F500 Corp. Strategy vs. Boutique Consulting
Hi everyone - I have two offers that I'm trying to decide between. One is with a F100 corporate strategy team...a group of 25 people doing strategy work for the firm. The firm itself doesn't sell the most interesting services, at least in my eyes, but this may well change once learning more about the industry.
The consulting firm is a boutique, about 75 consultants, focusing on an industry that I find to be more interesting than the F100 firm.
The pay is about the same. They aren't located in the same location (the F100 location has the advantage here). Exit opportunities, at least based on what each firm told me, seem to be similar - top notch B-schools for the most part (or move up through the firm).
I know that many people use consulting as a way to get to F500 corp. strategy. Should I just skip consulting and go right to corp. strategy right out of undergrad? I do see myself going to business school in the future, for whatever its worth.
Let me know if you have any advice...kind of stuck here. I imagine that the Analyst role would comprise of similar work at both firms.
F100.
F100 but how were you able to land a F100 Corp Strat gig and not a more legit consulting gig?
Depends on whether you are looking to start a career or set yourself up for b-school. The F100 Strat group would probably look better on paper for a b-school application. Plus, if you choose the boutique consulting company, when you apply to business schools, you will essentially be "competing" against all the other consultants from more prestegious brand name companies. However, if your long-term post-mba career goal is to do Corp Strat in the industry that the boutique consulting firm specializes in, I would very strongly consider that option.
If the F100 is Insurance, and post-mba you want to do Tech... and the boutique consulting company specializes in Tech, then it would be stupid to take the F100. You know? My vote would be to take the job in the industry that you're most interested in. Good luck, and congrats on the offers.
It's pretty tough. Chances are you'll learn a lot more and a lot faster if you pick the consulting firm vs the in house group. But that acceleration will come at the expense of a considerably worse work-life balance (also brand value of the firm may be an issue depending on how unknown it is). There's a lot of truth to the saying "a year in a consulting firm is worth at least two in industry".
If your goal is to accelerate your career growth, I'd say pick the consulting firm. If you want a steady and comfortable climb, go with the in house group.
In any case, congrats on the offers and good luck with the decision.
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