April 2012

In any kind of high stakes competition, whether for your clients or for your own career, it's VITAL to have a decisive advantage over the competition. Warren Buffet calls in the Durable Competitive Advantage. Michael Porter calls it Competitive Advantage. Regardless of the phrasing, the concept is the same: NEVER compete in a competition where [...]

Sometimes, when struggling through yet another case interview practice, candidates might wonder: "Why consulting again?" Indeed, many other job opportunities have straightforward interviewing and hiring processes that don't require hours of practice and coaching. Below is a recap of four key reasons consulting provides a truly differentiated career opportunity. Generally, as the higher the prestige [...]

Interest in Oliver Wyman careers has grown as the firm is currently the fastest-growing consultancy within the top ten. (Smaller firms have an easier time being fast-growing; so the top ten distinction is critical here.) Below you'll find an overview of noteworthy features associated with Oliver Wyman careers. Company Structure Oliver Wyman's parent company is [...]

While it sometimes seems that everyone wants to get into McKinsey, it's worth noting that there are a number of top consulting firms that can give a career a real boost. While McKinsey, Bain, or BCG will probably provide the most powerful resume augmentation, every one of the 25 top consulting firms carries a blend of size and prestige that [...]

Question: Victor, first, thank you so much for the resources you've provided.  I have watched your lectures twice and memorized your frameworks, and I feel like they are very helpful. My question pertains to differences between what I've seen from your approach and that put forth in Case in Point.  Specifically, when reading through the [...]

Question: Recently I interviewed with McKinsey and Bain in Eastern Europe, got to the final rounds at both but did not get an offer. Especially getting rejected at Bain was devastating as it would be my dream company because of the cultural fit. My Bain interviewers encouraged me to get some more business experience, practise and reapply in 6 [...]

MBB

MBB is an abbreviation that stands for McKinsey & Company, Bain & Company and the Boston Consulting Group (BCG). Its an acronym used by candidates applying for jobs at what's often considered the top 3 firms in the management consulting industry. Some will debate whether the first B in MBB stands for BCG instead of [...]