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Consulting Q&A

Consulting Q&A – Ask Questions about Your Career

In this overview, you will find all the questions asked so far by the PrepLounge community. Anyone can ask questions and write answers. Our coaches are also happy to share their expertise. If you like an answer, give it an upvote so that it rises to the top. Here you can also find our guidelines and FAQs for the Consulting Q&A.

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McKinsey vs strategy& offers

2nd tier BCG McKinsey and Bain
Most recent answer on Oct 30, 2023
The best answer (on Aug 13, 2021) is from:
Sofia
Expert
Top-Ranked Coach on PrepLounge for 3 years| McKinsey San Francisco | Harvard graduate | 6+ years of coaching
Sofia
Expert
 gave the best answer on Aug 13, 2021
Top-Ranked Coach on PrepLounge for 3 years| McKinsey San Francisco | Harvard graduate | 6+ years of coaching
Congratulations on your offers! Ultimately this is a very personal choice. It seems like you have taken some time to properly think through what the pros and cons of each option are, so as a next step, I would think abo ... (read entire answer)
7
Answers
3.2 k
Views
66
Total Upvotes
on Oct 30, 2023 on Oct 30, 2023
Last Activity

Salary and Benefits in Germany

2-tier 2nd tier DACH germany inhouse MBB salary
Most recent answer on Aug 19, 2022
The best answer (on Aug 19, 2022) is from:
Simon
Expert
50+ successful coachings / Ex-Mckinsey JEM & Interviewer / Industry + Engineering background
Simon
Expert
 gave the best answer on Aug 19, 2022
50+ successful coachings / Ex-Mckinsey JEM & Interviewer / Industry + Engineering background
Hey anonymous, Let me just add to this conversation that in some markets there are also inhouse consultancies, that can be mapped to the Tier 1 / 2 / 3 logic, e.g. in Germany / US / China often Siemens Management Consul ... (read entire answer)
3
Answers
10.1 k
Views
12
Total Upvotes
on Aug 19, 2022 on Aug 19, 2022
Last Activity

From Full time to Part time

2nd tier
Most recent answer on Feb 11, 2022
The best answer (on Feb 10, 2022) is from:
Moritz
Expert
ex-McKinsey EM & Interviewer | 7/8 offer rate for 4+ sessions | 90min sessions with FREE exercises & videos
Moritz
Expert
 gave the best answer on Feb 10, 2022
ex-McKinsey EM & Interviewer | 7/8 offer rate for 4+ sessions | 90min sessions with FREE exercises & videos
Hey there, Really sorry to hear this and also the very first time I hear something like this! The way I see it, you have a valid FT employment contract. It cannot simply be invalidated because someone, even a Partner, s ... (read entire answer)
5
Answers
873
Views
57
Total Upvotes
on Feb 11, 2022 on Feb 11, 2022
Last Activity

Charity/voluntary talks policy

2nd tier Bain & Company Bain mbb BCG big four Kearney McKinsey Roland Berger Volunteering
Most recent answer on Jan 31, 2022
The best answer (on Jan 02, 2022) is from:
Hagen
Expert
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hagen
Expert
 gave the best answer on Jan 02, 2022
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi there, First of all, congratulations on the charitable engagement! This is indeed an interesting question which is probably relevant for quite a lot of users, so I am happy to provide my perspective on it: Normally, ... (read entire answer)
6
Answers
1.0 k
Views
51
Total Upvotes
on Jan 31, 2022 on Jan 31, 2022
Last Activity

As experienced hire from other background: How to get a consulting job?

2nd tier Bain BCG Cases consulting Experienced Experienced Hire Experienced Professional MBB McKinsey
Question edited on Sep 05, 2021
The best answer (on Nov 02, 2019) is from:
Antonello
Expert
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Antonello
Expert
 gave the best answer on Nov 02, 2019
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Hi, a broad range of industries is the target for MBB experienced hiring. During the interview process, you will be assessed like junior consultants with typical business cases, but with more emphasis on leadership skil ... (read entire answer)
5
Answers
3.3 k
Views
10
Total Upvotes
on Sep 05, 2021 on Sep 05, 2021
Last Activity

2nd Tier/Boutique Firms and In-House in Germany

2nd tier Bain BCG boutique Boutique consulting firms Capgemini Consulting Mck RolandBerger
Question edited on Sep 05, 2021
The best answer (on Oct 29, 2018) is from:
Francesco
Expert
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
 gave the best answer on Oct 29, 2018
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi Anonymous, I would consider Strategy& and Monitor Deloitte. There are also several other international companies you may add to the list like ADL, Parthenon-EY and Simon-Kucher, although they are not usually co ... (read entire answer)
3
Answers
3.3 k
Views
2
Total Upvotes
on Sep 05, 2021 on Sep 05, 2021
Last Activity

After signing the Full-time offer

2nd tier consulting Job offer time to sign the offer
Most recent answer on Dec 31, 2020
Anonymous gave the best answer on Nov 16, 2020
Yes, there is typically a background check that they will need to do. You'll probably have to sgn a consent form for the service provider to authoize them to reach out to past employers. Since you have 10 months, don' ... (read entire answer)
6
Answers
1.1 k
Views
12
Total Upvotes
on Dec 31, 2020 on Dec 31, 2020
Last Activity

Powerpoint skills

2nd tier PowerPoint presentation
Recent activity on Dec 30, 2020
The best answer (on Dec 07, 2020) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
 gave the best answer on Dec 07, 2020
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Power Point First, read "Say it with charts" and "Pyramid Principle". As a next step Google for MBB presentations on SlideShare and try to replicate them in PPT. Finally, take MBA type cases (HBS or any other) a ... (read entire answer)
7
Answers
1.9 k
Views
17
Total Upvotes
on Dec 30, 2020 on Dec 30, 2020
Last Activity

Putting work experience (with an international assignment) less than 6 months on CV? Good or bad?

2nd tier Application application process CV CV screening experience experience abroad MBB
Most recent answer on Nov 18, 2020
The best answer (on Sep 19, 2019) is from:
Deniz
Expert
5+ Years at BCG & Kearney Dubai & Istanbul | 400+ Trainees | Free 15-min Consultation Call
Deniz
Expert
 gave the best answer on Sep 19, 2019
5+ Years at BCG & Kearney Dubai & Istanbul | 400+ Trainees | Free 15-min Consultation Call
Hi, It would be useful if we had more context, but what I can advise is that you should keep this in your CV as international work experience is valuable. You can position this as an internship or contactor/freelancer ... (read entire answer)
5
Answers
1.7 k
Views
6
Total Upvotes
on Nov 18, 2020 on Nov 18, 2020
Last Activity

Hiring Procedure in current time - London office.

2nd tier hiring
Most recent answer on Jul 23, 2020
The best answer (on Jul 22, 2020) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
 gave the best answer on Jul 22, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, The process is exactly the same! In fact, even before covid, it wasn't uncommon for interviews to be conducted virtually. Please remember a few important things: 1) Make sure you have a good + working he ... (read entire answer)
4
Answers
1.0 k
Views
29
Total Upvotes
on Jul 23, 2020 on Jul 23, 2020
Last Activity

Do MBBs/management consulting firms have 'Busy/Low' seasons?

2nd tier Advice application process interview process MBB recruiting recruiting season
Most recent answer on May 27, 2020
The best answer (on Jan 03, 2019) is from:
Mathias
Expert
Ex-McKinsey Engagement Manager / Ex-Diplomat - Perfect choice for non-traditional candidates. Let's get you an offer!
Mathias
Expert
 gave the best answer on Jan 03, 2019
Ex-McKinsey Engagement Manager / Ex-Diplomat - Perfect choice for non-traditional candidates. Let's get you an offer!
Absolutely! Demand is often in line with the vacation/holiday preferences in the country (e.g. summer/Christmas = slow in Western Europe). There are even some offices in Scandinavia that close for a whole month during t ... (read entire answer)
3
Answers
4.8 k
Views
3
Total Upvotes
on May 27, 2020 on May 27, 2020
Last Activity

Does Roland Berger have tie-ups with business schools for MBA?

2nd tier Bain BCG M7 MBA MBA Mck RB Roland Berger RolandBerger
Most recent answer on Nov 12, 2019
The best answer (on Nov 07, 2019) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
 gave the best answer on Nov 07, 2019
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, Not sure what you mean by tie-ups. Consulting background is one of the most common applicant's backgrounds. The brand is well known. You have to compete however with the other candidates both with similar and diff ... (read entire answer)
4
Answers
3.4 k
Views
6
Total Upvotes
on Nov 12, 2019 on Nov 12, 2019
Last Activity

Are there any firms that tend to give relatively easy interviews?

2nd tier Case Interview Difficulty tier3
Recent activity on Apr 21, 2019
The best answer (on Apr 21, 2019) is from:
Riccardo
Expert
FREE 15min call | #1 Bain Coach |10y+ experience helping candidates securing MBB offers| Tailored prep | 5 stars reviews
Riccardo
Expert
 gave the best answer on Apr 21, 2019
FREE 15min call | #1 Bain Coach |10y+ experience helping candidates securing MBB offers| Tailored prep | 5 stars reviews
Hi, I agree non-MBB interviews are generally easier but what also influence how challenging interviews can be is: - The office (main offices e.g. London / NY tend to have more competitive recruiting processes & you ... (read entire answer)
5
Answers
3.1 k
Views
14
Total Upvotes
on Apr 21, 2019 on Apr 21, 2019
Last Activity

Networking tips for an experienced hire in Toronto

2nd tier ATKearney coffee MBB networking oliverwyman
Recent activity on Feb 08, 2019
The best answer (on Jan 29, 2019) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
 gave the best answer on Jan 29, 2019
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, I would start with understanding where your experience fits best in consulting. If we take the BIG3 companies as an example, there may be multiple options: You have some general experience that is relevant for ... (read entire answer)
2
Answers
2.2 k
Views
1
Total Upvotes
on Feb 08, 2019 on Feb 08, 2019
Last Activity

Differences between MBB and Tier2 interviews

2nd tier MBB
Recent activity on Feb 05, 2019
The best answer (on Feb 04, 2019) is from:
Guennael
Expert
Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews
Guennael
Expert
 gave the best answer on Feb 04, 2019
Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews
In my experience, the main difference will be the level of expectations: - Both MBB & TIer2 will have a case + fit portions. Yes, some MBB and some Tier2 will also add specific sections, but this is the general st ... (read entire answer)
4
Answers
4.6 k
Views
14
Total Upvotes
on Feb 05, 2019 on Feb 05, 2019
Last Activity

From software engineer/architect into management consulting

2nd tier Accenture Application BCG McKinsey and Bain management consulting MBB strategy consulting
Recent activity on Dec 03, 2018
The best answer (on Dec 03, 2018) is from:
Guennael
Expert
Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews
Guennael
Expert
 gave the best answer on Dec 03, 2018
Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews
This is directionally right, yes: MBB wants good people, and will train them as needed. Best way to get admissions is to get an interview and crack the case. With a PhD + MBA, you have a solid background. Hopefully one ... (read entire answer)
2
Answers
2.8 k
Views
2
Total Upvotes
on Dec 03, 2018 on Dec 03, 2018
Last Activity

How is the work/life balance/working hours in Middle East?

2nd tier dubai MBB Middle East Oliver Wyman
Recent activity on Nov 27, 2018
Anonymous gave the best answer on Nov 27, 2018
Based on friends and colleagues in the middle east, It is definitely known as a tough Geography to work in, in terms of hours. This is due to a couple reasons: A lot of growth/strategy cases that are very demanding ... (read entire answer)
3
Answers
5.3 k
Views
8
Total Upvotes
on Nov 27, 2018 on Nov 27, 2018
Last Activity

MBB/2nd Tier/Boutique/In-house?

2nd tier application process boutique CV events germany interview process MBB
Recent activity on Oct 04, 2018
The best answer (on Oct 02, 2018) is from:
Francesco
Expert
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
 gave the best answer on Oct 02, 2018
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi Anonymous, there are several differences between traditional strategy consulting such as MBB or second tiers and in-house firms. The main ones are: Industry/Projects/Client Focus - In in-house consulting you wi ... (read entire answer)
3
Answers
2.8 k
Views
7
Total Upvotes
on Oct 04, 2018 on Oct 04, 2018
Last Activity
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