Done final rounds with 2 out of 3 MBBs for MBA summer internships and now just waiting to hear back. Out of curiosity, how are final round decisions made? Is it that every interviewer across rounds has to agree? Or is it more of a majority vote?
I would say I performed well in most of my interviews, but definitely had a hard time in one final round interview.
Won't change any outcome but would love to know if anyone has any insight?
How are MBB final decisions taken?
Hi there,
Congrats on getting an inverview and making good progress!
Typically it works as follows:
- Rd1 – both interviewers need to pass you. If there’s a debate where 1 interviewer was impressed and the other not so much, then they’ll discuss it but more often than not ‘one the line is out’. If you’re passed through to Rd2 then they call you and tell you so, and provide you with feedback. Your scores, and particularly where you didn’t do so well, are noted in your file and passed on to your Rd2 interviewers .
- Rd2/Partner interviewers – armed with the feedback given to you, expect your Rd2 interviewers to drill you on these points. E.g. struggled with the math? Expect a quant-heavy case. Concerns about you ability to present well? Expect more weight on the fit/verbal part of the interview. Then, similar to Rd1, a consensus is reached and you’re either dinged or passed.
At Bain it wasn’t a ‘committee vote’. Certain people put their hand up to run the process (this was something I did at the firm) and then they make recommendations to the recuiting partner (who’s likely the Rd2 partner), who makes the decision on behalf of the firm.
Good luck!
B.
Hi there,
Congrats on getting and finishing 2 MBB final round interviews!
My advice:
Step 1: Do the best you can
Step 2: Forget about it afterwards
Who cares if there is a committee, or a nighttime ceremony, or a magic hat with names in it. You did your best. They will decide.
That said, it depends on the firm! In general, only the final round interviewers (e.g. normally Partners) decide. They generally meet and/or exchange messages/calls. If it's a super clear no, a discussion isn't needed. Both generally have to like you, but sometimes one that loves you might go to bat for you when another is neutral.
Just think: If you were hiring/interviewing people with a few peers, what would you do?
Hey!
First of all, congrats on getting to the final round at 2 MBBs, this is a great achievement as it is!
Second, to your question, the final decision considers your profile as a whole as it is the last step, afterwards you get the actual offer. Each round is a mandatory step to get to the next stage, but once done with all the stages, there’s a recruiting committee that looks at all the profiles and their performance across all stages to make a decision based on how many spots are available.
I wouldn’t say it’s a majority vote, as some people have more weight in the decision (i.e. partners), but definitely everybody’s opinion is considered.
Hope this helped you, good luck and would love to hear if you end up getting the offer!
Best,
Yuval
They have to reach a consensus.
Do it's not like each of them has a vote and you need 2 or 4 votes. Ideally yes, but if that's not the case, they still need to agree on giving out an offer or not. Of course, when someone is in doubt, an offer is unlikely.
This means you don't need perfect performance, but need to be consistent enough so that you are not perceived as having a clear weakness.
Hi there,
You can check how the recruiting process works from an internal MBB perspective here:
MBB Hiring Hacks - Behind the Curtain Secrets
Best,
Alberto
—
Check out my latest case based on a real MBB interview: Sierra Springs
Consensus.
The interviewers need to decide together whether they want to give you an offer or not. If one has a strong reason not to and can articulate it well, then it's a rejection.
Hope you heard good news from them in the meantime!
Best,
Cristian