If given the option to move from Deloitte to McKinsey & Company would you? Anything to consider? Current second year analyst and don’t plan on staying in consulting long term for reference

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I would consider if I had to move, cost of living, work life balance, travel schedule, and career trajectory. Right now Deloitte isn’t paying jaw-dropping salaries but my balance is great and I like where my career is going. If McKinsey was asking me to move across the country to a HCOL area I wouldn’t do it - I like where I’m at now.

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Good to know! Thanks for the insight, definitely looking to stay remote

Think carefully about this. I moved from a big 4 firm to Mckinsey. Yes, Mckinsey pays more but you will completely lose any life balance that you have, and a big cause of it is the culture and leadership expectations (not always necessarily the work itself). In addition, culture wise I found the big 4 to care more about you as a person and you have people that are more willing to invest time in supporting you. In Mckisney, leadership only cares about your outputs and efficiency. Everything is extremely fact paced that people turn into machines and become desensitised. As you can tell I am not sure I made the right move and there's a part of me that regrets it. List your priorities in life and make your decision accordingly.

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Why is this even a question?

likehelpfulfunnysmart

Depends on how Deloitted they are to have me.

likefunnyuplifting

Probably not tbh, I’m coasting pretty hard right now and I would probably need to start doing real work if I moved

likefunny

Mood 👏🏻

With no additional context, this sounds like a really dumb question. Why are you asking this?

likesmart

I assumed it’s a no brainer to make the switch but was curious to see what people had to say. Obviously you are giving up the slight bit of WLB at Deloitte for zero at McKinsey. But in my mind it will be worth it for the exits in 3-4 years.

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Depends how much you like opioids

likefunny

The major downside is loss of tenure. If you have a couple years experience, want to exit consulting soon, and you're already in an alignment relevant to what you want to exit to + doing the type of work that is relevant for your exits, maybe not If you are in your first year or are planning on staying in consulting for a long time, yes

likefunny

Deloitte is good enough to get interviews at the places you mentioned (received most big tech / F100 corp strategy interviews and exited recently)..... McK definitely worth it if you’re looking to stay in consulting or exit to high finance

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I will say that depending on what kind of work you do at Deloitte (E.g. Strategy, CDD) and who you work with, the WLB wouldn’t necessarily be worse at McK. You would just actually be appropriately compensated for the lack of WLB

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As an analyst, yes, immediately

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You’re going to work 20 hrs more on avg. than at Deloitte. 80-90hrs per week. It’s a damn grind but we do pay more.

likesmart

Consider that promotion cycles at McK for top performers are much faster. It’s possible to go from BA to M in McK in 3 years (which brings much higher salary than you would ever get at D)

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You can go BA to EM in 2 years or less at McKinsey. All depends on if partners will staff you as an EM

If you can get an offer at McK you can probably get one in industry as an analyst if your goal is to leave consulting. If you’re going to stay in consulting for a bit before leaving though definitely jump firms.

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Yes - mck opens lots of doors you won’t have now

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You got me🤨

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People saying to expect 80-90 hours a week at McK are doing something wrong. 2nd year BA here who has never pulled more than 70 hours in a week, probably averaging 55-60

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Yes but you didn’t get your start at Deloitte

likefunny

Do you have an offer or is this some fantasy hypothetical?

likehelpful

Grammar nazis

Get the offer first and then worry. But long story short yes.

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The main driver of going there is the networking. They do a steller job of taking care of people

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Agreed. They really get people hooked. Almost addicting.

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Deloitte S&O, Federal, or HC?

Seemed easier to just say S&O then explain all that

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Youd also be working on scopes/with senior clients/potential impact with far greater scale than B4 if you join.

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I’ve been proposed an exit as Product Owner at a real company, not a consulting one. Staff seems nice, good culture, good salary (less than consulting but well), BUT I would have to move countries for that job and start a new life. I’ve also been proposed a Manager position at a consulting company in my home city, with potential of bigger salary thanks to bonuses. Culture seems good... But I’m sure it’s gonna be a hell lot of work. Which one would you take? Should I exit and never look back?

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