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Management consulting firms such as McKinsey, BCG and Bain are notoriously difficult to get into. McKinsey receives ~200,000 applications every year and ends up hiring about ~2,000 new consultants. That corresponds to 1% success rate.
There are three core skills BCG will test you on during their case interviews:Problem solving and maths.Creativity and business sense.Communication.
BCG promotes individuality and diversity 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.
Boston Consulting Group (BCG) is an American management consulting firm founded in 1963. The firm is one of the world’s three largest strategy consulting firms by revenue.
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. To succeed, organizations must blend digital and human capabilities.
BCG sells itself as focusing on corporate development, innovation and business growth. Bain has the deepest expertise in working with Private Equity funds and other principal investors.
KPMG treats their people better than some of the other big 4 companies out there. Much of this also depends on where you work (geographical area), and what area you work in (advisory / audit / tax). * As you move up to the top, you’re expected to ‘sell’ more and more of KPMG’s services.
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.
NEW YORK, Dec. 11, 2019 /PRNewswire/ — Bain & Company is number two on Glassdoor’s 2020 Best Places to Work list, the highest ranking consulting firm and the only one in the top 10 this year. The firm has been in the top four every year since Glassdoor launched the ranking in 2008, including four times at number one.
Bain, meanwhile, comes across as more seasoned by balancing accumulated expertise and bold creativity. McKinsey’s education and technology practices are much stronger than those of BCG or Bain. But in private equity, Bain offers more.
Bain hires people who are passionate about life. “We look for people that are excited about what we do. They are enthusiastic about tackling tough problems for some of the most influential companies in the world. They get energy from working with like-minded peers,” Bevans explains.
bain (comparative more bain, superlative most bain) (now chiefly dialectal) Ready; willing. (now chiefly dialectal) Direct; near; short; gain. That is the bainest way. (now chiefly dialectal) Limber; pliant; flexible.
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.
Scottish: nickname for a fair-haired person, from Gaelic bàn ‘white’, ‘fair’. Northern English: nickname for a hospitable person, from northern Middle English beyn, bayn ‘welcoming’, ‘friendly’ (Old Norse beinn ‘straight’, ‘direct’). …
Explanation: The correct spelling is bane, meaning something that — maybe slightly melodramatically — ruins one’s life. Bain, on the other hand, is a French word for bath.
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