JPM IB vs. McKinsey NJ
Goal is b-school exit in 3-4 years, what would you do?
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What JPM group?
Group is FIG in NYC
For b-school, McKinsey is almost always the better choice
McKinsey
Thanks for the input, I was wondering if the NJ location would put me at a disadvantage?
Don't just focus on what you want to do with this job in terms of b-school. Focus on what you want to do with this job for your career. What if you take the FIG job and then realize that you don't need to go to b-school at all because you are getting a great buy-side shop?
Depends on whether you want to go to business school for finance or strategy...you shouldn't want to go to business school just to go. Need to have a reason, otherwise thinking about it is silly.
if the goal is just b-school then McKinsey hands down
You will have more money saved living in NJ than you would in NYC. On the flip side you will get laid more in NYC (at least I did ... NJ has it's own system for slaying tang). /assuming you are a dude
If you are a girl, and don't go for Daddy types (New Jersey) I suggest you park your tushie in NYC.
What is the obsession with leaving good jobs and dropping 250k on b-school? I only kept b-school as a backup in the event I ever failed at my current career (I didn't) or wanted an extended vacation and was in need of an excuse.
Megafund PE and upper middle market shops kick you out after 2 years and make you get an MBA if you want to move up to VP.
I would think someone should choose Consulting or Investment Banking (or any job for that matter) based on what they want to do with their career rather than a means to an end for re-branding yourself in b-school. In your example, I'd assume IB would be better for your resume heading into b-school if being a VP in PE is what you were after. Seems like the OP just wants to go to b-school, so I still don't understand the obsession.
Read CompBanker's 'why MBA' post (he was a VP in PE before MBA).
and to the OP - if the end goal is just MBA and you're indifferent to what you do, then McK. Otherwise, you should choose based on interest - are you more interested in banking work or consulting work? Your inherent interest in the role should be a big decider - because it also determines your performance (you'll do better in something you like typically) which drives exit opps
If you have goals in between MBA plans (e.g., PE), then you need to assess which job is a more traditional path to said jobs. If you aren't geared towards anything in particular, or it's not something quant heavy (like going to a HF), McK generally lends to broader opportunities in corp or bus development or startups/entrepreneurial endeavors, in addition to things like PE (less traveled, but McK --> PE definitely happens).
OP has been reading too many of Brady's posts fluffing all the dudes at Wharton and HBS
This post is hysterical. This individual allegedly has the opportunity to join a couple of the most prestigious firms in two of the most competitive and lucrative professional industries in the free, developed world. The end goal? Dropping a quarter-million on an MBA.
The answer is obviously neither. You should work for TfA.
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