Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Interview Partners to connect and practice with!
Back to overview

Turn around and restructuring consulting

Hello,

what is the main difference between turn around and restructuring consulting? (level of distress?)

What is expected from this activity as a consultant?

2
2.6k
18
Be the first to answer!
Nobody has responded to this question yet.
Sidi
Coach
on Jan 29, 2019
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 400+ candidates secure MBB offers

I don't believe there is a main differentiation between the two terms. They are widely used as synonyms in the industry!

Cheers, Sidi

on Jan 29, 2019

I recently had an interview with one of the companies in that space.

For them,

turnaround = a campany might fail in 1-2 years because of operational underperformance

restructuring = time to a restructurring situation <=12 mth

0
Similar Questions
Consulting
Just did the Mckinsey Solve Game (January 2025) - got some questions/insights
on Apr 24, 2025
Global
5
3.3k
Top answer by
Hagen
Coach
#1 recommended coach | >95% success rate | 8+ years consulting, 8+ years coaching and 7+ years interviewing experience
35
5 Answers
3.3k Views
+2
Consulting
Employment Gap on Resume and How to talk about it during Interview
on Apr 14, 2025
Global
9
7.8k
Top answer by
Ariadna
Coach
BCG | Project Leader and Experienced Interviewer | MBA at London Business School
110
9 Answers
7.8k Views
+6
Consulting
How should I explain a change in course at university? Will it be asked of me?
on Apr 14, 2025
Global
10
3.4k
Top answer by
Alessa
Coach
xMcKinsey & Company | xBCG | +200 individual & group coachings | feel free to schedule a 15 min intro call for free
81
10 Answers
3.4k Views
+7
How likely are you to recommend us to a friend or fellow student?
0 = Not likely
10 = Very likely
Thanks for your feedback! Your opinion helps us make PrepLounge even better.