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Tag: "full-time"
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full-time

    Using benefits

    full-time
    Most recent answer on Jun 26, 2021
    Unless I didnt understand this correctly, I think you are risking it. A future job may or may not happen in a timely manner. Why would you use 4-day work week when you have just started a new job? Why would you make up ... (read entire answer)
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    70
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    on Jun 26, 2021
    Last Activity

    Decision between McKinsey and BCG in Germany (Fulltime) after COVID and Opioid Scandal

    BCG full-time germany McKinsey & Company offer decision
    Most recent answer on Jun 04, 2021
    <p>Hey everyone,</p> <p>I hope you are doing good and perhaps you can support me with your insights. </p> <p>Disclaimer: Obviously I will not base my final decision on the answers here alone, but I would really value some insights and options to support my decision-making process. I also know that similar questions exist already, however, I couldnt find one that takes into account recent scandals and the current pandemic development.</p> <p>Short introduction of myself:</p> <p>I am currently a student in Germany (Engineering) and will finish my master's degree in 2 months. So far I always thought that I will da a phd and later work as a professor because I enjoyed short research and engineering projects at my university. However, while writing my thesis and working at the research chair of my professor for 6 month, I discovered that I only liked those short term projects because it was always something new. A friend of mine recommended doing an internship at a small german consulting firm, which I did and surprisingly I really liked the people and the work, however, due to the small size the international opportunities are really limited. That's why I applied at McKinsey and BCG (both Germany) a few weeks ago, hoping that my engineering internships at BMW and Tesla were enough, and fortunately it was enough and I received offers at both firms.</p> <p>However, I never really thought about which company I would prefer to work for, mainly because I was not expecting to get an offer at one of the firms. </p> <p>Because I decided to start in consulting quite late, I never participated in any events of either of the firms to get to know the consultants and due to COVID it is not possible to visit the offices right now to get to know the people, meaning the only contact was with HR and the interviewers, although just virtual. Most of my engineering friends are also not familiar with the firms at all and other friends are only saying that both are great firms and I won't do anything wrong with either of them.</p> <p>That's why I wanted to ask some questions here, and maybe they are obvious or stupid for people working in this industry, but as someone who is new I would really appreciate some help:</p> <p>Questions:</p> <p>1.) Which company managed to get through the COVID pandemic better (e.g., less lost business etc.)? During the interviews I also asked those questions and representatives of both companies said that they managed it really well, however, I assume that is what an interviewer would always say.</p> <p>2.) Earlier this year I read a lot of articles about the McKinsey opioid scandal. What is the impact of this scandal on the future of the company, on the current business or prestige?</p> <p>3.) BCG is frequently reporting growth numbers while McKinsey is really intransparent in this area, but I have the feeling that BCG is growing (way) faster right now. Will they soon be the market leader in terms of revenue?</p> <p>4.) I often read that BCG has a "nerdy" and collaborative culture and McKinsey is more distanced and competitive. Is this (still) true?</p> <p>5.) During COVID a lot of firms implemented new work-life-balance measures. What are the differences between those two firms right?</p> <p>Thanks a lot for your support!</p>
    Hey there, Very nice position to be in - congrats! :-) To answer your questions: 1. I don't know about BCG but McKinsey got through the crisis exceptionally well. They will hire more people this year than ever bef ... (read entire answer)
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    on Jun 04, 2021
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    Advices for a 4-month internship potentially leading to full-time position - Tier 2 firm

    Accenture Advice full-time internship LEK Consulting Oliver Wyman Roland Berger Simon-Kucher & Partners ZS Associates
    Most recent answer on May 11, 2021
    <p>Hello everyone, </p> <p><u>To summarize the situation:</u> Graduating from a Pharm.D + MSc in Business from a top french school, I applied to a Tier 2 firm for a Consultant position in Europe, even if they were asking for 2 years experience that I don't have. I went successfully through the whole process but in the end they told me that because I still don't have the experience required they will offer me a 4-month internship leading to a full-time position if it works well.<br> <strong>I accepted the offer and will start early June and my objective is to stay in this firm with a full-time position in the end.</strong><br> <br> <u>My questions:</u><br> <strong>1.</strong> <strong>Is there any way to be sure they will consider me for a full-time position after this internship?</strong> (Contract, ...)<br> <strong>2</strong>. <strong>Should I apply for full-time position for other firms in case of this not working out?</strong> I guess it's a yes, then <strong>what timing?</strong> (<em>If too early I'm afraid I will not be able to use this experience the best way for my resume and potential interviews. If too late I may have a big delay between the end of internship and starting of position or miss the recruitments slots.) </em>Other concern is that I may be "<strong>banned</strong>" of these firms for the moment since I didn't pass the screening for most of them, except 1 MBB and 1 other Tier 2.<br> <strong>3</strong>. <strong>How could I prepare the best</strong> for this internship so I start full-speed at the beginning and have the best chances to get the full-time position? Typical question, I know. I have 6-month experience in a small consulting firm but without PPT/Excel training whatsoever, everything learnt by doing but I don't feel very confident on that point neither on the "processes" and ways of working of a big and structured firm.<br> <br> Thank you very much in advance for your advices and help!</p>
    Hey, 1) They wont gurantee anything (full-time offer) now but you can land one provided you do a cracking job during the internship. Think about following: Show that you are credible and learn quickly. Show that y ... (read entire answer)
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    330
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    on May 11, 2021
    Last Activity

    Rejected for Summer Associate intern, but promised final round interview

    Final Round full-time McKinsey & Company reapply Summer Internship
    Most recent answer on Mar 30, 2021
    <p>I was rejected for the associate intern summer program (Mckinsey) although they say both partners had very positive feedback but were encouraged to re-apply for the full-time position and promised to go into the final round directly if I do apply. What does this mean? What are some special considerations if I do re-apply and interview for the full-time?</p>
    Hi there, 1. What does this mean? Exactly what they said ;) You can skip one round of interviews and start directly from the final. 2. What are some special considerations if I do re-apply and interview for the fu ... (read entire answer)
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    361
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    92
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    on Mar 30, 2021
    Last Activity

    Importance of Grades for Full-Time Recruiting

    college consulting full-time grades MBB recruiting university
    Most recent answer on Dec 09, 2020
    <p>Hi everyone,</p> <p>I am currently a student at a top business school in Canada. In September, I will be going into my final year of university (college, for those in the US). I recently got my final grades back for the year and my average is just borderline a 3.7/4.0 GPA. In Canada, consulting firms view our grades by percentages, so it's 80.27%. I just barely made the 80% cutoff, which is not a bad mark, but it is the competitive average. </p> <p>I also (unfortunately) did not get a consulting internship as it was very competitve and positions were extremely limited for summer internships. </p> <p>However, I heard that more positions and firms are available for full-time recruitment. My worry is that since my marks are essentially the same as when I applied for summer internships, I won't get an interview from consulting firms. </p> <p><strong>Do firms value experience and extracurriculars more when it comes to full-time recruitment? (i.e. less-so for marks?) </strong></p> <p>As additional info, since summer internship recruitment, I have gotten a President position at a club here at school (extracurricular) and will have internship experience at a well-known firm (not consulting, however). </p> <p>I know my question is rather open-ended and can be case-dependent. I'm happy to provide more info if needed, but I would like to hear some feedback from anyone who has done screening for candidates at a consulting firm (MBB or not). </p> <p>Thanks in advance!</p>
    Hi, Let me jump in here, and speak based on my experience with BCG. Top tier consulting firms typically evaluate the following in order to invite a candidate for an interview: 1. University brand name (e.g. ~t ... (read entire answer)
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    6.0 k
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    20
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    on Dec 09, 2020
    Last Activity

    No offer after interview - apply again later?

    Case Interview full-time Interview MBB McKinsey Personal Fit rejection
    Most recent answer on Nov 26, 2020
    <p>Hi everyone,</p> <p>today I had my 3 interviews for an internship at McKinsey in Germany. I am still a second year undergrad student so I was already surprised to get an invite. Unfortunately I did not receive an offer for an internship.</p> <p>I really enjoyed the day and the feedback was positive as well. The personal fit was there, but in some situations they had the feeling I was not structured enough during a case and could not argue why I took certain numbers.</p> <p>During the feedback I asked one of the interviewers about the option to apply again later with more experience. He thought that this is no problem, but could not provide any details and told me to ask HR for more information.</p> <p>But because we have friday now, HR has weekend and I am really curious, I wanted to ask you about your opinions or experience with this topic? Are chances smaller than?</p> <p>Thanks a lot</p>
    Hi Anonymous You can reapply for McKinsey, however they usually blacklist you for 1 or 2 years for further applications. Of course you can also apply for other companies for an interview – all the major consulting fir ... (read entire answer)
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    11.6 k
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    17
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    on Nov 26, 2020
    Last Activity

    Starting at McKinsey in 4 months

    full-time MBB preparation
    Most recent answer on Sep 30, 2020
    <p>Hello,</p> <p>I have been offered a full time position at McKinsey in September. I will start in 4 months and will have a lot of free time until then.</p> <p>Is there anything during that time period that I should brush up on /think about learning? Excel (to what extent)? Reading? keep on doing mental math ?</p> <p>Thanks in advance for your advice !</p>
    Hi Anonymous, congratulations on your offer! If you want to prepare in advance before you start, I would recommend working on technical, communication and stress management skills. On the technical side, Excel wil ... (read entire answer)
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    6
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    on Sep 30, 2020
    Last Activity

    How can I ensure a full time offer after a summer internship at top management consulting firms?

    consulting Excel full-time internship Intership get the offer MBB offer Top tier
    Most recent answer on Sep 26, 2020
    Anonymous gave the best answer on Jun 29, 2017
    <p>Dear community,</p> <p>I'm extremely grateful about the preplounge-community which helped me a lot to get the internship offer from BCG and McKinsey (still undecided though which to choose).<br> <br> One really important question where I would need helpful advices on how to perform best during the internship to get the full time position offer? What do I need to consider to maximize my chances to get the offer?<br> I'm already trying hard to gain Excel-skills :-)<br> Many thanks in advance!! Ibrahim</p>
    Hi Ibrahim, First of all, congrats on the offers! Definitely a good problem to have in terms of deciding where to go. As far as securing an offer goes, there's three things that I think you should account for duri ... (read entire answer)
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    on Sep 26, 2020
    Last Activity

    Does anyone know if BCG is still recruiting in North America this year?

    advanced degree full-time recruiting
    Most recent answer on Sep 01, 2020
    Anonymous A asked on Aug 31, 2020
    <p>Hi,</p> <p>I learned that all summer interns in NA offices were given a FT returning offer this year due to covid and the original deadline has been postponed indefinitely on BCG's official website for advanced degree candidates. Does anyone know if BCG is still planning on recruiting more ADCs for 2021?</p> <p>Thanks!</p>
    Hi, I learned that all summer interns in NA offices were given a FT returning offer this year due to covid and the original deadline has been postponed indefinitely on BCG's official website for advanced degree candid ... (read entire question)
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    on Sep 01, 2020
    Last Activity

    Full time recruitment

    full-time
    Most recent answer on Sep 01, 2020
    <p>Am I at a disadvantage for full time recruitment if I have a summer internship from a consulting firm that is not very well known - they have offices around the US but I think they are relatively unknown. My end goal is MBB and a few others in top 10.</p> <p>Thanks :)</p>
    Hi Anonymous, internships are just one of the components for the valuation of your CV. Other components are: University reputation Degree Academic performance Extracurricular activities Experience abroad ... (read entire answer)
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    on Sep 01, 2020
    Last Activity

    Will my BCG full-time offer be safe in 2022?

    BCG full-time Gap year Return Offer
    Most recent answer on Jul 17, 2020
    <p>I am a rising senior in undergrad, and I recently signed a full-time Associate return offer with BCG in SF for 2021. Because of Covid, however, my school's policy for the 2020-21 year is really restrictive, so I'm considering taking a gap year, hence deferring my 2021 BCG offer to 2022. I talked to HR who said my offer would stand for 2022, and the deferral would be "no problem," but I'm afraid that because of this uncertainty we're living through, the first person BCG would let go of (if things go poorly economically) is someone in my position. The offer I've signed is "at will," meaning they can pull it at any time, for any reason. </p> <p>Am I safe to take this gap year? Should I be worried? Or should I trust HR's word?</p>
    Hi Ryan, I'd say you are as safe as it's reasonably possible to be at the moment, and you can trust HR's word in a way that in the light of today's information they will be happy to defer your offer. Honestly speaki ... (read entire answer)
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    685
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    21
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    on Jul 17, 2020
    Last Activity

    Motivation to prep for full time recruitment

    2021 full-time motivation
    Most recent answer on Apr 30, 2020
    <p>Hello,</p> <p>I will be recruiting for full time starting this fall. Given the whole situation I have kind of lost motivation of prepping. I feel the hiring for Class of 2021 will be slowed down and it's going to get really tough. I also am one of the lucky ones who still have their internship. My question here is - how did you motivate and believe in yourself during recruitment?</p> <p>Best,</p>
    Hi Anonymous, I agree that for the moment recruiting is tougher than usual. But hey, sorry to say it straightforward since I don't like to bullshit anyone - if you have already a lack of motivation for prep now I woul ... (read entire answer)
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    731
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    37
    Total Upvotes
    on Apr 30, 2020
    Last Activity

    Re-recruiting

    full-time
    Most recent answer on Jan 28, 2020
    <p>Hello,</p> <p>I recently got rejected from a T2 consulting firm for an internship position, does this hamper my chances for full time recruiting this coming Fall?</p> <p>I made it till the final rounds for the intern position </p>
    Hello there, Generally it should not affect your chances for a full-time opportunity. I can say this is the case for MBB. Especially if you have gone through the interview processes, it shows that your profile matches ... (read entire answer)
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    715
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    3
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    on Jan 28, 2020
    Last Activity

    Advice for pursuing MBB role *after* business school

    Bain BCG full-time Post-MBA recruiting
    Most recent answer on Oct 29, 2019
    <p>I am currently attending an M7 business school. During summer internship recruiting, I received final round interviews at Bain and BCG, but did not receive an offer. Then, during full-time recruiting, I had a final round interview with Bain, but no offer once again (I was told I was the last one out). During full-time recruiting at BCG, I was told I was well-liked and a good candidate, but priority was given to candidates who are not re-recruiting; thus, no interview. I am pretty crushed because I have been dead set on MBB during business school. I have an offer to work in strategy at a Fortune 30 company (my summer internship) and will likely take that. However, my heart is still set on consulting. Thus, I would love advice/input on pursuing future opportunities at Bain and BCG. I would like to take another shot ASAP--how soon is that? One year from now? Am I crazy for wanting to pursue these firms post-MBA? Any insights into what this process might look like and how to navigate it? (I suspect this is important--I have friends at the firms who I am sure are willing to give me a referral)</p>
    Hi, why don't you try McKinsey? One year flies, you could strengthen your profile working for the Fortune 30 company or for a tier-2 (OW, ATK, and Strategy& are growing very fast these years) and, meanwhile, wo ... (read entire answer)
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    2.8 k
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    7
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    on Oct 29, 2019
    Last Activity

    Apply for full-time or internship at BCG?

    BCG ft full-time internship Interview
    Most recent answer on Oct 11, 2019
    <p>Hi, </p> <p>I currently have 2 years left of my studies, but was invited by BCG to do an interview. I was given the choice between interviewing for FT or internship and don't know which one to choose. </p> <p>Ideally I want a full time job there in the end, so I'm trying to figure out which of the two would give me the highest chances of that. What I've gathered so far is that there is almost no difference in the difficulty of the interviews, if anything the FT interview might actually be easier to get accepted at. From this, to me it would seem like a no-brainer to then go for the FT interview, but then I learned that you get locked out for a period (2 years I think) from interviewing if you fail at the FT interview, and that this does not happen at the internship interview. </p> <p>Do you have any corrections or additions and which would you go for?</p>
    Hi, I would advise applying for the internship position for the following reasons: The difficulty of the internship interview will be lower (as the expectations are lower) The competition you will get will be le ... (read entire answer)
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    1.7 k
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    3
    Total Upvotes
    on Oct 11, 2019
    Last Activity

    Applying to MBB Full-time after Internship Rejection

    full-time internship MBB rejection ZS Associates
    Recent activity on Feb 20, 2019
    <p>Hi! </p> <p>I attend a target university for MBB on the east coast, and applied + made it to first round interviews at McKinsey and Bain. However, I didn't prepare at all for either interview, as I was caught in a midterm exams, and honestly wasn't motivated, since I wasn't sure if consulting was the path for me. I went to the interview mainly for experience. Ended up getting a rejection (obviously). </p> <p>It's been a few months now, and I've managed to land a 2nd tier consulting internship (ZS) for the summer, but really would like to be at MBB full-time. Do you think the fact that I was rejected for an internship will impact my FT chances--would they decline to even interview me? I'll be working in consulting this summer + will, in addition, be spending several hours a week prepping. </p> <p>Would love to hear any thoughts. </p>
    Hi Anonymous, the standard ban in MBB after a rejection is 2 years but could be reduced to 1 year or even 6 months based on your performance or particular situation. I would recommend finding a referral for your futur ... (read entire answer)
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    1.9 k
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    4
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    on Feb 20, 2019
    Last Activity

    Switch application from full-time to internship - and back? (MBB)

    full-time internship MBB
    Recent activity on Jan 28, 2019
    <p>Dear all,</p> <p>Do you think I have higher chances of receiving an internship offer + successfully completing the internship and receiving a return offer; than getting an offer directly through full-time interviews?<br> <br> Short and complicated background: Fortunately, I will have interviews at all MBBs: one for an internship and two for full-time. Originally, I wanted to do an internship, but then realized that I would not have enough time during my studies to do additional internships + thought I would have a higher/same chance of receiving an offer through full-time interviewing (at least at Mck). This is why the first two applications were for internships (I was able to switch one to full-time) and the third one for full-time.</p> <p>However, recently (two months after the change) my study plans completely changed, as I was selected for a funded exchange semester in winter, which leaves me enough time to do an internship in summer.<br> <br> I feel like I should change it back because an internship makes more sense. However, on the other hand I am unsure wether its worth the drama &amp; stress (again! :D); and would actually even be nicer to have some time in summer. I have done internships in T2 Consulting and IB, so I feel confident that I would not mess up another internship, but still there is always the risk.<br> <br> Does it make a difference to try it via the internship or full-time? - Many thanks!</p>
    I would apply for full time. The process is not very different from the internship process, and you have to demonstrat the same qualities. Then if you get an offer, you can still think about converting it to an internsh ... (read entire answer)
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    4
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    on Jan 28, 2019
    Last Activity

    What percentage of MBB interns (Germany and UK) are converted into full-time offers?

    Bain Bain & Company BCG consulting full-time internship management consulting MBB McKinsey strategy consulting
    Recent activity on Nov 15, 2018
    <p>Hello everyone,</p> <p>I was just wondering what the conversion rate of interns at MBB (specifically Germany and the UK) is. I can apply to both internships and straght full-time offers and I can't make up my mind which one I should go for. I want to avoid doing an internship and then getting no offer out of it as was the case with my last internship at one of the leading tier 2 consultancies (the likes of RB, OW etc.)</p> <p>Thank you very much!</p>
    Hi, The difference between the countries will be so small (75-90% acceptance across the countries) that I don't even think it's an important factor to consider. It's more important to get an internship and do your b ... (read entire answer)
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    2.6 k
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    2
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    on Nov 15, 2018
    Last Activity

    McKinsey vs. BCG vs. Deloitte for full-time?

    BCG Deloitte full-time fulltime management consulting McKinsey
    Recent activity on Oct 19, 2018
    <p>I had been fortunate enough to hold offers from McKinsey, BCG, and Deloitte. My first deadline to accept an offer is coming up, but I'm feeling pretty torn (this is a serious ask).</p> <p>McKinsey pro: I like their entrepreneurial spirits and the flatter structure (BA &amp; Associates are equal, there's a 3year BA-&gt;EM route). I feel that a lot more people reached out to me during the process; I received the offer earlier too so there's a bit of an attachment. The office is in the city where my college is, so I'll likely have some friends in the area. I'll also have the option to drop in my college's career services to *maybe* prep for grad school apps. Most prestige + exit opportunities from what I can understand.</p> <p>BCG pro: The people there feel more approachable, and I was told that the trajectory for promotions are both more reliable and predictable. The base pay + bonus is higher, and the most important part is that their office is about a 10-minute drive away from home (whereas McK is a two-hour flight away.) I think my parents want me to take this one. They seem to have pretty cool benefits (like subscriptions for Headspace, unpaid leave for any amount of time, etc.)</p> <p>Deloitte pro: Big company with a lot of potential horizontal movement if consulting isn't my thing (though I think I'll enjoy it from what I've learned so far.) Throughout this entire process, the two most genuine and *cool* conversations I've had were with two incredible women leaders in this company. Also in the city of my college.</p> <p>​</p> <p>I've been told by people to try to break my options down in different categories that I care about - stuff like long-term career goals, people, etc. And I did this analysis already, but it's a pretty even split between McKinsey and BCG. I want to add Deloitte on here because I also really liked it from what I have seen. I did not recruit with any other companies. I also don't have a background in finance/ec/biz, so I don't have a lot of friends/college alums that I know who I can talk to about this and bounce ideas off of. I really appreciate any help/suggestions this community has.</p>
    Hi R, I would consider BCG or McKinsey only for the choice - the brand name difference is too strong to consider Deloitte at this stage of your career given an MBB option. Both the options are obviously great. I wou ... (read entire answer)
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    19.5 k
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    6
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    on Oct 19, 2018
    Last Activity

    What are the chances of getting an offer after MBB internship and how long are they valid for?

    full-time Intership get the offer
    Recent activity on Mar 24, 2018
    Anonymous gave the best answer on Mar 24, 2018
    <p>Hi everyone,</p> <p>I was able to secure some offers for this summer and am in the process of making my decision for which I am very grateful to the PrepLounge community!</p> <p>I am especially interested in the full time offer after the internship. I've read in other posts that at BCG this varies from 50% to 100% for a given cohort. What is it like for McKinsey?</p> <p>Furthermore, I'd like to know how long the offers are valid for. Hypothetically speaking, my earliest starting date would be 2 years after the end of my internship once I have completed my degree. Is this too far into the future for a full-time offer?</p> <p>Thank you all in advance!</p> <p>EDIT: All of the companies are based in the German speaking area.</p>
    Hey anonymous, 1. Not sure if this varies for other geographies, but at least for McK Europe the likelihood of getting a full time offer after an internship is much much higher than 50% - the rule is really basic: you ... (read entire answer)
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    3.5 k
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    4
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    on Mar 24, 2018
    Last Activity
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