Consulting

I feel like Bain is moving futher away from MBB. I find BCG very similar to the Firm but Bain feels like a different animal now. Time for KPMG to step up? I love to be proven wrong because I like MBB

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Haha every year the same tune. What is relatively recent and true is that BCG has been trying extremely hard to be more like the “The Firm”, as you put it. You’re right in that the differentiation between the two is increasingly less clear. Bain has always been different, and that has always been intentional. Copying what you folks are doing <> a good strategy. We’ll keep working on what we’ve been good at for nearly 50 years, and presumably McK will keep doing what it’s been good at for nearly 100(?). BCG is playing a curious game, will be interesting to see how it pans out.

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likefunnyuplifting
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You’re right BCG2, there is plenty room and the space keeps growing. Seems like things are healthy all-round friend!

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The analysis is more or less that Bain have fatally fallen behind the green and blue teams due to the lack of investment into global expansion. While they’ll still hold on in the US and in certain practice areas, the global competition is now more between McK and BCG, and that these two will have better scale in building competencies and portfolios. From the numbers, the current rush in analytics/digital might accelerate the gaps as McK and BCG has gone further ahead than red team with renewing their service offerings, helped by a significantly stronger presence in some global digital hotspots

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Strategic decisions to fall behind

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McK - Maybe you don’t know how this works, but typically MBB doesn’t pick on MBB in this forum.

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They think we don’t get that!

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Everyone whenever you get firm surveys, please always complain comp is too low. That way when you get raises we match, when we get raises you do etc. and everyone makes more

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likefunnysmart
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Ah the consulting cartel ...

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FYI, KPMG part is pure joke like Deloitte and Harvard.

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likefunnyupliftingsmart
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C Ed occc C I ref imo p p lab kko p

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Ill believe BCG is like “The Firm”, when BCG starts pushing opioids to vulnerable communities and helping dictators identify journalist to murder. Until then, offerings are not the same.

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Seems like at least one consultant was aware of the plan to counter mothers whose children had overdosed. Did McK recommend it, I’d hope not. Were they aware and didn’t view it as a disqualifying business choice by Purdue...yes. We can argue about who all our firms should and shouldn’t work for, and we should, but that discussion should include an acknowledgment of the facts* *If the NYT is lying...you all should sue. This chapter of McK’s business is a blight on its reputation (both to the public and to potential recruits).

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Anecdotally, I’ve heard that for cross offers that we lose out on, we lose more to Bain than BCG (at least at the BA/AC level out of undergrad). Probably because as @B2 mentioned, they intentionally differentiate themselves in a few ways (PEG rotation, local staffing, etc)...so at least from a recruiting perspective, not clear that they are falling behind at all

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Obv it’s the frat boys

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My sources at Bain say they don’t see scale as an end in itself...for better or for worse... because the strategy side of the industry has def consolidated over last 10 years. Marakon, Monitor, Booz, Oc&c in some European markets, Roland Berger were in trouble...

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Speaking purely from an economical perspective, would FAANG or MBB offer more $$ coming out of an MBA program? What about after 10-15 yrs?

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Many 🐠 seem to want Boutique < Big 4 < MBB < PE/VC/FANG ... But what do you actually want to DO with your life?

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How do you attract and retain mid-level talent when industry / FAANG pay so much more than MBB?

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Currently at MBB (post mba) with an offer in FAANG in fin ops (170k) and in a PE backed company (210k) in their transformation office. Which to take? What kind of exits are there in transformation?

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What is the average pay gap between B4 and MBB, level for level?

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What types of roles do MBB pre-MBAs apply for at FAANG?

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What’s that salary website that members post here on occasion for more accurate salary data from companies like FAANG Mbb big 4 and IB? Not glassdoor, not paysa, payscale, it’s not as well known

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Has anyone here transfered from US/Canada to same MBB/BIG4 in Asia? I would be particularly interested in doing so for the Singapore Office for a 1-2 years. How was your tranfer experience?

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I’m a relatively new college hire and recently brushed up my LinkedIn. I started having several headhunters reaching out about different opportunities. It seems like they usually don’t name the actual firm they’re working for or much other relevant detail. I guess it’s because the headhunters are an independent staffing firm? Anyways, any recommendations on how seriously I should take these type of messages or whether to get on the phone with them just to check it out? Could be MBB I guess lol

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Federal MBB🐠, were you given the opportunity to work any commercial projects your 1st year with the firm (if desired)? Had a final round years ago but friend advised me to stop the process given passion was retail. At the time switching practices was unheard of, have the times changed? Bridges never burned, debating re-kindle conversations...

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Are MBB "better" than Big 4/ACN/& other firms? If so, why do (you) think so?

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What hard skills you need to do great at MBB? TIA fam

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For dev/engineers, is it easier to exit to MBB or FAANG?

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Are interviews for Corp Strat/bizops at FAANG harder or easier than interviews for MBB?

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What’s the rationale of people who move from FAANG, MBB or MSFT to small companies?

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You (Big 4) versus the guy she tells you not to worry about (MBB) 🙊

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On getting into FAANG. For those who made the switch, what are the typical roles from, say, MBB? How did you go about it? What's needed on the resume if I'm planning 12 months out? Lvl and pay?

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How easy is it to lateral from Deloitte human capital to MBB or a strategy firm? Seems like having a heavy HR focus may not have a lot of transferable skills. Don’t want to get stuck in HR forever.

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Dilemma Here: I want to get into Tech MC but don’t think I have the right educational background but if do go get it then I’m not shooting for Tech MC at this firm and will either go for MBB or FAANG

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Any Big 4 or MBB Healthcare (Provider) folks here and care to share their experiences (e.g., recruiting, hiring process, length / types of engagements etc.)?

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Additional Posts

Big4 Tampa - how is the culture like in offices there and what kind of work do you do (tax Service line)? Thanks 🙏

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yo philly, anyone hiring for strategy? 12 year nyc agency vet looking to return to the motherland.

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Creatives from LA/NY/SF, how well have you done at retaining (or increasing) your salary level when moving to cheaper cities like Portland/Austin/Dallas/KC?

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I’m so burnt out right now. Just worked through the holiday weekend and my chest is tight thinking about the tasks piling up for this week. Why can’t I magically just care less like others seem to do?

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Anybody own a Marriott timeshare? Attended a presentation today and was wondering if it makes sense for people like us who have a lot of points.. which will run out eventually..

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Is $95k for a Sr CW role in Denver with kids manageable? I’ve heard Denver is expensive (obviously looking to live outside of Denver but also thinking of childcare & activities). Thanks for any help!

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Planning to move to Canada, can anyone help with references at MBB @Toronto, couldn’t find much leads through LinkedIn

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Thoughts on creating unions within our industry to fight a host of pay problems?

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Anyone from Toronto? What was your first year senior salary?

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Yo, can y’all please stop applying to all Sr Product Manager or Sr Program Manager roles at Amazon? I am not getting any calls. Time for team to take one for me.

likefunnysmart
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Anyone use Prezi? Feedback?

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Deloitte bans travel and EY is still sending out half assed recommendations, ie. only travel if client critical 🤕

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Anyone know who the head of production is at Translation?

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How long after an interview did you offers come in?

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Does anyone have diversity benchmarks they can share?

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On a regulatory project and really hate my work. Very confused about what my next steps are. Any thoughts and advice?

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Anyone use prep lounge for interview prep? Any insights ?

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Let's start an advertising agency union.

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I know some of y'all love baking bread and seeing your kids, but many of us don't have (or want) families and need the office and travel experience to be happy and healthy. Is it really worth destroying our careers, eroding our pay, reducing our prestige and impacting our mental health?

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