deloitte s&o or oliver wyman gmc

offers between the two, both major east coast offices.... which places better into h/w/s???

I know OW has the direct to partnership model, but if you really wanted to go to b-school -- which is better?

also, which has higher quality work -- i.e. more strategy, F50 clients?

 

I would say OW, less implementation projects if I'm not mistaken. These are the breakdowns for 2013 MBA classes at HBS: http://poetsandquants.com/2011/08/15/top-feeder-companies-to-harvard-bu… Wharton: http://poetsandquants.com/2011/08/07/top-feeder-companies-to-whartons-m…

These stats are for the entire companies, so for Deloitte it's out of 180k+ employees and for Oliver Wyman is out of about 3k employees. I'd say Oliver Wyman may be the better bet, especially if you're looking to get into finance later (after B-School).

 

NewEngladah, you do realize that the OP pointed out Deloitte S&O and not the entire firm, therefore you using 180K employees really isn't a fair representation at all considering I'd venture to guess S&O represents 90% of all Deloitte's placement into top MBAs.

Apples to apples comparison would only account for the # of S&O employees vs # of Oliver Wyman employees.

 

OW (as a current employee), top MBA placement is very good from what I've seen of my peers and in talking to my friends at Deloitte S&O, far more OW work is strategy. I'd say OW also presents a better chance for you to move quickly in your career and advance if you're a top performer, while Deloitte will advance you along with the rest of your starting class for the most part

 

Sounds like you're leaning OW. If you're looking to go to law school in a few years, the extra cash OW will pay you might be work more than the extra training / more diverse experiences you'll get at Deloitte. OW does more strategy work. Deloitte is also probably better at work-life balance and firm opportunities. They seem to be pretty equal on the "prestige" factor, although OW hires less so you'll have that going for you I suppose.

This was recently discussed here - http://www.wallstreetoasis.com/forums/strategy-vs-deloitte-so-vs-oliver…

 

OW has a couple of focus industry in which they are very strong and where most of there projects are in. Financial services is one of them. If you have no interest in Financial Services, you should see if you like the other industries they focus on in the US (Aviation, Healthcare,...). If you like them and if you can see yourself doing most of your projects in these areas, I would say go for OW.

If you don't, you might be more happy at a more generalist place such as Deloitte S&O. Prestige-wise they are both great firms, In my opinion, OW is a notch stronger (reputation and exit-op.-wise), however a large part of that comes from their very good reputation in FS which you don't seem to be interested in.

 

Both great firms. Congrats on the offers!

  1. OW loses to S&O when it comes to work-life balance. OW people tend to work notorious hours, but they also get paid some of the highest total comp.
  2. Share of strategy work will be similar with OW having an edge.
  3. Deloitte S&O wins on diverse industry opportunities. OW is focused and excels in a few areas (FS, healthcare..)
  4. Prestige is similar.
  5. No idea. I'm assuming most law schools would look at them similarly as business schools would.
  6. This would be something to ask recruiters at both firms to get a better understanding of.
 
  1. Work life balance Not sure, can't comment.

  2. More strategy work This is a pretty broad factor. Not sure who does more, probably even.

  3. Diverse industries Would bet my money on Deloitte S&O. Easily half of OW is doing financial services (read: risk, capital stress testing) work. They have other focus industries but much smaller than their risk work.

  4. More prestigious Probably equal.

  5. Grad school - would like to go to law school in 2 years. Probably same, although do factor in that OW talks a lot about promoting from within. This may mean there's less support for grad schools, can't confirm.

  6. Interesting firm opportunities, and likelihood of getting these resources (e.g. volunteering while getting paid, taking a sabbatical, externships, etc) Probably equal.

Net-net, I'd likely pick Deloitte, if only for having the opportunity to work on a variety of project types/ industries (one of the more appealing factors of consulting, to me at least). Congrats and good luck.

 
Canadiens16:

Oliver Wyman is definitely more likely to get you laid by British chicks (because Oliver! is such a great musical) but Deloitte bros are more likely to get your back when you get in a bar fight at 2 am in Times Square so it's really a toss-up.....

Lmao!

OP, go to Deloitte S&O, and definitely do not go to law school unless you feel it's your life calling.

"You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right." -Warren Buffett
 
Best Response
  1. Work life balance - Better at Deloitte
  2. More strategy work - Probably equal. Most of FS work at OW is not strategy (a lot of risk/CCAR) and a lot of S&O is operations
  3. Diverse industries - Better at Deloitte
  4. More prestigious - OW (look at the schools each recruit from)
  5. Grad school - would like to go to law school in 2 years. - Not sure about law school but Deloitte encourages bschool while OW is only beginning to warm up to it (you don't need an MBA to get to partner)
  6. Interesting firm opportunities, and likelihood of getting these resources (e.g. volunteering while getting paid, taking a sabbatical, externships, etc) - Good at both
 

I'm sure it's possible, but I'm guessing it will be hard right now to break into either as a lateral.

There have been posts here and on r/Consulting about Deloitte laying people off and freezing their hiring. If true, I have to think that laterals are the first thing they will cut back on (campus hiring bring more important from a future relationship perspective). With that said, I think you'd have an easier time if you stuck around your Big 4 Firm for another 1-2 years, got some great recommendations lined up, and went to a top 20 b-school.

Having just went through second-year MBA recruiting I can tell you that both Oliver Wyman and Deloitte are hiring MBAs.

 

LEK does a ton of PE work, fairly big in that space. Exit opps seem to be decent in PE also.

OW is heavily weighted towards FS, specifically risk. Their other specialties are healthcare and aviation. Projects certainly exist outside of that but I think majority are between these industries.

Deloitte S&O - not sure if they have a specialty by industry. Kind of all over the place, I think.

Ultimately, between these three my vote would be OW NYC for brand, location, and comp (hear OW is better).

 

How are you possibly qualified what culture is "best"? This is just absurd levels of Deloitte pushing. Exit opps to both B-School and Industry are at BEST comparable to OW/LEK, and often are worse due to the types of project you will take on at Deloitte.

OP, I would lean towards OW if prestige is more important to you, LEK if you interested in PE. Boston would be better for the industries you mentioned than NYC.

 

Congrats on the three offers! All three of these firms have alumni presence at MBA business schools ">M7 including HSW, and do a pretty good job of getting you there. In terms of PE exit ops, from what I've heard OW and LEK are more focused in those areas. With that being said, both LEK and OW are considered to be brutal when it comes to hours. You are more likely to work more hours at these two firms than you are at Deloitte. At the business analyst level you're also going to be getting a wider variety of experiences do to the way Deloitte staffs it's BAs. In terms of prestige, I believe OW > S&O > LEK

 

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