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McKinsey & Company A Business Analyst with 2+ years of experience. Looking for job opportunities abroad in McKinsey & Company Skills include data research, analysis, visualization, writing PoVs, primary research (interview &surveys), market analysis etc.
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Curious why you are discussing this with your colleagues. The question is why are you even interviewing. Something isn’t working for you where you are to make you consider leaving. That is your painpoint. Do these new positions solve your pain point? As for you colleagues, good chance they haven’t been approached or aren’t brave enough to look ( doesn’t sound like they are so happy they cannot imagine your wanting to leave, just that they want to dish where you are considering). There are great boutique firms, there are crappy ones. Just do your research.
What are your career and life objectives? In 10 years, 20, 30. When you look at your life what do you want defining it. What opportunities are you afraid if missing? How much better would your day to day be if you enjoyed not just the work, but the people? The other echo chamber you aren't addressing is making a move will somehow derail your career. If your goal is to be a partner at a Big 4, then staying is the most direct path. But is that your goal? And does your career goals match up with your life goals. Do you want a family, to travel, to stay fit, have parties, a big group of friends? What do you want outside of work? That is what you really need to be planning.
Remember, you were looking for a job when you got the one you are in. You don't like the next one, make another change. Change is scary, whether it's getting married, breaking up, getting a promotion, changing jobs, buying a home, but it always brings new opportunities. Just do lots of research. Who are their clients, what type if work, what is their niche, not just they are nice. Everyone is nice when you interview 😉. Make your decision with your heart and mind, not your colleagues' ( especially if they are male as they come from a different perspective than mist women).
Good luck.
Pro
Small, boutique firms are ok. They’re usually local, specialized and run by a small group of smart people. Middle market firms are not…they are where people go when they fail to succeed in or can’t get into larger firms. Clients still use them because they just need some grunt work done and they don’t want to pay consulting costs. Therefore you don’t have as much control over your work and your exit opportunities are much thinner since you won’t be working on high profile projects and the firm itself doesn’t carry as much credibility.
Rising Star
I would have to agree that Alix Partners is a middle market boutique.
Hi from GT. It’s okay here. Depends on the team you’re on like anywhere. The work is normally pretty good/ interesting stuff and we do get some big clients, mixed in with smaller companies & start ups. I do think we work less than the big 4 which is nice, and the pay is decent but not fantastic. You can negotiate your salary coming from the outside and we love to give big salaries to people coming from Big 4s.
Also a woman and actually there are a lot of women in my group (Reg Compliance) with the leader of the group being a woman. So that’s nice too.
Smaller firms tend to have one culture, set by the handful of partners at the top. If you don't fit in, you're out.
It always depends team to team. You’ll find out pretty quick who’re the rainmakers or higher quality talent, and if there are any anchor clients.
Usually the vibe is fairly self starter, partially from a lack of built up back office.
The people are worse here. The work is lower quality. Pay can be off the charts better for SMEs, which why I’m here.
Thanks for the context and not surprised. Not sure if I would count Protiviti as a middle-market though? They’re close to Big 4. The quality and type of people at Protiviti were similar to those at Big 4. Most of my team is ex-Protiviti. Protiviti works on a lot of Fortune 500 as well. We see them all the time on our clients.
Hi, I interviewed with big 4, McKinsey, and Protiviti and ultimately chose Protiviti because of the people and culture. Every consulting firm does the same work, especially for my area (I’m in tech consulting). The work is not lower quality. I’ve worked on the same clients as McKinsey, BCG, Deloitte, EY, etc. Sometimes we’re on the same project but solving for different problems. My clients often say they like our work more than our competitors’. It all depends on you, your team, your relationship with your client, and whatever you make of your career. I will say that the pay is lower than McKinsey, Deloitte, etc which is to be expected since larger firms can charge more for the same work based on brand name, marketing, etc. I work 50 hrs/wk on average, sometimes less, sometimes more. The culture is not what it was pre-layoffs a few years ago. There are lots of consultants from other firms here. Consulting is a revolving door. You can’t really go wrong especially if you’re at the SC level