{ "media_type": "text", "post_content": "Anyone here leave Deloitte/PWC/KPMG, go to B-school - intern at better consulting firm like McKinsey Bcg, and get school paid for by them? Sounds like a smart move to me", "post_id": "587da3a710ed0900165b8a77", "reply_count": 25, "vote_count": 6, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Anyone here leave Deloitte/PWC/KPMG, go to B-school - intern at better consulting firm like McKinsey Bcg, and get school paid for by them? Sounds like a smart move to me

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Yes of course we'll pay your $150K debt burden for two years of business school even though you weren't a high performing BA. And bonus tip, if you perform well in your internship you'll get a share of the partnership early

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Yes, smart move. Been done before.

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I assume EY is one of the better consulting firms given how you wrote that. Make that MBBEY

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Learn sarcasm OP. Deloitte does that because they don't want people to re-recruit for MBB. If you're GSAP they even offer you an extra $25K to sign before MBB recruitment. MBB doesn't offer it because they don't have to.

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@OP I don't think MBB pays for tuition for interns but your annual bonus will be much higher along with raises.

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Yeah everyone who goes to McK after business school totally gets the firm to pay them back, that's exactly how it works

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Thanks D1, you got it

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OP - you will likely get MBB interviews but you will still have to crush it to get an offer. Know several people who pulled if off. And while they won't pay your tuition - your lifetime earnings will likely increase enough to make up for it.

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Will they pay for 1 or 2 years? What's the commitment to stay there?

I know Deloitte pays 1 year tuition for their business school hires, I assume the better firms do the same or better

For both years M1?

I think ACN does it too

D, ACN, and a few boutiques pick up second year tuition for returning interns. MBB do not. MBB do make it relatively easy for pre-MBA analysts/associates to be sponsored though.

Mck bonuses at the SC level are not better than Deloitte's, not sure further on

@SC1 McK bonuses are because while Deloitte might say their target bonus is $40K for example, you only get that if you're a 1, which is given to maybe 5% of SCs. A 2 drops that to $22-$25K, which is around 20% of 1st years. A 3 which most SCs get is like $10K. Meanwhile most MBBs will pay their target bonus to over 70% of their class.

So Big4 tries to sell MBAs with higher sign-on bonuses and year 1 pay. This is the secret round of MBB casing: if you choose a job based on year 1 pay and not year 2->n pay then you probably shouldn't be in MBB. Managers in MBB make Deloitte, etc. SM pay with still better exit ops.

Bain, what the career trajectory in terms of typical years at each level?

What's*

2-3 years at consultant, 4 years at Mgr/Principal (no promotion point between). Figure you're making $350k as a manager all-in with profit sharing.

What about after manager?

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