Hello everyone,
I am currently exploring opportunities to join a strategy consulting firm in the GCC as a junior consultant.
While I secured referrals from partners at McKinsey, Oliver Wyman, and BCG, I have been advised to postpone applications until September due to a market slowdown. Meanwhile, my application to Strategy& was unsuccessful after their online assessment stage.
From what I understand, Saudi Arabia is reassessing its investment strategies in response to public budget deficits triggered by declining oil prices. This has led to a hiring freeze at several firms, particularly for junior positions, with only senior roles being considered.
Given these circumstances, do you think the consulting market in the GCC will rebound in the near future? What factors should I monitor closely? Additionally, how can I enhance my candidacy during this waiting period? Are there alternative career paths that I should consider?
As an alternative, I am applying to sustainability consulting firms in Europe, where regulatory changes have sparked significant demand for these services.
I appreciate any insights or advice you can provide!
Thank you