Analyst: Small natural resources boutique or go for larger firm?
Hey guys,
Long time reader, new member.
I am currently approx 5 months out from graduating (graduate april 2012) and am considering either sticking with my small boutique consulting firm or applying for a larger consulting firm. I don't think I would have much of a chance for MBB with a GPA of 2.9 but I think I would have a shot with a big four or mid-tier with my consulting experience.
At my current firm we specialise in natural resources, mostly in coal. I am working with a team that is implementing a Management Operating System. Most of my work is around creating process documents, excel/word monkey, reviewing work from other consultants etc. Also had an internship at Deloitte (they wanted me to do consulting/accounting so wasn't interested in offer).
I have listed the pros and cons of each that I can think of and it would be great to hear what you guys think.
Small boutique: Pros: - Given responsibility early (I hear more 'do whatever you think and we can discuss' lately) - Director/project manager’s available to contact easily - Better work/life balance if working in the office - Likely to get sent off to on-site which is good $$$ (dependent on deal flow though) - More contact directly with client - Fantastic culture
Cons: - Risk of slow deal flow - Director wants me when I graduate to just 'learn' from working on a range of projects (we also do some safety work (not regulatory)) which I fear may mean low pay and little responsibility/project ownership and thus less job satisfaction - Non-brand name - Few people my age (the youngest above me is 28...im almost 20) - No training available (more of 'learn on the job') - Relies on a few 'star consultants', if they leave can have strong adverse effects for firm
Large firms: Pros: - Well know name - Likely strong deal flow - More variety of work - More people to network with - More people my age - Training programs - Career progression clean - Easier to exit to industry - Better chance for more well known MBA school
Cons: - A while before you get more responsibility - Little contact with client at analyst level - Likely long hours - More politics (I would think)
Any comments would be appreciated.
you will have a chance to lateral later in your career in a worst case scenario, develop your skills
Stick with you current gig and apply to others, yes?
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