Venture Capital vs MBB

I would say MBB if you can get into one as a strategy consultant. You will have a lot of exit opps.

Are you asking this in a general sense or do you have a specific VC in mind? Since most VC firms require some IB/consulting/start-up experience, I would imagine roles for undergrads may not be that great - probably a non-investment role. If that's the case, I'd take MBB in a heartbeat. However, if you can get an investing role out of undergrad, I'd seriously consider it - many people leave MBB to pursue VC and, in fact, many desire to but can't make the switch.

In the end, if you want to pursue a career in VC then just take the VC role (assuming it's a good one). If you aren't sure what you want to do, go MBB. Both are great careers and will get you into top b-schools if that's something you want to do.

In general, MBB would give you a broader experience and more versatility down the road.

With that said though, if you can land a gig at one of the top VC funds like Andreesen Horowitz, Benchmark, Kleiner Perkins, or Sequioa, jobs at those places are so sought after and hard to get that the signaling effect might open even more doors than MBB. There's a pretty big dropoff in the VC space after the Top 10 or so funds though, because it's an asset class where the returns are super concentrated at the top. If your offer is for Tumbleweed Capital, don't bother.

Depends entirely on the role and firm. MBB is a known quantity, you'll get an elite name on your resume, a great network, incredible work experience, and a highly structured career path. VC out of undergrad can be entirely hit or miss. Some will have you cold-calling all day as "business development", others may have you in legitimate investing roles which could be great. Some firms are tiny crack-shops, others are excellent and do great work with great people and great firms.

If it's a decent firm and an actual investment role, I would definitely at least consider VC assuming that's something you actually want to do. You may find yourself starting in a position a lot of people would love to exit to later. If you're not sure what you want to do, if you want more flexibility, if you think you'd like the work in consulting more, or if you have any doubts about either the firm, the people at the firm, the work the firm does, your role at the firm, or your future career options at the VC firm, then I'd go MBB no question.