consulting

How to Make a Consulting Resumé Before the May 31st BAIN Application Deadline

By Gloria Taylor 1 August, 2023 3 mins read

Bain McKinsey (BCG), and McKinsey (MCKinsey) are all set to announce their application deadlines. If you want to maximize your chances for interviewing with top-tier consultants, make sure that your resume meets the criteria of a consulting job. Make sure to network well before the deadline. Here are some tips to help make your resume consultant-worthy. Read on! These tips can help you get maximum value from your application.

Format for case interview

Prepare for a case interview using the appropriate Bain interview template. This is useful in case the interviewer asks for questions during your presentation. In Bain, it's important to explain the hypothesis you are making based on your limited knowledge. Your answer should be backed by factual evidence to demonstrate your reasoning and analysis. These questions will help you to understand the problem.

While the first step of Bain's application process has been less formalized in recent years it still contains lots of specialized content. Make sure your cover letter is tailored to Bain. After you have sent your cover letter, an online assessment will be conducted. It will consist of both numerical reasoning and logic questions. Bain has its own screening partners to ensure applicants meet the requirements. Bain's screening tests are generally the same as those used by other employers.

Online testing

Bain offices do not often provide information about the Online Test to potential candidates. Although most test centers don't allow calculators to be used, some of the online versions do. The test doesn't normally deduct points for wrong answers, but candidates have reported that the test does. It is important to practice answering questions quickly to pass the test. Here are some tips for passing the Online Test.

The Bain Online Test works in a similar way to the McKinsey PT. Bain Online Test practice questions are highly recommended. While the test can be taken at different offices, the skills required are similar. Practice answering the different types of questions that you will be asked on the Bain Online Test will make you more confident. Moreover, you'll learn how to approach questions during the case interviews.

Experience interview

Bain's experience interview will ask you to recall a meaningful experience. What did you learn from it? What was the hardest part? How did you achieve your goals? What was your solution to this problem? Whether you are applying for the prestigious position as a consultant or just a consulting assistant, it is important to demonstrate the traits that Bain looks for in a consultant. Answer the question "What experience did it directly contribute to the accomplishment?"

You should receive your response within a week or so after you have submitted your application. Two to three 40-minute sessions will make up your second round interview. One session will cover behavioral and fit interview topics, the other two will include case interviews. Bain also uses a written interview for cases in certain countries. This allows candidates to spend 90 minutes studying a 20-page package and completing five pre-made slides.

Networking

Start networking with entrepreneurs and business owners in your area before the May 31st Bain deadline. My friend, a recent graduate from the University of Virginia has started a blog, which has become a hotspot among Bain students. Bain associate consultant was her post-graduation job. Her resume shows her professional growth and achievements. She is also a Pi Beta Phi member.

FAQ

How did modern consulting come to be?

Accounting professionals were the first to become consultants. They helped companies manage their finances. Because they were skilled in managing financial information, they became "accounting consulting". This role quickly expanded to include human resource management.

The French word meaning "to advise" in French is what gave rise to the term "consultant". This term was originally used by businessmen to denote someone who could give guidance on how to run an enterprise. In fact, most business owners today still use the word consultant when referring to any kind of professional advisor.

Can I get a degree as a consultant?

It is best to study a subject well and then practice what you have learned.

So if you want to learn how to become a great consultant, start studying now!

Employers may be reluctant to hire people with a degree, but not the relevant experience. You could still apply if you are able to show that you have the same subject knowledge as the people who were hired.

Employers are always looking for people with real-world knowledge.

What's the difference between an advisor and a consultant?

An advisor provides information about a topic. A consultant can offer solutions.

Consultants work directly with clients to help them reach their goals. An advisor advises clients indirectly through books, magazines, lectures, seminars, etc.

Is it possible that a consultant business can be started from home?

Absolutely! Many consultants do this already.

Working remotely is a common way for freelancers to work. They use tools like Skype, Trello (Slack), Trello, Basecamp and Dropbox. They may even create their own office space in order to take advantage of company perks.

Freelancers may prefer to work in libraries or cafes rather than in traditional offices.

Some choose to work remotely because they are surrounded by their family.

Although working from home is a great option, there are some downsides. However, if you love what you do, it is worth considering.

How does consulting differ to freelancing

Freelancers work as independent contractors and offer their services without the assistance of an agency or company. They usually charge an hourly rate based on how much time they spent on a project. Consultants usually work for agencies or companies that employ them. Their salaries are paid usually monthly or annually.

Because they set their own hours and prices, freelancers are often more flexible than consultants. Consultants, however, often have better benefits such as retirement plans, vacation days, and health insurance.

Why would you want to hire consultants?

There are many reasons you might need to hire a consultant.

You may have a problem or project that your organization needs to solve.
You would like to improve your skills or learn new things
It is important to work with an expert on a subject area
The task is yours alone.
You feel overwhelmed by all the information and don’t know where to begin.
You can't afford to pay someone full-time

You can find good consultants by word of mouth. Ask your friends and colleagues if they know of any trustworthy consultants. Ask your friends and family for referrals if you know someone who is a consultant.

You can use online directories such as LinkedIn to find consultants in your local area.

Statistics

According to statistics from the ONS, the UK has around 300,000 consultants, of which around 63,000 professionals work as management consultants. (consultancy.uk)
67% of consultants start their consulting businesses after quitting their jobs, while 33% start while they're still at their jobs. (consultingsuccess.com)
On average, your program increases the sales team's performance by 33%. (consultingsuccess.com)
My 10 years of experience and 6-step program have helped over 20 clients boost their sales by an average of 33% in 6 months. (consultingsuccess.com)
"From there, I told them my rates were going up 25%, this is the new hourly rate, and every single one of them said 'done, fine.' (nerdwallet.com)