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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