Bain & Co is headquartered in Boston, Massachusetts allowing a close relationship with business schools to recruit the brightest and best MBA graduates from the region.
The Massachusetts area is famous for sixteen notable top notch business schools including Harvard University, MIT Sloan, Dartmouth and Northeastern D'Amore-McKim School of Business.
Bain & Co is one of the big three consulting firms, established in 1973 by several former partners from the Boston Consulting Group; the firm suffered a period of non-competitive business practices that was later corrected and the firm has reestablished itself as an industry leader.
It could be strongly argued that a management consulting firm that has filed for bankruptcy protection possibly shouldn't be charging for business advice when they can't make their own business work.
Notable former consultants include presidential nominee Mitt Romney, current Hewlett Packard CEO and former eBay CEO Meg Whitman, Jetstar CEO Jayne Hrdlicka and former Harvard Business Review editor Suzy Welsh.
Needless to say, human capital is the major asset of any business and high flying former consultants enhances the reputation of Bain & Co.
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