Need Help Comparing Offers:Deloitte Technology Consulting v.s. Citibank Strategic Planning

Hi WSO, I recently receive these two offers. Offer 1:Deloitte Consulting (Analytics & Information Management) Offer 2:Citibank Strategic Planning Assistant (Consumer Banking Contractor with chance to convert to FT analyst)

The job in Citi would be assisting with planning for credit card operational strategy in consumer banking+compute interest rate and payment related work. My ultimate goal is to either lateral to MBB or get into top MBA schools, preferably after working for 2-4 years, and my interest is business strategy. Which one should I go for to get closer to a real"strategy role" and get a higher chance for top MBA schools?

12 Comments
 

I see. But my plan is to lateral to MBB/apply MBA after a few years, so doesn't it make Deloitte a more straightforward choice even though it's not S&O? Or the experience in Citi is still more valuable than Deloitte on the career development side apart from salary?

 
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My concern is that banks tend to heavily upsell job titles, especially in consumer banking. I know exactly what you will be doing with Deloitte and it's good work, pays well, and you'll be able to get into a good (but maybe not great) MBA program. It probably won't put you on the MBB track. Citi could be much, much worse. I have seen titles like that literally thrown in bank branches helping people apply for loans. That's definitely not MBB track.

However, if it is a true corporate strategy position, then you will be in a much better place to write a unique MBA application and apply to MBB.

If you want to be a consultant, then I would probably go to Deloitte. If you know exactly what you will be doing with Citi, and it is related to business or corporate portfolio strategy, then go for that.

 

If you don’t like your group in Deloitte perhaps after a year or two you could move into the Strategy and Ops part, and that would definitely help you to lateral to MBB.

 

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