Do you get to pick MD or Partner/Principle route?

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

This topic comes up frequently suggest searching the bowl. These paths aren’t like a menu for the senior manager to choose from or pick. Firm leadership steers the path and while there is input from the practitioner, in most cases it’s a one way recommendation based on track record and forward-looking metrics.

In PP candidates, most have been tracking/groomed toward that path since they were managers or even senior consultants - Building sponsorship along the way, building a book of business, having a strong network of support. Some will be recommended MD if that’s the better fit or market doesn’t warrant the need. For those late to the party, MD can be the more reliable path. Age factors into it. Risk tolerance and expectations are very different. Strong business cases are required for both.

likehelpful

💯

You can choose a path - whether you have enough sponsorship and support to get to PP is a different story, including demonstration that you can do it. Otherwise, sure you can be the PP route but be told you’re just better to stay as MD.

like

The route picks you.

funny

There’s no real difference between Partner and Principal other than you need to be a CPA (?) to be a partner. Names and rules is all.

likesmart

That wasn’t the question. But yes, one is a CPA and the other is not.

likesmart

Age also plays a factor. MDs don't have forced retirement, while PPs must retire at 62.

like

I got the same talk as an experienced hire SM at EY like point blank said oh you're too old for Partner ha ha ha.

likefunny

You can pick but whether you gets your pick is a different story

likehelpful

You get selected for Partner/Principal…if it were a simply a matter of a candidate’s choice there would be few reasons not to take the economic upside of being an owner.

funny

It depends on your sponsors… that’s all

Related Posts

Hired as SA1. if my utilization is low for round table but I’ve gotten good Snapshots will I go up to SA2 or SA1B, which I don’t want of course.

like

Any good book recommendations for new Managers in consulting ?

like

Thoughts on jumping for the third time as a ‘18 grad? Analyst -> Analyst -> Analyst (Senior Analyst comp)

likehelpful
likefunny

Anyone switched from B4 audit to advisory (ex. management consulting, deal advisory)? How did you start networking / get the opportunity? Any advice?

Thoughts on leaving a BB bank to a credible startup?

like

How do the Consulting levels (1YOE > analyst, 2YOE > consultant) measure to industry levels (associate, manager, director)?

like

I have completed 2 years in Accenture yesterday(joined as an ASE) ...can I expect an email today from company stating the promotion to SE ? (Not asking if it will be applicable)

like

What should I do in a scenario where I was hired (12+ years) with far less salary than(~20% less) than other members (4+ experience) in team and asked to take 80% of team's responsibilities. The hiring manager low balled me sensing that I am in dire need of that job and now I am stuck for 2 years now. The company is a big shot but I am literally getting paid less than what I used to make 10 years ago. Should I try to move within or look outside?

like

Any aws infra guys in aws professional services? I want to know which role if I should apply for ? My skills are in gcp primarily but I know some aws along with devops, python etc.

like

Any tips on how to get out of IFS? I feel so trapped. I’ve been with the firm 6.5 years and had 4 roles trying to climb the ladder. 3 of the roles were SA. I’m tired of the lateral moves.

like

Hi, I have about 2.5 years of work experience in JP Morgan and an MBA in Finance from IIM Ranchi.
What are the chances of switching to a front-end role in private equity/M&A at the Consultant level? Also, an idea of the approximate salary would be helpful.
Thank you!

like

What are your long-term career goals with recruiting? Do you think you'll stay in tech? Or exit to something else?

like

Hi everyone

Can someone please help me understand hierarchy at BNY Perishing. Where does a Grade J stands?

like

Ex healthcare workers in Tech/Sales Engineering/ Healthcare consulting;
I have my masters in nursing/FNP (1 yr) making <K70 (Indiana) due to low patient census in my role. No desire for a different FNP job nor to return to bedside nursing (RN 5 yrs). I have heard of some individuals with remote positions making >K100 with little to no experience in tech or consulting after doing a boot camp or cert?
If you pivoted; What’s your current role/ Income & what did you do to complete the transition?

like

As an experienced, SHRM certified HRBP , I would just like some feedback on your opinion of the differences in the roles between an HRBP an HR Manager besides the obvious that the manager should have direct reports. I am an HRBP and work in step with 3 HRM’s. They all 3 just got out of cycle raises of between 5-20% 😳 and I received nothing. I am quite aware of our HR code that salary is confidential but I was told about this. Would you be looking for other employment? Or stay?

like

I left a IB role ~ a month prior to coronavirus having had something else (PE) lined up. Lo and behold, COVID paused hiring, and it has been extremely difficult to justify being unemployed this long (since Feb). Any advice?

like

Hi Fishes,
I have an experience of 6 years in Production and Application Support. I have worked as middleware administrator as well for Jboss and Weblogic.
But due to the diminishing demands of the role in IT industry , I am planning to switch my career in Devops or AWS which would help me grow.
But I am not sure without any practical knowledge, will I get a job at this many years of experience in a different profile.
Do companies hire for AWS profiles with good packages at beginners level?

like

How do I get a job at a startup? I have an accounting/finance background, but don’t enjoy that work and want to get into the startup space (been interested for years).

like

Anyone have good ideas of some exit ops if I have worked 3 years tax then 2 years audit?

like

More Posts

Any current MBA students on here? Any wisdom/things you wish you knew before starting??

Any tips for Amazon Web Services Senior Business Intelligence interview? Guess it would be SQL round.

like

Hi everyone,
Can anyone pls connect me directly to the manager for onboarding, instead of company's job refferal id wise, coz mostly none of the companies actually reach out. I'm tired of current organisation's politics and want to quit. But due to 90 days notice period not getting any calls for interview.
I'm a PLSQL developer and data analyst using Excel and Tableau (basic), currently I have 2 yoe also having fair knowledge unix and java as well.
Please help.
Thankyou!

like

Which is your stock pick this week?
Serious answers only!

like

Is there anyone from Canada here? I’m looking for some information on working out of the country, but selling insurance.
Thanks

like

Anyone do any work in web3/blockchain/metaverse?

like

Will Cognizant offer 35 lpa for 11 years exp. And senior manager role?

likefunnyuplifting

Hi Fishes
Having 3.6 years of experience in SAP ABAP. How much package can I expect. Looking for a job change. Any referral would be appreciated. Already Servicing Notice Period.
LWD : AUG 29

like

Hi fishes,

I am looking for a job opportunity, please find the details below and let me know if any one has any suitable openings.

Role - Project Manager, PMP cert. (Agile, JIRA, etc)
YOE - 9.2
Company - Valeo (Automotive SW development)
Serving notice period
Offer in hand - Bosch and Born Group

like

Is Huron hiring right now?

like

Anyone have experience exiting to a biotech with no commercial products? PH I/II lead asset targeting multiple indications. Pros and cons?

like

Hi all, I am a structural engineer looking to pivot to management consulting. I have a PhD in civil engineering and am a licensed PE. Currently I am not finding my profession fulfilling due to many barriers for progress. I have a strong statistics background and am looking to switch to a fast paced career in management consulting. Does anyone have any advice on the optimal way to pivot careers? Am I too late to switch? Should I get a career coach?

like

For those of you in healthcare related account management, what is your healthcare background? I am clinical and getting ready to hire a higher level account manager. I am really biased toward people with clinical/in hospital experience because, quite frankly, healthcare is a different beast - lots of hand holding and change management. I don’t want to miss the right person because of my bias, so im wondering how many healthcare related AMs have healthcare/clinical experience… thanks in advance!

like

Which one to join GSK(X+3 bonus + 1 JB) as Data Engineer or Fujitsu consulting (x+3) fixed as System Architect??

like

I am done with my HR round. And said I am selected in Siemens, balewadi, but not yet received the offer letter. Its been a month now They are waiting for approvals. Any idea when will I get the offer letter.

I run a small SaaS startup. I am looking for a growth manager for my company, who can wear multiple hats. She should be able to do presales as well as helping me in the building strategies for the company. Any help, what should I look for in an ideal candidates? Any suggestions about how would I interview candidates? Thanking you in advance!

like

Hey all, did anyone apply during the recent Bain experienced hire window and do the online assessment? Or did them in a previous hiring period?

like

Received bad news from Accenture today. Unsure of what they were looking for. I was referred for on a JMO application.

Post Photo
like

Additional Posts in Partner One

Partners - absent the paycheck, do you enjoy your job? Regardless of yes/no, did you enjoy the path to getting there? If you didn't, what convinced you to keep going at it?

like

Dear Partners-
Have any of you switched firms to make P? Worth it? Tips? Have always planned to make at my firm, but my firm isn’t keeping up their end of the deal, so I’m job hunting....

like

What is base pay range for L5 at Accenture?

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

Fellow 🐠 - What qualities would you look for in a junior practitioner (0-5 years experience)? I’m updating a JD and would appreciate your collective inputs. TIA

like

Executive presence - what is ONE thing that helped you the most in significantly improving your executive presence during workshops, town halls, kickoffs etc.

like

PwC partners have any comments on the cohort model? A lot of complaints in PwC bowl arising from the disappointing adjustment and the constraints the model has imposed on career growth

like

PPMDs, if an employee comes to you and ask for support to join a different group within the firm and the employees ends up not getting the other role, do you typically treat them differently after (e.g., not staffing them on as many deals) / would you hold them back from promotion the following year?

like

Tips to build my brand and network as a junior practitioner navigates their career to the next level at the firm?

like

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

Partners, I imagine some of you are older. Do you remember a time of instability such as this in history? How has the media changed over the decades? How are you thinking about the times if at all?

likefunnysmarthelpful

What is KPMG's parental leave policy for partners versus employees (MDs and below)? Trying to plan life and figure out if it makes a difference to have a child before or after one makes partner in terms of parental leave benefits. Thanks!

like

Partners, need some career advice. I'm in a niche BU at a big 4 focusing on risk related to certain cutting edge innovations in my industry (intentionally being vague). I'm being heavily recruited by a competitor firm to jump. I have just over 6 YOE, looking to promote in a little over a year (which would still be early at my current firm). To clarify, I'm not looking to leave, but will never say never. Firm looking to poach talks big game RE comp (potential to double my high 100s salary). Cont.

likehelpful

I do things (late nights/weekends) that I don't think my managers/partner knows about since everything is running well - directly correlated with elected hours spent. Is it weird to bring this up?

like

What is your firm doing to develop and retain Latino and African American leaders/partners? Or is it not seen as a priority to have ethnic diversity at this level?

like

(1/2) For those w/ technical backgrounds: how did you develop executive communication skills? I’m a year into MBB (post MBA) and have had really great reviews on client, problem, and team

Partners,

My firm is immature in guiding development planning. I have energy to accelerate to the next level of responsibility.

What evidence distinguishes an analyst as ready for the next level?

like

Looking for advice: would you stay in partner pipeline at Big 4 or move to one of the MBBs as a principal? I am hearing that with Big 4 getting into strategy more, MBBs will be obsolete soon thoughts?

likefunny

Partners, when you identified a minor error from a deliverable that was reviewed by SA and manager. Do you mostly get upset/disappointed at the manager, SA or the associate?

Curious what % of partners/MDs have spouses who also work. And regardless of non/working spouse, what do you do to feel a work/family balance?

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