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Moving to MBB

career progression consulting growth strategy MBB Top tier
New answer on Mar 21, 2023
8 Answers
677 Views
Anonymous A asked on Mar 20, 2023

Hi,

I have around 4 years of post-MBA experience in consulting and market research. I am currently working as a consultant in a market research firm (<1000) as a part of its consulting team. My current role allows me to handle small scale projects (market sizing, M&A cases) from SMEs in chemical, material, food, and energy sectors. Currently, I am planning to move to top tier or MBB consulting firms as general consultant. 

What factors to consider or any roadmap to do so?

 

Thanks

Overview of answers

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Francesco
Expert
Content Creator
replied on Mar 21, 2023
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

Q: What factors to consider or any roadmap to do so?

Starting with the invitation, if you want to be invited for interviews with MBB you should work on 3 things:

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1) CV

The key elements they will look for and that you can optimize are:

  • University brand
  • Major
  • GPA
  • Work experience
  • Experience abroad
  • Extracurriculars and volunteer experience

The fact you don't have consulting experience is not a problem if you structure your CV correctly.

Red flags include:

  • Low GPA
  • Lack of any kind of work experience
  • Bad formatting / typos
  • 3-4 pages length
  • Lack of clear action --> results structure for the bullets of the experiences
  • Long paragraphs (3-4 lines) for the bullets of the experiences with irrelevant details
  • Long time gaps without any explanation

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2) COVER LETTER

You can structure a cover in 4 parts:

  1. Introduction, mentioning the position you are interested in and a specific element you find attractive for that company
  2. Why you are qualified for the job, where you can report 3 skills/stories from your CV, ideally related to leadership, impact, drive and teamwork
  3. Why you are interested in that particular firm, with additional 1-2 specific reasons
  4. Final remarks, mentioning again your interest and contacts

In part 2 you can write about experiences that show skills useful in consulting such as drive, problem-solving, leadership, teamwork and convincing others.

It is important that in part 3 you make your cover specific to a particular firm – the rule of thumb is, can you send the exact same cover to another consulting company if you change the name? If that’s the case, your cover is too generic.

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3) REFERRALS

To find a referral, you should follow three steps:

  1. Identify the people that can help you
  2. Write to them a customized email
  3. Have a call and indirectly ask for a referral

You can find more information on networking and referrals here:

▶ How to Get an MBB Invitation 

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BONUS: INTERVIEW PREPARATION

After you managed to get an invitation you need to find out how to pass the interview. You can find more on that at the link below.

▶ How to Prepare for an MBB Interview

Good luck!

Francesco

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Paul
Expert
replied on Mar 20, 2023
PL-level BCG experience (6 years)|Interviewer at BCG| 6/6 personal + 95%+ candidates offer success rate

Hi There,

as already outlined in other post, getting into MBB is not trivial, regardless of background.

Below a step-by-step high-level conceptual roadmap. 

Happy to deep dive

Step 1 - GET INVITED TO INTERVIEWS

0) Diversify Risks: please do not just apply to one MBB - if you are interested in Strat consulting apply to all MBBs (see below for When) and Tier 2 (and potentially some Tier 3) firms. This is a competitive process and you really need to decrease risk level

0.1) Choose target firms/offices: prepare by looking at publicly available sources + reach out in your network to really finalize the short list of firms/offices. (see also point 3 - use introductory sessions w/ consultants to learn more)  

1) Prepare CV

Use the classical template + advices for consulting that you find in many resources in the platform + book a CV review session. Some things to focus on

  • Max 2 page length (if 2 then summary upfront), bullets w/ clear results structure, short paragraphs (no more than 1-2 rows)

2) PREPARE COVER LETTER

Once again leverage the info on platform + schedule session. Use the format Introduction + Why you are qualified, why this firm 

3) GET REFERRALS

  1. Identify the people that can help you in your network/outside your newtwork (e.g. via linkedin)
  2. Write to them a customized reachout - this must be a curated short piece of communication that caters to common background ideally to maximize  
  3. Have a call / interactions (ideally more than one) and indirectly ask for a referral

Step 2 - Prepare for interviews

The platform has plenty of info on how to set a study plan and prepare for interviews (just look e.g. at coach profile pages for approaches).

My strong advice is after you self-prepare and read for 1-2 weeks (5-10 cases) to really get a 1st session with a Coach and build a preparation from there. This will

1) Save you time

2) Increase your likelihood of success by 3-4x

Best of luck!

 

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Emily
Expert
Content Creator
replied on Mar 21, 2023
Ex McKinsey EM & interviewer (5 yrs) USA & UK| Coached / interviewed 300 +|Free 15 min intro| Stanford MBA|Non-trad

So what you need to do to get into MBB varies a bit by firm and office, as they all have slightly different recruiting policies, but broadly you need to do one of:

  • Go in straight after undergraduate / up to two years after you finished your undergrad;
  • Excel in industry for <5 years;
  • Do an MBA 
  • Gain >10 years experience in industry and go in at a senior level

For all of these you need to ace the case and fit interview questions. 

In terms of a roadmap then, you'll want to see if you think that you can move fairly soon having excelled in industry, or consider doing an MBA. To be honest, it is quite tough to move from a different consulting firm into MBB without doing an MBA as you haven't really done the ‘excel in industry’ bit. If I were you I'd see what career events MBB is doing in your city / region and try to meet the recruiting teams and ask their advice on whether an MBA is your best route. 

Good luck!

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Marvin
Expert
updated an answer on Mar 20, 2023
Former BCG Consultant | Startup Founder | Holistic approach to a successful application - cases & beyond | 10% discount

Hi,

Moving from a smaller market research firm to a top-tier or MBB consulting firm can be a challenging but rewarding experience. Some factors to consider and a potential roadmap to follow:

  • Skills and experience: Top-tier consulting firms typically look for candidates with a combination of strong analytical and problem-solving skills, as well as exceptional communication and client-facing skills. Ensure that you have experience in these areas, either through your current job or previous roles. Also look for consulting firms that match your industry experience to increase your chances.
  • Network: Building a network is crucial in the consulting industry, particularly for entry-level roles. Reach out to alumni from your MBA program who work at top-tier consulting firms or attend industry events to meet people who can provide you with advice and referrals.
  • Prepare for case interviews: Familiarize yourself with the case interview format and practice with friends or colleagues. Consider working with a coach to improve your skills and plan a strategic approach to applying.
  • Continuously learn and improve: Keep learning and improving your skills through industry events, webinars, and training courses. This will not only help you in your current role but also make you a more attractive candidate for future opportunities.

/Marvin

(edited)

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Andreas
Expert
replied on Mar 20, 2023
McKinsey EM | Top MBB Coach | >70% Success Rate | Free Introductory Calls

Hi there,

thanks for your question. A few considerations you should have in mind:

o Entry level: (senior) consultant or project leader - really depends on experience level/responsibility today. If in doubt, I would recommend to go for senior consultant role. It is always better to take on more responsibility than being overwhelmed.

o Generalist or specialist role: Your experience sounds quite broad - so generalist role is likely what you should go for. However, if there is a functional / industry you have expert knowledge in you can consider to apply for a specialized track.

o Preparation: Make sure you prepare for the specific application processes at each of MBB firms. A lot of resources are on preplounge & coaches are here to help.

DM me in case I can help further.

Best regards,

Andreas

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Hagen
Expert
Content Creator
replied on Mar 21, 2023
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi there,

I think this is an interesting question that may be relevant for many people. I would be happy to share my thoughts on it:

  • First of all, I would highly advise you to be absolutely clear about the specific position you want to apply for.
  • Moreover, for obvious reasons, you should ensure that you submit the best possible application, including polished application files and a strong referral.
  • Lastly, in parallel with this, I would advise you to start early with your case study and personal fit preparation.

If you would like a more detailed discussion on how to best plan your application in strategy consulting, please don't hesitate to contact me directly.

Best,

Hagen

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Ian
Expert
Content Creator
replied on Mar 21, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

A few major tips:

  1. Get as good a resume as you can (professionally reviewed)
  2. Start getting/building consulting-related experience
  3. Get a solid cover letter
  4. Network a ton (and effectively)
  5. Case prep early and be ready to case by the time you submit applications

Good luck!

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Cristian
Expert
Content Creator
replied on Mar 20, 2023
#1 rated MBB & McKinsey Coach

Hi there, 

This is a great question to ask. And you have a nice profile that should allow you the transition to this role. 

Basically, I suggest you focus on the following steps, especially since you're applying in a tough economic climate:

I've written on this topic at length in the following free guide on PrepLounge: 

https://www.preplounge.com/en/articles/how-to-get-a-job-in-consulting-during-an-economic-downturn

Best of luck!
Cristian

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