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Question for AWS folks or anyone in general.. when you got the preliminary email with the different questions, and they asked about TC, what did y’all say?
I’m going for a Sales & Strategy Operations analyst, and I’m not sure what to put/ask for up front, especially with equity.
I have 2 YOE and a Masters of Science in Analytics.
I appreciate the help!!!
Survey please respond Big 4
Hi Everyone,
I run an analytics website that aims to provide more transparency for college students and young working professionals into potential career paths. I have a survey below specifically targeted for Big 4 professionals. If you have the time can you please fill out this survey? The survey will not ask for any personal information. If you are interested in the results of the survey please email the1stpercentile@gmail.com
Survey Link: https://docs.google.com/forms/d/e/1FAIpQLSc-aKT6KBcIgc9nFMBuS9_WSyabS2tSt2nL7zn0W18kzJZ6TA/viewform
Thanks!
Beyoncé - too much for me.
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Chief
Unhear that bs
Chief
Water… $0.25
Sugar… $0.25
Colored flavoring… $0.99
Cup… $3.00
Drinking your own Kool-Aid… priceless
For real strategy, there’s MBB. For everything else - there’s Mastercard 😂
I can comment on this.
- Pay grades are mainly determined by company wide levels … which really suck because you’re essentially getting paid the same as “industry” counterparts
- Talent is mixed, everything from ex-B4 to ex-MBB can be found there
- Industry focus is as you would expect, >80% issuers, some fintechs
- Business model is basically “how do we use our proprietary transaction data to make banks richer?” Think data analytics, customer loyalty and marketing, etc. On top of that there’s things like digital transformation, cybersecurity, etc.
- Compared to B4 — pay could be slightly better but growth is slower (tenured-based promos)
- Culture is better because that’s a payment industry wise thing
- AFAIK Mastercard’s strategy is to make D&S a core piece of its business due to the high margins and growth
- TLDR: good place for burnt out consultants who don’t wanna exit to industry, but not comparable to traditional consulting houses in terms of career benefits
Ha that person is delusional. I work in Advisors and similar to the LEK response we are very strong with issuers leveraging our transactional data as well as merchants with our test and learn platform.
WLB is significantly better and burnout is not really a thing. We have an interesting model where from our most junior consultants we put people on multiple billable projects so that helps internal manager’s expectations about working all hours on just one client deliverable.
A large proportion of our work is paid for through network kick backs and we have a dedicated sales team so RFP work is non existent. This results in almost no bench worry and we rarely lay people off.
Probably the best part is that after a few years consulting you can jump to the wider part of Mastercard and do product, account management, sales etc.
So no, we are not MBB but nor do we want to be. That and I enjoy collecting money from MBB who buy our data analytics outputs from our transactional data.
Pro
It was/is called mastercard advisors. Absolutely nothing close to MBB
You’ll be thrilled to learn about Porsche consulting. They’re been better than MBB.
Although generally it’s self-satisfying koolaid talk, I’ll say from what I’ve seen and heard there are plenty of smaller consulting firms that do very niche kind of work that is likely on par or better than MBB because that’s all they do and their consultants become very specialized. Really not that unusual (and half of the founders of those firms are ex-MBB themselves). Maybe that’s what’s happening or being referred to here? Like maybe they just deal in payments and consumer financial institutions or something
Yeah….and they could solve the banking crisis tomorrow; be the smartest financial services firm on the planet…..but the Mastercard jokes are still funny 😉
Rising Star
“MBB” is three different firms, which each have different strengths and capabilities.
It’s kind of meaningless to say a consulting group is ‘just as good as MBB’ without specifying what ‘good’ means in this context.
From a broad based capabilities standpoint, they are almost certainly not as good as any of the MBB firms; when it comes to advising banks based on transaction data, they’re probably pretty good.
They’re everywhere you want to be
Chief
And know everything you want to know.
Pro
Here's the link...
https://www.mastercardservices.com/en/solutions/payments/mastercard-advisors-consulting
lol