Hi all,
this is a very subjective question that depends on what position you will have when you join Bain and especially what office or what country you are (e.g. Bain experience, and for that matter MBB experience is significantly different in, say Scandinavia vs. Germany or the US or even Asia). Some offices tend to generate more revenues in a certain industries or with certain projects (e.g. no one would be surprised to hear that MBB and Bain Frankfurt / Germany have a very large portion of Financial Services, Insurances, Private Equity vs. the Berlin office for example). This is just driven by the geography and the type of clients accumulated in a certain area.
Bain US uses a different staffing model (office centric) versus McK and BCG (i.e. as a West Coast Bainie you would likely do most of your cases there and not fly to the Midwest or the East Coast for cases. Those will be served by the local offices). Bain Europe is similar, i.e. clients in a particular country get staffed with Bainies from that country's Bain offices, however not in 100% of the cases. Personally, I was able to work across Europe from the South up to UK and Scandinavia because I asked for it. MAKE YOUR OWN BAIN. A creed you will hear everyday. That said, I think I saw my BCG and especially McK friends more frequently going on cases around the world or in far-flung corners of Europe than myself. Again, Bain staffs regionally for the most part.
Personally, I had the feeling that given Bain's relatively smaller size in general it was easier to switch practices and pursue different cases with different partners, MDs (less red tape). But again, this is subjective. The culture I think, to a certain extent, reflected the ongoing challenge of winning new clients (that may had been served by BCG of MCK before) and, hence, created a more team-like atmosphere.
Private Equity deserves a special mention. All MBB firms engage in Private Equity (i.e. Commercial Due Diligence Consulting for big PE funds). However, most would agree that Bain has a special role and size in this comapred to BCG and McK. Personally, the PE ringfence was one of the key criteria why I ended up signing with Bain. People say consulting years are already accelerated ("dog years"), however this is squared when working in the PE ringfence on CDD (commerical due diligence) or VDD (Vendor Due Diligence) lasting 2-3 weeks (CDD) and 2-3 months (VDD). Incredible refinement of consulting core skills. I enjoyed it that much that I tried to stay as long as possible and, at point, was the junior consultant with the longest tenure in the German PE ringfence (average stay 6 months, I stayed for almost 18 months). Bain was open for it and supported my desires.
A Bainie never lets another Bainie fail. This is not just a HR slogan, this is it. I always had excellent relationships with everyone from junior consultant up to MD. People are very open for mentoring and making things happen. I had the feeling Bain tries to set me up for success throughout and people care.
Professional and personal development is taken very seriously. Development paths are clear and you can expect that you will get all the help, open feedback as possible and that Bain makes sure you get pushed out of your comfort zone every single day to make you a better version of yourself.
Best,
Denis
(edited)