Hello WSO-folks,
I just wanted to get your opinion on an offer that I have received from Strategy &. I'm currently an economist at a G-7 Central Bank, and through some networking was able to interview and land an offer with Strategy&. The job is not based in a G-7 country, and is in fact a developing part of the world (think South-East Asia, North Africa etc.) I had a fly-out to see the team a few days back, and while the office space leaves much to be desired (no plush offices, very different from NA/Europe) the team seems to be filled with great people.
Fast Facts:
1) The strategy team is rather small (less than 10), and the geography is rather new. Strategy& has opened this office less than 3 years ago. The implementation work is carried out by PwC Consulting.
2) From discussions with the Partner, and MD the deal flow seems strong with lots of opportunities for in-bound P/E firms looking to invest, and government based Industrial Policy Projects (of 100 projects, nearly 50% are for non-local clients looking to invest in the country)
3) They are bringing me in at the entry level position, the pay is a tad bit lower than what I make in terms of USD equivalent at the bank. However, the cost of living is way lower as well, so all in all I'll be living comfortably. Also, the pay is at the same level as MBB firms in the region.
My concerns: 1) I'm concerned on moving to this place, and not liking the job and the environment and basically being stuck with no exits until I finish at least 2-3 years here.
2) Any insights on how this shall be viewed by admissions committee at M-7 MBA programs? Will they see this as an adventurous, bold career move?
Any thoughts would be greatly appreciated!
To be taken with a grain of salt:
Regarding MBA admissions, consulting experience will be seen as a positive, and being ready to relocate to a new and growing area is good for your brand. The only downside would be not staying the 2ish years, I guess.
Thanks for the response!
Regarding concern #1, you said you liked the people, which is honestly the most important thing in my mind for job satisfaction for consultants.
You can be staying at the Four Seasons working on the best case ever for a incredible client, but if your team sucks, you will likely hate your life. Fortunately, that doesn't seem to be the case for you.
Concern #2 I would not worry about either. You'll probably be able to do pretty novel things relative to S& consultants stateside since there are so few of you in the office. It's good experience and you'll likely have more interesting stories to tell in interviews and admissions letters then people with more "traditional" consulting positions. As someone else already said, consulting experience will be a positive generally, regardless of where it is.
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