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Differences between the roles in McKinsey and Bain

analyst associate consultant business analyst Career Advising career progression consultant consultants consulting consulting firms junior associate

Most recent answer on Apr 22, 2024

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Apr 21, 2024

#1 rated MBB & McKinsey Coach

I fully understand the concern. Honestly, the best way to address it is to speak directly with the recruiter. That's because there are also differences between role ‘hierarchies’ between regions. For instance, some reg ... (read entire answer)

5
Answers

96
Views

47
Total Upvotes

on Apr 22, 2024 on Apr 22, 2024
Last Activity

Top tier/tier2/tier3 consulting firms??

consulting consulting firms consulting industry germany MBB order tier1 tier2 tier3 Top tier

Most recent answer on Apr 22, 2024

Christine

Admin

PrepLounge Community & Marketing Manager

Christine

Admin

gave the best answer on Oct 21, 2021

PrepLounge Community & Marketing Manager

Hi there, Thank you for this question! It's not stupid at all. Everyone starts somewhere and I believe the answers by our case coaches have helped a lot of candidates to get a feeling of the industry. If you have alrea ... (read entire answer)

27
Answers

218.2 k
Views

147
Total Upvotes

on Apr 22, 2024 on Apr 22, 2024
Last Activity

Consulting partnership with another firm

consulting consulting firms consulting industry

Question edited on Apr 10, 2024

Alberto

Expert

Ex-McKinsey Associate Partner | +15 years in consulting | +200 McKinsey 1st & 2nd round interviews

Alberto

Expert

gave the best answer on Apr 08, 2024

Ex-McKinsey Associate Partner | +15 years in consulting | +200 McKinsey 1st & 2nd round interviews

Hi there, It is difficult to judge based on the limited information you shared. A few questions for you to think if this is a fair deal: Are you keeping a fair share of the revenue after paying the 15% commission? What ... (read entire answer)

5
Answers

94
Views

55
Total Upvotes

on Apr 10, 2024 on Apr 10, 2024
Last Activity

Looking for exciting discussions from the community?

Strategy& vs. Roland Berger in London

consulting firms consulting industry London Roland Berger strategy&

Most recent answer on Nov 30, 2023

Dennis

Expert

Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe

Dennis

Expert

gave the best answer on Nov 30, 2023

Ex-Roland Berger|Project Manager and Recruiter|7+ years of consulting experience in USA and Europe

Hi, I have personal experience with RB and can say that the London office mainly focuses on due diligence work. Projects are done out of the office with typically little travel. That said, many consulting firms located ... (read entire answer)

4
Answers

7.2 k
Views

24
Total Upvotes

on Nov 30, 2023 on Nov 30, 2023
Last Activity

What's the difference between MBB and other top tier consulting firms?

consulting firms difference MBB Middle East Resume tier1 Top tier

Most recent answer on Oct 12, 2023

Robert

Expert

McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

Robert

Expert

gave the best answer on Oct 15, 2020

McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

Hi Anonymous, While the overall search criteria are basically the same, details vary by company. Also consider that recruiting and screening is not only an exact science, but also some kind of art - it's not always bl ... (read entire answer)

21
Answers

17.9 k
Views

97
Total Upvotes

on Oct 12, 2023 on Oct 12, 2023
Last Activity

What is your opinion about AT Kearney? And what are the "rising stars" in the consulting industry in general?

ATKearney boutique firms consulting consulting firms

Most recent answer on Oct 11, 2023

Benjamin

Expert

Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Benjamin

Expert

gave the best answer on Oct 11, 2023

Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi, Sharing my perspective having started at Kearney, before moving to MBB. Kearney in many respects is a good T2 firm, and there are pros of working at a smaller firm In their core industries/functional areas, they can ... (read entire answer)

6
Answers

5.7 k
Views

25
Total Upvotes

on Oct 11, 2023 on Oct 11, 2023
Last Activity

Firms for Graduates

boutique firms consulting firms

Most recent answer on Jun 06, 2023

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 May 30, 2023

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there, Q: Are there any other recommended firms I should look into besides LEK, Oliver Wyman, Kearny, and EY? You can have a look at the following article I wrote below: ▶ Top 15 Consulting Firms by Revenues and Pres ... (read entire answer)

8
Answers

589
Views

91
Total Upvotes

on Jun 06, 2023 on Jun 06, 2023
Last Activity

List of inhouse consultancies

consulting firms consulting industry inhouse consulting

Most recent answer on Aug 19, 2022

Anonymous gave the best answer on Apr 28, 2017

Most large firms tend to have internal consulting arms now to avoid spending 4-10x on hiring MBBs, prefering to do that only for the most strategic engagements. Some names that come to mind: 1. Siemens Management Co ... (read entire answer)

3
Answers

6.4 k
Views

3
Total Upvotes

on Aug 19, 2022 on Aug 19, 2022
Last Activity

How to decide which firm should I join (France)

consulting firms

Most recent answer on Jul 05, 2022

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 Jul 04, 2022

ex-McKinsey EM & Interviewer | 7/8 offer rate for 4+ sessions | 90min sessions with FREE exercises & videos

Hi there, There's a path to MBB through each of those 3. As for ADL/Accenture, there's a number of people who used it as a stepping stone to MBB - they're equally valid. You will be able to develop a good value proposi ... (read entire answer)

5
Answers

617
Views

37
Total Upvotes

on Jul 05, 2022 on Jul 05, 2022
Last Activity

How does the MBB firms differ in Dubai

Bain & Company BCG McKinsey and Bain Boston Consulting Group consulting firms McKinsey Which firm?

Most recent answer on Jun 03, 2022

gave the best answer on Jun 01, 2022

Hi there, To be a consultant, you need to be objective-driven. Let's practice now :) What aspects matter to you? What, specifically, do you want to know about each firm in Dubai? Instead of being so open ended, which wi ... (read entire answer)

4
Answers

951
Views

18
Total Upvotes

on Jun 03, 2022 on Jun 03, 2022
Last Activity

Knowledge sharing platforms

consulting firms

Most recent answer on Sep 19, 2021

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Sep 18, 2021

#1 rated MBB & McKinsey Coach

That's interesting. I actually asked the same question when I joined. What I then learned is that in theory (and more often than not in practice), big consulting firms should have internal ‘chinese walls’ (yes, strange ... (read entire answer)

4
Answers

974
Views

65
Total Upvotes

on Sep 19, 2021 on Sep 19, 2021
Last Activity

Differences between firms

Accenture Strategy Bain & Company BCG Consulting Firm consulting firms Oliver Wyman

Most recent answer on Sep 08, 2021

Antonello

Expert

McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

Antonello

Expert

gave the best answer on Sep 07, 2021

McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

Hi! I worked at McKinsey, which is not on your list, but I can also give you more information on the other companies if you'd like. Best, Anto

4
Answers

1.6 k
Views

38
Total Upvotes

on Sep 08, 2021 on Sep 08, 2021
Last Activity

Do you have a question for our consulting experts, too?

What are MBB, Tier2 and Big4's specific aspects?

Big 4 Big Four - Strategy Change Firm choose the right firm consulting firms firmconsulting interview questions MBBS tier 2 consulting tier2

Most recent answer on Sep 02, 2021

gave the best answer on Sep 01, 2021

Hi there, This is a huge question for a Q&A! Happy to help you compare 2 specific firms, but All MBB, Tier2, and Big4 is insanely broad :) Now, let me help you “fish”: Google is your friend. There are a myriad resou ... (read entire answer)

4
Answers

986
Views

27
Total Upvotes

on Sep 02, 2021 on Sep 02, 2021
Last Activity

Management Consulting Referrals

consulting firms referrals

Most recent answer on Mar 22, 2021

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 Mar 22, 2021

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there, You cannot ask / pay someone to refer you directly. However, you can learn how to get a referral. You can find more at the link below: https://www.preplounge.com/en/consulting-forum/hey-everyonehope-all- ... (read entire answer)

6
Answers

1.1 k
Views

62
Total Upvotes

on Mar 22, 2021 on Mar 22, 2021
Last Activity

What are real alternatives to MBB firms?

alternatives Bain & Company BCG career consulting firms MBB McKinsey

Most recent answer on Oct 31, 2020

Ignacio

Expert

MIT MBA | Bain & Co | Ex-Google | 4+ year coaching experience

Ignacio

Expert

gave the best answer on Jan 25, 2017

MIT MBA | Bain & Co | Ex-Google | 4+ year coaching experience

I felt the same when going through my interviews. Consulting is a career accelerator but it is definitely not the only one. In my opinion, some real alternatives to MBB are: Consolidated tech companies (e.g. Faceb ... (read entire answer)

5
Answers

8.9 k
Views

14
Total Upvotes

on Oct 31, 2020 on Oct 31, 2020
Last Activity

I'm just starting my MS at a target school and want to apply to MBB. The applications ask for GPA which I don't have

Bain Boston Consulting Group consulting firms GPA grades Master MBB McKinsey transcript

Most recent answer on Oct 30, 2020

Anonymous gave the best answer on Aug 16, 2020

Dear A, I think that you shoutl still apply and put an expected level of your GPA. If there will be some further issues you can right to the recruiting team. Wish you all the best, André

5
Answers

1.1 k
Views

15
Total Upvotes

on Oct 30, 2020 on Oct 30, 2020
Last Activity

In Germany harder than other countries?

Application application process consulting firms German germany interview process management consulting MBB

Most recent answer on Jun 19, 2020

Anonymous gave the best answer on Oct 04, 2018

Agree with all the other answers. Germany is probably the toughest in Europe, but less than Korea or Japan. That being said, I would add that Germans are in many ways a cultural anti-thesis to East Asia. Germans are ... (read entire answer)

6
Answers

4.3 k
Views

18
Total Upvotes

on Jun 19, 2020 on Jun 19, 2020
Last Activity

Consulting + good work life balance?

big four Big Four - Strategy consulting firms work life balance working conditions working hours

Most recent answer on Jun 16, 2020

Anonymous B gave the best answer on Mar 31, 2017

Hi! From my personal experience, I agree with Chris and Matteo’s answer. There’s always a trade off. At big 4, The working hours may be better, but you may also get bored at times. At MBB you have more demanding tasks ... (read entire answer)

4
Answers

8.5 k
Views

3
Total Upvotes

on Jun 16, 2020 on Jun 16, 2020
Last Activity

In your experience, which consulting firm offers the best internships?

consulting firms internship learning

Most recent answer on Jun 11, 2020

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 Apr 15, 2017

Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews

I'm afraid there is not unique answer here. In a consultancy, your work will largely depend on the project and your manager. Ultimately, you are asking the wrong question: start with the type of work you actually want t ... (read entire answer)

4
Answers

3.4 k
Views

2
Total Upvotes

on Jun 11, 2020 on Jun 11, 2020
Last Activity

How has the consulting industry changed in the last 5/10 years?

change consulting consulting firms consulting industry

Most recent answer on Jun 10, 2020

Robert

Expert

McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

Robert

Expert

gave the best answer on Jun 06, 2020

McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

Hi Anonymous, Let me share a slightly more negatively painted picture of the consulting industry - but it's the real one in my opinion. Looking back, consulting industry and the top players definitely lost their gla ... (read entire answer)

7
Answers

2.8 k
Views

35
Total Upvotes

on Jun 10, 2020 on Jun 10, 2020
Last Activity

1 - 20 of 29 results

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.