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Rising Star
Not a meme, but I too need a suit like that.
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EY Parthenon > KPMG strat from what I've heard. But 30% is a sizable bump. Make out like a bandit and bounce!
Make like Tom and Cruise!
Brand is such a farce, it’s a made up benefit for working in consulting so they don’t have to pay you more.
There’s learning opportunities everywhere, and if you interview well you can get in, anywhere.
Worst case you can boomerang, don’t drink the koolaid. You are just an ant in this economy, thinking you are better than someone because of where you work is something you will kick yourself for later.
Go get your money, learn new skills, and take care of you!
Personally I’d be worried, the brand drop is appreciable - you’d be going from firm T2 to the worst of the big four. Hard to tell what clients would actually think in terms of edits, but I’d hazard to say the network for ex-T2 is significantly stronger than KPMG, and so you might see some real dilution there.
Subject Expert
“Worried” “hazard” “worst of the big 4”. Lmao okay analyst
I would take the bump. Most jobs in industry don't really recognize the differences as much as people in consulting. I've seen people from kpmg have exits to the same places as other firms (faang, PE, Corp start, etc.). I think it's moreso dependent on the skils you develop and how you frame it on your resume.
Coach
KPMG strategy is almost all CDD/ODD from what I’ve seen. This is a function of FDD pull through. Corp strat is weak as expected. Integration/separation is under the strategy umbrella but this is fairly new (last year or so).
KPMG has invested heavily in bringing on strategy partners from firms like McKinsey, BCG and Parthenon.
I’d suggest the Chicago office if switching as leadership sits there. They seem to have more interesting projects there as well.
In terms of exits I’ve recently had friends end up at some interesting firms (PE Ops) so it isn’t like KPMG is a death sentence. The Big4 is all the same from a recruiting perspective in my view.
Coach
Retail is weak in my view. It’s been gutted over the last several years with a number of partner departures.
CPG is a little stronger but big wins that I saw are mostly in the integration/separation space where KPMG is stronger.
I’m also deciding between comparable offers from EYP and Accenture’s Technology Strategy team.. I’m more interested in tech than corporate finance, but curious to hear people’s thoughts!
ACN TS is all IT op model and cost optimization work (e.g. ZBIT - look it up on the website). Depends your career goals but unless you want to work within the suite of the CIO, it makes any transition more challenging
EYP brand has diminished substantially, unless you’re S& there’s no difference with kpmg
Recently left KPMG strategy for industry. If you want pure strategy, KPMG is not the best fit. If you’re interested in M&A diligence or integration/separation, I imagine you will be very happy with KPMG. Nothing but good things to say from my experience
Err, is KPMG strategy < S& / Parthenon? Genuinely curious
True that SM1 ☝️
Thanks all - helpful. I’m most concerned about exit ops in c2 years when I try and switch to industry?
I was similarly worried about this before joining out of b school but took KPMG over others due to type of projects.
I’ve been genuinely impressed with the exits I’ve seen here, and don’t think the brand name matters nearly as much as mbb vs non-mbb.
I would say take it with 30% hike you can always get back