Assuming I've made it to the interview stage, does office size significantly influence the conversion rate to an offer? For example, will smaller offices have a lower offer rate?
Hi there,
The likelihood of an offer depends on the supply and demand for a particular office and company. The main factors influencing that are:
A small office may have less supply due to fewer projects, but may also have less demand. So the conversion rate may not necessarily be worse.
A good strategy is to target large offices with some kind of “barriers” (eg language requirements that you satisfy and others don’t).
Best,
Francesco
Hi,
This is basic economics...you cannot only look at demand side when looking at quantity consumed.
A larger office has both larger demand of candidates and a smaller supply, all things constant. A smaller office has larger demand and smaller supply (presumably...if it is a smaller office because it is in a smaller country).
So, for every single office, the answer to your question depends on how many people are needed, and how many people apply.
In general, desireability of office plays a greater role here - in particular, offices that accept people from many backgrounds (read: English language).
No, not systematically. The smaller offices typically also see lower application numbers, so you can't infer any higher or lower offer rates. Differences exist, but they are much more driven by business cycles, last year's offer conversion success, etc.
My personal sense is that this is more dependent on the specific firm's approach of how they want to manage the interviewee funnel. McKinsey for example has traditionally be known to invite more candidates for first round (i.e., lower conversion) compared to other MBBs. Otherwise, most recruiters will try to feed the interviewee funnel based on typical conversion rates for each round to meet the recruiting target (e.g., 1 in 4 first round candidates progress to final round and 1 in 3 final round interviewees get an offer, etc.)
Totally agree with Ken, for each step each company has its own limits. It might be different with smaller developing companies, as their offer rate could depend directly on the amount of people they already have in the company.
It will really depend on the firm and how they allocate offers. For example, some may pool certain regions e.g. DACH
No - should not at least. However, developing your Q further, are your chances getting into a tier-2 or tier-3 MBB office higher? Likely not vastly, but still possible. There are offices that simply do not receive as many applications (compared to the other overrun offices) and hence would allow you perhaps to rather get in. Also, it is not only about the number of people applying but also the quality of people. The mega offices tend to be in mega cities which tend to attract the best pool of candidates (e.g. everyone wants to work in NYC or San Fran)...
Hello!
Not neccesarily.
What we would really need to know here would be # of applicants and # of open slots, and this is info that only HR haves, and will never share.
Hope it helps!
Cheers,
Clara
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