Monitor Deloitte [2024 Profile]

Monitor Deloitte is the strategy consulting arm of Deloitte Consulting. The global consulting firm provides advisory services to clients across various industries, helping each client to meet its strategic and innovation needs.

History and Background

Until its acquisition by Deloitte in January 2013, Monitor Deloitte was known as the Monitor Group.

The Monitor Group was founded in 1983, by six co-founders with ties to Harvard University, including Michael Porter. The firm quickly rose to prominence in the 1980s, earning its place among the leaders in strategy consulting.

While the firm’s death spiral had been ongoing for a while, it was the financial crisis of 2008 that proved especially hard for Monitor Group. It was hit hard by the crisis and its consulting work slowed down dramatically. The firm laid off up to 20% of its staff and closed down some of its offices. Monitor Deloitte filed for Chapter 11 bankruptcy in November 2012.

Deloitte bought out the Monitor Group in January 2013 and integrated it into its global consulting practice. Monitor Deloitte’s advisory services, while in line with the expertise of Monitor Group, are more diverse to include a broader range of capabilities and a global presence. This diversity guarantees greater resilience even in times of economic uncertainty.

Monitor Deloitte Key Stats and Contact Information

• Company Headquarters: Cambridge, MA
• Number of Employees: 6000
• Number of Locations: 80+ U.S. offices and hundreds more globally
• Annual Revenue: $976.7M
• URL: https://www.deloitte.com
• Social Media Links
  • MonitorDeloitte/LinkedIn
  • MonitorDeloitte/Twitter
  • MonitorDeloitte/Facebook

Work/Focus Areas at Monitor Deloitte

Monitor Deloitte strategy consultants leverage industry insights, and apply tested methods to help the top management of client organizations to drive value and achieve enterprise-wide transformational success.

The firm’s key focus areas are summarized in the offering of advisory services.

1. Strategic Sensing and Insight

Monitor Deloitte strategy practitioners help client organizations to understand better and even anticipate any changes that may inform developing and implementing different strategic moves. Following an analysis of emerging markets and trends and informed scenario development, consultants can advise clients on what strategies would create value.

2. Strategic Transformation

The strategy consultants at Monitor Deloitte guide client organizations in designing and implementing disruptive and transformational programs that drive business value. Advisory services toward achieving strategic transformation include connecting the organization’s ambitions and implementing the framework to advance the strategies.

3. Business Design and Configuration

The consultants work with client organizations to design and configure a business model that will thrive in the marketplace. The process encompasses assessing the current model’s capabilities and redesigning the operational model that is sustainable and provides a competitive edge. Monitor Deloitte consultants provide professional road-map guidance to help client organizations implement the proposed operating model.

4. Organic Growth

Monitor Deloitte consultants help client organizations achieve organic growth through various strategies. Among other things, the consultants will advise clients on using cutting-edge methodologies, being more customer-centric, and taking on fresh approaches that focus on competitive advantage. The practitioners will guide in the execution of these strategies to achieve profit growth and customer loyalty rates.

5. Innovations and Ventures

Innovations drive business growth. Monitor Deloitte consultants work closely with client organizations to develop and implement innovation and venture strategies that will see the business thrive and grow. After assessing the company, the consultants can advise clients on where to focus innovation efforts.

Industries

Monitor Deloitte provides strategic consulting services to client organizations in the private and public sectors. The firm’s diverse client portfolio includes players in the following industries.

• Consumer Business
• Energy, Resources, and Industrials
• Financial Services
• Government and Public Services
• Life Sciences and Healthcare
• Technology, Media, and Telecommunications

How to Interview With Monitor Deloitte

Monitor Deloitte is undoubtedly among the most sought-after places for newly graduated and experienced professionals who wish to pursue a career in strategy consulting. The firm has a comprehensive and well-defined interview process that follows several steps as outlined.

1. Online Application & Initial Screening

The requirements for the role are attached to each job posting by Monitor Deloitte. Ensure you check and fully understand these requirements before filling out your online application. Also, ensure you gather the required documents. The firm may be looking to fill a position in several locations, so be sure to choose a location.

Other details you may need to fill out include whether or not you have worked at Monitor Deloitte before and whether you are eligible to work at your chosen location.

The talent acquisition team will review your application and assess your skillset and experience to determine whether you match the key selection criteria. Expect an invitation to the next step if you match the selection criteria.

2. Immersive Online Assessment

The next step is an immersive online assessment where you will be presented with a typical workplace scenario and assessed based on your response to the situation.

The test is a ranked-preference multiple-choice test. This means you will not select a single response but rank your responses. You will need to put forward and rank your answers in order of preference from most likely to least likely action.

While untimed, you may need a little under an hour to complete the online assessment. That said, you must complete the test in a single sitting.

Your performance on the online assessment will see Monitor Deloitte review your full application and inform whether you will proceed to the next stage. You should hear from the firm within a week or two of completing the assessment, not just on whether you will advance to the next stage but also on how you did, in the form of a feedback report.

3. Job Simulation

The questions at this interview stage embody and relate to the work you are likely to undertake in your role at Monitor Deloitte. You’ll need to get through multiple questions, some of which are video recorded. Again, the test is untimed, but you can expect to be done within 45 minutes or an hour.

The questions in the job stimulation stage are in the following categories.

• Numerical Reasoning: Numerical aptitude questions to test your ability to manipulate and interpret numerical data.
• Situational Judgment: Questions relating to your response in work-based scenarios, similar to the stage 2 online assessment.
• Verbal Reasoning: These questions test your ability to analyze and interpret information and arrive at a conclusion. Is a statement provided after some information true or false? Or is the provided information insufficient to come up with a conclusion?
• Video Questions: Deloitte Monitor pre-records the questions. Your responses will also be recorded and assessed later. The questions are varied, from questions about yourself to case-study questions.
• Email Task: You may be required to write an email regarding a day-to-day task. It could be a progress update to a client or an email to a colleague or manager explaining a missed deadline.

You should hear from Monitor Deloitte within three weeks of completing the job simulation. Again, expect feedback on your performance alongside whether you are moving to the next stage of the recruitment process.

4. Final Stage Assessment

The final stage is a two-part assessment with a senior-role staff member at Monitor Deloitte. It takes between 1-2 hours to complete.

The first part will involve you making a 5-minute presentation and answering follow-up questions. You will receive instructions on the topic of your presentation about a week before your scheduled assessment date.

The next stage is a one-on-one interview with a manager or similar senior staff. The questions can vary depending on the interviewer, but they will no doubt be competency-based.

5. Receiving an Offer

Depending on several factors, you should reasonably expect to hear back from Monitor Deloitte within 1-3 weeks of completing the final stage assessment. Even if you don’t receive an offer, you will get detailed feedback on how you did during the interview.

What to Expect

Monitor Deloitte interviews may vary slightly depending on the role for which you are applying and the location. Key areas of focus are summarized below.

1. Behavioral/Fit Questions

“Why consulting?” Why Monitor Deloitte?” These are some common straightforward fit questions you can expect. The situational judgment questions are also designed to test whether you would be a good fit for the firm. The recruiters will assess how well your order of preference in the responses matches the firm’s values.

2. On-Task Assessment

All the questions and tasks at the job simulation stage are designed to be in line with what you will be doing during a typical workday at Monitor Deloitte. The recruiters want to see if you are up to the task. How are your numerical reasoning skills? Can you politely and professionally communicate with clients and colleagues?

3. Case Study and Presentation

You may be asked to prepare a case study or analyze one which is already prepared. Your logic, analytical skills, problem-solving abilities, creativity, and strategic thinking will be on the test. Monitor Deloitte firm will also want to see your ability to narrow down to the most important details during your case study and presentation.

How to Prepare

Get acquainted with the core values and principles that define the culture at Monitor Deloitte in preparation for your interview. Refer to these values when completing your second-stage online assessment, as well as the situational judgment questions in the job simulation step. Your responses should embody these values.

There are numerous resources online to help you practice for numerical reasoning questions. The video interview may also feel unnatural, but you can ease away that feeling with some practices. Looking through the firm’s case studies will also help you better understand how to tackle case-study questions.

For the short presentation, ensure you thoroughly research your assigned topic. Look into current news and debates around the subject. Find out what, if any work Monitor Deloitte has done that relates to the topic. Find a way to relate the subject to the firm, highlighting its strengths in handling the subject, the opportunities it presents, and any expected challenges.

Target Schools

Monitor Deloitte actively recruits from a number of target schools. The firm also holds informational sessions and organizes events such as career fairs and conferences at these schools. You can interact with the recruiters and consultants from the firm at these events.

• Brigham Young University
• Chicago Booth School of Business
• Columbia Business School
• Duke University
• Duke’s Fuqua School of Business*
• Georgetown University
• Harvard Business School
• Indiana University
• Kellogg School of Management
• MIT Sloan School of Management
• McCombs Schools of Business
• Michigan Ross School of Business – Graduate Program
• Michigan State University
• New York University
• Northwestern University
• Stanford University
• Texas A&M University
• Wharton School at UPenn
• UC Berkeley
• University of Illinois
• University of Michigan
• University of Notre Dame
• University of Pennsylvania
• University of Texas Austin
• Washington University

Careers at Monitor Deloitte

Monitor Deloitte has opportunities for candidates of different profiles, from interns to experienced professionals.

Office Locations

Monitor Deloitte has over 80 office locations in the U.S., and hundreds more across the globe.

Salary Ranges

The salaries at Monitor Deloitte vary by position and location. The average salary for a consultant is around $59,447 annually. In addition to the base salary, the firm also offers various bonuses. These include sign-up, relocation, and performance bonuses.

Internships

The firm’s internship program exposes continuing students to real work experience and offers invaluable training opportunities. Monitor Deloitte’s interns also have a chance of transitioning into full-time hires.

The firm also has a pre-MBA internship. The intensive 1-month program is an excellent opportunity for anyone looking to have a feel of what consulting is all about before starting their MBA program.

Career Track

At Monitor Deloitte, undergraduates come in as associates. MBAs and holders of advanced professional degrees (APDs) will start out as consultants. The next rung in the ladder at the firm is senior consultant, a position you may be eligible for after 2-4 years as a consultant. After that, you can progress to Manager, then Senior Manager, within 2-4 years at each position. Higher up in the hierarchy is the Principal/Director role, and finally partner.

Exit Opportunities

Inter-Deloitte transfers are one exit opportunity to explore. This is to say that, if eligible, you can transition from Monitor Deloitte to another arm of Deloitte.

With years of experience and leveraging the network you build at Monitor Deloitte, you can explore plenty of external exit opportunities. These include joining other consulting firms and the strategy consulting teams at top companies such as the Fortune 500s. Some alumni have gone ahead to venture into start-ups.

Culture/Environment at Monitor Deloitte

The firm describes its culture as open, friendly, inclusive, and collaborative. The workforce at Monitor Deloitte firm knows that “we’re better together” and spares no effort in bettering everyone, from colleagues to the clients the firm serves and the community.

Core Values

Taking care of each other and prioritizing mutual respect, fairness, and each other’s well-being is a core value at Monitor Deloitte. The firm is one big family that embraces diversity and champions inclusion.

At Deloitte, serving with integrity is a timeless value everyone at the firm shares. Acting ethically and with the utmost integrity continues to earn the firm trust among its clients.

The firm has a global learning and development network to support professional and personal growth. There are dedicated development programs, as well as mentorship by leaders.

Monitor Deloitte offers flexible working arrangements to help its workforce achieve a healthy work-life balance. From hybrid working to opportunities to work part-time and sabbaticals, you will have various options that best suit your needs.

Charity Efforts

Monitor Deloitte actively participates in various community initiatives and charity events. These efforts align with the firm’s commitment to bettering the community around it.

Monitor Deloitte Rankings

Monitor Deloitte has earned numerous accolades and continues to be ranked highly as an attractive place of work.