Category: Consulting Career

the image is a cover for consulting exit opportunities

Understanding Consulting Exit Opportunities: A Guide

Entering the consulting field, particularly with top firms like McKinsey, BCG, and Bain, is a goal for many ambitious graduates, drawn by the promise of challenging work and excellent career prospects. Yet, an aspect less discussed is the range of exit opportunities available to consultants ready to move on. This guide aims to illuminate the…
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the image is the cover for an article on up or out policies in consulting firms

‘Up Or Out’ in Top Consulting Firms

Top-tier consulting firms such as McKinsey, BCG, and Bain are renowned for their rigorous selection process, with only 1% of applicants making the cut. But securing a position is just the beginning. These firms also employ the infamous ‘up or out’ principle, where consultants must continually prove their worth or face the possibility of being…
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Consulting vs Banking: Best Career Path

The biggest competitors for McKinsey, BCG, and Bain when it comes to hiring are not tier-2 consulting firms but top-tier investment banks such as Goldman Sachs, JP Morgan, and Morgan Stanley (besides big tech companies). Many applicants I work with consider going into top-tier consulting or investment banking. In this article, I want to break…
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the image is the cover for an article on salaries and the hierarchy in bain

Bain & Company hierarchy and salary data

Two of the most common questions we get from our coachees are: We want to use this opportunity to answer both questions in this article. Introduction to Bain Bain & Company was founded in 1973 by Bill Bain, a former consultant at the Boston Consulting Group. The firm was established as an alternative to traditional…
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the image is the cover for an article on salaries and the hierarchy in bcg

BCG (Boston Consulting Group) hierarchy and salary data

Two of the most common questions we get from our coachees are: We want to use this opportunity to answer both questions in this article. Introduction to BCG The Boston Consulting Group (BCG) was founded in 1963 by Bruce Henderson, a former associate at the management consulting firm McKinsey & Company. Henderson had worked on…
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