{ "media_type": "text", "post_content": "After traditional investment banking, I can safely say banking is better than consulting in regards to prestige, income, and sophistication of work. While consulting has better hours, nicer culture.", "post_id": "5882d6f9c6a1f900162967b6", "reply_count": 54, "vote_count": 6, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

After traditional investment banking, I can safely say banking is better than consulting in regards to prestige, income, and sophistication of work. While consulting has better hours, nicer culture.

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Really impressed. Hear those first year analysts out of college are really innovating on each one. No rinse and repeat there.

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Does the prestige really matter if one is surrounded by twats like OP all day? Drawing comparisons between investment banking and MC is like comparing a BMW to American made cars as a whole (read: gross generalization). From what I've gathered, OP, you and I practice very different types of consulting, mine being focused on sales and CX. Funny enough, many projects executed in this space for banking clients still stem from the mistrust of the financial system by the American people after financial institutions like your former employer weren't really held accountable for the trillions of dollars you lost us by way of the creation and sale of irresponsible investment vehicles and the subsequent tax dollars required to stave off Armageddon. In essence, get off you high horse so you can go fist yourself.

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I think the IBD analysts who crank out the same models over and over would beg to differ on the "sophistication of the work" bit.

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No shit

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Guys! Manager OP is a big boy! 600m in transactions! Big boy banker manager OP -- vroom vroom!

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Got to VP and then settled for Manager? Sucks for you bruh... Did you get fired?

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Well Op sounds like you must've sucked at banking if you found your way into MC -- sorry to hear it!

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Stupid post. Go back to banking then

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Easily the least impressive things I've ever seen in my time at mckinsey are the pitch books we often look at during due diligences and, worse yet, merger / deal models from the banks.

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As someone who interned at a BB, that's exactly how it works. I'm sorry your new manager role at Podunk Partners isn't satisfying.

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@op just stop while you're ahead! The consultants on this thread outsmarted you, outwitted you, and just made you look silly.

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You couldn't pay me enough to copy and paste in Excel formulas from 6am to 2am six days a week

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And to you guys, you do realize that you may want work life balance in the future right? Like you get people can make a solid base and then scale back for important things like family right? If you don't get that, I'd strongly recommend rethinking your priorities.

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Nice sarcasm! Definitely makes me reconsider. Well played

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So if you're in you're older than early/mid 20's how sad is your life that you're now a manager?

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Total autonomy? Congrats, most firms trust 2nd years with that.

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Made so much money with such elite bulge banking pedigree and came in one level above an MBA hire. Damn.

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Bow before him you measly consultants. Pay homage to his DCF model.

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McKinsey you're clearly the man. Did you play lax bro? Will I see you at the university club this weekend?

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OP starts by humble bragging about prestigious banking past and now is going at someone else as if they're the snooty one. Nice.

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There I'll agree. I've seen clients sign big money for what amounts to loan staff.

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