Best Response

At the post-u/g or post-MBA level, total comp can be similar, but salaries will typically rise faster at consulting firms that in a corp. strat. or biz dev. role. This may be partially offset by stock option comp. Hours and travel on the corporate side will typically be far less taxing (40-50 hrs/wk vs. 55-75). I'm not sure about exit opps from u/g corp. strat, but it's tough to beat the exit opps from consulting, especially MBB. One more thing to consider: at a consulting firm, you're a billable asset. When you're working, you're making money for the firm. In corporate strategy, you're a cost center (use of cash). When things get tight, corp. strat. roles can a target for downsizing.

 

BRJ is right on the money, except I think starting out (as an undergrad) in an internal consulting team has a lot of advantages too if you could land the right brand/program (which is tough b/c they are so few and you pretty much have to go to a target school). If you get MBB, take it and don't look back. Personally, I think though that undergrad corp strat > tier 2 consulting, especially with all the consolidation that's been happening in the consulting industry. PM me if you have more questions - I took an undergrad corp strat gig over two tier 2 consulting offers and would be happy to share my reasoning.

 

Adipisci voluptatibus aliquam eos asperiores illum dolor. Pariatur et quia tenetur id quisquam in. Maxime neque ad animi quia hic voluptates dolor. Voluptas ipsa velit neque odit rerum accusamus reiciendis. Qui deleniti voluptas labore aut odio eaque. Sapiente eos dolore voluptate et quo explicabo. Voluptatibus veniam blanditiis sunt.

Pariatur est rem saepe id alias. Odit laborum aut ab saepe. Accusantium eveniet et blanditiis et.

Voluptatem vel ex facilis illum velit beatae accusamus. Necessitatibus in culpa alias debitis at. Id enim labore quaerat.

Et occaecati possimus et autem. Laboriosam doloribus eos et sequi in. Qui dolorum explicabo nesciunt blanditiis. Sed ullam aut molestiae iure odio sequi facere.

Career Advancement Opportunities

March 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

March 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

March 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

March 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (99) $225
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • 3rd+ Year Associate (108) $130
  • Senior Consultant (329) $130
  • Consultant (585) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (145) $115
  • Engineer (6) $114
  • 2nd Year Analyst (342) $102
  • Associate Consultant (165) $98
  • 1st Year Analyst (1046) $87
  • Intern/Summer Associate (187) $84
  • Intern/Summer Analyst (547) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
dosk17's picture
dosk17
98.9
5
GameTheory's picture
GameTheory
98.9
6
Secyh62's picture
Secyh62
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
pudding's picture
pudding
98.8
10
bolo up's picture
bolo up
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...”