Strugguling to decide between Consulting and HF Investing
For context, I’m, currently a college Freshman and my plan is to work in either field for 4-5 years after graduating from college and after that start my own business, but I’m struggling to decide on whether I should pursue consulting or Finance, and I want to decide as early as possible because I know getting internships is crucial to break into either field.
Finance Pros:
- I have been analyzing stocks and investing into them for a while and I really enjoy it
- Would give me the most experience with things such as financial statements, accounting, overall analysis, etc,
- Would see many examples of both failed and successful businesses
Finance Cons:
I would hate IB work so 2 of my 5 years would be miserable until I can exit to the buy side
- I’m not a great salesman so I’m not sure how well I would perform in IB
- Harder to land a job
- Experience may not be as directly applicable to running a business as with consulting
Consulting Pros:
- Also think I would enjoy the work since I like problem-solving and alike and wouldn’t be miserable for 2 years
- Experience would be more directly applicable to running a business
- Marginally easier to break into
Consulting Cons:
- Don’t think I would enjoy the work AS MUCH as I would enjoy investing
- Would work more on specific problems than getting overviews of whole businesses
- More threatened by AI?
If it’s relevant, I’m an international student.
I can assure you, consultants have absolutely no idea on how to run a business either
Consulting recruits much later than finance. Don’t see where the struggle is. Also it’s pretty transferable not really a big commitment either way
What would you say abt doing 2 years in consulting instead of IB and then going into HF? So I can have the best of both worlds
Look around LinkedIn the transfer isn’t so common. Doesn’t mean it can’t happen ofc.
Do what you want to do it’s. Both IB and MBB are bitch roles at junior level
Know thyself.
Which type of person should go in either direction?
You need to read a ton and enjoy college to gain life exp before making a decision like that. Do whatever you’ve naturally been drawn to as a kid. You will be the most fulfilled and make the most money that way. I can’t answer this question for you but pigeonholing yourself in consulting or IB to HF as someone who doesn’t understand the world or themselves yet makes no sense.
Unde fugit rerum nam facere aliquam similique. Et ipsum incidunt laborum occaecati laudantium et ipsa autem.
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