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Accenture Vs McKinsey? Pros and cons?

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Full disclosure: work at ACN. I have friends and colleagues at both firms and know folks that have moved from one to the other (and back again in some cases). The firms are fundamentally different in many ways. As a private firm with a long-standing ultra-premium brand, no question that MCK will compensate better and have better benefits. I also respect the MCK "way" and/or culture, which is incredibly strong and builds people into very accomplished executives at a very early level. In terms of cons, as some folks have mentioned, the workload is very heavy and the expectations are very high. I have also met a number of ex-MCK people who became disillusioned with the repeatable nature of the MCK process. The way it has been described to me is that MCK and the MBB firms in general have a specific way of executing strategy work and there is little room for actual innovation or utilization of novel approaches. In my work I routinely encounter MCK strategy outputs and they range from profoundly insightful to lackluster (but always intensely analytically rigorous). MCK also doesn't implement, so if you have any interest in being an actual part of business transformation, or product development, etc. then you won't scratch that itch in a pure-play strategy firm (maybe a bit on the analytics or digital side but nowhere near the scale or breadth of an ACN or Deloitte). Accenture is a publicly traded company with investor scrutiny and the correspondingly more-modest pay / rewards / benefits. Accenture's strength is that it is hands down the broadest reaching professional services firm in the world. We do almost everything from conventional strategy / MC / TC to tech advisory to service and experience design to full-stack agency work to large-scale SI to massive outsourcing deals. This also means the company can be bewildering to navigate and there is definitely no such thing as a standard "ACN way" of doing things. It is still easy to get trapped in the machine of large-scale tech delivery which can be a drag for some, but people that are really deft at navigating complex organizations and building a personal network have incredible access to do interesting work. My personal view has always been that Accenture can be lousy to work FOR, but on the occasions you get Accenture to work for YOU, it can make the struggle worth it because the opportunities are virtually limitless. I've done SI, tech strategy, growth strategy, human-centered design, content production, business innovation, etc. I've started entirely new teams and rolled on to massive existing ones. The people generally have been very great and I have a ton of long-time friends here. Anyway, just wanted you to have at least one halfway-serious response, but best of luck to you!

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Thank you so much for an honest answer! I really appreciate it.

Well what part of McK are you given an offer for? All of McK is not the same just like all of ACN is not the same. Mckinsey has digital, implementation, strategy (which they just call consulting), RTS, and more. Accenture also has digital, implementation (which they just call consulting), strategy (which sometimes does strategy work), and more.

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Pros: McKinsey Cons: Accenture

likefunnyhelpful

Come on, if you have to ask this question you know literally nothing about the industry and you won't get through the phone screen anyway.

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Apologies for not responding within your expected timeframe future analyst, some of us are doing the job you so desire and are prioritizing it.

Cons: Accenture is truly human

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Apple vs Orange

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More like ostrich egg vs kiwi fruit

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I know people counseled out of MBB who have gone on to do very well at places like Accenture. Yes, they didn’t make partner at McKinsey but they did very well as MD at Accenture. So, life gives you lemon, make lemonade ?

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Go to McKinsey, get brand on resume, grind it out as long as you can survive, even if you dont think it’s long. I had a friend who was there a year and basically counseled out and it hasn’t hurt him one bit. You’d be surprised how few people ask what happened once you were in the door. Then jump to whatever else you want to do that provides better WLB. The name is always there and as much as everyone hates, does open a lot of doors. For.ev.er.

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Accenture: better WLB, lower long term pay (similar in beginning), less interesting strategy work (mostly IT stuff) and way way way worse exit oops McKinsey: you can leave after a few years and do anything (VC, PE, top MBA, etc) you want, but the work is much harder, higher stress, and greater up and out culture.

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Post mba senior associate they’ll pay you up to ~200k like the rest of the non-strategy firms. Non-mba pay yeah these firms that aren’t strategy pay substantially less than the top strategy firms. Two people who both have an mba won’t get paid much more at McKinsey than Accenture though The point you brought up about moving elsewhere for 100k though, that seems a little harsh. Are they really leaving for 100k exit Opps while make 120-150k as managers? Or you meant than not then? (Not correcting your grammar, actually am confused by that)

MD1 👏👏👏🔥🔥🔥

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How’d you get my profile picture

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Do you want work life balance or to sell your soul to corporations so that your grandchildren’s grandchildren may benefit from the fruits of your labor.

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Grandchildren’s grandchildren? How about yourself when you have better exit options a year later?... McKinsey people are mostly going to end up somewhat wealthy, where all the money, statistically speaking, usually ends up gone in a generation anyway.

Go to McKinsey... if you don’t like it, you can always bounce back to Accenture or better yet... leave consulting and land a great 9-5 job

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Unicorn was a misclick but same vibe

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WLB seems significantly better at Accenture from my conversations with people at both firms

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If you are an analyst, don’t come to Accenture. They’ll have you wasting your time doing call center work and not learning.

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Pro: They both have offices all over the place. If you wanted to move, you could move sort of easily if you like living in the metro. Possible Con: you can’t really get away with living in rural areas or mountains. They sort of dictate your living to a major city.

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I am offended there is even a comparison.... McKinsey Pros: It's McKinsey

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If you’re a generalist this can’t be a serious question.

......the immaturity and hostility is....in the tone of many responses....Giving you the benefit of doubt that you haven’t worked too much in corporate, and didn’t learn at school, or whatever means you used to prep for interviews..... That kind of attitude and communication won’t fly at either firm.....

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