Q&A: S&T>>MBB

Hi guys, To use the cliched introduction, I am long time reader of WSO but never contributed. If you do the slightest bit of data mining on this account, you can see it is brand new, which really shows my level of contribution prior to this date. However, WSO has been a great community that gives great career/life advice, keeps college kids (like me) in check, and provides an accessible flow of resources for professionals of all stages in their careers. To return the favor, I am hoping to start my series of "Blogs", starting with this Q&A, and, if the demand exists, to other topics: recruiting tips, "distractions" like prestige when picking career paths, my career path etc. I would love to get feedback on this post to see if I could add value to this community.

Now, for the Q&A, I will write a bit about myself (I'll keep it brief-ish). I came from a small town with zero knowledge of finance/consulting. Upon reaching college, it took me a solid 2.5 years to even know the difference between banking, trading, and Asset Management (and economic/management consulting...I know, pretty bad). I was very lost and applied everywhere my second year and interviewed at a few places, horribly. My junior year, I was set on S&T and only applied to that division and, luckily, continued to work at a BB for S&T. I really loved my experience, but as many, I couldn't say I wanted to do it for the rest of my life. So, what's the best option for college students who don't know what they want to do yet? Management consulting. And here I am. I will be working at MBB for a head office and I would be more than happy to speak more about recruiting, office preferences, why I made my choices, etc. tl;dr I'm new to writing. Be nice, ask me shit.

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

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  • 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

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  • Principal (25) $277
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  • Engagement Manager (100) $226
  • Manager (153) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (588) $119
  • 1st Year Associate (539) $119
  • NA (15) $119
  • 3rd+ Year Analyst (147) $116
  • Engineer (6) $114
  • 2nd Year Analyst (345) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1050) $87
  • Intern/Summer Associate (190) $83
  • Intern/Summer Analyst (552) $67
notes
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