From Big 4 to MBB: How to Make the Transition

The Big 4 firms (Deloitte, PWC, EY, and KPMG) are substantially larger than the MBB (McKinsey, BCG and Bain). We can adjust it by determining the average income of Big 4 vs. MBB companies, but the big 4 firms still have a significant advantage. And if we look at the average number of employees in one of the big 4 companies versus an MBB firm, then the larger size of the 4 big firms is even more evident. The services provided by the Big 4 firms and MBB can be divided into two main categories: strategic consulting and implementation consulting.

McKinsey, BCG and Bain are the undisputed market leaders in strategic consulting, while the Big 4 firms have historically been leaders in implementation services. According to data from Levels, all MBBs have better compensation than the big 4 firms. However, the specific details of a person's compensation will vary depending on position and seniority. When it comes to prestige, most consultants rank MBB firms above the 4 big firms. But there are success stories from former students from all major consulting firms.

A recent report showed that MBB companies tend to work longer hours than the big 4 firms. Given the greater prestige and compensation of MBB firms, you might be wondering if you can move from the Big 4 to an MBB. In general terms, it is possible to make this transition. However, MBB firms tend to be more selective than the Big 4 firms, and it's hard to get an offer despite having experience in the Big 4.But there are ways you can increase your chances, such as specializing in an area where an MBB company is growing.

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