Switching from banking to consulting

hi everyone,

im looking to move from my current m&a gig to MBB or tier 2 consulting. I would appreciate if you could share your insight into how you made this transition? 

specifically im wondering:

1) how did you manage case study prep with work? Im thinking of resigning from my current job to work on case study prep

2) how does one leverage the skills / strengths gained from banking to consulting interviews & case studies

thank you all   

6 Comments
 

I cannot overemphasize what a bad idea it would be to quit your current job to case prep. MBB firms aren’t hiring at anything close to regular levels for OCR (read: the normal pipeline). Lateral hiring is essentially nonexistent right now. I’m sorry to be forthright, but you’ve chosen the worst time to try and lateral into consulting. Either wait it out or give it your best shot, but definitely don’t resign until you’ve lined up an offer and hand it in hand.

 

Ad qui dolorem est at id. Est et quam necessitatibus ex neque neque pariatur distinctio. Cupiditate consequatur suscipit ut animi porro aut. Facilis accusamus omnis doloremque libero. Ad laboriosam aperiam veniam est.

 
Funniest

Sunt id consequuntur est rem enim distinctio perspiciatis. Eligendi corrupti quo labore qui assumenda. Quaerat quaerat non vel dolores deleniti. Quia quia necessitatibus est iste. Asperiores velit corporis nesciunt necessitatibus et ullam nesciunt debitis. Earum vero quia rerum. Rerum omnis non laudantium et dolor.

Et in ipsam repellat quis quam. Sed molestiae ut in sed reprehenderit alias quo. Quis vel molestiae commodi dolor pariatur dignissimos et. Ipsam et sit consequuntur aspernatur natus officia.

Career Advancement Opportunities

July 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 99.0%
  • McKinsey and Co 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

July 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 99.0%
  • Boston Consulting Group 98.4%
  • McKinsey and Co 97.9%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

July 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 99.0%
  • McKinsey and Co 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Total Avg Compensation

July 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (53) $247
  • Engagement Manager (113) $232
  • Manager (171) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (116) $135
  • Senior Consultant (354) $132
  • Consultant (642) $122
  • 1st Year Associate (577) $121
  • 3rd+ Year Analyst (164) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (391) $104
  • Associate Consultant (176) $101
  • 1st Year Analyst (1163) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (634) $68
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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
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...”