Do you may have a ardour for healthcare? Do you need to have an up-close look on how the political panorama in Washington DC impacts the enterprise of healthcare? In that case, chances are you’ll need to look into the Marwood Group. The Marwood Group is a small to midsize firm with 3 places that completely focuses on healthcare. Instance focus areas for Marwood Group embody regulatory & legislative outlook, reimbursement evaluation, and efficiency enchancment.
This text will share extra in regards to the Marwood’s Group specialization, profession alternatives, and exit alternatives.
Agency Key Stats
Agency Web site: www.marwoodgroup.com
Agency Headquarters: New York Metropolis
Agency Variety of Workers: 120+
Agency Variety of Areas: 3
Agency Chief Government: John Moore
Agency Income: Undisclosed
Marwood Group Historical past
Marwood Group was based by John Moore and Ted Kennedy Jr. in 2000. Earlier than founding Marwood Group, John Moore exhibited a powerful ardour for healthcare. Notably, he was a founding accomplice of one of many 15 largest well being upkeep organizations (“HMOs”) in NY. By way of his work on the HMO, John turned conscious of the knowledge hole between Wall Avenue and Washington D.C. Marwood was based with the objective of bridging the knowledge hole. As we speak, Marwood Group has expanded to three places of work and advises shoppers on well being care regulation, coverage, and so forth.
Marwood Group Careers
A Marwood Group profession will allow you to get an in depth understanding of the healthcare panorama. Particularly, as you may have a Marwood Group profession, you’ll find out about authorities coverage, politics, reimbursement, and regulation. As you’re employed on the agency, it is possible for you to to work alongside SMEs with backgrounds working within the authorities, business, and even funding banking. As well as, a Marwood Group profession will allow you to work with all kinds of shoppers. Shoppers chances are you’ll serve embody: monetary sponsors (e.g., personal fairness companies), healthcare firms (e.g., suppliers and insurance coverage firms), and asset managers / public fairness buyers.
Marwood Group Internship
The Marwood Group internship is a structured program that may give you an up shut have a look at what it’s prefer to work on the the agency full-time. Particularly, the internship affords you the chance to work on a venture and construct out your consulting toolkit. Abilities you’ll be able to develop embody downside fixing, qualitative and quantitative evaluation, and government presence. Interns may also partake in a resume workshop. On the finish of the internship, every intern makes a presentation to senior administration.
Marwood Group follow areas align to every of Marwood Group’s options. Marwood Group follow areas embody:
- Regulatory & Legislative Outlook
- Reimbursement Evaluation
- Institutional Analysis
- Strategic Advisory
- Market Analysis
- Medical High quality & Compliance
- Efficiency Enchancment
- United Kingdom & European Healthcare Advisory
- Monetary Advisory
- Curated Healthcare Information Platform
Marwood Group industries are restricted in nature given Marwood Group’s specialization. Particularly, Marwood Group solely makes a speciality of healthcare.
Marwood Group Areas
In contrast to the Huge 4 that are world in nature, Marwood Group places are restricted. There are 3 Marwood Group places, specifically:
- New York Metropolis
- Washington DC
In contrast to companies like BCG, the Marwood Group doesn’t publish its Marwood Group profession path. Nevertheless, there are anecdotal examples of people which have moved up throughout the firm. Given companies might change their profession path coverage, it’s useful to make clear the precise profession path with the Marwood Group recruiters. For instance, one query you’ll be able to ask if you might want to get an MBA to maneuver up within the Marwood Group.
When transferring on from Marwood Group, consultants have the most effective probability of touchdown a brand new function in:
- Graduate faculty
- Working at one other boutique consulting agency
- Working for a monetary agency that focuses on healthcare
Marwood Group’s notable alumni embody:
Per LinkedIn, the Marwood Group goal faculties embody:
- College of North Carolina (9 out of 155 workers on LinkedIn)
- Cornell (7 out of 155 workers on LinkedIn)
- Columbia (6 out of 155 workers on LinkedIn)
- New York College (5 out of 155 workers on LinkedIn)
Marwood Group doesn’t disclose its variety applications. If that is one thing that’s vital to you, it’s a terrific query to ask in networking calls with Marwood Group personnel to point out your curiosity within the firm.
Marwood Group Tradition
The Marwood Group has blended critiques from previous workers. Lower than a 3rd of respondents would suggest Marwood Group to a buddy and about 60% approve of the CEO. Constructive suggestions contains good and good colleagues, whereas unfavorable suggestions lists low pay and at instances tough administration. These can be key ares to discover in your interview.
Marwood Group Interview
The Marwood Group interview is just like what you’ll discover at different consulting companies. Particularly, there’s a match interview and a case interview. The match interview might ask questions together with:
- Why healthcare?
- The place do you see your self in 5 years?
- Inform me about your present function?
- What pursuits you in healthcare?
- The case interview might embody market sizing questions and profitability circumstances. There may be a gaggle interview part.
Given Marwood Group has a healthcare specialty, it will be important that you simply exude your love of healthcare throughout the interview.
Agency Interview Course of
Much like different consulting companies, the Marwood Group interview is a number of levels. Relying in your college, the Marwood Group interview course of might begin with a telephone display screen after which transfer to in-person interviews. Given the interview course of might differ by your college and the way you apply (on-cycle or off-cycle), it’s best to make clear the precise Marwood Group interview course of together with your recruiter.
Marwood Group Salaries
Per Glassdoor, the pay vary for an affiliate at Marwood Group is ~$70-115K (~$60-100K bae pay and ~$10-15K bonus). The pay at Marwood Group is decrease than the pay at different boutique consulting companies. For instance, per Administration Consulted’s annual wage report, MBB consultants usually make a $110,000-112,000 base and a $20,000-30,000 bonus. To get a complete report on consultants’ salaries, see Administration Consulted’s annual wage report here.
Due to this fact, in case you have a ardour for healthcare, Marwood Group could also be a terrific match. In contrast to bigger companies like Deloitte which have healthcare practices, Marwood Group completely focuses on healthcare. Areas Marwood Group focuses on embody: regulatory outlook, reimbursement, and medical high quality. Marwood Group is a smaller agency with 3 places in New York Metropolis, Washington DC, and London. Nevertheless, some unfavorable experiences from previous workers and pay decrease than you see with different consulting companies ought to be considered. If you wish to prep for an upcoming interview with Marwood Group with an ex-MBB marketing consultant, please see Administration Advisor’s assets here.