BearingPoint Interview Preparation – Mystery or History?


BearingPoint started at the height of the consulting boom years in the late 1990s, and was a part of KPMG’s worldwide consulting practice. However, after the ENRON scandal erupted, SOX restructured the consulting industry, and BearingPoint battled to find its own way in the world, the firm struggled with its independence from its Big 4 parent.

However, today BearingPoint is emerging as a player in the operations and technology scene, especially in Europe, and has re-established an impressive growth trajectory. Preparing for a BearingPoint interview? Read on to discover interesting nuances of culture and competence that are unique to the global consulting firm.


BearingPoint Website:
BearingPoint Headquarters: Amsterdam, Netherlands
BearingPoint Employees: 3,350
BearingPoint Locations: 30 Countries, 51 offices
BearingPoint Chief Executive: Bob Hennessy
BearingPoint Revenue: $650M
BearingPoint Engagement Cost: $300K


BearingPoint’s origins began in 1997 simply as a consulting business unit of KPMG. This consulting business unit focused on both technology and management. In January 2000, KPMG made the business unit a separate company. They named it KPMG Consulting, LLC. On February 8th, 2001, KPMG Consulting, LLC, went public on the NASDAQ starting at $18 per share under the ticker “KCIN”. Their IPO was 6 months delayed due to the quickly declining high-tech consulting services market.

Shortly after going public, the new KPMG Consulting, LLC management announced their intentions of some aggressive international acquisitions funded by their new IPO. They repurchased $381.3 million in stock from their former partner Cisco Systems and, over the next year and a half, acquired 40 international subsidiaries from Arthur Anderson, who had just collapsed, and the German and Austrian consulting firms of KPMG. The acquisitions and stock repurchasing took a large chunk of the $2B raised by the IPO. This was just the start of financial and debt problems.

On October 2, 2002, after the Sarbanes-Oxley Act was passed, the company rebranded their name to BearingPoint Inc., and promptly  began trading on the New York Stock Exchange under the symbol “BE”.  This way, they could avoid any scent of a conflict of interest with KPMG, LLP and maintained a completely separate ownership structure.  BearingPoint quickly became one of the world’s largest management and technology consulting firms with operations in more than 60 countries and employing more than 17,000 employees worldwide. The re-branding campaign cost them $50M – a small price to pay for major independence.

The Sarbanes-Oxley (SOX) Act was known as the “Public Company Accounting Reform and Investor Protection Act” by the U.S. Senate, and “Corporate and Auditing Accountability and Responsibility Act” by the U.S. House of Representatives. The United States Federal law set new or enhanced standards for all U.S. public company boards, management and public accounting firms. This allowed for more severe penalties for fraudulent financial activity and required top level management to individually certify the accuracy of all financial reporting. The law gave a greater oversight role to the board of directors.

This bill was passed in answer to all the financial scandals going on at the time like those of Enron, Tyco International and others, whose investors lost billions of dollars. One of the key SOX impacts on consulting was the mandated “ethical wall” that was enacted – a firm could not both audit and consult for the same company, because it was considered a major conflict of interest.

In 2003, BearingPoint, Inc. was still using the old software from KPMG to handle all of their accounting and human resource functions. This software did not have functionality in line with the internal control requirements of the SOX Act nor was it intentioned to handle a public company’s needs. BearingPoint was also in the midst of integrating all of its international acquisitions into the old system. In order to comply with the SOX Act before facing penalties they began rolling out their “OneGlobe” system which was to record and keep track of all their contracts worldwide. Unfortunately, in 2004, soon after the rollout of this new accounting system, complaints began rolling in with issues.

In May 2004, BearingPoint reported a valuation decline of 61%. They tried to explain numerous reasons for the decline like difficult European labor laws restricting them from laying off consultants, and that corporate spending on consulting and technology services were radically dropping. However, their financial issues began following their IPO and the multiple lawsuits that followed from KPMG. Their accounting problems and lawsuits would continue until 2009 when the U.S. business unit filed for Chapter 11 Bankruptcy.

In August 2009, there was a company management buyout and restructuring. Now, BearingPoint is operated as a Netherlands-based partnership which consisted of 120 partners in 14 countries throughout Europe. BearingPoint kept its branding and employed 3,500 people in the European region. Peter Mockler and his management team, who had been the EMEA leadership for BearingPoint in 2006, continued to lead BearingPoint. This leadership has brought much better stability and continuity to the business.

Two new partnerships mark the forward movement of the firm – in July 2013, Bearing Point opened a new office in Shanghai, China and in November 2013, Bearing Point and Cumbria Financial Services Consulting agreed to a Strategic Consulting Alliance.


BearingPoint partners with the major technological suppliers, like Hewlett Packard, IBM, Microsoft, Oracle and SAP, to develop solutions and strategies suiting their clients’ requirements.

Practice Areas

  • Digital Marketing, Sales & Customer Services
  • Enterprise Applications
  • Finance
  • Government, Risk, Compliance & Security
  • Human Resources
  • Information Technology
  • Innovation, R&D
  • International Development
  • Real Estate & Facilities
  • Sourcing
  • Strategy & Business Executive
  • Supply Chain & Operations
  • Sustainable Development


  • Air Transport
  • Automotive
  • Banking
  • Capital Markets
  • Chemicals & Life Sciences
  • Defense
  • Government
  • Healthcare
  • Insurance
  • Logistics
  • Manufacturing
  • Media
  • Natural Resource
  • Postal
  • Rail Transport
  • Retail
  • Telecom
  • Utilities

Office Locations

BearingPoint has 51 offices in 30 different countries across the globe. In a number of countries, BearingPoint’s offices are shared with those of other firms. For example, in all the US locations (except for Dallas), BearingPoint works in partnership with the West Monroe Partners.


  • Shanghai, China
  • Shenzhen, China
  • Jakarta, Indonesia
  • Tokyo, Japan
  • Seoul, Korea
  • Kuala Lumpur, Malaysia
  • Singapore
  • Taipei, Taiwan
  • Bangkok, Thailand
  • Abu Dhabi, United Arab Emirates
  • Dubai, United Arab Emirates


  • Vienna, Austria
  • Graz, Austria
  • Brussels, Belgium
  • Copenhagen, Denmark
  • Helsinki, Finland
  • Paris, France
  • Berlin, Germany
  • Dusseldorf, Germany
  • Frankfurt, Germany
  • Hamburg, Germany
  • Leipzig, Germany
  • Munich, Germany
  • Stuttgart, Germany
  • Walldorf, Germany
  • Dublin, Ireland
  • Casablanca, Morocco
  • Amsterdam, Netherlands
  • Oslo, Norway
  • Warsaw, Poland
  • Bucharest, Romania
  • Sibiu, Romania
  • Moscow, Russia
  • Stockholm, Sweden
  • London, United Kingdom

North America

  • Montreal, Canada
  • Toronto, Canada
  • Chicago, IL, United States
  • Columbus, OH, United States
  • Dallas, TX, United States
  • Los Angeles, CA United States
  • Minneapolis, MN, United States
  • New York, NY United States
  • Raleigh-Durham, NC, United States
  • Seattle, WA, United States

South America

  • Buenos Aires, Argentina
  • Tandil, Argentina
  • São Paulo, Brazil
  • Curitiba, Brazil
  • Santiago de Chile, Chile
  • Bogota, Columbia

Career Path

Business and technology graduates have the opportunity to join BearingPoint as analysts. They move on to consultant and then on to senior consultant levels. The BearingPoint management path includes 4 levels starting with manager, leading to senior manager, director and, ultimately, partner.

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You can speed up your career progression by targeting particular topics that you want to pursue and specialize in – working in specific industries or practice areas, especially those in high demand, can accelerate your career. BearingPoint works with employees to craft a mutually beneficial career plan.

All new hires start by attending “BearingPoint School.” This is an international training week to learn more about the company and build a personal network within the firm.


There are summer internships in Stockholm, Sweden and Oslo, Norway. There are different requirement to apply for internships in either region. Sweden requires you to be fluent in Scandinavian. This would include Danish, Swedish and Norwegian languages.

You will be working on various client engagements and will be on a team of experienced consultants to learn from. It is a young, fast-paced environment seeking interns with great analytical, leadership, creative and social skills.

Exit Opportunities

Like its counterparts such as Capgemini and Accenture, exit opportunities from BearingPoint are largely determined by the work you complete while inside the firm. If you work in operations for oil & gas, your exit opportunities will fit squarely in that field. If you work with tech or Six Sigma in supply chain, you can expect your exit opps to be in line with these core competencies.

Don’t expect too much of a global network – there isn’t a tremendous amount of brand loyalty (yet) for ex-BearingPoint consultants, most likely due to the firm’s unstable 15-year history.


Most agree that the work/life balance at BearingPoint is great. It is a very competitive environment that challenges and inspires you to increase your skill set. Lots of excellent training is available and other co-consultants are very helpful.

Bonuses seem to be infrequent. Most desired more transparency in performance plan assessments.  The management style greatly varies throughout the organization and regions.

If you’re interested in CSR, check out some interesting initiatives you could get involved in while working at BearingPoint. The firm demonstrates a commitment to social responsibility by partnering with the following organizations:

  • The Desertec Industrial Initiative (Dii) created by the non-profit organization Desertec Foundation. BearingPoint is involved in addressing global environmental changes particularly in reference to sustainable energy.
  • Plan International – This organization promotes children’s rights. Bearing Point provides pro-bono services and fundraising support in Norway and Switzerland.
  • Cardiac Risk in the Young (CRY) – Organization providing education, screening and support to those with serious cardiac conditions. Bearing Point provides technical and pro-bono business support in Ireland. They also organize various charity runs and other social events for fundraising efforts.
  • Impetus Trust – Their focus is on growing already expansive European and global charity investment ventures. BearingPoint provides pro-bono business and technical support in the UK.
  • Great Ormond Street Hospital – BearingPoint UK helps raise funds.
  • Institut Montaigne  – BearingPoint participates in this group in France to specifically focus on European energy policies and the future of management schools.
  • Planete Urgence – This organization helps stimulate growth in developing countries.
  • Nos quartiers ont du talent – Promote diversity helping young people in disadvantaged areas find employment.

Core Values

  • Passion
  • Commitment
  • Excellence
  • Teaming
  • Stewardship

The firm’s core values are impressive, but not necessarily expressed organization-wide. In fact, there isn’t a clear “BearingPoint brand” yet – but perhaps another $50M investment would be well-utilized in this area?


Most interviewees we’ve heard from say the process takes 1 week. Depending on where you are located and what level you are interviewing for, however, there may be a more varied process. Otherwise, there are up to 4 people you will be interviewing with and it may end up being all in one or two days. Each level interview can take up to 2.5 hours. Questions seem to be rather straight forward such as:

  • What was your greatest failure? How did you handle it?
  • We have offices and clients all over the world, even in dangerous areas. Are you willing to go where needed?
  • What are your 3 primary growth areas?

With such a focus on consulting fit interview questions, be extra prepared with Hero Stories and details about why BearingPoint is the firm for you.

Target Schools

BearingPoint recruits students from the top business management schools around the world, but has had an inconsistent presence at many due to its own internal drama. We can expect more clear partnerships to emerge in the future.

The one core target school, interestingly enough, is the Yale School of Management.

If BearingPoint comes to your school to recruit, let us know!


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  • Ashley White

    It’s important to note that in 2009 Deloitte bought the North American public services unit of BearingPoint for $350 million in cash