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I’m an SC but have no MBA. At this point (29, married and expecting kids, have a house) is it worth it for me to pursue an MBA? I have a lot of family responsibility coming up so not sure if I can afford losing income for 2yrs and take on 100k+ in debt. Am I thinking too short sighted? Will having an MBA have a dramatic impact on my career here at Deloitte? Figuring this out is my New Years resolution next year.
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Leaving Accenture to a Big 4 with “comparable” salary sounds like shuffling sideways and losing your in-house network along the way. I think the choice should be Accenture vs Work Life Balance.
How is transitioning to Big4 help pursue your primary goal of better work life balance? If you have comparable pay range offered, why even switch from Accenture?
Agreed here, OP pointed out that they're willing to take a pay cut for better W/L balance but still considering similar line of work for the same money meaning nothing will change. It's either OP just wants a change of scenery or the money is more important to them than they think
Big 4 will be just like Accenture. You need to decide what you want - flexibility or maximum compensation.
Remember, you only get one life.
Except they won't have the same network that they have at Accenture, which could largely be a disadvantage.
Of the goal is better WLB, consulting simply should not be an option
How much gas is in your tank? If you have 2-3 years more - take the role (which I assume is a level up) and then exit consulting.
If you are running on fumes and family needs you, go find an industry role with equity. It will be a level down - but the equity will net you out.
Take care!
What do you mean by work-life balance? That’s a very general and subjective term. Are you trying to travel less? Work less hours? Some of that is just having and enforcing boundaries and you’ll have that issue whether you work in industry or consulting.
I went from Accenture to KPMG; consulting is the same pretty much everywhere. Depending on which B4 firm you’re considering, you probably have been client and project opportunities at Accenture.
75% of senior managers don’t make it to the next level so look at industry exit options
We have an option to work 60-80% fewer days and receive commensurate lower compensation. I’ve seen parents and adults that need to take care of sick family members use it successfully. If you have a similar option, that may be better than taking the risk of a corporate job that seems like it will have WLB but it turns out to be worse / the same.
Some friends found great 9-5 exit options and others have worse WLB after leaving. Really depends on the company, role, team, and individual’s discipline to set boundaries.
Big 4 will probably be more work at the start to build credibility and establish a network, but you might be able to find a good group of colleagues within it with better WLB values. Just another roll of the dice that will require some time investment up front…
You can absolutely stop traveling at Accenture. When I was there, I had plenty of people flat out tell me they weren’t traveling when we were trying to staff projects.
Is it great for your long-term career trajectory? Probably not. But post COVID, a lot of people are fully remote, so it’s definitely doable if that’s what you want.
Pro
Have you considered moving to an internal team?
Same sh*t different scenery probably won’t fix the work-life balance issues:- the comparable offers probably reflect your rep for client service which partly derives from your work ethic. You’d also have to prove yourself to a new employer which means work harder and deliver more than the incumbents. If work-life balance is important, it might be a good time to leave consulting.