As I understand, due to massive budget cuts from the government of KSA, much of the hiring across firms in the Middle East has been frozen. Is this true? If so, when are things going to pick up?
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Are MBB firms and T2 Firms hiring in Dubai/Riyadh at the moment?
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Hi there!
As a former local McKinsey consultant based in the Middle East. I can tell you that consulting firms are still hiring across the board, however, due to the current global economic constraints hiring has been slowing down in the region.
What this means is that there are still spots available, but they will be more selective and competitive as fewer full time positions are available.
Feel free to reach out to me if you’re interested in learning more about consulting in the Middle East 😊
Yes firms are hiring.
But not as voraciously right now - the pace will pick-up in a few months from now.
Selections are happening, interviews are happening, but the results are just a lot more picky than in past years - also because the application to selection ratio is much sharper now.
The reasons for the slowdown are less due to the KSA govt. budget cuts and more due to the dynamics of managing human resources - in my opinion.
Hi there,
Yes, I have candidates for McKinsey Dubai and Riuadh in the pipeline at the moment. They are hiring yet the process is a bit slower than usual.
BCG and Bain hiring is happening yet also at a much slower pace. For Tier-2, I am not fully certain but I believe a small number of applicants is still being interviewed based on specific profiles.
Demand for Middle East offices is currently higher than the supply of jobs.
All the best,
Florian
Nope, not true.
I have candidates currently preparing for upcoming interviews in ME.
My recommendation would be to reach out to the recruiter from your target office and firm and discuss with them directly if they are actively recruiting for your target role.
You might also find this guide helpful on how to develop application strategies:
Expert Guide: Build A Winning Application Strategy
Best,
Cristian
Hi there,
I would be happy to share my thoughts on your question:
- First of all, consulting firms are still hiring for most of its Middle East offices, and I am currently helping coachees of mine for both Dubai and Riyadh offices.
- Moreover, I would highly advise you to reach out to the recruiting teams of your target firms and countries to know for certain.
If you would like a more detailed discussion on your specific situation, please don't hesitate to contact me directly.
Best,
Hagen
Recruiting is still active. Slow, but active. To be honest, to have a complete stop within MBB would be quite dramatic - there's a minimum number of entry-level consultants they need to hire - otherwise in 2-5 years they won't have enough trained consultants to deliver projects.
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