How is MBB looking in NA? Still slow or improving?

Based on previous WSO threads, here's what you need to know about MBB in North America:

1. Travel and Staffing Dynamics:

   • McKinsey: Considers North America broadly as 'one office,' making it easy to get staffed coast to coast. High-performing individuals or those in specific programs (like 6MA) have more control over their staffing.
   • BCG: Operates with a regional staffing model, broken down into regions like West Coast, Great Lakes, South, and Northeast. Higher-performing associates can push for cross-country projects.
   • Bain: Similar to BCG, with a focus on major cities (NY, SF, BOS, CHI, ATL). Larger offices offer more variety in cases, while smaller offices may be more specialized.

2. Workload and Hours:

   • MBB work is generally considered more interesting, with a focus on helping companies make decisions and get things done. The workload can be intense, with some projects requiring up to 80 hours per week, especially those closer to strategy.

3. Sector and Role Dynamics:

   • MBB firms are known for their strong emphasis on soft skill development, which is crucial in the management world. Skills like structuring problems and persuading stakeholders are highly valued.
   • The type of work can vary significantly, from highly quantifiable tasks (e.g., IPO valuations) to more ambiguous problems (e.g., market expansion strategies).

4. Recruitment and Office Preferences:

   • Recruitment can be office-specific, with applications reviewed by analysts in the chosen office. Networking skills play a significant role in securing desired case opportunities.

Overall, MBB firms in North America are seeing a mix of regional and cross-country staffing, with high-performing individuals having more control over their assignments. The workload remains intense but rewarding, with a strong focus on developing essential management skills.

Sources: MBB Analyst comp/hours ?, Received offers from all three MBB firms and don't know what to do, 2019 MBB Comparison (Interview Process, Locations, Responsibilities, Perks...), Does MBB recruit by office?, https://www.wallstreetoasis.com/forum/investment-banking/will-2020-recruiting-ft-and-sa-be-accelerated-or-be-more-relaxed?customgpt=1