What all mayor consulting firms, ranging from the MBB (McKinsey, BCG, Bain) to the Big 4 (Deloitte, EY, PwC, KPMG) firms, have in common is a bad reputation. But where is this bad reputation coming from? We are taking a closer look.
One of the reasons why consulting is so notorious is the up-or-out principle, which is common across the top consulting firms. It means that you need to ascend the hierarchy, or else you'll be let go. In this post we'll explain the principles, but also it's nuances in more detail.
Many Big 4 consultants wonder whether they should try to join McKinsey, BCG, or Bain. Joining an MBB from the Big 4 comes with many advantages but also disadvantages. We discuss them in this article.
Consulting offers great exit opportunities. Many students join consulting due to the steep career trajectory already with an exit in mind. But what are the exit opportunities and how attractive are they? We take a closer look at the exit opportunities at McKinsey, BCG & Bain
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