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Anyone here work as a consultant?
Posted on 11/25/13 at 4:35 pm
Posted on 11/25/13 at 4:35 pm
Specifically for one of the big firms? Might be making the jump here soon. I know I'll be on the road all the time, but it seems way more interesting than my desk job. Plus it will be great for my career...being in my early 30's and looking to get to the C-level one day.
Any personal experiences?
Admin, please move to MT
Any personal experiences?
Admin, please move to MT
This post was edited on 11/25/13 at 5:02 pm
Posted on 11/25/13 at 4:37 pm to USLttarP
quote:
Anyone here work as a consultant?
quote:
Specifically for one of the big firms?
great details...consulting work should be great for you
Posted on 11/25/13 at 4:44 pm to USLttarP
I work as Consultant. (Critical Facilites/Infrastructure)
Work from home, company car and access to King Air for travel. Dream career.
Work from home, company car and access to King Air for travel. Dream career.
Posted on 11/25/13 at 4:48 pm to USLttarP
Was in management consulting for five years prior to the Job I am at now. It was a very fun part of my career where I got to travel but you will find it is very cutthroat I'm on all of your peers in terms of who all is destined for upper management.
The firm was starting up an office in Phoenix and I was more or less told that I was hand-picked to go open on office however if I did not choose that option that I would not have a job in Houston anymore. So it was either take this big promotion we are offering and if you don't Well then screw you
The firm was starting up an office in Phoenix and I was more or less told that I was hand-picked to go open on office however if I did not choose that option that I would not have a job in Houston anymore. So it was either take this big promotion we are offering and if you don't Well then screw you
This post was edited on 11/25/13 at 4:50 pm
Posted on 11/25/13 at 4:53 pm to USLttarP
I'd take this to the money talk board, if any TD board. You won't find the audience here that you need.
I'll throw in my limited exposure to the management consulting. I work on the Advisory side of a Big 4 accounting firm but don't work on a lot of management consulting projects. I am pretty well connected with that side of the firm and have considered crossing over, but I think there are clearly better places to do MC, especially if you want to be doing enterprise level strategy work.
Getting into strategy consulting at a prestigious firm is incredibly difficult, so trying to get on the consulting side of an accounting firm and doing operational consulting would be more reasonable and still involve the lifestyle of a consultant. They travel a ton and most I know enjoy it. Managers and above need to sell work to really succeed so keep that in mind. Also, at the staff and senior level, you have to deal with the politics of aligning yourself with the best leadership and desirable projects. Based on your age, you'd probably enter as a Senior Associate, not a Manager. Also, hours can be bad but you are given a lot of flexibility and independence. I find a lot of consultants are jack of all trade types, which can be interesting and challenging, but sometimes I think it's detrimental to the quality of work delivered. I'd suggest relying on your industry experience to pigeon hole yourself as an expert in your field rather than being used as a jack of all trades.
That was a bit of rambling, but I hope that provides at least a little insight.
I'll throw in my limited exposure to the management consulting. I work on the Advisory side of a Big 4 accounting firm but don't work on a lot of management consulting projects. I am pretty well connected with that side of the firm and have considered crossing over, but I think there are clearly better places to do MC, especially if you want to be doing enterprise level strategy work.
Getting into strategy consulting at a prestigious firm is incredibly difficult, so trying to get on the consulting side of an accounting firm and doing operational consulting would be more reasonable and still involve the lifestyle of a consultant. They travel a ton and most I know enjoy it. Managers and above need to sell work to really succeed so keep that in mind. Also, at the staff and senior level, you have to deal with the politics of aligning yourself with the best leadership and desirable projects. Based on your age, you'd probably enter as a Senior Associate, not a Manager. Also, hours can be bad but you are given a lot of flexibility and independence. I find a lot of consultants are jack of all trade types, which can be interesting and challenging, but sometimes I think it's detrimental to the quality of work delivered. I'd suggest relying on your industry experience to pigeon hole yourself as an expert in your field rather than being used as a jack of all trades.
That was a bit of rambling, but I hope that provides at least a little insight.
Posted on 11/25/13 at 4:54 pm to USLttarP
quote:
Any personal experiences?
I consulted with Siri today re how to get my scrotum out of a zip-tie.
Posted on 11/25/13 at 7:21 pm to USLttarP
Federal consulting is where it's at. The DC area is a great place to live, this place is awash in money, and they don't work you nearly as hard. You don't travel much at all either.
Posted on 11/25/13 at 8:02 pm to USLttarP
I'm in consulting as well. Questions?
Posted on 11/25/13 at 9:38 pm to USLttarP
Im in the management consulting industry.
The company I work for is not a 'big 4', but we do a lot of implementation work for PE firms. We also have had a few projects working to implement some McKinsey strategic plan that clients have no idea Wtf to do with.
It's an extremely fast paced world that takes a toll on your personal life. But, if you can afford to travel every week of your life for a few years, there is no better experience.
I'm 29 and get to sit at the table with execs of a variety of different sizes from publicly traded to start up across all kinds of industries.
Its really challenging work, and great experience.
Let the MB answer any questions you may have.
The company I work for is not a 'big 4', but we do a lot of implementation work for PE firms. We also have had a few projects working to implement some McKinsey strategic plan that clients have no idea Wtf to do with.
It's an extremely fast paced world that takes a toll on your personal life. But, if you can afford to travel every week of your life for a few years, there is no better experience.
I'm 29 and get to sit at the table with execs of a variety of different sizes from publicly traded to start up across all kinds of industries.
Its really challenging work, and great experience.
Let the MB answer any questions you may have.
Posted on 11/26/13 at 9:36 pm to USLttarP
I work as a consultant on the trading technology side of the hedge fund industry. It's demanding and our clients don't have much clarity into how things work or realistic timelines, which makes it frustrating for them as well. On the plus side, I do get a lot of access to the industry I eventually want to work in and have worked on some really interesting projects. Also, I rarely travel as most of my clients are in same city as my office. I imagine most implementation work is somewhat similar.
This post was edited on 11/26/13 at 9:42 pm
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