T2 Consulting Exits
The best thread I could find on this topic was from 2010 and it seems much has changed since then including what "T2" entails. Title explains it pretty well. I've heard it's pretty common for MBB to exit to PE and even sometimes HF/VC outside of the regular F500 corp jobs. Is this possible for consultants from T2 shops? I know some T2's specialize in PE work so I would think that would help with exits but is it possible for T2's to get to the same places as MBB? What T2's have the best exits overall? Is B-School the only option for T2's to break into the buyside?
If you are pre-MBA and are in a DD-heavy firm or working a lot in the PE practice, you can exit to PE, even if you are at a T2. The exit will not be a big-cap PE fund like KKR or Blackstone, but mid-market PE and VC are a reality. I have seen it with my own eyes.
However, if you are at a T2 doing nothing related to PE or VC work, then it will be a tough transition. Getting into PE/VC is hard from any firm. There are tons of people leaving MBB's all the time and most go into industry, not PE/VC.
Consulting to PE big-cap is not common. Regardless of the firm. MBB might have a slight edge, but odds are still not in your favour.
I found a lot of people overestimate the differences in exit opps between Tier 2 and MBB, when these firms directly compete for the same clients and engagements
I'll say it once I'll say it again, OW has really good exits... look at the other forum posts about OW before you @ me