Avascent Reviews

4.3

88% would recommend to a friend

(84 total reviews)
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Steve Irwin

97% approve of CEO

84% positive business outlook

Avascent has an employee rating of 4.3 out of 5 stars, based on 84 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Avascent employee rating is in line with the average (within 1 standard deviation) for employers within the Management and consulting industry (3.7 stars).

Reviews by job title

84 reviews
1.0
31 May 2015

Interested applicants beware

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Used to be a good place to work.

Cons

I have been at Avascent for several years and I admit that I enjoyed the work for a while. At first, the firm was small and convivial and the work was enjoyable. That has all changed over the last few years, and not for the better. When I started, the firm was well under 100 people and has since grown to over 120. There are very, very few people who have stayed through this transition period other than some partners, principals, and a handful of senior staff. Very few people remember what the quality of the work used to be like and that's clearly management's goal. Nobody will complain about the work or quality of life because the vast majority of employees lack the perspective that I have. Avascent is trying to grow from a small firm to a medium-sized firm at the expense of our junior and middle staff. Avascent claims not to be a "two and out" company like McKinsey (which is an absurd comparison anyway) but that's not entirely true. Every year we bring in 15 or so analysts and don't expect a high retention. It isn't a sustainable model. For example, in a recent one-year period, I saw 25-30% of my colleagues leave or "transition out" (consultant speak for being let go). Not a single person that has departed has said "I wish I had stayed." One of the biggest problems with the firm is that senior leadership do not have MBA's like you'd find at other management consultancies. They just fell into defense work at DFI, Avascent's predecessor, and have stayed on. We have an uninspiring set of core leadership that does not know how to run the firm or plan for the future. For instance, attrition increased at an alarming rate recently and many junior staff sent out feelers to other jobs or to grad school. Leadership panicked and bought everyone iPads instead of enacting meaning reform. Another major issue I have encountered at Avascent is the utter lack of female leadership, which, as a woman, is very disconcerting. This issue certainly isn't unique to Avascent, but it is exacerbated by the lack of imagination at the top. Sure, we try to onboard a 50-50 split of men and women every year, but the vast majority of women do not last. I am sad to say that this place is no longer the firm I once enjoyed and I cannot recommend this place to anyone.

5.0
11 June 2015
Recommend
CEO approval
Business outlook

Pros

I worked at Avascent for almost four years before leaving this spring for a strategy position at a DC-based media/information services company. In almost every respect, I found it to be an ideal first job for an analytical and self-initiating college graduate, and it prepared me incredibly well for my next step in terms of both skills and experiences. --Skill Development: Avascent is truly unique in its opportunity set – after a year, I had developed financial modeling skills that surpassed friends at M/B/B; after two years, I was briefing director-level clients; and after three years, I was managing the execution of complex engagements that directly informed strategies for Fortune 500 clients. Rather than throwing its employees into these experiences unprepared, Avascent offers a balanced combination of training and opportunity that enables junior staff to feel confident taking on ever-expanding levels of responsibility. --Management Experience: Unlike two-and-out peers, Avascent offers the opportunity for its analysts to grow into engagement manager roles. This experience is truly unparalleled – at age 25, you may find yourself directly responsible to a director at a Fortune 500 company with limited top-cover. In order to transition its Consultants (junior engagement managers), Avascent offers a comprehensive course focused on developing managerial skills, which is tailored to personal strengths and weaknesses. Likely because of this early-manager experience and training, I have seen several close friends develop into excellent managers as well as true thought leaders and experts in their fields (cyber, healthcare) while at Avascent. I’ve also seen peers transition into top business schools (HBS, Wharton, Kellogg) as well as strategy roles at innovative companies (Google, Uber, Palantir). --Work/Life Balance: For a leading consulting firm, the work/life balance at Avascent is excellent. During surge weeks, you may end up working late nights or early mornings; however, even at the Analyst level, Avascent employees are expected to be goal-driven, strategic, efficient and self-regulating. Provided that your work is done well and on time, there is no mandated or expected after-hours time in the office. I found that while juggling a normal (2-project) load, I was frequently able to meet deadlines early by focusing on efficiency and front-loading conversations about anticipated roadblocks or strategic decision points with my supervisors. I also found that, generally, my supervisors and peers were highly accommodating of personal time and obligations, including regular workouts, dinners with my partner or friends, family emergencies, 3-day weekends, and vacations. --Culture: Culture is truly a differentiator of the Avascent experience. Because of Avascent’s collaborative atmosphere, I developed personal relationships with a wide array of colleagues, many of whom remain close friends. I was truly touched by the level of effort senior management made toward developing my skills and building mentor relationships with me. Many of the managing directors are among the most empathetic and talented leaders I’ve ever met, and the influence of these personalities is evident throughout the company. --Gender: One critique frequently levied at Avascent is its lack of gender diversity at the top. However, as a woman, I never got the impression that my gender was in any way holding me back at Avascent. I had two highly influential female mentors who provided strong role models for my career development, both as an analyst and as a manager. And due to management’s eagerness to promote gender diversity, I felt confident in my future potential at the company, and never doubted that men and women alike were committed to my success, particularly after I entered a manager role.

Cons

--Review Process: My only significant critique of my time at Avascent was that I felt at times the review process could be a bit political and feel slightly "fratty" -- certain outspoken managers would advocate heavily for average-performing employees, while stronger performers were occasionally overlooked due to the happenstance of having worked with quieter voices. However, the company has recognized this issue and when I left, leadership had made significant strides toward "quantifying" the review process to make it more objective.

4.0
17 Jan 2013
Recommend
CEO approval
Business outlook

Pros

Great corporate culture, strong opportunities for upward mobility in consulting without an MBA, and a focus on objectively interesting markets (for example: satellites, space launches, big data analytics, cyber security)

Cons

Culture can be political because it's a small company (I.e., your annual review isn't necessarily objective or performance-based), HR and organizational processes in general aren't always streamlined and have suffered from growing pains, and work/life balance can be a struggle, especially if you're good at what you do

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Glassdoor has 94 Avascent reviews submitted anonymously by Avascent employees. Read employee reviews and ratings on Glassdoor to decide if Avascent is right for you.