Why is Bain so conservative in lateral hires compared to BCG and McK? I have a few friends with PhDs or 7+ YOE and they still come in as Associate Consultant. Sample size = 5 in all US, Europe, and Asia markets.

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Historically it was because we wanted to preserve the culture. We also have more of a pyramid structure than BCG or McK so didn’t see the value of as many laterals

But PhDs should never have come in as ACs, now or in the past. That’s always been at the C level. Are you sure your friends had that much experience and came in as AC1s?

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Weird… I have a PhD and was hired as a C at Bain (granted I went through the advanced degree hire route).

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PhD’s without managerial experience are absolutely not coming in at Engagement Manager level here either. I personally know a PhD grad and she came here as an associate. McKinsey very very sparingly hires directly above associate level - being an EM is hella tough

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PhDs should come in as Consultants here. We have an advanced degree pipeline for that.

Historically this was less developed so it may have been more ad hoc, but that’s not the case anymore

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PhDs also come in ASC level at McK (which is a level above BA)

PhDs come in as Advanced Degree Consultants (C1) here

Bain ADC recruiting is still not well developed, or if it is, it still cares too much about target program and not enough about diverse experiences. I have a STEM PhD from a non target and 5 yoe at a top healthcare organization, managed to get a referral from a recruiting lead at Bain albeit from a different country and still didn't even get an interview with Bain. Got interviews and offers from BCG and McK as well as T2s and boutiques. My conclusion is that my background is too non traditional for Bain and they still don't have a good idea how to hire and integrate talent that is not from a target undergrad or grad program.

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