Friend applying to ACN capital markets group. Has 2 yrs of asset mgmt experience at DB (right out of college) should she apply for consultant or sr analyst? Also, will she get a pay cut?

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Stay at DB if she is going to make 150k. There is no way she can make 150k in next two years

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Not that high haha. Tell her to shoot for the Consultant role

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Maybe if she received put options :)

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Anyone here want to share more information about the ACN capital markets group? 2 years experience, newly promoted to Consultant, project experience in AM and strong affinity for capital markets and investment management.

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At ACN she won’t plain and simple

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Why does she want to quit DB? Seems like a stupid move IMHO also if shes teo years in, MBA is around the corner

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They said the hours are too long and they aren’t taken seriously at work. My friend even cries in the bathroom at work, not sure it’s for them.

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Isn’t DB imploding right now? A buddy of mine is there and his workdays sounds like a complete shitshow at this point

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She says she will make 150k-165k this year at DB (inc bonus). Not sure of the salary range for our capital markets group.

What is DB. And the pay of 150 is manager or Sr mgr level. .... She won't get that at ACN

Deutsche bank

At ACN

Is it realistic that she says she is making 150/165 at DB asset mgmt? She is 2 yrs out of undergrad and didn’t go to a target school (state college)

I don’t think so. Let’s break this down. Let’s say if she started 90k base, 20% bonus and any additional bonus won’t still get her to 155. Dude it takes time to make money unless your father or uncle is a board of director or some political figures oR she is in sales and has her own P&L and clientele. Fact that’s she is thinking about consulting tells me she isn’t sells either so I don’t know what she is talking abt. MBB, Google, Facebook pay good salary but these people are from Ivy League and most of them have MBAs

At MBB you start making that much after 2 years. We don’t hire a lot of folks from state schools but there are some, and they make the same money as everyone else. I’d imagine any name brand bank would pay similar if not more.

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