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 offer

Posted by Khaled Kteily on in Networking & Reputation

Full-time positions are tough to come by; internships are even more difficult by virtue of the number of positions available (generally a couple at each firm). Still - some students will be in the fortunate position of holding multiple internship offers. For those of you, congratulations! Here are a few critical points to keep in mind throughout the process:

1. Don't take forever to answer. 

This one is very important - the longer you take to answer a company, the less excited they think you are about joining. Don't keep a firm waiting for too long - a week or two is understandable, especially if they know you have other offers, but don't take longer than that, and give them a valid reason. At some point, you will have learned everything there is to know about the company - you don't need details about which cubicle you'll sit in, what type of laptop you'll get, and what the dress code is on Fridays. 

You've built good will by receiving an offer. Learn what you need to know and then make a decision. I've heard stories about students who received internship offers but took so long to reply that they lost all partner-level support - that hurt their reputation and prospects when they did accept the offer. Don't be that guy (or girl)!

...

Students interested in consulting or banking: When you're a student going through recruitment, it's tempting to tell a firm that you have offers from dozens of firm across the board, all eagerly awaiting your response to the offer letters that they have practically thrown at you and are begging you to sign. I'd like to give you a quick and simple example of why this is a bad idea.

At one firm I interviewed with, the partner pulled out a piece of paper that was so crumpled and faded that it had clearly been used for years. You'll find that interviewers will often re-use the same case over and over again. There's a very good reason why (click on through to see the reasoning)

When you successfully secure a first-round interview, does your CV matter anymore? The answer is not especially. Only candidates with strong CV's will get selected to begin with - transferable skills are important but not especially influential when it comes time to make an offer. But what about your first-round performance? Click through to see why it has more of an impact than you think.