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My average is also around 60. Obviously there are exceptions for DDs or during certain phases. For me, I feel appreciated as a person; more than just a cog, which makes a big difference. I also don't feel like it is competitive/cut throat at all. Not having utilization as a metric may make a difference.
If I combined the best aspect of every job I've ever had, it wouldn't equal my experience at BCG. The hours are long but I'm willing to put in the time on interesting problems and strong personal growth.
They're too busy working to complain
60-65 is about right here too (always depending on cases of course). Cases duration is about the same as what BCG1 says, shortest ones are maybe a month (diligences don't count), and long ones maybe 5-6. You can be at the same client for a year though, across different projects. There's absolutely no competition, there's no defined number of promotion spots, and being on the beach has no impact on compensation or performance. As for not complaining... let's face it the lifestyle doesn't work for everyone. You kind of knew what you were getting into though, and instead of complaining on FB we tend to just talk to colleagues and look for exits.
I think it depends. Mine have been about 60 hours a week.
~60 a week for the most part with 2-3 studies in a year clocking 90-100 (with weekends).
And length of case depends. I've done a few very short cases ( 2-4 weeks), a couple long cases (6 months), but on average around 3-4.
Performance evaluation is based on case performance, overall and on specific sub attributes. I assume there is a high correlation between overall case performance and time spent on bench, so it is a somewhat redundant metric.
We have an open market based system as well but unlike BCG (my gf works there) ours is more global. I've never had trouble being staffed in 5 years here and when I did have trouble getting staffed it was by design so I could have beach time during the holidays or summer. Your #1 dream study usually won't be assigned to you, so networking is encouraged but not required at all
Yep, spent a long time at MBB firm. Junior folks are appreciated, there aren't any BS metrics being micromanaged, BUT, hard edged up or out means that if you are not advancing quickly toward partner election, you're gone. No games, but nowhere to hide from the evaluation system. But the evaluation system is as excellent as one can be, so it keeps politics and BS to a minimum.
I met a Wharton MBA who is going to start at McKinsey soon. She said she gets to decide her level of productivity. She's choosing to be 80%.
60 average... sounds like a dream
Also, OP, if 90% of your problems are related to competitive culture, bad management and what not, then consulting at MBB will have 85% less pain points (there's always the odd exception!). Lifestyle tends to become more important as you get older, but if this job was 40h/week, I would consider it one of the best jobs in the world.
60-65
Curious - what made you jump to AT?
Damn. 60 hours a week? Where do I sign? :(
McK is pretty global. I have spent about 50% of my time working in the EU and I am based out of the west coast. I got on an north American project for an EU base partner, did well and he has asked me to do a bunch of other work with him. Now I have relationships with other EU based partners and work on their projects too.
I would say that the limits on the global staffing model come more from the junior folks that don't want to travel that much and language barriers.
Productivity is the wrong word for it. We have a program where you work 80% for 80% pay. But that translates in 20% time off, as in vacation, not you work 20% fewer hours the weeks you work. That is the most common program at the firm. There is a part time program but it doesn't really work well and I don't know anyone on it.
Thanks M1&2! How long is each case typically? Is it super competitive to move up?
Thanks all! Very helpful. The key pain points (90% of the complaining perhaps?) is from big 4 are measured, management, and the cut throat competition. Travel and the lifestyle seems more secondary (at least to people my age). I'm wasn't considering consulting as much of an option post MBA but now I think I might consider MBB come recruiting season. Thanks again!