Table of Contents
Is working at BCG prestigious?
How Prestigious is McKinsey, BCG and Bain? McKinsey, Bain and BCG (the Big Three or MBB) are by far the most prestigious consulting firms – as surveyed by Vault in 2020.
Is management consulting glamorous?
There are facets of a career in consulting that can be glamorous. However, most consultants report that these aspects are fleeting, and that there are many other factors that outweigh the glamor. While appreciated, the glamorous attribute of the consulting life is rarely cited as the most rewarding.
Is working in consulting glamorous?
From the outside, working in management consulting is very glamorous. The firms are known all over the world and there is an enormous amount of prestige that comes with it.
Is McKinsey hiring more?
“We have increased our recruiting goals and anticipate that in 2021 we will hire the largest incoming class in McKinsey’s history.” About one-third of incoming hires at McKinsey have MBAs.
Do McKinsey consultants fly business class?
You may fly business class, but you can expect an equal number of economy-class flights (particularly given lack of long-term scheduling flexibility). And there will be fancy dinners – but these come typically after several long nights and high-pressure meetings.
Is Bain hard to get into?
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.
Which consulting firm is better BCG or McKinsey?
McKinsey’s education and technology practices are much stronger than those of BCG or Bain. But in private equity, Bain offers more. MBB have strong resources and expertise in specific areas, and candidates with different backgrounds usually have a better chance at one of them over the other consulting firms.
What do McKinsey Bain and BCG look for in MBB case interviews?
McKinsey, Bain, and BCG look for specific traits in aspiring consultants, and they test them in MBB case interviews. The keys to success in the case interviews for McKinsey, Bain, and BCG are the same as they are on the job.
Should you specialize at McKinsey or Bain & Co?
Even if you are hired into the generalist role, you will typically begin to specialize after a few years. You’ll specialize more quickly at McKinsey than at Bain, where you can stay as a generalist for a longer period of time. Organizational structure: McKinsey’s organizational structure looks like a diamond.
How many employees does Bain and BCG have?
BCG’s 18,500 employees, including 7,000 consultants, work from its over 90 offices around the globe. Its annual revenue in 2018 was $7.5 billion. Bain, the smallest of the Big 3, was set up in 1973 by BCG colleagues William W. Bain Jr. and Patrick F. Graham.