5/27/12

Hi guys,

So, I hate consulting. Hours are too long, bullshit piled too deep, travel exhausting. I'm far from home and miserable, so I've decided to quit.

How much notice do I need to give them? Is the standard 2 weeks enough, or do I need more?

By mid-August I'll have been in my entry-level BA role for one full year. I'd like to not work an additional day past it. Anyone have experience in this? Thanks.

Comments (64)

5/27/12

Probably depends on the firm, your case, and how much support you want from the firm in finding your next job. How much longer is your case, and what is your firm's policy in terms of using career resources?

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5/27/12

I'm wrapping up my case this week. Pipeline is dry, so I imagine the next few months working on proposals and internal IP only. I don't know about my firm's policy in terms of using career resources. I actually don't really care. I want to quit, and I want to give them enough notice. Trying to figure out when is the best time, and to whom I should speak.

5/27/12

Seems like the longer you give them the more pleasant it will be.

In reply to Texas Tea
5/27/12
ccrosb:

Seems like the longer you give them the more pleasant it will be.

But if I'm like, "hey guys, I'm quitting in 2.5 months," won't they just fire me now?

5/27/12

And don't some firms give you time to find a new job? Like 2 months paid or something?

5/27/12

Do not quit without a plan B, however much you hate it, its experience and a paycheck in a terrible economy. Start looking for something else now and use your time on the bench to get an idea of what's available. The relief of quitting will wear off once you realise you have to start explaining to interviewers why you quit and dealing with people thinking you could't hack it in the corporate world.

5/27/12

If your case is done, and your priority is just getting out, 2 weeks notice is fine, and if your case is ending now, do it before they can staff you again. Worst case is if you try to give them 2 weeks and they tell you to stay for longer, then you just make a call.

The only reason I could think of to milk it is that if you're not going to be staffed for awhile, that takes care of most of your complaints...you won't be traveling, probably not working as hard.

I would talk to your career advisor, your staffer, and HR, in that order. There's a pretty set chain of events once you initiate the process.

Life, liberty and the pursuit of Starwood Points

5/27/12

I have a plan B already. I'm going to do a post-bac pre-med and then go to medical school, but first I'm moving to India to study yoga and vedic philosophy for 6 months. I'm not kidding or trolling. Consulting / business isn't for me, so I just want to leave in a way that makes sense for everyone, mostly me.

In reply to petergibbons
5/27/12
petergibbons:

The only reason I could think of to milk it is that if you're not going to be staffed for awhile, that takes care of most of your complaints...you won't be traveling, probably not working as hard.

Thanks for your reply. I do want to stick it out until I reach the 1 year point. I have taken strategic vacations :) in 3 weeks, I am gone for 10 days, so they're not going to staff me, and upon returning, I take another vacation almost exactly a month after that, for a week, so they might not staff me, and then I'm almost at 1 year.

In reply to persimmon
5/27/12
persimmon:
ccrosb:

Seems like the longer you give them the more pleasant it will be.

But if I'm like, "hey guys, I'm quitting in 2.5 months," won't they just fire me now?

Well yeah, you have to be tactful in how you present it. Give them a good reason, and make sure they know you're going to give them your best until you leave. For instance, I have a friend who left the Big 4 to go to law school. He hated the work but really was going to school. I just know that he presented this two them more than two months out, and everything went smoothly.

5/27/12

I'm curious, what do you plan on moving on to in the future? Obviously banking and trading wouldn't suit you either.

5/27/12

2 weeks is fine. people ditch all the time. say hi to yogaoasis.com

5/27/12

Check your contract. It will state the terms for leaving including notice period

In reply to Texas Tea
5/27/12
ccrosb:

Seems like the longer you give them the more pleasant it will be.

this is nonsense. please stop commenting, and i mean on anything.

once you give notice, several things happen:

1. you are no longer allowed to take PTO
2. your life will be filled to the brim with administrative bullshit and shit tons of scut work will fall on you

two weeks is considered the courtesy amount. and since you may need at least one rec from them for your med school adcom, you better leave on good fucking terms, as in, yeah, helping coca cola sell more sugar water in abu dhabi is nice, but i want to help heal the sick, blah blah blah.

In reply to persimmon
5/27/12
persimmon:

And don't some firms give you time to find a new job? Like 2 months paid or something?

Yes, but not if you have a plan to do something else (e.g. study yoga in India). Seems like the risk/reward for lying isn't worth it.

Life, liberty and the pursuit of Starwood Points

5/27/12

FWIW the grass isn't greener on the other side, the hours are worse in medicine, 3rd and 4th year are about 80 a week and mostly on your feet, the cost is high 200k, residency pay is poor 45k for 80 hours a week. As a primary care physician you'll make about what you made as a BA start around 90-110k peak at 150, maybe 200. If you get into the right specialty or subspecialty you can make good money vitreoretinal averages about 800 or 900k and good guys in the top quarter are broaching 1.25mm same numbers for neurosurg. The work is repetitive, the pathology is often the same hypertension, diabetes mellitus, COPD. Patients suck and are litigious, odds are you will be sued at least one time, in OB/GYN you may be sued a lot more than that. That's not to say there aren't good parts, my father is an ophthalmologist, after a vitrectomy when a patient has gone from hand motion (being able to notice something moved, not what it is, how big etc) to 20/60 or 20/40 where they can read, drive and function they are incredibly grateful.

5/27/12

Plus in medicine you make a lot of money through accounting fraud, making insurance companies pay more than the real bill.

When was the last time you looked at the price of medical care before you. Bought it.

In reply to couchy
5/27/12
couchy:

Plus in medicine you make a lot of money through accounting fraud, making insurance companies pay more than the real bill.

When was the last time you looked at the price of medical care before you. Bought it.

What are you smoking? Insurance companies don't want to pay what they owe, do you honestly think that they would allow for widespread "accounting fraud" anyway it would be billing fraud genius.

In reply to guyfromct
5/27/12
futurectdoc:

FWIW the grass isn't greener on the other side, the hours are worse in medicine, 3rd and 4th year are about 80 a week and mostly on your feet, the cost is high 200k, residency pay is poor 45k for 80 hours a week. As a primary care physician you'll make about what you made as a BA start around 90-110k peak at 150, maybe 200. If you get into the right specialty or subspecialty you can make good money vitreoretinal averages about 800 or 900k and good guys in the top quarter are broaching 1.25mm same numbers for neurosurg. The work is repetitive, the pathology is often the same hypertension, diabetes mellitus, COPD. Patients suck and are litigious, odds are you will be sued at least one time, in OB/GYN you may be sued a lot more than that. That's not to say there aren't good parts, my father is an ophthalmologist, after a vitrectomy when a patient has gone from hand motion (being able to notice something moved, not what it is, how big etc) to 20/60 or 20/40 where they can read, drive and function they are incredibly grateful.

thanks for your input. don't really care about the money. i want to dedicate half a year to MSF, the other half to a private practice. the money will be definitely sufficient to live a good life, and the work will be way more rewarding than putting these decks together.

In reply to persimmon
5/27/12
persimmon:
futurectdoc:

FWIW the grass isn't greener on the other side, the hours are worse in medicine, 3rd and 4th year are about 80 a week and mostly on your feet, the cost is high 200k, residency pay is poor 45k for 80 hours a week. As a primary care physician you'll make about what you made as a BA start around 90-110k peak at 150, maybe 200. If you get into the right specialty or subspecialty you can make good money vitreoretinal averages about 800 or 900k and good guys in the top quarter are broaching 1.25mm same numbers for neurosurg. The work is repetitive, the pathology is often the same hypertension, diabetes mellitus, COPD. Patients suck and are litigious, odds are you will be sued at least one time, in OB/GYN you may be sued a lot more than that. That's not to say there aren't good parts, my father is an ophthalmologist, after a vitrectomy when a patient has gone from hand motion (being able to notice something moved, not what it is, how big etc) to 20/60 or 20/40 where they can read, drive and function they are incredibly grateful.

thanks for your input. don't really care about the money. i want to dedicate half a year to MSF, the other half to a private practice. the money will be definitely sufficient to live a good life, and the work will be way more rewarding than putting these decks together.

I'm not so sure it's really that rewarding especially when a lot of the illness is self inflicted, how excited is it treat the 350 lb diabetic, who refuses to lose weight, manage their sugar or stop smoking. How about the person who shows up with gonorrhea for the fifth time in as many months and refuses to use a condom because it doesn't feel as good. How about managing the overweight smoker for hypertension. That's the reality of medicine, managing the idiocy of patients.

In reply to couchy
5/27/12
couchy:

Plus in medicine you make a lot of money through accounting fraud, making insurance companies pay more than the real bill.

When was the last time you looked at the price of medical care before you. Bought it.

Haha. That was on one of an American Greed episodes.

In reply to BTbanker
5/27/12
Connor:
couchy:

Plus in medicine you make a lot of money through accounting fraud, making insurance companies pay more than the real bill.

When was the last time you looked at the price of medical care before you. Bought it.

Haha. That was on one of an American Greed episodes.

Cool, will look it up.

In reply to guyfromct
5/27/12
futurectdoc:

I'm not so sure it's really that rewarding especially when a lot of the illness is self inflicted, how excited is it treat the 350 lb diabetic, who refuses to lose weight, manage their sugar or stop smoking. How about the person who shows up with gonorrhea for the fifth time in as many months and refuses to use a condom because it doesn't feel as good. How about managing the overweight smoker for hypertension. That's the reality of medicine, managing the idiocy of patients.

This.

Medicine is ugly. Use your 6 months to work in an inner city ER as an aide and make sure to work some night and weekend shifts to get a better picture of the reality of medicine.

How would I describe myself? Three words: hard working, alpha male, jackhammer...merciless...insatiable.

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5/28/12

this has been on my mind recently too.... what do the folks who transition to PE or industry normally do?

5/28/12

wow, just wow...
quitting MBB for medical school?
medical school is long and expensive. waste of time and what makes you think that doctors have better work life balance?

5/28/12

Since I recently quit an MBB job, here are my 2 cents:

1) Not sure if this is true across all firms, but the "transition" continuation of pay and benefits at BCG is available so long as you leave on mutually agreeable terms and you do not have a signed offer. This includes if you take up volunteer work or travel as a vacation - I'm not 100% sure about school as I have not personally encountered that case.

2) Leaving on mutually agreeable terms involves a bit of give and take in terms of giving notice. If the staffing pipeline is dry, the *earliest* you will get dropped off payroll (to my understanding) is 2 weeks after your announcement. This was my situation as I left with a signed offer and had no desire to lie about it. Others have encountered cases where they will bargain with you (stay for one more case, stay for an extension of your current case so you can hand it off to a peer sufficiently that the client is comfortable, etc.) - if you are not planning on taking transition, you have more leverage in this bargaining. Otherwise, the employment agreement certainly does not make transition pay and benefits an obligation.

3) If there is anybody at the firm you would prefer to deal with (whether it's an HR rep for your office, a staffing coordinator, or a mentor at a more senior level), you can often raise the issue with them. At the very least, they will have prior experience with people leaving and should be able to offer you some guidance. In my case, I worked with our staffing coordinator so that she knew my drop dead last day long before the partners in my office did (as I could not commit to a case beyond a certain length but didn't want to leave early or lose all leverage in terms of getting staffed on good cases). Of course, in other offices, I have heard of HR associates notifying the entire partner group of the office, so it comes down to your intuition/comfort level/relationships.

Good luck with med school. I also considered it and, while it wasn't for me, I can agree that consulting was certainly not the promised land either.

In reply to persimmon
5/28/12
persimmon:
futurectdoc:

FWIW the grass isn't greener on the other side, the hours are worse in medicine, 3rd and 4th year are about 80 a week and mostly on your feet, the cost is high 200k, residency pay is poor 45k for 80 hours a week. As a primary care physician you'll make about what you made as a BA start around 90-110k peak at 150, maybe 200. If you get into the right specialty or subspecialty you can make good money vitreoretinal averages about 800 or 900k and good guys in the top quarter are broaching 1.25mm same numbers for neurosurg. The work is repetitive, the pathology is often the same hypertension, diabetes mellitus, COPD. Patients suck and are litigious, odds are you will be sued at least one time, in OB/GYN you may be sued a lot more than that. That's not to say there aren't good parts, my father is an ophthalmologist, after a vitrectomy when a patient has gone from hand motion (being able to notice something moved, not what it is, how big etc) to 20/60 or 20/40 where they can read, drive and function they are incredibly grateful.

thanks for your input. don't really care about the money. i want to dedicate half a year to MSF, the other half to a private practice. the money will be definitely sufficient to live a good life, and the work will be way more rewarding than putting these decks together.

I just wanted to add this you can't spend half a year with doctors without borders then go back to your private practice, it's called continuity of care, if your doctor said I'll be unreachable for 6 months at a time, that would probably when you ask for your charts. The money doesn't come easily, if you want to live a "good life" then you are going to be actively managing your practice. Running a small practice isn't 9-5, running a successful one resembles IB hours. Here is a day in the life for my father I feel it's illustrative of what practicing medicine is like and he is lucky, my mother runs all the business side and he sees patients, if you don't have someone doing that it's your job to be HR, Finance, Management all rolled into one.

Weekday Office
7:30: Get to the office, catch up on charts a little, read a little JAMA, Archives etc. look at the schedule.
8:00-12:00: AM Patients, a specialist will realistically see anywhere from 4 to 8 patients an hour you'll take histories, order tests/scripts/surgeries, do minor procedures.
12:00-1:00: Nominally lunch, in reality more minor procedures maybe 5-10 minutes to have a quick bite to eat.
1:00-6:00: PM patients same as the morning, you'll finish with the last one somewhere between 5:30 and 6:00.
6:00-8:30: Charts, EMR is a pain to initiate new patients in, but you have to do this and stay up to date on charts.

Weekday Surgery:
6:30: Get to the ASC, grab a coffee, get changed into scrubs.
7:00-4:00: Cases, will be a mix of vitrectomies, cataracts, glaucoma cases.
4:00-7:00: Emergency office visits, charts and administrative tasks.

Saturdays are either seen patients (two times a month) or doing charts, depending on the physician Sundays will either be off or a few hours of charts. So figure a good 70+ hours a week plus call. If you're solo or in a small group, you'll be on call more with fewer cases in a given call period, in a bigger group you'll be on call less often but you will be slammed, plus hospital call, which is separate from your practice's and means you are covering the ER, plus in patient consults. Consults tend to be prolonged affairs, you don't have your staff screening, hospitals are disorganized etc. so what could be 10 minutes in office can take 3 or 4 times as long and they are often self-insured (a euphemism for they aren't paying).

5/29/12

I'm not totally set on being a doctor. I do know, however, that I need to get out of this country ASAP, and that I'm willing to forfeit any benefits of finishing a 2-3 year stint to make it happen.

Signposts, thank you very much for your experience here. Cheers.

In reply to ventjock
5/29/12
ventjock:
futurectdoc:

I'm not so sure it's really that rewarding especially when a lot of the illness is self inflicted, how excited is it treat the 350 lb diabetic, who refuses to lose weight, manage their sugar or stop smoking. How about the person who shows up with gonorrhea for the fifth time in as many months and refuses to use a condom because it doesn't feel as good. How about managing the overweight smoker for hypertension. That's the reality of medicine, managing the idiocy of patients.

This.

Medicine is ugly. Use your 6 months to work in an inner city ER as an aide and make sure to work some night and weekend shifts to get a better picture of the reality of medicine.

+1 theoretical SB

"'In summary, people are morons and who cares. Make a shit ton of money. I've never seen a Ferrari paid for by what people think.' - ANT" -rufiolove

In reply to ventjock
5/29/12
ventjock:
futurectdoc:

I'm not so sure it's really that rewarding especially when a lot of the illness is self inflicted, how excited is it treat the 350 lb diabetic, who refuses to lose weight, manage their sugar or stop smoking. How about the person who shows up with gonorrhea for the fifth time in as many months and refuses to use a condom because it doesn't feel as good. How about managing the overweight smoker for hypertension. That's the reality of medicine, managing the idiocy of patients.

This.

Medicine is ugly. Use your 6 months to work in an inner city ER as an aide and make sure to work some night and weekend shifts to get a better picture of the reality of medicine.

+1 theoretical SB

"'In summary, people are morons and who cares. Make a shit ton of money. I've never seen a Ferrari paid for by what people think.' - ANT" -rufiolove

5/29/12

Ahh, only on WSO can you ask a question and then have people ignore it to bash your plans for the future that you shared as a side note. We are a great community.

I quit from a mid-tier to take another job. My advice would be:

-Read the HR policies so you can maneuver the legal stuff. I assure you that your boss doesn't know the policies, and there's a great chance most of the HR people won't know them either (seriously).

-Then go talk to your boss. You want to leave on good terms, but at this point, you know what the HR policies say. So play nice but don't bend over backward for someone you don't like anyways. For instance, if they ask you to stay a month instead of two weeks for good reason, you can probably suck it up. But if they ask you to work 80 hour weeks for the next two months, you have to be polite as possible in telling them to STFU. In my personal experience, my boss asked me to stay until the end of the next month (I was quitting mid-month), but I convinced them that I could easily transition in 2 weeks (and they got the picture...I was leaving for a reason.)

Best of luck in your next endeavors. Sounds like you have some interesting stuff to tackle. MBB will always be here in case medicine isn't for you.

In reply to TopDGO
6/3/12
TopDGO:

I quit from a mid-tier to take another job. My advice would be:

-Read the HR policies so you can maneuver the legal stuff. I assure you that your boss doesn't know the policies, and there's a great chance most of the HR people won't know them either (seriously).

-Then go talk to your boss. You want to leave on good terms, but at this point, you know what the HR policies say. So play nice but don't bend over backward for someone you don't like anyways.

Thanks a lot for your advice, and for responding to my original questions.

I got a copy of my contract last week. They ask for one month's notice. So, on my 11 month anniversary, I am going to put my 1 month's notice in. At this point, I will have "paid off" or earned my sign-on bonus, and will have earned the housing allowance they gave me (weird international office thing).

Then, on to bigger and better things!

Cheers

In reply to persimmon
6/5/12
persimmon:
TopDGO:

I quit from a mid-tier to take another job. My advice would be:

-Read the HR policies so you can maneuver the legal stuff. I assure you that your boss doesn't know the policies, and there's a great chance most of the HR people won't know them either (seriously).

-Then go talk to your boss. You want to leave on good terms, but at this point, you know what the HR policies say. So play nice but don't bend over backward for someone you don't like anyways.

Thanks a lot for your advice, and for responding to my original questions.

I got a copy of my contract last week. They ask for one month's notice. So, on my 11 month anniversary, I am going to put my 1 month's notice in. At this point, I will have "paid off" or earned my sign-on bonus, and will have earned the housing allowance they gave me (weird international office thing).

Then, on to bigger and better things!

Cheers

Best of luck in your wacky-ass adventures, man.

"'In summary, people are morons and who cares. Make a shit ton of money. I've never seen a Ferrari paid for by what people think.' - ANT" -rufiolove

In reply to petergibbons
6/5/12
petergibbons:
persimmon:

And don't some firms give you time to find a new job? Like 2 months paid or something?

Yes, but not if you have a plan to do something else (e.g. study yoga in India). Seems like the risk/reward for lying isn't worth it.

Right - if you already have something lined up, you don't get the search time. It also typically doesn't apply at the pre-MBA (e.g., BA) level - check your contract to see if you get the benefit, it will be stated. If you do get it, it's based on tenure, so one year probably isn't buying you 2 months.

Also, FYI - in case you consider staying or for anyone else reading this thread - using vacation time to make yourself structurally unstaffable (e.g., taking a vacation 3 weeks after your project ends, then another vacation 4 weeks after that) is easy to spot and generally considered a dick-move. Your staffer will know (and remember).

6/5/12

Don't even quit. Just go to India now, sparingly respond to some emails, and keep getting the paycheck until they noticed that you are useless and fire you.

In reply to DotCarter
6/6/12
DotCarter:

Don't even quit. Just go to India now, sparingly respond to some emails, and keep getting the paycheck until they noticed that you are useless and fire you.

Ha, that could be fun but I really don't want to get fired. I want to leave on as good of terms as possible so I can have a reference for applying to my next jobs.

6/6/12

persimmon. you are my idol. i keep thinking about pulling the trigger, but every two weeks i get a reminder why i shouldnt.

In reply to F. Ro Jo
6/7/12
F. Ro Jo:

persimmon. you are my idol. i keep thinking about pulling the trigger, but every two weeks i get a reminder why i shouldnt.

i don't get it... do you get paid every two weeks? we get paid monthly here.

6/7/12
6/9/12
7/2/12

how's life pers? what are you up to these days.

In reply to F. Ro Jo
7/2/12
F. Ro Jo:

how's life pers? what are you up to these days.

Great. I spoke to a very senior member of the firm in the LGBT network about

-my relationship (he's in SF, I'm in this frontier office)
-my passions (I'm not thrilled by consulting)
-my next steps

and he thinks it's great I want to prioritize other things over this job. I'll be putting in my notice at 11 months and a few days of service at this office, will keep him as a reference, and will move on to something better. Started sending my resume out yesterday.

I hate this country and this work here, and this mentor of mine told me it's not worth being miserable AND apart from my partner. Life's too short.

My company asks for a one month notice, which is why I'll put in my resignation at 11 months and a few days -- just to ensure I complete my one full year for my resume and get my severance package (only available to those who have completed an entire year).

The hardest part about MBB is getting in. If this isn't a career for you, the best part about working at MBB is putting it on your resume, which I get to do. Working here 2 or 3 years would look better, but even just one year looks damn good.

I have spoken to folks at startups and tech companies in SF and they said it's seen as admirable if people jump the standard, traditional, conservative consulting ship to do something more interesting. I'm not afraid, I'll get hired to do something.

In reply to F. Ro Jo
7/2/12
F. Ro Jo:

how's life pers? what are you up to these days.

Great. I spoke to a very senior member of the firm in the LGBT network about

-my relationship (he's in SF, I'm in this frontier office)
-my passions (I'm not thrilled by consulting)
-my next steps

and he thinks it's great I want to prioritize other things over this job. I'll be putting in my notice at 11 months and a few days of service at this office, will keep him as a reference, and will move on to something better. Started sending my resume out yesterday.

I hate this country and this work here, and this mentor of mine told me it's not worth being miserable AND apart from my partner. Life's too short.

My company asks for a one month notice, which is why I'll put in my resignation at 11 months and a few days -- just to ensure I complete my one full year for my resume and get my severance package (only available to those who have completed an entire year).

The hardest part about MBB is getting in. If this isn't a career for you, the best part about working at MBB is putting it on your resume, which I get to do. Working here 2 or 3 years would look better, but even just one year looks damn good.

I have spoken to folks at startups and tech companies in SF and they said it's seen as admirable if people jump the standard, traditional, conservative consulting ship to do something more interesting. I'm not afraid, I'll get hired to do something.

7/3/12

you get a severance for quitting??????

In reply to F. Ro Jo
7/3/12
F. Ro Jo:

you get a severance for quitting??????

maybe it's not really severance. it's in lieu of a 401K contribution since we don't get those here. regardless, it's cash in my pocket.

7/9/12

Yesterday my staffing manager approached me with an opportunity that would last through October. I panicked -- I want to leave by end of August, but I didn't want to let them know of my intentions to leave until 1 month before my year so I can pay back my housing loan and get my end of service cash money.

But I didn't want to screw the case team over, so I told my staffing manager yesterday that I would love to join the case, but I'm leaving by the beginning of September.

He appreciated me being straightforward with him. He sent an email off to the staffing partners, to the HR team, and to the head of the office informing them of my resignation.

I've already spoken with two of them, and they said they'd be happy to be references, and would like to help me however they can in getting a new job. Crazy. If I were a partner, I'd probably be pissed at me.

I think they're going to let me work until the end of my year. Put me on some more CD or some shit.

I'M FREEEEEEEEEEEEEEEEEEEEEE

In reply to persimmon
7/10/12
persimmon:

Yesterday my staffing manager approached me with an opportunity that would last through October. I panicked -- I want to leave by end of August, but I didn't want to let them know of my intentions to leave until 1 month before my year so I can pay back my housing loan and get my end of service cash money.

But I didn't want to screw the case team over, so I told my staffing manager yesterday that I would love to join the case, but I'm leaving by the beginning of September.

He appreciated me being straightforward with him. He sent an email off to the staffing partners, to the HR team, and to the head of the office informing them of my resignation.

I've already spoken with two of them, and they said they'd be happy to be references, and would like to help me however they can in getting a new job. Crazy. If I were a partner, I'd probably be pissed at me.

I think they're going to let me work until the end of my year. Put me on some more CD or some shit.

I'M FREEEEEEEEEEEEEEEEEEEEEE

Happy to hear it's working out for you bro. Sounds like BCG though lol.

8/5/12

They're even giving me a pro-rated bonus. MBB really wants you to be happy when you leave.

8/5/12

Keeeeeeep trying, I will neither confirm nor deny that I work for Bain. I mean BCG. Shit. Okay, McKinsey.

8/5/12

OP is making a real interesting decision. Very few leave MBB for med school. Best of luck to him.

I know you discussed the reasons in the initial post, but didn't you know what you were getting into when you accepted the job out of college? You must have known what consultants do on a daily basis, right?

If you had any intention of staying in business or going to b-school, I would have STRONGLY advised against quitting after 1 year. My best friend did that with his MBB gig, and it cost him dearly during MBA admissions because adcom could not get why anyone would quit such a great job before the 2-year analyst gig was up for a job that wasn't as "prestigious."

In reply to Brady4MVP
8/6/12
Brady4MVP:

If you had any intention of staying in business or going to b-school, I would have STRONGLY advised against quitting after 1 year. My best friend did that with his MBB gig, and it cost him dearly during MBA admissions because adcom could not get why anyone would quit such a great job before the 2-year analyst gig was up for a job that wasn't as "prestigious."

I'm not that keen on going to bschool. But if I were, it's not that hard to do something more interesting than MBB. A startup. One's own business. International travel / NGO work / volunteering. Pretty much anything outside of a traditional corporate / banking track. One of the best parts of MBB is proving that you were able to get in. The bar is set very, very high, and so having worked at MBB for a year is 80% as good as having finished the 2-3 year gig. The trick is doing something interesting afterwards, not something within the same field but just less prestigious.

Thankfully I graduated from HYPS and was selected for a very competitive, well-renowned fellowship after graduation. I think for many, MBB is a great way to spend a few years to advance their careers and open up educational opportunities that they wouldn't have had access to before. But thankfully MBB's a credential I don't need all that much. And the skills I'm learning aren't what they promised, so they can shove it.

In reply to persimmon
8/6/12
persimmon:
Brady4MVP:

If you had any intention of staying in business or going to b-school, I would have STRONGLY advised against quitting after 1 year. My best friend did that with his MBB gig, and it cost him dearly during MBA admissions because adcom could not get why anyone would quit such a great job before the 2-year analyst gig was up for a job that wasn't as "prestigious."

I'm not that keen on going to bschool. But if I were, it's not that hard to do something more interesting than MBB. A startup. One's own business. International travel / NGO work / volunteering. Pretty much anything outside of a traditional corporate / banking track. One of the best parts of MBB is proving that you were able to get in. The bar is set very, very high, and so having worked at MBB for a year is 80% as good as having finished the 2-3 year gig. The trick is doing something interesting afterwards, not something within the same field but just less prestigious.

Thankfully I graduated from HYPS and was selected for a very competitive, well-renowned fellowship after graduation. I think for many, MBB is a great way to spend a few years to advance their careers and open up educational opportunities that they wouldn't have had access to before. But thankfully MBB's a credential I don't need all that much. And the skills I'm learning aren't what they promised, so they can shove it.

Sounds like you know what you're doing and have thought very carefully about this. You're absolutely correct that getting MBB out of college (especially mckinsey/bcg) is VERY difficult. You already have great pedigree, so if you ever want to go back into business I'm sure you won't have too much of a problem.

What skills did they promise? Do you not find the work interesting?

In reply to Brady4MVP
8/6/12
Brady4MVP:

You're absolutely correct that getting MBB out of college (especially mckinsey/bcg) is VERY difficult.

I don't think its VERY difficult. Sure, its difficult, but if you go to a top school, and have the case nailed down (that is the most important part, learning how to do a case properly) you will get an offer.

Unfortunately, if you learn about consulting too late, and you cram to study for case then its ridiculously hard. If only I had a do over...

In reply to qweretyq
8/7/12
qweretyq:
Brady4MVP:

You're absolutely correct that getting MBB out of college (especially mckinsey/bcg) is VERY difficult.

I don't think its VERY difficult. Sure, its difficult, but if you go to a top school, and have the case nailed down (that is the most important part, learning how to do a case properly) you will get an offer.

Well, /hundreds/ of people at my school (I went to Harvard, Princeton, Yale or Stanford, not a school "like" these, but actually one of these four) applied, and only a little over a dozen ended up working for us here at MBB. And the accept rate of the offers we give is very high. Graduating from a top school is definitely not a guarantee of an offer. These jobs are still highly competitive even among HBS / GSB grads. That said, graduating from a top school is not a requirement to get a job, either. But it definitely helps in getting you an interview.

In reply to persimmon
8/7/12
persimmon:
qweretyq:
Brady4MVP:

You're absolutely correct that getting MBB out of college (especially mckinsey/bcg) is VERY difficult.

I don't think its VERY difficult. Sure, its difficult, but if you go to a top school, and have the case nailed down (that is the most important part, learning how to do a case properly) you will get an offer.

Well, /hundreds/ of people at my school (I went to Harvard, Princeton, Yale or Stanford, not a school "like" these, but actually one of these four) applied, and only a little over a dozen ended up working for us here at MBB. And the accept rate of the offers we give is very high. Graduating from a top school is definitely not a guarantee of an offer. These jobs are still highly competitive even among HBS / GSB grads. That said, graduating from a top school is not a requirement to get a job, either. But it definitely helps in getting you an interview.

Maybe my experience is different. I went to a lower tier school, and I got interviews with all three and made final rounds with 2 of the MBB. Sure hundreds apply, but even jobs like GS IB get similar numbers.

I was comparing the difficulty to places like Jane St., DE Shaw, or DC Energy etc. Those jobs are VERY difficult imo compared to MBB.

But I guess I''m not qualified to say anything - I never actually did get the offer.

8/8/12

Jane St and DE Shaw are completely different types of jobs and there generally is not much overlap with people interested in consulting. DC Energy is not really in either category (and is not very hard to get...)

In reply to qweretyq
8/8/12
qweretyq:
Brady4MVP:

You're absolutely correct that getting MBB out of college (especially mckinsey/bcg) is VERY difficult.

I don't think its VERY difficult. Sure, its difficult, but if you go to a top school, and have the case nailed down (that is the most important part, learning how to do a case properly) you will get an offer.

Unfortunately, if you learn about consulting too late, and you cram to study for case then its ridiculously hard. If only I had a do over...

Read more from a Bain consultant who recruited at Stanford:
http://www.quora.com/Why-do-so-many-people-want-to...

In summary: 400 applied from Stanford, 5-10 got offers.

In reply to qweretyq
8/8/12
In reply to persimmon
8/8/12
persimmon:
qweretyq:
Brady4MVP:

You're absolutely correct that getting MBB out of college (especially mckinsey/bcg) is VERY difficult.

I don't think its VERY difficult. Sure, its difficult, but if you go to a top school, and have the case nailed down (that is the most important part, learning how to do a case properly) you will get an offer.

Unfortunately, if you learn about consulting too late, and you cram to study for case then its ridiculously hard. If only I had a do over...

Read more from a Bain consultant who recruited at Stanford:
http://www.quora.com/Why-do-so-many-people-want-to...

In summary: 400 applied from Stanford, 5-10 got offers.

That doesn't look right , I personally know 7 Bainies from my year. There had to have been at least double that.

In reply to GS
8/8/12

That doesn't look right , I personally know 7 Bainies from my year. There had to have been at least double that.

Okay, double it.

My point was to a previous poster, who suggested applying from HYPS was a sure-shot at getting into MBB.

In reply to persimmon
8/8/12

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