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Administration consulting is a well-liked profession path for a lot of enterprise college college students, notably these pursuing an MBA. Nonetheless, the recruiting panorama has been altering lately within the wake of macroeconomic elements.
Because of this, Administration Consulted is listening to that many corporations – together with McKinsey, Bain, BCG, and Kearney – will likely be paring again on-campus recruiting for 2nd yr MBA candidates this yr. However concern not, there are nonetheless methods to land a consulting job as a 2nd yr MBA candidate!
Prior to now, administration consulting corporations closely relied on on-campus recruiting to fill post-MBA positions. This course of concerned visiting high enterprise colleges within the early fall and conducting intensive interviews with college students for full-time roles that will begin the next summer time.
Nonetheless, with the latest plateauing in demand for consulting companies, broader financial uncertainty, and delayed start dates for graduating MBAs, corporations not have as giant of a staffing hole that must be crammed by full-time MBA recruiting.
What does this imply for you? When you’re a 1st yr MBA candidate, it implies that you should take internship recruiting actually severely this yr – it’s possible you’ll not get an opportunity to re-recruit subsequent yr.
When you’re a 2nd yr MBA candidate desirous to recruit for full-time roles, you will want to strategy the method like an experienced hire – which suggests you’ll must be proactive about networking to get your foot within the door. Bonus factors for those who can spotlight a selected talent set (e.g., data analytics) or business experience to model your self as an issue knowledgeable. As well as, you will have to get extra inventive along with your workplace choice – for instance, there are extra alternatives obtainable in Middle Eastern offices (e.g., Dubai) than in lots of different areas. General, with corporations not coming to campus, 2nd-year MBA candidates might want to work more durable and smarter to face out.
So, what are you able to do as a 2nd-year MBA candidate to extend your probabilities of touchdown a consulting job? The reply is easy – community your butt off. Networking has at all times been a necessary a part of the job search course of, and it’s much more vital now that on-campus recruiting is being pared again.
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Networking Suggestions
Listed below are some ideas that will help you navigate the networking course of:
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Begin Early
Don’t wait till the final minute to begin networking. Begin reaching out to alumni and business contacts as quickly as attainable to construct relationships and determine which workplaces/observe areas have staffing wants.
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Use Your Faculty’s Alumni Community
Many enterprise colleges have intensive alumni networks that may be a precious useful resource for job seekers. Attain out to alumni who work within the consulting business and ask for a referral.
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Attend Digital Occasions
Whereas in-person occasions could also be restricted, many consulting corporations are nonetheless internet hosting digital occasions that you could attend. Use these occasions as a possibility to be taught extra concerning the agency and make connections with recruiters.
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Leverage LinkedIn
LinkedIn is a strong networking device that may provide help to join with recruiters and business professionals. Make certain your profile is up-to-date and use it to succeed in out to individuals within the business.
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Be Ready
Whenever you do get the chance to talk with a recruiter or business skilled, be ready. Listed below are our top tips to nailing an informational interview.
Conclusion
In conclusion, some corporations are paring again on-campus recruiting for 2nd-year MBA candidates this yr. Nonetheless, this doesn’t imply that alternatives aren’t obtainable. By networking your butt off and treating the job search course of like an skilled rent does, you’ll be able to improve your probabilities of touchdown a consulting job. Keep in mind to begin early, leverage your college’s alumni community, attend digital occasions, use LinkedIn, and be ready.
For extra assist, work with the knowledgeable crew at Administration Consulted by means of Black Belt, our premier recruiting prep program. We’ll edit your resume & cowl letter, construct you a personalised networking technique, and put together you for the case interview.
Further Sources:
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