Dear community,
I know that the reason for the difficult interview process is largely due to the fact that so many candidates apply for one entry-level position at MBB...
But do you have any rough numbers on the applicant/job ratio?
(perhaps also on the #candidates get invited for an interview/job ratio?)
Would be great!
Figure from McKinsey Germany a couple of years ago: ~15k applications for 300 openings. So this corresponds to roughly 2%.
Cheers, Sidi
(editiert)
Hi,
It really depends. If you are applying from Stanford or Harvard, you'll easily collect 2-3 MBB offers with almost no prep. In other cases its 1% - 5% depending on the offer
Best
Varies greatly by office and country. If you remove re-hires, who automatically get the job (analysts who left to study at MBA and return as associates, could be 30-50% of total annual recruits), you probably start at 1 to 100 and can go to 1 to 500. If you don't have to take PST/BCG test etc, or you are from a target school, then application to offer ratio gets to 1 to 50-100 on average.
BCG Germany says less than 5 out of 100 applicants get an offer.
(editiert)
Back when I applied (BCG Dallas), there were 60 candidates for 1 position. Seems to be worse now, and Victor Cheng (and others, including experts here) have gone on the record talking about over 100 for each position.
Either way - this is a competition, you can't just be good but better than the rest. Odds are strongly against you, making preparation even more important
