T2 Consulting London vs Regional MBB

Based on the most helpful WSO content, here’s how you can approach your decision and evaluate your options:

1) Re-recruiting for MBB London:

• Brand Name Impact: The MBB brand name, even in your home country, carries significant weight globally. It is generally perceived as stronger than T2 firms like LEK, OC&C, or EY-Parthenon, even if the latter is in London. This is especially true when considering long-term career prospects or re-recruiting for MBB London. The MBB name on your resume will likely open more doors and provide a stronger foundation for re-recruiting.
• HR vs. Consultants' Perspective: HR tends to value the MBB brand more heavily, as it signals top-tier experience and training. Consultants, on the other hand, may place more emphasis on the specific skills and experiences you’ve gained, such as exposure to strategy-heavy cases or due diligence work. However, the MBB name still holds a slight edge in most cases.

2) Jumping from T2 to MBB:

• Difficulty of Transition: Transitioning from T2 to MBB is possible and happens frequently, but it’s not guaranteed. The process often comes down to your ability to demonstrate strong casing skills, networking, and relevant project experience. MBB tends to recruit from a similar talent pool as T2 firms, so the gap isn’t insurmountable, but you’ll need to stand out.
• Specific Experiences to Highlight:
  • Due Diligence (DD): There’s always demand for consultants with strong DD experience, as it’s a core skill in strategy consulting.
  • Strategy-Heavy Projects: Highlighting work on high-impact strategy cases can make you a more attractive candidate.
  • Networking: Building relationships with MBB consultants and recruiters can significantly improve your odds.
• Fundamentals Still Matter: Ultimately, your ability to ace the case interview and demonstrate fit with the MBB culture will be critical.

Additional Considerations:

• Location Preferences: If you’re uncertain about where you want to be long-term, the London T2 option might provide more immediate exposure to the London market and help you build a network there. However, the MBB home-country option keeps the door open for a potential transfer to London later, leveraging the MBB brand.
• Exit Opportunities: MBB consultants generally have access to a broader range of exit opportunities, including roles in corporate strategy, private equity, and top-tier business schools. While T2 firms also offer strong exits, MBB’s reputation often makes the process easier.

Final Thoughts:

If your ultimate goal is to maximize optionality and keep doors open for MBB London or other top-tier opportunities, the MBB home-country offer is likely the stronger choice. The brand name and training you’ll receive at MBB will carry significant weight, even if it’s not in London initially. However, if you’re leaning toward building a career in London and value immediate exposure to that market, the T2 London option could be a compelling choice.

Let me know if you’d like further insights!

Sources: Consulting Recruiting 2023, Q&A: Strategy consulting Associate Partner offering career advice, Is there HONESTLY a difference in the quality of work between Strategy& (Tier 2 consulting) and MBB?, Consulting Recruiting 2023, MBB Implementation or 2nd Tier Generalist?