Work towards Strat Manager in 1-1.5 years or become Ops Senior Manager now?

Hi everyone.

I hope to get your advice on my next career move. Which would you choose if you were in my position? 1. Stay with Strategy Consulting (currently in OW/RB/ATK) and take 1-1.5 years to make Manager. 2. Move back to Operations Consulting as Senior Manager with Deloitte/EY/Accenture within the next few months?

To help you, my 2 main considerations in no particular order are: 1. Pay - Moving to Ops as Senior Manager would mean my pay will decline by 30% from what it is now. Based on limited sample size from Glassdoor, even making Director/Partner in Ops seems to pay 10% less than what i get now as Senior Strat Consultant. This is only based on basic pay. 2. Exit opportunities after 3-4 years - Work is equally interesting and fun in both Strat and Ops to me. There are 2 upsides to Option 1, which are the c-suite level of problem-solving and that projects are much shorter so I get to achieve more. The upside of Option 2 is the higher position and I get to have a say in BD and growing the practice (which I also enjoy). After 3 years, I will make Strat Manager with 1.5-2 years of experience (probably not yet a Strat Principal) in Option 1, or probably experienced Senior Manager or a new Director/Partner (if I'm lucky) in Option 2.

Some info about me: 1. Early 30s with 9 years of work experience in a few Southeast Asian countries. 2. Previously a manager in supply chain and operations with Deloitte/EY/Accenture. 3. Moved to OW/RB/ATK to pursue strategy consulting and have been in it for almost 2 years. New employer discounted around 4 years of my experience. 4. Decent performance track record and good relationship with Partners. 5. Ask me if you need more.

Thanks for reading, and hopefully for sharing your opinions!

4 Comments
 

Hi Tinge, check out these threads:

  • Part of carried interest for Sr. Associate/VP in a small PE fund What percent of the total carried interest do Sr. Associates/VPs usually get in a lower middle ... I'm talking about 3% out of 100%. 3% out of 20% is way too much for a senior associate /VP, even in ... likely for a fund to double in 5 years. For an investment definitely but an entire fund will spread out ...
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  • Checking in 6 years later [IB to MBB transition] I would do most of my work in FIG, but it turns out that wasn't the case. Management consulting firms ... knows where I'd be now. 5% chance I'd still be in banking (based on having been to my 5-year ... should be elected this cycle. I do most of my work in my former coverage industry (TMT). Transition The ...
  • A Discussion on Interest Rates/Macro Fundamentals (Long OP) to have a thoughtful discussion about where you're predicting interest rates to be in 1-2 years ... that the market I've operated in over the past decade isn't "normal" and I should ... period, the Freddie Mac 30-year Fixed-Rate Mortgage Index averaged around 7.62% (ballparking). However, in ...
  • Exiting Investment Banking to Corp Fin / Corp Strat / Corp Dev may be included in comp. Does title matter? I've seem Sr. Associate through Sr. Manager roles ... job (finance, development, strategy, or any mix thereof). I've spent 2+ years here, top bucket, ... did my MBA at top 15 program. Open to most industries, but want to stay in NYC. Have a few questions ...
  • 11 Steps to Becoming a Finance Jedi been in the business for 10+ years but still don't seem to know anything? They tend to share ... before going in. Have a strategy for how to deal with it. For instance, if you're a working class ... not worthy of money trust. 8. Learn to manage emotions in yourself and others. Meditate. Learn how to ...
  • How to Convince My Boss to Include Excel Modeling Into the Job? estate firm and work as an analyst in their multifamily department. My job mainly entails managing ... a must-have once you are in the working environment. Now don't get me wrong, I know how to model in Excel ... loans in my portfolio pretty soon. But overall, pretty basic work once you get the hang of it. This is ...
  • More suggestions...

Hope that helps.

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