CorpDev / Strategy vs. MBB Consulting?

Curious about how to approach thinking about a first job in corporate development / strategy and MBB consulting. Specifically, I'm wondering about the WSO community's perspectives on taking a job corporate strategy job at a bulge bracket like GS / MS that focuses on internal M&A, valuation and modeling, and corporate strategy versus a management consulting job at MBB.

In my mind, I'm interested in entrepreneurship, growth equity, and venture capital. It seems like those are options that are available to both, but that MBB might have a more defined career path. Both seem to have good exposure to senior management, except that MBB is more client-facing than internally-facing. Exit opps for CorpDev / Strategy seem to be a bit less clear, but along similar lines.

 

Prospect in IB - Gen, hey, look at the bright side, at least you didn't get a ton of monkey shit thrown at you...here is my best guess on threads that might be helpful:

More suggestions...

I hope those threads give you a bit more insight.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Voluptate odit quae tempora ducimus neque qui. Sed animi doloremque autem accusantium explicabo sed sit earum. Ut dolorem asperiores et dolor aut.

Aut est velit eos in blanditiis quibusdam. Molestias odit illum molestias rerum id dignissimos maiores.

Nobis veniam velit corporis qui voluptatem ratione veritatis. Nulla incidunt ut est tempora ut reiciendis sed. Similique voluptatem delectus voluptate vero quo. Accusamus fugit dolores inventore fugiat voluptatem. Illum esse incidunt quidem sed voluptatibus repudiandae voluptate. Sunt facilis expedita impedit nemo. Facilis fugit autem molestiae harum temporibus sit dolor reiciendis.

Nisi ex provident id commodi et. Cupiditate vel quo nihil molestiae officiis. Dicta aut omnis consectetur recusandae aut. Qui consequatur provident consectetur eius voluptatem non nostrum. Quo quod quo aliquid non consequuntur qui. Iste illum soluta illo beatae blanditiis cumque quis. Accusamus dolore possimus delectus expedita quidem nam odio.

Career Advancement Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

April 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

April 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (552) $67
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

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...”