Category: Industry discussion

the image is the cover for an article on switching from big 4 to mbb

How to Make the Switch from Big 4 to MBB (McKinsey, BCG, Bain)

It is possible for someone who has worked or currently works at a Big 4 to switch to MBB? In short, yes it is! Many experienced professional service workers at the Big 4 are well-suited for strategy consulting because of their strong analytical skills and their ability to solve complex business problems. However, it’s important…
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the image is the cover for an article on the 80/20 rule in consulting

80/20 Rule in Consulting: How MBB Uses Pareto (2026)

Updated May 2026 · By Florian Smeritschnig, Former McKinsey Senior Consultant The 80/20 rule in consulting means roughly 80% of business impact comes from 20% of the available actions, so consultants at McKinsey, BCG, and Bain deliberately concentrate their analysis, recommendations, and client effort on the highest-impact 20% rather than analyzing everything. In practice, this…
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the image is the cover for an article on mckinsey's alumni network

The Strength of McKinsey’s Alumni Network

All major consulting firms such as McKinsey, BCG, and Bain are making significant efforts to build and hone their alumni networks. Why? Before answering this question, I first want to address what an alumni network is. An alumni network of a consulting firm is a group of individuals who have previously worked at the consulting…
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the image is a cover for an article on the war for talent in consulting firms such as mckinsey bcg and bain

The War for Talent in Consulting: Trends & Implications

The war for talent in consulting refers to the intense competition among consulting firms to attract and retain the best employees. This competition is driven by the high demand for consulting services and the limited pool of qualified candidates. Only 1% of consulting applicants at McKinsey, BCG, and Bain make it through the whole process…
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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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