Category: Consulting Career

the image is the cover for an article on switching from tier-2 consulting forms to mckinsey, bcg, bain

How to Switch from Tier-2 Consulting Firms to MBB

By Florian Smeritschnig, former McKinsey Senior Consultant · Updated June 2026 Yes, you can move from a Tier-2 firm to MBB, and you start from one of the strongest positions there is. If you are at Oliver Wyman, Kearney, L.E.K., Roland Berger, or Strategy&, you already do work that looks a lot like what McKinsey,…
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the image is the cover for an article on consulting lingo and buzzwords

Decoding Consulting Lingo and Speech: Insider Guide

This article dives into the fascinating world of consulting buzzwords that define the industry. Consulting is known for its specialized language, filled with acronyms, jargon, and unique terms that can seem like a maze to outsiders – and sometimes even insiders. This language is not just about fancy words; it embodies the deep insights, strategies,…
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Consulting Exit Opportunities 7 Top Paths Ranked cover image

Consulting Exit Opportunities: 7 Top Paths Ranked (2026)

Updated July 2026 · By Florian Smeritschnig, Former McKinsey Senior Consultant The most common consulting exit opportunities are private equity, corporate strategy, and startups/tech, with roughly two-thirds of post-MBA consultants leaving for one of these three within five years. Less common but premium paths include growth equity, venture capital, big tech product and BizOps roles,…
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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: An Honest Perspective

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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the image is the cover for an article on consulting vs. investment banking

Consulting vs Banking: Which Career Path Is Best?

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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