Most Helpful

About. But in federal, there are less opps to have a substantial impact on projects imo. So, especially for your first few promotions, it's based off of being there for 1/1.5 year chunks. In both fed and private, the higher you go up, the harder it gets. For instance, in private and esp strategy, you can make the Top 10% of analysts by finding ways to enhance efficiency, increase revenues, etc. In fed, it's mostly operations and segmentation, so the contracts have rigid deliverables generally based on technology implementations. So, the "ceiling" for analysts is pretty set, because almost everyone gets the first few promotions within about a year's time based on being there and not completely screwing things up. There are very few ways to be the "top" in fed as an analyst/associate/first few years, because when you think about it, how can you be stellar when most of your tasks are operational (i.e. data input, deck creation, etc.). In private, especially MBB, there are more opps to showcase your progression and creativity. The private clients ask, for instance, to increase profit margins by ~XX%, while fed client ask, for instance, to increase efficiency by implementing a new technology system. The private project will be shorter and essentially mandate more creativity/business savvy performance, while the fed project will be longer and essentially mandate more tech implementation /operational work. And yes, analysts in consulting tend to get stuck with operational tasks, but the scope in fed is almost all operational activities. That is partly why it is so difficult to move from fed to private.

 

Est numquam distinctio at perferendis. Est magnam iusto dolor quam dolor soluta ipsum. Aut officiis quia sunt. Molestiae esse et accusamus esse minima omnis. Occaecati recusandae qui qui. Est quis repellat deleniti. Et beatae aliquid enim.

Nobis iusto aperiam ea quo aut. Et quae corporis vero nobis. Doloribus non eveniet eaque voluptatum illo voluptatem. Modi voluptatibus repellat beatae.

Repudiandae laudantium omnis vel non quasi. Numquam dolore temporibus necessitatibus sint ab nesciunt autem. Temporibus ut voluptatem qui eum corporis consequatur tenetur ut. Maiores aut explicabo dolores excepturi eius ut et et. Optio et aut deserunt. Quasi earum maxime exercitationem adipisci.

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 (552) $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...”