We're back from summer break 😎
We're back from summer break 😎
There's only so long consultants can spend on the beach...
In this issueWhere to find consulting jobs
Effective job searching on LinkedIn
Highlights from the consulting newsreel
Distinctive Plus - the newsletter for MBB consultants
BCG’s M&A Sentiment Index
Contribute to BTO
👀 What to expect: ~700 words / 4-min read
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Where to find consulting Jobs 💼
There just aren’t that many consulting jobs boards out there.
If you’re looking, you’re best off going to some of the big platforms (e.g. LinkedIn, Indeed) and filtering, or looking at a graduate jobs board for entry-level roles (e.g. Prosple (USA) Bright Network (UK)).
One exception to that rule is consultancy.org. Here you can get centralised lists of consulting jobs by geography. Some of the main ones are:
And they look like this:
For exit opps, check out our partner Beyond Bay St.
Effective Job Hunting 🔎
Using the big platforms for job hunting can be overwhelming.
However, you can narrow down your search using LinkedIn’s Advanced Search so you can (1) only see relevant jobs and (2) setup tailored alerts.
Here are some ready-made ones to test out:
Industry NewsThe News 📰
UK consultant headcount drops 3% - The UK consulting sector saw a 3% reduction in workforce last year as firms cut jobs due to slowing demand post-pandemic. Read more.
Is McKinsey Really a Partnership? - A lawsuit by former partner Arnab Ghatak, who was fired on the eve of McKinsey’s $574mn legal settlement with US states challenges McKinsey's partnership status, scrutinising its fiduciary duties and corporate structure. This case puts McKinsey’s self-proclaimed partnership model under examination. Read more.
McKinsey wins racketeering case against Jay Alix - A US judge dismissed Jay Alix’s six-year-old lawsuit claiming McKinsey’s bankruptcy practice was a "criminal enterprise" violating conflict of interest rules. The judge ruled that Alix lacked a valid claim, noting the alleged harm would have been to his former company, AlixPartners. McKinsey welcomed the dismissal, stating the claims were baseless. Alix plans to appeal the decision. Read more
Big 4’s management consulting arms gain muscle in India - The firms’ consulting practices are experiencing 25-30% annual growth driven primarily by multifunctional expertise and strong client relationships. The firms leverage their extensive technology practices to provide high-value follow-on services. Read more
Best of the rest: Simon-Kucher launches new office in Riyadh, PwC adds 92 new partners to its offices in the Middle East, Bain adds 6 new partners in Germany and Switzerland, Pakistan engages Kearney to boost foreign investment, Entertainment and media sector set for $3 trillion in revenue, PwC claims
Distinctive Plus - The newsletter for MBB Consultants
The first year in MBB consulting is the toughest one.
Consultants must learn new skills while performing flawlessly.
It feels like building an airplane mid-flight without a blueprint.
Expectations are insanely high, with little or no support from leaders.
It’s stressful and overwhelming.
If you struggle to navigate the challenges of MBB consulting and want to improve your performance, then the Distinctive.Plus newsletter is for you.
Rustem, a former AP at McKinsey, left his job to help first-year, lateral-hire MBB consultants by sharing best practices and unspoken rules.
Check it out by following this link:
Chart of the Week 📊
BCG’s M&A Sentiment Index, a neat find that doesn’t get the publicity it deserves. It outlines dealmakers’ willingness to engage in M&A and is a great gauge on the market. It’s currently on the low side but has remained stable of late.
Contribute 🛣️
That’s all folks. Don’t forget your timesheets.
BTO Team
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