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Hi there, I have 3.5 YOE working for NHS Finance. I applied to Deloitte Risk Advisory, Public Sector (London, UK) and was successful. Waiting to hear back with package offer but it’s been over 2 weeks - was told they may offer M2 grade, any ideas what this is?
I’m also interviewing for Senior consultant role also at Deloitte. How much would this typically pay?
Torn whether to stay within NHS as I will be getting an internal promotion or move to Deloitte.
What’s the WLB like? Good job security?
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Peace and love but it’s an easy decision: does your friend want to work with cut throat people wearing only white dress shirts and delivering off the shelf recommendations? If so, your friend will thrive at McK!
Or would (s)he prefer working with warm intelligent free thinkers who collaborate on providing best in class bionic data driven recommendations tailored to the specific client context? Then BCG is home!
To be clear, I’m absolutely kidding. I’m at BCG and my gf is heading to McK after summering there, and I think any differences are so much more marginal than people think! Either way it’s going to be a busy summer!
“Bionic” tipped me off...lol
Rising Star
McKinsey folks are hungrier for long term career progression, BCG are nicer and more thoughtful people. You don’t go to either of these for WLB. I don’t regret my choice. Also won’t go wrong either way if you’re a good performer.
That’s great insight!!
Tell your friend to share their offer news with each recruiter and to ask to be introduced to people in each office. Recruiters will make some connections so your friend gets to know a few people. Talking to real people in each is a good way of testing fit.
Interesting take. Never would’ve thought of that honestly but I like it!
Mckinsey
I feel your *actual* experience will vary project by project equally as much company by company. It’s a total pot luck
Exactly. So choose McKinsey 😉
From everything I've seen there is very little difference. Here are the VERY VERY minor things to consider
1) I assume both offices are heavy in Energy since they're in Houston, but try to find out if one spikes more in a particular industry you want to be in olved in (I suspect they won't)
2) when I had a cross offer I asked a few recruiters "You see McK and BCG on the top of a resume and have to choose one based on brand name alone, who do you pick?" I consistently heard McK (btw, I don't think this is correct, but I was just trying to test the brand power in the market)
3) If you're going to leave within 2-3 years and you're optimizing for comp, go with BCG. They pay slightly more at the lower levels. If you're in it for the long haul, I've heard partner comp at McK is better.
Somewhat counter intuitively, I would try to avoid letting one or two great people you may have met color your decision. Realistically you're going in as an intern and likely won't start working full time for another 1.5 years or so? The average tenure at these forms is about 2 years. There are pretty good odds that the person you like will be gone or on their way out when you get there. That was definitely the case for me (don't worry, you'll find other great folks)
Brilliant!!!
Bring lots of light colored shirts and prepare to sweat - summers in Houston are a doozie for heat
Rising Star
Can confirm
I know some of the leaders at BCG, good people in my opinion