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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Working in MBB - Intellectually difficult or just demanding?

Bain BCG MBB McKinsey on the job Worklife
Neueste Antwort am 15. Okt. 2023
Die beste Antwort (am 4. Mai 2018) ist von:
Sidi
Experte
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Sidi
Experte
gab die beste Antwort am 4. Mai 2018
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Hi Anonymous, your certainly need to meet a certain threshold regarding cognitive smartness ("IQ"). However, you do not need to be Albert Einstein for sure! If you meet that required IQ floor level, it is much more im ... (ganze Antwort lesen)
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7,6 T.
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52
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am 15. Okt. 2023 am 15. Okt. 2023
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Living in hotels

consultant consulting living MBB on the job
Neueste Antwort am 13. Okt. 2023
Die beste Antwort (am 13. Okt. 2023) ist von:
Benjamin
Experte
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Benjamin
Experte
gab die beste Antwort am 13. Okt. 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Hi, I travelled for about ~50% of the time I was in consulting. I would say that it is nice to have a place to call home and feel at home. If you are living in a place where real estate prices are very high, then I thin ... (ganze Antwort lesen)
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2,2 T.
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11
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am 13. Okt. 2023 am 13. Okt. 2023
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MBB - what to buy before starting

MBB on the job
Neueste Antwort am 13. Okt. 2023
Die beste Antwort (am 13. Okt. 2023) ist von:
Benjamin
Experte
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Benjamin
Experte
gab die beste Antwort am 13. Okt. 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Hi, Sharing the top useful gadgets in my consulting career: Travel charger These are lighter version of the laptop charger and save alot of weight and space (it all adds up quickly) Jabra wireless speaker Typically not ... (ganze Antwort lesen)
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10
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am 13. Okt. 2023 am 13. Okt. 2023
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Typical day of a consultant

consulting general on the job position
Neueste Antwort am 13. Okt. 2023
Die beste Antwort (am 13. Okt. 2023) ist von:
Benjamin
Experte
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Benjamin
Experte
gab die beste Antwort am 13. Okt. 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Hi, As others have mentioned, there is hard to give a sense of the typical day. Your life as a junior consultant will consist normally of the following: Engagement with client Engagement with internal team Doing researc ... (ganze Antwort lesen)
4
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7,2 T.
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10
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am 13. Okt. 2023 am 13. Okt. 2023
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Must have gadgets / gift ideas for future McKinsey consultants?

MBB McKinsey on the job
Neueste Antwort am 13. Okt. 2023
Anonym C gab die beste Antwort am 29. Mai 2018
What a very kind gesture - I don't know how much you want to spend but here are some rough ideas. Cufflinks Tie wireless headphones laptop bag briefcase travel suitcase watch starbucks voucher gym ... (ganze Antwort lesen)
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am 13. Okt. 2023 am 13. Okt. 2023
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How to get rid of old thinking habits / ways of working? (corporate background)

on the job
Neueste Antwort am 31. Juli 2023
Die beste Antwort (am 29. Juli 2023) ist von:
Pedro
Experte
30% off in March 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA
Pedro
Experte
gab die beste Antwort am 29. Juli 2023
30% off in March 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA
I know where you are coming from. You basically entertain the idea of knowing everything about a topic before being able to formulate a strategy.  Whereas great consultants use a different approach, i.e., an “action-dri ... (ganze Antwort lesen)
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224
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50
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am 31. Juli 2023 am 31. Juli 2023
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Seeking advice: how to ramp up consulting skill and sector knowledge after joining?

on the job
Frage bearbeitet am 25. Okt. 2022
Die beste Antwort (am 10. Okt. 2022) ist von:
Cristian
Experte
#1 rated MBB & McKinsey Coach
Cristian
Experte
gab die beste Antwort am 10. Okt. 2022
#1 rated MBB & McKinsey Coach
Hi there,  You're in a tough spot, but don't despair.  There are many things that you can do. Just make sure you don't try to do all of them at the same time.  In terms of leading juniors - leadership isn't only about h ... (ganze Antwort lesen)
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599
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50
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am 25. Okt. 2022 am 25. Okt. 2022
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How to 'align expectation' at work?

on the job
Neueste Antwort am 24. Okt. 2022
Die beste Antwort (am 9. Okt. 2022) 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 9. Okt. 2022
Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe
This is a common situation for new consultants. Communication with your manager helps you out here: Clarify as much upfront as possible - e.g. what slide template to use, what data sources to leverage, expected overall ... (ganze Antwort lesen)
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35
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am 24. Okt. 2022 am 24. Okt. 2022
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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)
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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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How to learn fast (on the job)?

on the job
Letzte Aktivität am 12. Aug. 2022
Die beste Antwort (am 12. Aug. 2022) 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 12. Aug. 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, MOST IMPORTANTLY: Know that no-one can perfectly prepare for the job and that's the point: You will mess up, you will learn, you will be trained and supported. That's OK! -------------------------------------- ... (ganze Antwort lesen)
3
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38
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am 12. Aug. 2022 am 12. Aug. 2022
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What sources of information do consultants use on the job to get insights on a certain sector/topic?

consulting on the job
Neueste Antwort am 11. Mai 2021
Die beste Antwort (am 10. Mai 2021) 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 10. Mai 2021
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Hi there, This is what I personally used while at BCG: Internal research document. You will have access to a lot of information created by the knowledge team. Internal experts. You will be able to talk with memb ... (ganze Antwort lesen)
8
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1,1 T.
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57
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am 11. Mai 2021 am 11. Mai 2021
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Colleagues in consulting

consulting MBB on the job
Neueste Antwort am 27. März 2021
Die beste Antwort (am 26. März 2021) ist von:
Denis
Experte
Goldman Sachs Investment Banker NYC | Ex-Bain 5 yrs| MBA Chicago Booth | Passed > 13 MBB > 20 IB interviews
Denis
Experte
gab die beste Antwort am 26. März 2021
Goldman Sachs Investment Banker NYC | Ex-Bain 5 yrs| MBA Chicago Booth | Passed > 13 MBB > 20 IB interviews
I d say the number or rather share of long-term friends you make is no different than attending any other large institution (e.g. large undergrad or postgrad uni) or, for that matter, any huge accumulation of people. ... (ganze Antwort lesen)
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2,7 T.
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86
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am 27. März 2021 am 27. März 2021
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Career as a consultant - progress and learning

career consulting MBB on the job
Neueste Antwort am 27. März 2021
Die beste Antwort (am 26. März 2021) ist von:
Gaurav
Experte
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies
Gaurav
Experte
gab die beste Antwort am 26. März 2021
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies
Hello there! It's definitely, 100% not true. People who say something like this believe that the progress in consultancy develops faster only because the work is intense. However, consulting is not the only sphere ... (ganze Antwort lesen)
4
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1,7 T.
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3
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am 27. März 2021 am 27. März 2021
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Technical skills useful in consulting

consulting on the job Preparing for consulting work
Neueste Antwort am 30. Sept. 2020
Die beste Antwort (am 26. Aug. 2018) ist von:
Benjamin
Experte
ex-Manager - Natural and challenging teacher - Taylor case solving, no framework
Benjamin
Experte
gab die beste Antwort am 26. Aug. 2018
ex-Manager - Natural and challenging teacher - Taylor case solving, no framework
Hi, You'll work with 3 tools where you need to quickly develop proficiancy (know all the key function and work fast) - Excel : function to know vlookup(), index(match(..)), sumproduct(), sumif() . In addition you ma ... (ganze Antwort lesen)
6
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13,8 T.
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15
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am 30. Sept. 2020 am 30. Sept. 2020
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How to remain productive while putting long hours

Consultant Work Hours MBB on the job working hours
Neueste Antwort am 13. Sept. 2020
Die beste Antwort (am 16. März 2018) ist von:
Cam
Experte
Ex-McKinsey EM | 100+ interviews including final round | Cambridge Engineer | INSEAD MBA | London & Sydney Offices
Cam
Experte
gab die beste Antwort am 16. März 2018
Ex-McKinsey EM | 100+ interviews including final round | Cambridge Engineer | INSEAD MBA | London & Sydney Offices
This is a really common question a lot of people ask when moving into consulting. A few thoughts from my experiences: - You will simply NOT be productive if you are working 80+ hours a week for a sustained period. In ... (ganze Antwort lesen)
5
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4,3 T.
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14
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am 13. Sept. 2020 am 13. Sept. 2020
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Is 20 months on the job too early to leave consulting?

consulting exit on the job
Neueste Antwort am 2. Sept. 2020
Anonym gab die beste Antwort am 30. Aug. 2018
Hi Anonymous, I definitely don't think 20 months is too early to leave the job. Generally at MBB there tends to be a pretty significant exodus at the ~2 year mark, either to industry, finance, or to work at / start th ... (ganze Antwort lesen)
4
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5,5 T.
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5
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am 2. Sept. 2020 am 2. Sept. 2020
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What can you learn from being a consultant?

consulting learning on the job
Neueste Antwort am 11. Juni 2020
Die beste Antwort (am 18. Dez. 2016) 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 18. Dez. 2016
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Hi Anonymous, here is a list of the main things you may learn as a consultant: Solve complex problems. You will learn how to find appropriate solutions for complex issues, even in areas you are not familiar with, ... (ganze Antwort lesen)
2
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17,4 T.
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10
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am 11. Juni 2020 am 11. Juni 2020
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Got into MBB, have some time before start. Next steps?

Advice BCG beginner best practice career career progression consulting consulting analyst entry level Excel experience Junior Consultant learning MBB McKinsey networking offer on the job Personal Fit prep4success Preparing for consulting work skills start success drivers tips top tips training work life balance
Neueste Antwort am 11. Juni 2020
Die beste Antwort (am 22. Jan. 2018) ist von:
Vlad
Experte
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Experte
gab die beste Antwort am 22. Jan. 2018
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, The most important thing you need to understand is that consulting is a client business and client is always first. Here is my subjective view of what's needed to succeed on different levels of hierarchy. Pls take ... (ganze Antwort lesen)
28
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32,8 T.
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96
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am 11. Juni 2020 am 11. Juni 2020
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Got The Job; When to Start?

career consulting McKinsey on the job starting time
Neueste Antwort am 5. Juni 2020
Die beste Antwort (am 22. Feb. 2017) ist von:
Srihari
Experte
Former BCG consultant and teacher/adult trainer with experience in US, India, and Middle East
Srihari
Experte
gab die beste Antwort am 22. Feb. 2017
Former BCG consultant and teacher/adult trainer with experience in US, India, and Middle East
So, everyone is different with their personal needs for down-time, but from my (BCG) perspective, it's better to start earlier in the year - why? Because consulting billing slows considerably closer to December because ... (ganze Antwort lesen)
3
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4,6 T.
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5
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am 5. Juni 2020 am 5. Juni 2020
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What things do I need for starting my entry level consulting job?

Career start entry level MBB on the job preparation
Neueste Antwort am 5. Juni 2020
Anonym gab die beste Antwort am 4. Feb. 2018
BCG will provide you with anything you need to do your jobwithin reason: -laptop -wifi hotspot -multiple chargers -3M privacy screen -phone -secured USB stick -pen, paper,etc -etc what you might want t ... (ganze Antwort lesen)
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am 5. Juni 2020 am 5. Juni 2020
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