Jul 19, 2016
Trending Content - Management Consulting Forum
| +31 | M vs BB | 12 | 3d |
| +9 | MBB Raises | 4 | 2d |
| +1 | Going into consulting post IB summer | 4 | 2m |
Career Resources
Career Advancement Opportunities
September 2026 Consulting
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Boston Consulting Group 99.5%
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Bain & Company 98.9%
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McKinsey & Company 98.4%
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Oliver Wyman 97.9%
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LEK Consulting 97.4%
Overall Employee Satisfaction
September 2026 Consulting
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Cornerstone Research 99.5%
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Bain & Company 98.9%
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Boston Consulting Group 98.4%
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McKinsey & Company 97.9%
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Oliver Wyman 97.4%
Professional Growth Opportunities
September 2026 Consulting
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Bain & Company 99.5%
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Boston Consulting Group 98.9%
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McKinsey & Company 98.4%
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Oliver Wyman 97.9%
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LEK Consulting 97.4%
Total Avg Compensation
September 2026 Consulting
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Partner (4) $361
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Principal (30) $294
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Director/MD (58) $274
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Vice President (52) $246
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Engagement Manager (114) $233
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Manager (171) $173
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2nd Year Associate (185) $142
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3rd+ Year Associate (116) $137
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Senior Consultant (355) $132
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Consultant (642) $122
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3rd+ Year Analyst (164) $121
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1st Year Associate (577) $121
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NA (16) $114
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Engineer (6) $114
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2nd Year Analyst (393) $104
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Associate Consultant (176) $101
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1st Year Analyst (1164) $90
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Intern/Summer Associate (208) $83
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Intern/Summer Analyst (640) $68
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 | 99.2 | |
| 2 | 99.0 | |
| 3 | 99.0 | |
| 4 | 99.0 | |
| 5 | 98.9 | |
| 6 | 98.9 | |
| 7 | 98.9 | |
| 8 | 98.9 | |
| 9 | 98.9 | |
| 10 | 98.8 |
From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
It happens but rarely. Most firms are not keen on experienced hires at the entry-level since they typically have more than enough resources on hand who have undergone their firm's training and have already been part of the culture.
My main question for OP is.... why would you want to? If you're going to be at the firm for 2-3 years and then get an MBA, going from, say, OW to Bain isn't going to dramatically increase your odds of getting into a top MBA program and you wouldn't have the benefit of generating a strong relationship with a specific EM / Partner who will write your recommendation.
Thanks for your response. It was just out of curiosity. I've been reading a lot about PE and VC and have been developing an interest in both. It seems like both are very hard to get to post MBA as well as from a tier 2, so I was just wondering.
Ah, got it. If your ultimate goal is PE/VC, you're better off pursuing banking than consulting. While consulting DOES place into PE/VC, it does not so at near the rate of banking. That said, you are correct, you're definitely best off at MBB for PE/VC recruiting.
That said, my original statement still stands; switching to MBB pre-MBA doesn't happen often. That's not to say it never happens, it's just rare.
This.
I've been at Tier 2 for 10 months (joined straight from undergrad) and just received an offer from a PE / PE advisory firm.
Congratulations on the offer. Mind if I PM you to talk about how the recruiting process worked and a little more detail about the job?
Please do
Could you do an AMA or a summary of your experience? I'm sure there are many people interested in hearing your story.
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