How often do the big 4 and MBB firms recruit at Indiana ?

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What does a Consultant role in big 4 equate to in MBB? (…if at all lol)

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Seems like a lot of questions on partner comp and net worth. Here is the rule of thumb:
1) Big 4 partners make $600K to $1.5m based on seniority and practice.
2) MBB partners make $1m -3m based on seniority

Typically your expenses are between $100-300k. Add Taxes to it, that’s the amount you add every year.

About 6-10% return yearly on the savings.

So net worth of partners are probably between $3m to $20m depending on which company and seniority, investment profile, etc.

Where am I wrong?

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Just accepted a job at big 4, I have 1 YOE experience as a data scientist, plan is to stay for 2 years then go to MBB or masters…thoughts?

likesmart

What are the big differences between MBB and Strategy&/Parthenon?
I am new to consulting and people are giving me crap for turning down BCG and joining Big 4 strategy.

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What would it take for a company to acquire a big 4 or MBB firm? For example would 50% of voting partners need to agree? Personal curiosity and not related to my employer 👀

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What other firms (MBB, Big 4, T2) or offices have a focus on automotives, manufacturing and logistics?

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Is it common to transition from T2 / Big 4 to mbb post mba?

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How does Kearney compare to MBB and Big 4 consulting?
Also any ideas on the levels and how they compare with Big 4?Kearney

Hello 🐟

Applying to McKinsey for their implementation team in healthcare but open to other MBB or big 4 positions. Looking for anyone to help case interview practice with me and/or give referrals.

Also really need likes to start DMing - thanks!

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Why do people boost MBB so much? I feel like you can get interviews at most companies from T2 / Big 4 strategy and could be way more capable. There are lots of much more successful people from non-mbb too. Stop feeding into this narrative

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We all know consulting/advisory jobs in big 4 and mbb are tough and high burn ones. Expectations of high stress and long working hours are there. Why would people still want to work and stay in those jobs and expecting the companies to bend with their low stress tolerance.

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personally i think each big 4/mbb across each major city should participate in a big dodgeball tournament once a year to determine who is best.

likesmartupliftingfunny

Has anyone on here made the move from BIG 4/MBB into Contracting.

If so,
What level did you leave BIG4/MBB?
What is your day rate?
What are the pros and cons?

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Anyone that exited from Big 4 Consulting/MBB into Boutique firms or Industry that loves it? I'd love to hear your experiences. Anyone that regrets it?

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Has anyone on here made the move from BIG 4/MBB into Contracting.

If so,
What level did you leave BIG4/MBB?
What is your day rate?
What are the pros and cons?

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How do you go from Big 4 to MBB or FAANG (MAMA?)?

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Are MBB, Strategy& and EY-P having trouble recruiting like the “traditional” Big 4 are?

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Does having a career mostly in the small business sector hinder my chance of getting into M7? I have good leadership/managing experience and promotions in the past 5yrs. However, scanning MBA candidate profiles, I’m seeing a lot of MBB, Big 4 and big corporations. For MBA candidates at M7, do you see classmates with careers in small biz?

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Human Capital consultant here applying to MBB. On the chance I don’t get an offer this round, out of the Big 4 which should I target and which practice within each firm should I apply to gain the skill set needed to enter into MBB?

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Views on a “Capabilities and Insights Analyst - Private Equity” position at McKinsey or “Knowledge Analyst - Private Equity” position at BCG? My understanding is they are the same as Strategy& Deals Strategy/EYP Transactions Strategy junior roles. MBB just has a weird name for the position because most junior level people at the firm aren’t that specialized. Are these assumptions correct? Would I be more of a back end slide printer at MBB versus Big 4? Is the MBB title worth it if so?

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Bain & Company How is attrition/relative happiness at the MBBs compared to Big 4/the rest nowadays?

It seems as though the lion’s share of complaint posts on here and Reddit come from Big 4 consultants, specifically around the topics of attrition and issues with their firms, teams, or projects. Does MBB seem quieter because it’s better there, or are the disgruntled MBBers just not as loud as Big 4 folks?

McKinsey & Company Boston Consulting Group Bain & Company

likehelpful

Is it possible to switch to an Associate Consultant role at an MBB or Big 4 Tech/Management Consulting with only 1 year of experience? Graduated last year from a non-target school, and looking for more of a challenging work environment with more exit opps. Anyone willing to help out?

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Does L.E.K consulting really give you both corp strategy AND M&A experience?
That sounds like what I am looking for.
Both finance strategy and CDD/Valuation/FDD experiences.
I'm at Big 4 and it is impossible to get exposure to both. Does MBB have a role like that too?
Or only L.E.K? (Or is this even true?)

Happy Halloween everyone. Stay safe and have fun

likehelpful

How hard would it be (if even possible) to switch from Big 4 Deal Advisory to MBB? Just started a few months ago and can tell this is not for me long term.

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Is healthcare consulting a big niche for the MBBs in Canada? What are the pros and cons (outside of compensation) of going with MBB over big 4 if a person is interested in being a healthcare consultant not a generalist.

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MBB, and particularly Big 4 fish - How much of your time do you spend on internal marketing of your services, internal recruitment to your service line? None, Some, Much or Lot.

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Bain & Company Hey MBB folks, anyone able to refer me to a consulting role? I’m a big 4 manager and looking to make the jump!
McKinsey & Company Bain & Company Boston Consulting Group Kearney

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1. What is the difference in strategy consulting and advisory (hours, work, companies)? 2. Do the big 4 do strategy consulting or is that MBB? 3. If you’re (hypothetically a first year) in an advisory role, can you switch to strategy consulting at another company?

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How hard is it to go from big 4 to MBB?

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How do you handle when one Big 4 firm is trying to move really quickly through the interview process but I am also progressing through the process with an MBB as well that I really want to see through to the end. At the end of the day I don’t want to lose the Big 4 firm if MBB doesn’t come through.

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How does exit to industry from big 4 look like currently? I have heard the options are rare ane conversions even more so , as the good players only consider MBB.

What are typical entry levels for consulting managers from the big 4 and EM/PL from MBB at Google? L5/L6 ?

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I accepted an offer at Deloitte and start in three weeks. I am also in processes at another Big 4 and MBB. If I get substantial better offers from them, would it be crazy to leave D after a couple months? Start dates for other potential offers are Jan 3.

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Hi 🐠 s,
Could you suggest any consulting companies outside of (big 4 ,mbb and acn )or firms from the industry who are willing to provide visa sponsorship. Currently in the US want to make a move in enterprise architect cloud specific roles .
TIA,

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How different really is strategy consulting at MBB vs Accenture or a big 4? From what i can tell, it seems like a mostly similar recruitment pool and pay bands.

I ask because I’m doing strategy at Accenture but being recruited by McKinsey (EM level) - my guess is i could maybe make best case 25% higher (mostly via bonus) with maybe double the workload? Does that sound accurate?

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I recently got a verbal offer from KPMG strategy. Is that more prestigious than like, most other firms? Like, I know MBB is done with recruiting; I feel like below MBB for name recognition is the Big 4 and other firms aren’t as reputable. I’m trying to decide whether or not I should interview and apply to other firms or just take this one (assuming a written offer ever comes along). Also, I prioritize work culture and exit opportunities over salary, but don’t want to be paid below poverty line.

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Question for MBB consultants: Is there a set path to transition from a big 4 advisory (cyber) position to an equivalent consulting role at the big 3? Or is such a transition not possible without an mba?

likeupliftingfunny

McKinsey & Company Do people transfer laterally from Big 4 to MBB? Would an M at Deloitte transition to an M at MBB? Deloitte McKinsey & Company

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What are the best “non-traditional” benefits at other firms? EY offers the $1000 wellness fund, unlimited vacation, 25 mental health sessions, etc? Are Big 4 better at these than MBB or FAANG?

likehelpful

Related Posts

Hi fish! Recently free MC here. Looking for a referral to a Big 4, or MBB

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Hi guys, I got a feeling that big 4 or T2 companies kinda quiet in jakarta as opposed to MBB where they conduct lots of recruiting events (management consulting). Any reason for that particularly or maybe big 4 prefer internal hiring only?

What does the recruitment process look like for PhD candidates for the Big 4 and tier 2 firms? I know MBB recruits PhDs, but am unclear about the rest.

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which is the higher priority, technical or business acumen - if my goal is to develop into a high-ranking Big 4 or MBB leader?

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I’m in my 2nd year in audit. I want to pivot into management consulting within a big 4 or MBB. Has anyone seen someone make this lateral movement? I’m not sure how feasible that is and what steps to take. I’m also down to discuss further with whoever is comfortable in connecting.

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What's a median salary (considering all US employees) for big 4, Accenture, MBB and FAANG? Is 200k for big 4/ACN, 300K for MBB, 400k for FAANG a good ball park estimate?

funnylikesmart

Do any strategy arms of Big 4 or MBB do pre-MBA internships?

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How to deal with being rejected from a consulting job you want?

We've all been there (not just me I hope). It's so frustrating when the consulting one is a tough hill to climb. Has joining a smaller management consulting firm ever worked out for anyone?

I'd like to hope one day I could get into big 4 or even MBB.

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Bain & Company Have you seen many people make the jump from big 4 to MBB? Id like to attempt this myself (as a 1.5 YOE, C) and would love to hear some success stories and lessons learned!McKinsey & Company Boston Consulting Group Bain & Company

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Discussion post: I feel almost all consulting firms are the same. Mbb, big 4 etc. if you are paid enough there is probably less wlb. If there is good wlb there is not much money. Can you single out a company that you can confidently say pays very well and also has good wlb and also has good opportunities etc.?

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Any tips/warnings/advice on potentially trying to move from Big 4 to either MBB or a T2 boutique firm? I’m anticipating reaching M1 in Big 4 within the next 12 months. I really like my current practice, but frankly as I eye comp across the bowl, I’m hungry for more elsewhere, even with the recent Big 4 bumps. I have 5 YOE (3 consulting, 2 industry) all within somewhat niche subject matter, as well as my MBA (non “prestigious” school however). Any thoughts or clarifying questions are welcome, TIA

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Mulling over an offer. Is work at MBB way more work / significantly more intense than Big 4? I feel like I have a good brand/rep at EY; not sure if effort to rebuild all of that at MBB is worth it?

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How do I become an MBB employee? Is it possible to gain experience at big 4+ACN and then get referred in??

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want to interview at MBB again. Last year i had started the process but had to stop the process due to severe family emergency. What followed was depression and im doing fairly better now. I am Leaving Big 4 to join a tech focused Bank. But i feel like I should reach out to recruiter and start the process again. Just not sure if it’s the right move since im joining a new company. Feel it’ll look bad trying to join MBB after starting at a new bank. What to do?

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Benefits of Big 4 strategy or operations consulting over MBB?

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Salary expectations for Big 4 strong performing Senior 1/2:
1) Exiting Big 4 to bank
2) Switching from Big 4 to Big 4
3) Exiting Big 4 to Strategy House (non-MBB)
4) Exiting Big 4 to MBB

Thoughts?

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Alright, fishies, let’s try this again. Name drop boutique firms that have offices in San Francisco Bay Area. Big 4 is not my future (as many many MANY of you have repeatedly said I’m not good enough for). So, I’m taking the hint and crossing MBB and Big 4 off my list but still hoping a smaller firm will consider me.

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Hello! Would anyone be willing to give a referral for MBB or Big 4 in management consulting in Canada?

I would love to have a chat and ask a few questions. Thank you!

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What are the big cultural differences between Big 4 and MBB?

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Almost 4YOE at Big 4 TAS. Seen high turnovers this year. Thoughts on the following options: FPA vs. CorpDev vs. MM IB vs. MBA to BB/EB or MBB?

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Additional Posts

Director interview after super day?

Had a super day last week and I thought it went well, partner sent back a nice message to my thank you note. Trying not to read too into it, but is it normal to have an interview with another director after having already interviewed with a director (and a MD)?

I did mention I have interest in a specific area with a director last week and it looks like this next director I’m interviewing primarily works in that area.

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Anyone working at voila.ca (online grocer) ?Would love to hear about your experiences.

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YOE 9

Societe Generale or UST Global

SocGen (x LPA + 25%) = Y LPA
UST Global (Y Fixed + 2 VP)
Help me to choose.

Société Générale Societe Generale UST @UST Global

I’m working at an insurance defense firm, trying to target my practice to L&E. I’m overworked and underpaid, but gaining valuable experience I hope to pivot toward an eventual in-house counsel position. I recently was offered an opportunity to lateral to a national firm for a significant pay increase (150% salary increase, much better benefits, hybrid WFH options). Problem-I would be shifting gears to Toxic Tort. I’m torn between my passion and the money. I’m a second year associate. WWYD?

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Before how many should I inform the onboarding HR if I want to postpone the joining date from Friday to next Monday ( from 26th Aug to 29th Aug )
Is it an easy process or can also be declined ?

Hi, after each interview, the recruiting agency will call me to get feedback and ask me if we're still good on X salary?

What's a good way to not agree on a set number on these calls until I get my offer?

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We have a very broken product process. Our commercial team creates the “strategy” and prioritizes customer problems. But they always want to define the how, when, and product is the executor. What is your current process of commercial providing a customer problem and what are the steps to turn it into a feature?

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I want to thank me for believing in me, I want to thank me for doing all this hard work. I wanna thank me for having no days off. I wanna thank me for never quitting. I wanna thank me for always being a giver and trying to give more than I receive. I wanna thank me for trying to do more right than wrong. I wanna thank me for being me at all times.

Post Photo
likesmartfunny
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Good evening from LA.

Post Photo
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Anyone at ZS willing to chat about a SIPA role? A recruiter reached out to me.

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Looking for recommendations for Cyprus. Best areas to stay and visit for remote working for an extended period. Interested in insights on lifestyle there. Thanks!

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Dutch 🐠
Does anyone have any advice for getting an apartment in Amsterdam for an expat beyond the classic apply for everything in your budget?

Hi guys Need referral in Amazon Job id A1535787 Pega developer Amazon Amazon India

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Any Big 4 fish who are not really pursuing MBB for exit ops... what are your exit goals?? And for what reasons? Trying to find options other than chasing MBB

Anyone heard of peak6 been contacted about a trading position.

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Seems like consulting is becoming less and less of an attractive field to be in, and people are leaving the industry in droves. Is this because of the pandemic? What gives?

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