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Please suggest me which one is best?? Feb 8th is my LWD.
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FAR, what a pain..that’s all
Can someone refer me to MS?
Thanks in advance🤗
Additional Posts in All Things MBB
Anyone want to run Bain-style cases with me?
Bain & Company Is it truly easier to get in a smaller MBB office?
Have heard a lot for different opinions on these. The logic is that it’s easier because there is a lot of supply in cities like NY, Chicago and SF, but the counter argument is that the offices with less supply are also way smaller and have a lot less demand.
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McKinsey & Company Bain & Company Boston Consulting Group
How is performance measured at MBB?
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Coach
Nah everyone else does it without needing a little personal mnemonic. Just keep lookin for true north, that’s where the answer first lies.
It's literally the scientific method, not something new
Not to geek out here, but based on the philosophy of Sir Francis Bacon, the creator of the scientific method, no hypothesis can ever be proven correct. We can only prove things wrong. If a hypothesis survives many attempts to be proven wrong, it becomes stronger.
When we make predictions based on the hypothesis (e.g., the apple will hit the ground at a speed dictated by f = m * a) and our experiments agree with our predictions, we haven't proved the hypothesis, we just failed to kill it (if the results don't match the predictions, then the hypothesis is wrong).
Mentor
ATFQ
Mentor
Yes, we are obsessive about this - always have a hypothesis (ie, this market is worth entering) and you essentially solve against the hypothesis with a defined amount of confidence. Certain times we will prove within 90% confidence, other times we need 95%, etc.
Coach
You are absolutely kidding yourself if you think any determination in consulting can be made with 90% confidence (forget 95%).
Coach
"MBB Experience" 🙄
Mentor
That’s consulting thing, not a Bain only thing
I don’t remember it being said explicitly during my time at BCG. You just structure stuff and do what PLs/Partners/MDPs/clients ask for
Yes, training emphasized this, however, never seen it applied to actual work and I remember being confused about it
every firm has some permutation of the same. at McK it was having a 'Day 1 answer'. the formats usually the same - leverage firm expertise to generate top-down hypotheses and break down what data points are needed to prove it true or false.