When will consulting firms in the US start hiring again?

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New answer on Nov 11, 2020
7 Answers
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Anonymous A asked on Jun 30, 2020

Hi All,

I was wondering if anyone had insight on when firms will start hiring again. I recently graduated with my MBA and the plan was to go into consulting. I know there is no specific answer to this but any direction would be great. Ideally, I would like to know how I should adjust my prep work, does Q1 2021 sound reasonable? sooner?

me-

9 years as an independent financial advisor

MBA from Pepperdine Business School

3.79 GPA

Just starting my prep

Interested in Deloitte and other tier 2

Thanks!

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Sidi
Expert
replied on Jul 01, 2020
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Hi! There are several firms whose offices are currently hiring - some of them with start dates further down in the future, but some of them even with start dates within the next 3 months. So it is not possible to give you a general answer to your question. Trying to understand the local context of the specific office you are applying to is key here.

Cheers, Sidi

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Ian
Expert
Content Creator
replied on Jul 01, 2020
MBB | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep

Some already are!

Honestly, I don't think you should adjust your prepwork at all - you're either going to be ready or you won't. What I mean is, your skills won't atrophy so much that - in the worst case that you don't receive any interview invites in the next few months - you will lose all the hard work you put in.

Prepare now, for an interview tomorrow. When you're ready, you'll stay ready.

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Udayan
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replied on Jun 30, 2020
Top rated McKinsey Case & PEI coach/Multiple real offers/McKinsey EM in New York /6 years McKinsey recruiting experience

The real answer is no one actually knows when. Demand for consulting is highly correlated with the industries they serve. As industries pick up and start doing more work, so will demand for the consultants that serve them.

True demand will pick up when there is a vaccine and things can go back to normal, in the meantime there will be a slow progress towards some sort of normal.

All the best with your preparation,

Udayan

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Anton
Expert
replied on Jun 30, 2020
FREE 1st session in November | From Lawyer to MBB | Top in FIT | 10x your structuring skills | Message to get Free Prep Checklist

Hi,

I would expect that you need 2-3 preparation period.

To my knowledge some firms are hiring at the moment. It also highly depends on a particular state.

Best,

Anton

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Anonymous replied on Jul 02, 2020

Hi,

Some companies are still hiring, and about others it's better to clarify at HR at the state and office you want to apply for.

Best,

André

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Clara
Expert
Content Creator
replied on Jul 02, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Honestly, and unfortunately, I don´t think anyone here can answer this question. Particularly when seeing that the US has a new record of new infections every day for the past week.

However, I can confirm you that in the rest of the world (for instance, Mexico, most offices in Europe, etc.) processes re-started.

Hope it helps!

Cheers,

Clara

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Gaurav
Expert
Content Creator
replied on Nov 11, 2020
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies

Hi there,

Some companies still hire. You can ask HR directly in the offices where you would like to apply.

Do you need any further help?

GB

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Sidi gave the best answer

Sidi

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
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