Hi all,
2nd year MBB associate here transitioning to the manager role. I'm wondering if I can get some advice from this community on how to start planning my exit - I haven't felt particularly fulfilled lately and am also just plain burnt out, so am fairly sure I will want to head for the exit once I have the new title in hand (maybe stay for 1 or 2 engagements after, but that's it).
Basically the only serious work I've done so far is respond to some of the headhunters who reach out on LinkedIn and have intro conversations. Besides that, what else can I do to start getting ready for a transition out? Any particular tactics that have worked for you all transitioning out of consulting? It's really tough to tell what type of title, compensation, etc. I should be shooting for so am just not sure how to go about things (and don't want to aggressively reach out to my firm's network just yet for obvious reasons).
In terms of interests, I can see myself in the tech or financial services sectors (though the thought of working for a huge bank doing general strategy work isn't particularly appealing). Open to a wide range of companies (Google down to a series C type company), as well as other types of interesting gigs (VC, etc.).
Do you know what you want to do afterwards? The main exits are PE/Startups/working for a F500 client. Where would you want to go? I would assume F500/PE given that you are talking to recruiters.
Let them know that you have gained experience through your role at MBB, but you feel that you are learning less and would want to move on to new challenges/a more challenging field. Be specific about it, and know what you want. If its MF PE or lower MM PE. If its an industry or generalist.
Thanks for the reply. I guess that’s part of what I’m struggling with - not 100% sure what comes after. A lot of the companies I’ve done consulting work with aren’t really companies I want to actually work at post MBB- they tend to be slow hulking behemoths with tons of bureaucracy and red tape.
I guess I’ll talk to more alum and try to figure out what types of roles they’ve left for
Definitely do so. Think about what would keep you motivated as you said you feel burnt out. Would you need less travel? Better hours? More interesting job? New challenges? Do you care about pay?
Management Consulting Exit Opportunities (Originally Posted: 08/03/2010)
Hello. I am new here. I have been with a consulting firm for 5 years. I loved consulting. The pay was great, not bad hours, got to travel, did interesting work, had a good time. However, I feel now it is time to leave and move on with my career. I wanted to know what options I have for exit opportunities and if you think my ideas are any good.
While at the firm, I did some financial cases, but I mainly focused on working with media companies.
Should I apply for a senior management/executive position at fortune 500 media company viacom?
Should I apply for a position at pe firms Blackstone or KKR?
Should I start my own venture capital firm?
Which should I do? Which pays the most? Probably the viacom job since I would have a more of a chance of getting the job. It would also probably pay multi millions in my position. Maybe after spending time with viacom, I could start my own venture capital firm.
Is this an attempted troll post? come on dude, you can do better.
If not, please use the search function.
I'm new. What's a troll post? Sorry if it is something bad. I'm just trying to ask some questions.
Why don't you pull a mitt romney and start your own PE firm? be sure to name it after your left nut for prosperity (or whichever hangs lower)
MBB Office Exit Ops (Originally Posted: 10/29/2016)
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What is your question?
Are you asking if someone from a West coast MBB office can get an interview for exit ops. on the East Coast or something along those lines?
I'd think previous experience trumps geographic alignment, although as you mentioned - regional alignment does make it a lot easier.
Yes and no. From what I've heard from friends/my own experiences, it's still pretty easy to get interviews across the country (I'm on the East Coast, several of my friends and I have been interviewing for West Coast roles). The difference is that you have to do a lot more of your networking and interviewing over the phone. Potentially, you could be more successful if you networked/interviewed in person.
For the most part, though, I don't think it makes a difference. Type of case and industries you work in can matter, but not where you did that work geographically.
MBB Asia Exit Opps (Originally Posted: 12/11/2017)
Hi guys,
I am going to be taking up a graduate role with MBB in Asia, and was wondering if anyone here could provide some insight into the exit opps available, particularly in Asia?
Thanks!
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