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.
Is BCG a good company to work for?
BCG is an excellent choice if you want to work in a supportive, caring system, with valuable opportunities for great mentorship and talent development. Bain & Company was founded by Bill Bain, former vice president of Boston Consulting Group, in 1973. At the heart of everything Bain does is the customer.
Is it hard to get into an MBB consulting firm?
Recruitment Process Former consultants from McKinsey, BCG and Bain take such pride in their “MBB consultant” label because getting into an MBB consulting firm is a feat in itself. Competition is brutal, and recruitment ratio is usually less than 1\% in most MBB offices.
Which MBB consulting firm has the highest compensation package for graduates?
Among the three MBB consulting firms, Boston Consulting Group (BCG) compensation package is the highest for both entry levels (at $113K for undergraduate entry and $219K for graduate entry). This is because the performance bonus for graduate entry level in BCG ($42K) is $7K higher than that of McKinsey ($35K) and Bain ($35K).
Which consulting firms are the best to work for without an MBA?
This is particularly so with BCG and Bain, as their intake is smaller than McKinsey’s. McKinsey is the most open among the three to taking in someone without an MBA, and Bain the least. A consulting aspirant with a law or medical or another advanced degree better knock on McKinsey’s doors first.
What are the best consulting firms in the world?
McKinsey consulting, BCG consulting, and Bain consulting are not only the best consulting firms, they also work with clients who are titans of their own industries. This ultimately translates to more interesting consulting projects, as the lion’s share of the best companies in the world hire MBB for their business needs.
How do MBB firms differ when it comes to culture?
More than anything else, you’re going to see big differences among the MBB firms when it comes to culture. Oftentimes, when candidates have more than 1 MBB offer to consider, they make their final choice based on which firm’s culture resonates best with their personality and background.