago, etc. Members Online CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. From my conversations with grads from Harvard and Stanford, the campus career offices weren't that helpful when it comes to tech. I help with recruiting at programs, and when I’m on T20 campuses I find less than 10-20% of the class shows up. There are never enough spots for people recruiting in general. You can get in with a non-traditional background if you speak to the right people (anyone who’s involved in MBA recruitment and is willing to pass your name along) to get on the office’s radar. Larger MBA class sizes in 2024 and 2025 as enrollment always increases during recessions. Pretty awesome achievement to get an interview for that as a non-trad applicant. But seems like Wharton has a good presence at all of these (though LGP only has 2 Wharton MBA, and 3 HBS MBA). Independents are generally more in-line with what you described. In the same boat as a T15 2Y… except recruiting for a niche industry as an international (though I have pre-MBA IB experience which helps). This may sound convoluted, but I felt like MBA PM internship interviews were looking for candidates who could learn/grow into a PM and seeing if your pre-MBA non-PM experience could cross-over into the tech space. As some who watched their friend make a horrifying suicide attempt over the stress of mba recruiting/social expectations, I can 100% guarantee you that it is never the answer. E. but when shit hits the fan, these employers aint hiring, thus leading to decimation come FT recruiting. Would an MBA be a viable path with my profile, and if so, would anyone have any recommendations for schools to look at? Apr 8, 2020 · For those who went through post-MBA recruiting, would you say that most people with prior PE experience who wanted to return to the field were able to? What factors played against those who weren't able to, but tried? Undergrad and post-MBA recruiting are two different beasts entirely, so it's rather difficult to compare them directly. Centerview ran a process at CBS this year for the first time after recruiting from H/W last year. Now that I have some sway over our MBA recruitment, I have drastically cut back on the hiring from CBS and begun investing more into analytically focused programs such as Tepper and Darden. S. Now, the problem lies with the people who went all-in on MBB and completely ignored B4/T2 consulting, which care a lot about demonstrated interest. I forgot to add this to the post, but I am looking to recruit for Energy/O&G/Natural Resources in Houston, so I am only targeting roughly 10-12 banks. Also, offices in each region send employees to nearby campuses for on-campus recruiting. YMMV for off-campus opportunities and certain industries that aren't sticklers for rules. If your school doesn't have GND, grades are a significant factor in recruiting. Non-business background, so really looking to get a big brand name on my resume after school. A typical timeline could have first round, final round, and decisions in the same week, especially for a local school/office combo (e. I'd imagine this is just a snapshot of this year. Lots of economic uncertainty so post MBA recruitment might be difficult with my background My manager is pretty good Pros for doing MBA have a 20% scholarship Would allow me to explore my career networking for lucrative jobs and future business prestigious brand and masters degree might future proof my career Alleviate skills gaps Tech doesn't have structured recruiting (aside from Amazon I believe) - they don't carve out quotas to hire MBA grads like consulting and IB do. I’ve already talked to a few 2Y students, and heard that they had their best IB recruitment in years (obviously this is on a very small scale due to their class size, but… heard that someone got Evercore internship, JPM/MS each took one or two kids, and 10+ ppl are going to Wall St which is ~10% Besides our in-house MBA career services, does anyone know a good job search site (e. The MBA curriculum has changed in many ways too, with less emphasis on the core and more on electives. You will have enough time once you get there. I think the usefulness of pursuing GM Ah I think I mixed it up with someone else who got 730 in this thread. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. I'm headed to a T20 this fall on a partial scholarship and was always set on recruiting for consulting until recently. It's not always easy but I urge others to keep the faith! Not sure if all of these posts about pre-MBA background are because recruiting results are coming out but goddamn, you guys need to relax. Not aware of anything else No need to do Cases pre MBA. Both our lives weren’t the same after that day. FT recruiting is rough even in good times. During my MBA I was on a sell dinner with a CPG that flew a few of us out for dinner before internship offers went out At dinner one of my classmates blurted out "wheresthewatercloset, aren't you also recruiting for consulting?" in front of the hiring managers. Am an international as well) MBA is hardly our only pipeline. E. I am not international. For FT Recruiting - I was told it's going to be tough this year and the ideal candidates are the ones who were borderline for landing an internship (it's the thinnest of margins) and/or did some Lots of people still switch jobs during the program, but the recruiting is pretty unstructured compared to FT, because there's so much more variation in the target roles and timelines, and because most people's target roles don't have standardized MBA recruiting pipelines. I work at a large bank that is a big MBA recruiter (sorry I can’t be more specific) and we are definitely reducing our numbers for interns and full time post-MBA hires. Consulting recruiting was brutal at my school this year, MBB interview slots are down 40-50% (tbd how many interns they hire)… My leaders are also not fans of recent MBA hires and are very vocal about it but that is just my MBB. (Genuinely might be better post covid bc bankers don’t really want to take time for in person coffee chats too) yes you miss a lot socially with non banking recruits, maybe even spend Xmas/new years interview cramming. Completely deliberate to throw me off my game. T2 re-recruiting is very slim as well, with several firms canceling recruiting and others interviewing only a handful. So let's talk about making it happen. Is this normal at all programs, or should I be worried?? A community of Recruiting / Talent Acquisition professionals engaging in meaningful discussions and sharing information about the newest and greatest in Recruitment. I'm kinda experiencing this now. But you could get all of the above in IB, PE, and VC. Careers/Post Grad Hello I’ll be graduating in 2025 from a top Texas MBA program. On an absolute level, recruiting was somewhat worse, but when considering quality of role then you really begin to see the disparity. Website states “Eligible Evening & Weekend students may participate in the on-campus recruiting process with Full-Time student participants. Most of the 23 hires were during internship recruiting before the downturn. This assessment is based on LinkedIn hiring data and recruiter InMail outreach data. There have been mass layoffs in tech as well as hiring freezes or slowdowns. But they do have separate PM roles too that aren't part of the formal MBA recruiting process. Easy MBA admissions cycle and banner year for consulting. Although I had the opportunity to join MBB, I have instead chosen to take a FAANG PM internship. Also, IB has slightly lost its (sex)appeal due to high churn and For mba hires it’s a hindrance more often than not - the longer you worked the more unlearning you have to do. Lots of stuff available! We have your classic career resources (clubs, career coaching, networking sessions, 2nd year advisor apptments, industry panels, resume / interview / networking workshops, etc. However, I feel like I see so many people on this sub sh!t on McDonough because of its ranking/recruiting/millions of other reasons. I was admitted to three schools in the T15. My post-MBA career goal would be to transition into Corporate Finance through a Leadership Development Program/Financial Leadership Development Program (LDP/FLDP) and I still haven't decided on a particular industry within corporate finance, although oil Today, I do not recognize the beloved institution from which I graduated. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. And the title of this thread is obvious to literally anybody applying to b-school. There's actually some hints that Wharton may be below Sloan, but above the rest of the M7 for MBB recruiting. Stupid but true. I'm looking at a comprehensive description of this universe. Please make sure to read our rules and wiki before posting. In this current environment, frankly, I don’t know if there is gonna be as much of an appetite for FT recruiting and would consider thinking about alt. FBI yes, CIA yes, NSA not in my experience. If we need a ton of people, we invest more in a ADC/APD recruiting, regional target schools (looking for diamonds in the rough), and experienced/lateral interview days. Current student at W, and I get asked a lot by prospective finance applicants about PE recruiting at W. There have been some internship opportunities, but I don’t know how the numbers compare to previous years. There are also part time MBA programs that are more affordable and allow you to keep working but you’re pretty much on your own in terms of networking. Is recruiting as tough as the article says for consulting, tech, and finance? This WSJ article makes me worry quite a bit as an MBA applicant. Covid made recruiting hard in 2020, but then 2021 was an amazing year for recruiting. Jul 17, 2024 · I haven't done a GMAT/GRE, but at this stage I am considering what my options are for my next step in my career, be it staying in industry or doing an MBA and looking to get into consulting. Only 1 MBB and 1 B4 recruiting FT on campus or job board. If you took the number of Summer Associate openings and compared to the number of MBA students at all schools trying to recruit, there'll be many more of the latter. IB is also non-existent but that's true in even good years. g. I'll take it one step further though. Workshops that could have been useful in the first semester were offered in the middle of the spring semester, too late for many students in the midst of tech recruiting. Not only were fewer firms across the Street recruiting, but the sheer uncertainly resulting from COVID-19 lent itself to much more conservative recruiting decisions, both in terms of headcount and selection. Also, beware how intermingled all of recruiting is. Apple has a PMM MBA internship program, however their "PMM" role especially in the "worldwide" group is essentially a fusion of product marketing and product management. Post-MBA would be Vice President or Senior Associate depending on the shop. Funnily enough, I did attend a combined undergrad/MBA recruiting fair when I was in b-school and the NSA was recruiting, but only for undergrads. Go ask a McKinsey consultant how many people are on concerns or a bcg consultant how many people are yellow. They'll find a great job, but may feel "behind" a couple years. FYI - not all firms call the post-MBA role "associate. They'll know you took an offer and will quickly discover you're still recruiting. Some people can recruit if they had MBB / T2 Strat or BB/EB/topMM IB experience, some luck out with smaller firms and some people luck out with pivoting from banking post-MBA (not a common path) but overall most post-MBA PE professionals took the typical route of The flip side is that a lot of the corporations are starting their normal non early recruiting interviews and this week a bunch of interview invites went out. As someone who just went through MBB recruiting and had numerous touchpoints with all 3 firms, I have observed that Bain is noticeably different from the other two. , LinkedIn) that allows us to filter jobs that have an anticipated start date as far out as June 2023? The vast majority of current job postings correspond to start dates within the next few weeks/months. I’m at a tech-heavy program and heard that 40 - 50% of our class was still recruiting before spring break. It's still a T25 school and I really would like unbiased opinions about the school. You have to understand that the recruitment process is not just about qualifications or doing the right thing. Some of these folks have gotten dinged from McK and BCG already, and the B4/T2 firms don't even know their names and Group-wise recruiting is bank dependent. Does graduating and recruiting for your first post-MBA job in a recession have a long-term impact on your lifetime earnings potential? Say you recruit to a position that used to pay $150K and after 2 years typically has risen to $180K-- but in a recession you recruit for $120K. FT recruiting is mostly for folks with internship return offers looking to upgrade. Even interviews were hard to come by, unless you're applying to supply chain or finance jobs in tech (i. If I end up in a SFA role FP&A, then I don't think my MBA was worth it, at least IMO. So who knows what 2023 will bring. Doable, banks don’t NEED to hire second years. Recruitment process is quite holistic for MBB. I was also told by an admissions counselor recently that recruiting will be starting next month (we were talking about a specific firm but the topic of recruiting was on a broader scale). And while most MBB folks exit to corpstrat, bc of the higher comp, there's been an increasing # of folks exiting to PM, and yes, most exit to the post-MBA level. Both McK and BCG offered fewer interviews than last year. Learn about MBA programs, applying to them, and what life is like while in one and afterwards. for Do you have any tips for those at T2 firms looking to do an MBA for purposes of transitioning to MBB (in particular for points #2 and #3 above if we have already been re-doing case prep)? Is going MBB or bust (for consulting) the wrong way to think about it? Also open to LDPs, PM roles, etc but want to focus efforts on the consulting recruiting Fewer people recruiting for tech, many likely to go consulting instead. Members Online It’s a combination of things not really specific to Georgetown. It's impossible to predict the future. It also tracks how quickly all past alumni have reached director or VP-level leadership roles. for my internship i did this in a very unorganized way that ended up working out well but i had to submit 75 applications. Are there specific schools within the M7 you should go to/look at if you want to pursue this path post-MBA? Are LO AMs primarily the only option or are AM wings of investment banks also possible? Any insight on the recruiting process for these roles, where people end up, post-MBA salaries, etc. I thought it was all through the early recruiting. Second years talk to each other and to their banks. Feel bad for the current crop going for consulting. Also, for the most part, this isn’t a new issue just one that’s become really prevalent this year as recruitment has dwindled due to the economy and Georgetown accepting a larger percentage of intentional students. Most BBs (outside of MS) are group-driven (e. Really I did not know they give fellowships through regular recruiting as well. Thoughts on MBA recruiting for a specific practice at MBB? Careers/Post Grad McKinsey and BCG both allow MBA students to apply to specific practices (strat & corporate finance, digital, marketing & sales etc. $115k with $4k promotion and a 2% bonus each year… yup really looking to take a $100k pay cut on top of the 160k of student loans. Same stories happened with folks that I know recruiting for healthcare -- outsiders were rejected. the normal way is to just apply online. I Looking at number of 21 versus 22 interns and 22 vs 23 hires at my schooll looks like a 25 to 30% drop across all 3 firms. Consulting recruiting is going terribly not because of the MBB but because of the T2/big 4 firms. I only spoke with healthcare groups). I'm looking to go into Healthcare post-MBA and am interested in entrepreneurship so please tailor responses based on that! r/MBA Reddit, Could somebody please elaborate on how competitive the application process is for non-MBB consulting companies such as Deloitte, E&Y, Accenture, etc. 10 votes, 16 comments. Hey all, I am a prospective applicant looking to apply in Fall 2022 and I am trying to select/narrow down a list of schools to apply to. Process What is the process for recruiting in consulting? Well I am biased as I am in the 2025 EMBA class at UVA. There were concepts I learned in class that I 100% needed to solve my cases during interviews. Better to be honest with yourself and the firm about where it makes sense for you to be and where your school has a strong network of alums. It’s just a transition that happens pre-MBA. Lower attrition among existing MBB staff as fewer people look to switch jobs amid recession. paths simultaneously. Vet recruiting here has been much better than the non-vet students. 3 rounds of layoffs in the last 12 months cut our groups headcount by ~25% in the US, mostly A/SA. FYI, Steps 1-3 all happen over the informational interview period pre-interviews. Recruiting. Utilization is lower than projected at BCG (and this years projections were lower than last years. We as Class of 2024, had an easier year for admissions, but got the shit end of the stick regarding internship recruiting. How is MBA recruitment going? I’m really scared of not finding a job as an international student who has to take out a significant amount of debt. There are ~5 people in my cohort doing both IB and consulting recruiting, and only 1 had succeeded in doing so by landing a MM IB offer, all other people are now looking for plan Bs in case their consulting recruiting busted as well. All this means more people than usual competing for fewer seats at MBB. Jul 24, 2024 · Planning on going to an M7 this fall and recruiting for MBB/consulting summer internships. You've lost one option for recruiting but on-campus recruiting is still a great option especially at an M7 school. Know why you want to work in tech/at X company. ). That being said, I spent more time than was needed on classes, and could have dedicated that time towards other parts of recruiting. I applied and was admitted to Georgetown. Some of it due to awareness, some because our home countries may not have a mature enough tech ecosystem to allow that and others because we may need Full time recruiting is pretty much over by late fall. I'm done with consulting recruiting (also did big tech recruiting, but signed an MBB offer) and would love to answer any questions/give any advice. I know there have been posts in this sub already about the various pre-MBA recruiting programs (ExperienceBain, McK Early Access, BCG Unlock), with all of the firms offering additional networking opportunities for specific individuals. Coca-Cola recruits from GA Tech and Emory, Target recruits from Carlson, etc. If I got laid off tomorrow, it'd take me 6 months to find an equivalent role. Then got laid off, so I'm looking for post MBA job 4. I pivoted to retail (post mba job #2), then joined post MBA job 3. It also doesn’t have to be an all or nothing tbing. You might actually do more harm than good if you learn it the 'wrong way' now I would definitely not reach out to campus recruiters before starting the program. I see much fewer internationals doing that. I also imagine it will be tougher to convert your internship to full-time, so bring your A game this summer, no matter where you end up. PJT Rx used to only recruit JD/MBAs from H/W but just opened up to Columbia as well (potentially others, I'm unsure, but I know an MBA got an offer, unsure if they took it). Based on my experience, it is a good thing that the door is being opened for new kinds of assessment. Social. There seem to basically be two types of recruiting: on campus-esque, and normal. The roles that they typically hire for (as you can imagine) tends to lean more on the business side of the business such as PM, PMM, brand manager However, an MBA provides serious networking/recruiting opportunities whereas an MSRE doesn’t have that strength unless you go to Columbia, NYU, or MIT. I would appreciate either overviews or detailed post on any particular aspect of the recruiting process and the work experience. Anything else I could learn in the 2-3 months pre-MBA to improve my preparation for consulting? Not just for recruiting, as the first round is networking-heavy (?), but for consulting as a career. Kellogg for Chicago) where there are no travel logistics. the on campus is more a factor at the better schools, and i don't have much experience with it. Earlier for internship recruiting. So you could end up risking your bird in the hand doing that. If you have time to retake to re-negotiate higher scholarships and increase your changes of MBB interviews then you could, but otherwise I would try to talk to 2nd years when you start and study r E. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. would be most appreciated! Keep in mind that a lot of MBA programs, professional and weekends for example, simply do not even have the internship options available. I feel this was missing CVC, Apax, and LGP. how much of your success is actually in your own hands once you get into the MBA program? Learn about MBA programs, applying to them, and what life is like while in one and afterwards. I tend to partially agree with you - I think an MBA may give you the soft skills/strengths on the product strategy side, but it obviously gives you 0 experience in working with developers, writing feature tickets, and familiarity with the I think it's reasonable to say that H/S > M7 for MBB recruiting, but I'm not convinced about Wharton. California native simultaneously recruiting for SF IB, consulting and tech PM ^^The key to these searches' working is that there are relatively few IB jobs in these locations and so IB recruiting efforts can be focused. Think they had some finance roles targeted towards MBAs a few years back but now it just seems to be just the undergraduates Finance development program. The concentration of recent alumni is highest in Boston, then NYC, then Chicago, which matters a lot when recruiting for careers that depend so heavily on networking. Past posts on Reddit indicate that PT students have one opportunity to recruit with OCR. For this cycle, Mckinsey/BCG seemed to value the online assessment test results A LOT to determine their interview invites. Corporate finance offers are likely a lot easier to get, or at least they were when I went through it Hi r/MBA - I'm an East Asian male contemplating applying to a T15 to pivot into IB (BB/EB). Yes, no shit, someone with more "elite" work experience will end up doing better in recruiting. The vet network made recruiting 10x easier as all the vets I reached out to were extremely willing to have a conversation. If you’re still in touch with the folks you interviewed with maybe float the idea of recruiting for the post-MBA roles with them and see what I think the main advantage is that recruiting pipelines for career changers exist into product via an MBA. How much does formal consulting experience pre-MBA factor in? I'll check again but iirc, the pre-MBA programs aren't open to internationals. So I did all recruiting events, wall street visit, etc. They take points of contact seriously, to measure interest. ) As Tuck has the second best employment outcomes in the US, and Yale is Yale, then they don't belong in the T15 conversation. Absolutely agree. T25 and it's a bit rough with about 80-90% of consulting firms that recruited last year not recruiting FT this year. I recruited simultaneously for big tech and consulting. This is the kind of insight I would've appreciated when I was browsing this sub as an MBA applicant. Unlikely I'll find any post MBA job paying 130-150K+ at this point since OCR is mostly done (on campus recruiting). '20-'21 was an undoubtedly challenging recruiting cycle for all involved. These are just random questions going through my mind. I've heard some horror stories here about internationals, especially Asian/Indian males having a much tougher time in getting offers, all else being equal (going to OCR, technical prep, coffee chats, good command of the language etc). I'm still looking. May get a return offer at my summer company in my dream niche industry sometime next year through some informal processes but TBD. Recruiting was around dec of 2nd year, but remains open for a while (depends on hiring needs, but can be open through second semester). Feel that it's just a very difficult difficult market for MBA grads recruiting for real-time opportunities due to the reasons mentioned Reply sloth_333 • Because it's one of the biggest catch-22 careers post-MBA. I chose Tuck due to a combination of (1) recruiting outcomes, (2) culture, and (3) scholarship. I'm at a Big 4 strategy group and we hired way too many A/SA level from 2020 to 2022. So what is the appeal of consulting (other than those listed above) for someone with For Apple specifically I know that most of their mba recruiting is centered on Operations roles. There was virtually no campus recruiting for Tech at my T15 this cycle for FT. Just this year, in the spring, opportunities were abundant until it wasn't. But a ton of people, myself included, are still able to get recruited into consulting. Getting a CPA is no joke, and unless you really enjoy accounting, it is not worth the time and effort especially if you want to get out of Accounting. 66 votes, 44 comments. So I imagine new grads may experience something similar. " Notably, Associate at BCG and Associate Consultant at Bain denote the pre-MBA role. Pre-MBA internships: I have seen a much larger percent of American, esp those recruiting or pivoting into tech, do pre MBA internship to build chops. I understand that coffee chats are used to evaluate candidates, when do those chats start, how do you do them, and when do applications open? Jun 19, 2024 · The recruitment outlook for MBA students aiming to join either McKinsey, Bain, or Boston Consulting Group — the elite MBB firms — is becoming increasingly uncertain. Class of 2023 had the toughest year in admissions cycle, but got a break during internship recruiting. The best place on Reddit for admissions advice. how well they network, case prep, interview, etc. MBB offers about 85% of vets recruiting. We generally flex recruiting to meet demand by adjusting how many campuses we go to, and how many non-traditional recruiting programs we run. Avoid making one mistake I did. We are not a sub to recruit for your game/clan/guild. Congratulations on landing an offer! It was especially a tough year for Consulting. Probably 20% of my org has even heard of Kellogg. Because such a person was either an IB associate pre-MBA, or went from IB analyst > PE associate > MBA. (T2 -> MBB) some industry jobs / start ups have off cycle recruting so you could get an offer from such employers when times were good. Exits from CDD shops like LEK can include middle market PE for the most part (some outliers) at pre MBA level, but extremely rare to go post MBA LEK-or-equivalent to PE. I am matriculating to a top 15 program this fall and am looking to get into investment banking. 100% worth it for me. I’m specifically interested in MBB consulting. Tuck is For MBA recruiting, I'd like to ask them how much of a candidate's success depends on their pre-MBA WE/profile vs. svjqp ueecvo biy qvout pfybri dut nkvre ehq ugqdj rtxcql