Management Consulting vs Investment Banking

Hi All,

I have recently come across a situation where I have to choose between management consulting or investment banking. I was wondering maybe I could get some advice as to which direction I should go? Or how to maybe approach the decision? For context, the consulting role is at Accenture and the IB role is at a small boutique, a team of 6 total.

Thanks,

2 Comments
 

Voluptas et aliquid esse dolores culpa. Qui perferendis dolor consequatur rerum nisi.

Officiis dolor distinctio libero dolor illo nisi autem. Cumque illo eum nihil aut omnis sed quia.

Repellat voluptate quo sunt unde. Voluptatem illum velit fugit reprehenderit culpa ipsam omnis enim. Similique a repellendus praesentium nostrum iure. Possimus perspiciatis nostrum iusto voluptates dignissimos omnis cum expedita.

Career Advancement Opportunities

September 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

September 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 98.9%
  • Boston Consulting Group 98.4%
  • McKinsey & Company 97.9%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

September 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Total Avg Compensation

September 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (52) $246
  • Engagement Manager (114) $233
  • Manager (171) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (116) $137
  • Senior Consultant (355) $132
  • Consultant (642) $122
  • 3rd+ Year Analyst (164) $121
  • 1st Year Associate (576) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (392) $104
  • Associate Consultant (176) $101
  • 1st Year Analyst (1164) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (639) $68
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...”