I have been working at First Manhattan Consulting Group full-time (Less than a year)
From an early time, first year analysts are given tremendous responsibility in the work they produce for clients. The small size of the three groups that comprise the firm allows new hires to own their work and client relationships from the start, an opportunity that might not come for some time at larger firms.
The compensation is competitive. Starting salary rivals that at large management consulting firms; signing and performance bonuses supplement salary to make overall compensation quite attractive. You will work for it, and you'll work very hard, but it is nice to know that the pay reflects the amount of work that you'll do.
Everyone, from the other analysts to the VPs to the senior level management, has been supportive. There has been a distinct pivot away from the traditional "wall street" culture that some other reviewers have criticized; a relaxation of the dress code, the implementation of an Innovation Lab (foosball, darts, beer), and social events are a few of the ways that upper level management have responded. Features such as these break up the long hours and allow colleagues to spend time together outside of work, which in my opinion is a requisite if you're going to be working the long hours of a job like this.
Hours can be quite long, depending on the capacity of the team at a given time. For example, the loss of one or two employees at a firm the size of FMCG can markedly increase the workload of the remaining analysts. As FMCG continues to grow and hire more people, the impact of this will decrease, but for now the workload is generally high to accommodate the growth.
It is not yet clear to me how transferable the hard skills developed at the firm are to other industries or firms. FMCG's bread and butter is Commercial and Retail banking, and specifically, the data-driven analytics FMCG employs to achieve its marketing goals for clients. It remains to be seen for me what kind of opportunities would be available to me if I were to consider leaving the firm. While I have no such plans right now, I think it's important for someone coming out of school, or having only worked 1-3 years since graduating, to consider what they will learn or otherwise add to their resume/skill-set, when deciding on a job.
Advice to Management
Continue to hire in order to decrease the workload shouldered by individuals. Continue to demonstrate your commitment to culture and firm morale. Continue to develop young employees and make clear the opportunities for growth within the firm, so as to reduce turnover of analysts.
I applied online. I interviewed at First Manhattan Consulting Group in October 2016.
Phone interview is a staffing recruiter. Very awkward interview, interviewer didn't know what they wanted to ask, was confused by position, and had rude remarks when asked to explain. Concentrated on downtime in my resume (I had been out of school for a month and left my job 2 wks prior), asked to talk about methodology ( just want to know if you have worked with big datasets). Talk very direct on what they ask (a little behind on how far data has come, only care about quantitative and number crunching, big on "Big Data"), don't talk about your future aspirations( where you see yourself), concentrate on speaking about data mining on Access (the software they use).
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