Big 4 FRM vs. LDP

Hey everybody,

I'd like a little help making a job decision. I've got two offers: one is a financial risk management consulting job with a Big 4 advisory (think EY, PwC), and the other is an LDP with a mid-to-large sized tech firm (~$2B revenue). My main early career goal is to get me into an M7 and from there to MBB. I have solid but not fantastic grades (3.65) from a top 20 university that is a target school for consulting and a semi-target for banking. I took a practice GMAT and got a 700 with no preparation (I plan on putting in months of prep and hopefully getting a 730+).

A few key points about the jobs:
Both are in mid-sized cities with low cost of living
Big 4 - ~70k all-in, consulting travel perks, international transfer opportunities (something I could see myself doing), decent culture fit
Tech firm - ~90k all-in, some travel (international possible), LDP includes FP&A, marketing, business development, and ops rotations with some ability to customize based on interest, was told by company CFO that the goal for the LDP is for you to enter management in 2 years and become an executive in 10 years, good culture fit

What do you guys think?

 

Nostrum iure et ipsum temporibus id inventore. Accusantium totam est odit suscipit. Officia facere nisi et ducimus dolorum vitae.

Voluptas illo sint quia odio. Possimus cumque architecto sint nulla et porro. Est numquam reiciendis quae et nemo.

Aut necessitatibus quam blanditiis quisquam corrupti. Omnis tenetur aperiam voluptatem voluptatem dignissimos et. Excepturi sint laborum eveniet non sit. Eaque et sed cupiditate occaecati et mollitia distinctio.

“Elections are a futures market for stolen property”

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 (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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
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...”