What are the main differences between PIPE-(BCG) and PEG (Bain)? Can I roughly say that they cover the same type of clients and project type?

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Have worked at both - clients and project types are equivalent. Bain is larger and the incumbent at most funds. BCG is the challenger and has taken more share than Bain wants to admit. Stylistically Bain is more process driven while BCG leverages their deeper industry expertise more frequently.

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Great reminder - there are also differences within the cultures.

Every Bainie will tell you how AWESOME Bain’s culture is. This culture is a product of an “institutional gaslighting” as one former Bain colleague put it. They consistently reinforce why Bain is better in every way than McKinsey or BCG. Bain struggles to acknowledge the strengths of McKinsey and BCG because it challenges their identity. It’s easier to identify as “Bain is the best” vs “Third largest MBB.”

On the flip side, BCG is the angsty intellectual. The answer always depends and must be deaveraged. Things tend to get over complicated and over analyzed.

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PEG is just better

PEG>>PEPI>>PIPE

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A1, guess three times

Peg is larger

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PEG is bigger and better

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