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Any tips on how to start and prepare my MBA Application? I don’t plan on applying till 2022 as I want to attend in 2023. What are things I can do to prepare now in order to have a strong application?Background: I’m aiming for HSW, M7, and top 15. I’m currently a Staff at EY within Business Consulting. I graduated from a Top 25 Business Undergrad - majoring in Finance and minor in Advertising with a 3.71 GPA. I want to pivot towards PM or Corporate Strategy in Tech, at Toyota, or Nike. TIA!
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Deloitte MBA manager salary? S&A
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EY is the easiest B4 to make Manager at I think. You can make M in 4 years.
I made M at EY in 4 years from grad school. Deloitte has three levels below M: Analyst, Consultant and SC and you typically spend 2-3 years at each, and average time to M is about 7-8 years.
Exit opps are probably the same for B4 managers no matter the kool aid firms might be feeding us.
EY manager is a bit closer to a Deloitte SC (Deloitte has a level between A and SC where EY doesn’t), and Deloitte M’s probably have 3-4 years more experience. Deloitte is also a more organized and cohesive firm (I’ve worked at both).
Rising Star
I would certainly not call Advisory D SCs == EY’s Ms. maybe for Consulting D. I know they added the new Analyst role even in Advisory but the expectations around leading a project and handling the financials are pretty equal M = M
EY = D
Chief
D will try to convince you their brand is somehow meaningfully superior. Don't buy it. It's all the same.
Consider factors like comp and team, maybe kind of work.
Rising Star
This is correct
Deloitte recruiters like to spread propaganda
No one calls them out in it because that would be shooting yourself in the foot during application process.
But M at Deloitte is M at EY or Accenture. They will say otherwise with confidence. But evidence says they are equal on average.
At the end of the day, B4 do all the same things and all recognizable from the outside. It could land you an interview but not guarantee you a job.
EY Managers build a better working world. I think you have your answer.
Which service line? Overall, D has a better brand and exit opportunities
Rising Star
lol
Yea sure
Whichever has better work. There is absolutely no difference between the two.
Rising Star
I find Deloitte to have been more effective at expanding their consulting business than any of the other Big4. Dunno if that’s the same as “better brand”, but I think you’ll find meatier consulting projects at Deloitte, at least in Tech implementation work.
Let’s put it this way: we run up against Deloitte constantly in the types of work we go after; I only see EY in the mix for maybe 1 out of 10 projects that I see Deloitte.
Chief
Sounds a lot like the availability heuristic.
And I disagree with your premise about size and variety of projects. I'd be more interested in revenue per consultant and employee turnover, but even that only tells you so much. All of the B4 already have enough variety that no consultant can experience all of it. If that interests somebody isn't at all of the B4, then probably none of the B4 are a good idea because that field is probably better addressed at by more specialist firms.
Pro
D has slightly better branding than EY, but it's marginal. I worked at D and more prestigious firms, but now in industry, and I always drop D because ppl have heard of it. EY is basically just the same.
EY bonuses are not the best. Have been at both places and trust me when I tell you. TC at EY as an M1 was 120k. TC at Deloitte as an M2 is 240k.
Rising Star
I mean i was making 76k C2 @ D then got hired for 140k SC1 @ EY and got a $7000 bonus despite not working a full 12 months and now make $150 as SC2. Comparisons like this will always be misleading bc the company you left for is obviously paying you more (that’s why you left) and since bonuses and raises are always a %, you’ll always see bigger numbers at your current employer. I have no doubt when I boomerang back to D it’ll be the same as well
I’ve worked at both. EY a better place to work in terms of colleagues and learning opportunites. It’s a “nice” culture.
Chief
take whichever pays more. They’re the same, more or less in terms of exits. Deloitte just makes you jump through more hurdles.