Related Posts
Pro
More Posts
What are your thoughts on SF belts?
Rising Star
Bowl Leader
Additional Posts in Consulting
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
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.
"" is an unusual email domain. If correct, please proceed to the next step
Messaging rates may apply
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
New to Fishbowl?
Download the Fishbowl app to unlock all discussions on Fishbowl.
Share
Embed this post
Copy and paste embed code on your site
Preview
Download the
Fishbowl app
Scan your QR code to download
Fishbowl app on your mobile
Sign up for free to view this conversation on Fishbowl
Sign up for free to continue using Fishbowl
Messaging rates may apply
Does the new gig have a clear career progression?
D1, the career progression would be different in the sense that the people I'd be reporting up to would either need to be promoted or leave for me to climb into their role. I'm not used to this model
If so, take it!
Have you already done your MBA?
This new role sounds like it will make you a more interesting candidate for a top B school
I think many people put way too much stock into how "cool" strategy work is. They view MBB as prestigious (which it is) and therefore the work must be better (not necessarily). It's more long nights and hectic travel. The exit opps are probably better, but then you need to figure out what your goal long term is.
Additional concern is I've heard it's much more difficult to reach higher salary brackets in industry. Current situation: SC1: 110k, received rating of 2. Somewhat exhausted of the travel but truly feel I work for one of the best companies out there (yes I drank the koolaid). I've also always dreamt of MBB post MBA so I'd be giving up on MBA -> MBB potentially, as I'd likely keep this role for 4-5 years.
EY1, no. I was planning on applying Round 1 this year
Take it
A1, why do you say that?
Don't do it. Not sure how many DD folks are on here but your comments and posts are always appreciated...
If you have kids or thinking about it in next 1-2 years take it, otherwise do the MBA and ride it while you can
If I could find the right role, 20% bump and be home I'd be gone
If you take it you may still have a chance of going into MBB with expertise in whatever area you're going into down the line. Sounds like you need to think about why you actually want an MBA and therefore your longer term goals. By the time you graduate, MBA starting salary will probably be around $165-185 if it keeps increasing at the rate that it has been these past few years
If you feel like you'd really learn there - take it, you can probably come to MBB later as an experienced hire without MBA and have much more valuable experience compared to freshly minted MBAs, with no specific platform
Tough choice you have in your mind, I feel like consulting is getting more specialized, though, and a lot of people with actual strong technical skills will be needed to streamline many solutions at the clients, while clients are getting smarter themselves and will start demanding more tailored solutions rather than the glamorous strategies
Salesforce is hot hot hot . Tech companies as unglamorous as they may seem have greater growth opportunities and 'strategy' in itself is not an area, you need to have specialized skills per industry or start off as an analyst.
This may be true EY1, however I also feel that by taking this role, I'd need to commit to at least a few years at the tech firm to actually achieve what I'm being hired for, i.e. helping to grow out a new niche practice area. That would put me north of 30 years old, and salary wise I might be closer to 150k by then. I'm worried about losing the mindset or motivation to give that up to return to school.
Take it. Excellent industry experience. Don't disregard employee stock options. You'll be a better consultant coming back in with industry experience at perhaps a higher level. Just keep your eye on the ball to get your MBA.
EY1, thank you and appreciate your advice. Will have the conversation with family and decide
ATK1, yes it's possible however I don't see this experience aligning well with MBB strategy practice. Door will remain open to BCG digital ventures or McKinsey's analytics practice. Problem is - I'm good at what I do, even great, but I've always been interested in strategy (perhaps This is a scenario of grass is greener on the other side)...so the way I view it is I keep going deeper into something I'm good at, something that offers decent pay and job security, but not necessarily the glamour-esque strategy engagements I've always dreamed of