{ "media_type": "text", "post_content": "Its MBB work really that different from the rest of the consultancies? Outside of the branding and the pay that is?", "post_id": "5cbfa36db3dd91001b737212", "reply_count": 41, "vote_count": 6, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Its MBB work really that different from the rest of the consultancies? Outside of the branding and the pay that is?

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If it was the same we couldn’t command the premium we did... the corporate world isn’t that irrational... in situations where I’ve been head to head against a B4 player we’ve typically had much better C-suite access and been trusted more to deliver on high priority programs. There are some things we don’t do (or don’t do well) like global business services implementations and IT implementation work but on most things we go head to head I’d bet on BCG every time

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I think quality of talent is higher at MBB, but if I have a big project and I’m a client, isn’t it a bit like elective surgery or hiring a lawyer? You want a person with a good reputation and a lot of expertise in that area. If I were the client (maybe clients don’t think like this), I would look at the partners who run that area. Sure, firm reputation matters, but if I’m choosing between, say, Bain and ACN for a project and the top partner in the world in the area that I need works at ACN, am I really gonna think “Oh, but it’s not MBB, I should spend more money for less proven experience” No. But if I’m a client and I used to work at Bain before going to industry... I might 🤪

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One client described it to me this way - if we want something done which will work, but will not be ground-breaking they will call us. If they want something visionary / revolutionary that has like 20% chance of working, but if it will the impact will be tremendous, then they call Big3. Clients words, not mine.

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Zs- to be fair I'm sure we all have clients that hate our firms to that level lol

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Cmon guys... if the work is basically the same, why would the clients pay 5x the fees? Don’t you think they’d notice? I think the question worth asking is: “Is the difference of work at MBB worth the higher fees?”

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Yea i was curious about an undergrad BA, not mba grad. Even at Deloitte, MBA sr con avg bill rates were around 400 so....

It’s all the same. The branding is more for campus than clients, who just don’t care in most cases

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I agree. Used to work at Deloitte. The BCG travel policy is really nice (for now).

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The quality of talent is significantly different at MBB vs Big 4.

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When you look at yield, MBB vs any other non MBB consulting firm will lose 99.99999999999% of the time. But, the talent overall I have found is different in quality and work ethic

I think that the way strategy firms operate also makes a difference in some cases. It’s more common that partners or high up principals (directors, etc) will be on the ground regularly while that’s less common for big4 in my experience.

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It really just depends on who has the best relationship with the CEO, CFO, or COO for the high profile stuff. That said, that’s a tiny portion of the actual market for consulting dollars. The rest of what we all do is going to be competitively bid, but highly influenced by existing relationships. The “brand” is a pretty weak indicator of success in the vast majority of consulting dollars

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If you already work 70 hours a week maybe not. I do 45 max at D so it would probably be different for me.

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I recently took over a project at my client from an MBB team. Very unimpressed with the quality of work and lack of testing. Not sure why the client wasted their money on MBB

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Don’t care where he is triggered

What are examples of projects you guys do at MBB? In digital strategy, is it mostly capability assessments?

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I feel as though the big 4 have so much administrative stuff to take care of cause we have the accounting arms, do MBB or boutique consulting firms have to worry about as many e-learnings & shit?

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Does the MBB clout still hold weight after you’ve left the firm for a year or two in finding a job? (Only 1 year at BCG post MBA)

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For those in more “elite” big four groups (S&, Parthenon, etc.) - how do you feel about big four culture? Was it a preference over MBB when recruiting?

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