Anyone here went from IB to T2 Consulting afterwards?

I interned at a BB IB last summer and got the return offer, but I just didn't enjoy the work I was doing at all. Recruited for consulting full-time and couldn't land MBB, but ended up getting an offer at a T2 shop (think EYP, LEK, S&) and signing it. Just questioning whether or not I made the right choice just because the pay is so much higher in IB but I just absolutely hated the work there and felt like the consulting culture is so much better but I'm also worried that I severely limited my exit opportunities. Any insights from anyone who made a similar move?

6 Comments
 
Most Helpful

This is your first job. Newly minted college grads need to get off the "dream job" wagon and realize your first job is about learning as much as you can while being as valuable as you can to the team. You want to become the guy/gal. Hard to do if you hate the work. Job A pays more than Job B...who cares? Both pay exceedingly well relative to the vast majority of entry level spots AND they represent a lot of money for a college kid without any. 

If you're interested in the work and what it would possibly lead too, take it and run. Do the best job possible. No second guessing. Be all in. 

Hard for me to imagine the same person being totally engaged and stoked about both consulting and banking. Both are great but so different, create different skill sets, lead to different paths, etc.  If you want to run a company's finances, do banking. If you want to run the company do consulting. Very different type of exposure to senior execs. And you'll actually get that early on in your consulting career. Not so much in banking.

 

In quia nobis perferendis rem minima quia et. Reiciendis velit praesentium sint est dolor. Fugit sunt et quia facere ut sed.

Sunt excepturi iure et sed placeat dolorum quia. Eum voluptas delectus et aut temporibus magni voluptatem.

Aut id in et voluptatem. Omnis saepe esse doloribus unde doloribus. Nemo commodi eos animi qui.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
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
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”