'elite' Mckinsey

I am the original. Hello all.
Re Mckinsey opportunity, jokers who have doubted it are…well…jJokerz.
Circa 1999, grad school, was made an offer by Mckinsey NYC office. I was already a credentialed actuary. They wanted someone with good analytical skillz like me. I asked about the nature of the job and they didn’t have a good answer.
I had not heard of McKinsey prior to that interaction. So my arrogant young self thought it was some mummy daddy shop. I admit I didn’t do my research. I was already an actuary and getting great offers from several consulting shops. Partly in arrogance, and partly in ignorance, I passed on that offer. In retrospect I’m glad I did. I eventually phased out of actuarial and now working for a private bank.
That’s how I roll.
 
90% sure the opportunities out of McKinsey are 10x what most people could ever transition out of actuarial positions into given equal time. So carrying that assumption forward, I’m not sure you should be bragging up your stupidity in not even knowing who they were.
 
Black Swan Wrote:
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> 90% sure the opportunities out of McKinsey are 10x
> what most people could ever transition out of
> actuarial positions into given equal time.
probably, with 10x workload.
 
Geez, the point was consulting is a scam especially management consulting.
Being a management consultant is like teaching bond trading. ‘Well genius if you know so much why dont you do it yourself?’
 
and when i asked the nature of the job they said, we will solve problems or something like that. as a young student i smelled rat. so i bailed. i am very well positioned now and will not brag further. i finished CQF last year as well.
 
Did you ever get into the U.Chicago program you were talking about 2 years ago ?
 
Eh, whatever. It’s in the past, man.
Anyway, what I’ve always wondered is… are there FO/MO/BO type jobs at consulting firms? I mean, there must be different tiers of positions, right? Or is everyone just a “consultant” and they shove all the menial work to the younger people?
 
mo34 Wrote:
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> Did you ever get into the U.Chicago program you
> were talking about 2 years ago ?
They asked me to take more algebra, calculus etc. which I thought was not fair given my background so I opted not to do that.
 
I think the question on everyones mind is since you got the CQF, how many ‘goddesses’ you rolling with now?
 
@ohai, I work at a consulting firm. They have FO, BO types jobs in a sense. It’s essentially based on whether you are “client facing” or “internal”. Compensation for client facing is higher and the job is more prestigious (travel, etc). But the difference at a consulting firm is that, essentially, anyone can make Principal, one step below partner level, (Principal = secretary, car service, special dinners, etc). I wouldn’t dare say that anyone can make Partner (Not as many internal staff go on to become Partners of the firm).
 
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