Does BCG or McKinsey pay more?
BCG boasts a performance bonus of up to $45,000, making it the more lucrative of the two for first year hires. Typically, McKinsey sets the standard for salary, and beats BCG to the punch in increasing salary rates. While responsibilities at each firm are similar for a newly hired MBA, job title varies slightly.
What is BCG looking for?
“Most important, we look for candidates who have the passion to live BCG’s purpose to unlock the potential of those who advance the world,” she says. The qualities BCG looks for in candidates are qualities that are often valued during a time of crisis; resilience, focus on teamwork, and working well under pressure.
What is the difference between McKinsey BCG and Bain and McKinsey?
The most apparent difference is size and age. Out of MBB, McKinsey is the largest and oldest firm. McKinsey has the highest annual revenues and the most number of employees. Bain, on the other hand, is the smallest and newest firm among MBB. BCG falls in between McKinsey and Bain. There are many more differences among McKinsey, BCG, and Bain.
What is the difference between a BCG and a bainee?
The firm has more of a local staffing model like Bain, but also enjoys an established global reach, which means BCGers are still more likely than Bainees to travel internationally so the firm can keep utilization above 75\%. At the end of the day, you will be on the road every week with all 3 firms.
What are the similarities between mbmbb and the Big Three consulting firms?
MBB or the big three consulting firms share many similarities: Prestige and brand name: McKinsey, BCG, and Bain all have the highest level of prestige in the management consulting industry. They each have a long history of being at the top and that is likely not going to change any time soon.
What is the work environment and culture like at BCG?
Culture: BCG is known to have a very academic, intellectual, and even nerdy work culture. Its culture is not as formal and serious as McKinsey and is not as fun as Bain. BCG’s culture lies somewhere in between McKinsey and Bain.