Consulting vs Investment Banking

If right now you’re considering a career in either strategy consulting at a top firm or investment banking then you’re probably wondering which option is going to suit you the best. In this article, we lay out the pros and cons of each of the four most common banking roles versus strategy consulting to help […]

  • The Difference Between Generalist and Expert Roles at Top Management Consulting Firms

    Top consulting firms like McKinsey, BCG, and Bain are increasingly hiring specialised consultants who have experience in a specific industry or function. This is most common in the spaces of Operations, Data Science, Marketing and Sales, Oil and Gas, Life Sciences, Capital Markets, and Turnarounds, which are all industries or functions where expert knowledge is […]

  • Consulting vs Start Ups

    Working in a startup is increasingly seen as a competitive alternative to working in strategy consulting at top firms like McKinsey, BCG and Bain. It’s easy to see why someone would be attracted to the dream of a billion dollar IPO and retiring before 30! But, how do the two jobs compare? If you’re considering […]

  • How to Prepare for Your First Day and Career at a Top Consulting Firm

    If you’re reading this because you’ve landed an offer at a top consulting firm then congratulations! To make sure you’re prepared for your first day, we highly recommend doing a few tactical things right now: Take a nice long vacation. Give yourself a rest and make sure you feel fully rested.Do all your life admin. […]

  • "Up or Out" Policy: What It's Like to be Pushed Out Of McKinsey, BCG, or Bain

    Top consulting firms McKinsey, BCG, and Bain, pride themselves on being meritocratic workplaces where promotions are based on the demonstration of ability and potential.  The flip side of this is that some do not make the bar when review season rolls around. In these cases, the firms will terminate a small number of employees due […]

  • Is a Career in Management Consulting Right for Me

    If you’re considering applying to top consulting firms such as McKinsey, BCG, or Bain, then you’ve likely wondered if you’re the kind of person that would thrive in consulting. Consulting is a highly sought after career choice and it involves one of the most difficult recruitment processes in the corporate world. It requires a certain […]

  • The Average Salary of a Consultant at McKinsey, Bain or BCG in London

    In this article, we’re going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. A typical compensation package is made up of the basic salary, the bonus, and the […]

  • Best Books on Management Consulting

    If you’re looking for your next thrilling novel then sadly there is no consulting equivalent to Liar Poker for trading or Barbarians at the Gate for investment banking. Consulting books do not make for great thrillers… However, if you’re looking to learn more about consulting, what it involves, or maybe even to prepare for your […]

  • Salary Expectations at Top Consulting Firm from Graduate to Partner

    Consulting roles at the top strategy firms McKinsey, BCG and Bain are highly coveted and typically pay well compared to other professions.  In this article, we lift the lid on what top consultants are paid at each tenure level, the type of bonuses they receive, and how the career compares to other top professions such […]

  • What Management Consultants Know That Most People Don't

    Because consultants, particularly at the top 3 strategy firms, don’t specialise in certain topics or industries until later in their careers many people might think they don’t know that much. But because consultants are privy to top-level conversations in multiple industries, they do know a few things that most people wouldn’t. Consultants have the brain […]

  • Top Productivity Hacks for Management Consultants

    So you’ve done the work and landed an offer with a top tier consultancy—congrats! Now it’s time to ensure you succeed in your new job. To help you, we’ve rounded up the best productivity and performance tips from consultants. Be your own master There are so many hours in the day – even in a […]

  • Why People Leave Management Consulting After Only 2-4 Years

    The typical length of time a consultant works at a top firm for is 2-4 years, and some statistics even show that 2.7 years is the average point at which a consultant leaves a top firm like McKinsey, BCG and Bain. That might seem very short to some, but when you take into account the […]

  • Why Work in Management Consulting

    Are you considering a transition into consulting from your current job? Maybe your class peers are talking about consulting like it’s the next big thing. Either way, you might be wondering why consulting is considered such a good career by so many people. In this article, we talk about the four main reasons why working […]

  • What McKinsey, Bain and BCG Consultants Actually Do

    Are you tired of hearing “every day is different” when you ask consultants what they actually do? If you want a proper answer then you’re in the right place. Here we share the actual activities consultants do and why they do them. Consultants solve big, hairy problems To be a great consultant you have to […]

  • Why Some Consultants Don't Make Partner

    Only a small percentage of consultants who join top consulting firms like McKinsey, BCG and Bain make it to Partner. Based on best estimates, we suspect it’s less than 5% of consultants who make it. However, the majority of consultants aren’t interested in pursuing Partnership and only stay in consulting for 2-3 years to gain […]

  • What are the Best Parts About Being a Consultant at Bain, BCG or McKinsey

    If you’ve read our article on the Cons to a Life in Consulting, then you may also want to know about the Pros and highlights, too. The good news is that consulting at the Top 3 firms is full of unique benefits you rarely find in other industries. In this article, we cover the top […]