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Posts tagged ‘Consultant’

Sep 2

17 Comments

Oil & Gas case interview candidates aggressively poached

In just 2 weeks, Firmsconsulting has seen six clients withdraw from the interview process to accept lucrative energy industry offers. Three had written offers in hand from BCG, Bain and McKinsey. The geographical scope of the offers, range of degrees affected and that such poaching has happened since at least June 2011 warranted us discussing this trend in more detail.

For context, since mid-2011, a client has withdrawn from our program every single month to accept an energy industry offer. That our clients span over 60 countries and the trend keeps increasing indicates the energy sector is far from its peak in hiring. All degrees have been positively affected, though MBA’s with heavy construction and/or energy experience and PhD’s with energy backgrounds are the dominant group.

Consulting firms are therefore even more desperate to find oil and gas talent since they are losing so many consultants, candidates in the interview process and interested profiles. Read more

Jan 12

2 Comments

An Experienced IT Professional Comments on Our Post about moving to BBM

I thought of putting together this post to help other relatively experienced and older candidates wishing to make a switch to management consulting.

As a former Technology implementation consultant having spent about 7 years initially in the technology domain my work involved implementing many packaged solutions – commonly termed as COTS – Commercial Off The Shelf software.

Most of these implementations were in fact a result of management consulting work streams although it was not always apparent. Read more

Sep 19

15 Comments

Are McKinsey consultants in smaller offices getting worse training?

Times are indeed tight worldwide. McKinsey, a firm which spends countless hours explaining to bright-eyed aspiring consultants that they will be flown to special universities conducted by McKinsey partners, may be going…local. Read more

Sep 19

21 Comments

Behind the Scenes on a BCG Engagement: Liberal arts major building her first economic model

Maria, not her real name, is a current consultant in a BCG Eastern European office. She has kindly agreed to share her experiences from the perspective of a non-quant. Maria holds a master’s degree in literature from her country’s most prestigious university and worked as an intern at a FMCG company before joining BCG as an analyst. Maria encourages readers to ask questions about BCG and not be afraid to enter consulting with an Arts degree.

Straight off, I want to say that I have never used a spreadsheet throughout my life. Read more

Jul 24

3 Comments

Starting The Consulting Journey

Amy (Not her real name) is a rising senior at an undergraduate university business school who will be spending her first semester at school in Denmark and her second semester back at her home university.  She will be posting about her desire to become a consultant and about the path she is taking to get there from both locations.

For my first post I am going to speak to you all about why I am striving to become a consultant. Read more

Jul 23

4 Comments

Q&A with consultants from McKinsey, Oliver Wyman, Deloitte, and ZS Associates

Max (not his real name) is an aspiring consultant who is looking to secure an analyst role with one of the top firms for the upcoming recruitment cycle in September 2011. His interest in management consulting was sparked by a failed McKinsey interview last year. In this series of blogs, he will be sharing his background, case preparation process, useful resources, and any breakthroughs or setbacks that he experiences.

About two weeks ago, I attended a networking event at my university that included attendees from McKinsey, Oliver Wyman, Deloitte, and ZS Associates. Read more

May 27

11 Comments

Resume and Interview Tips from Oliver Wyman

Max (not his real name) is an aspiring consultant who is looking to secure an analyst role with one of the top firms for the upcoming recruitment cycle in September 2011. His interest in management consulting was sparked by a failed McKinsey interview last year. In this series of blogs, he will be sharing his background, case preparation process, useful resources, and any breakthroughs or setbacks that he experiences.

I would like to take a quick break from my series of posts regarding case preparation, and share some information which I acquired during an Oliver Wyman (OW) information session a few weeks ago. An OW partner, who is an alumnus of my university, came to campus to talk about opportunities at OW, as well as resume/interview tips. Read more

May 21

1 Comment

Friendliest Consultants

We recently polled some of our candidates going through the case-athon training. We wanted them to rank BCG, Bain, McKinsey, AT Kearney, Booz & Deloitte consultants in two ways.

1 – In terms of how many responded to requests for discussions, from our candidates, to learn about the firms.

2 – How friendly and helpful they were. The results follow: Read more

Sep 14

3 Comments

Barf Alert: McKinsey Analyzes to Make you Throw Up

In an earlier post we spoke about the declining quality of McKinsey analyzes. Some of you wrote back to me and said that I must be mistaken. Your choice of words was not as polite.  

For the sceptics, I have attached some images of a recent McKinsey study in the mining and metals sector. These are samples of the complete presentation delivered to the board of directors. I think we all agree this is shocking quality and level of information for a board. This is definitely not the high McKinsey standards we know and have come to respect. [Identifying information has been removed from the attached photos to protect the client] 

Sample 1

 

Sample 2

 

Sample 3

 

Sample 4

 

Sample 5

 

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Sample 8

 

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Aug 23

Introducing the “Guide to…” series

Value chain

Image via Wikipedia

In a few days Lillilooloo.com will launch an exciting new series in our blog. The “Guide to…” blogs are a short but powerful guide to typical problems consultants face. For example, there will be postings on value chain analyses, surveys, presenting to clients, writing presentations, creating visual maps etc. Each posting will have the following format:

  1. Overview
  2. Why you do it
  3. How you do it
  4. Helpful hints, and “do’s” and “don’ts”

They will be technical guide to help you master critical management consulting skills. A DIY guide for management consultants. It will be a simple, punchy and powerful 1-page guide. We hope you like it.

Team Lillilooloo

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