Author: Florian Smeritschnig

the image is the cover for an article on the great resignation on consulting

How the Great Resignation Affects Consulting Firms

The “Great Resignation” or the “Big Quit” refers to the idea that many people have become disengaged and disenchanted with their jobs and employers. Some experts believe that the COVID-19 pandemic has accelerated this trend, as many people have been forced to work from home and have become disillusioned with the traditional 9-to-5 workday. Additionally,…
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How the up-or-out promotion system works inside McKinsey, BCG, and Bain.

Up or Out in Consulting: What Really Happens Inside MBB

By Florian Smeritschnig, former McKinsey Senior Consultant. Updated July 2026. Up or out in consulting is the principle that you either get promoted to the next level within a set window, usually two to three years, or you leave the firm. It sounds brutal, and the phrase scares almost every new joiner at McKinsey, BCG,…
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the image is the cover for an article about how to be mece in a case interview

What Is MECE? How to Structure a Case Interview (2026)

By Florian Smeritschnig, former McKinsey Senior Consultant · Updated June 2026 MECE stands for mutually exclusive, collectively exhaustive. It is a way of splitting a problem into buckets that do not overlap (mutually exclusive) and that leave nothing important out (collectively exhaustive). In a case interview, a MECE structure breaks the problem into clean, complete…
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the image is the cover for an article on the top 10 consulting firms in the middle east

Top 10 Consulting Firms in the Middle East: Ranking & Insights

The Middle East is one of the fastest-growing regions in the world and at the time of writing (January 2023) one of the very few areas where recruiting for top-tier consulting firms has not slowed down. In this article, I want to provide an overview of the top 10 consulting firms and their work in…
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the image is the cover for an article on consulting recruiting slowdown and hiring freeze

Consulting Recruiting in 2023: Slowdown or Freeze? (2024 Update)

One of the most common concerns I currently read across all consulting job boards and discuss with my clients is that everyone feels the slowdown in hiring with firms such as McKinsey, BCG, and Bain. On top of that, I see decreasing activity in article views, and coaching requests (not just myself but colleagues as…
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