Hi 🐠! Wanted some help understanding the levels at Oliver Wyman a bit better... especially EM - how does it map/ compare against levels at MBB and other Tier 2 firms? How do the responsibilities typically sit between EMs and Principals? For eg was reading the nuance of CTL (Bain) v/s EM or PL (McK and BCG) v/s Manager (Bain)... I have 10yoe and been offered EM at OW. Also is there an official level (SM) between EM and Principal at OW? Thanks! 🙏

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There is no SM level. It is EM and Principal. EM is usually expected to lead projects while Principal is explicated to lead multiple projects and be more commercially involved as path to partner becomes closer.

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(1) It depends on the size of the engagement & the relative seniority of the Principals / EMs. More senior Principals play an execution partner role, more junior ones are like EMs managing more complex / broader / multiple projects. So if you were a high performing EM you’d likely be staffed either directly working with Partners or with a Principal who’s in an EP-like role (2) This depends on who’s involved. Principals don’t have revenue targets, though those close to Partner want to demonstrate their ability to bring in revenue (3) As you can maybe see from the above: it’s a bit more of a spectrum. Once you start demonstrating the skill set of the Principal level you’ll get promoted. There’s a very transparent, explicit set of competencies & you’re rated against the same competencies at every level, so you can see how you’re tracking towards more senior levels Feel free to DM me if you’d like but these are also great questions to ask anyone you’ve interacted with directly in the hiring process FWIW, I think OW is a fantastic place to work & grow in your career

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Afaik there is no official "SM" level at OW. Though there are different internal EM levels. Would say that OW EM is equivalent to McK EM and BCG PL. Not sure how it maps to Bain's manager roles

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The process starts at the end of September each year

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Thank you. What are the sub levels? And what’s the avg transition period between them? (I know “it depends” but what’s your view based on your experience/ observation?).

Thanks OW2!

One thing to clarify is that if you join now, you might not have enough time to show a skill set to be prompted to Principal this year. However, if you’re performing at the Principal level, you can make the jump next year

Thanks EM1- when’s the review/ promotion cycle?

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