Search:
search button
BP situation
 
18 posts
28.06.10
The grass is NOT greener
 
10 posts
16.06.10
Accenture outsourcing
 
11 posts
15.11.10
Consulting my way out of here
 
5 posts
16.06.10
Project Management Consultancies
 
8 posts
21.06.10
Accenture Mobile Phone policy
 
10 posts
17.06.10
Hackett Group / PWC / IBM / Deloitte for finance transformation?
 
4 posts
16.06.10
Business Design
 
2 posts
14.06.10
Tell George Osbore what you think he can cut
 
1 posts
13.06.10
Did PA or EDS ever pay for the data losses?
 
33 posts
12.11.10
Politics in consulting
 
4 posts
15.06.10
accenture advice
 
5 posts
13.06.10
case study practice partner
 
2 posts
10.06.10
Heels in the City
 
2 posts
10.06.10
Funny nicknames for consultants
 
17 posts
18.06.10
house: to buy or not to buy?
 
10 posts
14.06.10
house: to buy or not to buy?
 
4 posts
14.06.10
Excel VBA - do I need it?
 
5 posts
15.06.10
Accenture
 
7 posts
11.06.10
What is the pay banding for a people & change senior consultant at EY UK
 
6 posts
10.06.10
Case Study interview preparation
 
1 posts
09.06.10
Working at Simon Kucher & Partners
 
4 posts
07.07.10
career change
 
2 posts
09.06.10
IBM Offer
 
11 posts
10.06.10
Consulting in non-profit orgnizations
 
4 posts
01.07.10
Siemens BBC contract
 
1 posts
09.06.10
Help with difficult client
 
7 posts
12.06.10
Prince2 - do I need it?
 
10 posts
15.06.10
Opportunities @ Booz
 
5 posts
08.06.10
Deloitte TI Assessment Centre Phase
 
3 posts
16.06.10
Which job is safer?
 
3 posts
08.06.10
What is the value of generalist
 
6 posts
07.06.10
PhD with exp - BCG 1st round
 
1 posts
05.06.10
Where to live in London
 
49 posts
05.02.13
Programme Advisory Services
 
1 posts
04.06.10
Equivalent Contract rates
 
7 posts
06.06.10
Accenture no response after 2nd round
 
4 posts
05.06.13
LOC Consulting
 
2 posts
04.06.10
IBM salaries at PRG 7 and 8
 
1 posts
03.06.10
Deloitte associate partner
 
14 posts
20.06.10
what's the next merketing label?
 
12 posts
03.06.10
Merger Booz/A.T. Kearney - ftd reports
 
8 posts
04.06.10
Telling recruiters about other interviews
 
7 posts
04.06.10
Driving licence in IBM
 
2 posts
01.06.10
Question for MBA grads
 
4 posts
03.06.10
Dream job
 
3 posts
02.06.10
Transitioning to Contracting - Notice Period
 
5 posts
06.06.10
Business Ethics in International Consultancy
 
2 posts
31.05.10
Qualifications on CV
 
8 posts
15.09.10
Deloitte Ops vs KPMG Ops Strat vs OW
 
3 posts
17.08.10
 

Consulting my way out of here

 
forum comment
#0 Consulting my way out of here
 
Crossroad Chris
14.06.10 00:00
 
Hi everyone, I was hoping for some advice on the career options i might have after a few years of consulting and corporate finance experience and importantly, how to get out of where i currently am into something new. To summarise my background, I have nearly five years of professional services experience; two at a Big 4 consulting outfit in the US and more recently three years in Transaction Services at another Big 4 in Operations Advisory and Restructuring solutions in London. Fortunately I have done very well in terms of progression and have been promoted consistently to arrive at Senior Manager at 28 after 5 years in the game (next step Director). However, I have absolutely no interest in becoming a Partner (or Director) in any of the consulting or accountancy related services any of the Big 4 offer and the job is really starting to get me down...boring me senseless and getting pretty depressed with it. I don’t think i can handle another report to write, PPT deck to churn or model to diligence. I've decided I need to move on (the easy part) but have limited ideas as to where I could go and what roles I could do in industry (or banking/commercial lending) perhaps with my background? Despite the claims of super-employability, I am failing to believe consultants with my standard career history have anything really to offer in terms of getting roles away from consulting. One careers advisor told me i’d be really suited to equity sales and that I should take the hit in terms of salary, start at the bottom again in some bank and cash in over 3-5 years. I have had similar conversations regarding acquisition finance and any analytical role with a sales twist, rather than locked in a cupboard on client site, reviewing financials or procurement strategy all day. Specifically I wanted your advice as to any experience (first or second hand) you might have of friends / colleagues leaving consulting/corporate finance and the types of roles they went into (and importantly why you think they got them (i.e. relevant client or niche sector experience). I think my ideal job would be a CEO of mid-sized firm so that is perhaps the end goal. The question is, what should I do in the meantime to get there I guess? Any advice will be much appreciated. Thanks in advance, CC
 
Reply

Reply

 
 
forum comment
#0 RE: Consulting my way out of here
 
Reality Check
14.06.10 00:00
 
Five years and you're at Senior Manager Level? Sounds a bit odd to me. IF you have managed to get such accelerated promotion I'm sure you should have some strong skills you can take away. Best generic consulting transition roles for your skill set in banking would be project management work...
 
Reply

Reply

 
 
forum comment
#0 RE: Consulting my way out of here
 
Sales
15.06.10 00:00
 
Senior Manager in 5 years? You would be lucky to make manager in most Big 4 type companies in that time….I digress. Regarding equity sales type role – I recently tried to make the jump after only 2 years working at a Big 4 type establishment. My feedback stated that while I had the perfect skill set for sales, the general consensus was that consulting experience was if anything – a hindrance. Starting “at the bottom” is perhaps not always as easy as you would think. Sales juniors are usually tasked with running around after the experienced salesmen (cold calling etc). If you have been working as a senior management position, organizing people and managing a budget, how are you going to convince a recruiter that you are prepared to forget all that and make coffee for the next 2 years? In my experience, banks don’t want people with experience outside banking – however senior. They want people they can mould, who will thrive on being asked to produce a PPT slide and jump at the chance to type up minutes. Is that you?
 
Reply

Reply

 
 
forum comment
#0 RE: RE: Consulting my way out of here
 
Crossroad Chris
15.06.10 00:00
 
Thanks for your responses, I am in fact at Manager level, not Senior Manager (Associate Director in CF) at 28 and was the youngest to make the grade last year in the county. My progression has been mainly due to a good move between firms jumping grades and having a good mix of projects to tick the boxes with in terms of promotion. I don't expect to climb anymore anytime soon, hence the look around at something new.Reality check; to be honest, I could probably get a job in a PM role in house somewhere (have thought operations in banking perhaps) but it would just be consulting without the project variety (i.e. PPT, change management, workshops...all the stuff I moved into a corporate finance role for). WRT to Sales' response; maybe that isnt a bad thing, to go back to the bottom again. I am pretty sure relative to the average grad my experience would help me get up the ladder reasonably quickly and that my earnings wouldnt be too different either.Have you any experience in broking or sales? Any advice as to who i could speak to about getting any insight in terms of recruitment agents etc...?Thanks in advance.
 
Reply

Reply

 
 
forum comment
#0 RE: RE: RE: Consulting my way out of here
 
eb
16.06.10 00:00
 
You may be willing to start at the bottom.Convincing a recruiter is something else entirely.
 
Reply

Reply

 
Return to the top of page.

ThreadID: 0