Consulting vs IB for post-MBA career?

Objective: maximizing self-NPV (i.e. lifetime income potential) :)

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Agree with the comments suggesting IB but realize being a post-MBA associate in a bank is just the worst and you don’t really have as easy of an out to PE/VC as analysts.

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Banking if you want to maximize income

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Definitely banking

Are post banking roles outside of PE/VC > MBB in terms of maximizing income?

And VC for that matter. PE too at lower levels

Thanks for the opinion!

Consulting (esp. M) opens up more opportunity to become CXO at large corporation (i.e. F100) which i guess total compensation is comparable/higher than IB/PE partner?

I don’t think I’d agree with that completely.

Yes consulting opens up more opportunity to eventually move to CXO but you won’t move there initially. You’ll have to propel up some ranks that may not happen and relies on some bit of right place right time.

Also at the upper half of the Fortune 500 companies most likely.

Whereas during that time IB/PE would normally have had higher comp up to the point of you ever making CXO and so then it becomes do you make enough to counter it.

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