Merry Christmas, everyone. I hope everyone spent today enjoying the holiday with your loved ones. I wasn’t planning on posting an entry today, but got an email from a couple of people saying that this blog had been mentioned in a thread on the BusinessWeek Forums. The thread was discussing which b-schools are best for people trying to get into Consulting and, given my background, I had a little insight on the issue. As usual, I figured that some readers might get something out of that response, so here’s an excerpt from it…
Shout out to AJ and Todd for letting me know about the thread.
—————
Before weighing in with my opinion on this issue I’ll say that I’m a recent Stanford GSB grad who is working at McKinsey, but I didn’t exact get a red carpet rolled out to get my offer at McK. I applied for summer internships with 11 consulting firms on-campus, got 5-6 second rounds, and got 0 offers…then, applied/interviewed for a couple of corp strategy internships after that and got nothing. Finally, I was able to get an internship with Accenture’s strategy group through an off-campus search. I say all of that to let folks know that going to Stanford…or HBS, Wharton, Sloan, Kellogg, or any other school…doesn’t automatically guarantee you a “home run” when entering any particular industry. It takes hard work and can be full of ups and downs, regardless of the school you’re coming from.
As someone else said, your school might give you a small leg-up, but it ultimately comes down to how you perform as an individual come interview-time. Look at it this way…and I’ll use myself as an example…I was a student at Stanford and I KNEW that I was going to be able to breeze through the internship interview process, but I underestimated the fact that, in the on-campus recruiting process, my #1 differentiator (being a Stanford student) would be rendered irrelvant because I was competing with my own classmates. Then, when I got to the second round, I was going against the best of the best from Stanford and many other schools, so my own performance was even more important. Looking back, I was not prepared well enough and my performance in the interview process reflected that. During the full-time recruiting process, I put a lot more time into getting prepared for my interviews and was able to build up my experiences during my summer internship, so I entered the interview cycle feeling confident in my case interview abilities. I ended up doing pretty well and now I’m at McKinsey.
In my humble opinion, while getting into a good school is important, getting into the RIGHT SCHOOL FOR YOU is much more important. Earlier, someone posted that a choice of business school shouldn’t be made based on how good of a time you’d have at the weekly happy hour. I’d say that’s true to an extent, but imagine how difficult it would be to learn if you’re miserable all the time. There needs to be a balance between what you learn in school and how much you enjoy it…otherwise, you’re missing out on two of the three biggest value-adds from business school (with the alumni network being the third value-add).
So, back to the original question of this thread…”what B-schools are best if you want to get into the consulting industry?” I won’t give an answer because, knowing this forum, that response would get quoted, misconstrued, and turned all-around to say that a McK representative said that one school was better than another. And, we all know that that would be terrible. Instead of worrying about which school is best for consulting, try thinking about the core skills one would need to get a consulting job, do some introspection to figure out how strong you are in those skill areas, and then pick a school that will help you address your deficiencies in those skills. For example, if you were to pick analytical/problem solving horsepower, core business understanding, communication skills, and comfort with teamwork as your core skills for consulting, you’d use that as your scale to judge where your primary needs from a particular business school would be. Then, when you’ve found the right school for you, do whatever you can to get your foot in the door at your desired set of consulting firms. It doesn’t matter if a firm “doesn’t recruit heavily” at a particular school because I doubt that a firm would flat out reject a good candidate because he/she went to school X vs. school Y…just make whatever moves necessary to get a firm to give you a shot and make sure that you look like a stellar candidate when you do. And, if that doesn’t work for the summer internship, work to get a hell of an experience in a summer internship and make another run-at for full-time.
A couple of folks have mentioned that firms like McK have a certain percentage of hires at a certain set of schools (S/H/W/K/Sloan/etc) and I’m not here to confirm or refute any of those figures. I’d just like to add that I work with people with MBAs from several other schools that haven’t been mentioned in this thread. So, as long as you can work your way into the process and are prepared to do well on the interviews, you’ve at least got a chance at getting a consulting internship or full-time position. Don’t let anyone (especially on this forum) convince you that you’ve got to go to a particular school to have a legitimate shot.
Shout out to AJ and Todd for letting me know about the thread.
—————
Before weighing in with my opinion on this issue I’ll say that I’m a recent Stanford GSB grad who is working at McKinsey, but I didn’t exact get a red carpet rolled out to get my offer at McK. I applied for summer internships with 11 consulting firms on-campus, got 5-6 second rounds, and got 0 offers…then, applied/interviewed for a couple of corp strategy internships after that and got nothing. Finally, I was able to get an internship with Accenture’s strategy group through an off-campus search. I say all of that to let folks know that going to Stanford…or HBS, Wharton, Sloan, Kellogg, or any other school…doesn’t automatically guarantee you a “home run” when entering any particular industry. It takes hard work and can be full of ups and downs, regardless of the school you’re coming from.
As someone else said, your school might give you a small leg-up, but it ultimately comes down to how you perform as an individual come interview-time. Look at it this way…and I’ll use myself as an example…I was a student at Stanford and I KNEW that I was going to be able to breeze through the internship interview process, but I underestimated the fact that, in the on-campus recruiting process, my #1 differentiator (being a Stanford student) would be rendered irrelvant because I was competing with my own classmates. Then, when I got to the second round, I was going against the best of the best from Stanford and many other schools, so my own performance was even more important. Looking back, I was not prepared well enough and my performance in the interview process reflected that. During the full-time recruiting process, I put a lot more time into getting prepared for my interviews and was able to build up my experiences during my summer internship, so I entered the interview cycle feeling confident in my case interview abilities. I ended up doing pretty well and now I’m at McKinsey.
In my humble opinion, while getting into a good school is important, getting into the RIGHT SCHOOL FOR YOU is much more important. Earlier, someone posted that a choice of business school shouldn’t be made based on how good of a time you’d have at the weekly happy hour. I’d say that’s true to an extent, but imagine how difficult it would be to learn if you’re miserable all the time. There needs to be a balance between what you learn in school and how much you enjoy it…otherwise, you’re missing out on two of the three biggest value-adds from business school (with the alumni network being the third value-add).
So, back to the original question of this thread…”what B-schools are best if you want to get into the consulting industry?” I won’t give an answer because, knowing this forum, that response would get quoted, misconstrued, and turned all-around to say that a McK representative said that one school was better than another. And, we all know that that would be terrible. Instead of worrying about which school is best for consulting, try thinking about the core skills one would need to get a consulting job, do some introspection to figure out how strong you are in those skill areas, and then pick a school that will help you address your deficiencies in those skills. For example, if you were to pick analytical/problem solving horsepower, core business understanding, communication skills, and comfort with teamwork as your core skills for consulting, you’d use that as your scale to judge where your primary needs from a particular business school would be. Then, when you’ve found the right school for you, do whatever you can to get your foot in the door at your desired set of consulting firms. It doesn’t matter if a firm “doesn’t recruit heavily” at a particular school because I doubt that a firm would flat out reject a good candidate because he/she went to school X vs. school Y…just make whatever moves necessary to get a firm to give you a shot and make sure that you look like a stellar candidate when you do. And, if that doesn’t work for the summer internship, work to get a hell of an experience in a summer internship and make another run-at for full-time.
A couple of folks have mentioned that firms like McK have a certain percentage of hires at a certain set of schools (S/H/W/K/Sloan/etc) and I’m not here to confirm or refute any of those figures. I’d just like to add that I work with people with MBAs from several other schools that haven’t been mentioned in this thread. So, as long as you can work your way into the process and are prepared to do well on the interviews, you’ve at least got a chance at getting a consulting internship or full-time position. Don’t let anyone (especially on this forum) convince you that you’ve got to go to a particular school to have a legitimate shot.
Hi Marquis,
One of good posts that you have!
Extremely insighful.
-Bright
great post and very fair and objective!
Bright and Angie, thanks for the kudos on the BW Forum post. I should go back on there to see if anyone responded to it, but, knowing that forum, 1,000,000 people have probably shouted out against me by now…
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