You are unlikely to pass a McKinsey, BCG, Roland Berger or Bain case unless you can brainstorm. Although, you may never receive an isolated/explicit brainstorming request in a case, the skill is needed to identify drivers and build out an analyses structure.
Why is this important?
Candidates who can brainstorm well will never need to memorize a case framework for the rest of their lives, or get stuck in a case when they cannot recall a framework. No matter how many frameworks they memorize there is bound to be a case which requires a type of analyses they have never seen before, and if they cannot brainstorm, they cannot develop the required analyses approach. Moreover, comfort with this technique plays a major role with confidence building since the candidate never needs to worry about facing a case without a bag full of frameworks. They will not need them. Read more
In just 2 weeks, Firmsconsulting has seen six clients withdraw from the interview process to accept lucrative energy industry offers. Three had written offers in hand from BCG, Bain and McKinsey. The geographical scope of the offers, range of degrees affected and that such poaching has happened since at least June 2011 warranted us discussing this trend in more detail.
For context, since mid-2011, a client has withdrawn from our program every single month to accept an energy industry offer. That our clients span over 60 countries and the trend keeps increasing indicates the energy sector is far from its peak in hiring. All degrees have been positively affected, though MBA’s with heavy construction and/or energy experience and PhD’s with energy backgrounds are the dominant group.
Consulting firms are therefore even more desperate to find oil and gas talent since they are losing so many consultants, candidates in the interview process and interested profiles. Read more
Maria, not her real name, is a current consultant in a BCG Eastern European office. She has kindly agreed to share her experiences from the perspective of a non-quant. Maria holds a master’s degree in literature from her country’s most prestigious university and worked as an intern at a FMCG company before joining BCG as an analyst. Maria encourages readers to ask questions about BCG and not be afraid to enter consulting with an Arts degree.
Straight off, I want to say that I have never used a spreadsheet throughout my life. Read more
We were asked this question today by someone applying to the case coaching program. I think the candidate asked the question assuming we would brush it off with a generic answer. Let me tell you that we take this very seriously. I am going to dedicate an entire post to this. Sure, it is assumed a training program should not tell you about candidates they did not place. However, let’s be honest, any intelligent person knows a program like us cannot be 100% successful. Trying to create such an impression is misleading. So, we are going to discuss that question directly. Read more
I was asked this question twenty minutes ago during a conference call with a university. Everyone has heard of Monitor’s Michael Porter, BCG’s George Stalk and Michael Silverstein, or even Bain’s Darrell Rigby. Read more