offer decision

Obviously, I know the "right" answer to this question is subjective, but I want to know what you guys would do and why in my situation.ย 

I am a senior set to graduate in May '22, and I have two job offers that I am considering Option A.) Non-MBB mgmt consulting Acc/Deloitte/Parthenon (comp. 100k), and Option B.) IB Analyst at a "no name" middle market boutique with about 30-40 employees (avg. deal size 300-600m, comp. 120-140K)

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Comments (5)

Nov 21, 2021 - 8:23am

Neither offer really seems more amazing than the other. Both will probably have long hours and both can be a launching pad to better firms after a year or two.

So do your best at this young age to determine if consulting or banking is more appealing to you. But I've seen analysts at each of these type firms be able to upgrade to better shops, so don't sweat it.

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  • Intern in PE - LBOs
Nov 22, 2021 - 2:39am

The no-name MM boutique doesn't sound too bad if they are working in the 300-600m range. Houlihan does much smaller deals sometimes, so I would take the no-name boutique. If it is Deloitte, which as I understand is just below MBB in management consulting then I would consider that as the hours would definitely be shorter in consulting. If it is management consulting in SF then I think you can easily transfer to MBB because their tech practice is easier to get into if you have the prereq background, again that's just what I have heard from friends.

In any case, if the current hiring rate continues, you should have good chances of lateralling during your first year, so if you just want to know what I would take, it is the IB offer.

Nov 22, 2021 - 3:35pm

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