M.D just had an info session at my school today, and they all seemed pretty cool. Now, I know that M.D is more prestigious than general S/O and that the pay is higher etc...
But if I start my career in S/O: public sector (which I am passionate about) would that prevent me from ever switching over to corporate strat if I wanted to?
Deloitte Strategy and Operations
Exit opportunities for Deloitte's strategy and operations are generally lower than say MBB. It is possible to make a transfer within Deloitte. However, it will be difficult as most analysts start where they want to end up. Generally speaking switching groups within Deloitte is discouraged. The exit opportunities are similar to other big 4 consulting groups. Exit opportunities can include career consulting, startups, and strategy within Fortune 500 companies. Exiting to fortune 500's seems to be the most common. Notable Deloitte Strategy and Operations include Orin Smith former CEO of Starbucks, Fred Goodwin CEO of Royal Bank of Scotland and Sergio Marchionne, CEO of Fiat Chrysler. You are not likely to end up in private equity or venture capital.
Distinctions between Monitor Group and Deloitte S&O
The Monitor Group still operates as a semi-independent group within Deloitte's Strategy arm. Supposedly, the group gets paid more and is considered more prestigious. The Monitor Group service arm is responsible for the following:
- Corporate & Business Strategy
- Customer & Marketing Strategy
- Digital Strategy
- Business Transformation
The Strategy & Operations group is responsible for
- Operations Transformations
- Mergers & Acquisitions
- Social Impact
- Supply Chain and Manufacturing Operations
The Monitor Deloitte group is also listed under their offerings. As you can see the Monitor groups is more of a "pure strategy" group. On the other hand, Deloitte S&O offers a broader selection of services. In terms of exit opportunities, the evidence is purely anecdotal.
from certified consulting user @Hillary2016
initially a Monitor hire (right before the merger) and only worked on strat projects, so I don't know if that's a normal outcome. He had a handful of PE interviews too but didn't pass any. If I recall correctly, he actually had a final round interview with Google for a strategy role, but I don't think he passed.
The opportunities are there to get MBB-like exit ops at prestige companies, you will need to be a high performer though. If you're an average employee, those doors probably don't open though.
It's important to note that this is before Deloitte's acquisition of Monitor. The most plausible scenario is that Monitor works on slightly higher profile deals than the rest of S&O. This may translate to slightly better exit opportunities.
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