Welcome to The Management Consultants Network

Break into McKinsey, BCG, Bain, Oliver Wyman, Accenture, and other top management consulting firms with resources provided by top consultants and ex-consultants from around the world. The Management Consultants Network provides you everything you need to succeed in the consulting recruitment process - from start to finish. Best of all? It's completely free. Register for the site and check it out. 

Blog posts tagged in interviews

Posted by Khaled Kteily on in Interviews

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A recent Harvard Business School study reaches a fascinating conclusion about social status in prestigious and non-prestigious environments. Titled 'The Red Sneakers Effect: Inferring Status and Competence from Signals of Nonconformity', it gives us some insight into how trying to fit in can have the opposite effect you intended. 

The key takeaway: If you are already in a prestigious setting
(working at a top firm, studying at a top school, etc.) then doing something nonconformist can give you a higher perceived social status.

For example: a business school professor wearing a t-shirt and sporting a beard or a trainer for an executive education program wearing a suit and red sneakers are considered as “having the guts to do what they’re doing. They have points to spare. They’re such a high-status person that they don’t need to conform to the rules.”

On the other hand, if you're not already in a prestigious role the inverse is true. Business professors at less prestigious universities were perceived as having slightly more status when wearing a suit and tie. 

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Posted by Khaled Kteily on in Site Updates

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A quick site update for everyone - we recently updated the site's subscription settings, so that you don't have to register for the site and subscribe to the blog separately. If you register for the site, then you are automatically subscribed to receive blog updates as well, which we think makes a lot more sense. 

If you've already signed up for the site and would prefer not to receive updates, please just click the 'unsubscribe' button at the bottom of the e-mail. We won't be offended!

And for those of you who haven't been following the blog, here are a few of our most popular posts and resources:

1. Succeeding as a consultant (Part 1 of 5)

2. Will mid-sized consulting firms exist in 2015?

3. How to dress like a consultant... on the cheap

4. How to game the system when scheduling your interviews

5. How many hours does a consultant work? 

6. The most common case interview types

7. The inside scoop on recruiters' e-mail addresses

And don't forget to check out our member-only resources, which include the 75+ page '6 Steps to Success'. It's broken out into 6 sections:

Step 1: Learning about consulting

Step 2: Preparing your applications

Step 3: Developing the basics

Step 4: Refining your knowledge

Step 5: Focusing on the details

Step 6: Receiving your offer

Recruiting season is in full-swing at this point. If you know of any friends are colleagues who are interested in breaking into consulting, please pass along the link to the site. As always, the content is completely free. 

Please take a minute to connect with us on Facebook - help spread the word! 

   

 

Posted by Khaled Kteily on in Preparing Your Applications

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Have you ever shopped at IKEA? Yes, of course you have. That means you've spent hours with an Allen key, and your blood, swear and tears. The result? Furniture that you are damn proud of.

The Ikea Effect - which is well-profiled by social psychologists and has been analyzed by the Harvard Business Review - is the tendency to value something more because you made it. So why is that relevant when you're putting together your application?

Posted by Khaled Kteily on in All About Consulting

From time to time, we'll highlight some of the content that's available to registered users to help you find your way around. Most blogs will do this to entice you to subscribe to some sort of a premium membership, but as a reminder - registering is completely free

Today, we're featuring the 'Expert Blog Content' section. 

Posted by Khaled Kteily on in Interviews

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A recent study by researchers from Harvard Business School and The Wharton School - published in Psychological Science - analyzed 9,000 interviews over ten years of MBA admissions. The researchers found that the assessment of the interviewees before you had a direct impact on your own assessment. Specifically:

"Even after controlling for lots of other factors (like the candidate’s GMAT score, essay quality, and characteristics of the individual interviewer), there was... a negative correlation between the previous scores given to candidates that day and the score given to the current interviewee."

In other words, if previous candidates have received higher scores, you are more likely to receive a lower score. And vice versa. Click through to read more about this phenomenon, as well as an analysis of the best times to schedule your consulting interviews.

Posted by Khaled Kteily on in Success Stories

Yet another McGill success story - this Finance student reached out to me after using The MCN's resources to prep for their consulting interviews. They received and accepted an offer from BCG in 2012. They've shared some great advice for prospective interviewees as well as some insight into why consulting and why BCG.

Posted by Khaled Kteily on in Uncategorized

As the membership of The MCN continues to grow (Currently over 200 students, consultants, and recruiters!), I've been getting some great feedback and suggestions for how to improve it. Here are a couple of plans for the future.

Posted by Khaled Kteily on in Preparing For Interviews

It's funny how little things can have an impact on your application. One of those little things is having ready access to your e-mail at all times. Click through to see just how this can affect your candidacy.