After How Long Should You Apply to Mckinsey & Co Again After a Rejection
McKinsey reportedly receives more than a 1000000 applications per yr and hires less than 1% of them. The Top iii consulting firms are among the ten near selective employers in the world and it is notoriously difficult to receive a job offer.
In reality, most of the choice is washed at the resume stage where the vast majority of applicants are rejected. Once you're invited to interview, y'all have effectually a one in eight chance of getting the chore.
However, these numbers hide very unlike realities.
Although the top consulting firms claim they will hire anyone who meets their bar, in reality, they do not escape the constabulary of supply and demand. The ratio betwixt the number of candidates and the number of available slots will vary a lot depending on the role, location, recruiting channel, and even the time of the yr. And the functioning bar required to get an offer will move appropriately.
The part you apply to impacts your chances of success
As a rule of thumb, the generalist consulting roles in the master English-speaking offices are going to be the most popular and therefore selective. This includes New York Metropolis, San Francisco, Boston, London, and Singapore. These offices are in attractive locations to live and piece of work and they do a good variety of client work. Plus, a much higher number of people can apply because a lot of people can speak English, whereas local offices in countries such as Deutschland, Mexico, or Japan have fewer applicants since fewer people can speak the local language.
In addition to the popular English-speaking geographies, the offices in highly populated countries where consulting is seen equally a top profession are very competitive too. Bharat and Prc are swell examples of this, where there is a big number of potential applicants and only a small number of roles available.
The timing of your application influences your chances
The number of hires made at each office and house will vary yr to year depending on how quickly the office is growing. The number will also vary within the year depending on how many consultants have already been hired and how close the role is to meet its recruitment target.
If y'all're unlucky plenty to use at a fourth dimension when the function is already very close to its target, you lot may get rejected despite coming together the bar.
Therefore, in reality, top consulting firms will rent based on targets and do not simply hire everyone who meets the bar. They will do their best to discover the best talent available to meet those slots, which means only those who stand out receive an offering.
Some roles are more competitive than others
Finally, specialist roles are typically less competitive than generalist roles. This is considering there are fewer people who have the relevant groundwork for a specialist role, are interested in consulting, and have prepared properly enough to laissez passer the challenging example interviews.
If you're interested in joining a top consulting firm as a specialist expert, make certain to read our article on the differences betwixt generalist and expert consulting roles hither.
How to make sure your application is the best it can be
Existence smart near when and where you utilize is important because these nuances volition touch on your chances of receiving an offer.
To give yourself the all-time chance of applying at the correct time and to the right role, we recommend finding the demand for consultants in the office(s) you're applying to, speaking with insiders to notice the all-time fourth dimension to use, and understanding which offices and roles you should apply to.
Second, given that the resume screening is where the vast majority of candidates are rejected, it's important to invest time in creating the best resume possible so yous don't land on the wrong pile.
To make certain your resume doesn't allow you down, check out our Free Resume and Embrace Letter courses.
Source: https://casecoach.com/b/how-selective-are-bain-bcg-and-mckinsey-through-the-application-process/
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