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Premium Membership promotion

Most recent answer on Apr 02, 2024

Charlotte

Premium

Skilled

asked on Mar 25, 2024

Coaching Program Manager at PrepLounge

Dear Community, To celebrate the Easter holidays, we're offering you an exclusive 25% discount on all our premium memberships from March 25th to April 7th! Whether you choose a one-week, six-week, or premium membership with coaching, this discount applies to all. 👉 Use the code "Easter25" to claim your discount With a premium membership, you'll gain access to all the resources you need for optimal preparation for your case interviews, as well as unlimited peer meetings to learn from each other. Happy holidays and good luck with your preparation! Your PrepLounge Team 💙💚

2
Answers

178
Views

25
Total Upvotes

on Apr 02, 2024 on Apr 02, 2024
Last Activity

Chances of making Partner in MBB?

Bain BCG career progression MBB McKinsey partner promotion

Most recent answer on Oct 28, 2023

Sidi

Expert

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Sidi

Expert

gave the best answer on May 08, 2020

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Hi Anonymous, across all criteria relevant to be elected for Partnership at MBB, such as problem-solving, IP develpment, people leadership, coaching, client leadership, commercial targets, etc.), the absolute threshol ... (read entire answer)

9
Answers

8.8 k
Views

65
Total Upvotes

on Oct 28, 2023 on Oct 28, 2023
Last Activity

Leaving consulting just after promotion to Manager

consulting exit promotion

Most recent answer on Oct 17, 2023

Adi

Expert

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Adi

Expert

gave the best answer on Dec 22, 2020

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Hey there, Making the decision to move at a time when you are near promotion point is a tricky one. Consider following factors to help you decide: The more senior you are in a big consulting firm, the better your ... (read entire answer)

9
Answers

3.3 k
Views

63
Total Upvotes

on Oct 17, 2023 on Oct 17, 2023
Last Activity

Looking for exciting discussions from the community?

Fast track promotion in BCG

BCG promotion

Most recent answer on Oct 12, 2023

Anonymous gave the best answer on Dec 19, 2017

At NAR CDC never heard of it. Fastest time to C from A0 was 24 months.

3
Answers

5.6 k
Views

10
Total Upvotes

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

Promotion

Bain BCG McKinsey promotion

Most recent answer on Jun 27, 2023

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 Mar 11, 2022

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

Hi there, Great questions! Let me try and answer from McKinsey perspective: Up or out: Yes, very much so! You will find practices where it’s a bit more subtle i.e. “grow or go” but it’s essentially the same thing Promot ... (read entire answer)

8
Answers

1.7 k
Views

80
Total Upvotes

on Jun 27, 2023 on Jun 27, 2023
Last Activity

Economic slowdown and promotion timeline at MBB

career progression MBB promotion Recessions

Most recent answer on Mar 16, 2023

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Mar 15, 2023

#1 rated MBB & McKinsey Coach

Hi there, As you might expect, there's no public data on this, so the evidence is all anecdotal. But yes, you can expect promotion timelines to be slightly delayed. The formal reasoning for this is that there are fewe ... (read entire answer)

5
Answers

882
Views

42
Total Upvotes

on Mar 16, 2023 on Mar 16, 2023
Last Activity

Unconventional Career Progression at McK

MBB McKinsey & Company promotion

Most recent answer on Aug 10, 2022

Udayan

Expert

Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

Udayan

Expert

gave the best answer on Aug 10, 2022

Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

It started in North America about 6 years ago. McKinsey did a study internally and realized that a lot of people that made it to partner and especially ones that were doing really well started as a BA. So there really w ... (read entire answer)

6
Answers

778
Views

36
Total Upvotes

on Aug 10, 2022 on Aug 10, 2022
Last Activity

Goal Setting & Promotion

Big 4 promotion

Most recent answer on Aug 02, 2022

gave the best answer on Aug 02, 2022

Hi there, It sounds like what he is saying is that your goal can't be “getting promoted” Goals need to be about the skills you have to build. If you build the skills necessary for the job, the natural result is promotio ... (read entire answer)

2
Answers

1.2 k
Views

15
Total Upvotes

on Aug 02, 2022 on Aug 02, 2022
Last Activity

Amsterdam, Strategy& vs. Kearney Middle East

comparison growth offer office culture promotion salary

Most recent answer on Jul 17, 2022

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 Sep 10, 2022

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

Hi there, Congratulations on the offers! Would be great if you could share the ranking of your personal criteria of choice. The same 2 options may have a different winner according to what one would like to prioritize. ... (read entire answer)

4
Answers

951
Views

21
Total Upvotes

on Jul 17, 2022 on Jul 17, 2022
Last Activity

Does MBB US take into account experienced hires' previous consulting experience when determining the compensation and promotion timeline?

compensation Experienced Hire MBB promotion salary

Most recent answer on May 17, 2022

gave the best answer on May 16, 2022

Hi there, If you have 11 months of experience, no then won't give you a promotion after 1 month - this isn't how it works at any company! But, yes, when hiring you, they obviously do take into account your # of years ex ... (read entire answer)

8
Answers

804
Views

37
Total Upvotes

on May 17, 2022 on May 17, 2022
Last Activity

What is the biggest differentiation between consultant/associate's capability versus PM's.

promotion

Most recent answer on Dec 05, 2021

gave the best answer on Dec 04, 2021

Hi there,As a former Principal (on the 30's), I think I can provide a good answer. It is a bit detailed, but please note this depends on the specific firm, and also on whether we are talking on MBB/Tier2 vs. Big4/Manage ... (read entire answer)

3
Answers

662
Views

24
Total Upvotes

on Dec 05, 2021 on Dec 05, 2021
Last Activity

How did you earn your fast-track promotion?

promotion

Most recent answer on Sep 26, 2021

Agrim

Expert

BCG Dubai Project Leader | Learn to think like a Consultant | Free personalised prep plan | 6+ years in Consulting

Agrim

Expert

gave the best answer on Sep 24, 2021

BCG Dubai Project Leader | Learn to think like a Consultant | Free personalised prep plan | 6+ years in Consulting

Hi there, I recently answered a quite similar question here - https://www.preplounge.com/de/consulting-forum/how-did-you-earn-your-fast-track-promotion-11513

5
Answers

1.4 k
Views

75
Total Upvotes

on Sep 26, 2021 on Sep 26, 2021
Last Activity

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

Promotion to manager level

promotion

Most recent answer on Sep 25, 2021

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on Sep 21, 2021

#1 rated MBB & McKinsey Coach

Discussing with colleagues across roles in McKinsey, I came to the conclusion that moving from one role to another is a similar challenge. Obviously, it requires a different set of skills, different criteria on which yo ... (read entire answer)

6
Answers

2.6 k
Views

17
Total Upvotes

on Sep 25, 2021 on Sep 25, 2021
Last Activity

How did you earn your fast-track promotion?

promotion

Question edited on Sep 14, 2021

Sophia

Expert

Top-Ranked Coach on PrepLounge for 3 years| 6+ years of coaching

Sophia

Expert

gave the best answer on Sep 14, 2021

Top-Ranked Coach on PrepLounge for 3 years| 6+ years of coaching

Hello, There is some really good advice in this thread! Here are my additional two cents: - First and foremost, do good work! - Find some mentors/advocates who is more senior than you who you like to work with. Get to k ... (read entire answer)

6
Answers

1.6 k
Views

1
Total Upvotes

on Sep 14, 2021 on Sep 14, 2021
Last Activity

Promotion at MBB - up or out

promotion

Most recent answer on Jan 09, 2021

Adi

Expert

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Adi

Expert

gave the best answer on Jan 03, 2021

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Hey, Am glad you raised this question. Time to promotion and eventually making partner is on every management consultant's mind when they start off. Allow me to share my experience and knowledge in detail. Spee ... (read entire answer)

7
Answers

5.7 k
Views

96
Total Upvotes

on Jan 09, 2021 on Jan 09, 2021
Last Activity

Is there room for negotiation?

Bain BCG consulting Final Round MBB McKinsey offer promotion salary salary negotiation take it or leave it

Most recent answer on Sep 02, 2020

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 Jan 24, 2018

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

Hi Anonymous, as mentioned by others, the main thing you can negotiate is your entry level in the firm (eg Senior Associate with 12 months to Consultant vs 6 months to Consultant). It would be very difficult to negoti ... (read entire answer)

6
Answers

19.3 k
Views

23
Total Upvotes

on Sep 02, 2020 on Sep 02, 2020
Last Activity

BA to SBA promotion requirements

MBB McKinsey promotion

Most recent answer on Aug 07, 2019

Vlad

Expert

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Vlad

Expert

gave the best answer on Aug 05, 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi, This promotion is pretty technical rather than a serious milestone. If you have no issues you get promoted automatically. Several things to remember: Your client should be happy Your manager should be happy ... (read entire answer)

3
Answers

2.8 k
Views

1
Total Upvotes

on Aug 07, 2019 on Aug 07, 2019
Last Activity

Up or out - how bad is it?

hierarchy MBB on the job promotion Structure up or out

Recent activity on Jan 09, 2017

Marco

Expert

MBA | Head of Product for a Tech company | Former Strategy& and KPMG Advisory

Marco

Expert

gave the best answer on Jan 08, 2017

MBA | Head of Product for a Tech company | Former Strategy& and KPMG Advisory

Hi there, because of the way a consulting firm works (charging a different hourly fee on projects based on the seniority of the professionals working on it) this system is vital to be profitable. Answering your ques ... (read entire answer)

2
Answers

5.0 k
Views

5
Total Upvotes

on Jan 09, 2017 on Jan 09, 2017
Last Activity

How do you get promoted in business consulting?

career progression promotion

Recent activity on Dec 03, 2016

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 Dec 02, 2016

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

Hi Anonymous, as for my experience at BCG, you will always need to spend a minimum amount of time in each level, before moving to the next one. Once you have reached the minimum amount of time, you may get promoted im ... (read entire answer)

3
Answers

5.0 k
Views

15
Total Upvotes

on Dec 03, 2016 on Dec 03, 2016
Last Activity

19 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.