Google around the "Best Companies to Work For," you will see that BCG is ranked in top 5 every year; however, my question is that with the prestige of McKinsey, why does McKinsey never ranked in these top 100 companies to work for by the Fortune magazine?
http://money.cnn. com/magazines/fortune/best-companies/
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Who cares?
The criteria for that is completely different. Im not sure exactly what it is based off of, but prestige surely isnt a factor. Somethings probably included are work life balance, benefits, ammenities in the company, and other perks to working at a company (besides salary and exit opps)
Because you can't google? http://money.cnn.com/galleries/2012/pf/jobs/1205/gallery.top-MBA-employ… http://jobsearch.about.com/b/2012/12/12/best-companies-to-work-for-2013… http://www.forbes.com/sites/jacquelynsmith/2012/12/12/the-best-companie… http://www.cbsnews.com/8301-505125_162-57345147/survey-says-5-best-plac…
I have friends at both companies. BCG guys tell me that despite working hard they feel that the company really cares about them. My friends at McKinsey tell me that is very common to be insulted and that sometimes they feel like McKinsey is doing them a favor by letting them work there. Of course these are only a couple of data points that do not allow for a generalization.
Criteria probably weights heavily on benefits package.
High burnout rate/turnover. Lots of politics, focus on prestige rather than substance.
Because fuck consultants. Bunch of no talent hacks: (obligatory Damn it Feels Good to be a Banker)
[quote=overpaid_overworked]Because fuck consultants. Bunch of no talent hacks: (obligatory Damn it Feels Good to be a Banker)
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Oh, hi there 2007!
Just cause it's six years old doesn't make it false...Guy I did my MBA with was bragging about getting picked up by a big consulting firm, the fact that he got taken there further reinforces my thoughts on consultants. This kid can talk all day without saying anything, forces the biggest words he knows into sentences (often incorrectly) and is in general a no talent douche. His skill set includes plagerism, cliched catch phrases and mis-applying academic models to situations, re: perfect management consultant.
Because McKinsey's work-life balance is much worse than BCG's. The level of respect that you get from senior people, focus on doing good work, etc. are all basically the same, but BCG people straight up work less. Prestige is definitely a factor, though; because McKinsey always dominates the prestige rankings with shitty quality of life, they have roughly nothing to gain by improving.
So, what's the average McKinsey working hours vs. BCG working hours?
It's a stupid "ranking". Bain didn't make the list either, so does anyone really give a shit that McK isn't on it? Would you really choose to work for "CHG Healthcare Services" over McK, Bain, or Goldman slumming it down in the 90's?
If anyone thinks lists like this really mean anything I don't want you working at my firm anyway.
I've heard that neither Mck nor Bain are on the top 100 list because they didn't agree to be rated on the list
It's funny that consulting actually wins over investment banking or trading now in terms of hours..
Uhhh, consulting has better hours than trading?
Did they cancel working weekends in consulting? No longer traveling 75% of the time?
Yeah....McKinsey sucks MUCH WORSE in work-life balance than BCG.
From everything I can glean (have close friends at all 3 firms), I wouldn't agree it's much worse. You're definitely traveling a bit more, and if that's a huge deal to you, then yeah I can see McKinsey being "much worse". But I think a very small subsection of people interested in consulting are that opposed to traveling. For everyone else, the perks of traveling (staying in hotels, comping everything, racking up points) balance out the cons.
Hours-wise, I think McK might be a bit tougher, but not by a whole lot. People at BCG and Bain definitely also have those 80+ hour weeks from time to time. Of course, it's very hard to say definitively because virtually nobody's worked at more than one of the firms.
,...yah threads like this are the reason why I avoid the consulting forums for the most part now lol.
1) work hours in consulting are generally project and office specific
2) trading hours worse than consulting = LOL
you rarely work weekends in consulting..
Anyone from consulting here who can give me some proper info on the hours you work? I did an IB internship at a BB last year but the hours absolutely killed me. Fuck working 90 - 110 hours a week all the time, its awful. Considering consulting now, but only if the hours are better.
8:30am to 10pm-11pm Monday - Th 8:30am to 4pm-5pm Fri Very little weekend work
Comments: You generally fly ass-early Monday a.m. (or occasionally Sunday night, especially if west coast). Some projects are better. Some nights you get off by 7pm Some projects are worse, some nights you get off at 2am Sometimes you're on the beach between projects, which, generally, is lighter
Very accurate from my experience!
Yep. From my first-hand experience as a McK/BCG intern, this is indeed very accurate.
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