It may be easier than normal to get into McKinsey/BCG/Bain right now
This claim is based on conversations with 4 consultants at these firms in North American and Europe.
I’ve heard two explanations for this:
These firms under-hired earlier in the pandemic.
High churn. A large part of the compensation for these roles are the travel perks, and most consultants are still not traveling for work. I heard that one European office lost 40% of its staff this year.
80,000 Hours recommends investigating other paths before entering consulting, but if it makes sense in your situation now could be a good time to apply.
There was recently a sequence written on management consulting if you’re interested in learning more.
Agree. You can also look at the effective altruism and consulting network homepage for more advice and reach out for career advice. Eac-network.com here are also more considerations whether you should enter consulting: https://forum.effectivealtruism.org/posts/AY9bWEtSgguRC9gTL/considerations-and-advice-on-entering-management-consulting