Advice on IB to Consulting Jump

Hey all,

Quick summary of my situation- currently a junior at an ivy with an upcoming IB SA at a BB in NY. Last spring, IB recruiting snuck up on me, and I panicked / decided to sign in March for a 2023 SA thinking banking is probably the best overall starting point for a successful career. This past May I helped a few friends interview prep for some MBB gigs and while helping them, I found myself overwhelmingly more interested in the content of what consulting consisted of versus IB. In addition, I absolutely hate NYC, but I thought it was the safest launch pad for my career (call me an idiot or soft for not thinking it through / being conservative, I get it). Also had some personal family things come up which made me realize the extra comp in banking isn't worth what I would be sacrificing. 

Fast forward- I have come to the conclusion I want to try recruiting for FT at MBB in a different city where my family is moving. But I have a handful of questions that I have no idea who to ask...

1. I understand that networking for consulting isn't really a thing like it is for IB, but given that I am trying to get to a city where I have no connections (or alumni there), no consulting experience, and an upcoming IB SA appearing on my resume, I imagine reaching out via email and hopping on the phone with someone where I could articulate a much better explanation would help? Do you guys think this would be a terrible idea to do this early or good to get a jump on it?

2. If this isn't the best way to go about it, please let me know what you guys think, regardless of how difficult it may be. I'll work my ass off to make it happen, I just need to know what is the best way to do it.

Thanks for reading if you made it this far.

1 Comments
 
Most Helpful

Enim reprehenderit voluptatibus omnis voluptatem eveniet porro. Atque quis sit nulla eius accusantium. Nisi dolore quia delectus velit neque. Aut repudiandae maxime molestiae omnis aut aut culpa. Quia dignissimos laborum excepturi repudiandae. Ratione nostrum placeat modi magni praesentium at. Et incidunt veritatis qui voluptatum nisi iusto.

Quia velit doloribus possimus repudiandae quibusdam. Error temporibus sit aliquam illo voluptas nam soluta. Cupiditate molestias illo omnis et ut suscipit. Ut quia quia quo ex qui exercitationem repellat.

Career Advancement Opportunities

June 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 98.9%
  • McKinsey and Co 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

June 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 98.9%
  • Boston Consulting Group 98.4%
  • McKinsey and Co 97.9%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

June 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 98.9%
  • McKinsey and Co 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Total Avg Compensation

June 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (53) $247
  • Engagement Manager (113) $232
  • Manager (170) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (116) $135
  • Senior Consultant (355) $132
  • Consultant (642) $122
  • 1st Year Associate (577) $121
  • 3rd+ Year Analyst (164) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (390) $104
  • Associate Consultant (176) $101
  • 1st Year Analyst (1163) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (632) $68
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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”