Showing posts with label consulting. Show all posts
Showing posts with label consulting. Show all posts

Friday, 20 January 2017

It's Recruitment Season!

Happy new year folks! I can't believe it's already 2017. So since my last post last month, I had the joy of finishing exams, spending an awesome week on the ski trek (great skiing in Val Thorens and partying!) and travelling to Iceland and Ireland over December. Oh and catching up on sleep - precious sleep that is now back to being a distant memory.

Like most other MBAs planning on trying consulting for the summer, I meant to do some work on cover letters over the holidays....but didn't. So my 2017 started with churning out cover letters. McKinsey, AT Kearney and Strategy& have their applications due the first week of January. Bain and BCG and others follow only a couple of days later. During this time, as expected, Careers Centre was especially crowded. You had to come an hour before a drop-in session at least, if you wanted any chance of seeing a consulting or finance sector coach. Actually, this is probably still the case since we're still in the thick of structured recruitment season.

The last couple of weeks have been filled with writing and re-writing cover letters and CVs, formal recruitment and networking events, invitation-only recuitment events (breakfast for BCG, dinner for Bain) and applications. Through it all, for those of us recruiting for consulting, case practice after case practice and fit interview practice.

Great sources of people to practice cases with:

  • Consulting peer leaders (PLPs) through careers centre - these are MBAs who are sponsored consultants and those who interned in consulting last summer
  • LBS Rugby Club - if you still need a reason to join, this would be a big one! The Rugby Club assigned mentors to members according to what you were recruiting for and provides sessions where you can do interview practice for your particular recruitment sector with second years
  • LBS Women in Business Club (men totally welcome!) - similarly, WIB assigns second year mentors for what you're recruiting in to help you through the entire process
  • Consultant classmates
  • Friends who are recruiting for consulting as well

MBB also offers one-on-one coaching sessions if you get shortlisted for Round 1 interviews. I have never in my life prepared so much for interviews before!

This week is Round 1 interview week, which kicked off as early as Monday depending on which office people were recruiting for. Everyone seems to be in a suit practically daily! Thankfully classes this term have so far been very cruisey so 100% focus is on recruiting. Corporates with structured programs have applications due next week so the cycle continues (until offers are in the bag)!

Monday, 28 November 2016

Consulting Recruitment Opportunities at LBS

So Round 1 results are out for the LBS Class of 2019 so congrats to all the new LBS MBA Admits - you made it!!! If you decide to go ahead with an MBA at LBS, it will be the start of one of the most challenging, intense, fun and exhilarating periods of your life.

That said since I've had a few PMs regarding school choice from admits, I thought I should perhaps do a quick post primarily for those who are looking at doing consulting post-MBA and aren't sure if LBS is a good choice - which is where I was last year, having to decide between LBS and INSEAD (see previous post about this here).

I'd like to say that thanks to the great folks on the GMAT Club forums, I made the right decision in deciding on where to go by looking at location first. I want to work in London post MBA, not Singapore or France, and if so, picking London was definitely the right thing to do.

The London offices of big consulting firms do a lot of activity on campus at LBS - and I seriously mean a lot. It's not just the "official" events through Careers Services, but they do many "unofficial" events through the clubs at LBS e.g. Women in Business Club, Healthcare Club, Military in Business Club, Rugby Clubs. For instance just next week alone I have 5 McKinsey events on campus - comprising of 3 coffee chats, and 2 interview training sessions. Plus a Bain coffee chat and a Strategy& offsite event.

Before the start of the MBA and early in August I had already been to events at both Bain and BCG's offices (BCG is walking distance to LBS btw!). Since then there have been numerous meetings with BCG, Bain, AT Kearney, Strategy& and Roland Berger, just to name a few. When BCG told us "you'll see us so often you'll get sick of us" at the very beginning - they meant it. What does this mean? It means that you'll get to know the London office of the consulting firms very well - excellent if you wish to work in the London office post-MBA, not so good if you wish to work at other offices.

That's not to say that you can't get a spot in the London office if you were to attend another school, but I'd say it definitely looks like you're in a more advantageous position being at LBS. And in fact, the largest proportion of summer interns and full-time hires at the London office are from LBS. Contrast this to the consulting firms in Singapore where the larger proportion are INSEAD alums.

Additionally, since LBS has a 15-21 month program, it means an opportunity for an internship. Since entering the MBA and having talked to a lot of people, attended a lot of different events etc, I am no longer 100% certain I want to do consulting post-MBA. In fact, you'll find that those who know that they definitely want to do a certain job post-MBA are very rare - everyone will change their minds 100+ times over first term. Hence the opportunity to do an internship in consulting and test out your future job is a pretty handy thing to be able to do - which of course you can't get with a 1 year program.

Lastly, there's also the visa issue to consider. While firms are fine with sponsoring full-time visas, getting a visa to work in a country where you don't already have one just for an internship is challenging. It's why unless you already have the rights to work in the US, if you want to intern in the US or work in the US post-MBA, don't do your MBA at LBS. Most firms will not sponsor you for internships - go do your MBA in the US instead.

To sum up my advice to MBA Admits: if you want to work in London, definitely pick LBS for the highest exposure to London offices.

On a completely separate note, I'm absolutely buzzing from the LBS annual hackathon - HackLBS. It was an amazing experience, especially if you've never participated in a hackathon before. I actually pitched an idea, managed to get through the first round, formed a team (got lucky with amazing team members), created a working prototype app and pitched again in the final. I've learnt so many things on leadership, time management, teamwork and presentation this weekend and had a blast doing so. Perhaps if I do find some time, I might do a separate blog post.