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Bain & Company Hello, I received an offer as a Senior Practice Manager at Bain. The profit sharing range is 0-12% in the offer letter. Is it typical to receive the midpoint (6%)? Also, what do the annual salary increases typically look like? Any insights are much appreciated. Bain & Company Boston Consulting Group McKinsey & Company
McKinsey & Company Hi everyone. Hope all is well.
Recently took the McKinsey & Company game (not sure if I have an interview yet but preparing nonetheless). It’s an entry level business analyst position and an entry level digital position and was wondering if anyone wanted to case prep with me. I’m willing to work on anyones time zone. (I’m located in Sydney, Australia).
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Which office? And what role / practice? Cultural differences between MBB are kinda BS to be honest but depending on what sector / geo you are in I can tell you a bit more about the McK side.
NYO is a huge office - nothing specific there. And industry could be pretty much anything. Coming from Accenture I wouldn’t be surprised if you go cross-sector as part of one of our tech service lines. If you are having a follow-up call with your McK contacts, ask them what types of studies someone with your background might work on and which service lines might make a good “home”.
Mck has slightly stronger brand and much stronger alumni exit culture. If job security your priority - go McK; most likely they’ll take care of you even in CLT situation; but I’d say odds are you’ll be employed at each firm at least 18 months prior to any transition discussion, and most likely you’ll get to PL/EM ( based on empirical evidence)
Join BCG. McKinsey is not the same place as it used to be
Also to add, BCG came before Mck and once I let them know, Mck offered to meet with me next week at the office to "help solidify the decision". However, I'm not sure if they negotiate at all so I'm not sure monetarily if there will be any difference
Would not advise comp talk - not part of culture; if 5% matters, BCG is prob best for you (no shade in this comment)
You could look at site and ask to get introduced to interesting Senior Partners to help solidify
Everyone will be biased for their own firm - you can’t go wrong w. NYO or dumbo/hudson yards
Imagine you only have 1 year to work at either and must leave after - which are you more curious to try?
And solve for the Partners / people you met
Been at both. Recommend McK over BCG. Just overall insecurity is less at McK.