Just in general terms. Thanks!
What's the probability of being hired after you have been invited by BCG to interview?
Between 5 and 10% probably. They shoot up when you get invited to a 2nd round, probably somewhere around 20 to 30%
PS: A rejection says nothing negative about you. Every year, MBB knows they reject tens of thousands of smart and qualified applicants, who will likely go on to have very solid careers of their own. There are simply more good people than they can take, and consultancies mostly just try to limit the number of false positives, the good applicants who don't perform well once inside.
Actually - just getting an invitation says a lot about how solid your background and motivation / ambition are. I'd love to see an analysis of the average growth and earnings potential of graduates vs. candidates vs. 1st rounders.
as Vlad mentioned, there are too many factors that could have an impact on the average probability of an offer, including:
- The country and office you are applying to
- The position you are applying to (analyst, associate, experienced hire, etc)
- The needs of the company in terms of consultants in that particular moment
In terms of applicants, the rumored number of offers out of applicants is around 1% for MBB.
I dont know how generally valid this is, but I read that of 100 applicants, typically 20-25 are invited to the first round, of which approx. 5 make it to round two, of which 1-3 people get an offer.
hope, that helps
Anonymous C - make sure to not confuse between applicants (your data point) and interviewees (the question). I have heard the same as Francesco for applicants, 1% or less; probability once you actually got invited to interview is dramatically higher - though still not good
My recruiter told me that usually no more than 15-20 people a year make it to the final round at BCG (out of up to 3000 applicants a year) and in most cases this is only formality, so it would mean that success rate is less than 1%.
However you can easily assume that probably no more than 20-25% of applicants are invited for interview.
It heavily depends on the office, so any answer would be irrelevant. Pls concentrate on increasing the probability instead of calculating it.
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