{ "media_type": "text", "post_content": "I’m starting at MBB shortly as an associate, laterally from Big 4. Husband & I are trying to decide if we want to buy a house and settle in the city we’re moving to - I am potentially interested in making partner (if possible) but also open if a good exit opportunity comes my way. Exit opps would certainly be in a different location. Anyone have thoughts on ideal length to stay at MBB?", "post_id": "5f7c76d12cb7a0002287d878", "reply_count": 4, "vote_count": 1, "bowl_id": "5d7901c370a602001eff88c8", "bowl_name": "All Things MBB" }

I’m starting at MBB shortly as an associate, laterally from Big 4. Husband & I are trying to decide if we want to buy a house and settle in the city we’re moving to - I am potentially interested in making partner (if possible) but also open if a good exit opportunity comes my way. Exit opps would certainly be in a different location. Anyone have thoughts on ideal length to stay at MBB?

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There are pros/cons to leaving at each level, and there’s never really a bad time. At the AP/BCG “Partner” level it gets hard to leave for similar comp though. I’d view your time at MBB in roughly 2 year chunks. It can be a lot different than you think once the rubber meets the road. Just because you think you want to make partner now doesn’t mean that 1) you’ll still want that in 2 years, and 2) the firm will want to keep you on that path. If 2 years in you’re still liking it then you have a perspective of what you want your next 2-4 years to look like, and whether that means staying or leaving. All said, if buying a house will make you feel settled in your new city and your break even timeline is in the 2-4 year time horizon then go for it. Worst case you sell a little early and are roughly where you would’ve been financially had you rented, but felt like you had a real home during that time. FWIW I was in similar position and bought a condo just before starting at Bain for the reason above. 3.5 years later and I don’t regret the decision at all.

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Buy a smaller home in a growing area, then rent in 2 years. You have less risk invested in case an exit opp takes you to another city, and if you stay you can turn a profit renting this home. Id love to hear about your interview process. I’m in the middle of it for an MBB firm.

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Median MBB lifespan is 3 years, would not plan around that job.

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