Timing for Strategy Consulting applications in London

Hi all,

as the title suggests I am looking for info regarding the timing/which firms to target for applying to strategy consulting roles in London.

A bit of background on me: I have relevant experience in investment banking (only internships) with nice brands on my cv (especially for London). I graduated in 2021 and I am now looking for off cycles/graduate positions in strategy consulting since I am no longer interested in banking.

My questions are:

  • Do all firms open and close applications in the same period as it happens in banking? When is such a period?

  • Are off-cycle internships common in consulting?

  • How should I best approach the job hunt? I looked for places like OC&C,MBBor eventhe Big4 but it seems that all the graduate positions are gone.

  • Any tips on how to approach recruitment is greatly appreciated

Comments (3)

最有帮助的
Feb 4, 2022 - 10:24am
anon101001, what's your opinion? Comment below:

Hi, T2 strategy consultant in London here. To answer your questions:

1. Recruiting timeslines in banking vs consulting differs. Generally, applications open around the same time (August/September) but close later (MBB/T2 close by mid October), with interviews finishing up by Christmas.

2. Not really, far less common than banking. Having said that, I'm sure some boutique consultancies may offer it.

3. Most grad positions will be gone if you search now as applications have closed, but they will reopen in the beginning of autumn. To be honest, the only consulting grad positions that will be open now will be from less reputable firms. When the positions start opening up later this year, you'll really just want to apply to as many places as possible as it can be a numbers game at times.

4.Practice case interviews early(a couple of months before interviews at least), try to think about what drives revenue and cost in different industries, and don't neglect the fit interview (they are testing to see how you fair if you were put in front a client)

Feb 4, 2022 - 11:05am
MS101, what's your opinion? Comment below:

Thank you very much for your reply.

Would you mind sharing your personal rankings regarding consulting firms? Just to understand whether the place has a strong reputation or not. I usually look on Linkedin but in recent months it seems to exclude a lot of candidates so it is hard to form an opinion. What I mean with rankings is mostly exit opportunities for big companies, startups andVCs/PEs(not necessarily megafunds).

From my understanding the reputation in London is this:

Tier1

MBB

Tier 2

OC&C,Oliver Wyman, RB, Kearney

Tier 3

LEK, Simon Kucher

Tier 4

Big four &Accenture(withMonitorDeloittebeing on top of them)

Do you have any other reputable firms to add? I was alsothinking about AlixPartners, Analysys Mason, AltmanSolon and Alvarez and Marsal, but I am not sure how to place them.

Feb 4, 2022 - 11:47am
anon101001, what's your opinion? Comment below:

Praesentium nemo illum qui sapiente. Quia vitae culpa perferendis quos distinctio praesentium non. Sint rerum consequatur incidunt voluptate et non. Architecto et error veniam dolor velit. Fugiat dolores occaecati modi eum voluptatem qui amet. Eos sint vitae ut sed asperiores qui mollitia. Vel quam reprehenderit sint quia molestiae ut optio.

Recusandae molestiae fugiat aut fugit explicabo. Dignissimos maiores ut sint praesentium error neque. Odit fuga officia quia qui.

Start Discussion

Career Advancement Opportunities

June 2022Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.8%
  • Boston Consulting Group (BCG) 98.2%
  • Oliver Wyman 97.6%
  • LEK Consulting 97.0%

Overall Employee Satisfaction

June 2022Consulting

  • Cornerstone Research 99.4%
  • Bain & Company 98.8%
  • Boston Consulting Group (BCG) 98.2%
  • McKinsey and Co 97.6%
  • Oliver Wyman 97.0%

Professional Growth Opportunities

June 2022Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.8%
  • Boston Consulting Group (BCG) 98.2%
  • Oliver Wyman 97.6%
  • Strategy& 97.0%

Total Avg Compensation

June 2022Consulting

  • Director/MD (48) $270
  • Principal (23) $268
  • Vice President (42) $244
  • 项目经理(88) $221
  • Manager (137) $167
  • 2nd Year Associate (137) $137
  • 3rd+ Year Associate (101) $129
  • Senior Consultant (301) $129
  • 1st Year Associate (488) $117
  • Consultant (532) $116
  • Engineer (4) $110
  • NA (12) $109
  • 3rd+ Year Analyst (122) $109
  • 2nd Year Analyst (277) $98
  • Associate Consultant (151) $96
  • 1st Year Analyst (941) $85
  • Intern/Summer Associate (159) $81
  • Intern/Summer Analyst (434) $67