McKinsey, Boston Consulting Group (BCG), and Bain & Company, or MBB Consulting, are the most prestigious strategy consulting firms worldwide. Their recruitment process is highly competitive and features online tests, case interviews, and personality tests. Fewer than 1% of applicants get an offer from an MBB firm.
Here, you will find a guide on each firm's strategy consultant hiring process, information on their assessments and more resources to help you land a job at one of these prestigious firms.
Considered the big three of strategy firms, MBB consulting refers to the most esteemed groups globally:
These top MBB firms offer exceptional career growth, with opportunities to work in the private and public sector with organisations including the UK government agencies and multinational corporations such as many esteemed Fortune 500 companies.
Keep reading to learn more about each individual strategy consultancy.
An MBB consultant at McKinsey, BCG, and Bain provides strategic organisational advice that impacts a company's structure and performance and helps achieve business goals. Some of the topics an MBB consultant might advise on include business growth, restructuring initiatives, and company efficiency.
As the oldest consultant group on this list, at nearly 100 years old, McKinsey is known for its extensive industry knowledge, operating with offices in over 65 cities worldwide, it is considered the most prestigious and top MBB consulting firm.
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Located in 100 countries, BCG is an elite strategic consultancy known for its top-notch problem-solving approach.
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Bain is known for its top-notch company culture. With global offices in over 60 countries, Bain collaborates primarily with private equity groups. Bain & Company was founded by a BCG company alumni in 1973.
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1. Online Application and Recruiter Screening
2. Online Screening Tests:
3. Case and Fit Interviews (for interview preparation, check the resources linked above):
4. Final Interviews:
5. Negotiations and Job Offer:
The top 3 MBB strategy consultant firms are McKinsey & Company, Bain & Company, and Boston Consulting Group, known as BCG.
MBB is an acronym for McKinsey, Bain and BCG, which are the most prestigious strategy consulting firms.
MBB is considered to be more selective and competitive than the Big 4 Consulting Firms. In addition, MBB consulting firms primarily work with multinational corporations, while Big 4 Firms provide a broader range of services for smaller-to-medium-sized clients.
The Big 4 consulting firms are Deloitte, Ernst & Young, KPMG and PwC.
Start by reading our comprehensive guide on impressing your interviewer and landing your dream consulting role. Then, practise using our highly accurate, researched and developed tools to feel confident and well-prepared during your interview.
There are several ways to stand out as an MBB consulting applicant. If this is your dream role, begin by prioritising your academic record at university and building up your leadership roles.
In addition, network within your social and academic spheres, as consulting firms rely on recommendations during the consulting recruitment process.
Finally, take advantage of our comprehensive, trusted resources to best prepare for assessments and case and fit interviews.