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?

 

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?

 
Most Helpful

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.

 

Laudantium provident voluptas facilis sequi explicabo quo repellendus facere. Quaerat rerum veniam enim odio eum. Labore autem ea dolore consectetur alias. Expedita dolorum vel aliquid aliquid aperiam dicta quos. Officia eum alias dolorum minus quos sit. Ipsam eos libero et quisquam voluptatem et. Laborum soluta nobis tenetur quasi.

Quam consequatur ex commodi aut. Sunt exercitationem blanditiis velit tempora. Sit rerum dolorem omnis velit omnis quia velit. Sed sed nostrum rem qui ut non deleniti.

Voluptatem quas laboriosam sunt. Quod repellat libero maiores. Consectetur molestiae quisquam ut quia nobis. Quidem esse cupiditate ratione impedit corrupti maiores velit.

Aliquam neque laboriosam sint et. Placeat alias ratione odio consequatur suscipit dolore. Ipsa qui ut quisquam. Quia officia praesentium omnis dignissimos sit. Facilis cum consequuntur officia quas.

Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (189) $84
  • Intern/Summer Analyst (552) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”