Ivey MBA Management Consulting Club Post Recruiting Survey Results
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1 Ivey MBA Management Consulting Club Post Recruiting Survey Results
2 Background The management consulting industry has been one of the most desired immediate post graduation careers for MBA candidates. Together with the limited intake at each firm and rigorous selectivity, competition for such positions has become extremely fierce. Not surprisingly, the recruiting and selection process is often intimidating and unclear to those involved. The Ivey Management Consulting Club conducted this post recruiting survey in order to better understand the selection criteria of management consulting firms. We believe that these data will greatly benefit future members by allowing them to better understand their strengths and areas of improvement and focus on firms that most fit their profile. This anonymous survey collected personal information and high-level recruiting related data from 21 Ivey Management Consulting Club members who were extended consulting interviews invites. Only consulting firms that participated in the core recruiting season (2010 September 2010 November) were analyzed. Data collected include: Gender and Age Years of professional experience Professional Experience - industry Undergraduate major Undergraduate grade point average GMAT score Ivey grade point average Degree of involvement in Pre-Ivey extracurricular activities Degree of involvement in Ivey extracurricular activities Number of practice cases completed Number of consulting applications submitted Key observations from data collect: A low GMAT score does not automatically disqualify your candidacy from top consulting firms. The quality of your working experience matters much more than the quantity. Grades matter. The average Ivey grade of surveyed members was 83%, which is approximately the cut off for the top quartile of the class. The average member practiced 40 cases before going into an interview Ivey MBA Management Consulting Club Executives Razy Farook Paul von Martels Imran Khan Joe Ma January 2011
3 Firm Specific Results Legend Average Maximum Minimum Age Years of Experience Highest Firm Average: Group Lowest Firm Average: Consulting maximum: 36 minimum: 25 Highest Firm Average: Group Lowest Firm Average: Management Consulting maximum: 8 minimum: Undergraduate Grades GMAT Highest Firm Average: Associates Lowest Firm Average: A.T. Kearney maximum: 92 minimum: 70 Highest Firm Average: Consulting Lowest Firm Average: Boston Consulting Group maximum: 760 minimum: 610
4 Pre-Ivey Extracurricular Ivey Extracurricular 1: None/Light 2: Average (ex. Junior Achievement Volunteer) 3: Significant (ex. Non-profit/Club President, Entrepreneur) Highest Firm Average: Management Consulting Lowest Firm Average: McKinsey & Company maximum: 3 minimum: 2 1: None/Light (ex. Club Member) 2: Average (ex. MBAA Senator, Class Rep, Event Organizers) 3: Significant (ex. Club Executives, MBAA Council) Highest Firm Average: Associates Lowest Firm Average: & Company maximum: 3 minimum: Ivey Grades # Case Practices Highest Firm Average: Group Lowest Firm Average: Associates maximum: 88 minimum: 79 Highest Firm Average: Management Consulting Lowest Firm Average: Group maximum: 57 minimum: 15
5 # Consulting Applications Submitted Highest Firm Average: Lowest Firm Average: Consulting maximum: 11 minimum: 2 Number of 1 st Round Interview Invites Extended (among surveyed members) Firm Number of Invites 8 A.T. Kearney 7 & Company 5 Boston Consulting Group 5 Consulting 15 McKinsey & Company 6 Group 4 4 Consulting 5 Management Consulting 3 Associates 5
6 Survey Participant Results Working Experience Industry 15% 8% 16% Consumer Goods/Retail Industrial Goods 15% Information Technology 15% Mining 31% Pharmaceutical / Health Care Public Sector 5% 5% Undegraduate Major 5% Engineering Business/Commerce 27% 58% Economics Science 10% Gender Male Female 90% The Ivey Management Consulting Club (IMCC) is dedicated to preparing its members to pursue careers in consulting. The club is served by a peer-elected executive team, in partnership with Ivey Career Management, Corporate Partners and the Ivey Alumni Network within the Consulting industry. In summary, our mandate is to: Provide training Create awareness of opportunities Develop our members networks outside of Ivey
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