For those in Financial Services, are there times where you wish you went the MD at a bank track vs. the partner at consulting track?

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Never

smartfunny

Because I like what I do and as a partner I get far more autonomy and WLB than MD at a bank.

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Omg no

likefunny

I know MBB partners who work banking hours, but they say they enjoy consuming more. If you are only after a paycheck and not WLB then banking is probably the better path. You don't hear about all the bankers that fall off though and lose their carry

Consulting track is better path if sales / revenue targets are being met and equity partner

Banking MD seems rough IMO. If MD in a cost center- bullseye on your back day one. Profit center MDs it’s even more political than consulting and non stop revenue pressure.

I moved as an SM to a bank as a D and made MD in a couple of years. It has been a good move for me, have a lot of autonomy in my role and work ~40 hrs a week. I probably make 60% of what a tenured partner at B4 makes.

Sure

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Additional Posts in Partner One

What are the benefit differences between an equity partner and a non-equity partner (e.g. managing director)?

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Trying to make a decision whether its worth continuing.

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At Accenture, I feel that 9/ 10 MDs I see are solid business operators/ relationship developers in contrast to true value creation/ thought leadership. I enjoy creating. Ctd...

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