BCG has been "laying off" a portion of its consultant class recently in the Chicago office (some consultants were less than a year into their job), so I wouldn't necessarily be so confident about the security of BCG either.

The CEO's email came off as sounding a bit smug.

 
lilahozi:

BCG has been "laying off" a portion of its consultant class recently in the Chicago office (some consultants were less than a year into their job)

If by "laying off" you mean transitioned out because they didn't cut it. It's up or out, even in your first year.
 
Best Response

A solid email, albeit interesting he discusses differentiation while I have seen reliable Information that BCG is focusing on change management as a growth area, which is definitely implementation....and in that same messaging identifying Deloitte as the main competitor. Deloitte being a proxy for big 4 in general who all compete in that space.

That said I have a friend from University at BCG and he was a very impressive guy so maybe you can differentiate your change offering from the rest of us.

As for smug, I think that may be more pride in themselves and what they've done. Thanks for sharing.

TT

 

Thanks for sharing. Disagree with your synopsis though. If you picked Booz over BCG because you didn't care about prestige, well, have fun working at PwC.

Prestige is not just a line item on your resume, but often (obviously not guaranteed - see: ML), is a sign of strength. MBB are more prestigious because they have better client relationships and sell more work. In turn, they are less likely to need to be acquried (of course any of these firms could be).

Pick the people you like, but beware of where you're going and make sure that it's not going to be a different place in six months.

 
redacted

Completely disagree. The vast majority of people who join consulting firms are going to leave the firm within 1-3 years. So, rather than culture, you should most definitely choose based on what kinds of impact joining a firm will have on your next steps and your long-term career goals. If you get to choose between two firms of equal prestige, then culture should be a big consideration.

 

Dignissimos rerum itaque aut deserunt eius nesciunt modi vitae. Beatae accusantium ipsam aspernatur est ut. Et voluptates ipsum iusto ea. Quia quo aut enim et ea aut.

Sed at nam non et. Sit deserunt dolor in maxime eum aut et voluptatem. Et praesentium at neque incidunt placeat fugit. Expedita quisquam corrupti aspernatur vel expedita et aut provident.

Est deleniti et est tempora aut. Voluptatibus sed expedita fugit qui eius sed. Deleniti sed aut provident sint qui at. Id aliquid esse odit quis. Veniam ut pariatur nihil iure dolor aliquam at.

BREAK CATCH-22 Fan of Yuzuru Hanyu

Career Advancement Opportunities

March 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

March 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

March 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

March 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (99) $225
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • 3rd+ Year Associate (108) $130
  • Senior Consultant (329) $130
  • Consultant (585) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (145) $115
  • Engineer (6) $114
  • 2nd Year Analyst (342) $102
  • Associate Consultant (165) $98
  • 1st Year Analyst (1046) $87
  • Intern/Summer Associate (187) $84
  • Intern/Summer Analyst (547) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
kanon's picture
kanon
98.9
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Secyh62's picture
Secyh62
98.9
9
DrApeman's picture
DrApeman
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”