Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job that’s right for you. MBB start their recruitment cycle in the fall, targeting MBAs and undergrads at top schools, for their new batch of recruits for the next fall. For example, here’s where you can apply to McKinsey as a student or experienced hire: IT Sloan Management Review and Deloitte’s 1 2015 global study of digital business found that maturing digital businesses are focused on integrating digital technologies, such as social, mobile, analytics and cloud, in the service of transforming how their businesses work. Your premise is false. “MBB” have a similar type of clients and provide similar services. I joined Accenture out of business school and spent 7 years with them. So also the working lives/hours of their employees. Their clients include Fortune 50, Fortune 100, Fortune 500 companies, private equities, and hedge funds, and may charge them $500,000 for a team of six for six months. It's amazing what a good marketing department can do. This is particularly so with BCG and Bain, as their intake is smaller than McKinsey’s. At the Big 4, the entry level (0-2 years) designations at all four firms is analyst, though, at Deloitte, it can also be associate. References: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, Start here | Success stories | Reality check | Knowledgebase | Scholarships | Services, “While McKinsey prefers a candidate-led approach, BCG and Bain take an interviewer-led approach”. Consulting salary grows at 5 percent annually on average. Read about our services and pricing. That's like comparing McKinsey to KPMG. McKinsey Digital has engineers, product managers, and data scientists on its staff who can provide the infrastructure and technology to implement recommendations made by McKinsey consultants. @Chandru: While their bulk of hires come from the elite bschools, MBB recruit from a wide range of backgrounds. - Excellent healthcare (vision, dental, etc.) Reply Quote #15 RE: Offers Choice--Deloitte vs Booz Allen vs McKinsey … It also uses a pressure test to find out whether a candidate can handle stress. The MBB teams are typically in the office early and often leave late at night (i.e. To me, the differences are fairly evident. Our suggestion is to be prepared for both types, so you’re not caught on the wrong foot. McKinsey is unparalleled in its reach and prestige, and is the largest of the strategy firms (27,000 employees as of 2018). Al comparar empleadores en cuanto a las calificaciones de los empleados, sueldos, evaluaciones, ventajas y desventajas, vacantes y más, te adelantarás a los demás candidatos. There’s a reason why McKinsey, Bain, and BCG are the top dogs in the management consulting industry. Note: Estimated salaries based on field reports by the source website. Getty. – Life as a McKinsey Consultant In the middle, BCG is flatter and thrives on camaraderie and a collaborative work style among its consultants. “Performance bonus” abbreviated as “PB”; “signing bonus” abbreviated as “SB.”. At Deloitte you just have to network your ass off to break the ice with Managers, SM's and partners from other practices. All three insist on equally demanding work ethos from their employees. If one takes into account only the annual salary, MBB do a little better. The Big 4 treat their clients much more softly, compared with MBB. While they go up against each other in the consulting segment, in which Deloitte is the industry leader, Accenture is seen more as an IT service & outsourcing company. You can visit their website to find out the current opportunities they have. The salaries and work of their employees are largely similar, too. Work-life balance. Significant organizational and operational culture differences exist among the Big 3, though there are some similarities, too. Perhaps it’s more accurate to say that there are many reasons that make consultants at these 3 firms part of an elite club. McKinsey, which has a hoarier vintage, has always been the undisputed market leader, but Bain, the youngest of the three, has consistently made its mark with its market differentiation and risk-taking talent. A consulting aspirant with a law or medical or another advanced degree better knock on McKinsey’s doors first. The atmosphere in a big office in a European capital may vary from that in a smaller office located in a city in a developing country. Some other titles are as follows. It’s a great place to cut your teeth out of school; however, most hires are not lifers. The group would examine how the company carries on its marketing campaign through email and SMS and suggest steps to improve its digital marketing outreach and launch a more effective app, for example. Ask anyone trying to break into consulting and you likely won’t find a single individual w hose top preference isn’t one of these three firms.. , competing with MBB `` past Company '' of current MBB employees also touted as one the. '' 4 hours ago MBB recruit from a wide range of backgrounds after.. Questions to test for analytical skills clients deep expertise in virtually all industries functions... Loved them the Big 4 firms are where some work/life balance exists of backgrounds for continuing education about! 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