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Can you lateral to MBB in 2025?

Work right now at an investment bank and want to lateral over to one of the MBBs sometime next year with 1-2 years experience.


On paper my resume is great but the problem is I don’t know if it’s likely they’d consider hiring someone like me with only a year or two of work experience and if the hiring environment is getting better to begin with.


Can anyone give me info on whether 2025 will be a good year for lateral hiring and if I have enough experience to apply?

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Top answer
Thabang
Coach
on Dec 18, 2024
Ex-McKinsey Consultant | McKinsey Top Coach & Interviewer | Special Offer: Buy 1 Session Get 1 Free (Limited time!)

Hey there.

100% MBB firms could hire you with your investment banking experience. 

Something I'd like for you to remember and something I tell my coachees all the time: 

  • MBB firms hire you for your brain, and not necessarily your knowledge

What this mean is they want good problem solvers who can help generate impact with clients. So what they would want to see in you is that you have a way of thinking that can help them solve various client problems

So what I recommend is just to try accomplish and achieve as much as you can in you IB experience now, so your CV can reflect these and you can get past the screening process in recruiting! 

All the best!!

on Dec 18, 2024
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success: ➡ interviewoffers.com | Ex BCG | 10Y+ Coaching

Hi there,

Q: I don’t know if it’s likely they’d consider hiring someone like me with only a year or two of work experience and if the hiring environment is getting better to begin with.

A profile in IB is fine for MBB, however you will not have all the years of work experience in banking recognized as seniority.

Regardless the chances in 2025 – I don’t think anyone can predict them clearly. In any case, the ban is usually 12-18 months, so you might simply apply again the following year if not successful.

Good luck!

Francesco

Maria
Coach
edited on Dec 18, 2024
Ex-McKinsey Engagement Manager in NYC | Part of the McKinsey Private Equity Practice

Hello!

1-2 years in IB is relevant experience for MBB, so you should feel comfortable applying for a role!

Whether 2025 will be a good year for hiring is unclear (hopefully yes), but this shouldn't stop you from submitting an application!

Good luck and fingers crossed!

on Dec 18, 2024
Ex-BCG Project Leader (Energy + Climate & Sustainability) | Experienced Interviewer

Definitely worth exploring! The best way to get intel on your question is to network with consultants in your target office. 

They can ask their experienced hire recruiting teams for an update on hiring need and timing for interview rounds. I did this often to get my referrals the right intel on when to apply/prep for cases. 

If you have 1-2 years of experience, you’re still considered an “experienced” hire (off cycle recruiting). 

When folks say lateral hires, I think more of manager+ level folks with direct consulting experience. 

DM me if you want to chat further! 

Alessa
Coach
on Dec 18, 2024
xMcKinsey & Company | xBCG | +200 individual & group coachings | feel free to schedule a 15 min intro call for free

Hey! 

Lateral hiring at MBB is possible, especially if you have strong experience and skills from investment banking, which aligns well with consulting’s demands. With 1-2 years of experience, you’d likely target roles equivalent to Business Analyst/Associate (McKinsey), Associate Consultant (Bain), or Junior Consultant/Consultant (BCG), depending on the office and your level of expertise.

Key Considerations:

  1. Experience Fit: Highlight transferable skills like problem-solving, stakeholder management, and analytical rigor from banking.
  2. Timing: While predicting 2025’s hiring environment is difficult, MBB frequently hires laterally, particularly for candidates with strong resumes like yours.
  3. Networking: Leverage alumni connections and LinkedIn to reach consultants or recruiters at your target offices. Referrals can make a big difference.
  4. Interview Prep: Focus on case interview preparation early, as this will be a key determinant.

You’re on the right track, and with tailored preparation and outreach, 2025 could be a great year for your move! Feel free to ask if you want more tips on crafting your application.

Alessa :)

Alberto
Coach
on Dec 20, 2024
Ex-McKinsey AP | +13 yrs hiring top talent | I help you think, speak & perform like a real consultant (95% success)

I have to disagree with some of the comments here.

One to two years of experience outside of MBB will likely lead you to an entry-level role at MBB.

2025 is as good a time as any to apply, as long as your GPA is high.

You can learn more about how consulting firms evaluate candidates here: MBB Hiring Hacks – Behind the Curtain Secrets.

Best,

Alberto

Explore my latest case inspired by a real MBB interview: TitanTrail - Operations Outsourcing

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