(Related to #1) I like job consistency, and I've started to dislike the idea of switching jobs every couple of months just to be on the bench for another month and repeat and repeat. You will work with senior executives (e.g. And so slow. After spending several years in the consulting industry, strategy consultants possess expertise in functional practices across several industries and have built a strong network with reputable business leaders. on a regular … 2360 Bridge and Structure Design Services 1 Required Prequalification Category: Bridge and Structure Design it can be tricky to get started. First, there is generally more job security in federal employment. Go apply for a new job. While federal jobs are less secure than they used to be, private sector jobs are way less secure than they were in the past. The thing is that in regards to the stuff i'm interested in, there's no scope for that on my project. And you'll feel like a government employee without the benefits. Usually I give out âit dependsâ type of answers, but on this one âjust donât fucking do itâ is more appropriate. Percentage: 5% The least typical of consulting exit opportunities. We Help Businesses with Expert Strategy Kingsmoor Advisors was formed in 2010 to help business owners successfully navigate high-stakes business contexts including mergers, acquisitions, fundraising, legal considerations, and more. Second, being a management consultant is one of fastest learning experiences you can get out of University. While I guess it's nice to get paid for not really doing anything(being on the bench), the main reason why I joined consulting was for the work experience I would gain. as for wanting to explore federal consulting, i would ask you why you want to stay in consulting at all? After graduation, I returned there for a full-time role. What types of exit opportunities would I have? Email: federal@fec-al.com Telephone: 04-239 5414 The hours are great. What about MBA opps? Hedge Funds 3. Change in government is slow and the bureaucracy is huge. However, it does give you the potential to transition to other federal strategy agencies… The problem is a lot of the big consulting firms, ACN, IBM, B4, and others have hiring quotas they need to fill. Press question mark to learn the rest of the keyboard shortcuts. Press question mark to learn the rest of the keyboard shortcuts. Hi, Can anyone provide insight on the public sector consulting practice at Top Firms, Specifically the Big 4. But federal is so slow. And so slow. This contract is scheduled to be advertised on June 2, 2021, with a scope of “N”. The flip side though is sometimes poor projects have a lot to do with the vendor / consulting firm working them. Usually this occurs when people hit Senior Consultant / Associate and they realize they won't be promoted to Manager (or don't want to do it because of work/life balance), so they normally jump into the Federal Government as an employee of their client agency, normally as a GS-12 or GS-13. I've been at Accenture for almost five months and so far I don't like the structure of commercial consulting. Before the advent of the CFA, the MBA was the de facto requirement for the investment industry, but the specialized curriculum provided by the CFA has changed that. In terms of letting people know that I am unhappy with my job, I've spoken with my manager and teammates about wanting more leadership/ ownership on the project, as well as told them the types of problems I like to solve and think about. Edit2: not claiming this is the norm, but one thing I've noticed is that hours are more consistent and lower, and there's plenty of other interesting extras going around to get involved in and gain interesting experiences. Once the necessity of an acquisition was determined, we helped the Etscorns to comprehensively articulate their goals for the business. Someone will be interested, although maybe not at the salary or name brand firm you have now. Other factors such as less hours, less travel etc. Once had one take over 24 months to approval replacing a 2003 server hosted solution with an identically configured 2008 hosted solution. Incredible, intelligent, caring colleagues. Few consultants enter politics and government service directly. How well will a federal consulting background translate to an MBA? Consulting Exit Opportunities. Was screwed salary wise, my project is a bore, and it's been hard to roll off and find projects in line with what I like. The work here is staff augmentation, no doubts about that. This web site is the one-stop gateway to all open market federal business opportunities over $25,000. I've generally always been interested in doing government work. I've been having the same conversations with my client about changing their business processes internally for about a year now, but we have yet to reach a consensus. Entrepreneurship / Startups Long Answer: Firstly, I would advice you not to have any fantasized view on exit options. As a general rule, holding any job for less than a year is bad for your resume. How do you feel MBA programs look at Federal consulting? I've been with Booz Allen for close a year now and I've had the same client the entire time. Do work that matters - Make a difference for the people the U.S. government employs, serves and protects—your friends, family and neighbors. Federal consulting is a farce. Iâve been doing it for around six years. Edited 4 hours ago by GradSchoolGrad It is even worse for consulting. "Beltway Bandits" galore in this field, where if presented with Option A (high quality completion, low quality revenue) or Option B (high quality revenue, low quality completion), Option B will be taken most of the time. Your consultancy may sponsor your MBA and you'll have great exit opportunities. You need to stick it out for at least another year (two, preferably) before the experience will give you any market value. Federal consultant here. You aren't able to experience enough aspects of that job to have really "learned" anything, so the relative value of your position is severely discounted. In regards to other comments about poor quality projects and being poorly led / managed, there is some accuracy there. erpetuate poor performance by ensuring personnel incentives remain nonsensical. The mileage notably varies if these people actually apply what they learned to get those pieces of degree paper. Start a Business. The long term projects and job consistency means i'm not searching for one every couple of months. We have successfully placed a participant in every single season over 7 years and counting. Then there's the government acquisition system, which structures incentives in a very backward way. I am new to the field and I understand the complexities but my main issue is that my region just does not have projects related to my interests. Once you've been at the firm for a year your network will have been built up. ACN has adopted a regional model. From there the hierarchy rises to Senior Analyst, Consultant, Associate Manager, Manager, Senior Manager, and Director. I thought federal consulting seemed interesting so I wanted to learn about how/if it could translate to an MBA. If I was on projects that I liked (which is related to #3) this wouldn't be as bad. Exit opportunities are fantastic. For consulting, some of the exit opportunities are: other consulting firms with higher title, go into industry as IT directors, join existing clients, and the big money is if you develop a niche skillset and become an independent consultant. Response 1 of 1: To another federal contracting company but not consulting. Join Accenture Federal Services, a wholly owned subsidiary of Accenture that brings over 30 years of experience serving the federal government, including every cabinet-level department. The U.S. Army Intelligence and Security Command (INSCOM)offers federal job opportunities in many career fields. On projects, the average age seems pretty low. Was screwed salary wise, my project is a bore, and it's been hard to roll off and find projects in line with what I like. Mostly what I do currently is compliance and provision work (i.e. These 11 consulting firms are the most prestigious management consulting firms. I liked the job at first, but after about a year, I realized that corporate life at a huge company was too slow and full of red tape for me. ), Hope I will get into more consulting type of projects next year when I become a senior. Federal consulting is stable but largely staff aug based so get ready to just feel like a bureaucrat. A longer-term exit approach is to jump to the Federal Government, then jump into the industry your Federal agency oversees (presuming its a regulatory agency like FDA). The result is a government acquisition system that structures RFPs as if they want to waste the taxpayers dollars. I know that involves working with Federal, State and Local Governments. Senior Client Management Consultant - Retirement Plan Services. Private industry takes this money, clocks the hours, never finds a solution, but conveniently diagnoses new problems that are hindering the client's mission, problems that become new RFPs. This isn't the answer you were looking for, but stick it out until after your two-year promotion, then make the jump. I-95 NB Exit 16 on ramp extension and Exit 17 on and off ramp vertical realignment. The Consulting Offer is a program where we train real applicants for their interviews, record the experience, and place them at McKinsey, Bain, BCG, Deloitte etc. HOWEVER, if you are the super driven self-directed type I can see you hating federal consulting. FOLLOW US. : CEO, CFO, etc.) We … I work for a big 4 firm but I'm not feeling my job, for a lot of reasons. Here are some things to consider if you’re thinking of leaving federal employment. It takes some time to build credibility in the Consulting business) Overall, a great place to start your professional career. As I've started consulting I've ran into some problems (mainly due to the region I'm in) and would like to transfer offices where work related to my interests is heavy. New comments cannot be posted and votes cannot be cast, A community for consultants and those interested in consulting, Press J to jump to the feed. These things are generalizations and itâs not always this way. They're not that great. Graduated with an info sys major and previous PM intern experience looking to get into product management role 3 is the same as well, someone with pull can grab you for a project out of region, To provide data points in the past year or two: I've heard of/met consultants getting admitted to Wharton, MIT, Columbia, Yale, Northwestern, Chicago, UVA, UNC. It isn't a long term option but something I know will prepare for an MBA and be a great experience for my career. Thes… The primarily exit opps for federal consulting is the Federal Government itself. Thanks for the response. Then you can weigh the two options and see which is a better fit for your short term and long term goals. Something that in the private sector would have been maybe two meetings and done ran over two years with final approval only coming because of a mandated transition to server certs that werenât supported by 2003 so the person dragging it out no longer had incentive to do so. Most new hires are brought on under the title of Analyst. (which is expected. It's a stable 9-5 and a lot of the times your client is agreeable if a flexible work schedule is proposed; though if you want to climb the ladder there's a lot of internal bullshit you have to put up with and B&D/proposal work is necessary. Youâll also travel less and have more work flexibility and greater work life balance. This is also true for going to another consulting firm; firms generally don't look to take on people with less than a two years of expereince as all that really demonstrates is that you have trouble hacking it in consulting. ... working for a prestigious consulting firm can provide you with a strong network and attractive exit opportunities. What are my exit opportunities out of Federal Technology Consulting? Exit Opportunities Firm Culture Firm Leadership Formal Training Health & Wellness Hours in the Office Informal Training Innovation Interaction with Clients Internal Mobility International Opportunities Level of Challenge ... 2021 Best Consulting Firms for Exit Opportunities … Unparalleled professional development. Consulting Exit Opportunities 2 years of mgmt and systems implementation consulting experience in the federal space. They make it pretty hard to leave too. Commercial sector consulting is the real deal. My issues could just be the structure of ACN but... Federal seems to appeal to me for a few reasons. The projects tend to be much longer and more stable. Working with AFS does not offer the same exit opportunities as working with Accenture Strategy or any of the MBB firms. Would never trade my time at McKinsey for any other role I could've had. If you choose to leave now, you will be hired into an entry level position, effectively losing a year of career progression in the process. If I want to work in these fields, I'm going to need to transfer offices to a different region. it can be a bit of a catch-22. The root cause of the problem is the government itself -- so poorly led and managed. Now if you don't like the feeling of having to jump from project to project then maybe federal consulting is for you. You are too big a risk at this point. Those that do gravitate towards diverse roles, from advising political candidates to direct political appointments (witness Nancy Killefer’s failed attempt to become Obama’s Chief Performance Officer) to campaign work. Usually this occurs when people hit Senior Consultant / Associate and they realize they won't be promoted to Manager (or don't want to do it because of work/life balance), so they normally jump into the Federal Government as an employee of their client agency, normally as a GS-12 or GS-13. That is because Federal rules incentivize projects running over time and budget (managed x long project of y dollars). Private Equity / VCs 2. I don't mind going to a smaller or more specialized consulting firm but I don't have hard skills/ tool experience. Yup! Can you clarify: is this your first position out of undergrad? As someone who has experience and currently am in Federal consulting I think I can give you my point of view. I strongly want to develop more analytical skills but i'm not getting that here. Exit Opportunities. Everything you hate about commercial work is exponentially worse in govt. Many consultants end up becoming CEOs, as the below list of notable alumni shows. Short Answer - Investment Banking and Finance 1. It feels like in a bigger firm it's way harder to chase down the few opportunities that pertain to you, New comments cannot be posted and votes cannot be cast, A community for consultants and those interested in consulting, Press J to jump to the feed. Response 1 of 1: To another federal contracting company but not consulting. The entire value proposition of hiring a consultant for an industry job is that they have seen a variety of companies and have a very well rounded understanding of how a given industry/functional area works. Consider it if: You have a stellar business idea or want a chance to work … Beta.SAM.gov external icon allows you to search thousands of active federal opportunities and register to be notified of newly posted opportunities in your industry. A lot of 20-somethings, then there are a handful of 30-40 year old people and some senior Management folks. Exit opportunities with Federal consulting generally mean a dip in salary in the short run (all comp included --> salary + bonus + in kind cost savings such as extensive free meals + benefits). It's government incompetence masquerading as something useful. Federal Employees, sign in and start posting opportunities Once you've migrated your FBO roles or obtained roles from your agency administrator, start posting Read the Quick Start Guide and start posting your opportunities on beta.SAM.gov As for why I am in consulting? Consulting had always appealed to me more than banking, so I completed an internal consulting internship at a Fortune 100 company. Like a lot of people, I originally wanted to gain experience in different companies in the industries of my interest. The primarily exit opps for federal consulting is the Federal Government itself. if you have specific industry interests and don't like the prospects of change and moving around on different projects, why not looking directly into those industries or areas? My distaste comes from a couple of factors: Although this could be more related to the ACN project structure/demand, I HATE the project search process. Job Security. Please install the slider revolution plugin to display main slider. So i actually finished a year of federal tech consulting, the above was a typo. My career primarily consists of federal consulting with some commercial consulting engagements. I've been trying to speak to people outside of my project to figure out other opportunities available but since i'm not going to roll off for a few months, it's been hard to figure out next steps/ people say they have nothing available. And so stupid. Stay commercial. Third, the government unions perpetuate poor performance by ensuring personnel incentives remain nonsensical. first position out of undergrad. Unfortunately a lot of my job interests (e.g. Thanks. This website lists contract opportunities at CDC and other Federal Agencies. why would an account manager want to bring on someone new without experience? TL;DR - Commercial work is fast paced and dependent on your network. A reliable consultant to Financial Advisors, external third parties and internal team members who services the needs of institutional retirement plan clients and participants, representing over 75 institutional clients and over $10 Billion in assets. After an analysis of consolidation options and careful consideration, the Etscorns were able to find a partner that valued their family’s legacy and was able to exceed their financial expectations. 6. We believe that business owners should have access to the resources they need to make successful decisions for their companies. Incredible opportunity to work on some of the most interesting, challenging business problems across a variety of industries. I network and network, don't find a role, and then get placed on a crappy role unrelated to my interest. I work for a big 4 firm but I'm not feeling my job, for a lot of reasons. The cost of living in the DC area is outrageous. Save yourself some heartache. Beginner salaries can be a bit low. Hi all, excuse me if this question has been asked multiple time already in the past. Financial services, federal) are located outside of the region I am in. It's a short-sighted philosophy in my mind, as once the client knows you'll consistently do Option A, you're in. Therefore, many exit options are available for qualified consultants, some of which include: Corporate Roles This is probably the most common exit option. Federal Employment Benefits. Throughout my career, I've seen many more MBAs both on the fed consulting and fed government side then MPAs. Additioanl information on Exit opportunities and how a public sector consultant is viewed in the industry will be highly appreciated. They are in the top of their industry and are the best firms to work for. are you new to the field? How is it viewed by MBA programs? Many consultants pursue political careers – Bobby Jindal (ex-McKinsey) and Mitt Romney (ex-Bain) are 2 visible examples. 1 and 2 stop becoming a factor when you stop being new and have a better network. The Government is completely incompetent and the acquisition process is a complete shitshow but there are some positives. What have you done internally to let folks know that you are unhappy with the job you are currently on? With so many challenges they are facing, there is no need to prolong a single one to ensure growing revenue. INSCOM also manages the U.S. Army Military Intelligence Civilian Excepted Career Program (MICECP). I'm also a MBA and work alongside primarily MBA folks. Reason #8: You will have great exit opportunities (don’t discuss with interviewer) Finally after two to three years in consulting, you will have fantastic exit opportunities. this directly relates to #1 and #2. once you have some proven experience, you can get involved on more complex and long term projects. One piece of advice to note- if you move to the DC area make sure to try for a large pay bump. So I am a second year tax staff at EY at their Federal Tax practice. There is moderate availability of opportunity for these roles, and high availability of exit opportunity. With less than a year under your belt, you don't have the level of experience that makes a consultant an attractive hire. So although I'm interested in federal consulting, i'm also planning on getting an MBA and I haven't heard much on exit opps for fed consulting. dealing with ASC 740, FIN 48, etc. I've spent more time looking for projects than being on one. The Certified Exit Planning Advisor Program is a five-day executive MBA-style program held by the Exit Planning Institute that trains and certifies qualified professional advisors in the field of exit planning. CEPA® Certified Exit Planning Advisor. I've done federal consulting for 2 years, and I can tell you there are few industries more parasitic than this. It's hard to get started especially coming right out of undergrad.