From Accenture to MBB?

Switching from Accenture/Strategy& to MBB is very challenging for two reasons:
1. What other folks mentioned about MBB's process being highly selective and rigorous.

2. There is something about the optics and industry dynamics. As you would imagine, consultants and their clients care a lot about the ‘story’ and that is partially why firms like recruiting from top schools.

To make a successful switch, you probably need to think carefully about narrative and catalyst. I've been folks making such shift 1) after an MBA (e.g., Accenture > MBA > MBB), or 2) when they get elected to Partner especially if they have strong client relationships or content depth in a hot topic (e.g., energy for AI or green fuels in Europe), or 3) when a mentor moves to MBB and can pull you in. Beyond these, I would NOT put too much hope on this as a career trajectory!

Hi Anonymous,

In general, it is possible to move from Accenture Strategy or Strategy& to MBB. The degree of difficulty is not universal, as it depends on several factors; you can find a list of the main ones below:

1. Years of experience: the earlier you look to switch, the easier it will be to do so, as there will be more positions opened. The only exception is if you have strong specialization desired by MBB, as for point 2.
2. Specialization: the more you are specialized on something interesting for MBB in a particular field, the easier it will be that they call you; however, you cannot easily plan for that.
3. MBA: if you can go though an MBA program before applying, that will make easier to switch.
4. Network: the more insiders you know that could offer a referral, the easier it will be to get an interview and therefore switch.
5. Previous performance: the higher the performance you can show on your resume, the easier it will be to be selected for an interview, and therefore switch.

Hope this helps,

Francesco

Switching from consulting firms like Accenture or Strategy& to MBB (McKinsey, BCG, Bain) can be challenging but certainly not impossible. It is important to note that MBB firms are highly selective and have rigorous recruitment processes. They typically prioritize candidates with strong academic backgrounds, exceptional problem-solving skills, and relevant industry experience.

To increase your chances of successfully making the switch, it is crucial to demonstrate your ability to handle complex business problems, showcase your strategic thinking, and highlight your impact on previous projects. Building a strong network within the MBB firms can also be advantageous, as it can provide you with valuable insights and potential referrals.

Additionally, gaining experience in areas that are highly valued by MBB firms, such as strategy, private equity, or digital transformation, can enhance your profile and make you a more attractive candidate. It is important to continuously develop your skills and knowledge in these areas to position yourself competitively.

While switching from Accenture or Strategy& to MBB may require some effort and preparation, it is certainly feasible with the right combination of skills, experience, and networking. Remember to showcase your unique value proposition and demonstrate your ability to thrive in the demanding and intellectually stimulating environment that MBB firms offer.

Hi,

I personally made that switch and I know many examples of the people who also did that. The process is the same as with any other background.

I should also tell you that McKinsey is much more demanding in terms of project deliverables quality. It may have 2 implications for your recruiting:

1. Make sure that in your fit interview stories you provide relevant consulting experience, i.e. it is in line with hos McKinsey approaches similar projects and Mck quality. (e.g. don't tell them how you've made a market research or some qualitative assessment . Impress with complex problem solving and implementation). Test your stories with the people who work at McKinsey before the interview
2. Don't worry to much about the downgrade in position. Think of it that way: the lower position you get - the more opportunities to learn and the less chances to make serious mistakes. 

Good luck!

I just did a search on LinkedIn. When the current company is set as McKinsey, Bain, or BCG, the most popular previous companies are McKinsey, BCG, Bain, Accenture, and Deloitte (in that order). So, does Accenture >> MBB happen often? Yes, very often.