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 ...
  • If I Don't Get Into Management Consulting/Strat Work... is especially bad because I am a rising senior and am now royally fucked in terms of having any shot ... at consulting, save one contact at MBB firm. Therefore, because my chances of working in strat ... lost during the school year in terms of exactly what I want from my career. I took a personality test ...
  • 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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