Those two firms staff ex-MBBs as "Independent Professionals" on projects. It pays around 2000 USD / day ans you become their sub-contractor to execute on projects they sold. I am currently at MBB (associate) and I HATE it due to the work/life (im)balance. Met a guy that works as Independent Professional and he told me he works 150 days/years and makes around 300 k USD. Rest of the year is FREE TIME. They have loads of projects for him so he can choose between projects and it´s easy to say NO. For me that sounds like the first easy option to reach freedom again and still make decent money - but maybe I miss something. Has anyone heard of the above firms and has a perspective on it???
Mar 25, 2008
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From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
This feels like a pseudo-ad.
Why did you list your industry as Investment Banking if you work at MBB? Also, what do you mean by 'Associate' - none of the top 3 consulting firms (unless BCG has stopped using the 'Analyst' title) use this title.
Sorry if I created that feel. I created my Account quickly only to post the above. Well, McK still has Associates :-) (post MBA/PhD). It felt like an ad to me as well when I heard about that...sounds too good to me, but the guy is an ex-colleague whom I rather trust...
BCG: analyst = Associate and McK changed Consultant to Associate.
I see, appreciate the clarification.
I've only been out of the consulting game since mid-2006 and already my rust is starting to show.
...any comments on the original topic?
Its a bit hard to discuss the above topic inside my firm as you might understand, so without being pushy I d hope there is ANY perspective on my original post on this forum... Thanks in advance, I´d really appreciate it!!!
I don't know what you expect people to say... it sounds great but there are a lot of potential negatives that I am sure you have already considered. Other than myself and smuguy, there aren't too many consultants who post here regularly so I don't know how much additional perspective you are going to get in the next 1-2 days.
If you are serious about pursuing it, why not discuss it directly with the firm in question? And are you seriously unable to discuss this with people in your current firm? I am sure you can at least discuss this with people from your class or friends etc. No one is going to rat you out to HR.
Thanks for the comment, ideating! I am not sure about really purusing it, as it has of course also significant downsides as you said (no security, looks probably poor on your resume and therefore closes a lot of future doors,...). But I really don´t want to discuss it within the firm...rumor spreads far to quickly...I might call the guy again who initially told me... By the way, what´s your longer term plan and what are the relevant drivers (money, lifestyle...)
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