If you dream of a prestigious and high-income job in consulting, Bain and Company is among the first names that come to mind. Founded in 1973, the company went through turmoil but managed to rebound and reestablish itself as one of the best international consultancies. We researched the company background and analyzed employee reviews to help you land a dream job at Bain & Company.
What Does Bain and Company Do?
It is one of the “Big Three” management consultancies, also known as MBB. But what does Bain and Company do? Most of their services pertain to research, analysis, and consultations for Fortune 500 CEOs. Critical consultancy competencies include market research, advice on mergers and acquisitions, strategy, operations, marketing, and even digital technology.
However, Bain and Company also cooperates with NGOs and non-profit organizations and encourages pro-bono work among the employees. In 2015, the company pledged to invest $1 billion in pro-bono consulting by 2025. This goal does not hinder the revenue that exceeds $2 billion per year.
Bain and Company offices are scattered across 37 countries in South and North America, Europe, Asia, and Australia. With 58 offices around the globe, the company employs over 5,000 people, but its headquarters remain in Boston.
The Good, the Bad, and the Ugly of Working for Bain & Company
Bain and Company is one of the best employers in the industry with outstanding corporate culture and benefits. It holds a record-setting four Glassdoor’s Best Places to Work awards, having received the latest in 2019. If you consider the list of awards the company got in 2018 alone, you’ll get an idea of how sought-after Bain & Company positions are:
- The 50 Best Internships and Best Consulting Firms to Work For by Vault
- Employees’ Choice - 50 Best Places to Work by Glassdoor
- #1 Leadership and Culture by CMI / Glassdoor
- 100 Best Companies to Work For Working Mothers by Working Mother
Full-cover health insurance is one of the most significant benefits, as it includes everything from acupuncture and dental to family planning. Maternity and paternity leaves are 16 weeks and even longer for consultancy personnel. Bain and Company ensures its employees have short and long-term leave options to prevent burnout and ensure quality vacation time. There are employee discounts and a legal assistance program in place. Free lunch, snacks, and mobile phone discounts round up an excellent benefits package.
Why Bain and Company might not be the right choice for you? Many employees complain about long hours and regular travels that shift the work-life balance away from family and social life. Some Glassdoor reviews note a highly competitive atmosphere prevailing in the consultancy industry, and it might not be suitable for you.
Non-consultant employees emphasize the different treatment they receive in the workplace, as many managers consider them non-essential personnel. The lack of diversity may also be an issue, as some current employees note the majority of the workforce consists of white males.
How to Get a Job at Bain & Company?
At any time, there are dozens of Bain and Company jobs available across their offices. However, you land a dream job, you’ll need to go through two or more interview rounds.
According to Glassdoor reviewers, the case interview is the most common format. It means your interviewer will ask a couple of general questions and present you with a business case from their experience. You need to analyze the data, troubleshoot, and offer possible solutions. Some offices use the written case interviews. You’ll review a presentation and get up to an hour to review it and provide your solution to the problem. You’ll then have 40 minutes to present and discuss it with the interviewer.
You can expect at least two rounds of interviews with Bain and Company. The first round is usually by phone and lasts 30 minutes, while the second round can be both remote and face-to-face.
Use the Bain & Company careers page to learn more about the experience and case interviews, as well as other formats. You’ll find useful advice and recommendations on what your meeting will entail, what you should remember when formulating your answers, and how to get into the right mindset. Treat your experience as a business discussion and pay attention to the clues your interviewer drops to help you find the right answers.Before you get an interview invitation, Bain and Company will need your resume and cover letter, whether you apply online, through a referral or your school. There is no need to agonize over your application when you can simply pay for resume writing services. Our professional writers will craft a job-winning package that will secure you the desired position. Let us translate your resume into HR-speak today!