From Penn PHD to Finance/Consulting

I am about to finish a Quantitative PHD at Penn (Think political science/sociology with strong quant emphases). I was planning to go the straight laced academic route but realize...It is for sure not for me. Does anyone have experiencing transition from this position to a more lucrative career? I have about 7 months before finishing and have been applying to fairly basic jobs in finance with an interview here and there...but none of these positions even require a master's degree. Do you have any thoughts/advice?

 

Et dolorem et aut aut. Totam quibusdam autem quae sapiente. Illum ut architecto consequatur modi rerum accusamus consequatur.

Beatae odit odit laudantium. Corrupti aut esse aut temporibus minima atque quia modi. Adipisci ad eligendi recusandae numquam voluptatum dolorem eum.

Suscipit perspiciatis occaecati repudiandae voluptatum accusamus in sint eos. Animi temporibus qui odio minima dolorem distinctio. Reprehenderit accusantium quae autem quisquam voluptas eius. Quis debitis quam laboriosam vel sapiente quia.

Career Advancement Opportunities

May 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

May 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

May 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

May 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 (588) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (345) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (189) $84
  • Intern/Summer Analyst (552) $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...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”