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Quitting MBB @ 1 year - how much notice?
 

persimmon's picture
CO
 
Points)
 on 5/27/12 at 11:45am
quitting consulting.jpg

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.

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petergibbons's picture

Probably depends on the firm,

CO
 
Points)
 on 5/27/12 at 9:48am

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?

Life, liberty and the pursuit of Starwood Points

persimmon's picture

I'm wrapping up my case this

CO
 
Points)
 on 5/27/12 at 9:53am

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.

Gulf Coast Finance's picture

Seems like the longer you

IB
(Orangutan, 300
 
Points)
 on 5/27/12 at 10:11am

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

persimmon's picture

ccrosb: Seems like the longer

CO
 
Points)
 on 5/27/12 at 10:21am
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?

persimmon's picture

And don't some firms give you

CO
 
Points)
 on 5/27/12 at 10:22am

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

Ovechkin08's picture

Do not quit without a plan B,

O
(Orangutan, 306
 
Points)
 on 5/27/12 at 10:22am

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.

petergibbons's picture

If your case is done, and

CO
 
Points)
 on 5/27/12 at 10:29am

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

persimmon's picture

I have a plan B already. I'm

CO
 
Points)
 on 5/27/12 at 10:31am

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.

persimmon's picture

petergibbons: The only reason

CO
 
Points)
 on 5/27/12 at 10:37am
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.

Gulf Coast Finance's picture

persimmon: ccrosb: Seems

IB
(Orangutan, 300
 
Points)
 on 5/27/12 at 10:56am
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.

BTbanker's picture

I'm curious, what do you plan

IB
 
Points)
 on 5/27/12 at 11:46am

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

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

melvvvar's picture

2 weeks is fine. people ditch

(King Kong, 1,693
 
Points)
 on 5/27/12 at 11:59am

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

NewGuy's picture

Check your contract. It will

HF
 
Points)
 on 5/27/12 at 12:37pm

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

melvvvar's picture

ccrosb: Seems like the longer

(King Kong, 1,693
 
Points)
 on 5/27/12 at 12:47pm
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.

petergibbons's picture

persimmon: And don't some

CO
 
Points)
 on 5/27/12 at 1:00pm
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

futurectdoc's picture

FWIW the grass isn't greener

IB
(King Kong, 1,675
 
Points)
 on 5/27/12 at 1:33pm
couchy's picture

Plus in medicine you make a

(King Kong, 1,365
 
Points)
 on 5/27/12 at 1:46pm
futurectdoc's picture

couchy: Plus in medicine you

IB
(King Kong, 1,675
 
Points)
 on 5/27/12 at 2:22pm
persimmon's picture

futurectdoc: FWIW the grass

CO
 
Points)
 on 5/27/12 at 2:35pm
futurectdoc's picture

persimmon: futurectdoc: FWI

IB
(King Kong, 1,675
 
Points)
 on 5/27/12 at 2:41pm
BTbanker's picture

couchy: Plus in medicine you

IB
 
Points)
 on 5/27/12 at 2:42pm

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

couchy's picture

Connor: couchy: Plus in

(King Kong, 1,365
 
Points)
 on 5/27/12 at 2:50pm
ventjock's picture

futurectdoc: I'm not so sure

O
(Monkey, 48
 
Points)
 on 5/27/12 at 5:40pm

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

F. Ro Jo's picture

this has been on my mind

 
Points)
 on 5/28/12 at 12:16am
YE777's picture

wow, just wow... quitting MBB

 
Points)
 on 5/28/12 at 1:49am
signposts's picture

Since I recently quit an MBB

(Baboon, 102
 
Points)
 on 5/28/12 at 4:24am
futurectdoc's picture

persimmon: futurectdoc: FWI

IB
(King Kong, 1,675
 
Points)
 on 5/28/12 at 9:22pm
persimmon's picture

I'm not totally set on being

CO
 
Points)
 on 5/29/12 at 4:47am
acronym's picture

ventjock: futurectdoc: I'm

CO
 
Points)
 on 5/29/12 at 3:15pm

"'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

acronym's picture

ventjock: futurectdoc: I'm

CO
 
Points)
 on 5/29/12 at 3:15pm

"'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

TopDGO's picture

Ahh, only on WSO can you ask

CO
(Orangutan, 320
 
Points)
 on 5/29/12 at 5:21pm

See my other WSO blog posts

persimmon's picture

TopDGO: I quit from a

CO
 
Points)
 on 6/3/12 at 2:10am
acronym's picture

persimmon: TopDGO: I quit

CO
 
Points)
 on 6/5/12 at 7:01pm

"'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

charlie 09's picture

petergibbons: persimmon: An

CO
 
Points)
 on 6/5/12 at 8:19pm
DotCarter's picture

Don't even quit. Just go to

(Monkey, 54
 
Points)
 on 6/5/12 at 10:10pm
persimmon's picture

DotCarter: Don't even quit.

CO
 
Points)
 on 6/6/12 at 2:33am
F. Ro Jo's picture

persimmon. you are my idol. i

 
Points)
 on 6/6/12 at 12:11pm
persimmon's picture

F. Ro Jo: persimmon. you are

CO
 
Points)
 on 6/7/12 at 7:26am
F. Ro Jo's picture

yes sir. where is 'here?'

 
Points)
 on 6/7/12 at 8:01am
persimmon's picture

"here" is in the EMEA

CO
 
Points)
 on 6/9/12 at 4:58pm
F. Ro Jo's picture

how's life pers? what are you

 
Points)
 on 7/2/12 at 12:20am
persimmon's picture

F. Ro Jo: how's life pers?

CO
 
Points)
 on 7/2/12 at 7:03am
persimmon's picture

F. Ro Jo: how's life pers?

CO
 
Points)
 on 7/2/12 at 7:03am
F. Ro Jo's picture

you get a severance for

 
Points)
 on 7/3/12 at 12:33am
persimmon's picture

F. Ro Jo: you get a severance

CO
 
Points)
 on 7/3/12 at 1:31am
persimmon's picture

Yesterday my staffing manager

CO
 
Points)
 on 7/9/12 at 2:34am
IBTeaching's picture

persimmon: Yesterday my

O
 
Points)
 on 7/10/12 at 9:39pm
persimmon's picture

They're even giving me a

CO
 
Points)
 on 8/5/12 at 6:43am
redninja's picture

Yeah, this sounds a lot like

CO
(Gorilla, 600
 
Points)
 on 8/5/12 at 4:21pm
persimmon's picture

Keeeeeeep trying, I will

CO
 
Points)
 on 8/5/12 at 4:30pm

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