expert
Expert with best answer

Alessandro

100% Recommendation Rate

81 Meetings

885 Q&A Upvotes

USD 159 / Coaching

1

How do externships work?

Have been looking particularly at the opportunity to do an externship with Bridgespan with Bain, but can't seem to find information on whether this is an integrated opportunity into the Associate Consultant role or something that you would need to apply for.

My questions would be:

1) How do you go about organising an externship?

2) Can you do an externship in a different country?

3) How soon into joining a company would you generally do an externship?

4) Do externships work differently across MBB?

Any insight/relevant experience would be appreciated!

Have been looking particularly at the opportunity to do an externship with Bridgespan with Bain, but can't seem to find information on whether this is an integrated opportunity into the Associate Consultant role or something that you would need to apply for.

My questions would be:

1) How do you go about organising an externship?

2) Can you do an externship in a different country?

3) How soon into joining a company would you generally do an externship?

4) Do externships work differently across MBB?

Any insight/relevant experience would be appreciated!

1 answer

  • Upvotes
  • Date ascending
  • Date descending
Best Answer
Book a coaching with Alessandro

100% Recommendation Rate

81 Meetings

885 Q&A Upvotes

USD 159 / Coaching

1) Companies generally are aware that consultants are looking to do Externships, so often advertise these types of roles (e.g. project manager for an initiative for 6 months). Yes, you have to apply to them, and they can be very competitive. Bridgespan specifically has a strong relationship with Bain, so there are quite a few spots every year, but this is certainly not guaranteed.

2) Yes, they can be anywhere in the world as long as they are an approved employer

3) Depends - at least at Bain you have to be at the company at least 1 year before exploring any flex options (e.g. Leave of absence, short-term transfers). I have seen it happen at multiple levels, from associate consultant to case team leader (junior manager)

4) I have heard that process is a bit different at McKinsey in terms of approved employers, but you will need a McK person to give you details.

Hope that helps!

1) Companies generally are aware that consultants are looking to do Externships, so often advertise these types of roles (e.g. project manager for an initiative for 6 months). Yes, you have to apply to them, and they can be very competitive. Bridgespan specifically has a strong relationship with Bain, so there are quite a few spots every year, but this is certainly not guaranteed.

2) Yes, they can be anywhere in the world as long as they are an approved employer

3) Depends - at least at Bain you have to be at the company at least 1 year before exploring any flex options (e.g. Leave of absence, short-term transfers). I have seen it happen at multiple levels, from associate consultant to case team leader (junior manager)

4) I have heard that process is a bit different at McKinsey in terms of approved employers, but you will need a McK person to give you details.

Hope that helps!

Related BootCamp article(s)

Interviewer-Led vs Candidate-Led cases

Case Interviews can be led by the candidate or by the interviewer: In Candidate-led cases the main challenge is the structure. In Interviewer-led cases the main challenge is to adapt quickly

Related case(s)

Bain case: Asian lubricants producer

Solved 123.5k times
Bain case: Asian lubricants producer LubricantsCo, a very successful Asian premium producer of lubricants in their native region, would like to further increase their revenue and profit. The product range ranges from lubricants in the automotive sector (e.g. motor and gear oil) to industrial applications (e.g. fats, heavy-duty oils). According to preliminary examinations, further growth potentials in the Asian core market are rather limited. Thus LubricantsCo would like to investigate options to internationalize in the passenger car business – also outside the premium segment which is given priority. Therefore your consulting firm was instructed to elaborate a market entry strategy for the European market.  
4.7 5 28167
| Rating: (4.7 / 5.0)

LubricantsCo, a very successful Asian premium producer of lubricants in their native region, would like to further increase their revenue and profit. The product range ranges from lubricants in the automotive sector (e.g. motor and gear oil) to industrial applications (e.g. fats, heavy-duty oils). ... Open whole case

Bain Case: Old Winery

Solved 51.7k times
Bain Case: Old Winery You have inherited the “Old Winery” from your grandfather, a winery which has been family owned for five generations and can be dated back to the 16th century. Half of the eleven hectares are used to grow white grapes, the other half to grow red grapes. They are grown in the conventional way, i.e. they are not organically farmed and certified. The vine stocks are in a good condition regarding age and care. Overall, only ¼ of the harvest is made into wine by the winery itself; the rest is sold. Your grandfather never wanted to change the image of the winery and left the managerial and administrative task to a young and energetic wine-maker. Due to the not so well-known brand , the demand for the “Old Winery” wine is currently rather low. You do not intent to run the winery operatively, given your limited knowledge of wine making, but find the idea of owning a winery exciting. Your plan is to give the winery some fresh impetus.
4.4 5 1343
| Rating: (4.4 / 5.0)

You have inherited the “Old Winery” from your grandfather, a winery which has been family owned for five generations and can be dated back to the 16th century. Half of the eleven hectares are used to grow white grapes, the other half to grow red grapes. They are grown in the conventional way, i.e. ... Open whole case

Bain Questions

Solved 23.4k times
Bain Questions Tell me about a difficult situation you had to cope with. Tell me of a task which you didn’t like doing and explain why you performed it nevertheless. Why do you do things? What do you like doing most / What is your favorite hobby? Walk me through a situation where you showed leadership skills.
4.6 5 285
| Rating: (4.6 / 5.0) |
Difficulty: Intermediate | Style: Fit interview | Topics: Personal fit

Tell me about a difficult situation you had to cope with. Tell me of a task which you didn’t like doing and explain why you performed it nevertheless. Why do you do things? What do you like doing most / What is your favorite hobby? Walk me through a situation where you showed leadership skills ... Open whole case

Espresso, Whatelse?

Solved 1.4k times
Espresso, Whatelse? Espresso Whatelse is an Italian company that produces coffee and espresso machines since 1908. It is the Italian market leader and has a strong presence overall in Europe. In 2019, Espresso Whatelse has increased its revenues but it has seen declining profit margin. Your client wants to understand the root causes of this 2019 trend and how to increase its profit margin again.  
4.7 5 56
| Rating: (4.7 / 5.0)

Espresso Whatelse is an Italian company that produces coffee and espresso machines since 1908. It is the Italian market leader and has a strong presence overall in Europe. In 2019, Espresso Whatelse has increased its revenues but it has seen declining profit margin. Your client wants to understand ... Open whole case

Coronavirus Times - COVID-19 Brainteaser

Solved 300+ times
Coronavirus Times - COVID-19 Brainteaser You and your family are faced with a challenging set of decisions. Due to coronavirus, your partner has taken a 20% paycut and you are worried you may lose your job. In addition, while daycare is still open, you are worried that sending your two children there will increase the risk of them bringing the virus back to your house, where your elderly grandparents are also staying. How would you go about thinking about this problem, and what would you recommend?
4.5 5 19
| Rating: (4.5 / 5.0)
Difficulty: Beginner | Style: Brain Teaser | Topics: Brain teaser

You and your family are faced with a challenging set of decisions. Due to coronavirus, your partner has taken a 20% paycut and you are worried you may lose your job. In addition, while daycare is still open, you are worried that sending your two children there will increase the risk of them bringing ... Open whole case