Is CDD work worth it? I’m currently in a non-CDD Strategy role at a T2 considering a lateral move to a CDD shop. Pay bump of 50-60%, but current hours are 35-55, while I hear CDD skews 60-80.

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

What type of projects are you working on now? CDD is becoming more and more commoditized.

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Not my own core speciality

I’m in PwC’s Deals Strategy team and I’m happy to chat 1-1 if you like. The 60-80 hours for associate/senior associate/ manager is right.

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What are the comps look like for associate/senior

I would think in term of what kind of experience you’re looking to build, instead of pay and hours. That said, not everyone is cut out for the lifestyle, and if you’re going to be miserable, that’s a real consideration.

I did 4 years in CDD land and it was amazing experience. I exited to an M&A role and am in the top 10% of my peer group for post-MBA comp at this point. If you gain experience in things you love to do the hours aren’t that important, in my opinion.

Until you have kids :)

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Comp?

I wouldn’t take it

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WLB and stress. You’ll be grinding

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It’s a grind. If you usually have plans on weekdays, don’t expect to continue doing so. A typical week will be 55-65 hours, sometimes 70+ depending on the shop; you should only do it if you want to go into an investing role after

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Play the long game - what is you exit plan (if any)?
- stay in consulting? CDD shop means your clients will be majority of PE funds and a bit of M&A teams if you’re lucky
- exit to industry? CDD teaches you fast paced engagements focusing on strategy topics so it’s a nice skill set but actually quite narrow and not that easily transferable contrary to popular belief. Go to market, RGM, ops etc are more « real » skills that will help you exit

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Don’t take it. You’ll just be pushed further into CDD which doesn’t cap out with a ton of money. Go see if you can get staffed on a commercial strategy or customer acquisition project. You’ll be better off in the long run unless you’re planing to go investment team next.

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