HOT TAKE: at least one of MBB will be bankrupt within 8 years

likefunny
Posting as :
works at
You are currently posting as works at

HOT TAKE: OP will be bankrupt within 8 years

likefunnyuplifting

I guarantee it, trust me

likefunny

source: trust me bro

like

OP is going mentally bankrupt with these “hot-take” posts.

Post Photo
likefunny

Haha lol how would this be profitable at all?

See you on Netflix in several years when they make the documentary and bring you in as the early whistleblower.

funny

I’m excited for this timeline

like

Why

like

Tech pays double almost triple their salaries for juniors, thats a wrong way to look at it

Medium alert. Can you also tell me pls how many kids I’m going to have?

like

I made a post a couple of days ago where I said MBB would fall under during this recession compared to other consultancies. My reasoning was because demand for strategy consulting will die

funny

PwC1: are we moving toward an Accenturized world?

Like Michael Burry predicting the economic downfall every 2 mins since 3-4 years

funny

How would a consulting firm/partnership even go bankrupt? Do we buy PowerPoint licenses from Microsoft on credit?

Like, what are the debts we would be unable to pay in a crises? Real estate loans? It's not like we have massive inventories of raw materials we have to turn around.

like

Very easy - the firm internally appreciates the share price higher than the firm should really be valued. Senior partners with large holdings leave the firm with large liabilities to them. Plus any bad acquisitions.

Either BCGs / Bains senior partners will suck the firm dry as they exit. Or McKinsey will get caught pedaling fentanyl to children.

Do you already know which one

8 years is a long time

likehelpful

Source: OP

Consulting firms are way too profitable for that to happen and assets tend to be very liquid to boot. The only way is if there’s a massive scandal or illegal happenings

M2 and even then, they can just trim down by laying off like 50% of their staff..

Let's not forget that the only piece of Arthur Andersen that survives today is the consulting arm. Consulting != audit, there just isn't the same level of exposure to lawsuits and the downside of reputational damage is not the same

like

How many of the large consulting firms have gone bankrupt ?

Source: Trust me bro

Related Posts

Would you say through MBA OCR most individuals only receive 1 MBB offer? Or do people get 2-3 offers and then choose the firm of preference?

like

Cross offer win rate between mbb in the us?

like

Is it rare for someone from MBB to move to big four?

like

Just got an offer from PwC for Management Consulting in DDV practice (Their name for M&A Advisory) in Chicago (I am not from there) and wanted to know what a normal salary range looks like (Compared to other Big 4 and MBB) as well as whether or not I can negotiate the salary and signing bonus - all information and advice appreciated!

like

Best consulting firms for strategy in the US besides the big 4 and MBB?

like

Hi! Wanted to get thoughts from those who have exited to a startup from MBB/T2. Have an offer from a series C start up — would take ~$20k base cut but with bonus (annually) would make about 25k more TC plus RSUs. Much better WLB and great people. Is the base cut normal? Thoughts?

like

Is it difficult to move from KPMG strategy to MBB? Have ACA but not MBA. Would want to move at manager level.

like

750 GMAT. Works at MBB. Sub average college GPA. Broad chances of some scholarship $$ from Kellogg or Wharton?

like

As an MBB analyst, how do I differentiate myself on my app among the hundreds of other MBB analysts applying?

like

MBB folks, I’m a Product Manager (non-tech company) and interested in working at MBB.

Which level/role does MBB can offer me ?

like

I'm about to graduate from uni and have sadly just realised that the creative industries I like aren't going to pay enough, so I want to get into consulting. Ideally in areas like marketing/branding/digital rather than MBB

I have no consulting experience and I have accepted an internship offer at an advertising firm for this summer. What steps would you advise me to take to get into consulting? Also, I get to pick between strategy and accounts for the internship - would either be more useful?

like

Anyone in an implementation role at MBB? Care to chat about the role and expectations?

Rising junior interning in deals advisory (consulting). If I intern in trading at a bulge bracket bank for next summer, will I still have a shot at mbb recruiting for full time? Or should I stick to trading and then lateral after 1-2 years? Thanks. I’m an engineering major w a 3.6-3.7 gpa, top 10 engineering school, some leadership

like

What roles have you seen ex-MBB Managers take when exiting to PE? Anything other than Ops roles? What is the typical compensation range?

like

Thinking to apply to MBB and Looking for a casing partner. DM me please.

like

I came across someone on LinkedIn who does | thing | with his job title and he included Ex-Deloitte. I’ve seen ex-MBB and ex-FAANG but never Deloitte. Are people getting a little too generous with the Ex- monicker?

like

Are MBB firms hiring for Dubai office?

like

Anyone work in any of the MBB and do security work? I am shifting over and would like some insight. Thanks!

like

Can we only leverage one referral for an MBB application? I have multiple potential referrers and deciding who to approach.

Also, what information are they expected to include when making a referral?

like

Hi all, how long did it take for you to get to equity partner after MBA? Where you in MBB pre-MBA?

like

More Posts

Any suggestions on how I can learn to be more assertive be it at work or personal life. I feel I am a huge people pleaser and go out of my way to be nice to people and make them feel good about themselves. People usually treat me like an afterthought but these same people come to me with all their problems and expect me to help solve them. I feel like a huge pushover sometimes. Any advice is appreciated.

likesmart

Hi everyone, I am an ios developer with 7 years of experience. I have exposure in both Objective-C and Swift. I am looking out for a job change. Please see if you can refer me. I can join immediately.

Preferred Location: Bangalore

Drop in for referrals at McKinsey

like

Anyone have go to Auction draft strategies?

Looking to finally go get my SPHR having the PHR for the past 6 years. Still value and pursuing and obtaining?

like
like

Benefits of a book club to drive capability building and thought leadership for teams?

like

How much variable does PWC pays on average for technical roles?
Also is it not included on the offer letter

funny

Anyone here who refiled for extension and got approval?

How much time take to release Tech mahindra offer letter

Any one in growth analyst position?

anyone holding crsr calls before their earnings next week?

like

Are there any specific qualifications or accreditation’s that are advantageous in the USA? I am an Aussie 🐠 looking to transfer. I have a Bachelors in HR and 10 years industry experience within HR.

like

How do you separate work from your personal life? I struggle with being the perfect advisor to my clients and then having time to enjoy my life.

like

There are very few people in India with as much clarity in life as Ashneer
Truly inspirational

like

Hi I'm working as a data engineer and having 1.4 YOE with current CTC as 4LPA, what will be good time for me to switch and how much CTC should I expect?

I’ve been a management consultant for 3.5 yrs. I’ve done 18 months of internal sustainability work such as building our sustainability practice, initiatives to get B CORP, SBTI, tracked carbon emissions, company campaigns for sustainability awareness, sustainability strategy. I want to move into a sustainability consulting role. Which area of sustainability consulting should I look at? Are there any courses or certifications I should do?

like

I started a job with a restaurant as part time they hired me at a higher wage but after working for one week the other manager came to me telling me that they can’t afford what the other manager and I agreed on so now i have to work at less or I could look for another work options, she meant I should leave otherwise. What should I do?

Anyone who got their indian passport renewed through VFSglobal, did you have to get your US proof of address and US proof of status notarized?

like

Anyone snag the John Mayer x Hodinkee gshock?

like

Additional Posts in Consulting

Thoughts on winking at someone you're interested in? 😉

like

During the great resignation, many are moving onward and upward.
Boutique -> Big 4 -> MBB -> FAANG

So the people that left FAANG, where are they going?

like

what difference does 109% vs. 100% utilization make at Year End? Latter basically means you took your PTO, former means you worked every minute of the year (Consulting, S&O)

A bowl for "thirsty" consultants on travel a good idea or nah? Kind of like that movie about an elite hook up ring for working professionals who don't have time to date

like

What common traits have you identified in your fellow consultants?

like

I can't stop thinking about work.

like

Currently a C at Deloitte (3.5 years since graduated UG) in my promotion year to SC. Being reached out to for project manager role at slalom. Would this be a good step up? Or stay put?

like

Travel dinners: lobster appetizer,filet mignon, Parmesan roasted broccoli, honey seared carrots, and Pinot noir with some IPA's after for good measure. Dinner when home: hot pocket and campbell's soup

like

Guys - how do you handle back hair? Ladies - is it horrible if a guy has some?

like

I have a BA in business communication is consulting for me?

like

Should have been a flag!🤬

likefunny

If you start going out with someone, and they have anxiety-depression (or some other metal health challenge), when would you expect them to disclose? Date 3? A month or two in?

like

When your dad is a consultant plastic surgeon and you tell him you got promoted from analyst to management consultant >>>>

likefunny

Sunday travel. Tumi bag. QC35. Stainless coffee mug. Running shoes and jeans. Lulu top. What's the meaning of all this?

like

Trying to get to the grocery store this morning was a bad idea #workingremoteproblems

like

May be a stupid question..but how well does the internet work if you buy it on the plane? Flying AA

like

Has anyone here worked at KKR or Blackstone? What has your experience been like? Asking for a friend.

like

If you join any of the Big 4 as an experienced hire, is it possible to get laid off before your first project?

like

I recently started at Big 4 and I am aware that my coach is not that great. What should I do? I really want to climb as high as I can at Big 4 but understand that having a good coach is essential

likefunny

Anybody else thinks that Fishbowl is getting boring now? #shelflife

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
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.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal