Question: How To Get A Job At Bain?

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How much do Bain consultants make?

Consultant Salaries at Bain In the United States, Bain Consultants can earn up to $226,500 per year, with $165,000 in base income, $41,500 in bonuses, and $20,000 in shared profits. Salary ranges from $120,000 to $150,000 in most other affluent countries (profit sharing not included).

How hard is it to get a job at McKinsey?

According to Dominic Barton, a former managing director at McKinsey, the business receives roughly 200,000 applications from prospective applicants each year, but only about 2,200 are hired. To put it another way, anyone applying to the firm has a 1% chance of being hired.

What schools does Bain recruit from?

Here are ten of the top business schools to attend if you want to work at Bain:

  1. University of Pennsylvania’s Wharton School.
  2. Harvard Business School is a prestigious business school.
  3. The Stanford Graduate School of Business is a prestigious business school.
  4. Kellogg School of Management is a business school in Chicago.
  5. Columbia Business School is a business school located in New York City.
  6. The Booth School of Business at the University of Chicago.
  7. The MIT Sloan School of Management is a business school located in Cambridge, Massachusetts.
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Is Bain a good company to work for?

The fact that 96 percent of workers say they would refer Bain & Company to a friend speaks volumes about the company’s high level of employee satisfaction. We must continue to agree that Bain & Company is one of the best organizations to work for because of the benefits, fantastic culture, pleasant coworkers, and a strong CEO.

How many hours do Bain consultants work?

The average week at Boston Consulting Group is 63 hours, whereas the average week at Bain & Co. is 58 hours. Bain’s figures could be lower because the firm uses a “home office” system to save travel time.

Is consulting really worth it?

It’s doubtful whether you’ll succeed in the field unless you’re truly motivated by something other than the appearance of distinction and the prospect of a decent salary. Even if you are skilled in some aspects of consulting, if you do not have a strong desire to work in the profession, it may be tough to succeed.

What is the starting salary at McKinsey?

Base Salary at McKinsey is $152,500. Bonus for performance: $35,000 maximum. Bonus: $25,000 for signing up.

What are the Big 5 consulting firms?

The Big Five

  • Deloitte & Touche, Arthur Andersen
  • Ernst & Young is a professional services firm.
  • KPMG.
  • PricewaterhouseCoopers.

Why is McKinsey so prestigious?

McKinsey is the most prominent and well-known MBB firm, both within and outside the industry. This is due to their early and ongoing achievement in maintaining extremely high recruitment and project deliveries standards.

What is Bain looking for?

Bain seeks out people who are enthusiastic about life. “We seek folks who are enthusiastic about what we do. They are energized by the prospect of solving difficult challenges for some of the world’s most powerful corporations. Working with like-minded people gives them a boost of vitality “Bevans elucidates.

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Does McKinsey hire from non Ivy League?

McKinsey prefers excellent universities for both undergraduate and MBA programs. However, there are numerous elite colleges that are not Ivy League. At another prominent consulting firm, Booz Allen Hamilton, I was on the MBA recruiting team. I went to three colleges to recruit: Penn/Wharton, MIT, and Michigan, the last two of which are not Ivies.

Where do top consulting firms recruit?

Top MBB Recruiting Programs:

  • Berkeley is the home of the University of California. UCB contributes significantly to Bain & Company’s recruiting pool, accounting about 8% of the firm’s overall recruits.
  • Columbia University is a private university in New York City.
  • Cornell University is located in Ithaca, New York.
  • Duke University is a private university in Durham, North Carolina.
  • Georgetown University is a private university in Washington, D.C
  • Harvard University is a prestigious university in the United States.
  • The University of Michigan is located in Ann Arbor, Michigan.
  • New York University is a public university in New York City.

Which is better Bain or McKinsey?

In head-to-head recruiting, Bain frequently outperforms BCG on the basis of culture, but falls short of McKinsey on the basis of prestige or brand name. When it comes to staffing, Bain is more analyst-heavy than both McKinsey and BCG. A Bain team, on the other hand, will contain two analysts and less senior individuals.

Will McKinsey pay for your MBA?

Yes, to summarize. McKinsey, BCG, Bain, Deloitte, and other consulting firms frequently offer to pay for MBA education for their current workers (eg Susan has been at McKinsey for two years and wants to get her MBA ).

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Do Bain consultants travel?

Local staffing, according to Bain. The majority of projects are staffed by teams from the same office. The client could be anywhere, just like the others, but you can meet with your team in your home office. Travel is usually limited to 2-3 days each week.

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