Written by Oussama Atlassi, founder of StratMachina
Updated on October 27, 2023
Mitt Romney (ex-CEO of Bain, founder of Bain Capital and ex-Republican presidential candidate), Meg Whitman (ex-CEO of Hewlett Packard, ex-CEO of Ebay, ex-CEO of Ebay, elected 1st businesswoman in the world by Fortune in 2004), Greg Brenneman (ex-CEO of PwC, ex-CEO of PwC, ex-CEO of Burger King), Kevin Rollins (ex-CEO of Dell Inc) and the list of prestigious alumni of Bain & Company is still long. Founded in 1973, Bain & Company is a consulting firm that attracts the best talent on the job market every year.
Discover our Top 3 reasons to make Bain your next career step.
It may seem a bit cliché, but all the current consultants and Bain alumni with whom we spoke mentioned the famous phrase:”A Bainie Never Lets Another Bainie Fail“. It illustrates a cardinal value within Bain, experienced by all those who have had the chance to work for this company. The company's particular human culture is perpetuated by its members over the generations: a”Bainie“will find support in case of difficulties. Les Bainies are ready to face the difficulties that everyone faces. Bain is undoubtedly the MBB trio firm that is best known for its ability to build very strong professional and personal relationships between its various cohorts of consultants. The Bain World Cup - an annual soccer tournament that has lasted for over 30 years and brings together 25% of the world's Bain workforce in a single city - is a perfect example of how Bainies stand out for this spirit of camaraderie, challenge and fun.
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Bain is the youngest and smallest firm in the MBB trio. Their founder - Bill Bain - left Boston Consulting Group to found Bain & Company in the 1970s based on a key principle:”Results, not reports“(Results, not reports). This “result-driven” approach has allowed Bain to invest in the success of its clients by aligning their compensation model with the results achieved by their customers. This unwavering desire to do what is best for their clients, employees, and communities is reflected in the passion, honesty, pragmatism, and team spirit that consultants demonstrate every day. It's hard to show that you understand Bain culture without talking about the”True North“(True North).
You won't be able to spend a bit of time at the firm without being exposed, in one way or another, to their Private Equity practice. Bain leads to Due diligence side buyers and sellers for the largest Private Equity funds and has a dedicated Private Equity Group (PEG) in which you can be mobilized. Although the pace of these missions is intense, it is a great opportunity to make rapid progress, on high-level subjects, and to be able to understand any industry and business more calmly. Many candidates and consultants appreciate spending time on this type of mission because it also provides excellent exit opportunities. This importance of Private Equity in Bain's expertise is also seen in the creation of Bain Capital, a Boston private equity fund founded in 1984 (in particular by Mitt Romney). The two structures are independent and Bain Capital does not offer advisory services to its clients. If you are considering an application for strategic consulting, if you want to have a quick learning curve and if you want to learn more about the professions of Private Equity (private equity), Bain is the firm for you.
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