How are mbb exits these days? Curious what you guys are seeing compared to a year ago.

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I would say it’s not as good given MBB has lowered their bar of talent when hiring.

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Sorry A2- I definitely think being part of a company you can judge recruiting standards.

A1 I’m curious about their perspective on MBB

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For a 2nd year EM/PL, seeing very few exits that match comp. Specially after significant bonuses from MBB this year. Mostly IC roles.

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You will likely still get a higher level as an IC with higher compensation vs. leaving earlier. People management isn’t everything. For example, you may get a “Director of Strategy” role where you’re only directing yourself, but the scope is larger. There’s even partners that move to industry as ICs. People managed != scope/pay.

The type of management (short-term, external) that we do in consulting is somewhat different than managing in industry (long-term, internal) so the experience doesn’t translate over 1:1.

Also if you’re moving into a consulting-esque role and setup it’s an easier transition to people management, whereas if it’s more functional/operational in nature it’s harder since you may not have had that experience in the past.

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Not as good as a year ago. Way less recruiting reach outs, especially from tech and PE.

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