Consulting Q&A – Ask Questions on Your Career in Our Consulting Forum

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.

How does the Consulting Q&A work?

Anyone can ask a question
Anyone can write an answer
Upvotes let answers rise to the top
Selected filters
Tag: "tier2"
1 - 20 of 56 results
Last Activity
  • Last Activity
  • Newest question
  • Newest answer
  • Answer upvotes
  • Most views
  • Most relevant
Other Tags
tier2

    Good time to apply to MBB from Tier 2

    MBB strategyconsulting switch tier2
    Most recent answer on Sep 18, 2021
    The best answer (on Sep 14, 2021) is from:
    Hagen
    Expert
    Bain & Company Project Leader | 200+ interviews conducted | 5+ years of coaching and mentoring
    Hagen
    Expert
    gave the best answer on Sep 14, 2021
    Bain & Company Project Leader | 200+ interviews conducted | 5+ years of coaching and mentoring
    Hi there, That is indeed an interesting question which is probably relevant for quite a lot of users, so I'm happy to give you my perspective on that: Even if most consulting companies would deny it, the COVID-19 crisis ... (read entire answer)
    8
    Answers
    121
    Views
    87
    Total Upvotes
    on Sep 18, 2021
    Last Activity

    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
    The best answer (on Sep 01, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Sep 01, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    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
    96
    Views
    27
    Total Upvotes
    on Sep 02, 2021
    Last Activity

    Tier 2 Consulting Firms

    consulting tier2
    Most recent answer on Aug 25, 2021
    The best answer (on Aug 25, 2021) is from:
    Florian
    Expert
    Content Creator
    #1 rated McKinsey Case and PEI Coach | 5 years at McKinsey | Mentorship Approach | Imbellus Expert
    Florian
    Expert
    Content Creator
    gave the best answer on Aug 25, 2021
    #1 rated McKinsey Case and PEI Coach | 5 years at McKinsey | Mentorship Approach | Imbellus Expert
    Hey there, Most consulting firms hire PhDs and all have a generalist track. These two are not mutually exclusive and PhDs are hired as generalists all the time. If you want to be sure and discuss your specific situation ... (read entire answer)
    2
    Answers
    107
    Views
    29
    Total Upvotes
    on Aug 25, 2021
    Last Activity

    How long does it take to hear back on outcome of referral in Middle East?

    MBB Middle East tier2
    Most recent answer on Jul 27, 2021
    The best answer (on Jul 26, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Jul 26, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, Sometimes it can take as little as a week, but I've seen multiple months happen as well! If you can, try and be patient. If you don't hear anything back in about a month, feel free to politely reach out fo ... (read entire answer)
    3
    Answers
    109
    Views
    40
    Total Upvotes
    on Jul 27, 2021
    Last Activity

    International transfers

    MBB officetransfer tier2 transfer
    Most recent answer on Jul 05, 2021
    The best answer (on Jul 05, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Jul 05, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, They do indeed! There are a wide range of transfer (with lots of different names), but essentially you can go elsewhere for anywhere from 3 months to permanent! I've transfered a few times within compani ... (read entire answer)
    5
    Answers
    169
    Views
    78
    Total Upvotes
    on Jul 05, 2021
    Last Activity

    Nuances of different firms

    Big4 differences MBB tier2 tier3
    Most recent answer on Jun 27, 2021
    The best answer (on Jun 19, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Jun 19, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, I agree with Adi that this is quite a broad question! There a heaps of resources online (including the company websites) that you can leverage. If you're looking to really understand cross-country differen ... (read entire answer)
    3
    Answers
    237
    Views
    31
    Total Upvotes
    on Jun 27, 2021
    Last Activity

    Interesting situation

    MBB tier2
    Most recent answer on Jun 18, 2021
    The best answer (on Jun 17, 2021) is from:
    Regine
    Expert
    McKinsey & Company | Private Equity | M&A | Case Math Expert | Asia | Google | Complimentary Extensive Prep Materials
    Regine
    Expert
    gave the best answer on Jun 17, 2021
    McKinsey & Company | Private Equity | M&A | Case Math Expert | Asia | Google | Complimentary Extensive Prep Materials
    Hi there, this is indeed a tricky situation but do not think it is anything you should be too worried about. Few ways to think about this: Do know that the recruiting team will (probably) eventually find out that th ... (read entire answer)
    3
    Answers
    232
    Views
    49
    Total Upvotes
    on Jun 18, 2021
    Last Activity

    Tier 2 Interviews Internship Germany

    ATKearney Case Interview internship Oliver Wyman Personal Fit Roland Berger tier2
    Most recent answer on Jun 14, 2021
    The best answer (on Jun 13, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Jun 13, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, While there technically are, I genuinely wouldn't worry about it much. It's much better to focus time and energy on being adaptable and ready for anything. I aced all 8 of my interviews and I never worried a ... (read entire answer)
    3
    Answers
    347
    Views
    35
    Total Upvotes
    on Jun 14, 2021
    Last Activity

    Partner referral - do not know the name

    MBB tier2
    Most recent answer on Jun 04, 2021
    The best answer (on May 31, 2021) is from:
    Francesco
    Expert
    Content Creator
    #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Francesco
    Expert
    Content Creator
    gave the best answer on May 31, 2021
    #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Hi there, That’s a bit tricky. I would write to HR, say that you are happy to apply and ask for confirmation on the person you should put in the referral section since you got in touch recently with 2 consultants (don ... (read entire answer)
    6
    Answers
    231
    Views
    28
    Total Upvotes
    on Jun 04, 2021
    Last Activity

    MBB Recruiting Experienced Consultants - Do they prefer generalists or specialists?

    Bain & Company BCG Digital McKinsey Experienced Experienced Hire MBB McKinsey & Company Oliver Wyman strategy consulting tier2
    Most recent answer on May 11, 2021
    The best answer (on May 10, 2021) is from:
    Francesco
    Expert
    Content Creator
    #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Francesco
    Expert
    Content Creator
    gave the best answer on May 10, 2021
    #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching
    Hi there, MBB look for both generalists and specialists (eg operations, implementation or digital practices). If you have a specialization and want to continue in that field, it definitely makes sense to apply as a ... (read entire answer)
    6
    Answers
    425
    Views
    28
    Total Upvotes
    on May 11, 2021
    Last Activity

    Working Hours Tier 2 vs. Big4

    associate Big4 consulting job Finance Job offer strategy consulting tier2 working conditions working hours
    Most recent answer on Apr 03, 2021
    The best answer (on Apr 01, 2021) is from:
    Adi
    CoachingPlus Expert
    Content Creator
    Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
    Adi
    CoachingPlus Expert
    Content Creator
    gave the best answer on Apr 01, 2021
    Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
    Germany and Consulting= generally bad work life balance regardless of the consulting company :). Dont base your decision on this factor and its going to be hard initially. Balance will improve over time but even then it ... (read entire answer)
    7
    Answers
    289
    Views
    91
    Total Upvotes
    on Apr 03, 2021
    Last Activity

    Strategy& vs. KPMG

    Big 4 Deals Strategy Finance first job Job offer M&A Tier 2 Offer tier2
    Most recent answer on Mar 31, 2021
    The best answer (on Mar 30, 2021) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Mar 30, 2021
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, I honestly can't offer too much more in terms of specific content regarding these two specifically. That said, I recommend the following: Pick up the phone and try to speak to a few consultants in both o ... (read entire answer)
    5
    Answers
    455
    Views
    58
    Total Upvotes
    on Mar 31, 2021
    Last Activity

    Resigning from a Tier2 consulting firm during probation to pursue Tier1 offer - is it ok?

    Probation Resign tier2
    Most recent answer on Jan 13, 2021
    The best answer (on Nov 06, 2017) is from:
    Vlad
    Expert
    Content Creator
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Vlad
    Expert
    Content Creator
    gave the best answer on Nov 06, 2017
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Hi, It's totally fine to resign, just explain openly the situation To be honest - you can't ruin any relationship since you don't yet have any relationships in your first week. Resigning seems a tough choice if ... (read entire answer)
    3
    Answers
    2.3 k
    Views
    7
    Total Upvotes
    on Jan 13, 2021
    Last Activity

    Top tier/tier2/tier3 consulting firms??

    consulting firms consulting industry germany MBB order tier1 tier2 tier3 Top tier
    Most recent answer on Jan 13, 2021
    The best answer (on Jul 05, 2017) is from:
    Olu
    Looking for solid partners (10+Cases) . Currently preparing for MBB,Tier II & Big 4- Given and Done 15+ cases
    Olu gave the best answer on Jul 05, 2017
    Looking for solid partners (10+Cases) . Currently preparing for MBB,Tier II & Big 4- Given and Done 15+ cases
    I do agree with Sara’s sentiment on focusing on culture/people and the business focus alignment to your area of interest, but I am not sure how I feel about the segmentation. I do agree there is not a hard line, but bel ... (read entire answer)
    15
    Answers
    108.3 k
    Views
    51
    Total Upvotes
    on Jan 13, 2021
    Last Activity

    Can a firm cancel your offer before your start?

    boutique firms cancelling offer offer tier2
    Most recent answer on Dec 31, 2020
    The best answer (on Nov 19, 2020) is from:
    Henning
    Expert
    Bain | passed >15 MBB interviews as a candidate
    Henning
    Expert
    gave the best answer on Nov 19, 2020
    Bain | passed >15 MBB interviews as a candidate
    Firms often include clauses in offers that make them conditional - things like Force Majeur (e.g. COVID), red flags in the background check (i.e. you lied on your CV) and sometimes even more broader reasons would allow ... (read entire answer)
    7
    Answers
    437
    Views
    42
    Total Upvotes
    on Dec 31, 2020
    Last Activity

    For the consultants in the middle east, do you find time to excersise and maintain a somehow healthy lifestyle?

    MBB Middle East tier2
    Most recent answer on Nov 13, 2020
    The best answer (on Nov 12, 2020) is from:
    Ian
    Expert
    Content Creator
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Ian
    Expert
    Content Creator
    gave the best answer on Nov 12, 2020
    BCG | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
    Hi there, Careful with the alure of PTO! If tends to end up being "My personal KPI this week is to be able to tuck in my kids 2 nights...but of course I'll sign on to work after". How do you maintain a better workli ... (read entire answer)
    4
    Answers
    499
    Views
    44
    Total Upvotes
    on Nov 13, 2020
    Last Activity

    ZS Associates impressions

    Consulting Firm tier2 ZS Associates
    Most recent answer on Nov 08, 2020
    Anonymous gave the best answer on Jan 14, 2018
    Hi there, I currently work with some ex ZS consultants. I find them very competent and from conversations - it seems like they have a very strong reputation in pharma, especially on high analytical topics like pric ... (read entire answer)
    2
    Answers
    2.7 k
    Views
    1
    Total Upvotes
    on Nov 08, 2020
    Last Activity

    How to secure MBA sponsorship at Tier 2 consulting firms?

    Job offer M7 MBA tier2
    Most recent answer on Nov 02, 2020
    The best answer (on Nov 02, 2020) is from:
    Clara
    Expert
    Content Creator
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Clara
    Expert
    Content Creator
    gave the best answer on Nov 02, 2020
    McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
    Hello ! Not to lie to you, it´s very hard -even more now in COVID times-. None of the people that I met in MIT Sloan during the MBA that come from TIER 2 consulting firms are sponsored. However, I would touch ba ... (read entire answer)
    4
    Answers
    454
    Views
    25
    Total Upvotes
    on Nov 02, 2020
    Last Activity

    Tier 2 offer but MBB final round incoming

    consulting MBB tier2
    Most recent answer on Oct 31, 2020
    The best answer (on Nov 28, 2018) is from:
    Vlad
    Expert
    Content Creator
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Vlad
    Expert
    Content Creator
    gave the best answer on Nov 28, 2018
    McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
    Hi, You should try to: Reschedule the interview. Just reach the HR and ask if there are any earlier options Move the offer confirmation deadline Pls, don't be afraid of talking to the HR! They are not the de ... (read entire answer)
    6
    Answers
    1.6 k
    Views
    3
    Total Upvotes
    on Oct 31, 2020
    Last Activity

    Leave Tier 2 after 6 months for MBB

    Change Firm MBB tier2
    Most recent answer on Oct 29, 2020
    The best answer (on Apr 09, 2018) is from:
    Andrea
    Expert
    Content Creator
    Former BCG Principal and decision round interviewer
    Andrea
    Expert
    Content Creator
    gave the best answer on Apr 09, 2018
    Former BCG Principal and decision round interviewer
    I would either apply as soon as you can or wait promotion/~2 years, especially if you live in a country where up or out is strictly enforced. The reason why is that if you "jump" ship in 6 months for a better opportunit ... (read entire answer)
    8
    Answers
    3.5 k
    Views
    42
    Total Upvotes
    on Oct 29, 2020
    Last Activity
    1 - 20 of 56 results