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Hi All, My sister has done Computer Science engineering Bachelor degree and has 5 years of work experience in India. She is applying for MBA at https://www.kenan-flagler.unc.edu/programs/mba/full-time-mba/ and https://kelley.iu.edu/programs/full-time-mba/academics/majors-minors/marketing.html. Her overall goal is to get into Software Product management. Any suggestions if any of these MBA’s can open path in the desired space or if she is better of doing an MS in Comp engg. to further develop deeper Technology skills. Thanks
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I have recently joined EY SaT group as senior consultant recently in Netherlands. I’m tripple masters in MS economics, MBA and MS business analytics. Have 4 YOE in different industries but no M&A experience specifically. Any ideas what company should be offering me? I’ll be working as expert on commercial due diligence, FDD and valuation teams and doing automation alongside. is it wise to demand higher salary or promotion soon after I have proven that I can work and do it better than most?EY
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Some people even make snide comments on sponsored T2ers and “the difference between MBB and T2 is like *our school* compared to a place like Duke. You can just tell the average talent is higher”
While the cell phone thing is funny, I've seen pretty terrible market sizing from all the big firms.
Often a client asks for a sizing but doesn't want to pay for it and you end up with one junior analyst level consultant making "reasonable" assumptions instead of actually understanding the potential of the disruption. These kinds of sizing exercises have negative value. Do it right, or just make a gut call. The sizing leads to false confidence and poor decisions.
Strategy consultants aren't great at understanding innovation and disruption potential. It's not in their DNA and business schools don't teach it well.
Congrats on the T2 offer, OP! Breaking into consulting at all was tough this year so you should be proud. You can do the summer internship and evaluate if you want to re recruit for FT
I was in a very similar place that you are (except I went to a T10) & the one thing that MBAs don’t realize while they’re in school is that in a year the majority of you will hate your jobs regardless of if you’re at an MBB or if you’re at a boutique. There’s this weird glamorization of labor that the majority of people who go into IB & consulting will regret.
Agreed, all of us who were in consulting pre-MBA and are looking to use MBA to gtfo of the industry pity the people who haven’t realized how much of a shitshow consulting is.
As a SY MBA at a non M7 school that got
MBB, the absolute truth is that it's all a crapshoot. There is not a single person at any MBA program that knows why they got the offer vs someone else.
It comes down to a good case vs not and is no indicator of quality...
Why did I get one MBB interview and not all 3? WHO KNOWS. Obviously I pulled the offer and converted to full time.
It's all made up. Don't sweat it.
Which*
My friend worked for Deloitte and after mba works at Bain. He is miserable and said should have stayed at Deloitte.
All that to say, the brand isn’t everything. Don’t get caught up by the social etc pressures
I’m not sure if consulting is different from law, but I worked at a mid-sized law firm for a few years and lateraled to a bigger firm. I then made partner my first try on schedule with the same year as others.
I would suggest getting through the first two or three years, and looking to lateral to your preferred firm. Your career will evolve over time. Work on getting experience now and worry about being at the right place later.
Hey OP, went through the same. It turned out to be just fine. Yes it sucks that i get paid a little less for the same job, but tbh nothing in my life is any different.
Just focus on your personal success story in life for the long term!
I mean, doesn’t half+ of the people in your class gunning for consulting end up at a T2? That’s a lot of company - nothing to be ashamed of.