Bain & Company Careers vs working at McKinsey BCG

Bain & Company Careers vs working at McKinsey BCG


Have you ever wondered what it’s like to
work for Bain, instead of McKinsey or BCG? Now, a lot of people will get offers at
multiple firms and will go through the full sales process at multiple firms. But
there aren’t a lot of people who actually know from an insider’s
perspective, what it’s like to work at Bain, and McKinsey, and at BCG. So today
I’m just gonna talk about what it’s like to work at Bain from my perspective and
the perspective of the other Bain members of our Management Consulted
team, as well as some of our readers that worked at Bain. Bain does a lot around its’
culture. Bain is the smallest of the three firms and you feel it in a couple
of different ways. First of all Bain has really focused on their local staffing
model. They focus on building depth into their local staffing base and making
sure that you are staffed on projects with teams from a single office. So if you work in Chicago, you work with a Chicago team. If you work in New York, you work with a New York team. And what that does is it builds cohesion inside
the office, but probably more importantly it enables you to travel less. So point
one, is that you have this very strong local office culture, you know the people
in your office, and you know people at multiple levels in your office. So where some people in other firms feel maybe more like they’re a number, at Bain
you really feel like you’re known, and you build a strong network inside that
office. But then the second benefit is that you’re not traveling as much. So
whereas a lot of the standard consulting is 80 to 100 % travel. Bain is more in
the 40 to 60% travel over the lifetime of your career. One other thing that’s
really interesting about working for Bain, is that they have a very strong
private equity practice. That means that they do different kinds of work on
balance. So generally while you’re there if you’re doing a due diligence project,
you’re gonna have a different kind of work than you would if you were working
on a McKinsey project. And McKinsey does due diligence and BCG does due diligence, but the volume of due diligence and private equity work that Bain does,
means that you’re generally going to come up against more of those type of
projects. While I was at Bain I had the opportunity to do 11 projects in only
two and a half years. And some of that was that I did three due diligence
projects. So doing those quick projects gave me more industry
experience, more strategy oversight, and more client exposure. All of which I
really liked. So in summary, if you go to Bain versus McKinsey or BCG, you can
expect to have a different and stronger local office culture. You can also expect
to travel less. And finally, you can expect to do more specific types of work
that will give you a higher volume of projects, such as for private equity work.
Overall I really enjoyed working for Bain, but I’m always interested in
hearing your perspective of whether you’ve liked it, specific projects that
you’ve worked on, and if you haven’t worked for Bain, but have questions
about working for Bain, we’d love to hear those. So leave a comment in our comment
box, make sure that you subscribe to our YouTube channel, reach out to us on
social, or as always you can find us at www.managementconsulted.com. Thanks for watching.

4 Comments

  1. I S says:

    Of the 3 big strategy firms which one has the strongest and which one has the best (most reputable) TT&L division. I have a background in transport and doing my MBA now. I am interested in management consulting but only TT&L. From my research Bain seems to do more work with airlines than the other two but overall the Big 4 seem to be a better destination for a transport professional with an MBA rather than MBB.

  2. panagouras3 says:

    Cool video thanks a lot!! I am a post doc in biology and considering consulting as a next step for my career. Could you provide some insights on which is the best or maybe the more suitable firm for such a transition ? Thanks!

  3. toch o says:

    Thanks for the video! Does Bain have an up-or-out policy? How 'easy' do you think it is to progress and climb the corporate ladder at Bain?

  4. VONTORA says:

    Thanks for the video! Bain & Company is definitely one of the top companies I would love to work after I finish my undergraduate degree. I am Psychology major with a minor in Human Resource Management. My coursework has led me to consulting and my academic advisors agree. Can't wait to see if where it leads me. 🙂

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