Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Op, you have this backwards. It's like you asking, "For a career, my kid wants to be an expert. How do I make this happen?"
I find it odd that so many people on DCUM have absolutely no understanding of the consulting industry. Let's just cut to the chase...when the kid says they are interested in consulting, they mean working for MBB, Booz Allen, Accenture, Deloitte, etc. These firms hire thousands of kids out of undergrad...it is a very well-known first job for many newly-minted college graduates.
I will agree with the PP that the vast majority of kids applying and accepting these jobs, actually don't have much career-direction or interests. They know these jobs pay well and their peers tell them that it is so prestigious to work for MBB...but they can easily do these for two or three years, hate much of their time at the firm...and just find themselves still clueless about their lives in 3 years.
Ironically, the friends I know that enjoyed consulting (BCG and Oliver Wyman), started as consultants...and they are still consultants to this day. Kind of amazing that they are the only two friends I have that remain with their initial employer (both very senior partners) since the day they graduated from college.
Do you have an understanding? I still don't.
Yes...read the post...consulting firms hire thousands of kids direct from undergrad. Spend two seconds looking at top college employers at say Top 50 schools and a bunch of consulting firms will pop up. What else is there to understand? That is what the kid means when they say they want to work in consulting.
Anonymous wrote:Anonymous wrote:Op, you have this backwards. It's like you asking, "For a career, my kid wants to be an expert. How do I make this happen?"
I find it odd that so many people on DCUM have absolutely no understanding of the consulting industry. Let's just cut to the chase...when the kid says they are interested in consulting, they mean working for MBB, Booz Allen, Accenture, Deloitte, etc. These firms hire thousands of kids out of undergrad...it is a very well-known first job for many newly-minted college graduates.
I will agree with the PP that the vast majority of kids applying and accepting these jobs, actually don't have much career-direction or interests. They know these jobs pay well and their peers tell them that it is so prestigious to work for MBB...but they can easily do these for two or three years, hate much of their time at the firm...and just find themselves still clueless about their lives in 3 years.
Ironically, the friends I know that enjoyed consulting (BCG and Oliver Wyman), started as consultants...and they are still consultants to this day. Kind of amazing that they are the only two friends I have that remain with their initial employer (both very senior partners) since the day they graduated from college.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Op, you have this backwards. It's like you asking, "For a career, my kid wants to be an expert. How do I make this happen?"
I find it odd that so many people on DCUM have absolutely no understanding of the consulting industry. Let's just cut to the chase...when the kid says they are interested in consulting, they mean working for MBB, Booz Allen, Accenture, Deloitte, etc. These firms hire thousands of kids out of undergrad...it is a very well-known first job for many newly-minted college graduates.
I will agree with the PP that the vast majority of kids applying and accepting these jobs, actually don't have much career-direction or interests. They know these jobs pay well and their peers tell them that it is so prestigious to work for MBB...but they can easily do these for two or three years, hate much of their time at the firm...and just find themselves still clueless about their lives in 3 years.
Ironically, the friends I know that enjoyed consulting (BCG and Oliver Wyman), started as consultants...and they are still consultants to this day. Kind of amazing that they are the only two friends I have that remain with their initial employer (both very senior partners) since the day they graduated from college.
Do you have an understanding? I still don't.
Anonymous wrote:Anonymous wrote:Op, you have this backwards. It's like you asking, "For a career, my kid wants to be an expert. How do I make this happen?"
I find it odd that so many people on DCUM have absolutely no understanding of the consulting industry. Let's just cut to the chase...when the kid says they are interested in consulting, they mean working for MBB, Booz Allen, Accenture, Deloitte, etc. These firms hire thousands of kids out of undergrad...it is a very well-known first job for many newly-minted college graduates.
I will agree with the PP that the vast majority of kids applying and accepting these jobs, actually don't have much career-direction or interests. They know these jobs pay well and their peers tell them that it is so prestigious to work for MBB...but they can easily do these for two or three years, hate much of their time at the firm...and just find themselves still clueless about their lives in 3 years.
Ironically, the friends I know that enjoyed consulting (BCG and Oliver Wyman), started as consultants...and they are still consultants to this day. Kind of amazing that they are the only two friends I have that remain with their initial employer (both very senior partners) since the day they graduated from college.
Anonymous wrote:Op, you have this backwards. It's like you asking, "For a career, my kid wants to be an expert. How do I make this happen?"
Anonymous wrote:Anonymous wrote:Anonymous wrote:Clients are impressed by prestigious school names. If it’s HYPS, then anything, including Music would be okay. Anywhere else, best do Finance or Econ.
Yes clients are impressed by HYPSM as they should be. HYPSM graduates tend to be (but not always) more impressive than other graduates.
My DC graduated from HYPSM in a major that includes higher level Econ and works in consulting.
Oh please. You’re so ignorant.
Anonymous wrote:Right now, anything dealing with Data analytics
Anonymous wrote:Anonymous wrote:Anonymous wrote:Clients are impressed by prestigious school names. If it’s HYPS, then anything, including Music would be okay. Anywhere else, best do Finance or Econ.
Yes clients are impressed by HYPSM as they should be. HYPSM graduates tend to be (but not always) more impressive than other graduates.
My DC graduated from HYPSM in a major that includes higher level Econ and works in consulting.
Oh please. You’re so ignorant.
Anonymous wrote:Anonymous wrote:Clients are impressed by prestigious school names. If it’s HYPS, then anything, including Music would be okay. Anywhere else, best do Finance or Econ.
Yes clients are impressed by HYPSM as they should be. HYPSM graduates tend to be (but not always) more impressive than other graduates.
My DC graduated from HYPSM in a major that includes higher level Econ and works in consulting.
Anonymous wrote:Applied or computational math, statistics, economics or any major with ability to do some maths, from a top school.
Anonymous wrote:Clients are impressed by prestigious school names. If it’s HYPS, then anything, including Music would be okay. Anywhere else, best do Finance or Econ.
Anonymous wrote:Anonymous wrote:Anonymous wrote:And you really can’t be a an effective consultant until you’ve had experience first, how can a 21-year-old consult a business on their practices when they have no business experience themselves?
This. I work with a company that recently hired consultants to consult on a new project that I am involved in. Both of them are in their mid 20s and per LinkedIn went directly from undergrad to grad school with no real work experience. They have NO idea what they are talking about....and it is clear they are over their heads trying to give a bunch of folks in their 40s, 50s, 60s who have worked here for decades direction.
And it isn't that I don't like consultants - DH is one. But he worked in the industry for decades before transitioning over to consulting.
Curious how this works- do companies seriously pay 20 something year olds with little to no real world experience to come and give advice? I can't imagine the folly.