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Tag: "Travel"
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Travel

    MBB in Italy?!

    Bain BCG exit opportunities exit options italy MBB Mck Perks Travel
    Most recent answer on May 11, 2021
    <p>Hello everybody,</p> <p>I am a Bocconi graduate student interest in pursuing a career in the Italian office of one of the MBBs. I have read a lot of contents with regards to different culture, industries and wlf but I have found nothing addressing this "specific" questions:</p> <ul> <li>Do consultants travel a lot also in the Italian offices or they spend a large part of time in Milan? If the answer is affermative, do you travel a lot abroad or mainly inside Italy?</li> <li>In terms of salary juniors tend to earn around 40k (source: Glassdor), a part from that what are the main perks offered by each firms? (i.e. free dinner/taxi if you stay late, mobile phone, laptops…)</li> <li>I have read that, after a few projects, is possible to ask for specializing in a particular industry. Is it also possible to specialize in a particular practice rather than a sector (es: corporate finance and strategy rather than automotive/energy/aereospace…)</li> <li>Is PE really a possible exit opportunity?</li> <li>Given that is quite difficult to transition in another country's office, which are the most common method to find a job abroad after consulting?</li> </ul> <p>Thanks in advance :)</p> <div> </div>
    Hi there, Depends on the project and company (easier to be staffed in Milan for financial service), but in general yes, you will travel a lot. Mainly in Italy but possible also abroad (I did both) Standard ones, y ... (read entire answer)
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    on May 11, 2021
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    Is there international travel in consulting?

    BIG3 International Travel
    Most recent answer on Apr 30, 2021
    <p>Hello! </p> <p>I was wondering if consultants (especially those starting off their career at a Big 3 firm) travel internationally. My theory as well was that consultants in Europe might do so a bit more since countries are closer to one another, whereas a consultant in the US might just travel domestically. </p>
    Hey there, Answer from McK perspective. McK has a global staffing model and there is tons of travel (German office). At the peak, I had weeks with 6 flights...usual week was 2 flights (Sun/Mon to Thurs) if staffed in ... (read entire answer)
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    on Apr 30, 2021
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    Is working from home a thing here to stay?

    COVID-19 dubai Travel
    Most recent answer on Mar 15, 2021
    <p>Hello everyone :)</p> <p>I will start at S&amp; in Dubai after the summer and I was told that I will be on remote throughout 2021. For those more familiar with the current situation, do you see this as a perk that will be extended even to the post pandemic?</p>
    Unlikely a 100% work from home model for Consulting will happen post COVID, but equally unlikely that Consulting firms will get back to 100% on-site/office based model like before at least in 2021 & 2022. Clients ... (read entire answer)
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    on Mar 15, 2021
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    What are firms currently saying about a return to travel post-pandemic?

    COVID pandemic remote work Travel
    Most recent answer on Dec 27, 2020
    <p>I'm wondering if any firms out there have either given concrete guidance on what to expect for a return to client site work and travel once the pandemic is "over" OR if any of them have even starting leaning toward a less travel-intensive model than before. I'm actually hoping that my new role stays remote but not sure if there will be a large industry shift or if it will be heavily employer-dependent. Saves a ton of money - not sure why it wouldn't be a bigger draw to some firms.</p>
    Hey there, In UK and Europe broadly, every company is reviewing the situation and following whats best for their employees and clients. Its still largely work from home till Mar '21 at least. People are travelling onl ... (read entire answer)
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    on Dec 27, 2020
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    McKinsey and BCG Policy differences in detail (for Germany)

    BCG Guidelines McKinsey McKinsey vs BCG Travel
    Most recent answer on Aug 26, 2020
    <p>Hello everyone,</p> <p>I hope you are all doing fine and continue to be healthy!</p> <p>I don't want to start another topic related to McK vs. BCG and how they differ regarding prestige, network, culture, or exit opportunities because I think there are already a lot of really good answers.</p> <p>What I am interested in is how policies/guidelines that affect everyday life as a consultant are different between those firms in Germany. The background to this question is that I participated in a McKinsey virtual event last week and had the unique opportunity to have a 15 minute Zoom Call with a really honest engagement manager who also worked at BCG for a few years and therefore had some really nice insights how guidelines/policies differ.</p> <p>For example:</p> <p>1.) Educational Leave: When using the educational leave in Germany to pursue a Phd, you could leave McKinsey directly after finishing the Phd without having to pay back the money, while in the case of BCG you commit yourself to work for BCG for another 1 or 2 years upon return. If you leave earlier, you have to pay back a share of the study fees.</p> <p>2.) Travel Policy: At McKinsey Germany, they "only" pay the travel costs from the client to the home office location and vice-versa. For example, if I am assigned to the Berlin office and have a project in Munich, McK pays for flights between those locations but wouldn't pay for a flight to e.g. Frankfurt, in case I wanted to spend my weekend there and go to the Frankfurt office on Friday. This is quite different from BCG Germany as they allow you to travel to the client from every BCG location in Germany, even if it is not your designated home office and also travel from the client to a location that is not your home office.</p> <p>3.) Hotels on Sundays: I know that at BCG Germany you can also arrive at the clients location on Sundays and they will pay the additional night, is this also the case for McK?</p> <p>I know it might be difficult to get some insights into such guideline and policy differences as only a few people worked for both firms, but in case you are aware of any other differences, I would really appreciate some insights!</p>
    Hi! Number 1 is true Number 2 and 3 are not really true - it all depends on the project and client needs! So at the end of the day, the responsible partner will decide on it. Unless there are clear reasons why it ... (read entire answer)
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    on Aug 26, 2020
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    is the corona crisis going to lead to less travel in the future for MBB consultants ?

    Coronavirus covid19 Future Travel
    Most recent answer on Jun 12, 2020
    <p>"Expect your post-pandemic work calendar to contain fewer meetings overall", says Nadjia Yousif, managing director, and partner of Boston Consulting Group’s London office.</p> <p>Do you think this crisis will affect the nature of work for consultants in the future? </p> <p>Is this going to lead to a better work-life balance for MBB consultants? </p> <p>To what extent is this going to change the business trips? </p> <p>Is this going to lead a shift towards working from home some days of the week? </p> <p>What are your thoughts on this, I am interested to hear from people who are working in the field, about their views of the future. </p>
    I imagine plenty of current consultants are crossing their fingers in hope! As some of the other experts pointed out, this will fundamentally be driven by the client's needs. Certainly, as clients adapt, so will MBB ... (read entire answer)
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    on Jun 12, 2020
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    Less traveling in the MENA Region ?

    consultinglifestyle MiddleEast Travel
    Question edited on May 26, 2020
    <p>This question addresses the Middle East region:</p> <p>Do you see <strong>Traveling decrease</strong> significantly, on both short and long term, in the region because of <strong>current Covid context</strong> ? Internal insights that I have are diverse, for ex. a friend from <em>Booz Allen Hamilton</em> says that Yes it should definetely impact there working lifestyle drifting gradually to virtual and remote working on the long term, in parallel to a friend from <em>Kearney</em> that says clients in this region are still very keen on having face to face weekly interraction, with travelling and working at the client still being a big part of the typical consulting practice. What do you think ?</p>
    Hello! So these are my toughts: Short term: for sure this is going to impact travelling -indeed, we are seeing it every day in our own lives, everyone is working from home! Only Germany-Austria offices are starti ... (read entire answer)
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    on May 26, 2020
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    I'm curious...has the COVID-19 pandemic affected consultants' travel thus far to client sites?

    Coronavirus covid19 remote work Travel
    Most recent answer on Mar 27, 2020
    <p>Just wondering how firms are reacting and how it is affecting ongoing projects.</p>
    Hello! Yes, indeed. As you can see in all news now, all companies almost globally have banned traveling unless business critical needs. Consultants are working from home and some engagements have been postponed (th ... (read entire answer)
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    on Mar 27, 2020
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    Is travel time really working time?

    Bain BCG flights MBB McKinsey Travel workload
    Most recent answer on Jan 06, 2020
    <p>Hi all! Given the large amount of travel you have to manage at MBB, do consultants really have to work during these times? Like, on planes? I can hardly imagine this being efficient, let alone confidentiality issues. Any insights?</p>
    Hi! That's indeed a bit tricky! The truth is that, formally, McKinsey and BCG strongly discourage (if not prohibit) working on flights, due to confidentiality. But the truth is also that the majority of consultants ac ... (read entire answer)
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    on Jan 06, 2020
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    Travelling as a consultant

    Travel
    Recent activity on Sep 03, 2018
    <p>Hi guys!</p> <p>I am apologizing in advance for asking several questions in connection with such a silly topic, but for me this is very important.</p> <p>I am obsessed with travelling, for me this would be the main reason to become a consultant.</p> <p>Is this appropriate telling the below written sentences to the interviewer at the fit part of the interview?</p> <p><em>“I would like to work in as many countries as possible: this is the main reason why I would like to join to the world of consultants. Of course, I have other reasons, but this is the most important for me.</em></p> <p><em>It is understood, that the quick self-progress, the work environment, including the mostly Forbes 500 clients and the plenty of genius colleagues are also big advantages. But if I have to choose only one from the perks an MBB company can offer to me, I would pick the travelling opportunities.”</em></p> <p><u>My other questions:</u></p> <ol> <li>As most of you had a quite long history in this business, can you tell me please, in which countries (cities) have you been working during your MBB-career (if you are, or were not big travel maniacs, tell me about your colleagues)?</li> <li>Do you having had the opportunity to visit the cities in you are hosted, e.g. after work or at weekends?</li> <li>Generally speaking (probably it depends on the actual project), how much time do you have to sightseeing?</li> <li>Do the MBB firms <em><strong>always </strong></em>offer you the opportunity to spend your weekends at the hotel on the spot (i.e. depends on you, whether you accept this or not), or you <em><strong>have to go back</strong></em> to your original office for Fridays? If you stay at weekends abroad, do the firms pay your accommodation and give you a daily fee as in workdays?</li> <li>Is that true, that at weekends you can visit the surrounding cities (or even countries) of your project’s city, assuming, that the air tickets to there are cheaper than to home? (As an example: you are hired by a European office; you work on a project in Bangkok, Thailand, and at one weekend you would like to visit Hanoi, Vietnam, at another weekend Vientiane, Laos, etc.; most probably these air tickets would be cheaper than travelling back to Europe.)</li> </ol> <p>What do you think about asking the interviewers – among others, of course – about their “travel history” at their current firm during the last part of the interview?</p> <p>Thanks in advance for your responses!</p> <p>Best regards!</p>
    Hi Anonymous, I will focus on your main question in my reply. I would personally not recommend to use travelling as a main reason for joining a consulting firm for a couple of reasons. First of all, joining consulti ... (read entire answer)
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    on Sep 03, 2018
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    What does inside a Consultant’s suitcase look like? How many shirts, pants, suits, shoes?

    BCG Business consultant New Travel
    Recent activity on Aug 08, 2018
    Anonymous A asked on Aug 07, 2018
    <p>Trying to find the balance of shirts, pants, suits, and shoes to bring. Don’t want to overpack and trying to pick up 1 or 2 tricks for being a road warrior. </p>
    Trying to find the balance of shirts, pants, suits, and shoes to bring. Don’t want to overpack and trying to pick up 1 or 2 tricks for being a road warrior.
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    Possible to live in a different city than your home office?

    home office local staffing Travel
    Recent activity on Jun 27, 2018
    <p>Assume my family and I live in city X, but my MBB home office is in city Y which is a 1 hour flight away. Also assume that most of my cases will be based out of city X.</p> <p>Is it possible to work in city X Mon-Thurs at the client site while spending nights with my family, then fly back to my home office in city Y for Friday, then return to city X on Friday night?</p> <p>The only main difference I see would be moving the typical Monday morning flight up to Friday night. Is this type of arrangement permitted?</p>
    Hi Anonymous! In principle this is possible and I have seen this in several locations. However, it depends mostly on the tax regime in the respective country! In Germany or South Africa for example, such travel from a ... (read entire answer)
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    on Jun 27, 2018
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    So I got an interview invite from Tier 1 and in the invitation e-mail, HR did not mention anything regarding the travel arrangements. I would have to take a flight to get to their office and also book a hotel. So Im wondering if its polite to just directly ask the HR regarding the travel arrangements?

    Travel
    Recent activity on May 31, 2018
    Hi Anonymous, I would recommend to directly reply to the email from HR, thanking them for the information. Then mention that you would like to clarify on logistics. Since you arrive from XYZ, should you go ahead and b ... (read entire answer)
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    on May 31, 2018
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    Travelling options and information

    BCG McKinsey Perks Travel
    Recent activity on May 18, 2018
    <p>Hi guys!</p> <p>This website has helped me a lot, there are plenty of useful information here, thank you very much for your contributions!</p> <p>Since most of the questions are obviously related to the selection process and interviews, I think I am well-informed in those topics.</p> <p>Therefore, I am inquiring about the travelling, since this the most important factor for me, when I am pondering about why I would like to join to McKinsey or BCG (unfortunately Bain is not present in my country).</p> <p>1) Based on your experiences how much can a consultant travel, if this is very important for him? I know that this depends from a lot of things (base office, available projects, number of foreign clients, etc.), but there must be a trend.</p> <p>2) Anyway, sorry for the stupid question, how does the selection of employees for a project look? What are the criteria? How much influence does the given consultant have (e.g. John Smith adores South America, but hates – let’s say – France)?</p> <p>3) Is it possible to stay abroad at weekends in the hotel? Or you have to go back to your base office on every Thursdays / Fridays?</p> <p>4) What do you receive during your abroad “secondments”, taking into consideration that the cost of living differs from country to country? Do the firms cover at least partly your daily expenses in a foreign city (above the air ticket, of course)?</p> <p>Thank you in advance for your answers.</p> <p>Best regards</p>
    Hi Anonymous, from the way you frame your question, I get the feeling that you do not want to limit the amount of travel, but rather maximize it. Is this correct? There are a couple of points to consider: Market: ... (read entire answer)
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    on May 18, 2018
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    How to limit and manage amount of travel?

    Bain BCG MBB McKinsey Travel
    Recent activity on Feb 17, 2018
    <p>Is it possible to limit the amount of travel at MBB firms to avoid being away from home during all week? If so - how?</p> <p></p>
    A couple of points to consider: Market: If you are looking at highly decentralised economies (like Germany for example; same goes for the US), travel is more likely. In more centralised settings (like France, UK), m ... (read entire answer)
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    on Feb 17, 2018
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