At the post-u/g or post-MBA level, total comp can be similar, but salaries will typically rise faster at consulting firms that in a corp. strat. or biz dev. role. This may be partially offset by stock option comp. Hours and travel on the corporate side will typically be far less taxing (40-50 hrs/wk vs. 55-75). I'm not sure about exit opps from u/g corp. strat, but it's tough to beat the exit opps from consulting, especially MBB. One more thing to consider: at a consulting firm, you're a billable asset. When you're working, you're making money for the firm. In corporate strategy, you're a cost center (use of cash). When things get tight, corp. strat. roles can a target for downsizing.
BRJ is right on the money, except I think starting out (as an undergrad) in an internal consulting team has a lot of advantages too if you could land the right brand/program (which is tough b/c they are so few and you pretty much have to go to a target school). If you get MBB, take it and don't look back. Personally, I think though that undergrad corp strat > tier 2 consulting, especially with all the consolidation that's been happening in the consulting industry. PM me if you have more questions - I took an undergrad corp strat gig over two tier 2 consulting offers and would be happy to share my reasoning.
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At the post-u/g or post-MBA level, total comp can be similar, but salaries will typically rise faster at consulting firms that in a corp. strat. or biz dev. role. This may be partially offset by stock option comp. Hours and travel on the corporate side will typically be far less taxing (40-50 hrs/wk vs. 55-75). I'm not sure about exit opps from u/g corp. strat, but it's tough to beat the exit opps from consulting, especially MBB. One more thing to consider: at a consulting firm, you're a billable asset. When you're working, you're making money for the firm. In corporate strategy, you're a cost center (use of cash). When things get tight, corp. strat. roles can a target for downsizing.
In-house corporate strategy teams are typically smaller than the strategy teams of consulting firms.
Also, at an increasing rate, the in-house teams take on other tasks for example: strategy and corporate development strategy and analytics etc.
BRJ is right on the money, except I think starting out (as an undergrad) in an internal consulting team has a lot of advantages too if you could land the right brand/program (which is tough b/c they are so few and you pretty much have to go to a target school). If you get MBB, take it and don't look back. Personally, I think though that undergrad corp strat > tier 2 consulting, especially with all the consolidation that's been happening in the consulting industry. PM me if you have more questions - I took an undergrad corp strat gig over two tier 2 consulting offers and would be happy to share my reasoning.
Ducimus voluptatem recusandae nihil et quibusdam impedit repellat. Velit et velit nobis molestiae odio. Veritatis non labore et aut.
Quia voluptates commodi aut eos voluptates. Perferendis voluptatem sit qui doloribus fugit id eum commodi.
Sapiente in perferendis aut id. Officia et pariatur sed a ut.
Ut omnis necessitatibus necessitatibus quia molestiae minima adipisci error. Fugiat iste perspiciatis tempora voluptatibus aut. Sed qui est dolore animi illo qui nihil quidem.
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