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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Starting at McKinsey!

Advice Bain Bain & Co BCG Boston Consulting Group MBB MBB & Big 4 McKinsey McKinsey & Company New Joiner
Most recent answer on Jun 27, 2023
The best answer (on May 11, 2021) 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 May 11, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Congratulations! MOST IMPORTANTLY: Know that no-one can perfectly prepare for the job and that's the point: You will mess up, you will learn, you will be trained and supported. That's OK! You will need t ... (read entire answer)
7
Answers
4.2 k
Views
112
Total Upvotes
on Jun 27, 2023 on Jun 27, 2023
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For Bain: Should You Apply In the Same Office You're Referral Is In

Application Bain Bain & Co Bain & Company Bain networking office preferences Referral Referred
Most recent answer on Mar 22, 2022
The best answer (on Mar 21, 2022) is from:
Andi
Expert
BCG 1st & Final Round interviewer | Personalized prep with >95% success rate | 7yrs coaching | #1 for Experienced Hires
Andi
Expert
gave the best answer on Mar 21, 2022
BCG 1st & Final Round interviewer | Personalized prep with >95% success rate | 7yrs coaching | #1 for Experienced Hires
Hi there,  in short, if your CV is very strong, i.e. meets all the screening criteria, you'll be fine either way - would go for office of choice.  That said, referrals definitely help, be it for you desired office or 2n ... (read entire answer)
8
Answers
1.6 k
Views
52
Total Upvotes
on Mar 22, 2022 on Mar 22, 2022
Last Activity

How am I supposed to know if a certain metric (e.g. 5% growth rate) is considered to be good/weak in a case interview?

Bain & Co BCG BCG Case Interview BCG McKinsey and Bain
Most recent answer on Aug 07, 2021
The best answer (on Aug 06, 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 06, 2021
Top-Ranked Coach on PrepLounge for 3 years| McKinsey San Francisco | Harvard graduate | 6+ years of coaching
Hello! The interviewers won't expect you to have a business background or an inherent view on whether a certain metric is high or low. It will all depend on the context of the case, so I would advise looking for things ... (read entire answer)
6
Answers
1.2 k
Views
72
Total Upvotes
on Aug 07, 2021 on Aug 07, 2021
Last Activity

Difference between positions at Bain

Bain & Co
Most recent answer on Jun 27, 2021
The best answer (on Jun 08, 2021) 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 Jun 08, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Put simply, each role you listed is one level up. Associates are much more in the weeds (working on powerpoints, analysis, etc.) As you move up (i.e. Consultant) you are spending more time with the client gu ... (read entire answer)
3
Answers
600
Views
16
Total Upvotes
on Jun 27, 2021 on Jun 27, 2021
Last Activity

MBB Application with no work experience

Bain & Co BCG McKinsey
Most recent answer on Mar 29, 2021
The best answer (on Mar 28, 2021) 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 Mar 28, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Decent* I'm going to be far more blunt than the other people here - you don't stand a chance. Sorry. If you have done nothing for 2 years and are "decent" in terms of GPA/extracurriculars, there is no chance the top ... (read entire answer)
9
Answers
2.8 k
Views
103
Total Upvotes
on Mar 29, 2021 on Mar 29, 2021
Last Activity

Market sizing as the entire case at Bain

Bain Bain & Co estimations Market sizing
Most recent answer on Mar 07, 2021
The best answer (on Mar 07, 2021) is from:
Clara
Expert
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Clara
Expert
gave the best answer on Mar 07, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Hello! Highly uncommon. Market sizings are included in an overall exercise -most times-. Hope it helps! Cheers, Clara
3
Answers
2.0 k
Views
34
Total Upvotes
on Mar 07, 2021 on Mar 07, 2021
Last Activity
6 results
How likely are you to recommend us to a friend or fellow student?
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0 = Not likely
10 = Very likely