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.
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. Cashflow or not, the extra money is substantial and a defining driver of why many people do investment banking. 2 LIFESTYLE.
Banking 
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2 Years of Networking Results in Consulting Job at PwC
Management Consulted
APRIL 20, 2014
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. I then took another internship in finance with Merrill Lynch. I also explored other areas of finance and ultimately decided that I wanted to give investment banking a shot.
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Alternatives to a Traditional Summer Internship
Tom Spencer
MAY 6, 2022
By articulating the problems you solved in your resume and during future interviews, recruiters will be better able to understand your professional skillset. Student Organizations focused on Consulting, Finance, or Technology. These experiential learning opportunities are great ways to unlock new career pathways and opportunities.
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88 6 Ways You Can Prepare for Consulting Right Now
Management Consulted
JANUARY 29, 2017
Have you missed the undergraduate recruitment window? 4) Get a job in finance, but not personal finance (financial advisory consulting or in an internal finance department of a company). Didn’t make the break you expected this year for careers? But this is no time to go sulk in the corner or rest on your laurels!
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The 5 Key Corporate Sustainability Trends in 2023
Comatch
JUNE 21, 2022
A Global Shift Toward Sustainable Finance. This is particularly true in the banking industry, and financial institutions will be increasingly likely to provide financing options to organizations whose sustainability focus aligns with their own. Purpose-driven Recruiting.
Trends 52
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The 5 Key Corporate Sustainability Trends in 2022
Comatch
JUNE 21, 2022
A Global Shift Toward Sustainable Finance. This is particularly true in the banking industry, and financial institutions will be increasingly likely to provide financing options to organizations whose sustainability focus aligns with their own. Purpose-driven Recruiting.
Trends 52
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Dinged From MBB Consulting Firms – Now What?
Management Consulted
NOVEMBER 22, 2015
If you are an undergrad who has been turned down for a summer internship at MBB, going in to finance is your next best bet. In addition, having a finance internship under your belt shows that you’ve got the necessary quant skills to succeed in consulting. For the Pre-MBA level, finance should be your last option.
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Oliver Wyman interview preparation: the inside story
Management Consulted
AUGUST 1, 2013
And, of course, their claim to fame, Financial Services , is broken down into even more practices including: Finance and Risk. Corporate and Institutional Banking. Retail and Business Banking. Corporate and Finance and Advisory. For Consulting roles, Oliver Wyman recruits in 60 top schools all over the world.
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3 ways financial advisory consulting bests strategy consulting
Management Consulted
JULY 22, 2013
Financial advisory firms recruit from a broader set of schools. They are masterful recruiters with big budgets to entertain prospects, so if you’re interested in the field, check them out – just go in with your eyes wide open. We understand; for some of you, you just love working in finance. management consulting'
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Networking 102: It’s Never Been More Important – And It Truly. Does. Work.
Management Consulted
JUNE 10, 2009
“How do you maintain and continue to develop a network with recruiters, Analysts, MDs, etc. If you work overseas, how do you get to America in both office, transfer, and general recruiting networking?” Finance-Specific Networking. What do you think about non-finance work graduate school, then transitioning through an MBA?
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How to Handle Rejection from a Consulting Firm
Tom Spencer
OCTOBER 31, 2020
Self-analysis alone won’t give you a holistic picture of why you did not get an offer, so start by getting feedback from the recruiter and the interviewers. Landing an interview is no walk in the park, so connecting with recruiters during networking events can be very fruitful. Refine Your Search.
2016 Top 10 U.S. MBA programs for Management Consulting
Management Consulted
APRIL 20, 2016
The Class of 2015 had a full 35% of its graduates accept offers in the consulting field, and Kellogg has become a hot recruiting spot across top firms – but especially for McKinsey. Kellogg has also recently placed a focus on recruiting more women in to its program, and women made up 35% of the Class of 2015.
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You’ve been rejected from all consulting jobs. What’s next?
Management Consulted
FEBRUARY 4, 2009
The advice applies equally to industries like investment banking. Practice will only help for future interviews or next year’s recruiting cycle. There simply isn’t a consulting firms database comparable to what exists in investment banking. Explore alternatives such as grad school, finance, and entrepreneurship.
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How to get a head start as a first-year student
Tom Spencer
FEBRUARY 11, 2017
Investment Banking Spring Weeks. Even if you don’t want to go into investment banking, doing a spring week will help you gain some relevant experience and might give you an edge over your competitors when it comes to consulting internships or jobs. Applications usually open in August or September and close in December or January.
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The Smartest Person in the Room
CaseInterview.com
MARCH 20, 2021
This is a sure sign that they have not done a good job recruiting an executive team. You want your CFO to be infinitely more experienced in finance than you. A couple of weeks ago, Jane became the first woman CEO of Citibank and the first woman CEO of a major Wall Street investment bank.).
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Job Hub: Starbucks Jobs and Culture
Management Consulted
APRIL 26, 2015
You can generally bank on at least 3 interviews which typically consist of connecting with the recruiter for a phone screen, followed by a phone interview, then an in person interview with either a panel or the hiring manager. . Starbucks recruiters are known to be nice and honest, so make sure you reflect the same qualities. .
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The Top 8 Undergrad Consulting Majors
Management Consulted
OCTOBER 30, 2016
Finance – A Finance degree not only shows that you’re proficient in math, but also implies you’re inquisitive and like to get to the root of problems. To be specific, a degree in finance shows that you not only know the numbers, but can communicate them in a way that is easy to understand.
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NERA Economic Consulting Interviews – Moving Up in a Down Economy
Management Consulted
SEPTEMBER 30, 2013
The firm advises government divisions, law firms, and major global corporations on governmental regulation (like anti-trust rulings), public policy implications, public, competitive forces, and private financing. Finance: Bankruptcy, Consumer Protection in Financial Services, Financial Institutions and Banking, Financial Risk Management. .
Networking 101: We Spill The Beans On How To Network Your Way Into Any Job. It’s Finally Live!
Management Consulted
MAY 21, 2009
Always speak to bankers/consultants , not recruiters, to get things done. “How about for people who do not know consultants or even finance people? ” Recession Recruiting. Click here for more on recession recruiting. As an exit option, you can always ask to followup at a later time or via email.
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158 How to Succeed in the New Age of Interviews
Tom Spencer
SEPTEMBER 30, 2017
The process of securing an internship at an investment bank is both a daunting and strenuous endeavour. A desired response from a recruitment manager would be “most cover letters I’m falling asleep. Stage two of the process may find you in front of your webcam, coming face to face with the recent recruiting tool developed be Hirevue.
Why consulting?
Management Consulted
OCTOBER 3, 2012
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. When I started out in the program, I quickly realized I was never cut out for finance or accounting. This left me with few options.
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Job Hub: Chick-Fil-A Jobs and Culture
Management Consulted
FEBRUARY 28, 2016
” Once you get called for an interview, you can bank on at least 7-15 interviews that typically consist of connecting with the recruiter, hiring manager, and associates that you will be working with over a phone screen, a Skype interview, and multiple on-site interviews. Are you an employer, recruiter, or hiring manager?
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Top 10 Consulting Firms In New York
Management Consulted
FEBRUARY 5, 2017
As usual getting into McKinsey is tough, but it’s even tougher in NYC – with many target recruiting schools nearby and hundreds of aspirants swarming to locate in NY, it’s a highly competitive office. Bank of New York, AIG, Depository Trust, Standard & Poor’s, etc.). The Boston Consulting Group.
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157 London School of Economics Postgrad Talks About Life At Deloitte
Management Consulted
SEPTEMBER 20, 2015
And so in PPE, were you interested in business in general, before everything happened with Lehman Brothers did you think you are probably going to stick with the investment banking industry? Peter: When I was at Warwick, it was a massive feeder school into investment banking, and finance, but slightly less into consulting.
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100 Oliver Wyman Careers
CaseInterview.com
JULY 18, 2019
Consultants here tend to serve insurance, investment banking, retail banking, government agencies, payment processors, and private equity fund clients. Corporate finance advisory. Oliver Wyman recruits globally primarily from 100 of the most selective schools across five continents. Public policy. Strategic IT.
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FTI Consulting Interviews and Culture
Management Consulted
FEBRUARY 15, 2015
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. Corporate Finance/Restructuring.
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100 Job Hub: Virgin Group Jobs and Culture
Management Consulted
JULY 15, 2015
Once you get called in for an interview, bank on at least 3-4 interviews which typically consist of connecting with the recruiter for a phone screen, followed by a phone interview, and then two 1:1 in person interviews with either a panel or the hiring manager. Are you an employer,recruiter, or hiring manager? Let us help you.
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Job Hub:T-Mobile Jobs and Culture
Management Consulted
MAY 21, 2015
Once you get called for an interview, you can bank on at least 3-5 interviews which typically consist of connecting with the recruiter for a phone screen, followed by a phone interview with the hiring manager, and then being brought in for a couple on site interviews. Are you an employer,recruiter, or hiring manager?
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BearingPoint Interview Preparation – Mystery or History?
Management Consulted
JANUARY 20, 2014
BEARINGPOINT INTERVIEWS AND RECRUITING. BearingPoint recruits students from the top business management schools around the world, but has had an inconsistent presence at many due to its own internal drama. If BearingPoint comes to your school to recruit, let us know! Enterprise Applications. Human Resources. Industries.
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139 Job Hub: Tesla Motors Jobs and Culture
Management Consulted
AUGUST 23, 2015
Once you get passed to Round 0, you can bank on at least 3-5 interviews (although they have been known to give more) which typically consist of connecting with the recruiter for a phone screen and a phone interview with the hiring managers. Are you an employer,recruiter, or hiring manager? Let us help you.
Culture 100
100 The Risks and Benefits of Using AI to Detect Crime
Harvard Business
AUGUST 9, 2018
Many banks and large corporations employ artificial intelligence to detect and prevent fraud and money laundering. For instance, banks have been using transaction monitoring systems for decades based on pre-defined binary rules that require the output to be manually checked. Patrick George/Getty Images.
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MC Coach Interview: My First Year at McKinsey
Management Consulted
MARCH 29, 2015
I majored in accounting, finance and supply chain management at a college in the state (Miami of Ohio). I was going down the route of finance, asset management, investment banking, or something like that. And how was the actual recruitment process for you? Well, I grew up in a fairly small town in Ohio. That was rough.
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Gig economy 2020: The new revolution
QEmploy
SEPTEMBER 17, 2019
Traditional payment systems: Low cost, but slow: bank wire transfers. It also revealed that 1 in 3 freelancers would prefer to receive their payments in digital currencies than through the banking system. AI-driven recruiting has proved that it can be less discriminatory when it comes to race, age or gender.
The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five
Harvard Business
JULY 17, 2017
Banks are feeling the crunch; according to McKinsey , legacy financial institutions will see profits decline 20%–60% by 2025 if they fail to evolve digitally. The current innovation model in the finance sector is designed to generate the highest possible short-term returns. Insight Center. Crossing the Digital Divide.
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Top 10 Consulting Firms in Boston
Management Consulted
JULY 2, 2017
The industry focus in Boston is on Financial Services, Wealth & Asset Management, Banking & Capital Markets, Insurance, Technology, Life Sciences & Health, and Private Equity. is quite inconsistent – it’s a huge name at Dartmouth (recruiting for Boston and New York) but is almost unknown at Stanford.
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8 Ways Machine Learning Is Improving Companies’ Work Processes
Harvard Business
MAY 31, 2017
Corporate job openings pull in about 250 résumés apiece, and over half of surveyed recruiters say shortlisting qualified candidates is the most difficult part of their job. Automating finance. For example, banks can use historical transaction data to build algorithms that recognize fraudulent behavior.
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46 A.T. Kearney Interview & Culture
Management Consulted
JANUARY 18, 2015
1997 – First Global Prize, an annual business school case study competition for potential recruits, awarded. Working anywhere from the strategy related to the business unit to corporate finance and strategy to strategic foresight, A.T. KEARNEY INTERVIEWS AND RECRUITING. Kearney recruits outside the U.S. Sustainability.
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You Can Be a Great Leader and Also Have a Life
Harvard Business
DECEMBER 18, 2018
.” As a result, Axelrod has worked to create a culture where everyone can have time for work and life, promoting flexible and remote work and opening an office closer to where people live to cut down on commutes – efforts which have reduced turnover and recruiting and training costs, and increased employee morale and productivity.
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Two Powerful Ways Managers Can Curb Implicit Biases
Harvard Business
OCTOBER 1, 2018
” In finance, for example, that might mean believing — based on no evidence — that only MBA graduates from an elite university are likely to succeed at their jobs. The company’s CFO asked a crowd of the company’s most accomplished finance leaders to raise their hand if they had attended an Ivy League school.
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Public Pension Funds Perform Better When They Keep Politics at Bay
Harvard Business
JULY 19, 2016
Interference by elected officials — from imposition of local economic development obligations to excessive constraints on head count and compensation that impede recruitment of talented staff — has contributed to poor investment choices, higher total costs, diminished organizations, and disappointing performance at some institutions.
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Pay your team right: A comprehensive guide to compensation
Asamby Consulting
OCTOBER 24, 2022
This blog post gives you the comprehensive answer: Why compensation is important How to structure your fixed salary components What options for variable pay are there How to pick the right perks and benefits What allowances are and what to pay them for What long-term incentives are out there How strategy and finance influence compensation Let's go!
ROI 40
40 Harvard junior weighs internships in VC and Consulting
Management Consulted
MARCH 7, 2016
So I guess for me, coming into recruiting, I always thought that consulting might be my top choice, but in reality when I got started, I didn’t know what consulting was and didn’t know what finance was. Finances won’t be what it comes down to, at least I don’t think it will. Okay, great.
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How to Balance Work and Life in Management Consulting
CaseInterview.com
APRIL 30, 2019
This was not a deliberate choice, but I had the interest in the sector, I wasgood in certain aspects related to the finance industry, I liked my colleagues in that sector, and they and my clients liked me a lot. At McKinsey, my colleagues who had investment banks as clients by far worked the hardest. You are working hard too.
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