How is the market currently? Are they really still hiring? I have my BCG R2 interviews upcoming soon in Munich, Germany. However I am hearing very bad things about the actual chances I have right now. Are they still hiring? Who is hiring? Would love a realistic and transparent outlook on the market
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Hiring situation in Germany for entry level positions
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Hi there and congrats on getting to round 2 with BCG! I'm sure you are already doing your best to be super well prepared.
In terms of “are they still hiring”, short answer is YES. There is no hiring freeze in place for MBBs, and for sure not for BCG Europe.
That being said, it is also true that it has gotten more competitive because the intake is expected to be somewhat smaller.
As said, focus now on doing excellent on your upcoming interviews - you've already gotten very far!
Good luck,
Ariadna
Hi there,
The situation is bad but not desperate.
I have candidates both for McKinsey and BCG Germany who are currently interviewing or have finished their interviews last week.
Also, McKinsey Germany opened a new batch of application slots in May.
All the best,
Florian
Hiring is still going on. It's slow, but going on. No hiring freeze, although some interview dates and entry dates are being delayed.
They are also interviewing less people. So if you have an interview and are on R2, you are in a good place. As such, don't worry too much. And if you have a good performance, you may get an offer asking you to start later rather than sooner. Not ideal but… still great :)
Very little.
I'm surprised to read the other answers.
I have candidates who reached out to the German offices to apply now and were asked to wait until autumn.
I would recommend you to do the same.
Don't send blind applications. Make sure they are actually hiring for your target role. And that involves having a short chat or email exchange with the recruiter.
The hiring situation changes rather fast, so it's good to get the most recent info straight from the source.
You might also find the following article helpful when preparing your application:
Best,
Cristian