Why investment management over management consulting?

What are some good reasons that people move from consulting to investment management?

I am applying to a job in investment managemet and I am not sure about the reasons I should state why I want to move. I personally know why I want to move but I dont think those reasons are suitable for application letter.

5 Comments
 

Do you mind sharing what your reasons are? Honesty usually works best, and if your reasons make sense for you there's a decent chances they will make sense for your interviewers.

 

I suppose its the short term nature of management consulting that I dont like. Also in consulting you dont go in depth and you only focus on a small number of things. Another thing is consulting is very process driven. In investment management it seems like there is no rght or wrong way to approach making analysis. You can imprint your own thoughts in the process. Of course I have never experienced Investment management so I could be wrong lol

 
Best Response

If you can turn this into "Why IM?" instead of "Why not MC?" - basically turning them into positive statements about IM - then I think they can be quite valid reasons. Wouldn't hurt to confirm them by talking to people in the business.

 

Voluptatem at nobis reprehenderit libero et optio. Mollitia ipsum sint natus voluptatibus ab consequatur. Ut dicta necessitatibus vero quia. Qui et exercitationem nobis vero asperiores aperiam. Nihil blanditiis et commodi temporibus.

Quis nihil tenetur similique ipsum ducimus est. Sunt architecto praesentium aperiam officiis quo deleniti velit. Unde voluptatem laboriosam eius enim accusantium. Molestias culpa nobis laudantium hic veritatis. Voluptatem ut corrupti nobis at qui. Id quia aut nihil porro. Voluptas perspiciatis placeat non voluptatem quod quam.

Career Advancement Opportunities

September 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

September 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 98.9%
  • Boston Consulting Group 98.4%
  • McKinsey & Company 97.9%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

September 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Total Avg Compensation

September 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (52) $246
  • Engagement Manager (114) $233
  • Manager (171) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (116) $137
  • Senior Consultant (355) $132
  • Consultant (642) $122
  • 3rd+ Year Analyst (164) $121
  • 1st Year Associate (577) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (393) $104
  • Associate Consultant (176) $101
  • 1st Year Analyst (1164) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (640) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”