How will the MBB lateral hiring frenzy affect 2022 ft recruitment?

Obviously no one has a crystal ball, but curious what y'all think. Will the mad hiring spree you see on fishbowl continue going into the fall? Or, will MBB think that they are over capacity and cut back? 

(this is about undergrad fulltime recruitment for rising seniors)

Region
 

My guess is it won't impact it too much. OCR decisions are made almost a full year out and are more strategic than tactical, so volume shouldn't be based on current need.

 

A5s

My guess is it won't impact it too much. OCR decisions are made almost a full year out and are more strategic than tactical, so volume shouldn't be based on current need.

Is this the same clueless freshman who was asking about the “landscape”?

 
Most Helpful

Current hiring frenzy is specifically to address huge short term demand for staff + under recruitment from last year's FT recruiting season + greater than normal levels of attrition due to WFH burnout

my guess is this upcoming recruiting cycle will be similar to 2019 but slightly higher 

 

Tempore provident laudantium et eos voluptas. Perferendis aliquam illum iusto tenetur natus eum. In modi velit rerum in. Reiciendis facilis et ipsam est officiis exercitationem.

Cupiditate libero repellendus cumque sed praesentium. Ducimus ea quisquam soluta quasi. Enim facere sapiente est omnis ipsum.

Asperiores sed modi vitae libero sequi. Doloremque exercitationem dolorum omnis aut id explicabo. Itaque veniam dolor optio culpa eveniet eos ut adipisci.

Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (588) $119
  • 1st Year Associate (539) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (345) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (190) $83
  • Intern/Summer Analyst (552) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”