Consulting

BCG 🐠 Willing to compare and contrast PL vs. Principal for me? SM at B4, trying to determine where I would fit best

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Sure. Biggest tradeoff is more comp at P vs. having reasonable amount of time to build a platform (people and content) for Partner. PL: $250-350 TC, managing teams of 3-4 on a small case or as part of a larger case. Typically reporting to a Partner but may have a P proving air cover on some central management activities. Typical 21-27 months before P which allows time to “find a home.” Only need 1-2 MDPs pounding the table for a P promo. P: $325-475 TC, managing teams of 5-8, or bigger programs with PL-led teams under/peer coached (ie P +3-4 direct and central client/process tasks for yours and 2 other PL+3 teams), expectation is constellation (eg Partner sponsors) and platform (function/industry/clients) are locked down 1 year in and you’re driving towards building a business as future Partner. ~2 years to Partner and then 2-4 more for MD. Need quite a few MDPs ponding the table for promo/election as “integral part of their biz” and “providing incremental skills/relationships vs the global Practice Area.” Faster progression sounds great, I know. But it should give some pause. If your aren’t ready for the promos +/- 6 months, you have to leave.

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Yes varies for different groups

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Thank you for the detailed breakdown PL1. Are there any financial metrics like sales targets for PL? Similar to OP, I was thinking I’d try MBB for either PL or C once I make manager at Big 4.

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No sales targets below Partner. Even then, mostly an MD metric.

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What’s the pyramid like? How many people make it to each level once they’ve entered the firm as an A after undergrad or as a C after MBA?

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