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Wealth Management 101: The Hidden World of Private Banking

Tom Spencer

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance.

Banking 78
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Fireside Chat – Consulting Recruiting at Target and Non-Target Universities

Tom Spencer

A few weeks ago, I had the opportunity to sit down with another blog contributor to the SpencerTom community, Jason Oh, to share our experiences about the consulting recruiting process. How is recruiting done at your school? Jeff : There are many advantages of campus recruiting at a target school.

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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. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.

Banking 272
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“Blue Collar” Sales and Selling

CaseInterview.com

Most people who get an Ivy League MBA do so to get a coveted job at a consulting firm, investment bank, or in industry. I find the prejudice against working in sales incredibly ironic. The CEO is selling new recruits on why they should join the company. It’s sales too. being a salesperson. They are salespeople too!

Sales 76
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Selling Your Competitive Advantages in Consulting

Tom Spencer

Looking back to consulting recruiting in graduate school, I always think about how interesting it was that so much of the conversation among candidates was about getting an offer from a top consulting firm. During the recruiting process, firms screen candidates for potential to succeed given the firm’s business portfolio and culture.

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

Management Consulted

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. In this post, I’ll highlight the key steps to take when this happens.

Resumes 147
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6 Ways You Can Prepare for Consulting Right Now

Management Consulted

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?