article thumbnail

Management Consulting versus Investment Banking

Management Consulted

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 272
article thumbnail

Alternatives to a Traditional Summer Internship

Tom Spencer

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.

Finance 88
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Ways You Can Prepare for Consulting Right Now

Management Consulted

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. 4) Get a job in finance, but not personal finance (financial advisory consulting or in an internal finance department of a company).

article thumbnail

3 ways financial advisory consulting bests strategy consulting

Management Consulted

In compliance work, or on finance-focused projects, the broad-sweeping projections of strategy consulting don’t cut it. As mentioned in our previous post, financial consulting is a much better choice than a narrowly-defined role in internal finance (especially at a no-name corporation). Just a bit of networking will do you right!

Financial 194
article thumbnail

Dinged From MBB Consulting Firms – Now What?

Management Consulted

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.

article thumbnail

You’ve been rejected from all consulting jobs. What’s next?

Management Consulted

What’s next – when your resume doesn’t receive an interview; your first round doesn’t lead to a call-back; your final round receives a polite rejection? The advice applies equally to industries like investment banking. If you don’t make it past the resume stage, don’t ask.

Resumes 147
article thumbnail

Networking 102: It’s Never Been More Important – And It Truly. Does. Work.

Management Consulted

What’s the best technique to make contacts with these people in different divisions and how do you go about networking from one group within a bank to a different group?”. ” “For organized networking events, is it appropriate to carry a resume on you? Finance-Specific Networking. What about PhD to MBA to finance?”.

Finance 171