Comments (5)

  • Associate 2 in PE - LBOs
May 9, 2022 - 10:29am

I am interested to hear what factors in your current experience have led you to inquire about lateraling this early in your career.

May 9, 2022 - 1:28pm
kindheartedconsultant, what's your opinion? Comment below:

Would push back on this--I've had friends that have been promised that they could move cities, and then been blocked from doing so after they've been at the firm for a year. I would not bank on moving cities.

Remember, always be kind-hearted.
Most Helpful
May 9, 2022 - 11:59am
kindheartedconsultant, what's your opinion? Comment below:

In the southern system, eh? I've heard that it's pretty bad. Here's a write up I made from a similar post earlier:

Here's where I've seen lateralling at MBB:

1) Intern doesn't get a return offer or didn't get into their MBB they wanted, so they re-recruit the next year for full time and move

2) Manager/PL/EM doesn't get promotion, laterals over to the other firm. Not very common, but I've seen it a couple of times

3) Partner gets poached. Rare, swept under the rug when it happens, burns bridges but for some it's worth the extra money (epecially moving from Bain to BCG or McKinsey, because partners make more over there)

4) I worked for someone that was a consultant at McKinsey, who then went to industry, that got hired by Bain a decade later to lead a practice. Very uncommon.

As for An AC/BA/As moving over, or someone just after business school, I've never seen that happen before. I'm sure it has once or twice, but it's exceedingly rare. Once you have MBB on your resume, the exit opportunities are the same (except Bain has the edge in PE and BCG/McK have the edge in government) so there's no real point in moving over.

That being said, BCG and McK do pay more than Bain and promote you quicker (even after accounting for NAP--don't try to gaslight me), so if you're looking for progression, might as well throw the resume in the pile. Can't hurt, and in this environment, you'd probably get picked up pretty quick.

Remember, always be kind-hearted.
  • 6
  • Consultant in Consulting
May 9, 2022 - 9:55pm

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