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?

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

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.

likehelpful

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.

like

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

Related Posts

Life / Career Advice: I applied to medical school since my MCAT score was set to expire, ended up getting into 1 program. I also have an opp to join a well funded/well established Healthtech Startup (6 figure salary w/ equity + benefits) as a BD professional. I enjoy the business side of things and am unsure if I would end up practicing Medicine (medicine is also a long arduous path). At the same time, having an MD holds a lot of clout/authority in HC. Any thoughts on what I should do?

like

Hi guys, I got a feeling that big 4 or T2 companies kinda quiet in jakarta as opposed to MBB where they conduct lots of recruiting events (management consulting). Any reason for that particularly or maybe big 4 prefer internal hiring only?

Hi everyone,
Past the first meet and greet-interview, now scheduled for the next one- any idea what to expect considering I am transitioning from a clinical focus role to a non clinical focus role as an Business Analyst.Any feedback will be highly appreciated.
With thanks!

like

Anyone work for Nevro Medical Device Company before? Can you tell me what the culture is like and if they have career growth opportunities for Senior Analysts?

like

Hi folks,

Any suggestions for cloud security courses to enhance learning and resume.

If you are a experienced CAD drafter with experience in environmental remediation, we’re hiring. I’d be happy to discuss the opportunity

Hello all. Thinking of switching from IT to VLSI after 4 yoe. Any suggestions?

Is it possible to jump from implementation manager to product manager, and if so, what should I do to prep for the jump? Is it easier between companies or within? And (maybe I’m pushing my luck.. lol) but what’s the difference in salary progression between the 2 paths?

like

I’ve been in non-profit finance for over 6 years, now looking to go into compliance. I’ll appreciate any advice I can get.

like

I think I did a mistake , I tried applying for companies and dont get any calls, got two calls but both of them rejected even before taking an interview that they want immediate joiners , market was ok so I resigned and the hiring got freezed its been 45 days since , but I still dont have an offer dint just got two interviews till now I am trying to get referals , applying in naukri, LinkedIn getting referrals from fish bowl everyday and I am scared now hope I get atleast one offer😔😔

like

What do you wish you had known before becoming a manager?

like

I want to get out of warehouse work. What's a good-paying job where I don't need a lot of schooling?

like

Hello Fishes.. Does novartis asks you to do a IBM course before joining? They have asked one of my friend to complete IBM course certification before joining the org.

like

Is there anything you would change about the career path you took in the industry?

like

Welcome to this bowl. As an auditor who aspires to exit in investment banking, I figured I am not alone. Go crazy, ask your questions and hopefully people who made the switch will answer!

like

Hi, Can someone pls share my referral in wipro, capgemini, hcl or other mnc company for pune or mumbai location . Skill set: Microsoft exchange, O365, Azure AD. Yoe: 3.8yrs. current company infosys and Serving notice period with last date 14march2022.
Holding highest offer of 12 lakhs from cognizant for pune location.
WiproCapgeminiHCL Technologies Accenture

TIA

like

Hi Everyone I have joined FIS one month back only, I am just Okay with my current project. I see here everybody is leaving FIS and telling it's not good. I have changed Infosys within 7 months.Now, I don't want to switch this early. Can somebody tell me about the good points, pros in FIS. I really want to change my mindset so that I feel happy here and can give back something to organization.FIS Global

like

How long does it take to get promoted to Vice President from Associate position in Investment Bank?

like

Anyone from Dell? Need a referral for me at Dell for Salesforce DomainDell TechnologiesDellDell EMC

like

Hi Fishes,
Have potential opportunity at HSBC EDPI.
Just wanted to know how much can I ask for GCB5 AVP Business Analyst role?
YOE - 6 Years
CCTC - 20 LPA
Also how long does it take to move from AVP to VP and how are the yearly hikes?

like

More Posts

Hey guys,
We are planning to move to Virginia Beach. Any teachers that can please share their experiences?
Want to give another shot to teaching in a state different than texas

like

Got sent this recently… a fair few green arrows. hopefully this helps any big4 fishes like me. Data comes from seek this month.

Post Photo
like

Going to an office to meet the team and see the office after being offered a position. After much thought I think it is best to stay at my current position for now. How do I go about declining an offer/ask for a day to think about it?

like

I have an undergrad degree in economics and want to pursue biotech/pharma corporate development. Are there any classes / degrees /certifications you would recommend to help make up for the lack of a technical science background?

like

What's the best consulting firms for H1B folks who have studied masters in STEM here? Got a cousin graduating this fall and he needs to know H1B/GC policies.

like

Is it wrong/bad to accept a job offer for a position which you have gone through the interview process for that requires 2 more years of experience than you currently have? It is for SC at B4. I just recently became C.

like

Anyone at EY PARTHENON in Dubai or Saudi willing to have a quick chat? Would be great to get some info / connect with people there.

Thanks in advance

(Can’t tag them for some reason)
EY
@eyparthenon

like

Taking Reg this Friday so wish me luck

like

How are hours in CMAAS?

like

What does this mean DTCC ? I have applied previously and it was the same later it was no longer under consideration.

Post Photo
like

Is there any advice for networking into projects when you don’t know many people at the firm yet? I always to help on BD work when I’m on the bench, but it never turns into any billable work. Every time I have talked to a partner/senior manager I was told I don’t have the skill set they’re looking for, but I don’t know how to build up from there. Feeing very lost but I want to improve my approach.

likehelpful

How does delta upgrades and waitlist work? Do all medallions check in 24 hours prior to boarding? What determines who gets what?

like

I was told I was selected for VOIS and salary discussion is also done... But haven't even got the letter of intent yet the HR informed that the role need to be approved

How much time will it take to get an offer letter from VOIS

like

Any tips for stress/anxiety before an exam? Taking the GRE next saturday

like

And so it begins….

👎👎 to all anti vaxxers and anti maskers.

Post Photo
likefunny

All the jobs in my city are business analyst or FP&A..... The wait continues

like

Will firm say anything if I travel and but am still working? Probably intentionally. Probably a week or two. Figure the VPN will tell them

like

which is the higher priority, technical or business acumen - if my goal is to develop into a high-ranking Big 4 or MBB leader?

like

Do you think women in the industry are paid lesser as compared to men.
Out of personal experience ,I can see that during compensation discussion HR person tries to convince a women candidate for a lesser package . Now this could also be the case where it is much easier to convince women to take up the job for lesser salary.
Whereas the male team member gets paid high (same YOE , same number of switch , similar prev CTC) though women are equally or more talented sometimes.
(comment section cont

like
like

Additional Posts in All Things MBB

Do any of the MBB’s do DD for VC clients?

like

What’s the standard RTO (return to office) plan for MBB as of now?

like

Bain & Company Are consultants for the CPG practice area/having CPG clients travelling yet? McKinsey & Company Boston Consulting Group Bain & Company

like

What are M7 MBB recruiting timelines ? Considering applying right now to MBB, but if I get rejected I’m going to do an MBA, will I be blacklisted from applying for summer internships if I get rejected this fall ?

Anyone who has been through both rounds at MBB - does case difficulty get any harder between round 1 and 2? Or is it just the level of interviewer?

like

Does McKinsey insurance (USA) cover laser eye surgery?

like

Got offered a role at a Middle East office at BCG - haven't accepted yet.
Anyway that I can transfer to a north American office (my current location) before I join? SO can't move to Dubai and while applying they didn't interview me for my current location just for the Dubai one.

I understand this may be a big ask, and I'm happy to interview again if need be.

like

What is the perception of a McKinsey solution role that is a CSP? Can I exit to tech? Would the role be better than the T2 role I have now?

like

Bain & Company Hello 🐠 Trying to understand the diversity and inclusion agenda of various firms/ offices. What are some trainings/ programs that your firm have? Would be great to hear about the ones that made an impact to you :) Bain & Company Boston Consulting Group McKinsey & Company

like

I've a question on what sections to put on a regular resume. I see some people are using consulting style resume for outside companies as well. Do you think it's a good idea to devide work experience by projets? Or is it better to have "projects highlights" separate from work experience.. something like: intro>functional expertise> project highlights>work experience>education?

like

I’m curious. What would you say is the best industry / sector for…1. WLB, 2. Great people / team, 3. Exit opp’s., and 4. Overall (mix of the above). Goes without saying the obvious “it depends on office, team, project, client, etc.” So this is an ask for general observations.

like

I applied to MBB in December while working at a boutique but did not get an offer. I lateraled to Tier 2 firm, but looking to interview again. How long should I wait until applying again? Is there a freeze time?

like

Bain & Company Does Bain & Company issue a corporate card? Is it Amex?

like

If you break into MBB through an implementation arm can you transfer practices (e.g. procurement implementation to Marketing & Sales)

like

Worked a few years at a small company and wondering what it actually takes to make the big jump to MBB. Anyone willing to connect and share insights?

like

McKinsey & Company Hi all! Any fishes at BCG and/or McK have time to chat sometime within the next few days/weeks?

I’m a consulting analyst at Accenture, really interested in strategy work (mainly tech/software clients but open to all backgrounds) hoping to make the jump some time next year. I’d very much appreciate connecting to understand your journey with the firms and the work you do.

Thanks in advance, and happy holidays!
Boston Consulting Group McKinsey & Company

like

McKinsey & Company I am joining the McKinsey & Company Boston office in late July and searching for housing in the meantime. If I could get some insight on the ratio of days in the office vs work from home that would be super helpful!

If I need to come into the office regularly I will try to find a place close by.

like
like

Was told I’d only have one round (4 interviews), each split 50/50 on case/behavioral. This is for an Associate position and will be interviewing with AP/P/SP level. Is this typical? Since I see most people have multiple rounds.

like

Anyone want to run Bain-style cases with me?

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

Scan your QR code to download
Fishbowl app on your mobile

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