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Based on the most helpful WSO content, here's a breakdown to help you decide:

EY-Parthenon SSG (Software Strategy Group):

  • Exit Opportunities: While specific data on SSG exits is limited, it aligns closely with EY-Parthenon’s broader exit trends. Common exits include corporate development, corporate VC roles, and strategy/corporate finance teams at large organizations. For SSG, exits may skew more toward tech-focused roles, including VC and tech strategy positions.
  • Upward Mobility: EY-Parthenon is well-regarded, often compared to firms like LEK and Oliver Wyman. It offers strong upward mobility, though it may not match the prestige or diversity of MBB.
  • Culture: The group is known for shorter, M&A-oriented cases (2-5 weeks) with less travel and client-facing time compared to traditional consulting. This could mean a more predictable work-life balance but less exposure to diverse projects.

Altman Solon:

  • Exit Opportunities: Altman Solon specializes in TMT (Technology, Media, and Telecom), which can lead to niche but lucrative exits in these industries. Roles in corporate strategy, private equity, and TMT-focused VC are common.
  • Upward Mobility: As a boutique firm, Altman Solon offers a more specialized career path. While it may not have the same brand recognition as EY-Parthenon, its focus on TMT can be a significant advantage if you’re targeting that sector.
  • Culture: Altman Solon’s boutique nature often translates to a more close-knit culture. However, the work can be intense and highly specialized, which may not appeal to those seeking broader exposure.

Key Differences:

  1. Breadth vs. Specialization: EY-Parthenon SSG offers broader exit opportunities across industries, while Altman Solon is highly specialized in TMT.
  2. Work Style: EY-Parthenon SSG involves shorter, M&A-heavy projects with less travel, whereas Altman Solon may involve more in-depth, sector-specific work.
  3. Culture: EY-Parthenon SSG might feel more corporate and structured, while Altman Solon could offer a more boutique, collaborative environment.

Recommendation:

  • If you value broader exit opportunities and a more generalist consulting experience, EY-Parthenon SSG might be the better choice.
  • If you’re passionate about TMT and prefer a specialized, boutique environment, Altman Solon could be the way to go.

Ultimately, consider your long-term career goals and which firm aligns better with your interests and aspirations.

Sources: How is EY Parthenon viewed vs MBB, Is EY-Parthenon losing its prestige and brand?, EY OTS rebranding to EY-Parthenon M&A Strategy - Thoughts?, https://www.wallstreetoasis.com/forum/job-search/overseas-living-and-travel-or-mixed-cultural-background-how-to-market-that-in-an?customgpt=1

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Most Helpful

The vast majority of SSG's work will be DDs for software based companies. But not only CDDs, they also do technical and product DDs. (Source: I thought SSG was a TMT CDD shop that leaned toward software companies and was corrected by an SSG partner about this during my superday there). Altman is pretty CDD heavy as well but a contact there told me they also do corp strat engagements. 

EY-P is obviously the bigger brand name (Altman is still highly respected in TMT though). But you also will have to deal with B4 bureaucracy and weird organizational structuring, and EY-P also hasn't been doing very well recently.

Both seem to have solid culture and people, with a high level of care towards junior development. I will say that if anything, it seems like Altman is a little more chill (both in terms of hours and work environment) but even then it's close. 

This will likely be a hot take, but I'd personally go with Altman for greater work variety and other reasons that align with my own specific career goals. However, I would try to learn more about just how many of Altman's engagement's are in telecom. Because if it's like 70%+ then I'd go with SSG.

 

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