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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CV differences: experienced hire CV vs. entry level CV

CV exit
Most recent answer on Feb 29, 2024
The best answer (on Dec 28, 2023) 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 28, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, As you prepare for your exit make sure to get your resume professionally reviewed! Also make sure to network extensively to transition optimally. 1. How does the structure of my “exit-CV” differ from my entry ... (read entire answer)
8
Answers
329
Views
88
Total Upvotes
on Feb 29, 2024 on Feb 29, 2024
Last Activity

What exit opps are there after 1 year tenure?

consulting exit Corporate exit exit options quitting startup tier2
Most recent answer on Jan 21, 2024
The best answer (on Jan 19, 2024) is from:
Edoardo
Expert
Bain & Co | PE & VC | I helped 50+ professionals to break into consulting and reason on their next career steps!
Edoardo
Expert
gave the best answer on Jan 19, 2024
Bain & Co | PE & VC | I helped 50+ professionals to break into consulting and reason on their next career steps!
Hi! So let's start by first principle thinking - if you feel like you are in serious burnout and you are not feeling somehow ok with staying there, simply take a break and possibly leave. Your career is going to be 40+ ... (read entire answer)
4
Answers
257
Views
51
Total Upvotes
on Jan 21, 2024 on Jan 21, 2024
Last Activity

Consulting Exists

exit exit opportunities
Most recent answer on Nov 28, 2023
The best answer (on Nov 28, 2023) is from:
Raj
Expert
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Raj
Expert
gave the best answer on Nov 28, 2023
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK
Entrepreneurial Spirit: Many consultants possess a strong entrepreneurial drive and desire to build something of their own. They may have identified a business opportunity or have a passion for a specific industry or pr ... (read entire answer)
10
Answers
337
Views
62
Total Upvotes
on Nov 28, 2023 on Nov 28, 2023
Last Activity

Strategy& Dubai reviews

Accenture Strategy Online test ATKearney BCG BCG McKinsey and Bain dubai exit Job offer MBB Middle East offer PwC strategy& strategy& ME
Most recent answer on Oct 31, 2023
Anonymous gave the best answer on Mar 01, 2022
Hello There,  Congrats on the offer! I am currently working with Strategy& Middle East. I am happy to connect and clarify any questions you might have. Cheers
20
Answers
9.9 k
Views
108
Total Upvotes
on Oct 31, 2023 on Oct 31, 2023
Last Activity

MBB Singapore/Dubai Exit opportunities

exit MBB
Most recent answer on Oct 12, 2023
The best answer (on Sep 21, 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 Sep 21, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Honestly, if you had said anything after "Does working at MBB lead to xxx" I would have said yes! So, yes, honestly, you can truly chart your own course at MBB. Moreso, the course you'd like to take is qui ... (read entire answer)
8
Answers
2.1 k
Views
46
Total Upvotes
on Oct 12, 2023 on Oct 12, 2023
Last Activity

What's the best strategy to exit into a portfolio operations role at a PE company from MBB post-MBA or PhD hire??

exit exit options operations Private Equity
Most recent answer on Oct 09, 2023
The best answer (on Oct 09, 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 09, 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
Hi, For people who are interested in a portfolio ops role, I would say the best strategy would be the following: Work in the PE ringfence team for ~1-2 years Get some additional implementation / transformation experienc ... (read entire answer)
2
Answers
1.9 k
Views
7
Total Upvotes
on Oct 09, 2023 on Oct 09, 2023
Last Activity

McKinsey Consultant for how long until moving further?

exit MBB McKinsey
Most recent answer on Sep 30, 2023
The best answer (on Sep 30, 2023) is from:
Alberto
Expert
Ex-McKinsey Associate Partner | +15 years in consulting | +200 McKinsey 1st & 2nd round interviews
Alberto
Expert
gave the best answer on Sep 30, 2023
Ex-McKinsey Associate Partner | +15 years in consulting | +200 McKinsey 1st & 2nd round interviews
Hi there, Average for new hires is around 2 years. For experienced hires is only 1. But only you, your professional aspirations and personal circumstances can define how long is good :) Best, Alberto
8
Answers
8.7 k
Views
10
Total Upvotes
on Sep 30, 2023 on Sep 30, 2023
Last Activity

Best position to exit mbb: Analyst or associate?

exit exit options mbb exit change
Most recent answer on Nov 04, 2022
The best answer (on Nov 03, 2022) is from:
Francesco
Expert
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
gave the best answer on Nov 03, 2022
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Hi Sherif, Q: I'm unsure about the pros and cons of each and about the exit opportunities of each, what do you think?  The best moment to exit really depends on the exit you want. As an example, the usual good moment to ... (read entire answer)
6
Answers
993
Views
26
Total Upvotes
on Nov 04, 2022 on Nov 04, 2022
Last Activity

Am I a job hopper? Do I have exit?

exit
Most recent answer on Sep 26, 2022
The best answer (on Dec 10, 2021) is from:
Adi
Expert
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Adi
Expert
gave the best answer on Dec 10, 2021
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Unless you have a convincing story to explain the frequent job changes, its going to be tough for you. You can mitigate to some extent by having a killer CV, cover letter and referrals to back you up. Dont ask the quest ... (read entire answer)
6
Answers
1.0 k
Views
35
Total Upvotes
on Sep 26, 2022 on Sep 26, 2022
Last Activity

MBB Exit Opportunities

exit exit options MBB
Most recent answer on Sep 05, 2022
The best answer (on Sep 01, 2022) 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 Sep 01, 2022
Top-Ranked Coach on PrepLounge for 3 years| McKinsey San Francisco | Harvard graduate | 6+ years of coaching
Hello, To answer your first question, it will depend on the potential employer. 2 years is usually the golden standard, though for startups, smaller companies, or less similar industries, 12-18 months might be enough. L ... (read entire answer)
6
Answers
922
Views
33
Total Upvotes
on Sep 05, 2022 on Sep 05, 2022
Last Activity

Why can corporate strategy pay similar to consulting?

exit
Most recent answer on Dec 26, 2021
The best answer (on Dec 12, 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 Dec 12, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, When you think about it, 1) Consulting companies “take a cut” when they sell you and your services and 2) Consulting companies can leverage their “benefit to you” in the form of career advancement, network, br ... (read entire answer)
2
Answers
775
Views
6
Total Upvotes
on Dec 26, 2021 on Dec 26, 2021
Last Activity

Is corporate strategy easier to survive than consulting?

exit
Most recent answer on Dec 26, 2021
The best answer (on Dec 12, 2021) is from:
Francesco
Expert
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Francesco
Expert
gave the best answer on Dec 12, 2021
#1 Coach for Sessions (4.000+) | 1.500+ 5-Star Reviews | Proven Success (➡ InterviewOffers.com) | Ex BCG | 10Y+ Coaching
Hi there, 1) What should I pay attention to in order to survive?  Possible activities you may consider before joining are: Learn about the company and industry on your own with self-studying Organize networking lunches ... (read entire answer)
4
Answers
881
Views
24
Total Upvotes
on Dec 26, 2021 on Dec 26, 2021
Last Activity

Is it normal to move somewhere but take a paycut?

exit
Most recent answer on Dec 24, 2021
The best answer (on Dec 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 Dec 15, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, I personally took a paycut (approximately 20%). Not only that, but I wasn't too far away from promotion. It all depends on your values, goals, and desires in life. I was interested in a different topic/industr ... (read entire answer)
2
Answers
657
Views
7
Total Upvotes
on Dec 24, 2021 on Dec 24, 2021
Last Activity

Moving from an MBB to another MBB!

BCG McKinsey and Bain exit offer Practice cases review process
Most recent answer on Dec 24, 2021
The best answer (on Dec 09, 2021) 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 Dec 09, 2021
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Hey there, You have nothing to lose by switching to another MBB. There is only an upside to this. Take the learnings and failures from your current job and translate them into wins in the new job. If you are asked to le ... (read entire answer)
4
Answers
1.3 k
Views
25
Total Upvotes
on Dec 24, 2021 on Dec 24, 2021
Last Activity

Is product manager a better exit than strategy & operations role?

exit
Most recent answer on Oct 31, 2021
The best answer (on Oct 18, 2021) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
gave the best answer on Oct 18, 2021
#1 rated MBB & McKinsey Coach
Hi there,  To be honest, it's a bit like comparing apples and pairs. Instead of looking at prestige, I'd rather do an introspection exercise and understand what are your goals over the medium and long run and take it fr ... (read entire answer)
8
Answers
3.3 k
Views
40
Total Upvotes
on Oct 31, 2021 on Oct 31, 2021
Last Activity

Which firm has better exits in London and North Amercia?

exit
Most recent answer on Oct 20, 2021
The best answer (on Oct 19, 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 Oct 19, 2021
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching
Hi! MBB is a very safe option compared to boutiques and tier 2 companies. However, working in London might be highly beneficial for networking as well as for obtaining a visa (if you don't have one already).  Hope this ... (read entire answer)
5
Answers
640
Views
52
Total Upvotes
on Oct 20, 2021 on Oct 20, 2021
Last Activity

What are common exit options you have seen at DHLC?

AskDHLC DHL Consulting exit exit options
Most recent answer on Jul 28, 2021
The best answer (on Jul 28, 2021) is from:
Simon
Expert
50+ successful coachings / Ex-Mckinsey JEM & Interviewer / Industry + Engineering background
Simon
Expert
gave the best answer on Jul 28, 2021
50+ successful coachings / Ex-Mckinsey JEM & Interviewer / Industry + Engineering background
Hi, from my experience with (German) Inhouse Consultancies, Exits are typically into Senior or Project Management roles within the respective organization, in this case DHL. Some people might also exit externally, but ... (read entire answer)
1
Answer
3.1 k
Views
16
Total Upvotes
on Jul 28, 2021 on Jul 28, 2021
Last Activity

A few months in consulting, I don't find a fit and I want to quit...What should I do

exit
Most recent answer on Jun 29, 2021
The best answer (on Apr 27, 2021) is from:
Adi
Expert
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Adi
Expert
gave the best answer on Apr 27, 2021
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Hey, What you are feeling & experiencing is normal, specially if you are new to Consulting. Check out these threads for plenty of discussion on the exact same question: https://www.preplounge.com/en/consult ... (read entire answer)
8
Answers
5.0 k
Views
47
Total Upvotes
on Jun 29, 2021 on Jun 29, 2021
Last Activity

How to find a non-consulting job in Dubai

dubai exit MBB
Question edited on Jun 08, 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, You're asking for ways to find jobs but not through the 2 best ways? This is an odd approach... Look, fundamentally, if you're looking for jobs you have three options Network and have calls with people ... (read entire answer)
1
Answer
1.3 k
Views
19
Total Upvotes
on Jun 08, 2021 on Jun 08, 2021
Last Activity

Networking call with VC partner. What questions should I ask?

BCG exit exit options Venture Capital
Most recent answer on May 08, 2021
The best answer (on May 08, 2021) is from:
Adi
Expert
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Adi
Expert
gave the best answer on May 08, 2021
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Good one on getting that call! Have a look at this thread for some general tips on building chemistry https://www.preplounge.com/en/consulting-forum/how-to-create-chemistry-with-the-interviewer-8271 My biggest tip ... (read entire answer)
3
Answers
5.2 k
Views
55
Total Upvotes
on May 08, 2021 on May 08, 2021
Last Activity
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