Only ex-McKinsey Partner on PrepLounge (also Oliver Wyman) and McKinsey MBA, Experienced Hire and Undergraduate Recruiting Leader
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Waiting for final rounds

Anonymous A

Hey!

I would like to ask what I should do if I have to wait final rounds at one of MBB firms for amost 3 months. Talked to HR, she said that she dind't knwo when all partners would be available. What does it mean?

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Matthew
Expert
replied on 10/10/2017
Only ex-McKinsey Partner on PrepLounge (also Oliver Wyman) and McKinsey MBA, Experienced Hire and Undergraduate Recruiting Leader

I answered a questions similar to this yesterday. You can find it here.

https://www.preplounge.com/en/consulting-forum/scheduling-for-mbb-interview-920#a1801

To elaborate on your specific situation, first round interviews are conducted by Associates / Consultants and Managers / Project Leaders. Final Roungs are conducted by Prinicpals / Associate Partner, Partners and Senior Partners. In order to have a decision meeting where all of the final round interviewers have just interviewed the candidate and can make a decision that day, there have to be enough senior firm members around (usually 4 but can be less) to conduct the interviews on the same day. As you can imagine, scheduling 4 Partners to be in the office on the same day and to have availability on their calendar to interview and attend a decision meeting is no small feat. This is especially true if the office is small.

Depending on the number of partners and proximity of the the partners primary clients (therefore need to travel), it could take a while to align all of the calendars. I would say that 3 months feels on the extreme end of the spectrum. Having led Boston Office recruiting, I would say the longest I ever had to put off a general hire was 4 weeks and the longest for an experienced hire was probably 7 weeks (the pool of Partners interviewing for specific experienced hires was smaller).

(edited)

Francesco replied on 10/10/2017
Ex BCG | MBB Specialist | #1 Expert for meetings done (900+) | 100% recommendation rate

Hi Anonymous,

as mentioned by Matthew, that could be due to a misalignment of the partners’ calendar on the recruiting day. I would add there might also be uncertainty for a big project to close and therefore HR needs, as 3 months is extremely unusual as a timeline for a final round from the previous one (the maximum I heard was 1 month).

As for what to do: there is a single thing you can actually do to accelerate the process, that is, manage to receive another offer from another consulting firm (even not MBB, although ideally a brand name - the more prestigious, the better). If you manage to do so, besides reducing the stress on the day of the final, you will likely be able to have the round anticipated. That’s actually what happened to me: I received the offer from Oliver Wyman, and then contacted Bain and BCG (with which I was in the process already, though not started yet with interviews) and completed the whole process in 4 days, from test+first round to final. If you have in pipeline other interviews with consulting firms, you can thus replicate that so far that you manage to get another offer and accelerate the process.

Hope this helps,

Francesco

Anonymous A replied on 10/10/2017

Thank you, guys, for your responses! But there is minor thing: I am from the country where there are no other alternatives to McKinsey and BCG for fresh graduates :) Yes, there are big4 companies, but the gap in material compensation and opportunities is very huge

Anonymous A replied on 10/10/2017

I am a recent graduate

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