BCG vs. McKinsey: My Experience Working at Both Firms

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What's the difference between Boston Consulting Group and McKinsey & Company? I worked at both firms and while overall both firms are exceptional, I found many differences between the firms. I break down the differences in firm size, feel, culture, positioning, alumni, competitiveness, knowledge network, focus on credentials and client focus.

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TIMELINE
0:00 - My experience working at both firms
1:19 - The positives and similarities at both firms
1:42 - Both firms seen as "best places to work"
2:05 - Overview of McKinsey & Company & BCG
2:40 - Difference in cultures
4:00 - Client Relationships
5:04 - Credentials
6:27 - Knowledge Network
9:10 - Alumni networks
10:16 - Competitive Perceptions

[undrcut]

McKiney is just an amazing place guys. I worked as an industry pharmacist for total of 5 years and somehow they offered me a job because they realised many of the firms in Turkey were pharmaceutical companies. It is just a place full of smart people many of my best memories were made there. The company just keeps hiring smart and creative people. I still can't believe how fast we were fixing problems. Then I transferred to the US because of them I am now an American citizen and able to have wealth that I have never imagined that I would have in my entire life.

[alyzaghloul]

Great video. I'd recommend setting video speed to 1.25x :D

[Atombender]

It's like having played for both Celtic and Rangers.

[linkmeakshay]

Man, you dropped mic with your last sentence! 😂😂

[adil]

Hey Paul, this comparitive analysis of McKinsey and BCG was really helpful for a budding Consultant like me. Thank you so much! Love from India ❤️❤️❤️

[kevinikeonu]

Why you gotta do Bain like that. I heard BCG is harder to get into? I have an interview with McKinsey but got rejected by BCG right away

[wannabedal-adx]

Nice insight into both firms. Supports what I have heard in other channels and alumni. Interesting exercise into what a good firm value structure should be. BCG worries about the competition whereas McKinsey worries about being the best. Both have there pros and cons, but who's first again????

[MichaelTeoh]

Thank You for sharing this Paul. These are all amazing recollections!

[chamikarajayakody]

Thank you very much. Appreciate your sharing of insight. Your content was impressive which lead to subscribe to your channel. Keep up your good work.

[dausmaa]

I like the way he talks it's really clear and understanding. I wish I could talk slow like that, it's difficult for me.
Your content was very helpful, great one

[catherinedoantran]

absolutely find this video helpful!! The remaining thing is I'm so curious about why both of the firms don't want to know Bain :):)

[giovanni_siciliano_ivano]

I miss how problem solving frameworks differ between the two. Nice anyway

[batchlad]

Don’t agree with the assessment of McKinsey’ global culture. They do try to be globally one firm, but there are still local office budgets driving many partner incentives and decisions

[sunnygill]

Thank you for your insight. I am an MBA student at non Ivey school and want to get into consulting. What was your experience with working hours and work life balance? I have heard some consultants put in 80hr/week, is that true?

[surffahren]

Great content. Keep it up, keep it coming pls

[lars]

I was wondering about these differences, as the firms can seem quite similar. I do have one question though: as you know, landing a job at both firms is highly competitive. Do you have any recommendations on what I can do during my studies (PhD and master subjects, for instance) that would enhance my chances? Love to hear from you. Great video. Thanks a lot!

[versastyledio]

I have a podcast about consulting called « Consulting Lifestyle ». I would be happy to have you as a guest to share your experience

[ajtedom]

what about McKinsey vs Philip Kotler group

[bugsywolfe]

Just like trying to get a Straight Answer from a Lawyer

[PramitSamanta]

I really want to start career in consulting. I need some guidance.