MBB to ACN Strategy - Thoughts?
Dear community, hope everyone is safe and well.
I'm a post-MBA consultant at an international MBB office. COVID has struck my office pretty bad - from 17 post-mba consultants joining the firm 2 years ago, 15 were let go last year because of the weak project flow. I was one of the two survivors, but I was told I will not be making to Manager in the next promotion cycle - I was unstaffed most of the time this year and unfortunately could not develop certain areas. It sucks.
I recently got an offer from ACN Strategy to join as a Manager. I'm not sure what to do: I enjoy consulting but I have not found many info on ACN Strat - from what I researched, it seems like a steep downgrade. But I enjoyed talking with the partners on the recruiting process, and comp-wise is pretty similar to an EM/PL/M would make - possibly the gap will increase in the future.
Apart from ACN Strategy, tech is also an avenue I am exploring (local unicorns/FANGs/Uber).
Any (candid) advice here on how to proceed would be greatly appreciated. Also, any materials on ACN Strategy is also greatly appreciated.
I made a similar switch, albeit not to a Accenture but another Tier 2 shop. Can help you out! Feel free to send me a PM.
I would not take it. It'll look like you were fired. You mentioned you're interested in some other exits -- I'd explore those first, or try transferring to a different country's office
tks - in some ways I was fired lol. The up or out policy is brutal, especially in downturns.
From what i'm exploring in tech, the offer from acn is higher in terms of comp, but lower in terms of brand i'd assume... tough choice
Oh okay -- I thought you were just leaving because you wanted to get to manager title more quickly
It sounds like (1) You have an ACN Strat offer now presumably with an expiration date, (2) You will be forced out of MBB soon, (3) Your country is still strongly feeling the economic impact of COVID on job prospects, (4) You don't have a tech offer right now and are still in the earlier phases of exploring the industry and what roles are available, and (5) You do like consulting. In this basket of assumptions, given "a bird in the hand is worth two in the bush" (i.e. you don't want to lose an offer you have for an offer you don't have) I'd take ACN Strat and feel really happy that you ultimately found a good job despite challenging macro conditions, while continuing to explore tech roles
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