Oliver Wyman FS or Blackrock GCG - Offer from two companies

Guys i really need your advice

I have offers from both BlackRock GCG institutional client group and Oliver Wyman Financial consulting both for London (both would be my first jobs)

I was thinking of taking Oliver Wyman but reccently was told the opposite so am now V confused....

I had thought GCG might limit by exit options and comp would be better wt Wyman but I am honestly not sure? I love financial markets and finance in general as well as problem solving so think I would find both interesting. I wondered about future in PE/VC/Hedge fund (obv some more likely dpeending on choice but again to what extent after the chat I had today I am uncertain)

My criteria are as follows;

Exit options
Compensation
Prestige
People and culture (but i like people at both)

Would love some thoughts as Im very confused....which is more prestigious? would going into sales at BlackRock limit my exit ops? Is it just the BlackRock name that is most important?

All advice truly appreciated

 

Stop obsessing about prestige. It might be worth something when discussing similar jobs at similar firms. But when thinking about different jobs in different industries, it's meaningless.

Think about what you want to do in your career. It's impossible to say which has better exit options, because each of them will give you different options. Blackrock GCG will teach you sales. It's not an investing career. If you want to work in PE/VCs/HFs, it will be an excellent platform for that, but only for investor relations roles within PE/VCs/HFs. It won't help much if you want to work in an investing role.

Incidentally, IR roles are often overlooked on this site, but they shouldn't be. For most PE funds and HFs, they're almost the only area where any recruiting is happening at the moment. It's definitely a growth area.

The Wyman job is consulting, not sales. Different beast. Will teach you lots of useful skills. Exit options to other consultancy firms, to MBA programmes, and possibly to management roles in a financial services firm.

 

I'd take wyman for sure. I mean it depends on what you want I guess, but when people say sales requires good "networking skills" keep in mind that they mean sucking the client's dick.

Also, OW has a stronger rep in Europe than the US from what I can tell, so exit ops are pretty strong in London. Great in strategy roles in banks, and pretty good in buy side.

Also, I know I guy who works blackrock london, and he's not a huge fan.

 
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