BCG Consultant Application Deadline Delayed Indefinitely
Just saw on BCG's website that their AD consultant application deadline is delayed indefinitely . Also heard that some interview invites were put on hold until further notice. Does this mean that they are no longer reviewing applications or just simply giving candidates more time to apply? Saw on fishbowl that BCG might be doing worse compared to Bain and McKinsey - is there any truth to this?
Fishbowl and other online forums, including this one, have a mild McKinsey fetish. There are always posts about BCG or Bain struggling or getting bought out etc. etc. The reality is that most of those people have no idea what they are talking about. For one, size and scale does not correlate well with financial health or stability. McKinsey may be bigger than Bain/BCG but Deloitte is larger than all three combined and look at them right now. Secondly, information how these private firms are doing is strictly confidential. Unless you find Rich Lesser or Manny secretly trolling around fishbowl during his free time, I would take everything you see online with a grain of salt.
The interview deadline adjustments are probably just to give them time to re-evaluate need for 2021. Nothing more.
It's not the size that matters, It's how you use it ;)
That's what I thought until she mentioned that we were one inch away from being a lesbian couple
The fetish you described is not mild in nature or magnitude, pls fix, tnx
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In London BCG suspended interviewing people in April.
I was about to have a first round as a lateral hire and around mid April I received an email from HR saying that they stopped hiring for 2020 and perhaps later in the year they will think about when to interview for 2021 starts.
contacts at the firm have mentioned that they’re on a temporary hiring freeze and are looking to pick back up as fall gets closer. they’re not sure that the head count needs will be and are planning to reassess when they have more clarity. with start dates pushed back for the incomings and less people leaving the firm immediately, hiring is expected to be a bit less as they also have large intern classes this summer.
This is what I have heard as well. The combination of a large batch of outstanding offers from summer interns (with higher yield rates than usual) and decreased # of projects (although not as bad as people make it seem) will make this years' fall recruiting an uphill battle.
Separate but related question, does a firm underperforming in one region affect the hiring in other regions?
For example, if any of the MBBs isn't doing so well in the U.S. offices, would the hiring/firing/bonuses of the London office be affected?
Depends on the firm, Bain's home office model? Less so. McKinsey's global staffing? More so. I wouldn't be surprised if there is some global 'smoothing out' (sorry Mck) of bonuses however.
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