Wealth Management 101: The Hidden World of Private Banking
Tom Spencer
JUNE 30, 2023
The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance.
Banking Consulting Recruiting Training 
Management Consulting versus Investment Banking
Management Consulted
DECEMBER 16, 2008
The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.
Banking 
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2 Years of Networking Results in Consulting Job at PwC
Management Consulted
APRIL 20, 2014
” Here is one we got recently from John: A few months ago, I wrote you for advice in regards to resources I could use to prep for interviews in consulting. He has a really cool history – international i-banking, college football, and more – and THEN he spent 2 years networking his way into a job at PwC.
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Human Resources Management – How to Get Started
Tom Spencer
JULY 29, 2022
If you are early in your career, you may be engaging a lot with recruiters. Especially if you join a class structure, such as an “analyst class”, the recruiting team may also be responsible for onboarding and training. Below I spotlight two types of programs within many leading consulting firms and banks.
Resources 78
78 
Boutique vs Large Consulting Firms
Tom Spencer
JANUARY 18, 2020
Since graduation, I have had the pleasure of working for both a boutique and a large strategy consulting firm and wanted to share my insights on the differences in: Undergraduate recruiting. Undergraduate recruiting. Typically, large consulting firms are diversified across industry groups and functional areas.
Consulting 78
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3 ways financial advisory consulting bests strategy consulting
Management Consulted
JULY 22, 2013
In our last post, we discussed 5 major differences between 2 prominent types of consulting. From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Missed part one?
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How to Handle Rejection from a Consulting Firm
Tom Spencer
OCTOBER 31, 2020
No one enjoys being turned down, especially in the case of a consulting role where a lot of preparation is required. Fortunately, a top management consulting firm is not the end all and be all. Fortunately, a top management consulting firm is not the end all and be all. In order to do this, you can follow what I call the R.I.R
Why Consulting?
CaseInterview.com
MARCH 21, 2019
Sometimes, when struggling through yet another case interview practice , candidates might wonder: "Why consulting again?" Below is a recap of four key reasons management consulting provides a truly differentiated career opportunity. Generally, as the higher the prestige of a given consulting firm, the greater these benefits.
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91 
Top 10 Consulting Firms In New York
Management Consulted
FEBRUARY 5, 2017
This week, we bring you the Top 10 Consulting firms in New York – the power center of the world. If you are a New Yorker, just moved there with hope and zeal to conquer the consulting world, or are just looking for some world-class information on the top consulting firms in New York, here is what we have for you.
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2016 Top 10 U.S. MBA programs for Management Consulting
Management Consulted
APRIL 20, 2016
Going to a top notch business school to get an MBA is high on the list for many aspiring consultants, especially those based in or desiring to work in the U.S. MBA programs should you apply to if you want the best inroads to consulting? MBA programs for Management Consulting – and the results may surprise you.
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Gallup Consulting Interviews and Culture
Management Consulted
MAY 25, 2014
GALLUP CONSULTING INTERVIEWS AND CULTURE. With a name that evokes the Wild Wild West, Gallup Consulting just sounds like a fun place to work. Enjoy reading about the dynamic history and impressive practices of Gallup Consulting. KEY STATS FOR GALLUP CONSULTING. Gallup Consulting Website. GALLUP CONSULTING HISTORY.
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2016 Top 10 Global MBA Programs for Management Consulting
Management Consulted
AUGUST 21, 2016
list here ), covering the best majors and programs specifically as they relate to the consulting field. Today, we highlight the Top 10 Global MBA programs for consulting. With a sterling international reputation and an excellent cadre of educators, INSEAD has long been a pipeline in to the consulting industry.
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Why consulting?
Management Consulted
OCTOBER 3, 2012
Last week we held an MC exclusive subscriber giveaway contest – entrants told us in 200 words or less how they became interested in consulting. The prize for best answer was a FREE Consulting Case Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you.
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The Top 8 Undergrad Consulting Majors
Management Consulted
OCTOBER 30, 2016
As consulting has become more popular (frantically so), we are getting increasing numbers of emails from undergrads – and even high schoolers – begging the question – if you want to break into consulting, what should you major in – and what majors are deal-breakers?
Consulting 100
100 FTI Consulting Interviews and Culture
Management Consulted
FEBRUARY 15, 2015
FTI CONSULTING INTERVIEWS & CULTURE. As consulting firms go, FTI Consulting is a newcomer – but at just over 30 years old, the firm has made impressive strides to become one of the most respected name in legal analysis and data-driven research to support major initiatives for law firms, banks and the majority of the Fortune 500.
Interviews 100
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NERA Economic Consulting Interviews – Moving Up in a Down Economy
Management Consulted
SEPTEMBER 30, 2013
NERA ECONOMIC CONSULTING. Interviewing with NERA Economic Consulting? In fact, if you look at a list of top 20 consulting firms, NERA won’t be on it. That being said, NERA is still a major player in the consulting industry and here’s why: NERA Economic Consulting is the top econom ic consulting firm, period.
A Commercial Pilot’s 2-Year Plan to Break into Consulting
Management Consulted
SEPTEMBER 24, 2014
Beau approached us a few months ago to ask about breaking into consulting. He had the epiphany that consulting was his calling in life, and went searching for details – finding MC in the process. We’ve got your resume to go through, and as I gather you have a whole bunch of questions about consulting. Is that right?
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Oliver Wyman interview preparation: the inside story
Management Consulted
AUGUST 1, 2013
Does Oliver Wyman really offer a “different kind of consulting”? Oliver Wyman’s strategy consulting practice has made waves specifically in the financial services sector , and beyond as well. Since that time, it has become the fastest growing management consulting firm today. KEY STATS FOR OLIVER WYMAN.
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201 
Short blogging break plus preview of what’s coming up at Management Consulted
Management Consulted
DECEMBER 30, 2008
Hi readers: I hate to pause the blog train, but for the next few days I will be traveling and enjoying the last moments of 2008. Here’s what’s coming up: -A series of posts on “breaking into consulting” from non-business/economics backgrounds (eg, engineering, liberal arts, etc).
Case Interview 100
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Launching the Consulting Case Interview Bootcamp – Online
Management Consulted
MAY 5, 2015
In our free time, we dream up new ways to effectively equip prospective consultants so they ace the process and get their dream job. Today, we’re pleased to announce the arrival of our Consulting Case Interview Bootcamp – Online , a revolutionary new tool for people who want to break into consulting. Who is it for?
Case Interview 100
100 Why I Never Wanted to Be a Consultant: Confessions of a Bain Consultant
Management Consulted
FEBRUARY 22, 2015
I had less than $500 in my bank account, and some years ran it down to under $20 by the end of the semester. Ironically, I got 3 top internship interviews out of it, one with Goldman Sachs for investment banking in New York. One guy, when asked why he did banking, said – “The money is really awesome.” business consulting'
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100 Brews, News and Booz & Company: Interview and Culture Insights
Management Consulted
AUGUST 28, 2013
In reality, McKinsey, Bain, and Boston Consulting Group are tied for first, so Booz & Company is a close 2 nd place. With 57 offices worldwide, Booz offers consulting services for top businesses, governments, and organizations. Booz, who could very well possibly be considered the father of management consulting as a career.
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Top 10 Consulting Firms in Boston
Management Consulted
JULY 2, 2017
Are you a consultant living in Boston? We bring to you the Top 10 consulting firms in Boston area and the MC reasons as to why they made it to this list. And then, there’s a sociological anomaly – a sub-group of people called the “Consultants.” Looking to move to Boston? Read away – and enjoy!
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Networking 102: It’s Never Been More Important – And It Truly. Does. Work.
Management Consulted
JUNE 10, 2009
Here at Management Consulted, we’ve been hammering away on networking for the last several weeks because it is critical in times like these. How do you maintain and continue to develop a network with recruiters, Analysts, MDs, etc. ” Click here to learn how to become a rockstar summer consulting intern.
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Welcome to new readers plus a few questions answered
Management Consulted
DECEMBER 27, 2008
Thanks to Marquis first and foremost, who is both a fellow Stanford grad and fellow ex-McKinsey consultant. He regularly blogs about management consulting and MBA issues and has sensible, smart advice for just about everything career-related. Day in the Life of a Management Consultant (client version). Check out his blog here.
Cover Letters 100
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Alvarez & Marsal Interviews and Culture
Management Consulted
DECEMBER 6, 2015
ALVAREZ & MARSAL CONSULTING. Alvarez & Marsal have been making waves in recent years for the high profile, high quality work they did in the midst of the banking crisis. But can you guess which firm was hired as their bankruptcy consultants? Consultant. ALVAREZ & MARSAL ORGANIZATION. Practice Areas.
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BearingPoint Interview Preparation – Mystery or History?
Management Consulted
JANUARY 20, 2014
BearingPoint started at the height of the consulting boom years in the late 1990s, and was a part of KPMG’s worldwide consulting practice. Read on to discover interesting nuances of culture and competence that are unique to the global consulting firm. This consulting business unit focused on both technology and management.
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The Consulting Bible – Dominate Your McKinsey, Bain and BCG Fit and Consulting Case Interviews
Management Consulted
FEBRUARY 5, 2009
Do you stumble when asked why you’d be a great consultant? We’ve helped 1600+ people land interviews and offers in the consulting world (including such esteemed firms as McKinsey, Bain, BCG, Deloitte and Mercer). Let’s be honest - breaking into consulting is hard. ” -Giulia, Chicago Booth alum.
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3 Steps to Cultivate an Innovation Culture
Organizational Talent Consulting
JULY 24, 2023
A financial services company engaged in investment banking and capital markets estimated the customer benefit of the Space X Falcon 9 reusable rocket. Mindfulness: Mindfulness-based stress-reduction meditation training has been shown to have a positive outcome in overcoming the fear of failure. Organizational Talent Consulting.
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Advisory Board Company Interviews and Culture
Management Consulted
MARCH 9, 2014
The Advisory Board Company also offers technology, management, and consulting services. Although we will be reviewing this company as a whole, our focus will especially be on The Advisory Board Company’s consulting services. In 1997, the company launched a consulting business named H*Works. Practice Areas.
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MC Coach Interview: My First Year at McKinsey
Management Consulted
MARCH 29, 2015
Today we get a sneak peek into a former McKinsey consultant’s first year of life at the firm. Because of this, we sat down with consulting veteran Lisa Bright (who is now part of the MC interview coaching team!) We hope you enjoy this great insider post – useful for all aspiring consultants! That was rough.
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100 Hay Group Interviews and Culture
Management Consulted
MAY 10, 2015
HAY GROUP CONSULTING. In this firm profile, we do a deep dive into Philadelphia-based Hay Group, a darling in the boutique organizational consulting realm. Hay and Associates, Management Consultants.” This resulted in Saatchi Consulting, of which Milton Rock was the Management Director. Hay Group Revenue: $700M.
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100 IBM Consulting Interviews: Navigating the IBM GBS Maze
Management Consulted
OCTOBER 18, 2013
As the next installment in our popular Firm Profile series, we take a look at the evolution, reinvention, and current interview tactics of one of the world’s premier consulting firms – IBM. Howe created the IBM Consulting Group in 1992. 1992, IBM unveiled another service called IBM Consulting Group. Enjoy the ride!
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203 Business Spotlight: Stanford GBS grad launches Returnships
Management Consulted
FEBRUARY 24, 2015
When I left the University of Utah, I went to go consult with Medalia, which is one of the fastest growing companies in the Bay area. It’s their largest portfolio investment ever, and one of the things I did for them was to develop their MBA recruiting strategy, and their MBA internship program. What are you up to now?
Case Interview 100
100 
Just How Bad Is Business Travel for Your Health? Here’s the Data.
Harvard Business
MAY 31, 2018
A study of health insurance claims among World Bank staff and consultants found that travelers had significantly higher claims than their non-traveling peers for all conditions considered, including chronic diseases such as asthma and back disorders. The highest increase in health related claims was for the stress-related disorders.
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Pay your team right: A comprehensive guide to compensation
Asamby Consulting
OCTOBER 24, 2022
Next to effective recruiting, getting compensation right is one of the most important tools to position your company well in the market. The general level of pay in investment banking is much higher than for cleaning jobs. This has to do with training, budget, infrastructure, processes and many more dimensions.
ROI 40
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Research: How You Feel About Individualism Is Influenced by Your Social Class
Harvard Business
MAY 22, 2017
” Workplaces tend to recruit and reward employees who take charge, confidently express their ideas and opinions, and promote themselves. For example, on its website, the consulting firm Deloitte says: “We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills.“
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What So Many Strategists Get Wrong About Digital Disruption
Harvard Business
JANUARY 3, 2017
However, some of the most common beliefs about how this will happen, repeated by conference speakers, self-proclaimed gurus, and consultants, have been oversimplified, misunderstood, or misapplied. Consider the management consulting industry. In fact, you cannot successfully do consulting without them.
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Networking, Practice, and Extreme Preparation
CaseInterview.com
NOVEMBER 13, 2019
The following is a letter I received from an F1Y who took a calculated path and persisted, despite many setbacks, to reach the ultimate goal of a full-time consulting position. I first came across your materials [ last year ] as I was about to undergo undergraduate internship recruiting at [ U.S.
Comparing Offers from BCG and McKinsey
CaseInterview.com
NOVEMBER 6, 2019
More prestigious or better in consulting in the U.S.A.? If you want to make more money, go work in investment banking. All training is done cross-border. My analyst training was in Amsterdam with other analysts from Tokyo, Europe, etc. My Associate training was in Switzerland, with many Germans, and French.
McKinsey 40
40 Research: When Boards Broaden Their Definition of Diversity, Women and People of Color Lose Out
Harvard Business
OCTOBER 3, 2018
” Similarly, Korn Ferry, a global management consulting firm, urges firms to reorient their recruiting efforts to emphasize “diverse perspectives, experiences, and contributions.” Director and recruiter interviews confirm evidence procured from company disclosures. Bank of New York Mellon is illustrative.
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KPMG Consulting Interviews and Culture
Management Consulted
NOVEMBER 2, 2015
KPMG CONSULTING. However, not all of its resources are pointed towards consulting, as it offers three lines of services, Audit, Tax and Advisory, with the Advisory arm of its operations (where consulting lives) generating $9.09 KPMG CONSULTING KEY STATS. KPMG CONSULTING WEBSITE: www.kpmg.com. Billion last year.
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Working From Home: Upsides & Downsides
Confessions of a Consultant
MAY 28, 2017
The industrial relations consultant Dr. Liam Doherty (he’s great fun) argues that the only reason for going on radio is to keep someone else off air. The banks and insurance companies later ‘aped’ this structure and essentially became the white-collar factories that they are today. The Topic: Working from home. It’s presenteeism.
Exercises 40
40 PricewaterhouseCoopers, LLP
Management Consulted
APRIL 6, 2014
Now, the firm is at the top of its game – and has big plans in the consulting space. Whether you’re planning to interview at PwC or just want the lay of the land, check out one of the coolest business stories consulting has to offer. In response, the MCS division of PwC re-branded as PwC Consulting.
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