What does MBB stand for?+
McKinsey, BCG and Bain: McKinsey & Company, Boston Consulting Group and Bain & Company. It is industry shorthand, and none of the firms uses it about itself.
Is MBB the same as the Big Three?+
Yes. Both names mean McKinsey, BCG and Bain. The Big Four is a different group: Deloitte, PwC, EY and KPMG.
Which MBB firm is the best?+
There is no official answer, and the right one for you depends on the office, the people and the work you want. One published list ranks firms as places to work: the 2026 Vault Consulting 50 for North America, published February 11, 2026, put Bain first and BCG second.
How much does MBB pay?+
Median base for an undergraduate hire is $112,000 at McKinsey, $110,000 at BCG and $112,000 at Bain, and for an MBA hire $192,000, $190,000 and $192,000, in US H-1B filings from January 2025 to June 2026. Bonuses come on top. Our McKinsey, BCG and Bain salary pages have every level.
Are Big 4 firms part of MBB?+
No. Deloitte, PwC, EY and KPMG are the Big 4. Their strategy arms, such as Strategy& and EY-Parthenon, hire through case interviews too.
How many people get into MBB?+
None of the three publishes an acceptance rate or the number of applicants. Treat any figure you see as an outside estimate.
Can I apply to McKinsey, BCG and Bain in the same year?+
Yes. Each firm runs its own application with its own deadlines, so you apply to each one separately.