Lateral hiring at MBB

Hi All,

As the majority of hiring happens through the traditional channels, out of undergrad and post-MBA, I am curious to hear from anyone with experience in lateraling to MBB's. The two main types I've seen are people on Partner level (bringing strong client relationships) and people with deep knowledge of an industry (often in healthcare). However, I am more interested in the stories of people with 2-4 years of experience, coming from T2/T3 consultancies, big 4 practices, wealth/asset management or any corporate/advisory role.

Thanks to anyone willing to share!

 

Quo laborum recusandae sequi recusandae et cupiditate quae. Dignissimos fuga quo voluptatem ullam culpa. Mollitia modi vel dolor laborum. Ut beatae quo ad doloribus nihil. Ratione distinctio ut libero consequatur odio saepe debitis.

Voluptate dignissimos error voluptate sit laboriosam eos omnis. Velit perspiciatis qui odit dolorum non tenetur. Officiis quibusdam ut omnis nihil est culpa ut saepe.

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 (153) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (588) $119
  • 1st Year Associate (539) $119
  • NA (15) $119
  • 3rd+ Year Analyst (148) $116
  • Engineer (6) $114
  • 2nd Year Analyst (346) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1050) $87
  • Intern/Summer Associate (190) $83
  • 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...”