Deloitte Technology Consulting (SAP) vs Corporate Technology Leadership Program (Rotational)
Hi,
I'll be graduating from university in May with a background in Computer Science, and I'm currently debating between accepting a position in Deloitte's SAP Group or accepting a position in a large, global bank. My long term goal is to achieve a Director level position in a Fortune 500's IT organization. With that in mind, I'm hoping to get thoughts on which opportunity best sets me up to achieve that goal.
A breakdown of the positions are below:
IT Organization in Banking Industry:
Position would be in a program garnered towards developing next generation leaders within IT. It would be a 2-year, 3 rotation based program (example: IT Security, Application Development, Project Management). Pay is 70k a year located in St. Louis, MO with relatively good benefits. Pretty standard, corporate IT organization.
Deloitte SAP Consulting:
I'm not really sure what to expect from this position. I've heard projects ranging in time from 6 months to 2 years. SAP service line wasn't my first choice; I would've preferred to be in TS&A, but SAP is the opportunity I was offered.
I guess my questions go to this:
What are the exit opportunities from Deloitte technology consulting? Are they in line with my overall goal? Can anyone comment on the support BTA's receive for Deloitte's GSAP? What is placement like? Pay for technology consultants coming back from it? Also, how often does it occur that BTA's jump to different service lines?
Thanks!
Just for more information, what level of bank are you talking about? Commercial or Investment?
There's a difference working for TD Bank and UBS. Then there's a difference between UBS and Goldman Sachs.
Sure. To be perfectly clear, the company is Citigroup. Within IT, does it matter whether it's commercial or investment? My thoughts were that having external customer facing applications might make a commercial bank a little bit more appealing than an investment bank would, but I could be completely off on this.
First off, congrats on your offers. I used to be a BTA so hopefully I can provide some answers, as I was looking for the same type of help a few years ago.
In terms of exit opps from the BTA position, I've seen people leave into many different types of industries and jobs. They can range from transfers to other competitors (Booz, Accenture, IBM..), internal IT consulting positions and database administrators at the BB's, strategy consulting with Bain, BCG, and McKinsey, startups that were formed by Deloitte colleagues, government jobs, and even BB FO positions in my case.
As to whether they're aligned to your goal of being a IT director at a F500 company, I think Deloitte's a great launching pad and you'll get a wide array of project experiences. You'll probably have to stay with Deloitte for at least 7-8 years if you want to transfer over to that level of the position in the long term, but the Deloitte brand helped me greatly in my job transfer and would most likely help for you as well. I can't comment too much of starting on the corporate IT rotational program.
Unfortunately Deloitte GSAP is built more for the strategy side of Deloitte Consulting (Don't drink the recruiter's cool aid..) and you will have a disadvantage all else equal in getting into the program vs strategy employees. There's a clear path to business school for them and they're expected to go through that program. On the technology side, you have to make a very strong case as to why it makes sense for the firm to pay for school and how that will benefit the partners and the firm as a whole. More often, I've seen people from the tech side go for degrees in information systems and other non-management scientific degrees. Not to say its impossible though, there are tech employees that get in, but its much more competitive.
The placement from GSAP is very good, from what I've been shown, the acceptance rates at the top 25 B-schools go up around an average of 15-25%. Your GMAT, GPA, letters of reference, interviews, and work experience are the main drivers of your chances, but GSAP definitely will boost your chances if you get in.
PM for compensation information.
I've seen a few BTA's transfer service lines, but that's really dependent on the type of project you're originally staffed on, how you can sell your skill set to a new service line, and your relationship with upper management on the side you want to transfer into. The way the firm's setup, is you basically have to convince that PPD that you're so impressive that he's willing to transfer you over to his cost-center which will then cause him to indirectly be paying your salaries and any other expenses you incur. Its a hard sell and HR generally likes to prevent this type of behavior and conserve the status quo, but I've seen it done.
That was a novel... but hope it helps.
Id cum rerum voluptates fuga similique omnis qui. Mollitia est iusto ea aliquam. Quasi et maxime nesciunt qui enim. Rerum cumque consequatur est iste. Cumque nihil a rerum molestiae. Vel perspiciatis sit facere et eum nulla rerum. Esse eos molestiae enim molestiae et.
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...