Breaking-into-Consulting-with-a-Top-Global-MBA

Published on
Embed video
Share video
Ask about this video

Scene 1 (0s)

[Virtual Presenter] Welcome to Leap Quest's training on Breaking into Consulting with a Top Global MBA. Throughout this presentation, we will be discussing the various resources and opportunities offered by Leap Quest for ambitious MBA students who are striving to enter the world of elite consulting. As an MBA student, you are already on the path to a successful career. However, with the assistance of Leap Quest, you can elevate your career to the next level and enter the realm of elite consulting. This is not simply a job, but an elite leadership track that opens doors to high-impact strategy, access to top executives, and global mobility. With a strong presence in key regions such as the USA, Europe, Asia, and Australia, our commitment is to provide top MBA students with the necessary tools and guidance to break into the world of elite consulting. Our global network and expertise in the industry will give you a competitive advantage to achieve success. As we delve deeper into the world of elite consulting, we will explore the specific resources and opportunities that Leap Quest offers, and how they can support you as you embark on your journey. Our mission is to help you reach your full potential and jumpstart your career in the world of elite consulting. We understand that entering this industry can be overwhelming, but with the right resources and support, it is possible. Join us on this journey and allow Leap Quest to be your launching pad into the world of top-tier consulting. Are you ready to take a leap towards your dream career? Let's begin our quest together!.

Scene 2 (1m 44s)

[Audio] We will now focus on our host for this journey, Ankit Verma. Ankit is a Manager in Technology Consulting at EY India and has over 11 years of diverse consulting experience. He has worked at EY, Deloitte, and MetLife. Ankit pursued an MBA at NUS Business School in Singapore and gained additional skills through internships at PwC Singapore and Singapore Exchange. With a GRE score of 332 out of 340, Ankit is among the top percentile worldwide. Ankit's remarkable achievement with Leap Quest is securing admissions to five top schools, including IIM Ahmedabad (PGPX Convert), ISB, NUS Singapore, HKUST, and IMD Switzerland. Ankit is an exceptional mentor for aspiring consultants, as he embodies a combination of consulting excellence and application strategy mastery. Through Leap Quest, he has successfully guided many applicants to gain admission to elite schools and launch successful careers at top consulting firms such as MBB. Prepare for your own Leap Quest and benefit from the expertise and experience of Ankit Verma..

Scene 3 (3m 0s)

[Audio] The field of consulting offers endless career opportunities for MBA graduates. With a degree from a top global institution and the chance to work in a prestigious industry, it's no surprise that consulting is a popular path for many MBA graduates. On top of the prestige, consulting firms offer highly competitive compensation and benefits, with starting salaries ranging from $165K to $192K and various bonuses and perks. But it's not just about the money. Consulting also provides a fast track to leadership positions. With the opportunity to quickly move up the ladder and gain valuable skills and experience, MBA graduates can excel in the consulting industry. The work itself is challenging and dynamic, allowing for rapid personal and professional growth. And when it's time to move on from consulting, there are numerous opportunities in other sectors, as the skills and networking gained in this field are highly sought after. So, instead of asking "why choose consulting after an MBA," it's more fitting to ask "why not?".

Scene 4 (4m 11s)

[Audio] MBA students in today's competitive job market are constantly seeking opportunities to break into elite consulting. One of the most attractive aspects of this industry is the potential for high salaries. This presentation will unveil the average base salaries and bonuses for consulting at top firms in the industry. These numbers are subject to change based on factors such as job performance and location. First on the list is McKinsey, with an average base salary of $165000 and a bonus of $35000. Following closely behind is Bain & Co., with the same base salary but a higher bonus of $40000. BCG also offers an average base salary of $165000 with a bonus of $41,250. EY-Parthenon stands out with a base salary of $170000 and a bonus of $34000. Strategy& offers a base salary of $168000 with the highest bonus on this list of $55,400. Deloitte, on the other hand, has a lower base salary of $135000 but still offers a respectable bonus of $20,700. Lastly, Accenture has a base salary of $155000 and a bonus of $45000. As shown, consulting salaries can vary greatly depending on the firm and other factors. This information is valuable for those considering a career in elite consulting, and further details will be discussed in the following slides..

Scene 5 (5m 55s)

[Audio] Slide number five focuses on the top consulting-focused MBA programs in the United States. These schools have a high percentage of students pursuing consulting careers and have been successful in placing graduates in top consulting firms, including MBB (McKinsey, Bain, and BCG). Harvard Business School is at the top of the list with 24.3% of students entering the consulting field and an impressive 93.1% placement rate in MBB firms. MIT Sloan has a slightly higher percentage of students, at 31%, entering consulting, with an 85.7% MBB placement rate. Kellogg, another top MBA program, has 39% of students pursuing consulting and a 70.2% MBB placement rate. Booth also has a high percentage of students (38.6%) entering consulting and a 68.1% MBB placement rate. Wharton has 24% of students pursuing consulting and a strong 77.7% MBB placement rate. These schools stand out from other MBA programs due to their elite consulting clubs, which provide valuable case preparation led by alumni, MBB-exclusive treks, and established interview pipelines to give their students the best chance at securing jobs in top consulting firms. The next slide will further explore what makes these schools stand out in the world of elite consulting and provide tips on how to become a competitive candidate in this field..

Scene 6 (7m 44s)

[Audio] There are a number of additional U.S. schools that have a strong reputation in the field of consulting. Although they may not have ranked in the top 5, these schools still have a strong track record of preparing students for successful careers in consulting. One example is Columbia Business School, where 33% of graduates enter the consulting field and 65% land jobs with top firms like MBB. These graduates can expect an impressive median salary of $190000. Duke Fuqua follows closely with a 30% consulting placement rate and 58% MBB placement rate, with a median salary of $185000 for consulting graduates. Michigan Ross is in third place, with a 28% consulting placement rate and 55% MBB placement rate, and a median salary of $180000 for their consulting graduates. Berkeley Haas ranks fourth, with a 27% consulting placement rate and 50% MBB placement rate, and a median salary of $188000. Dartmouth Tuck rounds out the list with a 32% consulting placement rate and 60% MBB placement rate, and a median salary of $190000 for their graduates. What sets these schools apart from the top 5? One factor is their strong presence in regional consulting markets, which provides more opportunities for hands-on experience and job placement. Additionally, these schools offer dedicated career services and alumni networks specific to the consulting industry, offering students access to valuable resources and connections to launch their careers. Don't overlook these schools beyond the top 5 - they may be the perfect fit for your consulting career goals. Next, we will explore the application and selection process for these programs..

Scene 7 (9m 45s)

[Audio] Slide number 7 of our presentation on Leap Quest focuses on the top MBA schools in Europe for MBB placement. INSEAD leads the pack with 61% of their students securing jobs at MBB firms. LBS closely follows with 34% of their students landing coveted MBB positions. HEC Paris is also a strong contender, with an estimated 40-50% of their graduates working in the consulting field and a median salary of $120,046. IESE and IE also hold their own, with moderate MBB hires at 35% and 25%, respectively. However, their median salaries are slightly lower at $111,370 and $87,600. These top MBA schools in Europe boast a strong track record for placing students in elite consulting firms, demonstrating their high-quality education and resources. On the next slide, we will continue to explore the opportunities and resources offered by Leap Quest for top MBA students..

Scene 8 (11m 0s)

[Audio] Slide number 8 of our presentation on Leap Quest and the top global MBA programs for elite consulting focuses on the top programs in Asia. These programs are excellent launchpads for a successful consulting career. The first program on our list is INSEAD Singapore, offering a competitive edge for graduates with a median salary of $134000 and global access to top consulting firms. The 10-month program duration allows for a quick transition into the consulting world. Next is NUS Singapore, with a median salary of $120000 (estimated) and regional access to MBB firms. The 17-month program provides a more in-depth understanding of the Asian consulting market. Moving on to HKUST, with a median salary of $100000 and a focus on the Asian market, the 12-month program offers valuable insights and connections within the region. CEIBS in China is another top contender, providing a median salary of $100000 and access to both local and international MBB firms. With a program duration of 18 months, students gain a thorough understanding of both the Chinese and global consulting markets. Lastly, IIM Ahmedabad PGPX offers a median salary of ₹34-38 LPA and a focus on the Indian market. This one-year program allows students to tap into the fast-growing consulting market in India and gain valuable experience in the region. These programs are strategically positioned to supply top talent to the increasingly competitive consulting markets of Southeast Asia, China, India, and the Middle East. They offer a unique blend of global exposure and regional specialization, making them a prime choice for those looking to break into elite consulting. Stay tuned for our next slide where we will discuss the top programs in the Middle East..

Scene 9 (13m 7s)

[Audio] Slide number 9 discusses Australia's Strategic MBA Options, focusing on the top programs that can lead to a successful consulting career. The first program we will examine is Melbourne Business School (MBS), which has an average salary of $128000 AUD and a strong presence among top consulting firms, including MBB. The program also has a global outlook and a focus on Asia-Pacific placements. Next, we have AGSM (UNSW), which also has a strong presence with MBB and an average salary of $120000 AUD. This program stands out for its connections with tech and government consulting firms, providing a unique and diverse learning experience. Australia offers several reasons for consideration for your consulting MBA. Firstly, the country offers a clear pathway to permanent residency, making it an attractive option for international students. Additionally, the consulting market in Australia is expanding, providing more opportunities with top firms and boutique consulting firms. Lastly, the efficient 1-year MBA format allows for a high-quality education in a shorter amount of time. Therefore, if seeking a top MBA program with a strategic pathway to a successful consulting career, Australia is a worthwhile option to consider. The presentation will now continue with our top global MBA resources and opportunities..

Scene 10 (14m 47s)

[Audio] This slide discusses top tier-2 consulting firms that are expanding their scope. The first firm on the list is Strategy&, a subsidiary of PwC, which offers a base salary of $168000 and a bonus of $55,400. Next is EY-Parthenon with a base salary of $170000 and a bonus of $34000, known for its focus on technology and innovation. Kearney, offering a base salary of $168000 and a bonus of $42000, is also well-known for its training and development programs. Accenture Strat. has an average base salary of $155000 and a bonus of $45000, with a strong global presence and a variety of consulting services. Finally, Oliver Wyman offers a base salary of $160000 and a bonus of $32000, known for its collaborative and inclusive culture. These top tier-2 consulting firms offer competitive salaries and bonuses, as well as diverse and innovative work opportunities, making them a great option for MBA graduates. Stay tuned for more valuable information on consulting opportunities in the rest of the presentation..

Scene 11 (16m 14s)

[Audio] At Leap Quest, we have a thorough understanding of the difficulties that top MBA students face when attempting to enter the elite consulting field. This is why we have designed a 4-stage plan for achieving success with MBB firms. The first stage involves personalized school selection. We recognize the significance of post-MBA goals, MBB focus, scholarship opportunities, and GMAT/GRE scores in one's consulting career. That is why we collaborate with you to create a tailored list of schools that align with your objectives and strengths. Followed by that, we concentrate on storytelling and essay writing. We help you present your past experiences in a manner that is suitable for consulting. With our assistance, you can effectively showcase your accomplishments, leadership journeys, and transferrable impact that will impress top consulting companies. However, our guidance doesn't end there. We also provide mock interviews and case drills to prepare you for the MBB-style behavioral and case interviews. Our simulations include feedback loops to ensure continuous improvement and mastery of your skills. At Leap Quest, we are committed to empowering you to enter the world of elite consulting. Our 4-stage strategy equips you with the necessary tools for success and helps you make your mark in the consulting industry. So don't hesitate, join us on this journey and take your MBA to new heights..

Scene 12 (17m 50s)

[Audio] In this slide, we will be discussing the success stories of Leap Quest in the field of consulting. The program has provided numerous resources and opportunities for top MBA students across the globe to achieve their desired careers. Let's take a look at some recent success stories. Our first story features an engineer with a GMAT score of 660 who was accepted into INSEAD and joined BCG in Paris. Our next story features a doctor with a GMAT score of 700 who successfully got into HEC Paris and joined Strategy&. The program has also supported a startup founder with a GMAT score of 720 to enter ISB and join Deloitte. Additionally, a techie with a GRE score of 325 was accepted into Ross and joined EY-Parthenon in New York City. It's worth noting that our program also caters to individuals from various backgrounds, as seen with an army officer who joined IIM-A PGPX and is now a member of Accenture Strategy. Our team at Leap Quest comprises of ex-MBB consultants, B-school alumni, and award-winning editors who are dedicated to helping individuals achieve their dreams in the field of consulting. We have more inspiring success stories to share on the next slide..

Scene 13 (19m 13s)

[Audio] Slide number 13 discusses the benefits of choosing Leap Quest as your partner in your MBA application journey. One of the main reasons to choose Leap Quest is our end-to-end support. We understand that the application process can be overwhelming, and we are here to guide you through every step. Our services range from building your profile to providing post-admission guidance, ensuring no detail is overlooked. Our personalized approach is based on proven methodologies that have consistently yielded results. We tailor our strategies to highlight your unique strengths and address any weaknesses in your application. However, it is not just about strategies and techniques. At Leap Quest, you will have access to our extensive network of alumni and industry experts. This network offers valuable insights, mentorship opportunities, and potential career connections. By choosing Leap Quest, you become part of a global community that will support and guide you throughout your MBA journey and beyond. So why choose Leap Quest? Because we believe in your potential and are committed to helping you achieve your goals. With our end-to-end support, proven methodologies, and unparalleled network, we are confident that Leap Quest is the perfect partner for your MBA application journey. Thank you for considering us..

Scene 14 (20m 42s)

[Audio] In this segment, we will address common questions about Leap Quest. We can help with low test scores and have strategies for strengthening other application aspects. We also assist with scholarships and have a strong track record of securing funding for our clients. At Leap Quest, we are proud of our personalized and unlimited support for clients, thanks to our vast network of experts and alumni. We understand the overwhelming MBA/MS application process and are here to address any concerns or questions. Our expertise and resources can guide you with low test scores, scholarships, and our value proposition. Our personalized approach ensures success in your application journey. Stay tuned for our final presentation segment, where we will share success stories of our top global MBA students..

Scene 15 (21m 34s)

[Audio] Slide 15 is the final step on your Leap Quest journey. You have received expert insights on your standing and potential for top MBA/MS programs. It's time to commit to your roadmap as our team works with you to develop a personalized strategy for your application journey. This is where the real work begins. With our support, you can take the next step towards your dream of entering the world of elite consulting. The first step is to schedule a free profile evaluation with our experts. This will give you a clear picture of your current standing and what you need to do to achieve your goals. It's crucial to have a solid understanding of your strengths and weaknesses before moving forward. Once you have this insight, it's time to commit to your roadmap. Our personalized strategy will be tailored to your unique aspirations and current profile. Our team will guide and support you in making your application stand out to top business schools. Your journey to a top MBA or MS program starts now. With Leap Quest's resources and opportunities, you have the tools to reach your full potential. Take the leap and start your quest to success today..

Scene 16 (22m 47s)

[Audio] As our presentation comes to a close, we would like to express our gratitude for your participation in our exploration of the world of elite consulting through Leap Quest. Our goal is to connect top MBA students worldwide with the necessary resources and opportunities to enter this competitive field successfully. With Leap Quest, you have the opportunity to expand your horizons and advance your career to the next level. Don't hesitate any longer, take the leap and reach out to us today via phone at +91 9353256447 or email us at [email protected]. Alternatively, you can also visit our website, theleapquest.com, to learn more about our services. We are eager to begin this journey with you and assist you in reaching your full potential. Thank you for your attention and we eagerly anticipate joining you on your personal leap quest. Best of luck!.