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The Frankel Group Reviews

23 reviews

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4.6
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The Frankel Group Founder Barry R. Frankel
Barry R. Frankel
5 Ratings

23 Employee Reviews

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  1. "A growing, entrepreneurial firm for people who love the life sciences and business"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Cambridge, MA
    Current Employee - Consultant in Cambridge, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Frankel Group full-time (Less than a year)

    Pros

    Some of the key reasons to choose Frankel Group include:

    Caliber of the people: Colleagues at the Frankel Group are some of the sharpest in the life sciences industry and have extremely deep domain expertise and business insight. You’ll learn something from them every day.

    Content of the work: You will work on highly engaging, challenging projects for life science investors, startups, and mid-size and large- companies. Recent project work has included:
    • A science and commercial-based prioritization of indications and assets for a leading global pharmaceutical company
    • A technology development and strategic partnering/fundraising strategy for an early-stage technology spinout
    • A royalty stream investment due diligence for a leading healthcare private equity investor

    Opportunities for growth: Frankel Group is a meritocracy. As the firm expands headcount and offices, there are plenty of opportunities for personal and professional growth.

    Engaged alumni, who you’ll meet as clients, at social events, or when their company uses one of the board rooms for a meeting.

    Fun, open working culture and flat org structure.

    Transparent and extremely well-managed firm.

    Cons

    Some benefits are lacking (such as cell phones, which are used regularly for work)

    Advice to Management

    Please keep doing what you are doing - bringing in interesting, challenging projects and fostering a fun, transparent and overall great place to work.


  2. "Great company where everybody knows your name"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Frankel Group full-time (More than a year)

    Pros

    Open door policy in management from MDs to Principals. Given the chance to express ideas and opinions. Opportunity for growth

    Cons

    Work can be tedious. In need of better health benefits.

    Advice to Management

    Keep up the great work!!


  3. "Challenging, interesting life sciences strategy consulting work at a supportive, collaborative firm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Cambridge, MA
    Current Employee - Consultant in Cambridge, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Frankel Group full-time (Less than a year)

    Pros

    Flat org structure - The opinions of staff at all levels are a respected and valued part of every project, and everyone's door is open if you need help on an assignment.

    Strong professional development - From the training you get in your first week to the debriefs after each project to your annual review, FG always makes sure you know where you stand and what you need to do to improve.

    Great corporate culture - We have a casual in-office environment and enjoy spending time with each other outside of work, whether that's a pumpkin carving event at Halloween, the annual holiday party, or (no, really) trampoline dodgeball in the summer.

    Generalists within the life sciences - we don't work with one type of client or on one type of project. You'll get exposure to products at every stage of the life cycle, and to companies as small as single-person start-ups or as large as the major pharma manufacturers.

    Cons

    Two-project model sometimes can make it difficult to juggle priorities. It just takes a little while to get used to this process, but as long as you advocate for yourself you can find a balance.

    There are the standard tradeoffs of working for a smaller firm (i.e., less access to more costly secondary resources / databases), although this has yet to actually impede a project I've been on

    Along the same lines, there are the standard tradeoffs of working in client services. You'll have some long nights and some unpredictable weeks, but the firm works hard to keep everyone's staffing manageable so that no one person is swamped for too long.

    Advice to Management

    Keep doing what you're doing - stay transparent with employees about our individual progress and the direction of the firm overall. And please add 1-2 more firm holidays to the calendar!


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  5. "Great company."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at The Frankel Group full-time (Less than a year)

    Pros

    Small company environment is great, as is open door policy of management. The majority of the work is interesting, and the lack of constant travel common to other consulting firms is a huge plus.

    Cons

    Hours are good for a consulting firm, but are very unpredictable. The work is generally interesting, but can be tedious at times. Management styles vary among the senior staff, and figuring out your role at the beginning of a project can be an interesting endeavor.

    Advice to Management

    Keep up the open door policy


  6. "Intellectually stimulating and opportunity to work specifically in life sciences with casual close knit atmosphere"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in New York, NY
    Current Employee - Consultant in New York, NY
    Recommends

    Pros

    Intellectually challenging, strategic thinking, casual atmosphere, cohesive team approach, great management, open door policy through MD's, opportunity for professional growth

    Cons

    Some long hour weeks, sometimes resource constrained due to small company nature


  7. "Perfect combination of science and business"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in New York, NY
    Current Employee - Consultant in New York, NY
    Recommends

    Pros

    - The greatest Frankel Group asset are the people - they are not only smart, hardworking, passionate about life science which makes the work easier but they are fun and take life in stride which makes the process easier as well
     - The two project model allows you to get exposure to various types of projects and different parts of the industry

    Cons

    One of the downsides is that it is client-based thus you are held accountable to produce at all times. Combined with the rigor of the analysis, this can sometimes mean long hours which is typical of any consulting job

    Advice to Management

    Continue to focus on maintaining culture & recruiting the right people as this is where I feel strength of the firm lies


  8. "You will learn a ton about the life science industry and you will have a lot of fun throughout the process."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends

    Pros

    Bright and friendly co-workers, laid back culture, and very supportive management.

    Cons

    Exposure to c-suite level in big pharma companies is limited.


  9. "The Best Life Science Consulting Firm - Hands Down!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends

    Pros

    The singular best reason to work at the Frankel Group is the people, or as it is often referred to “The Frankel Family.” Frankel is a group of extremely smart and dedicated individuals, who I also consider some of my very good friends. The open door policy helps to create a collegial environment that makes work feel like a “group project” as opposed to “work.” Imagine it as being on the A-team for a class project, you’ve got the best of the best…and everyone is dedicated to getting things right – it’s hard work but also an incredibly rewarding experience. Additionally, the wide range of projects across the value chain ensures a continual learning process.

    Cons

    The “cons” are more general to consulting as opposed to the Frankel Group. Work hours can be unpredictable, which makes it difficult to always hit an ideal work/life balance. Although vacations are respected, the degree to which you are able to fully “unplug” can be project dependent. There are some downsides to working at a small firm, smaller project teams can require more senior staff to periodically do some “grunt work” (take interview notes, etc)

    Advice to Management

    Keep up the good work! I’ve always been impressed with how quickly management will acknowledge and address anything that is brought to their attention (ranging from compensation, promotions, training, snacks in the kitchen, anything!).


  10. "The Frankel Group is a great place to work if you are looking to make an impact in the business of science"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends

    Pros

    Great culture, meaningful work relationships, good opportunity for promotion: This is a place that you will work hard, but play hard too. There is a great functional working culture here

    Cons

    Sometimes long hours are necessary to get projects completed on client deadlines. This is a function consulting as a whole and not specific to The Frankel Group

    Advice to Management

    I would say that given the structure of the organization, there are really a number of bosses with different work styles. This can be hard to figure out when an employee first starts, but gets easier the longer one stays at The Frankel Group


  11. "Do or do not; there is no "try""

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Recommends

    Pros

    Anyone can gain direct contact to the Managing Director level, and both they and the administrative staff are incredibly open to change, improvement, and new ideas. The work you do here will challenge you and your colleagues will test you daily on your data / recommendations, but this provides constant opportunity to stand out through hard work and ingenuity. Hard work ALWAYS goes recognized, with everyone from Managing Directors to Associates carrying forward a culture that is admirable for its attribution.

    The Frankel Group is still a small enough firm to feel like a family, but a large enough firm to tackle any engagement from any client in a way that routinely finds things that other, multinational consultancies miss. I regularly see my teams outperform global firms in both pitch meetings and final deliverables.

    Cons

    Same as any consulting gig: hours and energy, stress and so on.
    There were formerly weaknesses in the internal system for professional development, but the administrative staff have addressed it excellently and it is progressing towards more transparency and clarity.

    Advice to Management

    Be careful to maintain the FG culture - it's great now, but I often hear how it's not what it was 4 years ago. Granted - nothing is as it was 4 years ago - but it's something to keep in mind. FG's culture helps it incorporate new people seamlessly and make them feel valued. Maintaining that requires occasional introspection


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