All,
I'm studying for the GMAT at the moment and once I finish I'm looking to go to London or U.S (Irvine, CA/ New York/ Dallas/ Chicago are my options). I would take a couple of months off between roles to further prepare for the GMAT.
My line of work: M&A consulting in a Big 4, with a specialised focus (think 'specialised subject matter' Due Diligence, integrations, separations, synergy, operating model type work)
In terms of legal status: My home country is Australia. I have an Irish passport, so travel options across UK (for now) and Europe are easier than my options for the U.S, as my firm isn't sponsoring for vacancies they're trying to fill. I am, however, trying to get my family green card through my sibling - a U.S citizen.
In terms of the market appetite, Big 4 work culture and consulting salary I know the following: US - Salary: minimum $150k USD for my level - Travel expectations: frequent/ all the time - living expenses: lower than London, but higher than current arrangements - culture: fairly tough / little work-life balance from anecdotal information
London - I know nothing about
Anyone care to provide some insight into the markets within this field?
For London:
Salary - Depends on your level (which you haven't disclosed) but Big 4 salaries are found on the WSO database (e.g. PwC Senior Associate M&A is £52K). Travel Expectations - Not sure but I would suspect less frequent then MBBs (although someone is more than welcome to correct me) because London is the central hub and other satellite offices might travel more Living Expenses - higher than the US cities mentioned except NYC. Culture - Nice with a decent work/life balance. Better than the US
Thanks for the respsonse @G-I the pharma guy.
Role is Manager or AD
Salary would probably be between £100K-150K. Still good for London.
Disagree with the above, this is way overstated. In London big 4 consulting manager would make PS55-80K (depending on the experience and which Big 4) with AD/Senior Manager around PS80-110K.
I took a better look at the WSO database and I agree with Johnny. Revised estimate is £80-110K
I've spoken with 3 of the Big 4 re: M&A consulting and this is what we have generally discussed and they are generally standard across each other:
Thanks mate.
If it helps, I do Integration/ Separation type consulting (tech focus) $130k USD yeah? So approximately 95k+ Quid
I'm more interested in international travel if this is more likely with the UK
What's your view on doing a secondment versus transfer (resigning then starting up full employment)?
From my Big 4 experience, you are more likely to travel internationally (Europe wise) from the UK office rather than the US where you travel will be mostly within the country (but sometimes to very remote places). At the same time, consulting salaries in the UK are significantly lower than in the US.
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