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Tag: "western europe"
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western europe

    Positioning of Tier 2 companies in Western Europe and Middle East

    Kearney Middle East Oliver Wyman position positioning Roland Berger strategy& western europe
    Most recent answer on Jun 24, 2021
    <p>The general question might have been asked many times here, but I will try to be as specific as possible and would appreciate if the answers come from ones who really know/have experience (not just generic or forwarding to other questions).</p> <p>How's the positioning of Oliver Wyman, Kearney, Roland Berger and Strategy&amp; relative to each other in both Western Europe and Middle East? The industry sectors that I'm looking at are Retails, PE, Public sector and Healthcare/Pharma.</p> <p>I'm aware that they are all "Tier 2" and some can be higher or lower depending on geographies and industries.</p>
    Is this a real question? Someone really expects anyone to have in depth information for multiple firms across several practice areas ACROSS DIFFERENT GEOGRAPHIES? Any input from any "expert" will be purely guess wor ... (read entire answer)
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    on Jun 24, 2021
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    International applicants for MBB EU offices

    MBB western europe
    Most recent answer on Jun 15, 2021
    Hi there, Family reasons are fine in theory for a foreign office application. However, given you don’t have a previous connection in those countries you should verify the following: The companies you target can sp ... (read entire answer)
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    on Jun 15, 2021
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    Do signing bonuses exist in European MBB offices?

    salary negotiation western europe
    Most recent answer on Jan 28, 2021
    <p>Hi everyone,</p> <p>I kept reading on mostly North America blogs that the offer should comprise a base salary, perfomance bonus as well as a signing bonus. I just got an offer from an MBB in Western Europe but it doesn't mention any signing bonus. Is that because it's not a thing in Europe? How much room do I have to negotiate for one? </p> <p>I'm an advanced degree candidate if that is relevant.</p>
    Hello! That is odd, since for sure hiring bonuses exist in Europe. It could be related to the position you are applying to. For MBA grads and above, this is the case for sure. Hope it helps! Cheers, Clara
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    on Jan 28, 2021
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    I am an MBB intern. Will my managers find out if I apply for another MBB in the same European city?

    europe MBB western europe
    Most recent answer on Jan 02, 2021
    <p>Hi All.</p> <p>I am currently an intern in MBB (joined straight after undergrad). I am considering applying to another MBB in the same country and city (Europe), but I am concerned that my current managers, HRs will find out about this. Naturally, this would not be ideal. Do MBBs exchange information about applicants? </p> <p>The reason why I am doing this is that I feel the other company might be (slightly) more aligned with my objectives. </p>
    Hello! I don´t fully agree with what has been said before that there is totally no issue. It´s a small word, and everyone knows everyone. This said, in most cases you shouldn´t have any issue, praticularly if you ... (read entire answer)
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    on Jan 02, 2021
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    MBB Middle East vs. Western Europe

    MBB Middle East western europe
    Most recent answer on Nov 30, 2020
    <p>I am trying to decide whether I should pursue the middle east or western europe when it comes to MBB. Is career progression and perception different between the two regions? Would I be able to go to join the middle east offices and then move back internally to europe in 2 years? What advice do you guys have when it comes to this? Thanks</p>
    Hi Anonymous, In principle MBB brand is recognized the same in Middle East vs. Western Europe. However, it mostly depends where you want to spend your time afterwards. If you build your knowlegde and network in Midd ... (read entire answer)
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    on Nov 30, 2020
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    As an experienced consultant, I got rejected by McKinsey during CV screening. Why is this the case?!

    business analyst McKinsey western europe
    Most recent answer on Oct 23, 2020
    Anonymous B gave the best answer on Nov 09, 2017
    <p>Hi community,</p> <p>I recently received a reply from a Western Europe McKinsey office saying I was unsuccessful in my application following the CV screening stage. My question is why this is the case? Let me give you a bit of background about myself.</p> <p>I applied to the BA role. I am 1-year experienced strategy consultant in a tier 2 firm with office in the same city as the McKinsey office I applied to. This means should I get an offer, by the time I enter McKinsey, I would have two years of experience. </p> <p>I have always passed the McKinsey CV screening stage in the past during my uni years. My CV and cover letters have remained the same in terms of structure, but I have tailored and highlighted the content to suit my current circumstance and ambitions. </p> <p>I also have an internal referral who flagged my details to the recruitment team this time around. In the past, I had never been internally referred. </p> <p>Now, here are a number of hypotheses I have. </p> <p>1. McKinsey hasn't seen my progress throughout the years of applications - I don't believe this is the case as the last time I was unsuccessful, I was still finishing my degree. Now, I have a full-time job with relevant experience. If this is not a definition of 'progress', I would love to be proven otherwise?</p> <p>2. I am over-qualified - The BA role accepts candidates with 1-3 years of work experience so I don't think I applied to the wrong role. Meanwhile, the associate role requires you to have PhD/MBA/4+ years of experience, which is not applicable to me. </p> <p>However, I still think hypothesis 2 is correct for the following reasons:</p> <p>1. I have work experience but in strategy consulting</p> <p>2. When McKinsey accepts candidates with 1-3 years of work experience, they want to target those from industries so they can offer industry expertise/experience to the general BA pool. Furthermore, these candidates will have no consulting experience and hence will be 'coachable' and there will be a learning curve for them at McKinsey</p> <p>3. It is unfair for candidates fresh out of university to compete with experienced consultants. But it is fair for them to compete with experienced candidates with no prior consulting experience for the BA role</p> <p>And for these reasons, I think that is why hypothesis 2 is correct. Let me know what you think because my unsuccessful application comes as shocking news to me. The motivation behind this post is to really understand the root cause of this and for me to learn from it. Thank you, everyone!</p> <p>Best wishes,</p> <p>Confused strategist...</p>
    Hello Anonymous, Let's clear the fog first: Given your profile, you still remain an inexperienced consultant. By industry standards, an experienced consultant is someone who has at least 3 years of professional experi ... (read entire answer)
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    on Oct 23, 2020
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    MBB 2020/2021 Recruiting timeline with COVID-19?

    Actively preparing for interviews at McKinsey and BCG Bain BCG COVID-19 Hiring freeze Hiring Timeline MBB United States western europe
    Most recent answer on Oct 09, 2020
    <p>Dear Preplounge Community,</p> <p>I am new to the prep lounge platform and I am currently looking for advice regarding the recruiting starting date of the MBB firms in 2020 and 2021. Within the wake of COVID-19, the whole recruiting process has slowed down as much as the economy did, therefore putting a grey area on a confirmed interview day. So it is very challenging to figure how much time is necessary to prepare effectively if this marathon finish line is moving with you at the same time.</p> <p>It is very tempting to go for coaches, live practicing cases with peers, expansive prep lounge Coaching Plus plan, if one does know when is the "exam day" in order to invest the required amount of time, money, and energy to keep the momentum going. All of this is also time-sensitive.</p> <p>I am a so-called "experienced hire" of 12+ years of experience in Energy &amp; Sustainability, based in San Francisco, looking for interviews for the US and Europe Market. The recruiting teams often don't know how what consultant capacities will be needed for 2021, therefore they don't have a definitive answer on the interview day/week/month, which I find challenging.</p> <p>Thank you for your tips and advice. I welcome any thoughts that one can share so I can understand better when to ramp up to best prepare against the next to come exponential casing curve.</p> <p>Best, Olivier.</p>
    Hi there, Welcome to the platform as well as the recruiting journey! In Terms of Preparation In general, I find candidates need 2-3 months to feel ready (some need more, some need fewer). Of course, it depends p ... (read entire answer)
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    on Oct 09, 2020
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    MBB MENA from Bocconi

    BainDubai BCGDubai bocconi London MBB midde east McKinseyDubai Milan UAE western europe
    Most recent answer on Sep 11, 2020
    <p>I am starting my bachelor in Bocconi this year, I've also been accepted to top UK unis but ultimately chose Bocconi for scholarship considerations.</p> <p>I am originally from the middle east, my main goal is to break into MBB. I figured that breaking into MBB in Europe is unlikely as I don't speak Italian and that London consulting is heavy Oxbridge. Is it possible to get into MBB offices in the UAE from Bocconi? Where I can also leverage my Arabic skills. </p>
    Hello, Nice to hear that you choosed Italy for your bachelor! You can definetely join Middle East offices of MBB. I have done some interviews there and I know a lot of Italians that work there after studying in Italy. ... (read entire answer)
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    on Sep 11, 2020
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    Best MBB Europe Offices for an American Studying in Italy

    europe MBB western europe
    Most recent answer on Jul 11, 2020
    <p>Hi all!</p> <p>As an American attending Bocconi University in Milan for my Masters, I'm looking to apply to internships at MBB firms in Europe. Unfortunately I'm not eligible to apply to the Italian offices since I don't speak Italian at a C2 level, and I've heard London is extremely competitive to get accepted to. Can anyone recommend European offices which accept English speakers and would be open to hiring non-locals? Thanks in advance!</p>
    Hi Anya, As someone not from Europe, not speaking any other leaguage except English, I was hired by McKinsey in Frankfurt after my MBA at HEC Paris. Over the years, I have seen 'only English' speakers getting hired in ... (read entire answer)
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    on Jul 11, 2020
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    London Consulting Industry after Brexit

    brexit consulting europe international projects London management consulting UK western europe
    Most recent answer on Apr 18, 2020
    <p>Hello everyone. I am a continental European who will be starting a job in strategy consulting in London after uni. I have studied in the UK and was really excited about working in London, thought it was the place to be in Europe with the most diverse workforce, exciting projects, etc etc. However I am afraid Brexit may change all this and London will become a somewhat more regional office and less prestigious. It is particularly disappointing thinking of how hard it was to secure a job here. Also, the pay, already not the best in Europe because of how expensive London is (rent, living, etc), is now somewhat even worse relatively because of a weakened sterling.<br> <br> I was wondering what your thoughts are on how Brexit will change the consulting scene in London in terms of interesting projects, type of people, prestige on your resume, compensation.. And anything else you can think of? Does it still make sense to choose London over other European offices? Is there any benefits? Will the London brand help me transition to other offices should I wish, or actually become a liability due to recent political events?<br> <br> Thanks a lot,<br> A concerned European</p>
    Hello, I wouldn't worry so much about it, London will be still one of the most important business center in the world at least for some years. More over, if you are gonna to join a big and prestigious consulting compa ... (read entire answer)
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    on Apr 18, 2020
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    MBB in Eastern Europe or tier2/big4 in Western Europe

    europe mbb big4 western europe
    Most recent answer on Mar 23, 2020
    Anonymous gave the best answer on Mar 19, 2020
    <p>So as the title suggests currently thinking about strategy involving appliying to several consulting companies.</p> <p>I like western europe and I definitely see myself living there in the future due to higher standard, optimistic people mentality (as opposed to depressing in EE) and better career opportunities.</p> <p>However I also see that I will have a better chance of applying to MBB in one of the countries of EE due to me knowing one of the languages when compared to me not knowing the local language in WE. The best possible career path for me is my top priority, but I do not want to end up in an office in a country where I do not want to live, with relatively speaking much lower salary due to lower standard. Of course I can always transfer but I feel like that is going to take a few years and its always a long shot + why would they take some guy from EE?</p> <p>Now don't get me wrong, I do not want to berate someone (please forgive me if I offended someone) but I feel like working experience in a tier2/big4 would be more valued(and I could grow a lot more in western europe due to higher quality of clients/people mentality) in the western europe or worldwide (i.e if i ever wanted to work in the middle east) than an MBB exp from eastern europe - so at this point I am even wondering whether it is worth putting some of the EE offices as my 2nd / 3rd option or just scrap them all together and focus on tier2/big4 in western europe.</p> <p>many thanks</p>
    Hi A, I don’t know your full story, but in all honesty why do you have that limitation in your thinking “Either MBB in EE or Tier1/2 in WE”? In fact, you may have both! I tell you my story. I am born Ukraini ... (read entire answer)
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    on Mar 23, 2020
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    MBB Dubai vs Amsterdam vs Copenhagen

    amsterdam location MBB Middle East western europe
    Most recent answer on Jan 04, 2020
    <p>Hi, I am an American (froma target school) looking to gain international experience (3-5 years) before I head back to the US and help my Dad expand his business. I have been travelling around the world since my graduation few months ago. I really liked all the three cities (Dubai, Amsterdam and Copenhagen) and couldn't rank the preference in terms of lifestyle. So I'd like to know the pros and cons of these regions in terms of interview process and later working at MBB.</p> <p>Thank you! </p>
    Hello! In a McKinsey women meeting I met people from these 3 locations. A priori, I tought that the Copenhagen office would have a better lifestyle -and indeed, it was better than Spain-, but it was still hard! Not ... (read entire answer)
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    on Jan 04, 2020
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    Which MBB European offices hire pure English speakers and sponsor VISAs outside of the UK?

    English europe MBB speaking visa issues western europe
    Recent activity on May 17, 2019
    <p>Hi, I'm finishing a degree from a target school in France (top 3 Grande Ecoles for business) but don't speak French fluently. I want to leverage on its European brand reputation by applying to MBB English-speaking offices in Europe, outside of the UK.<br> <br> I would love to learn about other English-speaking offices outside of Europe where I should consider applying. I have a couple of internships and strong extra-curriculars, including an Amazon Luxembourg stint, but I am afraid that all the case prep will be for nothing if I can't get my CV through the first screening. Thank you for your help in advance.</p>
    Hi Sam, For Bain your best chances are the Amsterdam and Nordic offices (Stockholm, Copenhagen, Oslo, Helsinki) that all hire English only speakers.
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    on May 17, 2019
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    German Consulting Industry

    application process DACH German germany interview process MBB western europe working culture
    Recent activity on Dec 11, 2018
    <p>Hi, I'm Australian but now live in Germany and speak decent German which I am still improving (I could not present a client presentation but can interact in the office). I am familiar with the consulting culture in Australia, the US, and the UK (so English-speaking countries), but not in Germany. What differentiates the German market/industry/firms (including MBB offices) and their work culture, including hiring processes, work-life balance, pay and benefits, staffing practices, etc? I know there are a lot of variables involved but I'm just looking for some insight. </p> <p>I have read on several posts that some firms are more open than others to hiring foreigners without perfect German. Most that I have found through research seem to be in-house consultancies. What about MBB and 2nd tier firms? Like I said, I speak German it's just not polished enough yet. </p> <p>Thank you in advance, I appreciate any insight. </p>
    Hi Anonymous, German fluency traditionally was a quite important requirement in the German consulting industry. This requirement has softened a bit in recent years, however mostly driven by the increase in variety of ... (read entire answer)
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    on Dec 11, 2018
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    McKinsey 1 Day Interviews?

    2nd Round BCG europe germany interview process MBB McKinsey western europe
    Recent activity on Nov 13, 2018
    <p>Hello to you all, I was told by a McKinsey recruiter in Germany that McKinsey interviews are only 1 day long. Interviews in the morning, then lunch, then if you get a callback during lunch, interviews in the afternoon, and then that's all. This was a surprise to me as I read a lot that it was 2 separate interview days with a few weeks in between. The 1 day interview instead has some positives and negatives. </p> <p>Does anyone know if other consulting firms in Germany such as BCG are the same or other ways the processes are different in Germany from other countries? A lot of what I read I think is for USA/UK but I am German. Thank you for your help.</p>
    The firms have different processes in different countries. McKinsey Germany has 2 rounds of interviews (on the same day): Round 1 with 3 interviews in the morning, and Round 2 with up to 2 interviews in the afternoon. ... (read entire answer)
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    on Nov 13, 2018
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    Filing taxes as a consultant

    europe International management consulting MBB salary taxes USA western europe
    Recent activity on Nov 07, 2018
    <p>Very interested in the tax implications of being a consultant.</p> <p>Could anyone enlighten me on tax implications of being an international consultant? What happens when you work on a project in a different country from your home office? I know this will vary wildly but genuinely just curious.</p> <p>I am from the US but live in western Europe. I work and pay taxes in Europe, but I still must file each year with the US (fortunately I don't have to pay anything). If I were working for a consulting firm here in Western Europe and I was placed in a project in the US would that then be US income? The paycheck would of course still be going from my home office into my bank account in that country...but the work would be done in the US. Very curious as when you file taxes in the US as an expat you have to give very precise information about your length of stay in the US/what you were doing.</p> <p>And when I work in other countries in Europe (within or outside of the EU) do I pay taxes to my home office country no matter what?</p>
    I don't think you have tax attorneys here, so no-one is truly qualified to answer. As a consultant, you won't have much time to figure it out anyway... just hire a professional, your company should be able to help with ... (read entire answer)
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    on Nov 07, 2018
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    Experience with Embrace the Case Interview by Brad Schiller?

    Application application process BCG Case Interview Case Interview europe MBB preparation western europe
    Recent activity on Sep 30, 2018
    Anonymous A asked on Sep 30, 2018
    <p>Hello, does anyone have any experience with "Embrace the Case Interview" by Brad Schiller? I've been reading it as I got it for $4 on Amazon, and it's been really helpful (especially with the behavioral part), of course always remembering it was written several years ago/certain aspects are no longer relevant. However, just wondering if anyone has read it/found the 6-prong approach to cases to be helpful. </p> <p>Thanks! </p>
    Hello, does anyone have any experience with "Embrace the Case Interview" by Brad Schiller? I've been reading it as I got it for $4 on Amazon, and it's been really helpful (especially with the behavioral part), of course ... (read entire question)
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    on Sep 30, 2018
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    Racial / sexist discrimination in Consulting in Europe

    consulting consulting industry europe western europe
    Recent activity on Sep 20, 2018
    Anonymous gave the best answer on Sep 20, 2018
    <p>Bear with my controversial question.</p> <p>Just want to know, when it comes to hiring, is there any racial / gender discrimination or preference when it comes to hiring?</p> <p>After all, consulting is a client-facing job, consultants are expected to build a long-time relationship with clients, and it´s always easier between nationals of the same country.</p> <p>Not all European countries are so diverse and tolerate. I´ve been told stories that sometimes clients (not necessarily in Consulting) walks in the room and said:¨what is this ***(insert any colored people) person doing here?¨</p> <p>I saw some Indian guys actually use Anglo-Saxon names on their LinkedIn / Resume such as Kevin or John, wondering if they take it as a smart trick to avoid this discrimination (at least at CV screening stage), again sorry if I offend anyone and those are actually their birth names.</p>
    Hi Anonymous, first of all a disclaimer: I am a white man, so I definitely have blind spots here and there and maybe see things for better than they really are. But I'll do my best to give an objective answer. I beli ... (read entire answer)
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    on Sep 20, 2018
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