MBB Lateral Hiring Market in 2025?

Question

Hello all

I graduated from a top school (HYPSM) last year and am working at the moment at a bulge bracket bank. I am hoping to try and lateral to a MBB firm next year with 1.5-2 years of experience.

I have read a lot in the news about MBB hiring being frozen or slowed down over the past year, and that makes me worried that it will be difficult to score interviews even with a name brand employer and pretty transferable skills.

For your reference I have an almost perfect GPA and good extracurricular experience and also made it to the final round of one of the MBBs back when I was in college last year.

I know it is difficult to predict the future but is it realistic that a lateral hire would be possible for me in 2025 with my profile?

Answer 1

Hi there,

Q: Is it realistic that a lateral hire would be possible for me in 2025 with my profile?

Possible: yes. Whether that’s likely will mainly depend on:

The recruiting situation (as you indicated, now it is not good in most countries, hopefully, it will be better in 2025)
Whether you manage to get invitations from all MBB (key things for this: CV, Cover and referrals)
Whether you have a good preparation for interviews

You cannot control #1, but you can control #2 and #3. Thus, I would focus on them.

If it doesn’t work out, you can apply again after 12 months in most cases, so you have nothing to lose by applying if MBB is your current goal.

Good luck!

Francesco

Answer 2

If you went to HYPSM, have a high GPA and are in a bulge bracket bank your odds of making to mbb are pretty high in most years. 2025 interest rates will at least start to come down and we'll ideally see a pick up in activity. While no one can predict the future I think you have a really good shot especially if you want to look at the PE practice within the firms.

Answer 3

Hi there,

Hiring is already picking up now and everybody thinks it will be in full swing again next year. You should be okay!

Stay close to the industry news and to your connections in MBB as they can also tell you when it's a good time to apply.

All the best on your journey!

Cheers,

Florian

Answer 4

Recruiting situation is not great… but your profile is good, decent likelihood of getting an interview.

Answer 5

Typically, in depth screening is completed by the ACs / Consultants at the office that you are looking to apply to on... (read entire answer)

Typically, in depth screening is completed by the ACs / Consultants at the office that you are looking to apply to once you have made it past the initial filters. HR will assist... (read entire answer)

Answer 6

Let me take a crack at this (in English) since no-one has addressed this. Top consultancies typically want the best... (read entire answer)

Let me take a crack at this (in English) since no-one has addressed this. Top consultancies typically want the best people regardless of their background. Yes, some roles are... (read entire answer)

Answer 7

This is a great, great question... that I suspect no-one can systematically answer :) Unless you have spent significa... (read entire answer)

This is a great, great question... that I suspect no-one can systematically answer :) Unless you have spent significant time working for or with all three, how can you truly com... (read entire answer)