Is BCG Better Than Bain?

Is it hard to get into BCG?

Management consulting firms such as McKinsey, BCG and Bain are notoriously difficult to get into.

A lot of applicants think case interviews will be the hardest part of their consulting applications.

But the most competitive step is probably to be SELECTED for interviews in the first place..

What makes McKinsey different from other consulting firms?

McKinsey colleagues are incredibly collaborative and go out of their way to help each other. Despite the competitive nature of the application process to get into McKinsey, the culture inside the Firm is the opposite. You genuinely feel that colleagues are there to support each other and collaborate rather than compete …

Is McKinsey better than BCG?

BCG has a more analytical focus, McKinsey is more focused on structure and story. At both firms, I felt that that the quality of the work was incredibly high. However, there is a dramatic difference in what people focus on in the day to day work.

What is the difference between BCG Bain and McKinsey?

In head to head recruiting, Bain often beats out BCG because of culture but loses to McKinsey based on prestige or brand-name. In terms of staffing, you’ll find that Bain is more analyst heavy than both McKinsey and BCG. … In contrast, a team from Bain will have 2 analysts and fewer people who are more senior.

What is unique about BCG?

BCG is an incredibly diverse place. It’s recruitment process pays no attention to race, gender or ethnicity. Earning a place at the firm is about past achievements, current competence, and interview performance on case studies.

Is McKinsey Big 4?

McKinsey vs BCG vs Bain vs Big 4 (Deloitte, EY, KPMG, PwC): Differences & similarities. McKinsey, BCG, and Bain (MBB) are very different companies. … All three are equally prestigious management and strategy consulting companies with global standards and integrated approaches to solving their clients’ issues.

Is it hard to get a job at Bain?

Probably the toughest part of the application process is passing the initial screening process. As an example, a large Bain office would receive around 3000 applications and narrow it down to about 100 for the first interview. So you would have to be at the top 3% to even get the interview.

What is special about Bain?

Bain is full of flexibility and fun! The Bain culture is also known for its high energy and focus on working hard, whilst also enjoying the ride. Team events, social occasions, office parties and getaways are part of the Bain experience and allow colleagues to connect, build relationships, and have fun.

How many people does McKinsey hire every year?

McKinsey reportedly receives more than a million applications per year and hires less than 1% of them. The Top 3 consulting firms are among the ten most selective employers in the world and it is notoriously difficult to receive a job offer.

What does BCG look for in candidates?

BCG describes ideal candidates as “passionate, open-minded individuals” with “curiosity to ask the right questions, the courage and creativity to blaze new paths, the ability to collaborate with colleagues and clients, and the leadership skills to transform your ideas into action.”

Is working at McKinsey stressful?

McKinsey can be a high-stress environment McKinsey consultants are frequently performance reviewed and work under high expectations. Everyone has seen other consultants give in to the stress. People get overwhelmed, burn out, and sometimes get sick.

Is Bain prestigious?

Founded in 1973, Bain is one of the world’s most prestigious consulting firms. The firm’s 12,000+ employees help the world’s top business leaders make big decisions that will direct their organizations’ futures, and then help them realize those…

How competitive is BCG?

For instance, according to former McKinsey managing director Dominic Barton, the firm receives about 200,000 applications from interested candidates, but only about 2,200 of them get hired. In other words, anyone applying to the firm only has a 1% chance of getting hired.

What is McKinsey famous for?

McKinsey & Company is an American worldwide management consulting firm, founded in 1926 by University of Chicago professor James O. McKinsey, that advises on strategic management to corporations, governments, and other organizations.

Who is the world’s highest paid consultant?

To do that, I went to one of the most successful consultants in the world. In fact, if you google “helping successful leaders,” you’ll notice something strange. Virtually all of the 3,530 search results point to one person: Dr. Marshall Goldsmith.

What is Bain known for?

Bain & Company provides management consulting services primarily to Fortune 500 CEOs. The firm advises on issues such as private equity investments, mergers & acquisitions, corporate strategy, finance, operations, and market analysis.

Who are the Big 5 consulting firms?

PwC, Deloitte, EY and KPMG are followed by US strategy giants McKinsey & Company and The Boston Consulting Group. The global consulting market is currently approaching an estimated worth of nearly $150 billion, up from $122 billion in 2012.

Why is McKinsey the best?

McKinsey is one of the most well recognized brands in the world. Having the McKinsey name on your resume shows that you’re smart, can work hard, and have worked on challenging projects. You’ll have your pick in opportunities when you leave the firm in pursuit of the next step in your career.