McKinsey Transformation vs A&M Rx Offer Choice Advice

Hi All,

In a unique situation and would appreciate some insight.

Incoming 1st/2nd year analyst with full-time offers from McKinsey RTS/Transformation (their restructuring group) and A&M in their Restructuring & Turnaround group. Tier 1 city.

Can anyone provide some color on pros and cons? Total comp, career progression, brand name e.t.c.? Project differences? I want to stay in restructuring but could be interested in moving to a distressed PE firm or something similar, not necessarily staying in consulting.

Hard to find a lot of info on both these firms restructuring wise but I know A&M is more debtor focused and has a lucrative bonus structure as well.

Thanks so much!

 

Personally I’d start at McKinsey for the more versatile brand name. Especially if you think you might want to move to PE after, having a prestigious brand on your resume is a must for a lot of shops. McKinsey also gives you the added flexibility of being able to exit more broadly if you decide you don’t want to be in restructuring long term, and it’s grad school placement will be much better if that’s something you care about. Comp isn’t as good as A&M, but I’m confident that moving from RTS to a restructuring shop 2-3 years down the road would be relatively straightforward. 
 

That being said, A&M is a great company and no means the ‘wrong choice’ if you find that it appeals to you more than RTS

I don’t know much about the differences in projects and experience, but I got the sense from previous research when I was interested in the space that RTS’s pipeline would have a bit more of a lean towards ‘transformation’ projects that have bit more of a strategy consulting flavor or component but in a distressed context, rather than just pure bankruptcy-oriented work. For example, I imagine they sell some projects that are debtor restructuring mandates with ‘long term strategic planning’ components tacked on. That’s worth fact checking me on though  

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