Is McKinsey better than BCG and Bain?
McKinsey leads in terms of overall size and reach, with over 9,000 consultants globally. This is followed by BCG, with7,000 consultants, and then Bain, with 4,000 consultants. By virtue of being considerably bigger than BCG or Bain, McKinsey boasts the most diverse footprint and larger office network.
How hard is it to get an interview at Bain?
Probably the toughest part of the application process is passing the initial screening process. As an example, a large Bain office would receive around 3000 applications and narrow it down to about 100 for the first interview. So you would have to be at the top 3\% to even get the interview.
How do you answer tell me about yourself McKinsey?
Start with a 1 sentence summary of your background, why you are relevant for McKinsey and what’s your unique selling point. Talk about 3-4 of your roles (may be professional, education, extracurricular), 3 sentences each. The more experienced you are the more you should speak about professional roles.
What do you do as a consultant at BCG?
Consultants engage in a variety of tasks including problem-solving sessions, crunching data in Excel, making slides to communicate findings, completing desktop research, and performing interviews with clients and industry experts.
Is McKinsey or Bain better?
In terms of size, breadth, and reach, McKinsey has always been the obvious market leader. As the youngest of the 3 firms, Bain is the consistent upstart of the group and the firm’s lack of experience is compensated by huge risk-taking and market-differentiating moves.
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 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.
What is a principal/senior manager at Bain?
Bain – “Principal/Senior Manager” Description: after 2–4 years as a Project Manager (Level III), signals greater focus on relationship management and commercial skills. Time is split across several teams to give content and context guidance. Partner case is built.
What is it like to be a Level 3 consultant at McKinsey?
This is a formal promotion and a significant career turning point at either firm. Reaching Level III sort of proves full mastery of the general consulting toolkit in MBB quality, including team management and operational client management. McKinsey – “Associate Partner” (AP) (formerly called “Associate Principal”)