consulting in canada
to give u some background, i was set on IB however after doing an internship at a decent consulting firm in europe (milan) it was mostly virtual due to covid unfortunately however i really liked the job and i can see myself doing it for a career, now i am considering to go for a masters in canada (for personal reasons not only for a consulting job) since i dont want to stay in italy even if i can find a job with the firm i interned at since salaries are really low compared to other countries (just one of the reasons there are other stuff too) so i just want to have an idea about the target schools, how the recruiting process works and if a masters in economics (not b-school) can give me a decent chance if I go to a good Canadian university. of course we are talking about MBB,T2 and Big 4 or good boutiques, thanks!
I have experience with both T2 and MBB in Canada, so can shed some light here. Generally speaking, it's not easy to break into MBB/T2 from a masters program in Canada. Your odds are better if it's an MBA at a Canadian target MBA program (Rotman, Ivey, Queens, roughly in that order), but even then, your odds are higher if you're at a higher ranked non-Canadian MBA (e.g., T10 MBA in the US). For non-MBA masters, it's even more challenging from what I've seen. There is not really such a thing as a target non-MBA masters for Canadian MBB/T2 recruiting. It's possible, but will require networking and some luck to land interviews.
The other thing to note is that if you're post-masters, they'll likely bring you in at the Business Analyst equivalent (*maybe* senior business analyst equivalent). All MBA graduates go directly to the post-MBA position (Associate / Consultant equivalent).
Big 4 is more amenable to a broader range of masters programs (MBA or otherwise) including schools like Schulich, Mcgill, UBC, etc. You'll still likely be brought in below the MBA level if it's not an MBA program though.
thanks for the insight, yeah exactly i would go in either as a business analyst or maybe an associate consultant, from what i saw on linked in these roles are for undergrads and maybe masters students mon-mba
the thing is mcgill, ubc , western and university of calgary are my real options for an MA in economics i know it would be hard to land in a top consulting firm but i figured if I have a good gpa, networked my ass off, joined the consulting club and tried for an internship at a consulting firm i would have a chance, also one thing i saw that a lot of people started at lower tier consulting firms and then lateraled to better firms which is also doable, I have a decent resume so i will also be building on it in my MA program, good thing i noticed is that consulting jobs in canada revolve around the financial industry which is a good thing for me since i have decent finance experience too which i can twist in my favor
For sure, I'd just recommend applying broadly. MBB/T2 seats in Canada super limited since it's more or less just one legitimate office for each (Toronto), so certainly shoot for the top but also apply to Big 4, Accenture, etc. As long as you don't go in with an "MBB/Kearney/OW or bust" mindset, it sounds like you'll be successful in landing somewhere good. Big 4 and Accenture have strong financial services groups in Toronto, so I think you'll be in a good spot during recruitment.
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