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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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Moving from the US back to Germany - what are my chances?

germany job MBB
Most recent answer on Mar 07, 2024
The best answer (on Feb 02, 2024) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
 gave the best answer on Feb 02, 2024
#1 rated MBB & McKinsey Coach
Hi there! I'm not sure why you believe that MBBs won't be interested in your profile. And also, yes, Germany is struggling too now in terms of hiring though I wouldn't be able to say how it compares exactly with the US. ... (read entire answer)
6
Answers
205
Views
69
Total Upvotes
on Mar 07, 2024 on Mar 07, 2024
Last Activity

Advice Needed

job
Most recent answer on Oct 06, 2023
The best answer (on Oct 06, 2023) 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 Oct 06, 2023
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi there, Congratulations on your offer! In terms of your question: Q: Is this normal and what can I do to combat it? Should I be up-skilling or learning anything prior to starting? It’s normal to feel a bit out of touc ... (read entire answer)
7
Answers
288
Views
22
Total Upvotes
on Oct 06, 2023 on Oct 06, 2023
Last Activity

Reputation of Specialist consulting role at McKinsey?

consulting exit options job MBB McKinsey
Most recent answer on Sep 30, 2023
The best answer (on Oct 27, 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 Oct 27, 2023
Ex-McKinsey Associate Partner | +15 years in consulting | +200 McKinsey 1st & 2nd round interviews
Hi there, Specialist is only a role at McKinsey and there are from many kinds (Agile Coaches, Data Architects, Business Builders, IT Experts, etc.). To your questions: (1) how the specialist role looks in terms of prest ... (read entire answer)
4
Answers
10.2 k
Views
20
Total Upvotes
on Sep 30, 2023 on Sep 30, 2023
Last Activity

Have just been fired by MBB

Bain BCG BCG Case Interview Client and MBB fire Imbellus job McKinsey PIP
Most recent answer on Sep 03, 2023
The best answer (on Sep 01, 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 Sep 01, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, I'm so so sorry to hear. This is not easy :/ Rest assured, you have company here…MBB are increasing their up-or-out in order to adjust to their pipeline changes. One thing to keep in mind: I don't know what yo ... (read entire answer)
7
Answers
1.1 k
Views
36
Total Upvotes
on Sep 03, 2023 on Sep 03, 2023
Last Activity

Regarding prospect of employment in top consulting firm

BCG McKinsey and Bain campus recruiting india job Jobs in consulting compnay MBA Experience MBB mbb big4 McKinsey & Company recruitment
Most recent answer on Mar 26, 2023
The best answer (on Mar 24, 2023) 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 Mar 24, 2023
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi Srishti, Q: What should I do now? I would love to hear your suggestions. If the only option you have is India due to languages and visa and you cannot use campus recruitment, the best thing would be to find a strong ... (read entire answer)
7
Answers
565
Views
77
Total Upvotes
on Mar 26, 2023 on Mar 26, 2023
Last Activity

Next Career Step for consultancy

Boston Consulting Group consulting dubai job MBB tier1
Most recent answer on Feb 28, 2023
The best answer (on Feb 26, 2023) 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 Feb 26, 2023
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years
Hi there, First of all, congratulations on the offer! I think this is an interesting question that may be relevant for many people. I would be happy to share my thoughts on it: Personally, given the tight economic situa ... (read entire answer)
8
Answers
518
Views
83
Total Upvotes
on Feb 28, 2023 on Feb 28, 2023
Last Activity

job offer rejection

help HR internship job Job interview needhelp Summer Internship
Most recent answer on Jan 02, 2023
The best answer (on Dec 30, 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 30, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, I see no downside risk here at all! I think you should indeed give her a call and explain the new situation. Make sure that she understands you truly want to work at the firm and are not changing your mind for ... (read entire answer)
7
Answers
885
Views
40
Total Upvotes
on Jan 02, 2023 on Jan 02, 2023
Last Activity

can a company take back a verbal offer?

accounting Finance financial accounting internship job Job offer jobs summer intern Summer Internship
Most recent answer on Dec 30, 2022
The best answer (on Dec 30, 2022) is from:
Rushabh
Expert
Limited Availability | BCG Expert | Middle East Expert | 100+ Mocks Delivered | IESE & NYU MBA | Ex-KPMG Dxb Consultant
Rushabh
Expert
 gave the best answer on Dec 30, 2022
Limited Availability | BCG Expert | Middle East Expert | 100+ Mocks Delivered | IESE & NYU MBA | Ex-KPMG Dxb Consultant
Hello, Here are my thoughts: 1) Any well-known firm will avoid as much as possible to take back any offers they have rolled out to avoid reputational damage 2) Having said that, given the incoming recession this year, t ... (read entire answer)
9
Answers
2.4 k
Views
35
Total Upvotes
on Dec 30, 2022 on Dec 30, 2022
Last Activity

Regret after declining job offer

accounting Finance internship job Job interview Job offer jobs
Most recent answer on Dec 30, 2022
The best answer (on Dec 30, 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 30, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, Please never make any business moves unless you have agreements in writing and signed. Now, lesson learned. You should be fine. It's the holidays so just be patient and reach out to them in the 1st/2nd week of ... (read entire answer)
7
Answers
4.1 k
Views
27
Total Upvotes
on Dec 30, 2022 on Dec 30, 2022
Last Activity

Strategy& Middle East is hiring!!!

hiring job Middle East strategy& strategy& dubai strategy& ME
Most recent answer on Oct 25, 2022
The best answer (on Oct 20, 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 Oct 20, 2022
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Hey Sharona, Just stopping by to appreciate posts like this. It's great to see growth and hiring in these uncertain times, especially since other firms/regions have slowed down hiring… Awesome! :-) Cheers, Florian
6
Answers
1.1 k
Views
42
Total Upvotes
on Oct 25, 2022 on Oct 25, 2022
Last Activity

Capgemini Invent or P&G?

Decision job offer
Most recent answer on Feb 04, 2022
The best answer (on Feb 04, 2022) 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 Feb 04, 2022
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching
Hi there, I would consider the following to decide: Where do you want to be in 5-10 years? Look at the company that can help you to achieve that goal faster. You can check LinkedIn for that. It is more important that yo ... (read entire answer)
4
Answers
1.1 k
Views
29
Total Upvotes
on Feb 04, 2022 on Feb 04, 2022
Last Activity

Lower Pay Fintech Strategy or Stay at Big 4 Consulting?

job
Most recent answer on Dec 23, 2021
The best answer (on Dec 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 Dec 08, 2021
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Hi James, To decide between the two, I suggest you genuinely answer following key mutual fit questions: Do I have the right aptitude/skills to offer to the firm? Do my values align with the firm’s (culture, leadership, ... (read entire answer)
5
Answers
863
Views
39
Total Upvotes
on Dec 23, 2021 on Dec 23, 2021
Last Activity

How To Ask For Declined Offer Back?

job Job offer
Most recent answer on Sep 20, 2021
Anonymous gave the best answer on Sep 19, 2021
This is very tricky, unfortunately. You would need a very good reason (which only you know best). You could still check if they are still interested in hiring you. What's the worst that can happen? Them saying “no”…
7
Answers
3.3 k
Views
77
Total Upvotes
on Sep 20, 2021 on Sep 20, 2021
Last Activity

Other work before start date

consulting job job
Most recent answer on Mar 06, 2021
The best answer (on Mar 04, 2021) is from:
Ken
Expert
Ex-McKinsey final round interviewer | Executive Coach
Ken
Expert
 gave the best answer on Mar 04, 2021
Ex-McKinsey final round interviewer | Executive Coach
I would be more worried about your interim role at a competitor that would legally compromise your ability to take on your full-time role in August. I would make sure you fully understand the legal constraints that your ... (read entire answer)
3
Answers
847
Views
31
Total Upvotes
on Mar 06, 2021 on Mar 06, 2021
Last Activity

Resume

job Resume
Recent activity on Feb 21, 2021
The best answer (on May 18, 2020) 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 May 18, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Hello! There are indeed many ways to do it. However, the best to make the perfect CV is to leverage the thinking of other people who have done millions of them and know the best practices. In a nutshell, leverage a ... (read entire answer)
6
Answers
1.5 k
Views
15
Total Upvotes
on Feb 21, 2021 on Feb 21, 2021
Last Activity

how many jobs you applied before you land a job during your MBA？

Consulting interview job MBA
Most recent answer on Dec 31, 2020
The best answer (on Aug 25, 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 Aug 25, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
It's definitely hard! And it's hard in so many ways I know someon who got interviews to everywhere they applied (every major consultancy...around 12 interviews) BUT failed their first 11 interviews! I also know some ... (read entire answer)
4
Answers
1.2 k
Views
10
Total Upvotes
on Dec 31, 2020 on Dec 31, 2020
Last Activity

What kind of jobs can you get with an MBA?

job MBA
Most recent answer on Nov 20, 2020
Anonymous gave the best answer on Sep 11, 2018
Hi there, Of course, Pre-MBA work experience is important for consulting, as it needs to demonstrate certain skills/qualities that MBB are looking for – for example, leadership, entrepreneurial drive, analytical/pro ... (read entire answer)
5
Answers
2.2 k
Views
3
Total Upvotes
on Nov 20, 2020 on Nov 20, 2020
Last Activity

What is the total number of fresher jobs (0-2 years experience) that get fulfilled in a year in India?

fresher job
Most recent answer on Nov 18, 2019
Anonymous gave the best answer on Nov 18, 2019
Hi anon, I would solve this market-sizing top-down. You are trying to get at the proportion of the job market that has less than 2 years' experience. i.e. Population of India * proportion of working age * employabil ... (read entire answer)
1
Answer
2.2 k
Views
1
Total Upvotes
on Nov 18, 2019 on Nov 18, 2019
Last Activity

Very New At MBB, Stressing Over Learning Curve - how long till you know your way around?

consulting job MBB
Recent activity on Apr 02, 2019
The best answer (on Dec 02, 2018) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
 gave the best answer on Dec 02, 2018
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Time is running fast. Just wait for a couple of months and you'll be fine. Try to relax on the weekends and work as much as possible during the week. Everyone has this problem in the beginning, you are not special. Be ... (read entire answer)
5
Answers
4.7 k
Views
7
Total Upvotes
on Apr 02, 2019 on Apr 02, 2019
Last Activity

are there any no-go jobs that can disqualify me from being appealing to MBB in a few months?

Application Change Firms job MBB
Recent activity on Dec 05, 2018
The best answer (on Dec 04, 2018) is from:
Vlad
Expert
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Vlad
Expert
 gave the best answer on Dec 04, 2018
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
Hi, Several things: Working for another consulting company for another couple of months will not give you any benefits. The only case when it can be beneficial is if it is an internship Applying to MBB after ... (read entire answer)
3
Answers
2.0 k
Views
1
Total Upvotes
on Dec 05, 2018 on Dec 05, 2018
Last Activity
1 - 20 of 21 results
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