Cornerstone versus EY Consulting
Hey everyone, I would love to hear your opinions on the prestige, workload and cultures of these two firms. Which one would you go for if you have offers from both?
Thanks
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They're vastly diferent roles as I'm sure you realize. Litigation consulting vs. business consulting.
I can chime in on EY: culture is phenominal and workload isn't bad. You won't travel a ton (same as Cornerstone). Prestige is limited and they basically only do work within the financial sector.
I have to disagree with this statement.
You will travel. Actually, you will travel a ton, depending on which practice you join.
EY FSO focuses on the financial sector, and services clients in this sector.
If you join the general practice at EY you will have exposure to all sorts of industries.
Shoot me a PM with any specific questions.
Hey idonotmatch, are you currently in the EY FSO practice? I just join wso so I am unable to pm :((
Hi, yes I understand that they are extremely different. However, I had little exposure to consulting, therefore I don't know which type is more suitable. Therefore, I would love to hear opinions in terms of prestige, exit opps and MBa placement. To my understanding atm, Cornerstone is more selective? Thanks
^^this is a true statement, FSO is the 'premier' group though from what I understand and I'm unaware of their exposure to other industries.
There's a lot of layers to "EY Consulting"
For undergrads, FSO hires into something called the BAP. This will rotate you between Risk, Performance Improvement, and ITRA (IT Risk and Assurance). However, I use the term rotate very loosely, as it will be driven by what kind of projects are currently being sold. FSO is a good fit for those who are interested in financial services, and want to be staffed on projects at banks.
As for other consulting practices at EY, there's the general Advisory branch. This branch consists of Risk, Performance Improvement and ITRA as well. Whenever EY hires someone, they will be hired directly into one of these three practices (within the three practices, there are sub-practices as well, but that would take quite a bit of time to type up).
The general advisory side is set-up more like your traditional consulting firm, where you would receive exposure across industries. I'm not sure if I would distinguish FSO by calling it the premier group. It's just different. Both practices have their pros and cons. It really depends on the individual.
Shot you a PM.
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Hi, anyone have other thoughts on the two firms? Thanks alot
i know cornerstone doesnt sponsor MBAs. any idea about e&y?
From my experience, EY will sponsor on a case-by-case basis. There's no formal program like the GSAP at Deloitte, or the programs offered by the MBBs, but this isn't to say that EY isn't willing to.
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How is EY consulting comparable to other Big 4's consulting? should I expected them to be similar?
i thought deloitte consulting same as deloitte advisory?
I think he's talking about Deloitte Consulting (S&O, Tech, HC) vs. Deloitte AERS advisory (risk, enterprise, auditing consulting, some other stuff I believe).
At the end of the day, it really depends on what group you fall under. For example, I don't consider EY - PI and EY - ITRA to be in the same light.
However, at a high-level, I think brofalfa sprouts nailed it on the head.
Is EY - PI comparable to Deloitte - SO?
Hard to say. It depends on the types of projects both firms are winning. Deloitte S&O most likely does more pure strategy type engagements (although EY does have a similar group within its own PI practice), however I have heard on many occasions work being won/done by Deloitte S&O that is comparable to EY PI, such as supply chain and customer engagements. I would say that Deloitte S&O probably has a stronger brand (academically) than EY PI, but that shouldn't really be too much of a factor when comparing the two. It will be interesting how the acquisition of Monitor plays into the S&O. At the end of the day, it all depends on what kind of work is being won. They may have different go to market strategies, but if they are winning similar type work at the end of the day, then they may be pretty comparable.
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Hi everyone! Just wondering what everyone's thought on EY's ranking on Vault? in 2012 EY is ranked #1 in Financial Consulting. I assume this refers to EY's performance improvement - Finance group?
How likely is it for someone in BAP to get placed in Performance improvement? I have no background in accounting whatsoever. Is it a lot of networking? Thanks
I know quite a few from Cornerstone, and their SF office places amazingly well into the tech scene and into top b-schools.
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