Is McKinsey better than BCG and Bain?
McKinsey leads in terms of overall size and reach, with over 9,000 consultants globally. This is followed by BCG, with7,000 consultants, and then Bain, with 4,000 consultants. By virtue of being considerably bigger than BCG or Bain, McKinsey boasts the most diverse footprint and larger office network.
How much do McKinsey Consultants make at Bain BCG?
Salaries are still very high compared with other industries. The ManagementConsulted report estimates that total compensation for MBA hires at Bain and BCG (combining salary, performance bonuses, and signing bonus) can reach up to $236,000, while McKinsey MBA hires receive $230,000.
Is McKinsey more prestigious than BCG?
McKinsey, Bain and BCG (the Big Three or MBB) are by far the most prestigious consulting firms – as surveyed by Vault in 2020….1.1. MBB Firms Have Much Higher Prestige Score (Vault 2020)
Rank | Score | Name |
---|---|---|
1 | 8.984 | McKinsey & Company |
2 | 8.738 | Boston Consulting Group |
3 | 8.600 | Bain & Company |
Who are the big 4 in consulting?
The “Big Four” is the nickname used to refer to the four largest accounting firms in the United States, as measured by revenue. They are Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and Klynveld Peat Marwick Goerdeler (KPMG).
Should I choose Bain or BCG?
Bain or BCG: Work Culture Bain, the youngest of the three management consulting firms, comes with a unique viewpoint. The firm is more likely to take large market risks and make differentiating moves. On the other hand, BCG is a little more developed, meaning the firm is a little more risk-adverse.
How much do BCG consultants make?
Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. Project Leaders have a maximum annual salary of $266,000; Principals and Partners may earn up to $1,150,000.
Is BCG or Bain better?
In head to head recruiting, Bain often beats out BCG because of culture but loses to McKinsey based on prestige or brand-name. In terms of staffing, you’ll find that Bain is more analyst heavy than both McKinsey and BCG. In contrast, a team from Bain will have 2 analysts and fewer people who are more senior.
Who is the CEO of BCG?
Christoph Schweizer
Christoph Schweizer is CEO of Boston Consulting Group (BCG), elected May 2021. Prior to his role, he was BCG’s chairman for Central and Eastern Europe and the Middle East. He has also served as a member of the firm’s Executive and Operating Committees since 2014.
Is Bain or BCG better?
Is BCG better than Bain?
Bain or BCG: Work Culture The firm is more likely to take large market risks and make differentiating moves. However, BCG is still a highly creative firm with a little more seasoning than Bain. In terms of people, both BCG and Bain hire the best and brightest minds in the industry.
Is Bain better than Deloitte?
Bain & Company employees rated their Work-life balance 0.4 higher than Deloitte employees rated theirs. Bain & Company employees rated their Senior Management 0.8 higher than Deloitte employees rated theirs. Bain & Company employees rated their Culture & Values 0.7 higher than Deloitte employees rated theirs.
How big is BCG?
From 2009 to 2019, BCG’s global sales grew from $2.75 billion to $8.5 billion, and its workforce expanded from 6,900 to 21,000 employees worldwide, tripling in size. CEO Rich Lesser noted that 2019 was the sixth consecutive year of double-digit growth for the firm.