Complete Guide to Consulting Graduate Scheme Applications 2027
Everything a final year student needs to know — application strategy, the McKinsey Solve and BCG tests, case interview preparation, and what to expect in your first year as a consultant at McKinsey, BCG, Bain and other top firms.
Used by students applying to McKinsey, BCG, Bain and 20+ other consulting firms
In this guide
- 1What a consulting graduate role is
- 2The 2027 consulting graduate scheme timeline
- 3The application
- 4Free CV checkerFREE TOOL
- 5Online tests
- 6Free psychometric practiceFREE TOOL
- 7The case interview — the centrepiece of consulting recruitment
- 8Free HireVue practiceFREE TOOL
- 9The interview rounds
- 10Firms and deadlines
- 11Frequently asked questions
Section 1
What a consulting graduate role is
A graduate role in consulting (called "Business Analyst" at McKinsey, "Associate" at BCG and Bain, or "Analyst/Consultant" at Big 4 firms) is a full-time position that starts after you finish university. You join a consulting team and work on client projects from day one, supported by formal training and mentorship.
At MBB firms, the graduate role typically lasts 2–3 years before promotion to the next level (engagement manager at McKinsey, project leader at BCG). The work involves analysing data, building presentations, interviewing stakeholders, and contributing to strategic recommendations for Fortune 500 clients.
Consulting graduate roles offer some of the strongest career acceleration available. After 2–3 years, consultants move into senior roles within the firm or exit to leadership positions in industry — corporate strategy, PE-backed companies, startups, or MBA programmes at top business schools.
Most graduate positions at MBB are filled by returning summer interns. Direct applications are more competitive but far from impossible — firms allocate a portion of their class for direct hires, particularly candidates with strong academic records or unique backgrounds.
Who can apply
Final year undergraduates or master's students graduating in 2027
Start date
August–October 2027
Starting salary
£55,000–£70,000 base at MBB (London); £38,000–£50,000 at Big 4
Programme length
2–3 years before promotion track
Acceptance rate (direct)
1–3% at MBB, 3–8% at Big 4
Exit opportunities
Corporate strategy, PE, VC, startups, MBA, or promotion within
Section 2
The 2027 consulting graduate scheme timeline
Graduate applications follow the same timeline as summer internships at most firms.
Do 20–30 practice cases. Develop PEI/fit stories. Build commercial awareness. This preparation period is the single biggest determinant of success.
MBB and Big 4 firms open graduate applications alongside summer internship applications. Apply as early as possible.
McKinsey Solve, BCG Online Case, Bain SOVA, or SHL tests for Big 4. Same formats as summer internship assessments.
Two rounds of case interviews. 4–6 cases total at MBB. Each includes PEI/fit and case components.
Offers communicated within 1–2 weeks of final round.
Training programme followed by first project staffing.
Section 3
How to apply for a consulting graduate role
Your CV
Graduate-level consulting CVs should demonstrate the same qualities as intern-level but with more substance:
Academic excellence remains critical. MBB firms screen heavily on grades and university.
Prior consulting or analytical experience: internships, spring programmes, case competition wins, consulting society projects.
Leadership with measurable impact. Every bullet point should answer: what did you do, and what was the result?
Technical skills: data analysis, Excel modelling, any quantitative tools relevant to your field.
Cover letter
Graduate cover letters should show depth of understanding:
Why consulting and why now? If you are a direct applicant, explain what draws you to the profession based on your experiences.
Why this firm? Differentiate meaningfully between MBB and between MBB/Big 4.
Why you? Connect your strongest evidence to the consulting skill set: structured thinking, communication, leadership.
Application questions
Graduate application questions test deeper commercial and problem-solving ability:
Business problem: "How would you advise a company facing [specific challenge]?" — Show structured thinking.
Motivation with evidence: "What experience has confirmed your interest in consulting?" — Reference specific projects or interactions.
Industry insight: "What trend will most impact [industry] over the next 5 years?" — Show commercial awareness and analytical thinking.
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Section 5
McKinsey Solve, BCG Online Case and other assessments
Graduate online assessments are identical to summer internship tests.
McKinsey Solve
60–70 minutesProviders: McKinsey proprietary
Ecosystem simulation game testing systems thinking and data-driven decisions.
BCG Online Case
45–60 minutesProviders: BCG proprietary
Digital case study with data analysis and strategic questions.
Bain SOVA
40–60 minutesProviders: Bain / SOVA
Aptitude and personality assessment.
SHL (Big 4)
25–40 minutesProviders: SHL
Numerical and verbal reasoning for Deloitte, EY, PwC, KPMG consulting.
Preparation tips
Same preparation as for summer internship tests. If you took them before, refresh yourself with one practice run.
McKinsey Solve rewards systematic thinking. Take time to understand the ecosystem before acting.
BCG Online Case: practise case frameworks before attempting it.
Practice a psychometric test
Consulting analytical tests require a different preparation approach than banking psychometrics. Familiarise yourself with the format below.
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Section 7
The case interview — the centrepiece of consulting recruitment
Case interviews at the graduate level are identical in format to summer internship cases. You will face 4–6 case interviews across two rounds, each combining a PEI/fit section with a case.
The bar may be marginally higher for direct graduate applicants than for returning interns, as firms expect candidates to demonstrate readiness to start on client projects immediately.
Common question types
Profitability
Revenue vs cost analysis of a declining business. Structure, hypothesise, test with data, recommend.
Market entry
Whether and how a client should enter a new market. Assess attractiveness, competition, capability, and approach.
Pricing and growth
How to price a new product or grow a stagnant business. Value-based analysis with market context.
Market sizing
Estimate the size of a market or the demand for a product. Show structured decomposition and clear assumptions.
PEI / fit
Deep-dive into your leadership, teamwork, and impact stories. McKinsey probes extensively — have stories with enough depth for 5–6 follow-up questions.
How firms score your answers
Problem structuring — Logical, MECE decomposition of the problem.
Analytical rigour — Accurate calculations, sound data interpretation.
Communication — Clear, concise narration of your thinking process.
Business judgement — Commercially sensible hypotheses and recommendations.
Composure — Handling curveballs without losing structure.
Practice a HireVue question
Many consulting firms use video interviews for initial screening. Practising on camera develops the structured communication skills essential for case interviews.
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Section 9
The interview rounds
Consulting graduate interviews follow the same two-round structure as summer internship interviews.
First round — 2 case interviews
2 × 45 minutesPEI/fit + case in each. Conducted by managers or engagement managers.
Second round — 2 case interviews
2 × 45 minutesHarder cases with partners. Deeper probing on fit. Final decision round.
How to stand out during the week
Do 20–30 practice cases. This is the single most important preparation step.
Practice mental maths daily in the weeks before interviews.
Prepare 3–4 deep stories for PEI with enough detail for extensive follow-up questions.
At the graduate level, interviewers expect slightly more commercial maturity — show you understand how businesses work.
Section 10
Graduate scheme deadlines by firm
Graduate applications follow the same cycle as summer internships at most consulting firms.
| Firm | Programme | Opens | |
|---|---|---|---|
| McKinsey | Business Analyst | August 2026 | Get alerted |
| BCG | Associate | September 2026 | Get alerted |
| Bain | Associate Consultant | September 2026 | Get alerted |
| Oliver Wyman | Consultant | September 2026 | Get alerted |
| LEK Consulting | Associate | October 2026 | Get alerted |
| Deloitte | Analyst | September 2026 | Get alerted |
| EY | Consultant | October 2026 | Get alerted |
| Accenture | Analyst | October 2026 | Get alerted |
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