Oliver Wyman vs. Deloitte S&O
Which firm is better? The things that I care about (in order) are:
- interesting work
- work life balance (obviously I know both are bad, but which is worse?)
- ability to travel internationally
- career progression
- comp
Made the exact same decision a years ago and went with OW. Specifically regarding your questions: - if you are into Quant work OW does some really interesting work. Can't speak to S&O but our work is largely Quant + long term contracts. Short strategy projects are becoming rarer - WLB at OW depends on the office. In NYC office I've seen average of 55-60hrs/week. In other offices focusing on non-FS cases its closer to 50 - International projects are hard to come by, but I have known of a couple of classmates who've actively lobbied and got staffed on in Europe/ME. Highly business needs dependent - Promotions are fast up until the EM level. High performers take 4 years to make EM - Comp is fantastic for the first 3-4 years if you are a high performer. I've compared against my S&O classmates for comp and it's not even close for the first 3 years or so. If you are a high performer you can expect 100-135-170-190 for total comp over your first 3 years
I didn’t know consulting paid that much.
That's definitely the higher end of the spectrum, the average all-in comp is closer to 85-90k, so he must REALLY be a top performer.
Hi there,
The Quant/Long-Term work certainly does sound quite unique at Oliver Wyman. How does this shape your exit opps, what do their look like if ST-strategy projects are less common? Does it lend itself moreso to in-house real implementation roles? Really have no idea here
Traditional Corp-start exit opps, while still popular, are less common than other similar firms from what I've seen. But a lot more data-type exits (E.g. Data scientist) into tech companies
OW if your a pre-MBA and Deloitte S&O if your post-MBA. The MBA sponsorship is a game changer; also Deloitte has a lot of great internal exit opportunities that would probably be more attractive to a mid-career person. OW on the other hand gives you better access to finance exit options for those willing to grind it out for a few more years.
Can you expand upon these finance exit options? It would make sense given their specialism but I personally haven't seen it play out on LinkedIn scans with strong finance exit opps
Amet saepe voluptas accusamus repellendus et et. Sed molestias rerum dolores distinctio id cupiditate. Vitae ad et nam a inventore sed.
Dolorem a placeat laudantium praesentium possimus placeat. Velit sed consequatur suscipit omnis officiis. Enim iusto vel eum vitae perferendis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...