AT Kearney vs Strategy& (Booz) offers
Hey guys,
I would like to get your input regarding these two firms. I have full time job offers from both and I am not sure which one to take. Both post MBA offers are for strategy roles and are located in an emerging market.
1- The Strategy& brand name I feel is much more prestigous than ATK but then again PwC might fully merge S& and then ATK might be a more solid brand name than PwC.
2- Im hesitant about the S& - PwC integration due to culture clash and big salary gaps between consultants from both firms (as mentioned the positions are in an emerging market). A consultant at S& might have a salary x3 that of a peer at PwC.
3- I did my summer internship at S& and really liked the office, the culture and people
4- Salaries are on par, ATK provides a better package given some perks
I am thinking about doing consulting for just 2-3 years.
Whats your take guys? which firm will give me the best exit opportunities 2-3 years down the road?
You're probably more "in the know" than I am, but based on conversations I've had, it seems like the integration is going to entail Strategy& doing the strategy work and PwC doing the execution work, so I'd expect the salary gap to maintain - Strategy& will continue to need to compete with MBB's for talent.
Prestige wise at my school, I'd say Strategy& has probably a better brand name, slightly, but not enough to really matter. Big thing at Strategy& too is that you don't come in as a generalist and need to pick a function/industry off the bat...that might be a pro or con for you.
According to this http://managementconsulted. com/consulting-salaries/2015-management-consulting-salaries-undergraduate-mba-interns/
There's no pay gap between PwC and Strategy&. In fact, PwC's pay is on par with MBB if these data are accurate.
Thanks for the great link!
Thanks for the great link!
Strategy& pays way more than PwC and even more than most of its competitors. In Germany they tend to pay about 10-20% on top of MBB's 65,000-70,000 base and pay the same bonus and perks, PwC pays 48k-50k for graduates with none or slight bonus only, depends on the team I've heard. The whole recruiting is separated and S& seems to be mostly independent, I've applied to all consulting firms, so I know the processes.
IMHO Strategy& has a better reputation than ATK, which is not in good financial shape and will soon become an acquisition target anyway.
Else I perceive S& on par with Oliver Wyman and ahead of the remaining non-MBB firms, in Germany/Europe Berger is probably ahead of those two.
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It's not wrong at all, the situation in Europe is just different. PwC Consulting in Europe pays much less and Strategy& much more.
Strategy& is a management consulting firm, PwC Consulting is not, strange if they were paying almost equally.
Would be interested where you have the information from? Cannot believe that they offer equal pay to MBB.
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Btw, a lot of firms pay close to MBB now. Accenture starts at 75k +10k sign on, Deloitte is pretty similar as well.
To shed some light on your question. I am coming out of undergrad, going to Strategy&. They do indeed pay just as well as MBB, my starting salary is 75k (and the bonus is similar or better than MBB - up to 25% of base). Actually most of the big firms pay similarly to MBB, Deloitte Consulting (S&O) and Accenture (Strategy) included.
I cannot speak for MBAs but I would guess it's similar.
Hope this helps!
S& post-MBA offers were $145k base this year
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