What are your favorite parts about MBB consulting?

Since we already have a thread on least favorite parts, also curious what the best parts are! Ideally pick something that might surprise/intrigue/engage us (ex: please don't talk about exit opps since everyone already knows that part).

 
  1. Flying business class all the time: this isn't to be snobby, but being able to board and settle in first as well as get a decent amount of space (key for long-haul flights) is amazing. Especially since you travel so much
  2. Places you can get away with having dinner at: most clients or engagements have generous budgets and you often can have an insane client dinner or even team dinner. Partner at my firm ended up with 4 others at a Michelin starred place and ended up spending about £2.5K.
 

I am also at a Big 4. Depends on the project and more importantly where your home office is.

Example: I know people out of Minneapolis or San Diego who fly first class all the time because they don't have status competition and its always free. Likewise, LA and NYC consultants could have the best perks ever and never see first class once on an engagement, especially if the partner isn't billing actuals to the client.

I personally always fly JSX if on the West Coast and Southwest unless it can't be avoided, because I am a points whore who has 300k+ points and exchanges his companion pass to the next 22 year old grad after I have gotten bored with the last one.

 
The Pharma Guy:
2. Places you can get away with having dinner at: most clients or engagements have generous budgets and you often can have an insane client dinner or even team dinner. Partner at my firm ended up with 4 others at a Michelin starred place and ended up spending about £2.5K.

This. But of course it depends on the client and your Engagement Partner. I worked under a frugal partner and the slightly ridiculous partner. We could having lunch with our client in a exclusive restaurant (that has at least a week of waiting list) without having to book because our partner flashes his corporate card. But sometimes we also fly economy or even go by train (albeit business class) to some of our client sites.

Healthy diet is almost an impossibility for MC's

 

The insane amount of resources at your disposal to help you do your work. I'm talking Amex travel teams (like others have mentioned) to take care of flight/hotel problems, but also research/knowledge teams, round-the-clock design teams, dedicated support for business school applications, etc. The extent to which these firms care about their consulting staff and are willing to provide them with these tools feels very good.

 

Aut qui dicta explicabo aperiam voluptas dolor itaque. Non expedita quis totam tempora.

Possimus rem et laboriosam aliquid culpa aspernatur. Aut natus id voluptatem eos provident.

Velit sit laudantium aut ad excepturi. Dolores earum temporibus aut excepturi praesentium consectetur. Possimus vel officia sed voluptatum sint et incidunt. Suscipit aut consequatur quae eaque eum.

Qui numquam eum enim debitis debitis et. Rerum aliquid veritatis earum tempore ut.

Career Advancement Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

April 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

April 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (552) $67
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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
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...”