794: Evaluating your firm's training (Case Interview & Management Consulting classics)

794: Evaluating your firm's training (Case Interview & Management Consulting classics)

For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss consulting firm's training.

Too often clients ask the wrong questions when it comes to assessing training at consulting firms: do smaller offices have poorer training, should I attend training as soon as I join, does BCG have better training than Bain etc. When considering training you need to both consider formal and informal training. As we show, formal training is very useful, but not at all for the hard/technical skills it purports to impart on attendees. Informal training, also known as training on an engagement, is most effective when consultants can practice under diverse conditions. In other words, the more you travel and work with foreign teams, the better will be your training. Some firms encourage more global staffing and others far less. That counts.

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Jaksot(835)

35: Deloitte S&O vs. McKinsey EM

35: Deloitte S&O vs. McKinsey EM

We have responded to the bolded out part of the question below: "As a person from a big emerging market interested in the long term career in my region, I am thinking about which strategy makes more s...

7 Loka 20119min

34: McKinsey USA or McKinsey EM

34: McKinsey USA or McKinsey EM

We have responded to the bolded out part of the question below: "As a person from a big emerging market interested in the long term career in my region, I am thinking about which strategy makes more s...

1 Loka 201116min

33: Husband Wants to Leave

33: Husband Wants to Leave

We get a variety of queries from all levels of consultants: analysts up to principal. This question came from a female engagement manager in the USA. She was distraught after having worked very hard t...

25 Syys 201112min

32: Managed Out in 4 Months

32: Managed Out in 4 Months

Unfortunately, in management consulting this is something everyone should plan for. Performance or economic conditions can lead to the up-or-out policy being applied. We have had several requests to h...

19 Syys 201118min

31: Deloitte S&O SC drops BCG

31: Deloitte S&O SC drops BCG

This is such a great dilemma. The answer is going to surprise many people. Therefore, pay attention to the logic we apply to answer this question, as well as the real examples we will offer. The optio...

13 Syys 201112min

30: Advice for US MBA Jan 2012 Interns

30: Advice for US MBA Jan 2012 Interns

Many of our candidates are still interviewing, but we can, with a fair degree of accuracy, determine how they will do. We project a 60%-65% placement rate, which considering that internships slots are...

7 Syys 201112min

29: A Real Consulting Engagement

29: A Real Consulting Engagement

Most readers have a vague understanding of the lifestyle of a management consultant. It is cultivated by the images consulting firms work very hard to keep up. In this podcast we explain the issues fo...

1 Syys 201137min

28: Advice for Aspiring Female Consultants

28: Advice for Aspiring Female Consultants

The problem with advice for female management consultants is that most of that advice is centered on telling females consultants they need to change to fit into consulting firms. That is bad advice, b...

26 Elo 201119min

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