How does in house strategy within industry compare to strategy at a consultancy?
In terms of pay, hours, exit opps etc out of undergrad
In terms of pay, hours, exit opps etc out of undergrad
+10 | Thoughts on Arup Econ Consulting | 2 | 1d | |
+9 | what metrics should I track as a cybersecurity business consulting firm? | 1 | 2d | |
+5 | bcg advance 2024 | 8 | 3d | |
+3 | BCG Full-Time Recruiting (Undergrad) | 1 | 1h | |
+3 | Accenture Strategy | 1 | 2d | |
+1 | McK Connect Solve Email | 3 | 5h |
Career Resources
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.
In-house corporate strategy teams are typically smaller than the strategy teams of consulting firms.
Also, at an increasing rate, the in-house teams take on other tasks for example: strategy and corporate development strategy and analytics etc.
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.
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...