Hello everyone. I am seeking some advice in regards my next career move. Any thought or suggestion would be extremely helpful.
Situation: New Analytics Consultant Weighing Career Options
I currently work at Deloitte as an Analytics Consultant (for about 6 months) in the Advisory (NOT CONSULTING) practice. I recently received an offer to join Accenture for their Consulting Analyst program. Through this program I'll have a chance to work on Management Consulting, Tech Consulting, or Digital Consulting projects. It is like a rotational program where I can also look into different industries.
Dilemma 1: How Do I Make a Change from my Current Group?
As an Analytics consultant I work with mainly SQL and SAS programming languages. It doesn't matter which industry (TMT, Financial Services..etc) my project is placed into, I'll be working with those programs. Of course there is more than just programming, but that's the bigger part of my job. Recently, managers (Deloitte) have contacted me because of these skills, but I am not interested in programming. My brand at the firm as an Analytics consultant is that I must like to work with SQL and/or SAS among other programs.
Dilemma 2: Will I Be Pigeonholed as an IT Guy?
While Accenture has a decent name ( #5 - Vault Guide- in regards Management and Strategy Consulting), I am a bit concerned that other companies ( Bain, McKinsey, BCG) would see me as a IT guy due to the Accenture name in the technology sector. I was told that most of Accenture's projects are mainly IT related, however there are definitely projects non IT related. Plus, I'll have the flexibility to NOT do coding projects. I like Accenture because I'll be doing the real management consulting. Deloitte Advisory is more like Risk, Compliance, Regulatory consulting. In fact, most if not all, projects at Deloitte Advisory are Risk, Compliance, Regulatory based.
Dilemma 3: Can I Get Strategy Consulting Exposure at Accenture?
Even though the Consulting Analyst program doesn't include exposure to the Strategy Consulting, I was told that I could definitely work with them on certain projects. I would have tried to move into Deloitte Consulting, but that's something that might be pointless. Deloitte Advisory and Consulting rarely work on the same projects. In fact, they (Consulting) have no idea what folks in Advisory do.
- Short-term: My immediate goal is to join a reputable firm where I can do some related work that can help me get into PE.
- Medium-term: In a few years (3-4 years) I would like to attend a really good MBA program.
- Long-term: After I receive my MBA I would like to work for 1. Private Equity, 2.Investment Banking or Top 3 Management Consulting firms (to get into PE).
Accenture Consulting Analyst vs. Deloitte Advisory Consultant: Which Is Better?
If I go with Accenture, I will aim for M&A, Valuation related projects (it's more on the Strategy side). The pay is better than Deloitte Advisory. There is a 15K difference. Plus, the exposure to Management Consulting is great and the possibility to join Strategy projects is there. Plus, a good amount of people who are at Accenture come from Ivy League schools, which is great in terms of connections.
If I stay at Deloitte, then I will aim for Consulting or Valuations practice. This will take a few years with a high risk of not happening at all.
Which one has a better brand (kind of hard to compare since one is Advisory (NOT CONSULTING)) to get into a prestigious MBA program?
In this situation, considering OP's experience and goals, WSO Certified Consulting Professionals recommend making the move to Accenture. Their reasons included:
- Pay bump
- Potential to work on MC
- Could help get into a better MBA program
They also cautioned that the move from consulting to PE would be a steep uphill battle, given how competitive the industry is and how few consultants are able to make the jump.
- Deloitte Advisory vs Deloitte Consulting
- Exit Opps After Working at Accenture, Deloitte and The Monitor Group
- What Are the Chances of Getting into Deloitte/Accenture
Want to learn more about Deloitte, Accenture and other consulting companies?
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