At some Big 4 companies there is a Partner / Principal group that has equity and are part owners of the business and an equivalent Managing Director group that does not have equity and are essentially employees.

How does it work at McKinsey / Bain ? Do those same distinctions exist across partner types, owner vs non owner?

like
Posting as :
works at
You are currently posting as works at

I think that exists as ‘expert parter / partner track’ vs ‘partner’

like

There are no “non equity” partners in McKinsey or Bain. Nor are there in Big 4, thus the Managing Director rank. Career paths, especially into partnership, between Big 4 and McKinsey/Bain are not comparable.

There are non equity partners in the big 4

Not sure about US, but Canada and a number of other territories have non-equity partners. And these are different destination from MD designation.

Related Posts

Can someone please help me to decide between Zee entertainment enterprise ltd and Deloitte for 3 YOE in NodeJs Developer ?

likeuplifting

How is kpmg for software developer?

like

Hi All. Is Legato offering permanent WFH option ?

Hello mates, Do anyone knows salary bank of VP in JP morgan for external joiners?
Location: Mumbai
Area: Tech (Data analytics)

like

What is the avg CTC of C2 grade employee in Mindtree, having Yoe - 4.6 yr

What is the band for SE1 & SE2 in Amex ??

@McGraw Hill any idea on salary for academic design roles ?

likehelpful

Hi guys ,
Which is best among CGI and HCL for automation testing role?

like

Accenture Riga salary band for senior software engineer and team lead

like

Salary expectations for Slalom on the west coast? Would be coming in with 5 yrs consulting experience at ACN (MC/strategy projects)

like

Hi Fishes! I have had the Director round for the Senior Associate role Pwc AC under Digital Learning and Upskilling. I have 15 months of experience in the consulting division. How much should the salary be for this role? And, do I stand a chance at the firm?

Please suggest that is there any way to ask for counter offer in Capgemini..I have joining in next month..Will they revise the offer letter?Capgemini

like

What’s going on at Mullen these days?

For PwC AC Bangalore, Can anyone see the Tier Impact & Bonus amount in Workday ? Can see my revised annual compensation but not the Bonus and Tier. PwC Pwc AC Bangalore

like

How does internal transfer work at Comcast? Does the manager have any influence in stopping to get the role? Comcast

like
like

Final round with managing director. Accenture retail consulting. What should I expect. Recruiter said 90 min case round

like

Hello Sharks!
What are the responsibilities of Technology Lead in
Infosys?
Does it include development tasks as well?

Infosys

funnylike

Hi,
How is the work culture in Schlumberger ( SBL ) account in Capgemini for the automation testing guys.
Appreciate your response.

More Posts

Anyone in herspiegel? I’m looking for a referral for a consultant/sr consultant position in life sciences if you are hiring. Have 2 YOE.

likefunnyuplifting

Does anyone know what the dress code is for the upcoming CAALA Trial Skills seminar? Do people usually wear suits or is it business casual? Thank you!

like

Done with final interview round of BCG for lateral placements and the HR has asked for a call for communicating final result. Generally they do this for communicating yes or no? Super anxious!

like

Got an offer for 180k + 40k bonus for a SC role in Dubai at a T2/T3 shop. Is this competitive?

like

Has anyone ever tried to work outside of AFS's typical locations (DC, SAT, STL)? I'd like to stay with AFS, but I want to move away from TX to CO. I've heard rumors that some people have been able to do this. Any experience or insight?

like

Which platform do you find best for affiliate marketing?

like

What are your favorite online strength training program sites/apps?
For reference, I want to work out 3-4 times a week and want a program that balances all body parts. I'm tired of searching videos on youtube and apps.

like

Hiiii, I ran out of words from my resume. I developed a strategy with my client to integrate data files that are sitting in numerous user’s excel file into their existing data warehouse which will be use to analyse trade data. Any way to frame it better?

like

Lost 16-18lbs since WFH. I’m back down to 200lbs now. Hoping to hit ~185 and stay that way! Starting to see my abs again:) and I feel soooo much better.

likeuplifting

Am I understanding utilization rate correctly? It’s chargeable time over total time? Charged 40 hours and had 10 hours non-charge so my utilization is 80%? If so, wouldn’t it benefit me to understate non-charge hours so my utilization is higher since they only really care about chargeable time anyways? Charge 40 hours still but only put 5 hours non-charge for utilization to be 89% instead of 80%? Or am I misunderstanding how utilization works?

like

What are MBA offers now in consulting starting next year ?

like

Hey you guys! can somebody please help me answer these questions!

1. WonderWorks wants to increase hospitality sales by 25% in the next year. What are some sales and marketing strategies you would use to increase sales with our corporate partners? Outline a variety of paid and organic tactics you would use, indicating any potential costs that may accrue in your plan.

like

Information needed on Wells Fargo chennai projects tech stack. Does any of the projects have the latest tech stack. I heard most of the projects are running on the legacy stack.

I will be looking for an opportunity on java 8, spring boot, microservice backend stack. 9+ yoe. Please throw some light on what tech stack is used in project and are they latest?! Thanks in advance @wells fargo wf wellsfargo

like

Going through first full cycle with EY as Advisory PI Manager in Tier 2 city.

What in your experience is average raise for high performer vs meets expectations?

like

Hey folks, how much time it takes for first advantage to start background process ? I have accepted the consent form but haven't recieved any mail from them yet.

like

Anyone recently left Ibm..how did you returned your laptop

like

Hi Fishes,
What is the impact on rating and overall, if I have got all snapshots good but for one snapshot its like at level for 4 parameters and 1 parameter partially demonstrated at level and have got a development action on that. Can you please advise on what will be the repurcussions and how to deal with this situation as the CRT are round the corners. Thanks in advance!PwC

like

Stopping in Philly for one night...what's the best area to stay in? Would love to be walkable to a few good brewpubs, craft beer bars or breweries, esp. those with outdoor areas/beer gardens and in an area that's less urban and more residential ideally w. historic row houses. TY!

like

So, how’s your Omnicom “return to work” survey coming along? 🙄😂

likefunny

Hi All, I've been offered a 10.7LPA by TCS. What will be my take home monthly and the take home on a variable payout month? Approx value is good.

TIA

Additional Posts in Partner One

Partners, what is your magic number (in terms of dollars in the bank), after which you intend to retire?

like

Hiya! I was wondering if anyone here has any good recommendations in terms of books or learning material that I can pick up to learn about sales and marketing relevant to the consulting industry?

like

Partners, when do you think informal communication regarding new PPMDs will start trickling in?

like

Partners, what is your advice to folks who are currently on bench on how to best utilize their time and what value add activities (personal/professional) that they can/should do.

like

For the Partners and really anyone in a leadership position: how do you motivate your people to take initiative? i.e. inferring next steps and taking action without waiting to be explicitly told to

like

Big4 Partners: could you provide some insights into how the Big4 pensions work. Assume one becomes partner at 40, and then retires at 50 after full vesting, how much annual $$ you get after retirement?

like

Partners/Principals - how do you focus and continue to work at the same rigor, if you have made your numbers or 75% of your numbers? Do you take it easy or continue to grind/ work long hours as usual?

like

If an employee files a complaint about workplace behavior, do you treat them differently? I'm faced with reporting an SM for bullying and finding it near imposible to believe that it won't (cont'd)

/x-post from the Consulting Bowl/

Hello, Partners. Can anyone recommend fantastic courses, videos or training for a new manager like myself? I’ve come from a tech background and looking to be C-Suite

Partners: where do your clients come from? Do you spend more time acquiring new clients or using your network from past projects/peers?

like

Anyone got the skinny on Alix consulting?

Got pinged by a recruiter for an MD role in digital transformation

He claims they compete with MBB and Alvarez.

Thoughts?

like

Does the concept of local and high value role exist is Deloitte, Accenture or PWC?... been consulting for 13 yrs

How early in someone’s career do you generally identify if a homegrown person is partner material or not? M and up or earlier?

like

How did you find out what you want in life? Feeling lost mid-career..

like

Hi Fishes,
A friend of mine is trying to return to work after 2 yrs of break. She is a CA with over 7 yrs of experience in Investment Banking and Debt syndication and is looking for opportunities in Bangalore.. Any leads would be helpful.
Thanks

like

Partners - do recruiters/headhunters ever reach out to you? What types of roles/levels do they reach out for?

When you independently search for other opportunities (if you do), what types of roles do you look for?

like

How do you identify potentials in people?

Are all 529 plans not allowed if one makes partner at PwC? Seems like everything is showing up as not permitted on independence checkpoint.

like

At Accenture, I feel that 9/ 10 MDs I see are solid business operators/ relationship developers in contrast to true value creation/ thought leadership. I enjoy creating. Ctd...

smart

For those that are home grown (at least 2 levels) into the PPMD level, how has your relationship with juniors that you’ve been close to from the start evolved? Have you had to pull away from them (intentionally or not) or are you just as close? Is the saying “it’s lonely at the top” rung true for you?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal