Goldman Sachs -> McKinsey -> Leveraging offer?
Deleted. Thanks!
Deleted. Thanks!
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It depends on your personal preferences. For your post it seems that you prefer IBD Coverage over McK. so I would ask GS Coverage whether they can offer you FT as this would be your first choice. Otherwise you have an expiring McK offer. In my opinion there is no harm in telling the truth especially as you prefer IBD coverage. Having said that it sounds like you are not clear about your real job preferences. This is a whole different problem than strategizing about office/recruitment politics.
Just tell them you really want an offer from IBD (or similar) at Goldman, but you have an exploding offer from McKinsey and need to know. Trust me, having an offer and needing a job is never looked down on. Just make it clear to them you'd much rather do IBD but you also have to put food on the table.
Thanks for the replies! :)
@Issma Yup, I am unclear about my job preferences for the long-term. I find the consulting work to be super interesting and challenging, as opposed to the capital markets work that I can not see myself doing for the medium/long term. Having said that, I did find the work the industry guys were doing to be more interesting and something that I could be doing at least for the short term. Hence the dilemma.
@FinanceGuy15" Would you suggest I get in touch with HR or maybe drop an email to the MDs/team heads I networked with to also get an added chance? Since I previously worked in capital markets, chances are if I get any FT offer that'll be for capital markets so I'm not entirely sure how to present such a case to HR/IBD teams which are housed separately.
Yes to both. HR will be able to make it go faster, the MD's may want to know, but keep in mind they have much more important things to be doing. They'll yell at HR if they want you.
That said, don't forecfully push them to make an offer if you are leaning towards McKinsey.
Go to McKinsey. You liking the work is so much more important than the difference in salary.
Besides, you might find out that you'll actually end up saving a lot more money when working at the regional office than the London office, as the difference in pay usually does not make up for the difference in cost of living. You won't save much money for the first couple of years when living in London on a consultant/banking salary.
Decide if you want consulting or banking. If you think the work at Mck is more interesting (it probably is vs. banking) than just accept it. If you are a good performer at Mck you can transfer offices after a year or two. If you want banking then leverage Mck for all it's worth to push GS and hit up other top banks. Someone will give you an offer
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