Need help deciding - Deloitte S&O vs Large Health System Rotational Program

Healthcare monkey here - could use help on what program to choose following my advanced degree:

Deloitte S&O: great salary - in my 2nd choice city (East Coast) but an amazing offer and super talented office.

West Coast Health System: significantly lower salary - in my 1st choice city. awesome folks and lots of opportunities to rotate between multiple entities within system. often called "the future of health care"

tough decision here - beyond the issue of consulting work/life balance and being in my 2nd choice city, are there any reasons not to choose Deloitte S&O?

would love to hear 2 cents - esp from healthcare folks.

 
Best Response

First - congratulations on the offers, and furthermore, in the field you're interested in. Have you made a decision yet? If so, congratulations again! Just to play devil's advocate, I'm going to go to bat for the system position:

Money: System loses this comparison outright.

Experience: Hands down, System work is more valuable.

Anyone who wants to be a future leader in healthcare needs to at one point or another be entrenched in the clinical setting. You will NOT achieve this in the same capacity as a consultant, who are on-site for assessment and a brief moment during implementation.

You'll experience all parts of the special projects life cycle, and better yet, across different parts of the system because of your rotational program.

If you do well enough, at the end of your program you can be picked to head up clinical departments, or be a major player in decision support. You could be on the fast track to Director-level positions at a hospital in the system, or stay on with the corporate development team for the long-term (which has a great work-life balance).

You'll also be extremely valuable to consulting firms, who have been hiring (and will continue hiring) experienced healthcare workers left and right. That trend will not slow down - every firm is trying to distinguish themselves with unique advisory services. What better way to show clients that "you get how they think" than by having experienced clinical workers on staff (ie: you after a stint with a system)?

Depending on which system you work for, that could work in your favor immensely as well. Kaiser? No brainer - they're the ultimate ACO model the entire country is trying to replicate in some way or another. Adventist? Sutter? Great options as well.

PM me if you'd like to talk about it more in depth or keep a conversation going - I've got boutique and corporate healthcare consulting experience since grad school and can answer some questions you might have.

 

Dignissimos error voluptatem ut et officia. Vitae natus nostrum iusto qui qui aperiam rerum modi. Doloribus esse quisquam quasi temporibus.

Accusantium sint accusamus unde nisi. Eos fugiat nemo possimus consequatur reprehenderit. Itaque aspernatur omnis doloremque sint dolorem fugit.

Career Advancement Opportunities

April 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

April 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

April 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

April 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (552) $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
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”