Got an offer from BCG. Same level. Should I take it?
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Well...depends what you want...I work 45 hours a week in consulting my friend at platinion BCG works on good projects at least 60 hours but on average much more. Pay is better but not 50%+ better, has much less sleep and so on...so all clichés are fulfilled. You need to know what you want. The pace is higher, the working atmosphere is much tougher but learning curve is also much steeper
Yes all your thoughts are in line with what I’m hearing.. much longer hours, better exit opportunities, and the variable pay is much better, though base pay is same
How soon is too soon to re apply? I had an interview at UG (and Bain) - first case interviews, weren’t great - and ended up at a boutique strategy firm. Someone at my firm actually just joined BCG too (after two years). Does a referral increase chances? Have been on three projects already.
6 months is our cycle for experienced hires. Good luck in the next round!
On a serious note, this sounds like a no brainier unless you left out some important context
Is a no brainer
How much do you work at EY now? I'm in PI and average 45 a week now. My friends at BCG average 55-60.
MC1, I don’t know much about EY work life, but I would bet their WLB is probably better than ours
Why do people act like this is a no brained and just based on prestige? This is the mindset that results in many consultants ending up miserable. OP, get to know their culture and ask lots of questions, then pick whichever firm is a best fit for YOU and whichever one you will be happiest at. Prestige means nothing. The ego boost you get from working somewhere more prestigious does nothing for you ...
If you are a lateral manager, we often make you try your first case as a ‘doer’ so that you understand what it takes.
Also, I love it here. 4 years in, case from industry. Are there bad days? Sure! Is it fun? Definitely. Is it for everyone? no
BCG also fires people without hesitation if some little thing doesn’t work out. So you may be out of a job unexpectedly, it’s possible. I heard it’s hard to integrate as a lateral hire. I came in as a lateral and regretted it.
I came in as a C. But it’s hard when everyone else in your class was a summer intern there and knows the people and expectations. It’s definitely possible to succeed, but my expectations were way off from what it turned out to be and that really set me back.
I’d do it unless your aim is to become an EY partner. Better exit ops with the BCG branding.
If you want to work less become a teacher. Otherwise enhance your value for the long term.
Right and with some consulting projects you work 18-20hr days for 3 months straight (DDV, Due Diligence, poorly scoped projects) and you don’t get to sleep in your own bed
Only risk is that people from big 4 tend to struggle at BCG, and it’s heavily influenced by perception. make sure you work had to fight the stereotype
PL1 why do they struggle. Can you give some examples if you know
Also they had former big 4 managers who changed.. they did not last, got rolled off the projects and didn't pass the probation period (were on manager level and slacked compared to consultants, didn't readjust to the new culture and thought being former manager entitles them to other work styles
This is a very great point. BCG has a very very particular way of doing things that it instills in its people from a junior level. Need to adjust quickly.
What group in EY are you? I would make the jump if you don’t want to get stuck in the forgotten SM surplus down the line. Interested in hearing how your interview process started from EY
I’m in PI, a very high growth and strategic group.. have made a good name for myself too.. a recruiter reached out to me..
In which country? As at least here in Germany the base pay in tier 1 strategy consulting is 30-50% higher plus the variable is additionally higher. So already a consultant here gets as much as managers at big 4 consulting/advisory ...
Oh god...the mercury bashing...well if that is your problem you're having a great life ^^
BCG Classic client-facing Consulting role or something else like internal role or platinion, gamma, etc.?
I am surprised you got the same base pay and guess that’s why you are hesitating?