Mbb mba recruiting. k. Sweatpants (Memes) Congratulations to Those Who Made It & See You Back in Fall '22. These include: Many top consulting firms value an MBA very highly, and many firms even recruit at business school campuses. Exit opportunities and exposure are stronger in MBB. McKinsey, Bain, and BCG recruit thousands of MBA grads each year. The context is that people complain it’s luck. K. Please reference the campus calendar below for the Summer Associate application deadline and apply for our Summer Associate and Fulltime Associate roles via the Are smaller MBB offices (think McK Charlotte, BCG Nashville, etc) easier or harder to recruit for? Of course more MBAs want to recruit to places like Skip to main content. Applications for the first deadline are already live, at least for Bain. As one recruiter shared, “I think one of the things that makes Vanderbilt MBA students different is that they are their The MBB firms don't compromise on the quality of candidates they recruit. Many individuals attend business school primarily to switch to a new career path. Though there are several key differences amongst the MBB consulting firms, there are some overlapping similarities as well. Some of it is due to self selection by students but part of it is also due to its inability to diversify beyond finance. Generally, pre-MBA WE isn't a major factor for campus recruiting. Nail the case & fit interview with strategies from former MBB Interviewers that have helped 89. Only Nontraditional interview methods have become commonplace across the industry as we head into 2024. Among MBA students and MBA applicants seeking a management consulting career post-MBA, there is a lot of interest in working at leading strategy consulting firms such as McKinsey, Bain and BCG (‘MBB’). . Muehlstein, ex-BCG managing director and partner, led the firm’s recruiting efforts in Southeast Asia and conducted hundreds of interviews. Experienced hire recruiting happens year round and it’s a great alternative for people who are intently focused on getting into consulting vs. Strong academic performance, leadership in extracurriculars, and relevant internships are crucial. You can get Hence, my advice is to try and get into MBB in Europe at the lower levels (even if you don't want to - you may have to), work hard and get sponsorship for an MBA. YMMV - ask the MBBers at your MBA what's what. you need PE experience to realistically recruit for PE in 80%+ of cases. Careers/Post Grad Hello I will be attending an M7 this Fall. I am not international. In other words, the majority of people that got offers to work at BCG either didn't get an interview at all at McKinsey and Bain, or did receive interviews but did not convert to offer. GPA isn't important. Primarily your background pre-MBA, firm, school, office/region and interview experience (waitlist, direct acceptance, joining date pushback, etc etc). But that can vary a bit from case to case. 0 Answers < 100 Views Question about. Members Online • PeterPan11111111. My perspective was this: Several factors help MBB stand out from the rest of the consulting pack. The entire recruiting machine is built to find these people. This is the kind of insight I would've appreciated when I was browsing this sub as an MBA applicant. MBB re-recruiting is literally non-existent, like 0 offers, and only interviewing waitlisted candidates from last year. Entry-level consultants include university and MBA students and for them, MBB run extensive awareness and lead McKinsey Deadline for Full-Time Associate (MBA): Passed (September 7, 2023) McKinsey Deadline for Summer Associate (MBA): TBD. 17 Comments Shares 9 . The guidelines spell out our requirements for job postings, compensation, start dates, and other details. I recruited simultaneously for big tech and consulting. MBA Recruiting: MBA candidates are often the prime candidates for consulting roles. PE/VC/HF are still sought after but they are the forte of Hiring process for people with advanced professional degrees such as MD typically follow the experienced hire / MBA recruiting track (on avg including 3-5 rounds of 1h interviews) and join as Mid-level position (e. We take a closer look at MBA programs' placement at these leading firms. 5 YOE in an MBB in Europe here. The US offices of the MBB firms organize special pre-MBA programs every year where they introduce upcoming MBA students to the firm, its people, its culture, and consulting in general. The MBB MBA recruiting process is intense and competitive (even amongst top firms). I got in by doing boutique consulting from undergrad MBA Recruiting - MBB intern class size, based on current or projected economy? Does MBB base their intern class hiring targets on projections 2 years out, or on the current state of the economy? Basing it on projections would make sense, so they can cover their needs with returning interns 2 years after recruiting them. Plus, the candidate's A global MBA directory: 2000+ MBA schools & counting. If you miss the recruiting during MBA, it's nearly impossible. Reply reply dutchmaster77 • When it comes to final decisions on who is last in and first out it can come down to splitting hairs on things like FT recruiting is rough even in good times. I would say that landing MBB is more competitive because you only have three firms for all M7 (and some T10-T15 they recruit from), while there are significantly more EB/BBs, and, consequently, open positions. McKinsey & Company was the biggest recruiter of LBS MBAs in 2021, hiring 56 graduates compared with 43 in 2020. In fact, many of the same demographic hurdles for MBA admissions apply to recruiting as well, depending on the industry. Typically, MBB representatives will conduct on campus While these mainstream recruiters of MBA talent, offering internships and jobs to hundreds of MBAs every year, closely guard the lists of The recruitment outlook for MBA students aiming to join either McKinsey, Bain, or Boston Consulting Group — the elite MBB firms — is There are two main recruiting targets for MBB firms: entry-level consultants and experienced hires. Impact Consultant . If I didn’t write the GMAT for my target MBA program, is that a big deal for MBB recruiting? I was given a GMAT waiver Reply reply I don't think I know an MBB from MBA with < and 700 on GMAT, but in general that was the rule. Should you wish to explore opportunities with us, we encourage you to browse the resources on our Careers site. In terms of career trajectory, you'll need to eventually do an MBA if you want to continue with MBB whereas you can reach partner level without an MBA at B4. , not experienced hire) would be if 1) your school offers on-campus recruiting (sounds like they don’t) or 2) you network into applying for an MBA role while still in your program (you’re probably out of time Learn about MBA programs, applying to them, and what life is like while in one and afterwards. Panel discussion of current / former management consultants from #McKinsey #Bain, #BCG, and other top Management consulting firmsFull Schedule - https://gmat Full-time position at MBB (US office) without internships. But the “default” is a return offer. Goizueta Career Connection (GCC) is our signature MBA recruiting event which happens in early September. California native simultaneously recruiting for SF IB, consulting and tech PM ^^The key to these searches' working is that there are relatively few IB jobs in these locations and so IB recruiting efforts can be focused. ” But once you understand the ingredients, it’s Most people go to MBA to get into MBB because they can't get into MBB without the MBA, whether that's due to the lack of network, lack of preparation for the interview, or whatever other reason. More firm resources are sent to the T15 schools. How is MBA summer internship recruiting looking like for summer 2025? For MBB, students matriculating in September 24 will be interviewing for summer 25 internships next summer. Doctoral Students MBB has multiple deadlines currently: you have an early one that'll be closing in the first half of July, and a second one that will close in the latter half of September. An MBA will also provide you with opportunities to practice cases, whether with professors, fellow students, or alumni who work for consulting firms. I am writing this to provide insights to curious folks about how the process works and advice for success. I’m trying to decide between applying to the full time and part time programs at several T20 schools (and Kellogg) and wanted to know if there were significant recruiting differences between the full time and part time programs specifically for a role in MBB. $130k, half cost of Wharton. CBS has the worst tech recruiting of all M7's. I’ve heard last year was a bloodbath even for top schools, and this year is shaping out the same way. I’ve heard last year was a bloodbath even for a post-MBA non-technical person at a tech company is not getting the same opportunities as some wizard computer science major who has been putting together PCs since he was 6 and can write python in his sleep, and getting paid in starwood points to fly to the middle of nowhere monday through thursday to sell a "digital transformation" case is not as sexy as The Big Three management consulting firms—McKinsey, Bain, and the Boston Consulting Group—are increasing starting salaries for MBA consultants by $15-to-$17,000 in 2023, according to a new report by ManagementConsulted. Bitte versuchen Sie es erneut oder kontaktieren Sie den mobile. If you're considering an MBA, research the best programs for Does that apply to MBA recruiting or online applications? A lot of times people quote fewer than 1% of applicants get hired but clearly more than 1% of people in top MBA programs get hired. The McDonough CareerView recruiting database is your primary resource for accessing our talent. Wise_Weakness_425 • • Edited . Alternatively, join MBB in Europe, skip the MBA, and push for a move to the US further down the line. I was told that MBB could change my trajectory and give me the opportunity to work on higher-level strategy projects. Hello, I will be attending a T15 Bschool this fall and as someone interested in a career in consulting, I have Recruiting If you are decent socially and network well (ask for coffee chats and calls with staff in your target office), you will get in front of several MBB firms. Thus, MBA applicants are often interested in seeing the MBB job placement track records for the different MBA As a Canadian MBA grad, I honestly feel like I had same employment opportunties. Like. I believe I saw McK interviewed 144 of the 200 ish consulting club members. Log In / Sign Up; Advertise MBAs often enter these firms at the consultant or even senior consultant level position, or even project management. At a top-5 school, 80 percent of students who submitted resumes got a call for the first-round interview, and 40 percent eventually got job Post-MBA MBB Experienced Hire. Im confused because since it isnt an mba program, the handshake/ on campus recruiting is primarily for undergrad students or grad students without experience. M7/T15 MBB Feeder Schools Careers/Post Grad As a candidate applying this fall and targeting MBB post MBA, I recently heard that even the top schools (M7/T15) are categorized as MBB I assure you what I’ve described is pretty close to how it works. This year, it's still a bit early, but with invites going out, it seems likely many won't land MBB either. There is no official statement from any firm about their target schools. Recruiting. People in the “yes” column can still blow up their chances if they Learn about MBA programs, applying to them, and what life is like while in one and afterwards. Uns verbindet die Leidenschaft für das Recht. MBB Similarities At the high level, all Undergraduate Recruiting: Many MBB firms hire top undergraduates from prestigious schools. I honestly think that the whole 'gaming' the office This is just one persons opinion. They do most of their recruiting at M7s. FT recruiting is mostly for folks with internship return offers looking to upgrade. This year, I did not even get closed listed for two of the places- made it to final rounds for 2 top firms but then dinged. getting an MBA (and then doing consulting or something else). a. M7/T15 MBB Feeder Schools Careers/Post Grad As a candidate applying this fall and targeting MBB post MBA, I recently heard that even the top schools (M7/T15) are categorized as MBB Learn about MBA programs, applying to them, and what life is like while in one and afterwards. Carnegie Mellon Tepper Online MBA (1% current MBB population) - 6 potential in person weekends (thurs - sun / fri - sun), 3 required. Learn about MBA programs, applying to them, and what life is like while in one and afterwards. If you are at an M7 though, I think the only thing that could essentially disqualify you from MBB is an awful gmat (even then there are exceptions). GMAT 695, GPA 3. Although I had the opportunity to join MBB, I have instead chosen to take a FAANG PM internship. Post the MBA, the start-up failed and I managed to finagle interviews with Bain and BCG via networking ( ending in final round rejections). In management consulting, MBB stands for McKinsey & Company, Boston Consulting Group, and Bain & Company, the three most prestigious firms in the industry (also known as the “Big Three”). Coming from India how feasible is it to recruit for these offices? How is the current recruitment scenario? Big Three management consulting firms, McKinsey and Bain & Company, increased their hiring of MBA graduates from London Business School by 30% in 2021, according to the school’s latest MBA employment report. Lots of people last year struck out of MBB for internships and 2nd year FT recruiting, and pursued T2 consulting instead with a few striking out of consulting altogether. 8. Some MBA programs offer students the opportunity to do a consulting project as part of the Of the big three MBB firms, McKinsey & Co. I chose Tuck due to a combination of (1) recruiting outcomes, (2) culture, and (3) scholarship. ADMIN MOD Picking offices for MBB recruiting . MBB MBA Recruiting. Each industry has a dedicated relationship manager who helps companies develop customized recruiting strategies for accessing Wharton MBA students and alumni. M7 does not guarantee MBB placement. Pros: Huge focus on MBB, all 3 firms recruit here and large % of students land MBB. Did an MS in Robotics at a good program (had an undergrad in engineering), and now work as a PM in a robotics team at a FAANG through the Masters/MBA recruiting cycle. 6% of our clients pass the case As more and more business schools waive standardized tests for admission to their MBA programs, including at MBB, the popular acronym for McKinsey, Bain and the firm’s lead partner for North America recruiting, McKinsey views test scores as an interesting metric but doesn’t require them from job candidates. Indian student simultaneously recruiting for IB and consulting jobs in London and India. Log In / Sign Up; Advertise Panel discussion of current / former management consultants from #McKinsey #Bain, #BCG, and other top Management consulting firmsFull Schedule - https://gmat According to a post on an online forum about MBB recruitment at a top 15 school, 300 students applied for jobs, 15-30 received calls for first-round interviews, 5-10 received calls for the second round, and two to five got offers. Members Online • heidiym . If you’re a 2nd year MBA candidate wanting to recruit for full-time roles, you will need to approach the process like an experienced hire - which means you’ll have to be proactive about networking Long answer: Recent MBA graduates are also considered experienced hires at mbb. It's possible the same can be said for EMBA programs. Count this as just another effect of the COVID-19 pandemic on consulting recruiting. MBB hiring strategies for Fall 2024 are likely to be more selective than ever before. If you are attending a target program (M7) for MBB recruiting, have a 700+ GMAT score (I know resume filter on score is applicable And some groups that only hire out of MBB (I think Google strategy is one) do have higher payscales than the strategy and ops groups that recruit at MBA programs. I also led recruiting for my MBB office for a third M7 + 2 T15s. Your MBA careers service will also hold interview preparation sessions to ensure you’re ready if you make it through the application Do you have any FT experience? If not, you won’t get into an M7 MBA, and you rest shouldn’t get an MBA without at least some experience. Open menu Open navigation Go to Reddit Home. They may require a certification Can confirm HBS grad pre-pandemic, got my MBB job through second-year recruiting for FT consulting, and many, many of my classmates who were recruiting as second-years for MBB were not successful. a When looking at the forums around consulting and MBA the EY Tech MBA is rarely mentioned in a positive way and the same goes for Hult. Tech has been rising in desirability among MBA's for quite a while. MIT Sloan | Ms. Ryan Boutwell (incoming McKinsey Associate, Management Consulted Content Intern) breaks down the entire process: The McKinsey MBA internship application deadline; What to expect after applying; When to expect interview invites; Keys to preparing for case If you make 200k TC pre-MBA, you could be a high-performer (unless you’re already like 45) and your experience could get you interviews, as opposed to the English teacher getting in via MBA alone. MBB firms regularly recruit at top business schools globally, seeking This year, more MBAs who interviewed for internships find themselves on an MBB waitlist as McKinsey, BCG, and Bain determine headcount needs for 2021 and beyond. r/MBA A chip A close button. g. Share Sort by: Best. Expand user menu Open settings menu. If you have any questions about recruiting at Vanderbilt, please contact your Employer Two years at MBB may jump you ahead of someone 2 years in say marketing at a CPG company post MBA because of the exposure you get in consulting working on dynamic business problems, and generally being at MBB you are vetted as smart and a hard worker. MBB>T2>Big 4>Boutique. Approximately 400 students, alumni, and business partners gather to build relationships for future hiring needs. Fewer people recruiting for tech, many likely to go consulting instead. It’s absolutely not. Tech and marketing mostly do recruiting in value pre-MBA WE vs networking? It's not a direct trade off. Hello All, Firstly admittedly i do not have an MBA. but when shit hits the fan, these employers aint hiring, thus leading to decimation come FT recruiting. Targets – There is a crop of elite schools MBB MBA Recruiting. If it's good enough for a target school, it's good enough for MBB. Careers/Post Grad Would love to hear from those (non spon candidates) who were recruiting for consulting. The question is, how important is it to do an internship in order to get a permanent position at the US MBB? I am not from the US and have zero management consulting WE. Big 4 do have significantly larger populations in the US. ; Highest Qualification: Candidates pursuing full-time management post-graduate courses (MBA/MMS/PGDBA/PGDM) offered by a recognized university with specializations in MBB interviews are largely a function of luck. Open comment sort During my MBA I was on a sell dinner with a CPG that flew a few of us out for dinner before internship offers went out At dinner one of my classmates blurted out "wheresthewatercloset, aren't you also recruiting for consulting?" in front of the hiring managers. An MBA is not a requirement to join a top consulting firm. It also gives incentive for the firm to hire you to leverage the alumni and relationships you built during your studies, for future work. Please call 215-898-4383 with questions. Those factors are orthogonal to one another. Don’t rely on it too much, make sure you get your return offer from your internship first. Boston Hi everyone, I was in a non-MBA master's program a few years ago, and I remember applying to (and getting rejected) an internship position at an MBB firm, and subsequently in the second year, re-applied for the FT position but got auto-dinged because the recruiter told me 18 months - 24 months need to elapse before I can re-apply, even though I Top Consulting Firms - MBA Alumni. Work-life balance is poor. Kellogg SOM | Mr. So, if you're an MBA and find yourself on an MBB waitlist, you're not alone. Was there anything you did during recruitment for MBB that made you standout from others? I ask because I recruited for MBB this year and I attended all the presentations, the office hours, but I didn't get onto the closed list for any of the MBB. He was an active member of its recruiting team and conducted more than 300 case interviews for the firm. If you don't join MBB, salaries and cost of living is lower in Canada. Get app Get the Reddit app Log In Log in to Reddit. It also would include people working in HR, recruiting at all companies, engineers at BCG X for example. Select viewing preference. After all, those schools have long been consistent hunting grounds for the elite consulting firms and all are on the target recruiting lists of the MBB (see These 17 B-Schools Are On McKinsey’s Target List or These 40 B-Schools Are On Bain’s Target List). As recruiting timelines move earlier and earlier, your MBA recruiting journey starts before you matriculate! If you’re starting your MBA this fall, interested in consulting, and are eligible for a pre-MBA program at a consulting firm, you should definitely apply for early networking opportunities. For not MBA: Some offices do have recruiting cycles and period (e. MBB and IB don’t require any particular work experience before MBA and so recruit people looking to reset after squandering a few years Learn about MBA programs, applying to them, and what life is like while in one and afterwards. Not all offices in all MBBs in Europe will need you to speak the local language. To say they are bad at MBB consulting is considered much more prestigious than B4 consulting. And regarding cross-offers, it pretty much follows the tiers, so there isn't much to lose either. According to career coaches and career advisers, I had a solid resume, with a front-office summer internship at MS/JPM, a Strategy role at a well-known startup, and I'm a lower Ivy league No one outside of MBB recruiting will be able to give you this number, and they're certainly not talking. No one outside of MBB recruiting will be able to give you this number, and they're certainly not talking. Typically, MBB representatives will conduct on campus events at target schools (e. The context is that they'd like to chat about potential opportunities and learn more about me. While all recruitment channels are open and used by all firms, three in four hires by MBB in the UK were either pre-experience students (41% of hires) or Experienced Hires (35% of hires). When you break down the data, the WSO report can provide clues about the schools the MBB firms favor in their Thus, the discontinuation of guaranteed full-time roles following MBB summer internships will provide MBB consulting firms with additional flexibility when it comes to hiring in case economic conditions remain in a state of uncertainty. With respect to experience/learning for non PM roles, does MBB always provide experience/learning that is valuable to tech companies? I would imagine someone who worked on MBB re-recruiting is literally non-existent, like 0 offers, and only interviewing waitlisted candidates from last year. Top target schools of MBB firms 2024. Similar trends Expect to pay full freight tuition. If there's Utilized most often at MBB as pre-interview screen; Used at McKinsey, BCG, Bain I switched from MBB to product. If you don’t want to spend hours searching the web, this article presents a comprehensive and convenient list for you – with 35 example cases, 16 case books, along with a case video accompanied by detailed feedback on tips and techniques. In this post, we’re going to apply a data-driven approach to determine what the target schools are for management consulting. Dark. This tier includes the usual Undergrad and post-MBA recruiting are two different beasts entirely, so it's rather difficult to compare them directly. MBB firms (McKinsey, Bain, BCG) are considered top-tier consulting employers. Members Online • throwaway2737284. doing my MBA at an M7 next year looking to recruit for MBB. are my re-recruiting chances worse because of this rejection ? 7 reactions. The management consulting career path is considered integral to the early career and/or the professional aspirations of countless MBA applicants that our team has advised over the last Hi, I will start my 2nd year MBA at a M7. Experienced hire vs. At a top 10 MBA program. Right now, as a group, MBB consultants have that “special sauce. Consulting firms align their recruitment cycles with the academic calendar to secure top talent as graduates enter the workforce A decent number of people succeed in MBB recruiting for FT (though this year might be an outlier since they didn't really account for the surge in client demand so they might have underhired for internship a year before). Work with our expert team to prepare your resume and get ready for Percent Joining MBB Firms. Among the top consulting firms, McKinsey, BCG, and Bain—collectively known as MBB—are renowned for their rigorous selection processes and prestigious client engagements. New, highly revealing data on where McKinsey, Bain & BCG get their MBAs The post Where McKinsey, Bain & BCG Hire Their $165K-A-Year MBAs appeared first on Poets&Quants. How is next year looking those matriculating in the fall? I had applied for MBB back in July 2023 (as they recruit 1 year in advance) for their Full-Time 2024 roles (which would start this coming July 2024 for their Full-Time Position). MBA students While it's definitely a good idea to start recruiting during the (tail end) of the PT MBA, joining an MBB firm while you're studying, is a big challenge and would be hard to handle for anyone - the demands of MBB consulting are just too high to juggle both. Which mean networking is the only of those 2 factors that lies ahead MBB is the acronym that many young professionals use to describe the upper echelon of management consulting: McKinsey, Bain, & BCG (Boston Consulting Group). I ended up going for a US job after, both my partner and I are Canadian MBA now working in US with American salaries except half the loans that our american McKinsey and BCG both allow MBA students to apply to specific practices (strat & corporate finance, digital, marketing & sales etc. Please make sure to read our rules and wiki before posting. In the UK, MBAs only represent 21% of hires, unlike in the US, where more than a third of all hires were MBAs. My perspective was this: Learn about MBA programs, Just what I’ve heard from personal conversations with someone in the know for recruiting at MBB. MBB und weitere Top-Beratungen haben in der Regel zwei Recruitingziele: Berufseinsteiger:innen und erfahrene Consultants. but from my perspective the the overall ideal is Bachelors > MBB (3-5) > MBA > FAANG. Do I still have a chance? Am I on the waitlist? You still have a chance. We set the cut-off at 80 hires per year. Johnson is a world class school and has the absolute best and most prestigious companies actively recruiting at the campus. But overall, I'd do a T2 to keep honing your casing/consulting skills, unless you also like tech in that case recruit for tech. Recruiting standards are arguably lower in the Gulf for US/EU school grads when compared to those for US/UK offices. You don’t have to “stand out” or go “above and beyond” to get Our 2024 Top Consulting MBA list offers insights into the best programs for aspiring consultants. Goh, co-founder of TalentKraft, is a former principal at BCG where he worked for more than eight years. First-Year MBAs: Firms primarily recruit first-year MBA students for summer internships between November and December. And even if you do Studying case interview examples is one of the first steps in preparing for the management consulting recruitment process. Any thoughts on Skip to main content. Interestingly, according to our research, a significant portion of 2020 MBB recruits at the Top US and European Business Schools are recruited without having worked at one of these firms in the past. 1 Answer 100+ Views Common Pitfalls to avoid on the job. , BCG made 20 offers at IIMA After working for small boutiques, I blew up my MBB on-campus recruiting chances because of a startup I decided to found during the MBA. Big 4 only recruits from certain schools schools so you need to check if your school is associated with them. 3% of total MBA hires - the largest share of all industries - in Bloomberg’s 2023 I switched from MBB to product. Hey there, I have a couple questions and I hope you don't mind me asking it here. As you alluded, major gap between T15 and T25 for MBB recruiting. There's a shortage of workers for MBB offices in Dubai (and basically no local hires - those offices hardly have any Emirati employees - the M7 Emirati grads mostly go work for state companies like ADIA or ADNOC). r/consulting A chip A close button. Einstiegspositionen werden üblicherweise mit Universitäts- und MBA-Studierende besetzt. I would like to get into PE, but I’m also considering MBB as it has become Top Targets – Harvard and University of Pennsylvania have placed ~2x the amount of people into MBB than the following targets. But the number of touchpoints is not necessarily the driver of this. , coffee chats; dinners), and then come back to campus to interview candidates in person at a predefined time. Case ex-BCG London Principal 7yrs | 1st & 2nd round interviewer (150+) | CV screener | Recruiting mentor | LBS MBA 19. In fact, consulting makes up 31. Share This: Share Full-Time MBA Interview Information for the Large Consulting Firms (MBB) – Fall 2024 on Facebook Share Full-Time MBA Interview Information for the Large Consulting Firms (MBB) – Fall 2024 on LinkedIn Share Full-Time MBA Interview Information for the Large Consulting Firms (MBB) – Fall 2024 on X Copy Link Schools don't really devote resources for recruiting at a particular firm to begin with. Which is not the case. Reply reply incognino123 • Whatever you want to believe dude. I assure you what I’ve described is pretty close to how it works. There could be several reasons for the delay: Partners got busy and cannot align; HR got busy and did not manage to call Ein Überblick über Recruiting-Prozesse in Top-Beratungen wie MBB. Not to beat a dead horse, but MBB firms are obviously the biggest recruiter on campus with 18% of all Booth MBAs landing at one of the Top 3. Also, as you stated, 15% of people who get interviewed get hired and that the number of people who get hired from interviews is based on an absolute, not E. MBB, BB/EB IB, FAANG, all Percentage: Candidates should have a minimum aggregate (All subjects in all semesters) of 60% or equivalent CGPA in class 10th, 12th, Diploma (if applicable), graduation, and post-graduation examination. This article includes consulting firms' application deadlines - from MBB to Big 4 to boutiques big and small. have more expansive lists, with BCG having 28 MBA programs with favored status while Bain boasts 40 different programs. associates within McK, Senior Associate at BCG etc. Once interview invites are sent out, casing performance is by far the most important factor. Im a junior at MBB. MBB consultants are recruited with the highest standard (<1% passing rate), paid the highest salaries (starting at $80,000/year in the US), and have the best exit opportunities in the industry. The McDonough Career Center offers multiple options for employers seeking to recruit top-tier MBA candidates and alumni, providing opportunities for both on Bain, BCG, McKinsey MBA consultant salaries on the up. These programs (specifically McKinsey Early Access , BCG Unlock , and ExperienceBain ) are not open to all schools; hence, we can assume that the qualifying schools are also the Recruitment process is quite holistic for MBB. Also, a (close-to) completed MBA will significantly increase your leverage to secure a post-MBA roles + to OP, most people (rank of their ugrad notwithstanding) try to get work experience before MBA that can set them up well for MBA recruiting for the most interesting jobs in HF/AM/PE/tech product management/etc. Background: T10 MBA student, 28M with background in Investment Banking (Sales & Trading) looking to use my MBA to switch between 3 options - PE, IB M&A or MBB. , through Manager) and then either stay in consulting long-term or hop to industry corp strategy / PE ops, etc. , McKinsey London) Some don´t, and have a rolling application; Most of the info can be found online, but also makes sense to touch base with recruiting to clarify. We’re going to employ a similar approach to what we used for the investment banking target school list. Completely deliberate to throw me off my game. How is the consulting situation at the moment? Are MBB really planning to recruit or is it just some kind of PR announcement? FT roles with a start date in January 2025? I am genuinely asking (I did not do a consulting If you’re a 1st year MBA candidate, it means that you need to take internship recruiting really seriously this year - you may not get a chance to re-recruit next year. Failure to follow the outlined policies may negatively impact your employment brand on campus, as students often discuss their experience with their peers. What should I expect from a virtual coffee chat? Hire an MBA Employers have the opportunity to source talent from our pool of more than 1,000 MBA students. To compile our list of top MBA programs that excel in preparing students for careers in consulting, we analyze industry-wide data and the correlation between specific programs and placement in MBB firms (either using the schools’ own data and/or external data sources like LinkedIn) . It’s easy to see why they’re an attractive prospect: in their first year after an MBA, an MBB consultant can expect to take home more than $260,000 including bonuses and benefits, according to ManagementConsulted. targets for recruitment of incoming MBAs for its pre-MBA summer experience program. The only way to be hired through MBA recruiting (i. the best of the best at each of these campuses. ) One way to distinguish myself accordingly, I wonder, might be Q: I had two final rounds with MBBs through MBA recruiting on Friday. Lower attrition among existing MBB staff as fewer people look to switch jobs amid recession. I was elated to receive an offer in my city of choice (especially In addition, 4 graduates each went to Accenture and EY. I personally wouldn’t hire you just because you have a MBA Business schools rarely offer MBA specializations in Consulting—or even specialized MBAs in Consulting—however, some offer specializations in Strategy or Strategic Management. ADMIN MOD Recruiting for MBB . Full-time position at MBB (US office) without internships. Their dominance in MBB consulting is extremely impressive. However, there are a number of parties that have conducted surveys to assess the universities that have produced a significant Top Targets – Harvard and University of Pennsylvania have placed ~2x the amount of people into MBB than the following targets. If you go this route, I advise reading up on smaller offices and picking a city that you actually want to live in / have explainable connections to. McKinsey, Bain, BCG (MBB) Analysis. 45. investing)? Reply reply Fit_Warthog_5557 • It was crucial on two fronts: Screening criteria from the headhunter was MBB with top MBA The skill set of slide making and data analysis are crucial to succeed in my role. You can get in with a non-traditional background if you speak to the right people (anyone who’s involved in MBA recruitment and is willing to pass your name along) to get on the office’s radar. I was on the MBA recruiting team at a T2, and the invite list was like 75% people we felt strongly about, 15-20% maybes, and 5-10% unknowns (people who just started showing interest with strong resumes). MBB is not guaranteed post-MBA since it's interview reliant, but the MBA is the middleman that provides a way for you to network in to get the interview. It's not always easy but I urge others to keep the Harvard, Stanford and Wharton are hardly lost causes when it comes to McKinsey, Bain and BCG. We are actually tracking who reaches out to our consultants and sign up to coffee chats. What Makes MBB Special? The MBB firms have earned their level or respect and prestige in the consulting industry for a variety of reasons. (E. Cons: Not ivy. This could mean that Depends on if it's a full time program and what firms recruit from your school. Total compensation packages for MBA consultants at the Big Three consulting firms, also known as MBB, are substantially up, Learn about MBA programs, applying to them, and what life is like while in one and afterwards. As an MBA that has gone through recruiting, I would say that if your school is highly ranked then networking is less important than interviewing well. So which MBA programs are best for getting a job in the MBB firms? We’ve done the research I was admitted to three schools in the T15. I get paid more than my MBA peers do because of the specialization required to be a PM in that type of work. While there may be more MBB-quality candidates at an IIM-A versus one of the others, each of them does have their share of MBB-quality candidates. Dear Community, Columbia Business School offers a J-term MBA program, which goes without summer internships. Whether you’re an aspiring consultant or a current MBA student aiming for a spot at an MBB firm, navigating the recruitment landscape can be daunting. TLDR: Recruitment process is quite holistic for MBB. I am aware my school will have the Despite experiencing a global hiring slowdown in 2023, the MBA continues to be the most in-demand degree for consulting. This fall, thousands of new MBA students will arrive on campus, excited to begin the next phase of their lives. 21 votes, 13 comments. Out of the MBB firms, McKinsey has also historically hired the most Booth grads, with over 350 working at McKinsey in some capacity currently. GMAT MBB offices tend to align their recruitment schedule with the local target-schools’ calendars as well, which coincides with MBB annual business cycle. All in, I’ve interviewed full slates of candidates from 8 MBA campuses and been in many of our full US debriefs. E. ). If 100 people recruit for MBB, 7 get it, and 3 get tier 2, and 90 strike out, that report shows that 70% get MBB. I don't have great scores by any means and got interviews with both Bain and BCG. I'd expect to stay in consulting at least medium-term (i. In any case, the lists vary greatly in the choice of business schools. 41/10. MBB full time recruiting might be quite slim for Co’25. 6 hrs ago USA 0 Answers < 100 Views 0. Perhaps it’s more accurate to say that there are many reasons that make consultants at these 3 firms part of an elite club. The lesson is simple: business school adcoms admit applicants who appear to be primed for success. And the stated intent at my MBB pre-COVID was to hire close to 0 second-years, and instead do all our hiring for the intern class. Choosing to forgo an MBA is often a big decision that has a multitude of factors that comes along with it Hi there, I’m a Medical Doctor (previous surgeon in training) from the U. It'll become even more apparent when you see who gets offers and who don't. Master’s (non-MBA) students with ~3 years of work experience or less completing a 2-year program: Apply in the first year of your program. Many people get offers with zero networking or get rejected at firms after tons of networking. MBB usually doesn't recruit much from T20s and it's mostly diversity candidates. Relative to firm size, BCG has fewest The MBB consulting firms—McKinsey, Bain, and BCG—are major recruiters of MBA grads. There's definitely a coinflippy nature to MBB recruiting. MBA Summer intern with no return offer from MBB. They target the 'cream of the cream' a. We’ll. ADMIN MOD MY MBB Recruiting Cycle Summary - AMA . During that recruiting season (often during early Fall-early Winter for North American and European offices ), MBB firms will organize events and send personnel to target schools to interview their candidates. This could mean that Most people that secured MBB at my program had 40+ knocked out before their interviews, which can be difficult to reach given the hectic timeline during the Fall. Hope it helps! MBA Students and Alumni. of holidays. The decline of IB as a coveted career among MBA's. I honestly think that the whole 'gaming' the office MBB consulting became a powerful asset in the MBA application pool only after MBB consultants became a force in the boardroom. After the MBA, go back to MBB as part of the deal, and push for a change to the US. I'm still waiting to hear back. Strategieberatungen wie McKinsey, BCG und Bain arbeiten häufig direkt I have been invited to interview for the INSEAD 24D MBA cohort. MBA Recruiting - MBB intern class size, based on current or projected economy? Does MBB base their intern class hiring targets on projections 2 years out, or on the current state of the economy? Basing it on projections would make sense, so they can cover their needs with returning interns 2 years after recruiting them. Members Online • agirlhastoomanynames. on Oct 25, 2024 Global I'll say that quite a few people who don't like the typical type A MBA got MBB offers, while plenty of people who run marathons/triathlons/bodybuild didn't. In terms of career progression, it helps to have some kind of pre-MBA experience in a Top Three or other high-profile consulting firm. de Kundenservice The prestige of these companies has given them their own acronym within the industry – the MBB. (T2 -> MBB) some industry jobs / start ups have off cycle recruting so you could get an offer from such employers when times were good. Social. (b) It suggests that the more touchpoints the better. The recruitment outlook for MBA students aiming to join either McKinsey, Bain, or Boston Consulting Group — the elite MBB firms — is becoming increasingly uncertain. Expect working for an average of 14 McKinsey and BCG both allow MBA students to apply to specific practices (strat & corporate finance, digital, marketing & sales etc. Tech and marketing mostly do recruiting in I don't think M7 to T15 gap is that big for MBB recruiting. In the past we have actually discounted applications from MBB interviews are largely a function of luck. T2 exits have not been to leading firms or to roles I’d want. IB is also non-existent but that's true in even good years. If less-than-optimal outcome in consulting recruiting / industry exit, I could end up $300-$400k behind my current wealth trajectory. With respect to experience/learning for non PM roles, does MBB always provide experience/learning that is valuable to tech companies? I would imagine someone who worked on A recruiter has reached out to me and I'm stumbling at the first step. The people who are good stick out immediately - and will get an MBB offer in some form the overwhelming majority of the time. On paper is strong (770, 3. The percentage joining MBB firms reflects the school’s standing in the consulting industry. MBA Career Management offers a full menu of recruiting services for employers. Light. Bain hired 34 in 2021 Did you try recruiting directly into PE Ops? What about your colleagues - are they from consulting backgrounds? Any less conventional backgrounds (i. Bain & Company—otherwise known collectively as the “MBB firms,” However, in operations consulting or technology consulting. It's probably a factor but I doubt it's a major one. Both the Boston Consulting Group and Bain & Co. MBA Recruiting Guidelines and Policies. But which business schools do they recruit from the most? Do consulting employers, like MBB, find it harder to recruit talent? What consulting firm is known for the best and worst work/life balance? What are pre and post-MBA positions This shift is driving universities to adapt to international standards and provide a comprehensive range of services beyond academics, including career development, recruitment, and Wer sich für die Kanzlei Wittmann & Kollegen Rechtsanwälte PartG mbB entscheidet, begegnet erfahrenen Juristen. Looking quickly at the raw numbers, Deloitte is the only Big 4 with over 200 Harvard grads, whereas BCG, Bain, and McKinsey have 350, 229, and 451 respectively. I’m not sure about the bb firms in mbb but for McKinsey seems like every partner you interview with has to give you the “thumbs up”. When you’re ready, look How is MBA summer internship recruiting looking like for summer 2025? For MBB, students matriculating in September 24 will be interviewing for summer 25 internships next summer. ~4. When considering consulting summer internships, adhere to these general guidelines based on your current education level: Undergraduate students: Apply during your sophomore and junior years. Tuck is Candidate Types and Their Recruiting Periods in Consulting. Probably a fair question I think many may be interested in. An anecdote to the contrary: I run the MBA recruiting for my MBB office. EY: 146, PwC: 115, and EY 54. Log In / Sign Up; Advertise I'll say that quite a few people who don't like the typical type A MBA got MBB offers, while plenty of people who run marathons/triathlons/bodybuild didn't. Hiring will be For this reason, we’ve put together a guide to help you stand out during your McKinsey & Company, Boston Consulting Group, and Bain & Company (MBB) consulting recruiting. The reason it might be more revered at Pepsi is because there isn’t deep, technical knowledge that is industry Didn’t interview for mbb but my classmates have. There’s a reason why McKinsey, Bain, and BCG are the top dogs in the management consulting industry. demonstrating the diversity in recruitment of MBB firms. All this means more people than usual competing for fewer seats at MBB. has the smallest target list of favored business schools. Toggle navigation. I have a B4 Recruiters have described our Vanderbilt MBA students as confident but humble, eager-to-learn team players, and creative thinkers. T2 re-recruiting is very slim as well, with several firms canceling recruiting and others interviewing only a handful. I am hoping to recruit into MBB. Current MBB demographics include highest % outside of ivy. those recruiting for/landed an MBB, T2 consulting offer from the class of ‘25 and ‘24, what’s your background . Targets – There is a crop of elite schools (and somehow UC Berkeley slid in here) that solidly place into MBB every year. If it’s not different for experienced hired they’ll call you within a day or two. Prior experience at BB IB, boutique strategy consultancy, and tech consulting. As a refresher, each candidate group recruits: Experienced hires : MBB summer internship recruiting just wrapped up at several schools. You can get in with a non-traditional background if you speak to the right people (anyone who’s involved in MBA recruitment and is Historically, at most target MBA programs, 2 things are true: Total interview slots directionally follows firm size: McK most, BCG next, Bain fewest. MBB and IB don’t require any particular work experience before MBA and so recruit people looking to reset after squandering a few years MBA recruiting is usually done on-campus. GRE 304 ( diagnostic test from ets) , GPA 7. Early-Career Candidates (Undergraduate/MS): June – October. . Zielführende Beratung und If you had premier access to a MBB recruiter for 30 minutes, what questions would you ask as you started your MBA program? Die Göbel & Partner mbB - Steuerberater und Wirtschaftsprüfer, sucht für einen Mandanten eine erfahrene Fachkraft (m/w/d) in der Buchhaltung. Feeling so disheartened. The biggest gainers in this list of the most desirable consulting recruiters for MBA Alumni has been the Parthenon Group, going up from 10th place in 2017 to sharing the 7th place spot with Accenture and Roland Berger, although its parent company, EY, has not made it to the Top-10 since 2016, when it made just about made 6 consulting recruiting trends for 2024 you need to know! This means MBA hiring will be at a similar level compared to 2023, especially for full-time hiring - full-time MBA roles for 2nd years will be hard to come by this year. Long sighted view, I know the MBA is a long-term investment and maybe things will be better by next Fall for FT recruiting, if not (who knows) then I move on, do other things and know I'll land somewhere that with hard work and strong networking (a lifetime effort) that'll make it worth it. Good news – you heard from a recruiter at Bain! Also . Would my past career as a doctor help (unique, kind of?) in 1)recruiting for MBB and 2) exits from MBB later down the line to health care focussed VC/healthcare focussed PE? Or is that a bit of a pipe dream? Because it's one of the biggest catch-22 careers post-MBA. In fact, a diverse range of disciplines is represented among the remaining students. In the past we have actually discounted applications from And some groups that only hire out of MBB (I think Google strategy is one) do have higher payscales than the strategy and ops groups that recruit at MBA programs. For background - I'm from a startup background and definitely don't feel like I have the polish (yet) for MBB. MBB salaries are globally equalized. MBB also does recruit JDs FYI < Mba Jobs; MBB Consulting | What’s It Like Working At McKinsey, Bain And BCG? MBB Consulting | What’s It Like Working At McKinsey, Bain And BCG? Joining one of the MBB consulting firms is a desirable career path for many business school students ©PeopleImages / iStock. Leverage your school for this, makes things so much easier. Most MBA programs also feature relevant classes in their core offerings. They’re still aiming for as many offers as possible but it seems that number is now a bit more in flux than in the past We’ve set up tried-and-tested policies and guidelines to create a smooth recruiting process for you and our students. Three years ago, I chose to decline my B4 Consulting internship (that I enjoyed) to re-recruit for MBB because of posts that I read on this sub and r/consulting. From there, it's up to you to go get As someone who just went through MBB recruiting and had numerous touchpoints with all 3 firms, I have observed that Bain is noticeably different from the other two. Reply reply satansbro08 • I just finished recruiting for one of McK Bos/DC/LA. I prefer doing a part time MBA as it would provide a much better/faster ROI, as long HBS is no longer an almost-sure guarantee into MBB consulting. We received the email notifying us about the different deadlines for FT roles at MBB. Harvard | Ms. Agree with the bit about dialing up coffee chats when you’re ready. As you'd expect, that path is much more difficult. Most people on this sub understandably (but not entirely correctly) think all Although it is an MBB target school, I've met vanishingly few alums at these firms, and I'm concerned this might be a stumbling block, whether at the consulting firm or later on. I myself accepted an offer at a firm I didn’t network with at all (non-MBB) and have been rejected at firms I networked heavily at. Overall, US is seen as better WLB when on a project, but worse in terms of things like nr. So if you don’t hear back soon, probably back news. Firms recruit largely on-campus, with some firms like Clareo Consulting Group (which seeks entrepreneurial candidates for their innovation consulting practice) and Huron Consulting (which takes a special interest in candidates with life sciences backgrounds) taking a specialized approach, and others (especially MBB) simply seeking “best athletes” that perform These are the 28 business schools that Bain & Co. Moving from GMAT-style timed tests to SIMS-style games (simulated video game experience) Utilized most often at MBB as pre-interview screen Hiring process for people with advanced professional degrees such as MD typically follow the experienced hire / MBA recruiting track (on avg including 3-5 rounds of 1h interviews) and join as Mid-level position (e. Internationals harder across the board, tough for white/asian males in IB, URM has its own recruiting process for almost all industries, some industries have separate processes for women as well etc. (I will be doing consulting this summer for a non-MBB company) My question is: Does office location matter for MBB? I would like to get into PE eventually in an operating capacity and wonder if I have to recruit for the NY office But the number of touchpoints is not necessarily the driver of this. That's all on the firm. e. Applications though are reviewed only after the deadline closes - there's no advantage to applying earlier before a particular deadline, but Hey man, In a similar boat. A caveat - I know some schools allow part-time MBAs to join on-campus recruiting. However, you still must network to actually get a chance to interview, whereas full-time MBA programs will bring those employers to you. In my MBB, WLB varies greatly between offices. As a proxy, if your CCs with second years are going well and you think you’ve hit your stride, that’s the right time to start connecting more aggressively with Conclusion. (In the two pre-MBA MBB recruiting programs I attended, I was one of just two people going to my school. I’d argue MBB probably have the best HR machine out there. Above all, the best MBAs for Learn about MBA programs, Careers/Post Grad I could only find a few opinions about Kearney here (mainly MBB and some other firms). In this article, we Maximizing Your Chances for a Management Consulting Career: Insights into MBB Recruiting February 3 2024 By The MBA Exchange. Tuck is It depends on the firm, but that’s generally misleading guidance. I'm a first year MBA student at a target school who may be re-recruiting for MBB full-time positions in the fall. You should feel good about your outcome and your MBA, good luck bro Reply reply more replies More replies More replies More replies More replies. Going through the recruiting process from my M7, the vast majority of individuals that got into MBB only got into one of the three MBBs. History, prestige, and expertise are a few of the elements that make MBB the most sought after management consulting firms for McKinsey offices and practices around the globe are seeking to recruit outstanding individuals. The MBA program at my school is great for MBB and econ consulting recruiting, but I assume im not allowed to recruit through their pipelines. Additionally, MBB firms will now have the ability to be more selective as to who they hire. As someone I was admitted to three schools in the T15. 9) but demographics + likely average story. For early-career candidates, the primary recruiting season occurs between June and October. There’s a number of websites that will match you with other individuals prepping for consulting for interview prep. Some people can recruit if they had MBB / T2 Strat or BB/EB/topMM IB experience, some luck out with smaller firms and some people luck out with pivoting from banking post-MBA (not a common path) but overall most post-MBA PE Consider an MBA or advanced degree: While an MBA is not necessary for consulting roles at MBB firms, it can provide valuable business knowledge and skills. Here is what you should be prepared for in this year's consulting recruiting cycle: Digital Assessments. A higher percentage suggests that the school is a preferred choice for MBB recruiters, indicating strong academic and professional preparation. I'm a 1Y at M7. I actually made it to final rounds for all the MBB + Booz last year for summer internships and got one offer but decided to work in a industry role instead. Secured an interview Will I get valuable work experience if I'll get the internship offer (and maybe recruit full-time somewhere else), or will it be seen negatively by OP, most people (rank of their ugrad notwithstanding) try to get work experience before MBA that can set them up well for MBA recruiting for the most interesting jobs in HF/AM/PE/tech product management/etc. Our evening events are perfect for connecting with both intern and full-time talent. they want you to take an online assessment. MBA hire . But why would you ever want to do MBB? If you love your job, have enough time to do PT, and make 200kwhy do this to yourself? Junior at MBB nearing the point where I'd have to decide on applying to an MBA vs. Larger MBA class sizes in 2024 and 2025 as enrollment always increases during recessions. I went to one M7, was heavily involved with recruiting there and at another for 3 years. Fertilizer Financier. Wondering what the culture is like at the MBB consulting firms? Is it possible for me to still recruit into strategy consulting at MBB 3+ years out of my MBA? I am at a good tech company as a PMM with an M7 degree, but I was told by my MBB friends it'd be nearly impossible for me to join them because of how structured MBB recruiting is. staying at my firm and continuing to progress. For my industry, the most desirable/successful exits are from MBB. One To increase their hit rate and improve efficiency in recruiting as well as to win the war on talent against their peers, they are focusing their recruiting efforts on a select few MBA graduates find consulting jobs at McKinsey, Bain and BCG. 1. I know people One of the core parts of the consulting recruiting process is the case interview. MBB MBA Recruiting. Engineering + Extracurriculars. My post-MBA goal is consulting at UK, Middle East, Stockholm or Germany. The following policies will help you have a more successful recruiting experience. But I wouldn't toss out Booth simply because of the sheer number they send to interview every year. Application deadlines at MBB (McKinsey, BCG, Bain) Firm: Role: Application Deadline: Bain: Associate Consultant: July 7 & Sept 8, 2024: Bain: Associate Consultant Intern: Looking for clarity in McKinsey's MBA internship recruiting process? Look no further. The way I see it, everyone is on the same page once admitted. Since you have no professional work experience prior to MBA, I don’t know how feasible it is to get a manager role at a FAANG straight out of school to be honest. 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