MBB London Current Situation

Hi, I have several questions regarding the consulting industry and MBB in London.

1. How is the current project pipeline in MBB London

2. How thick is the bench right now

3. Is there a change in the types of projects since PE deals are slowing down (especially for PE houses like EYP, Bain, LEK)

4. Did any of the MBB lower their fees in order to compete for projects

Thanks for you insights.

2 Comments

DrApeman

CO

2y

Most Helpful

Happy to answer for Bain

Project pipeline in London
- Better than last year, certainly. Pretty full in PEG, actually
Bench / beach
- Have seen worse, but still some people on the beach here
- Caveat that many people are on LOA / Externships / exchanges, so this has an impact obviously
Change in the types of projects due to PE slow down
- Not really, actually seeing a lot of DDs
Fee drop to attract business
- No more than we typically do when trying to win new clients, as far as I know (but obviously I dont draw contracts, but my point is I've not seen / heard it)
- Clients seem to manage it via shorter projects / smaller teams instead
- We're doing fees-at-risk also, so that's something to take into account

Reply

Quote

Report

Other

Authored by: Certified Consulting Professional - Associate ConsultantCertified Consulting Pro

PE

Associate 3 in PE - LBOs

2y

Nam nihil et nobis dolorem optio cupiditate. Qui atque amet fugiat iure perferendis laudantium eos. Voluptatem temporibus non nulla esse aut atque voluptas.

Similique inventore quaerat esse molestiae omnis corporis et. Necessitatibus nisi aut laudantium iusto itaque repudiandae sint. Veniam ut debitis illum magni corrupti quasi. Harum voluptas reiciendis laudantium reiciendis eligendi similique. Tempore est rerum quia aut fugiat.

Reply

Quote

Report

Other

Authored by: Certified Private Equity Professional - Vice PresidentCertified Private Equity Pro

+16	The Most Underrated Skill in Program Management	3	3h
+9	Bain or BCG? NYC office, Summer intern	1	14h
+9	Would you move to DC early for an 8-week internship before starting a full-time job?	2	1d
+9	Trying to Break Into Rx Consulting: How Does Experienced-Hire Recruiting Work?	1	4d

1	redever	99.2
2	Secyh62	99.0
3	BankonBanking	99.0
4	kanon	99.0
5	DrApeman	98.9
6	dosk17	98.9
7	CompBanker	98.9
8	GameTheory	98.9
9	Betsy Massar	98.9
10	numi	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

MBB London Current Situation

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

MBB London Current Situation

See All Comments - 100% Free

Trending Content - Management Consulting Forum