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How flexible are MBB with start dates?

MBB
New answer on Jul 23, 2021
6 Answers
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Dela asked on Jul 21, 2021

Hi everyone, I'm a medic looking to transition into a consultancy role. I'm getting ready to apply to MBB. However I also have an offer for a masters in economics at UCL with a scholarship. I have to pay a £1000 deposit to secure my place on the MSc programme.

In an ideal world I would be able to press pause on the world, go do the MSc (mostly for personal interest reasons and also to add a bit more depth and dimension to my qualifications) and then come back to start a consultancy role.

I don't believe the MSc will alter/improve my chances significantly for my job application.

My plan is to accept the MSc (which starts in October), apply for jobs in the meanwhile and hope that if I get a role (as a first level expericenced-hire, e.g. associate level at McKinsey) I can ask for my start date to be next year. Does this sound viable?

Thank you in advance :)

(edited)

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Erica
Expert
replied on Jul 22, 2021
Ex-McKinsey / 100% offer rate / LBS / Principle driven / Real case/ If you get the interview, you should get the offer!

Hi Dela,

Well done on getting into the master program in UCL! You'll love the life in central London :)

Usually MBB are quite flexible with the starting date. I don't know how long is your master program but in most cases they can extend starting date for maximum one year. However, bear in mind that if they urgently need your background for certain project, they may not be as flexible.

My suggestion is, during your chat with the recruiter, which usually happens after you pass the resume screening, explain your situation and ask him/her what would be the best way for you to proceed. Don't worry, MBB will not turn down the right candidate based on these small details.

Hope this helps!

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Dela on Jul 22, 2021

Hi Erica! Thank you so much for your kind words, and your super helpful reply! I'm delighted to hear they generally have good flexibility. And I cannot wait for life and study in central London :D

Francesco
Expert
Content Creator
replied on Jul 22, 2021
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi Dela,

I agree with Erica, usually MBB are quite flexible with the starting date as they are always hiring.

If your master is 12 months, you should be fine. Having said that, you can connect with the recruiter before your first round to confirm that and see if it makes sense to do the round as scheduled or if it is better to postpone it to later on.

Best,

Francesco

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Dela on Jul 22, 2021

Hello Francesco, appreciate your reply, I have accepted my offer with more confidence now :D

Florian
Expert
Content Creator
replied on Jul 22, 2021
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Hey there,

Yes, that sounds viable. McKinsey offers are - in most countries - valid for 12 months and in special cases can also be extended by a bit.

Enjoy your time in London!

Cheers,

Florian

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Dela on Jul 22, 2021

Hey Florian, thank you for your advice and kind words :)

Ian
Expert
Content Creator
replied on Jul 22, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi Dela,

MBB should be flexible with start date so you should be safe here! Consider adding your Masters (with exp date) to your resume, and make sure to have open/honest conversations with HR during this procress.

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Dela on Jul 22, 2021

Thanks Ian, great suggestion!

Antonello
Expert
Content Creator
replied on Jul 22, 2021
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

Hi, I confirm MBB are flexible about the hiring period. I suggest explicitly talking about it with HR

Best,
Antonello

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Dela on Jul 22, 2021

Hi Antonello, I appreciate your reply :)

Len updated an answer on Jul 23, 2021

Hi Dela,

Adding to the helpful comments, most of the consultancies in London recruit 1 year before taking in their candidates. So, if you apply this autumn and get an offer, you would very likely start to work next year in autumn.

Enjoy London!
Cheers

(edited)

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Erica gave the best answer

Erica

Ex-McKinsey / 100% offer rate / LBS / Principle driven / Real case/ If you get the interview, you should get the offer!
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