Boston Consulting Group

The Boston Consulting Group (BCG) prides itself on its treatment of clients and its employee-focused culture. Unsurprisingly, BCG stands as one of the world's top-ranked consulting practices and is home to over 4,300 consultants in more than 40 countries.

8.5 / 10 31 reviews Overall Satisfaction

Hard work but worth it!

311 employee reviews - read more

Pros

  • Interesting cases and challenging work with client interaction from day one
  • Plenty of opportunities for training and feedback
  • Working with ‘intelligent, interesting people’
  • You’ll be exposed to ‘a wide range of industries’
  • Excellent reputation and career prospects

Cons

  • Unpredictability of the hours
  • You're required to travel to clients and stay in hotels a fair bit
  • Lack of a work/life balance
  • You have to find time to attend training and fit it around your workload

The Boston Consulting Group (BCG) is most notably known for two reasons: 1) its treatment of clients, and 2) its treatment of staff. A massive 90% of BCG’s customers are repeat customers, and the firm prides itself on its employee-focused culture.

BCG was founded in 1963 by former Bible salesman Bruce D. Henderson. After dropping out from Harvard Business School three months before graduation, Henderson went on to work for Westinghouse Corporation, becoming one of the youngest vice presidents in its history. After Westinghouse, he worked in management at Arthur D. Little – one of the earliest consulting firms. From here, Henderson was headhunted by a client, the Boston Safe deposit and Trust Company, to start an autonomous consulting division at the bank, which became known as the BCG. The firm eventually became independent in 1975 and has remained privately owned by its partners ever since.

While most consultancy firms focused on making easily quantified increases in their client’s bottom line or adjustments to their operations, Bruce Henderson had a more ‘teach a man to fish approach’. His plan was for his clients to understand macroeconomics and social change, so they could better position themselves within their markets.

BCG’s consultants operate in every industry, specialising in a variety of services and functions, including strategy and portfolio development, branding, finance, globalisation, IT, intellectual property and operations. Its clients include some of the world’s largest corporations, as well as a number of Fortune 500 companies, non-profits and government organisations.

The firm is headquartered, unsurprisingly, in Boston, and has more than 69 offices in 40 countries around the world. In fact, it was one of the first consultancies to establish an office in Japan in 1966, soon after opening outposts in London and Paris.

Current CEO Hans-Paul Burkner is only the fifth person to lead the firm. He issued a ‘people-team mandate’ a year after his inauguration, which instructed managers to launch a range of internal initiatives aimed at improving alumni relations, work/life balance, career development and women’s issues. In fact, the first female consultant, Sandy Moose, spent her 40-year career at BCG, and remains chair of BCG’s global Women’s Initiative.

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The majority of BCG’s consultants have an advanced degree from a leading business school, such as INSEAD, Rotterdam University, SDA-Boccini, LSE, ESSEC or Heidelberg. Recruits are primarily drafted between September and February, and are ordinarily plucked from applications made through the firm’s web forms. Experience abroad or foreign languages aren’t necessities, but they’d certainly help to set any hopeful applicant out from the crowd. But most importantly, ‘candidates need to be able to demonstrate that they have the breadth of skills… [required] for the job – a combination of analytical capabilities, structured thinking, creativity and drive.’

Three rounds of interviews stand between you and a position at the BCG. The first round consists of one or two interviews as well as a couple of tests; while the second comprises simply two interviews. Theses interviews will be held by managers, but make it through to the third round and you’ll face three interviews with partners. Regardless of the round, most interviews will be about ‘25% CV questions and 75% case studies’, according to one junior consultant.

The personal discussion is intended as a ‘get to know you’, so this stage will often revolve around a specific experience or time in your life. One junior consultant states, ‘I was asked to talk about what I was most passionate about on my CV, and each conversation flowed differently from then on.’ Interviewers will often apply the ‘elevator test’; basically, could they bear to be stuck in an elevator with you. Although a little harsh sounding, applying this concept helps the firm diminish the chances of hiring someone their employees or clients won’t like working with.

Case studies are always based on real client projects and in turn provide the main insight into whether a candidate can do the job or not; the BCG website offers examples of such case studies. However, interviewers aren't looking for industry knowledge; they simply want to make sure your reasoning is sound and logical.

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Stats

No. of employees worldwide: 5,600
No. of employees in the UK: 278 consultants and total staff of 380
Approx. no. of applications per year: 10,000+

Departments

Automotive
Biopharmaceuticals
Capabilities
Consumer Products
Corporate Development
Corporate Finance
Energy & Environment
Engineered Products & Project Business
Financial Institutions
Globalization
Growth
Health Care Payers & Providers
Information Technology
Innovation
Insurance
Managing in a Slow-Growth Economy
Marketing & Sales
Media & Entertainment
Medical Devices & Technology
Metals & Mining
Operations
Organization
Post merger Integration
Private Equity
Process Industries
Public Sector
Retail
Strategy
Sustainability
Technology & Software
Telecommunications
Transformation
Transportation Travel & Tourism
Turnaround

We do try to be green where possible but the nature of our business mean lots of air miles...

Helpful?
Read all reviews in Green Initiatives

The social impact practice is increasingly visible and important. The entire London office devoted a whole day to charity and social enterprise activities on the 6th of July. There are also opportunities to work on pro bono cases or volunteer with organisations.

Helpful?
Read all reviews in CSR

As a new consultant, after a few weeks of training, (both on and off the job), I was given large responsibility over an individual workstream and interact with clients in the executive suite on an almost daily basis. Currently working on large organisational design/restructuring case. My typical day involves project management planning, database maintenance, as well as building strategic operating models with client executive and management teams. It is an extremely wide variety of work which often changes based on the day's priorities.

Helpful?
Read all reviews in Satisfaction with Work

Training (both formal and informal) is well organised, very frequent and always of great value.

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Read all reviews in Training
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Locations

London Office:
20 Manchester Square
London W1U 3AP
Tel: +44 (0)20 7753 5353
www.bcg.com

Head Office: Boston

No. of offices worldwide: 69

European Offices:
Amsterdam
Athens
Barcelona
Berlin
Brussels
Budapest
Cologne
Copenhagen
Düsseldorf
Frankfurt
Hamburg
Helsinki
Kiev
Lisbon
London
Madrid
Milan
Moscow
Munich
Oslo
Paris
Prague
Rome
Stockholm
Stuttgart
Vienna
Warsaw
Zurich

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