I realized you can make more money in banking than in consulting but with less effort.

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Posting as :
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30% raise by coming to EY? What were you before? A bank teller? :|

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Always knew it. But jobs in banking are just like long term transformations: boring af.

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I spent 3 years in banking and it required almost zero thought. Insanely boring, but yes I did make more. Huge chunks of the day were just sitting around and the culture and hours were much worse.

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@EY1 That’s a shocking increase - I took over a 50% pay cut leaving banking to come to consulting. Bankers do a lot of work, it’s just very unpredictable. Your days are longer with a lot more down time throughout. I didn’t like getting new work for the next morning every night at 11pm or working every single day including holidays for 6 months straight or building the same model over and over. The math involved is really simple, and the analysis never goes that deep. On the upside, I did watch a lot of Netflix at work.

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I got a 30% pay increase to jump from banking into consulting

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I meant deals, investment banking.

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I’m starting to feel the same

Can testify to that

Cannot testify to that at all BCF1

*bcg

How much more typically (%) and how much less effort?

It depends on what you want in life. Waiting around for work seemed like a giant waste of time, and even then it was mindless tasks that needed to be delivered to DMs house at 2am for some ungodly reason.

Interested in finding out how lityle work they do; also, what are some exit opps? Keep in mind though that with automation a lot of banking jobs may go off the wayside.

No I was doing cyber security at a Midwest bank.

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