Help deciding on offer

Hi guys

I'm really conflicted and need some outside perspective

I've gotten an offer from deloitte (A) that is a 10% cut from where I am now.
I have an offer from another company in industry (B) that is 20% more than where I am now.

The pay difference between deloitte and this other company is 3,250 per month or 39,000 per year.

The primary reason I was looking to leave my current company was to get a big brand name on my resume - I'm not planning to get an MBA so I figured deloitte would do.
With the serious pay differential, though, I might as well go get an MBA with the extra money I make from (B).

I would be coming in at a manager level at Deloitte, but they pushed me down from an M3 to an M2 in my final interview, which I really don't like - it feels like a bait and switch.
I also keep reading about how they deliberately lowball lateral hires and that does not sit well with me.

Any thoughts?

 
 

If you were to go with Deloitte in this case, you'd be valuing the incremental value of the brand at ~40k/year. That would be a significant over-valuation IMO. At the end of the day, it's an accounting firm that hires literally tons of people. It's not like the brand itself will be a huge green flag that will open up amazing opportunities.

 

Vitae dolorum nostrum nesciunt quos dolorem ex beatae. Et et ipsam molestias omnis ad reiciendis doloribus. Quia voluptatem id maxime. Aut cupiditate architecto consectetur eaque perferendis. Possimus quasi quia alias unde non aut ea.

Career Advancement Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

April 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

April 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (551) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”