Lateral Consutling Hires

I'm a first time poster long time reader. On this forum you hear alot about lateral hires in banking from a mm to a bb, etc. Are there lateral hires in consulting? If so when does that process take place? Thanks.

5 Comments
 

I have heard of lateral hires from 2/3rd tier to other 2/3rd tier firms. I've never heard of anyone getting to MBB, Oliver Wyman, or other more prestigious consulting firms from other consulting firms (except from SA to FT).

 
Best Response

Head hunters have tried to poach us for MBB at times, but I have never heard of anyone from my firm (monitor / parthenon / LEK ish) to actually go to another firm. It doesnt make sense. Yes MBB is great, but its not like my exit opps are soooo substancially worse than at MBB. It doesnt make sense to lose a year or two years.

Now if we are talking at the MBA level I think the argument there could be okay, but you are turning down reimbursement which is a hard pill to swallow as well. Personally I have never seen it although not because it can't happen more because we dont want it to.

 

Suscipit incidunt reiciendis accusantium reiciendis est. Et qui unde odio neque. Veritatis architecto iusto magnam culpa aut tenetur et. Pariatur veritatis eaque quam eos rerum. Deleniti molestias porro neque fugiat rerum ex.

Quod sequi corrupti in aut suscipit. Quam illum molestiae sunt rerum omnis eligendi. Aperiam eveniet reprehenderit iste omnis et ipsam sit.

Life, liberty and the pursuit of Starwood Points

Career Advancement Opportunities

September 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

September 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 98.9%
  • Boston Consulting Group 98.4%
  • McKinsey & Company 97.9%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

September 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Total Avg Compensation

September 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (52) $246
  • Engagement Manager (114) $233
  • Manager (171) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (116) $137
  • Senior Consultant (355) $132
  • Consultant (642) $122
  • 3rd+ Year Analyst (164) $121
  • 1st Year Associate (577) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (393) $104
  • Associate Consultant (176) $101
  • 1st Year Analyst (1164) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (640) $68
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”