MBB Consulting Q&A

Question

2/25/13 update: Ampharos has now been working in consulting for 5+ months and said he can continue answering questions regarding MBB, recruiting, breaking in, day to day life, etc, ask away!

Hi Guys,

5+ months ago I started working at my top-choice MBB firm full time after receiving my offer through the company's accelerated interviewing process.

Ampharos · Accepted Answer

AuditStLthe conversion rate for summer to FT is really that high at MBB? specifically bain, as i know a few people who didn't get return offers.

this is probably going to depend a good deal on office as well as firm. from what I hear, southern and midwestern offices are generally pretty easygoing in that regard, whereas say a Bain SF or McKinsey NYC may be more competitive.

but again, yes, I only know of literally one person who did not get a return offer out of maybe the dozen and a half people I've seen summer at MBBs over a few recruiting seasons.

Ampharos · Answer

MidatlanticaHow hard is it to transfer from BB IBD summer internship to MBB for full time?
Assume target school with good GPA.

I'll take this one since it's quick. Provided you update your resume well, you should be able to get interviews for at least one of MBB without even really trying. Add in some networking and you shouldn't have any problem getting the interviews you want.

That said, that's simply the interview, and from there it's all up to you. Firms won't give you the benefit of the doubt just because you worked in IBD over the summer.

Ampharos · Answer

@stackerquad:

1) Whenever I've had to look over applications, I don't think I've ever needed to look at someone's transcript honestly. I think they're scrutinized perhaps a bit more if some of your details are suspicious.

Ampharos · Answer

above_and_beyondabove_and_beyondThanks for opening this topic.

What are you guys doing during a M&A process? I have seen MBB guys workjing on the DD on a deal but is this all that MBB does? And what exactly are you guys doing since the majority of stuff regarding DD is covered by the Big4. I mean, there a corporate finance or M&A groups at MBB but what exactly are they doing?

Cheers!

So MBB does a lot of DD, particularly McKinsey and Bain to my knowledge.

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MBB Consulting Q&A

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