I am considering pursuing management consulting and I was wondering if there is a large difference in the type of work you do working at an MBB vs. a 2nd Tier firm (such as Big 4 accounting firms ).
Do you work for bigger clients at a Big Three? How are the two different in terms of work, clients, travel, etc.?
If you work/are interested in the industry, feel free to add something as I am open to any contributions.
I'd suggest searching for all the prior threads on this and then coming back with more refined questions. There's a lot of data on this site already.
I'll give you the 10 second summary:
T2 in the US is, give or take and in no particular order, Deloitte S&O/Strategy& (PWC)/Parthenon (EY)/LEK/ATK/Oliver Wyman. Accenture is there for tech but not anywhere else yet.
For the pre and post MBA roles, they are very similar to MBB in terms of hours, travel, clients, work, etc.
MBB gets the very best flagship engagements on the market but outside of that compete with T2. They all work for a broad range of clients but t2 is well represented at F100 firms, alongside MBB. It's not uncommon for a F50 client to have multiple teams from different firms onsite at once working on different projects.
Compensation is similar until manager level, where MBB begins to break ahead hard and fast.
Exit ops - again, there are "flagship" ops that might only be available to MBB (megafund PE, etc) but by and large it's similar.
BSchool ops are the same, M7 including HBS/GSB are available for all those firms, but generally MBB will skew a little higher towards M7 as opposed to T15 whereas tier 2's will be more broadly represented.
This info is all already well discussed here though.
.