Posted on 03/09/2003 7:31:07 AM PST by drZ
NEW YORK (March 8) - Chelsea Clinton will start a six-figure consulting job after she receives a master's degree from Oxford University later this year, Newsweek magazine reports on its Web site.
The daughter of former President Clinton will work in the New York office of London-based McKinsey & Company, newsweek.com reported Friday.
Clinton, 23, accepted the position Friday after she reportedly turned down McKinsey's offer of $100,000 a year to work at its London headquarters, according to the Web site.
A spokesman for McKinsey did not immediately return a call for comment Saturday, nor did Bill Clinton's office.
Clinton, who is studying international relations at Oxford, will be one of 5,000 McKinsey consultants worldwide who research topics ranging from health care to corporate finance.
03/08/03 15:39 EST
In all fairness, her academic background, at least on paper, is the sort of background McKinsey (and BCG, Booz, Bain, the really picky ones) tend to hire for first year associates. Being Chelsea Clinton is a bonus, but probably not the only reason.
I love these threads...really shows the hypocracy of FReepers...don't touch Bush's daughters, but call Cheslea a bitch because she got a goof job?
Not bad for dumb blond Arkansas trailer trash w/ no figure and a clock stopper for a face.
A job she's not qualified to do...
100K is in-line for entry level first year associates at the top strategy consulting companies. So, yeah, most of the 5000 McKinsey consultants do make a minimum of 100K. Many of them likely make a lot more.
maybe, maybe not, you don't know that.
You may not like her, her parents, her politics, her looks, her personality, her whatever ... but you really don't know that she is "not qualified". She does have the sort of academic background that's typical for a new associate at McKinsey.
But picking the kids from the best grad school is pretty much SOP, yeah, most are MBAs from top five schools, but not all. They pick them from Law School, Med School, or all sorts of grad programs at various elite schools if they liked the kid. I know someone who never finished his MS in EE from Caltech (never worked, except part time gig at a dot com) but went to a McKinsey interview and scored a first year associate job with McKinsey.
As for Chelsea Clinton being Chelsea CLinton, *shrug*, that's part of the game -
(1) the privilaged class, whatever their political affiliation, will always have an insider's privilage. As much as I admire GW Bush as my Governor and President, if he wasn't who he was and his family who they are, he probably won't be where he is today. Connections, who you know and who you are helps, so what if Chelsea Clinton benefits from that too. Speaking of McKinsey, one of my friend who went to McKinsey with middling grades (from Princeton, but middling grades nonetheless, and yeah, no graduate degree either, just an AB) was probably in small part due to her father was the President of one of the world's largest oil company at the time - heck she even joked that during her interview the interviewers just wanted to talk about her father (apparently they knew each other). Thus leading to
(2) Part of getting on the partner track is how good a sales job you can do, how good are you at bringing in clients and being a rainmaker, having connections definitely help in those areas, and having connections therefore will help in getting hired in the first place.
I don't begrudge her using those advantages, even if I don't like her as a person or her politics. She is not practicing anything that's not practiced by others in her social class. And McKinsey is not fawning over her not unlike they fawn over other potential associates with a golden rolodex. Her connections got her into the best universities, and her connections got her a plumb job, so what? The same has always happened and will continue to happen to well to do and well connected young men and women of all political strips. So why pick on her in particular?
Your previous post stated you're more qualified than Chelsea based on your 10 years experience. Now it appears that, by your own admission, you don't fit the McKinsey profile. Which is it?
Absolutely. Many probably make more.
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