Figuring Out a Career at Caltech - Why Consulting?
Basically the title - right now I'm a HS senior (I'm assuming this is like most professional forums which get a lot of traffic from HSers asking annoying questions, so I'll try not to be this way) who's just committed to Caltech, and has no clue what I want to do as a career - I basically got into Caltech by doing a bunch of fun tech stuff which does not translate into a career I'd enjoy.
Now that all that background stuff is done, here's the question: Why'd you choose consulting? Would you choose it over other careers like tech, IB, etc? Is the money worth the WLB to you? And anything else you feel is something you'd want to tell any college freshman thinking of consulting or any other finance career. Thanks for answering. Or reading. One of the two if your this far into the post.
Thanks for the really thorough response! Just a quick add-on, are you planning on staying in consulting for most of your career, or shifting into a more corporate job, and why? I've heard its standard for consultants to shift into industry and leverage their experience for high positions - is it a downstep in comp typically, lateral movement, or an increase? And any other advice you might have off the top of your head.
How are you both a HS senior and a college sophomore?
Because I was a stupid HSer a while ago who thought no one would answer my questions if I didn't say I was in college, and had a specific question for high ranking tech schools. Ironically, now I'm in a high ranking tech school, so ig it worked out.
Consulting is interesting work, hours are better, per hour pay (which arguably matters more if you’re not cash strapped) is higher than IBD. the better hours translate to sustainability and longevity of career. Contrary to what people say, exit opportunities in consulting are worse for the simple reason that high finance is mostly closed off to you. The banker can be a consultant, but the converse is not true. Anyway casing is easy once you’ve done about 20 or so of them. The math is pure BS and inaccurate for the most part in consulting. Great travel, flights, and meal expenses though, your expenses could be near zero after perks (definitely zero on weekdays).
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