A young consultant's guide to landing a virtual internship at McKinsey, Bain, PwC, and other top firms that pay big salaries
One way to get a full-time offer at a consulting firm is through a summer internship.
According to a 2017 LinkedIn report, the management consulting industry is among the top two fields that turn internships into full-time positions, as firms have a conversion rate of about 38%. Despite the pressures placed on the industry by coronavirus, giant firms like Bain, Boston Consulting Group, and PricewaterhouseCoopers (PwC), have extended full-time offers to their 2020 internship classes.
But thousands of college and business school students will likely experience delayed start dates, shortened curriculum, and virtual internships as a result of the health crisis.
Business Insider spoke with top firms and created a guide for anyone who wants the latest update on how consulting firms are adopting virtual recruitment cycles, revamping internship programs, and approaching hiring after the pandemic.
Business Insider regularly interviews experts on how to land a job in management consulting. You can read them all by subscribing to BI Prime.
Highest-paying internships: 8 consulting firms where MBA students can earn more than $30,000 during their internships
Virtual internships: Jobs for thousands of young consultants are being upended. From delaying start dates to cutting internships, here's what 8 top firms, like Deloitte and McKinsey, are doing.
Interning at Deloitte: Deloitte is delaying many of its full-time hires and scaling its summer internships back to a 2-week online intro course
Networking opportunities: Meet the 38 consultancy stars disrupting the $130 billion industry and solving problems for clients in crisis
Interning at Boston Consulting Group: Top consultancy BCG is letting students pursue a side hustle for their summer internship as it salvages programs for young consultants amid the lockdown
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