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Re: Consulting & Travel (Long Response)
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Posted by Wil W [Email] (#1148) [Profile/Gallery] (more from Wil W) on Tue, 25 Apr 2006 15:41:17 Share Post by Email
In Reply to: Consulting & Travel, NickR, Tue, 25 Apr 2006 12:42:26
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Nick,

I was a consultant for 5 years at a couple of boutique consulting firms. Both firms had "easy travel" schedules. We were one the road at client sites 4 days and 3 nights if possible. At the big name firms, it was usually 5 days at client and 4-5 nights away. I travled 50 weeks a year for 5 years. Also, it is very unlikely you'll get a "home client" (no travel) with no seniority. If you did, it'll only be for a short time as you'll rotate within a few months.

Consulting is great work with good pay if you're ok with the travel schedule. But its also difficult to land a job with any consulting firm: Deloitte, Accenture, PWC, etc. Boston Consulting Group (BCG), Bain, and McKinsey are the top strategy firms and are extremely hard to get into. They usually recruit only the top candidates from the top 5 MBA programs, but sometimes they hire a few from the next 20 schools.

I completed my Full-Time MBA from the Carlson School (U of MN) last spring which is ranked in the top 25. None of the strategy firms recruited there but 1 of my classmates landed at McKinsey through their open recruing program.

I am currently trying my luck at starting up a Venure Consulting business. We help emerging companies with bus dev, corp dev, strategy, fundraising, etc. I have no travel, but almost no pay too. Our fees are usually high risk because we get much of it as % of funds raised and often only get equity.

Look elsewhere if you don't want to travel extensively. Most consulting firms require up to 100% travel.

Sorry for the length, but just my thoughts from my experiences.

Wil W
'02 Aero Wagon
'89 SPG

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