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 Finance Recruitment Strategy 
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.
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3 ways financial advisory consulting bests strategy consulting
Management Consulted
JULY 22, 2013
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. Find it here: 5 reasons to choose strategy operations over financial advisory consulting. Missed part one?
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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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204 6 Ways You Can Prepare for Consulting Right Now
Management Consulted
JANUARY 29, 2017
Have you missed the undergraduate recruitment window? Here are 6 ways to prepare for consulting as you wait for the next chance to drop that resume: 1) Go work for a brand name company, but do something that is sales, operations, or strategy related. Didn’t make the break you expected this year for careers?
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The 5 Key Corporate Sustainability Trends in 2023
Comatch
JUNE 21, 2022
With so much to worry about, some executives have been slow to place sustainability at the forefront of their strategy. A Global Shift Toward Sustainable Finance. Companies will be incentivized to shape revenue strategy around sustainability best practices. Purpose-driven Recruiting. A New Era of Sustainability Reporting.
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The 5 Key Corporate Sustainability Trends in 2022
Comatch
JUNE 21, 2022
With so much to worry about, some executives have been slow to place sustainability at the forefront of their strategy. A Global Shift Toward Sustainable Finance. Companies will be incentivized to shape revenue strategy around sustainability best practices. Purpose-driven Recruiting. A New Era of Sustainability Reporting.
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Oliver Wyman interview preparation: the inside story
Management Consulted
AUGUST 1, 2013
Oliver Wyman’s strategy consulting practice has made waves specifically in the financial services sector , and beyond as well. Now a subsidiary of Marsh & McLennan, Oliver Wyman is known to give MMC its strong reputation as experts over other insurance providers because of the firm’s focus on strategy. Public Policy.
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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. Oliver Wyman , OC&C , Roland Berger, or AT Kearney.
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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
According to 80,000 HOURS , there are more highly qualified people than there are jobs at top strategy consulting firms, and it is implausible to be more than 50% confident that you can get an offer regardless of how qualified you are. University graduates interested in private equity from the get go usually start off in investment banking.
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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NERA Economic Consulting Interviews – Moving Up in a Down Economy
Management Consulted
SEPTEMBER 30, 2013
While MBB’s main focus is strategy, economic consulting firms like NERA focus is on economics first and strategy second. . Finance: Bankruptcy, Consumer Protection in Financial Services, Financial Institutions and Banking, Financial Risk Management. . Regulatory: Auctions, Regulatory Economics. .
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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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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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. New ideas and strategies while working on the projects, finding different ways of doing things more effectively; I started feeling enthralled.
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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. Not 50 questions about their job, not 100 questions about the strategy consulting industry. “How about for people who do not know consultants or even finance people? ” Recession Recruiting. Click here for more on recession recruiting.
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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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Networking, Practice, and Extreme Preparation
CaseInterview.com
NOVEMBER 13, 2019
I first came across your materials [ last year ] as I was about to undergo undergraduate internship recruiting at [ U.S. I had gotten similar advice from others, specifically as it related to entering a career in the prestige-obsessed industry of finance and investment banking. University ].
Oliver Wyman Careers
CaseInterview.com
JULY 18, 2019
The General Management Consulting practice most resembles that of a traditional strategy consulting experience. Unlike the major strategy consulting firms, however, Oliver Wyman consultants tend to specialize into a given practice area earlier in their career. Corporate finance advisory. Leadership Development. Public policy.
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49 KPMG Consulting Interviews and Culture
Management Consulted
NOVEMBER 2, 2015
Interestingly, KPMG is the only one of the Big 4 that has not yet acquired a boutique strategy firm. Eight years later Marwick, Mitchell & Company launched a banking practice, for the first time focusing its efforts on one industry in an effort that proved to be very successful. Capabilities: Finance. Practice Areas.
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100 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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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?
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100 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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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 partners with the major technological suppliers, like Hewlett Packard, IBM, Microsoft, Oracle and SAP, to develop solutions and strategies suiting their clients’ requirements. Strategy & Business Executive. Strategy & Business Executive. BEARINGPOINT INTERVIEWS AND RECRUITING. Practice Areas.
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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. EY’s #3 Boston ranking – behind the prestigious BB firms – owes its honor mostly to Parthenon’s reputation for impressive strategy.
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72 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. Kearney’s innovation practice: collaborative innovation, innovation portfolio management, innovation strategy and R&D performance strategy. Firm hires 2,000th employee. Innovation. Marketing & Sales.
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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.
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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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28 PricewaterhouseCoopers, LLP
Management Consulted
APRIL 6, 2014
PwC moved on to acquire Ant’s Eye View, in August 2012, a social media strategy development and consulting firm. In contrast to many unregulated consulting firms (strategy firms top this list), members of the PwC network are not allowed to operate as a global partnership , which includes being identified as a single multinational corporation.
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!
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You Can Be a Great Leader and Also Have a Life
Harvard Business
DECEMBER 18, 2018
In regular phone calls and meetings for nearly two decades, as well as a biennial Pioneering Leaders summit, the group has been helping each other figure out how to work more effectively so they could have time for their lives, sharing successful strategies and learning from failures. “We kept trying. .”
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52 IBM Consulting Interviews: Navigating the IBM GBS Maze
Management Consulted
OCTOBER 18, 2013
In 1991, IBM approved a new world-wide services strategy to make IBM a world class services company by 1994. The firm has also grown so much, so fast that its culture has lost focus and the pursuit of so many strategies at once have left many clients unsure of what exactly IBM GBS offers at the end of the day. Finance Risk.
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The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five
Harvard Business
JULY 17, 2017
Businesses need to organize around long-term strategies for growth and partnership in a sustainable way. 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 consequences for not doing so can be dire. Insight Center.
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8 Ways Machine Learning Is Improving Companies’ Work Processes
Harvard Business
MAY 31, 2017
Combined with profitability data, this allows organizations to optimize “next best action” strategies and personalize the end-to-end customer experience. Automating finance. This lets organizations reduce the amount of work outsourced to service centers and frees up finance staff to focus on strategic tasks.
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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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Mish's Global Economic Trend Analysis: Problems in Italy Go On.
MishTalk
JULY 12, 2013
Get Involved The State of the Unions Finances: A Citizens Guide. Needing revenue to meet its budget deficit targets, Italys Finance Undersecretary Says Budget Crunch May Require More From Rich. Youth unemployment is 40 per cent; it’s 50 per cent in southern Italy, to the delight of crime syndicate recruiters.
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74 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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Entrepreneurship Needs to Be a Bigger Part of U.S. Foreign Aid
Harvard Business
AUGUST 15, 2016
” And the Legatum Institute, when aggregating data from the World Bank, the United Nations, and elsewhere to formulate its Prosperity Index , has found that of its many indicators, “entrepreneurship & opportunity” correlates most strongly with a country’s overall prosperity.
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The Consulting Bible – Dominate Your McKinsey, Bain and BCG Fit and Consulting Case Interviews
Management Consulted
FEBRUARY 5, 2009
I knew your course focused on strategy consulting – but after reading everything you covered, I figured much of the stuff would overlap with technology and operations consulting too. What you should never say when asked questions about your recruiting status (pg. Am I glad I bought it!! No hassle with shipping.
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