L.E.K vs. EY-P (SSG)
Hi all,
I'm currently a senior at a T10 school majoring in CS. I've been fortunate enough to receive offers from both L.E.K and EYP (Software Strategy Group), and I'm hoping to get some insight on a few things so I can make a more informed decision:
- Type of work / WLB:
I know that both firms focus a lot on PE DD projects, with the SSG concentrated in the software economy. Since I come from a tech background, software-focused projects are appealing to me, but I'm wondering if this is over-glamorized and is in essence the same type of work done at L.E.K. Additionally, will the WLB be any different at either of these two firms?
- Exits into PE vs. Tech Strategy:
I'm considering moving into either PE or a strategy role within a tech company after a few years, and I'm wondering what the best choice is to keep my options open for both routes. I know that L.E.K can place well into MM PE - is the same true for EYP? I've heard that EYP's reputation has been declining due to internal restructuring, but I'm not sure if SSG is regarded separately from the rest of the organization. Moreover, I'm wondering if SSG will pigeonhole me into tech roles and limit my chances of PE exposure.
Conversely, are the exits into tech far greater at SSG, or will L.E.K still position me well in that regard?
I hate to bring in the word "prestige," but I know reputation plays a role MBA placement and overall exits. Is one of these groups regarded more highly than the other or better for top MBA chances?
- Pay
Starting TC is around the same for both, but I'm not sure if this changes over time.
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SSG is a relatively new/small group, so if anyone has any insights into these areas or anything related to SSG/ L.E.K at all, that would be greatly appreciated.
.
I'd pick based on your interest in Life Sciences or Software
Not sure where the EYP reputation is declining comes from. It is actually the reverse. The reorg doesn’t affect the type of work you want to go into consulting for
Interesting - yeah, that take is somewhat unfounded (only based on other posts I've seen here). Do you think there are any major differences in exits between the two?
If you're planning to get an MBA, why don't you go work as a software engineer? FAANG would probably set you up better than EYP/LEK as far as bschool admissions are concerned.
There's a few different reasons why I don't want to do SWE right now. One big one is sponsored bschool from these consulting firms.
I've heard the opposite as far as EYP reputation declining. Not sure where you're getting that from.
How so? What is the consensus about EYP? And do you know about their exit ops??
So not sure about their software strategy group but overall EYP is doing very well, according to a friend of mine. My friend just joined their life sciences group. She's a very thorough person that networked across the industry, interviewed with BCG as well, ultimately ended up at EYP. She said BCG had a good culture but EYP has been the best culture she's experienced thus far. Every group and city will be different but she's had nothing but positive things to say about everyone at EYP. She also said EYP is really breaking away from the traditional "Big 4" strategy arms in terms of the nature of the projects and the volume of business coming in.
Bump
Both have similarly strong PE exits and MBA placement. EYP SSG falls under EYP Strategy, so your work will largely be CDD's in the tech industry as well as tech and product diligences. The group has built a really strong reputation in the market, and you'll have opportunities for both Tech and PE since you'll gain plenty of experience in both. LEK will also provide plenty of CDD experience, and if you choose to stay in consulting for more than 4-5 years, LEK will start to pay bigger bucks later in your career. Both are going to have tough WLB due to the heavy focus on diligences, but at EYP you'll have more access to non-CDD work.
Got it, thanks. Is there a major difference in exits to tech between the two, given that SSG is tech-focused diligence? Similarly, Is there any real difference in brand/reputation, or is it too marginal to be a deciding factor?
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