How to Land an Internship at McKinsey?
One of the best ways to get your foot in the consulting door is through an internship with a well-known consulting firm. The McKinsey internship is one of the highest-ranking management consulting internships in the world. Interns are considered from a variety of different educational backgrounds. McKinsey only accepts 1% of its pool of candidates […]
Is a Boston Consulting Group Internship for You?
Interested in obtaining a consulting internship with Boston Consulting Group (BCG)? As a BCG management consulting firm intern, you will create impact on day one as you are mentored by BCG seniors. Through its globally renowned internship programme, BCG has developed thousands of interns into successful management consultants. Bit is a BCG internship right for […]
What Are the Best Majors for Consulting?
Management Consulting requires a lot of analytical thinking, problem solving, and communication skills. So what majors should you go for? The best majors for consulting include business administration, accounting, finance, economics, management, marketing, law, and public relations. Students who choose these majors learn how to analyze data, create reports, and develop strategies. While most of […]
What Is Management Consulting? (A Complete Guide)
The global market for management consulting services is valued to be more than $130 billion, and constitutes over half of the total consulting market worldwide, according to Consultancy.org. So what does this elusive profession actually entail? Management consulting is a fast-growing field that provides advice, solutions, and strategies to improve the overall efficacy and functioning […]
Consulting Cover Letter Tips, Hacks, Requirements & Examples
If you’re applying for consulting positions at prestigious firms like McKinsey, Bain & BCG, then you may be wondering how to write a consulting cover letter. The best consulting cover letters connect your past experiences with the values of the company you’re applying to. The general format is to have an opening, 3 or 4 […]
What do Traders Really do?
Most people know that trading involves some sort of exchange of stock. In fact, traders trade securities. Securities are either equity—which provides ownership rights to holders. Debt—essentially loans repaid with periodic payments. Or hybrids—which combine aspects of debt and equity. This is what differentiates it from investing. Typical investing only deals with equity. The other […]
What do Investment Bankers Actually do?
Most people attribute the role of an investment bank to general corporate and financial advice. In fact they do a lot money. They raise capital, invest capital and advise corporations on the strategic management of capital. The first step to understanding is to learn about the banks themselves. What is an investment bank? Investment banks […]
Are Online MBAs Worth It?
MBAs are a graduate degree, which have become very high value in todays world. Business schools offering MBA courses have been receptive to society’s needs and advancement. They offer a variety of courses on ‘soft’ skills, and new technology such as business and data analytics. This is a key reason why many companies, in sectors […]
Perfect your CV for Consulting Applications
Your CV is likely to be the most important component of your consulting application. Former McKinsey consultant and creator of the YouTube channel Firm Learning, in this article, Heinrich Rusche shares his best tips and strategies to help you create a CV that meets the highest standards of the leading consulting firms. Overarching format Independent […]