Where Should I Work: Google or Oracle?
Tech is a sociocultural juggernaut. It exerts its omnipotent force not only in terms of the services and products we elect to uphold our modern world, but also in terms of how we make a living. One might argue that in one shape or form, most of us work in—or for—the tech industry. If you’re the glass half-full type, the pervasiveness of tech suggests there are more opportunities to tilt the industry—even slightly—toward social good.
Continue reading…Where Should I Work: Deloitte or Ernst & Young?
Deloitte and Ernst & Young (EY) are considered two of the “Big Four” accounting firms. Along with KPMG and PwC, the Big Four naturally attracts top MBA talent looking to put their degrees to use in a variety of tax, accounting, and consulting services.
Continue reading…New MBA Jobs: Deloitte, Visa, Fidelity and More
Whether it’s an entry level placement for recent graduates, or a position fit for a seasoned business veteran who just added an MBA to their resume, there’ lots of exciting new MBA jobs out there. This week is no different—check out some of the best new MBA jobs out there below: Continue reading…
How Can You Get a Job at Boston Consulting Group in 2018?
Boston Consulting Company—a global management consulting firm— has offices across more than 90 cities and 50 countries, advising clients in the private, public, and not-for-profit sectors, including a healthy chunk of Fortune 500 companies. Considered one of the most prestigious management consulting firms in the world, BCG was ranked fourth in Fortune’s “100 Best Companies to Work For” in 2018.
But, how can an MBA help you land a BCG job?
Working for BCG
According to Management Consulted, BCG has a demanding recruiting and hiring system. The firm hires undergrads as associates who work for two to three years before moving on or pursuing an MBA. However, it is very difficult and highly unlikely for an associate to make the leap to consultant without an MBA. If you’re hired as an MBA, you enter as a consultant with plenty of room for growth—to project team leader, principal, and then, finally, as a partner partner.
According to former BCG senior partner Lucy Brady, the company looks for a candidate’s record of academic and professional success, but also want to hire candidates who have overcome setbacks.
“We look for resiliency and adaptability, and the ability to learn from your mistakes and grow from them,” she said in a previous interview.
CNN revealed that 11.72 percent of MBAs want to work for BCG. However, BCG’s recruiting process is demanding, with Glassdoor previously ranking the firm among the most difficult companies to interview with.
The high job demand and lengthy interview process isn’t without reason: MBAs typically thrive at BCG due to the companies the emphasis on career development. BCG’s PTO (predictability, teaming, and open communication) policies allow for a healthy work-life balance for employees, which has paid numerous dividends. Internal surveys have shown that the program has led to a 74 percent increase in reported intentions to stay with the company for the long term. BCG was also among the companies that signed the 2016 White House Equal Pay Pledge.
BCG Recruiting on Campus
BCG actively recruits students on college and university campuses around the world. Campus visits are a way for students to connect with BCG, learn more about potential job opportunities, and feel out whether a career at BCG is a good fit.
“We have a presence at many of the top universities across the U.S., including Harvard, Stanford, the University of Pennsylvania, Northwestern, University of Michigan, Duke, and the University of Texas,” Tina Gao, BCG recruiting director, said in a previous interview. “We come to campus and hold a presentation to introduce the company and then are available for Q&A sessions. We also come back to help people train for our interviews and learn more about the company. We’ll come back to campus to interview the candidates we choose.”
You can see more upcoming BCG on campus events here. However, if your campus does not have a dedicated page, BCG encourage students to complete an online application for consulting internships.
BCG Internships
BCG’s consulting internship programs can be a great opportunity for students to get a feel for the the life of a consultant. BCG Associate and Consultant interns work with current BCG consultants, and are expected to contribute to a real client project. Interns are considered as true case team members and are tasked with everything from working on client projects to socializing with colleagues.
According to BCG, internships vary depending on the project or location. Some interns are expected to travel, but do return to their home offices at the end of each week for special events and social activities. Orientation and training sessions ease interns int their roles before being assigned to a case that aligns with their personal and professional goals, as well as the firm’s business needs.
BCG accepts online applications from exceptional business school, engineering, science, law, and humanities students who are nearing the completion of their undergraduate or graduate studies.
BCG MBA Fellows
If you’re an MBA who wants to get your foot in the door at BCG, it’s worth looking into the BCG Fellows MBA Program, which provides top applicants with monetary awards and individual mentorship by BCG consultants.
The fellow program is only available to full-time MBAs studying at the following business programs: Columbia Business School, Fuqua School of Business, Kellogg School of Management, Harvard Business School, MIT Sloan School of Management, Stanford Graduate School of Business, Stern School of Business, Tuck School of Business, Anderson School of Management, Booth School of Business, Ross School of Business, Darden School of Business, The Wharton School and Yale School of Management.
BCG MBA Salaries
If you score a job at BCG, you’ll also be earning a big paycheck—well worth the hours of MBA studies and the rigorous recruiting process. According to Management Consulted, MBAs hired a BCG make earn the following within their first year of employment:
- Signing Bonus: Up to $30,000
- Base: $147,000
- Relocation: $2,000-8,000
- Performance Bonus: up to $44,100
- Retirement: Profit-sharing into a 401k
How To Break Into the Tech Industry: Intuit Inc.
Since 1983, Intuit Inc.—the Mountain View, CA software company that spearheaded the creation of products like TurboTax, Quickbooks, and Mint—has effectively changed the way the average person manages their money. And with more and more MBAs shedding their finance industry aspirations for a role in tech, a job with one of the most well-regarded tech organizations is looking especially ideal.
Why Should I Join Intuit Inc.?
Intuit Inc. was ranked 13th overall on Fortune’s 2017 list of the “100 Best Companies to Work For,” and 30th overall on Glassdoor‘s newest “Best Places to Work” list. The company takes a holistic approach to ensuring company well-being. Intuit has 24-hour onsite gyms, and even provides a certain amount of bicycles for employees who bike to work. Fortune listed job perks like telecommuting, compressed work weeks, college tuition reimbursement, daily free time to pursue other projects, and paid time off for volunteering.
Many of the positions at Intuit are, unsurprisingly, tech-based, so an MBA may not be as advantageous in getting an engineering position. However, according to PayScale data, MBAs are typically the highest earners at Intuit, with the average MBA earning nearly $125,000 per year.
What Internships are Available?
Intuit Inc. has a specific internship for MBAs: the MBA Intern Marketing Manager position. This internship is offered in Intuit’s California locations in Mountain View and San Diego, as well as in Plano, Texas. In this position, MBAs help the company gain insight into the needs of customers and the effectiveness of current marketing strategies, through research and testing. According to the company website, these interns also have the opportunity to partner with teams working in, “Product Management, Development, Finance and Care.” This is a paid summer internship, so students can cover the cost of living while observing and contributing to innovations at a leading software company.
Intuit is currently offering a variety of other internship positions that might be appropriate for MBAs, such as a Marketing Intern position in London. MBAs specializing in Supply Chain Management can apply to be Supply Chain Specialist Interns, and work closely with Intuit’s Supply Chain Finance team.
At the company, it is not uncommon for intern’s to parlay their positions into full-time jobs after graduation. The company’s website says that its internship program, “is truly an ‘early identification’ program, focusing on identifying and investing in high potential university students really to encourage them in their early careers and potentially to bring their talent back to Intuit after graduation.”
How to Get Hired at Intuit
In recent years, Intuit has moved from a traditional interview process, to an innovative method of vetting candidates that incorporates virtual reality. Their hiring program, Assessing for Awesome (A4A), requires that candidates: “Speak for five minutes about themselves; speak for 15 minutes about two or three projects of which they’re proud; prepare a 15-minute presentation on a case study or coding exercise; participate in a 25-minute question and answer period.” The interview is conducted by an advanced staff member who works closely with the position in question. The company uses virtual reality to allow candidates to demonstrate their skill sets.
Intuit Inc. hires graduates and interns from a number of the top-rated business programs in the country, including the Northwestern University Kellogg School of Management in Chicago, Illinois, which brought in full-time employees and interns from the most recent graduating class. Some of the most highly-regarded MBA programs offer various tech industry advantages, including the recently introduced Tech MBA at NYU Stern, and the promising new Cornell Johnson Tech MBA, offered at the school’s new New York City campus.
For more information on which school’s provide the best opportunities to join the tech industry, head on over to our sister site Clear Admit, which recently took a look at programs from other established institutions like the UCLA Anderson School of Management and MIT Sloan.
Our Favorite MBA Recruiters: Facebook
These days, it seems like everyone and their mother is on Facebook—no, really, your mom sent me a friend request last week. Your family vacation looked like a blast! As more and more people subscribe to the undisputed king of social media, Facebook seems to hire more and more MBAs to continue to move the company forward into the future. Continue reading…
