Hi Anonymous,
Your information about MBB is not accurate for current hiring levels - already during last 6 months intake was significantly reduced - partially also due to more difficult logistics and other priorities internally for a short period, but also due to uncertainty about future.
Always keep in mind that consulting firms are profit-oriented companies and thus need to accurately balance HR supply (from applicants) and HR demand (for projects). Right now it's still high uncertainty about next years consulting budget, so everyone is definitely cautious in recruiting at the moment, and sometimes even artificically prolonging application durations from start to end.
Based on future demand firms will also decide how many consultants need to leave the firm - not yet clear, but rather likely it will be more than in previous years.
Hope that helps - if so, please be so kind to give it a thumbs-up with the green upvote button below!
Robert
Hi Anonymous,
Your information about MBB is not accurate for current hiring levels - already during last 6 months intake was significantly reduced - partially also due to more difficult logistics and other priorities internally for a short period, but also due to uncertainty about future.
Always keep in mind that consulting firms are profit-oriented companies and thus need to accurately balance HR supply (from applicants) and HR demand (for projects). Right now it's still high uncertainty about next years consulting budget, so everyone is definitely cautious in recruiting at the moment, and sometimes even artificically prolonging application durations from start to end.
Based on future demand firms will also decide how many consultants need to leave the firm - not yet clear, but rather likely it will be more than in previous years.
Hope that helps - if so, please be so kind to give it a thumbs-up with the green upvote button below!
Robert