Deloitte S&O Federal Consultant vs. Capital One Sr. Business Analyst

Have offers from both and have to decide very soon. Salary and benefits are comparable, Capital One seems to offer a much better work/life balance with faster promotion schedules, and obviously the work is different (federal vs. commercial in-house). My main concern is exit opportunities. Which one is better from the perspective of transferring to MBB, going to a top-3 business school, or moving directly to my end-game: a senior in-house strategy role in industry (tech, finance, media)? [For background, my work history is non-business so far so I am breaking into this industry, and I graduated from a top undergrad.]

 
Best Response

Welcome to DC. If your concern is exit opportunities then I would suggest taking the position with Capital One because federal consulting experience is not directly transferable to private sector work and you will get pigeonholed. PwC/Accenture/Deloitte/E&Y/KPMG and tons of other firms have groups like this in DC, so it will be hard to differentiate yourself from the large pool of federal consultants if you want to make a switch.

"You lose money chasing women, never lose women chasing money" -Nas
 

Agree with the first comment - unless you plan to go directly into a top MBA program after a few years, Federal experience can be a death spiral, and it doesn't provide you any real advantage to actually getting into one of those programs (unless you're building windmills in Cameroon with DOE or something). It will be very difficult to get out once you're in.

Having experienced the Federal life for 2 years, my advice is go with Capital One.

"Run for your life from any man who tells you that money is evil. That sentence is the leper’s bell of an approaching looter."
 

Getting your foot in the door at DC Federal and then switching to commercial is not impossible, depending on what you do. For instance, they pull or matrix out resources often from Financial Services that have experience with risk/regulatory/audit consulting in the government space. Additionally, if you network and get in front of the right people that staff their own projects you can easily make the switch (the commercial/federal division does not have the Chinese wall that other shops do).

 

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