WSO Weekly Wrap-Up (5/9-5/15)

In case you missed them, here's some of last week's most popular topics:

Why I Quit My Job (a.k.a. "Regrets of Working")
Post By @Alistair-Clark"

I think it's entirely possible to live a life free of regret while working an insane finance job — it just takes a little honesty, planning, and effort.

Below are two activities that helped me take control of my life.
1. Be honest about the current state of your life, and
2. Build systems to protect what's important in life.

Marine Officer/Aviator Ask Me Anything
Post By @flewbye"

I overcame a very average GMAT and a weak effort in undergrad. I'm starting at a target school this fall for my MBA, 95% paid for by GI Bill/Yellow Ribbon plus a monthly housing stipend. While my future career path is far from decided, I do have a solid perspective on a path to an MBA that a lot of the 19-25 year old demographic have considered. So, with all of that said, ask me anything.

Ex-McKinsey consultant here answering questions for at least a couple days
Post By @McK_Throwaway"

I joined McKinsey in a mid-sized office in the US as a Business Analyst out of undergrad (top 5 engineering school). Got the DTA (direct to associate) promotion in 2.5 years before leaving. Ask me anything.

 Q&A 1st year associate sell-side credit research at BB in London
Post By @abrakadabra"

I am a 1st year associate in corporate credit research (publishing) at a BB in London, have been in my current team for 2 years and a half now. The structure of our team is similar to ER, except that each senior analyst covers much more names than an ER analyst. Ask me anything.

 Q&A- Target to megafund Straight out of college
Post By @StructuresOrBust"

I hope to be able to answer some questions from students hoping to break into finance. Particularly, I hope I can dispel the myth that it is impossible to break into a top HF/PE shop straight out of college because quite a few top buyside shops have reached a critical mass where they can host & train sizable analyst classes.

Career Advancement Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

April 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

April 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (551) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

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success
From 10 rejections to 1 dream investment banking internship

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