Consulting Q&A - Stelle Fragen rund um Deine Karriere

In dieser Übersicht findest Du alle bisher gestellten Fragen der PrepLounge-Community. Jeder kann Fragen stellen und Antworten verfassen. Unsere Coaches stellen auch gerne ihre Expertise bereit. Wenn Dir eine Antwort gefällt, gib ihr ein Upvote, sodass sie nach oben steigt. Hier findest Du außerdem unsere Richtlinien und FAQs zum Consulting Q&A.

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Consulting to Industry

associate consultant consulting industry Healthcare
Neueste Antwort am 29. Feb. 2024
Die beste Antwort (am 4. Jan. 2024) ist von:
Farrah
Experte
2 yrs coaching; ex-McKinsey, ex-Goldman, ex-UN; founder x2; management consultant; Private Equity (3 free lessons!)
Farrah
Experte
gab die beste Antwort am 4. Jan. 2024
2 yrs coaching; ex-McKinsey, ex-Goldman, ex-UN; founder x2; management consultant; Private Equity (3 free lessons!)
Hello! I'd suggest: 1. Network - research as many people as you can in the industry (spec., those you have a connection to), and ask for a 10 minute chat. I'd probably start outreach with ‘Hello! I’m really interested i ... (ganze Antwort lesen)
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225
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95
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am 29. Feb. 2024 am 29. Feb. 2024
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Strategy& vs. Roland Berger in London

consulting firms consulting industry London Roland Berger strategy&
Neueste Antwort am 30. Nov. 2023
Die beste Antwort (am 30. Nov. 2023) ist von:
Dennis
Experte
Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe
Dennis
Experte
gab die beste Antwort am 30. Nov. 2023
Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe
Hi, I have personal experience with RB and can say that the London office mainly focuses on due diligence work. Projects are done out of the office with typically little travel. That said, many consulting firms located ... (ganze Antwort lesen)
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7,1 T.
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24
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am 30. Nov. 2023 am 30. Nov. 2023
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Top tier/tier2/tier3 consulting firms??

consulting consulting firms consulting industry germany MBB order tier1 tier2 tier3 Top tier
Neueste Antwort am 8. Okt. 2023
Die beste Antwort (am 21. Okt. 2021) ist von:
Christine
Admin
PrepLounge Community & Marketing Manager
Christine
Admin
gab die beste Antwort am 21. Okt. 2021
PrepLounge Community & Marketing Manager
Hi there,  Thank you for this question! It's not stupid at all. Everyone starts somewhere and I believe the answers by our case coaches have helped a lot of candidates to get a feeling of the industry. If you have alrea ... (ganze Antwort lesen)
26
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216,9 T.
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136
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am 8. Okt. 2023 am 8. Okt. 2023
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What is your opinion on entering Big Four firms as a consultant?

Bain BCG big four consulting industry Deloitte EY KPMG MBB McKinsey PwC
Neueste Antwort am 30. Sept. 2023
Die beste Antwort (am 16. Feb. 2018) ist von:
Francesco
Experte
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Experte
gab die beste Antwort am 16. Feb. 2018
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Hi Anonymous, Big 4 and MBB have a different focus in terms of projects. Specifically, Big 4 work more on implementation projects rather than strategy. However, many of the Big 4 have now also a strategy branch, thank ... (ganze Antwort lesen)
12
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37,4 T.
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58
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am 30. Sept. 2023 am 30. Sept. 2023
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MBB industry/capability strength?

Bain consulting industry MBB McKinsey The Boston Consulting Group
Neueste Antwort am 29. März 2023
Die beste Antwort (am 27. März 2023) ist von:
Hagen
Experte
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hagen
Experte
gab die beste Antwort am 27. März 2023
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi there, I think this is an interesting question that may be relevant for many people. I would be happy to share my thoughts on it: First of all, while Bain certainly is the market leader in private equity consulting o ... (ganze Antwort lesen)
8
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1,0 T.
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66
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am 29. März 2023 am 29. März 2023
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Difference between working at inhouse and strategy consultancy

consulting consulting industry inhouse consulting on the job strategy consulting
Neueste Antwort am 19. Aug. 2022
Die beste Antwort (am 2. Feb. 2017) ist von:
Guennael
Experte
Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews
Guennael
Experte
gab die beste Antwort am 2. Feb. 2017
Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews
In house strategy shops are typically lead and heavily staffed by former MBB consultants. The type of work will be fairly similar but specific to your own company obviously, and assignments may last a little longer (tha ... (ganze Antwort lesen)
3
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16,0 T.
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12
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am 19. Aug. 2022 am 19. Aug. 2022
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List of inhouse consultancies

consulting firms consulting industry inhouse consulting
Neueste Antwort am 19. Aug. 2022
Anonym gab die beste Antwort am 28. Apr. 2017
Most large firms tend to have internal consulting arms now to avoid spending 4-10x on hiring MBBs, prefering to do that only for the most strategic engagements. Some names that come to mind: 1. Siemens Management Co ... (ganze Antwort lesen)
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6,3 T.
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3
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am 19. Aug. 2022 am 19. Aug. 2022
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Offer Consideration: Kearney Dubai

A.T. Kearney business analyst consulting industry entry level investment banking Kearney dubai Private Equity
Neueste Antwort am 9. Sept. 2021
Die beste Antwort (am 9. Sept. 2021) ist von:
Agrim
Experte
BCG Dubai Project Leader | Learn to think like a Consultant | Free personalised prep plan | 6+ years in Consulting
Agrim
Experte
gab die beste Antwort am 9. Sept. 2021
BCG Dubai Project Leader | Learn to think like a Consultant | Free personalised prep plan | 6+ years in Consulting
Your question and situation is complex to answer over this forum. Please write to me - I have recently had 2 coachees for Kearney Dubai and several more for Dubai in-general. Having worked in Dubai, I can also answer yo ... (ganze Antwort lesen)
1
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1,7 T.
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13
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am 9. Sept. 2021 am 9. Sept. 2021
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Consulting after industry experiences - how hard is it?

consulting industry
Frage bearbeitet am 5. Sept. 2021
Die beste Antwort (am 8. Nov. 2019) ist von:
Antonello
Experte
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Antonello
Experte
gab die beste Antwort am 8. Nov. 2019
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Hi, I would focus now on the interviews you are going to handle, working on the negative feedback by RB. Feel free to text me for any tips on the set-up of a structured preparation plan. Best, Antonello
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1,6 T.
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19
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am 5. Sept. 2021 am 5. Sept. 2021
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Where can I get documents or casebooks with Industry overview?

casebook Casebooks consulting industry industry industry dynamics industry trend
Neueste Antwort am 11. Apr. 2021
Die beste Antwort (am 11. Apr. 2021) ist von:
Clara
Experte
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Clara
Experte
gab die beste Antwort am 11. Apr. 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Hello! Have a look into IVY LEAGUE case prep books, since they normally include some pages on industry overviews. Furthermore, in the PrepL shop there is a guide about the pharma industry, in case you are intereste ... (ganze Antwort lesen)
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972
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27
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am 11. Apr. 2021 am 11. Apr. 2021
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Applicant Records, Personal Data, and Data Protection Laws: Can Personal Data be Retained without Consent?

application process BCG CV records consulting industry CV law personal data
Neueste Antwort am 11. März 2021
Anonym A fragte am 23. Juli 2018
Hi, How do consulting companies justify keeping a candidate's application and personal details on file when the candidate has often not provided his/her personal consent during the application process? Additionally, ... (ganze Frage lesen)
1
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2,8 T.
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0
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am 11. März 2021 am 11. März 2021
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Monitor Deloitte Prestige in Europe

benchmarking consulting industry Monitor Deloitte
Neueste Antwort am 30. Dez. 2020
Die beste Antwort (am 5. Dez. 2020) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 5. Dez. 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, So yes, in general, Monitor Deloitte is perceived well (big 4 are generally perceived well everywhere). In regards to comparison against S&, OW, and RB, it's along the same lines (depending on who you ... (ganze Antwort lesen)
6
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4,1 T.
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61
Upvotes insgesamt
am 30. Dez. 2020 am 30. Dez. 2020
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Executive order impact on international students

consulting industry EO executive order international student trump
Neueste Antwort am 15. Nov. 2020
Die beste Antwort (am 24. Juni 2020) ist von:
Ian
Experte
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Experte
gab die beste Antwort am 24. Juni 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi, While it's hard to say the exact impact, I am sorry to say that everything happening now, not just the ban on foreign workers, is currently and will continue to impact recruiting. To be clear, there are and alwa ... (ganze Antwort lesen)
4
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1,3 T.
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7
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am 15. Nov. 2020 am 15. Nov. 2020
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Resources to build industry specific knowledge for Case solving (specially in Indian context)

case partners caseprep consulting consulting industry consultingcases101 Good resources industry Strategy case solving
Neueste Antwort am 16. Okt. 2020
Die beste Antwort (am 30. Sept. 2020) ist von:
Henning
Experte
Bain | passed >15 MBB interviews as a candidate
Henning
Experte
gab die beste Antwort am 30. Sept. 2020
Bain | passed >15 MBB interviews as a candidate
Hi Avya! Great that you want to structure your case prep! The beautiful thing about consulting interview cases is that you basically don't need any industry specific knowledge. The toolkit that you build during the ... (ganze Antwort lesen)
5
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1,2 T.
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14
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am 16. Okt. 2020 am 16. Okt. 2020
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Career path to consulting

career progression consulting industry MBB
Neueste Antwort am 31. Aug. 2020
Die beste Antwort (am 14. Nov. 2019) ist von:
Daniel
Experte
McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews
Daniel
Experte
gab die beste Antwort am 14. Nov. 2019
McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews
Hi! I can speak for McKinsey: candidates with agile experience have been really searched for in the past few years. I have myself done two “agilization” projects at the Firm and we were struggling to find experts within ... (ganze Antwort lesen)
3
Antworten
2,0 T.
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2
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am 31. Aug. 2020 am 31. Aug. 2020
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How do the working hours differ among consulting firms?

consulting industry MBB tier1 tier2 Top tier working hours
Neueste Antwort am 16. Juni 2020
Anonym gab die beste Antwort am 6. Jan. 2018
Bain, BCG and McKinsey all have initiatives to ensure the wellbeing and satisfaction of their teams. One of the dimensions that is closely monitored is hours. Number of working hours is not the only dimension and not ... (ganze Antwort lesen)
7
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12,6 T.
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16
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am 16. Juni 2020 am 16. Juni 2020
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How has the consulting industry changed in the last 5/10 years?

change consulting consulting firms consulting industry
Neueste Antwort am 10. Juni 2020
Die beste Antwort (am 6. Juni 2020) ist von:
Robert
Experte
McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author
Robert
Experte
gab die beste Antwort am 6. Juni 2020
McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author
Hi Anonymous, Let me share a slightly more negatively painted picture of the consulting industry - but it's the real one in my opinion. Looking back, consulting industry and the top players definitely lost their gla ... (ganze Antwort lesen)
7
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2,7 T.
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35
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am 10. Juni 2020 am 10. Juni 2020
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FTI consulting

consulting industry
Neueste Antwort am 1. Mai 2020
Anonym gab die beste Antwort am 27. Apr. 2020
Hi there, I know a bit about them as I have a few friends / acquintances that work there, and have a friend that works in industry who worked with FTI. FTI Consulting is not really management consulting. They do eco ... (ganze Antwort lesen)
2
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2,0 T.
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6
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am 1. Mai 2020 am 1. Mai 2020
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English Speaking Consulting Firms in Germany

consulting firms consulting industry germany language
Neueste Antwort am 30. Apr. 2020
Anonym gab die beste Antwort am 30. Apr. 2020
Hi A, I was in your shoes back in 2011-12, when I also came from Ukraine to start i Germany, and search for consulting jobs. I started to learn German from the scratch. So I can really understand your challenges. In ... (ganze Antwort lesen)
4
Antworten
10,8 T.
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26
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am 30. Apr. 2020 am 30. Apr. 2020
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Management Consulting Job - MBA

consulting industry
Neueste Antwort am 30. Apr. 2020
Anonym gab die beste Antwort am 30. Apr. 2020
Hi Jack, UCONN is a non-target school as Ivy League. However, it's not only aboit your school, but also your grades, achievements and past experiences. Get a referral as a door opener. Good luck, andré
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1,2 T.
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2
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am 30. Apr. 2020 am 30. Apr. 2020
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