First Manhattan Consulting Group

www.fmcg.com
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First Manhattan Consulting Group Reviews

Updated January 6, 2015
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2.6
6 Reviews
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James Mc Cormick
2 Ratings

Employee Reviews

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  1. You will learn a lot, but you will work for it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at First Manhattan Consulting Group full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    You will play a significant role on high level projects immediately. Many of the projects were directly for CEOs, CROs, CFOs, Business leaders, etc. If you can stick around, you will learn a lot.

    Cons

    The amount of work that you do will frustrate you. You will be paid higher bonuses than other consulting firms, but you will work significantly longer hours (not as many as the hours in investment banking, but a lot). The culture is also demanding and makes you feel guilty for saying "no."

    Advice to Management

    Management should take a step back and let lead partners run projects the way they want to. If not, then be more involved early.

  2. It was a bit of a sweat shop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at First Manhattan Consulting Group

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    They pays pretty well for consulting

    Cons

    Kiss your life goodbye - you'll be working all the time

  3. Learn a lot

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at First Manhattan Consulting Group

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    A lot of smart people

    Cons

    Not many I can think of

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  5. Helpful (1)

    If you can survive, you will learn a lot

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Analyst in New York, NY
    Former Employee - Senior Analyst in New York, NY

    I worked at First Manhattan Consulting Group

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    There are growth opportunities that are unheard of at FMCG. You are thrown into the fire from day 1 and it is on you to push forward your career and learning opportunities. Since the firm is so small, there are many opportunities for "reach" opportunities and you are more often going to be in meetings with senior leadership than not.

    Cons

    You will not sleep, you will not work out, you will only eat Seamless Web dinner for the entire duration of your tenure. You are compensated to work 20 hour days 6 days a week and they take advantage of that fact.

    Advice to Management

    I believe that hiring a few more people would lighten the work load and allow for a better work life balance. However, the number one change must be the management style of the managing VPs from a system based on turnover to a system which values experience, tenure, and maturity.

  6. Great People, Not-so-great Projects

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY

    I worked at First Manhattan Consulting Group

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    -Good compensation
    -Fast development opportunity
    -Comprehensive feedback given at the end of projects with the reviews
    -Nice and fun people to work with, no back stabbers
    -Fun work events on Fridays, happy hours and trips

    Cons

    -You do not get to understand the details of the project you are working on. You only get the chance to work on an itsy bitsy detail, rather than understanding and bonding with the project
    -Long work hours
    -Not many travel opportunities, also nearly zero client interaction
    -Management busy with their own issues rather than spending time with junior staff members on their personal problems

    Advice to Management

    Should give lower levels more chance to learn the real deals of a project

  7. Incredibly smart coworkers, horrendous work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at First Manhattan Consulting Group full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    I was impressed by the intelligence and work ethic of every person at the manager through senior engagement manager level I had the opportunity to work with at FMCG.

    Cons

    The idea of work-life balance is absolutely non-existent. You are treated as if you are owned by the firm and will will be expected to work incredibly long hours - working past midnight and on the weekends is common. You will be told the opposite during the interview process - in fact, much of what you are told during the interview process will be false.

    Advice to Management

    It's time to oust Jim McCormick and rethink your entire business model. This is not Wall Street in the '70s or '80s. There is no way you can sustain the business and continue to treat people the way you do.

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