Hey Guys, it's been a while. Spent the past few months taking some finance coursework and aggressively networking with Deloitte S&O colleagues. The outreach finally paid dividends, and the team is looking to staff me on one of their engagements.
The issue is I've been staffed on a long term tech project (more BA/Road mapping/Tech Strategy) work and have been given a lot of additional responsibility on the project since I first joined last year. Basically leading a few key work streams, owning major deliverables, and get routine exposure to client VPs. My practice area within Deloitte Tech Consulting has given me numerous indicators that they intend to promote me to Senior Consultant next year, provided I see my current project through.
If I roll off, take the S&O M&A proejct, I'll lose out on my promotion within Tech Consulting (and I'm fine with that). I feel that the S&O M&A opportunity is a once in a lifetime type opportunity especially for someone with my non-traditional background. S&O M&A also aligns more to my longer term aspirations and goals for getting into a top MBA Program or targeting corporate VC or growth equity roles at small funds.
Granted, the work will be more post-merger integration strategy and not the MBB-esque pitching an acquisition to a CEO type work, but this experience will still be much more broad and strategic in nature than the work I am doing now. Thinking it'll be a great way to move into a finance role down the road or position myself for a better MBA program.
Would love to hear your thoughts!
Thank you.
also wanted to add, that there will be some financial due diligence work involved (if I want to extend into that area and pick up some extra skills)
In my opinion, 2 years (average time it takes to go from consultant to SC) is very small in the grand scheme of your entire working career. If S&O - Finance is where you want to be and you have the opportunity to make the transition now, I'd say take it. The last thing you want to happen is for you to keep digging deeper and deeper into Technology and end up pigeon holing yourself.
Also, S&O generally pays better than Tech. Even though you may be giving up some money now, if you perform well enough, you will eventually make up the difference; heck you might even surpass where you would have been if you took the SC position now.
PS. "Numerous indicators" for being up for promotion doesn't necessarily mean you are 100% guaranteed to get it. Think about how upset you would be if gave up this opportunity and "stuck it out" in technology only to get passed by anyway.
you're absolutely right. I know I have all the support and ratings to make it to SC, however it's never a 'sure thing' as you mentioned. I'm a bit nervous about communicating my intentions to my current project team and planning a roll-off date. Any advice Bui6?
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