Office Decision, does it matter?
Just a quick question, I know in IB there is a significant difference in quality of experience depending on location, is the same true for consulting, or does it not matter as much? Thanks for the help
I’ll put it at this...
Trading Bonds in New York is much more prestigious than Equities in Dallas
IB
Hi - assuming you understand the reason why location is important in IB, you should be able to apply the same logic to consulting to figure out the answer.
For example - let's take Goldman's NatRes team in the NY office vs the Salt Lake City office. There is a large difference in experience because:
So ask yourself this...will you be getting senior exposure at the office you chose?
So ask yourself this...what type of talent does the office you are targeting attract? What type of peers will you have?
Just my 2c. I am a student but I had IB offers from 2 major banking hubs and this was part of my thought process. I try not to comment much on here since I don't believe I can contribute better info than some of the certified users but I hope this was of some value.
To put it simply - it depends on your firm. On the whole, there are no meaningful differences in reputation or quality of experience between offices, certainly not to the degree observed in IB.
However, there may be differences in project mix between offices, wholly dependent on your firm's staffing model. Firms with more local staffing models e.g. Bain will provide you with more office or region-specific opportunities, so if you're staffed in New York, you have a much higher probability of being staffed on finance projects. As such, your exits may be molded accordingly. That might sway the decision calculus in favor of one office vs. another.
Other differences play into your experience as well, such as office size. I'd implore you to speak with people from different offices for a more holistic picture.
Agreed. I'm doing healthcare consulting in London but my firm also has offices in Boston and Brussels. I would be an idiot to go to the Brussels one for my career as it would stifle chances of growth and business experience
Thanks for the input, so it seems like it depends more on the staffing model in consulting? Interesting. So if the company I accepted an offer with has a "regional" model does that mean it doesn't really matter because people within the same region tend to work with each other on projects regardless?
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