John Eielson ’92 shared lunch and some frank advice about the consulting industry with a group of Yale SOM students on January 30. Eielson, a partner with OC&C Strategy Consultants, talked to students about how to determine whether a firm is a good fit and how to get on the radar of firms they like.
“These are the questions I wish I knew to ask before I went anywhere,” Eielson said:
- The type of work—is the firm oriented toward strategy or cost reduction?
- Travel requirements
- Potential for career growth—i.e., partnership opportunities
- Pay. While entry-level pay is similar at most firms, there are big differences at the partner level.
- Reputational value. If the job is going to be a stepping stone, you want a well regarded firm that will help open doors to future opportunities.
Eielson told students that MBAs with previous consulting experience have an edge in getting hired, but strong analytical skills, a genuine interest in the sector, and persistence pay off, too.