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Why would anyone go for an MBA once they're MBB? Seems like a massive capital and opportunity cost considering no financial inside at the firm and the already stellar networking opportunities at work. 4 years MBB seems much more attractive than MBA+2 years MBB
I’m with BCG4. It’s an intense job. Two years to develop additional perspectives, network, and expertise all while having some time to reflect is a pretty compelling offer.
Yes. Although in the US, our BA and ASC are parallel paths to EM, so you don’t actually get promoted from BA to ASC.
It’s a meritocracy. I’m a 31 year old Associate who is excited to work with a 25 year old EM because her reputation is fantastic.
For MBB, do you have to get an MBA to progress? Or would you be able to go from BA to Partner without it?
It’s not common here either. Not because it’s required, but because it’s a good break and good rounding out experience. Even rockstars need those.
And do MBB firms pay for MBA degree? Is it hard to get that sponsorship?
BCG sponsors
If you’re a consultant via promotion, then go get MBA and return, do you get a pay bump or stay at that same pay level as before?
You’d come back at whatever tenure you left at. E.g., if you left as 2nd year C, you’d come back at same salary as other C2s