The recruitment process is challenging and selective when targeting the industry's top players, such as McKinsey & Company, Boston Consulting Group (BCG), and Bain & Company, collectively known as MBB Consulting.
Navigate the MBB firm hiring process with our up-to-date resources and prepare for new opportunities that will grow your career in strategy consulting!
MBB Consulting consists of McKinsey, Boston Consulting Group, and Bain, the three big consulting groups with an international reach and are known for their top industry expertise. An MBB consultant solves high-impact business problems for their clients, but the type of work varies from team to team depending on their corporate strategy.
You should expect a competitive recruitment process, but with proper preparation, you can boost your chances of landing a role at one of these prestigious firms. Keep reading to learn more!
McKinsey is the oldest and most prestigious MBB consulting firm, known for its extensive industry knowledge that has made a significant impact. Operating in over 130 cities and 65 countries, it is no wonder that this consulting firm works with top organizations in the private and public sectors.
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Founded in 1963, BCG is a large global consultancy with offices in over 100 countries. This MBB firm is known for innovative business solutions.
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Bain is known for its collaborative company culture with a focus on employee satisfaction. The MBB group is located in 37 countries and works with private equity groups.
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1. Online Application and Recruiter Screening
2. Online Tests
3. Case and Fit Interviews
4. Final Interviews
5. Offer and Negotiations
MBB is an acronym for the big three most prestigious consulting firms: McKinsey & Company, Boston Consulting Group and Bain & Company.
Compared to Big 4 Consulting, which refers to Deloitte, Ernst & Young, KPMG, and PwC (Princewaterhouse-Coopers), MBB is considered to be the most prestigious and selective firm in the consulting world.
While Big 4 Consulting firms typically offer a wide range of services, MBB firms typically collaborate with multinational Fortune 500 companies and government agencies worldwide.
You will need a strong academic record with a 3.6/4.0 GPA for MBB consulting. In addition, you should be aware that over 40% of MBB consultants have an advanced professional degree from elite business schools (Ivy League and highly selective universities).
Finally, MBB firms have a list of target schools they typically recruit from throughout the year. While candidates from non-target schools can still get hired, this is vital information to consider.
In addition, many current consultants have had previous internships, which are essential for gaining hands-on exposure and demonstrating your talents.
McKinsey & Company is known as the most prestigious office of the MBB firms. However, all three have stellar reputations, distinguished benefits, and a great alumni network.
Known as the most prestigious consulting firms, MBBs offer employees fast career growth and opportunities to work on interesting projects with innovative strategies.
Big Three consulting firms are a great work environment for those who enjoy data analytics, venture capital, the business world, and a chance to work with global leaders.
Consulting firms, especially the MBB firms, provide cutting-edge solutions to their clients, meaning there is never a dull moment.
To be frank, yes. However, the process is not unachievable.
Start by polishing your resume and cover letter to show your most profound academic and professional achievements so that the Big 3 consultant group can be impressed. Then study and review with our online practice tests to feel well-prepared on exam and interview days.
Remember that McKinsey, BCG, and Bain make the interview and hiring process difficult because the management consulting industry is highly prestigious.