BAML Tech M&A Palo Alto vs. Oliver Wyman NYC vs. Deloitte S&O NYC vs. LEK Boston

Have offers from each and only a week to decide. I'm concerned about moving to PA (I don't know anyone there/am not a tech nerd), and have a lot of friends in NYC and Boston. In terms of long term career goals, I don't really know what I want to do, but corp dev and PE sound interesting.

I know a lot can be answered by the basic "Banking vs Consulting Argument", but I'm more concerned about where each option would leave me for long term opportunities for b-school and other career moves.

In terms of the different consulting offers, I know OW is most prestigious, but I don't want to be pigeon holed with working on FS consulting cases (too boring consulting for commercial banks and insurance companies).

This is a lot, any help is much appreciated.

 

Nobody can tell you if you want to do IB or consulting, either option will lead you to PE, VC, Strategy/Operations, Corp Dev, Corp Finance. IB is more hours, better opportunities after, higher pay.

For consulting Deloitte>OW>LEK, you can basically throw out LEK unless you really want to live in Boston.

How do you have four offers simultaneously?

 
Best Response

These are a lot of offers, congrats. I had a hard time convincing consulting shops I wasn't a die hard banker (guess what? They didn't believe me). Getting an IBD and multiple consulting offers is a great accomplishment.

That said, I'd say keep consulting considerations to Deloitte and OW. They're pretty close in prestige/strategy work, with Deloitte edging out by a small hair. I won't comment on BAML, except that I did an IBD stint and GBAM credit stint at BAML. I'm not there anymore and so, so happy I am not. Bad culture for sure.

 

From what I've been told, BAML Tech M&A places well into corp dev at Tech Companies and also at tech focused PE shops. I know that the opportunities may be worse right after consulting, but I end up getting an MBA anyways, then whats the difference?

And interesting to hear Deloitte over OW. I found the people I interviewed with at Wyman to be far more intelligent than at Deloitte. Hardly know any Ivy kids going to Deloitte as compared to OW...

- "the reason most people fail instead of succeed is because they trade what they want most for what they want at the moment"
 

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- "the reason most people fail instead of succeed is because they trade what they want most for what they want at the moment"

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