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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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Exit Opportunities @ Corp Strategy EV Brand?

Corporate Strategy exit opportunities
Most recent answer on Mar 15, 2024
The best answer (on Mar 14, 2024) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
 gave the best answer on Mar 14, 2024
#1 rated MBB & McKinsey Coach
I don't believe in the ‘stuck’ mindset.  You can always pivot. At pretty much any age or level of experience.  What differs is the complexity of the move.  As long as you know what you need to do and how, any move is fe ... (read entire answer)
6
Answers
140
Views
54
Total Upvotes
on Mar 15, 2024 on Mar 15, 2024
Last Activity

Case Interview Internal Strategy Department

Corporate Strategy
Most recent answer on Feb 28, 2024
The best answer (on Feb 23, 2024) is from:
Gero
Expert
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Gero
Expert
 gave the best answer on Feb 23, 2024
Ex-BCG │200+ Interviews & Interview Coachings @ BCG │ 20+ candidates coached into MBB │WHU/LSE/Nova │ Teacher & Trainer
Hello there, One advice I have is to consider the consulting origins of members of the strategy unit. Similiar to Inhouse Consultancies, due to network effects these units often attract alumns from one or two major cons ... (read entire answer)
8
Answers
192
Views
90
Total Upvotes
on Feb 28, 2024 on Feb 28, 2024
Last Activity

How to enter corporate strategy role without related industry experience?

Corporate Strategy
Most recent answer on Oct 30, 2023
The best answer (on Oct 25, 2023) is from:
Benjamin
Expert
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Benjamin
Expert
 gave the best answer on Oct 25, 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
As others have mentioned, corporate strategy teams are typically filled with ex-consultants.  It is harder to break into corp strat without either relevant industry experience, or consulting experience. I would say the ... (read entire answer)
9
Answers
5.7 k
Views
44
Total Upvotes
on Oct 30, 2023 on Oct 30, 2023
Last Activity

Challenges of transitioning from strategy consulting to corporate strategy

Corporate Strategy
Most recent answer on Sep 28, 2023
The best answer (on Sep 25, 2023) is from:
Benjamin
Expert
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Benjamin
Expert
 gave the best answer on Sep 25, 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Hi, I too faced a similar situation when looking out for roles at the Consultant position / Project Leader position when I was in consulting. Sharing some perspective based on my experience: 1. How do I position and sel ... (read entire answer)
6
Answers
421
Views
61
Total Upvotes
on Sep 28, 2023 on Sep 28, 2023
Last Activity

Booz Allen Hamilton Middle East

booz allen hamilton Corporate Strategy
Most recent answer on Jul 31, 2023
The best answer (on Sep 14, 2021) 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 Sep 14, 2021
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi there, That is indeed an interesting fact you're pointing out, so I'm happy to give you my perspective on that: Booz Allen Hamilton (BAH) really seems to have climbed the ranks in the ME over the past years, especial ... (read entire answer)
4
Answers
912
Views
35
Total Upvotes
on Jul 31, 2023 on Jul 31, 2023
Last Activity

Which MBB has more strategy projects?

business unit strategy Corporate Strategy MBB projects
Most recent answer on Dec 28, 2022
The best answer (on Dec 26, 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 Dec 26, 2022
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi there, This is indeed an interesting question which is probably relevant for a lot of users, thus I am happy to provide my perspective on it: All of the major strategy consulting firms, including McKinsey, BCG, and B ... (read entire answer)
7
Answers
872
Views
51
Total Upvotes
on Dec 28, 2022 on Dec 28, 2022
Last Activity

Career change/intro to consulting

consulting consulting 4.0 consulting analyst Corporate Strategy
Most recent answer on Dec 23, 2022
The best answer (on Dec 22, 2022) 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 Dec 22, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, First and foremost, you're exactly right about networking. Remember, as you network you're not just trying to “get in”. You're also answering your above questions! Ask those people if the role they're in fits ... (read entire answer)
6
Answers
543
Views
38
Total Upvotes
on Dec 23, 2022 on Dec 23, 2022
Last Activity

Investment banking to corporate strategy

Asia Corporate Strategy Hong Kong MBB Singapore
Most recent answer on Nov 19, 2022
The best answer (on Nov 16, 2022) is from:
Benjamin
Expert
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Benjamin
Expert
 gave the best answer on Nov 16, 2022
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Hi, Sharing my POV based on similar considerations and conversations I've had (for context I left BCG SG recently as a Principal). 1. Does taking significant paycut puts me behind with huge difficulty to catch up down t ... (read entire answer)
2
Answers
1.5 k
Views
28
Total Upvotes
on Nov 19, 2022 on Nov 19, 2022
Last Activity

Exit Opps for Post-MBA MBB that AREN'T Fortune 500 Corporate Strategy

Bain BCG Corporate Strategy exit options fortune500 MBB McKinsey Post-MBA Private Equity Venture Capital
Most recent answer on Nov 08, 2022
The best answer (on Nov 07, 2022) is from:
Florian
Expert
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Florian
Expert
 gave the best answer on Nov 07, 2022
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Hey there, Well researched! This is a highly personal choice. At the end of the day, you should pursue what you are passionate about or what allows you to live the lifestyle you desire. An MBB exit after 2 years+ gives ... (read entire answer)
6
Answers
7.3 k
Views
23
Total Upvotes
on Nov 08, 2022 on Nov 08, 2022
Last Activity

Fortune 50 Strategy Interviews

Corporate Strategy fortune500
Most recent answer on Oct 10, 2022
The best answer (on Oct 07, 2022) is from:
Mario
Expert
Ex-Mckinsey (analyst->associate->manager) and now in tech (Bytedance) + Part time interview coach and mentor
Mario
Expert
 gave the best answer on Oct 07, 2022
Ex-Mckinsey (analyst->associate->manager) and now in tech (Bytedance) + Part time interview coach and mentor
Hi there,   Having already done various strategy interviews beyond the world of consulting itself, I would recommend: 1- Covering the basics of strategy consulting interviews Some of these interviewers are ex consultant ... (read entire answer)
9
Answers
473
Views
49
Total Upvotes
on Oct 10, 2022 on Oct 10, 2022
Last Activity

Offer comparison: MBB Consultant vs. Corporate Development/Strategy at FT 500

Bain BCG Client and MBB corporate development Corporate Strategy MBB McKinsey
Most recent answer on Oct 01, 2022
The best answer (on Sep 13, 2022) is from:
Udayan
Expert
Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience
Udayan
Expert
 gave the best answer on Sep 13, 2022
Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience
Congrats on two excellent roles.  In general, I would not compare Corp Dev to MBB - it is highly focused on deal execution and is more of an exit point for ex-Investment Bankers and not ex consultants. Although your rol ... (read entire answer)
5
Answers
1.9 k
Views
46
Total Upvotes
on Oct 01, 2022 on Oct 01, 2022
Last Activity

Startup Employment prior to MBB

Client and MBB Corporate Strategy startup
Most recent answer on Apr 04, 2022
The best answer (on Apr 02, 2022) is from:
Daniel
Expert
Experienced Consultant - Startup Exec|Ex-McK EM, Booz & Co. Consultant | INSEAD MBA
Daniel
Expert
 gave the best answer on Apr 02, 2022
Experienced Consultant - Startup Exec|Ex-McK EM, Booz & Co. Consultant | INSEAD MBA
As having left MBB to join a Start-Up, with a name-brand like Microsoft under your belt, I would recommend you ask yourself: 1) Beyond your future (whether it be MBB or not), are you looking for a new way to be challeng ... (read entire answer)
6
Answers
1.5 k
Views
54
Total Upvotes
on Apr 04, 2022 on Apr 04, 2022
Last Activity

Corporate Strategy or Big 4 Consulting?

big four Corporate Strategy
Most recent answer on Mar 31, 2022
The best answer (on Mar 29, 2022) is from:
Matteo
Expert
McKinsey & Company | Currently offering 1 free coaching session| Happy to PARTNER with you to get an offer from MBB
Matteo
Expert
 gave the best answer on Mar 29, 2022
McKinsey & Company | Currently offering 1 free coaching session| Happy to PARTNER with you to get an offer from MBB
Hello,  thanks a lot for the question. :)  First of all congratulation for your big ambition and determination. They will pay off for sure!  As far as I understood, your main objective is to obtain a job offer in MBB. I ... (read entire answer)
7
Answers
1.9 k
Views
57
Total Upvotes
on Mar 31, 2022 on Mar 31, 2022
Last Activity

Can a consultant in turnaround and restructuring move to MBB?

Bain & Company BCG Corporate Strategy McKinsey & Company Turnaround
Most recent answer on Oct 28, 2021
The best answer (on Oct 25, 2021) is from:
Pedro
Expert
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA
Pedro
Expert
 gave the best answer on Oct 25, 2021
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA
Yes, you can move into MBB and have a more generalist role. No issue at all.Regarding staffing, just be clear on your preferences with the staffing manager.For example, ask for your 1st project not to be on turnaround, ... (read entire answer)
7
Answers
1.7 k
Views
23
Total Upvotes
on Oct 28, 2021 on Oct 28, 2021
Last Activity

I am exploring EY-Parthenon India office at the Manager level. Queries

Corporate Strategy EY-Parthenon india
Most recent answer on Sep 30, 2021
The best answer (on Mar 25, 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 25, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, This is an excellent "excuse" to network! These are great questions to be reaching out with to current consultants! In general, the paths are similar around the world. Here is some useful info to get you ... (read entire answer)
4
Answers
2.3 k
Views
41
Total Upvotes
on Sep 30, 2021 on Sep 30, 2021
Last Activity

Corporate Strategy Final Round Interview

Banking Cases Corporate Strategy
Most recent answer on Sep 22, 2021
The best answer (on Sep 21, 2021) 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 Sep 21, 2021
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Hi! I would contact HR to better understand what to expect! My guess is that you might go through an interview that is similar to a consulting interview. Hope this helps. Best, Anto
4
Answers
683
Views
48
Total Upvotes
on Sep 22, 2021 on Sep 22, 2021
Last Activity

KPMG Case Inteviews - Strategy, M&A

Big Four - Strategy Corporate Strategy Deals Strategy IT Strategy KPMG M&A M&A Case
Most recent answer on Sep 16, 2021
The best answer (on Sep 15, 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 Sep 15, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi Jelena, KPMG generally has candidate-led cases. In terms of case complexity, you should always assume the worst/hardest. Please prepare yourself for a wide range of scenarios here! Read up on the following Q&As f ... (read entire answer)
3
Answers
4.6 k
Views
12
Total Upvotes
on Sep 16, 2021 on Sep 16, 2021
Last Activity

corp strategy or product manger

Corporate Strategy MBA Product Manager
Most recent answer on Sep 05, 2021
The best answer (on Sep 05, 2021) 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 Sep 05, 2021
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Hi! First of all, congrats!!! The other coaches already gave you interesting insights. I'd like to add another factor to consider: who you will work with. Your manager will represent a huge source of learning for you to ... (read entire answer)
6
Answers
564
Views
77
Total Upvotes
on Sep 05, 2021 on Sep 05, 2021
Last Activity

Best MBB for corporate strategy practice

Bain BCG Corporate Strategy corporatestrategy growth strategy MBB MBB - new hire MBB Consulting MBB firm McKinsey
Most recent answer on Apr 21, 2021
The best answer (on Apr 21, 2021) 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 Apr 21, 2021
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi there, There are strong differences even within the same company for different offices. In Italy for example some core sectors are: McKinsey: Financial institutions BCG: Industrial goods Bain: PE, Luxury ... (read entire answer)
3
Answers
1.7 k
Views
35
Total Upvotes
on Apr 21, 2021 on Apr 21, 2021
Last Activity

Corporate strategy to strategy consulting

career progression Corporate Strategy
Most recent answer on Feb 28, 2021
The best answer (on Feb 10, 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 Feb 10, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Hello! Congrats on those two offers! This year the market is terrible, so this is already something to be celebrated. To your question, I am going to answer with more questions :) What is your mid-long term goa ... (read entire answer)
8
Answers
1.3 k
Views
69
Total Upvotes
on Feb 28, 2021 on Feb 28, 2021
Last Activity
1 - 20 of 29 results
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