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Yeah no question BCG. Don’t forget about the comp curve and promotion timeline. In five years from now at BCG could pull $100s thousands. Plus you can always go from BCG to KPMG. Tougher other way.
Wow! Sony is still alive?
Depends on goals. If you are career obsessed, go to Boston without a thought.
If career is just one aspect of your life then consider whether you prefer being financially comfortable in Boston or able to afford more luxuries in Houston with your extra free time and less stress.
I had a similar decision to make and I chose a Tier 2 in London over MBB in TX. London is expensive and salaries are small by comparison but I really don’t like the heat and I prefer the culture and etiquette of London.
Most people on FB mindlessly echo the MBB mantra, but my life isn’t just about climbing the ladder so other factors weigh more heavily. If all you want is to climb the ladder then BCG is a no brainer. Otherwise choose the lifestyle, environment, and coworkers you prefer.
Health care, biz class travel over 90 min, actuals not per diem with very high limit, phone plan, bonus, retirement plan are all better than kpmg
Yeah $150 per diem where abouts? Most I’ve had is 82/day and most of the time our projects charge actuals as well the second there’s a budget constraint. It makes sense to go big 3 for at least a stint of your career if the offer is there but KPMG does have a great work/life and you’re actually encouraged to take PTO
The brand you develop one year at MBB far exceeds anything KPMG will be able to provide. Even if it is one year, feel it out, transfer to Houston after (which is super easy to do) and/or if you hate it, big 4 will still be there.
I get if you chose Bcg but can’t help and think $120k in Boston wont get you nearly as far ...
C1s are making 160k base, I guess.
As someone at K who knows people at B, can’t help but think you’re WLB would be better at K...
K
Not only is it BCG, but it’s BCG IN Boston. That’s a rare opportunity. Imagine answering “where do you work” at the local bars
But when you travel, hmmm how do I say things? The girls are more amiable to BCG than I’m at KPMG, I get the oh, you’re an auditor? Then I have to work my way up lol!!
How is this a question? Career and salary trajectory for BCG is exponentially higher than Big 4.
BCG hands down! Get your passport stamped there, do 2-3 years, then move into KKR, other PE, hedge fund, or anywhere else you like. Or stay on till you make partner, or leave. (MBBs are known as the best companies to leave: The partners collaborate to place their alums in high positions in industry.)
Either way, you’ll be riding the higher of the two career arcs. Even on an absolute basis, I’d recommend avoiding KPMG. Consider some objective factors that are less widely known:
(1) Governance model is inbred (or was), which puts the kabosh on agility (BoD consisted exclusively of KPMG partners, guaranteeing management focus was exclusively internal, not on the market or competition). All of them are politicking their peers to get elected next Chair or Deputy Chair.
(2) My colleagues and I know MDs from acquisitions and regular experienced hires who leave out of frustration. Their perception is that little change was possible. They frequently know others who voluntarily exited for same reason.
(3) Finally, KPMG didn’t make the Top 100 best employers according to LinkedIn’s recent study which incorporates objective demand data that LI has unique visibility into. That indicates that the word must be out.
So what do you do when you can’t attract top talent? Pay like an MBB, even though average revenue per consultant is not at parity with same. (Going only by OP’s competing offers here, not market data.) Problem solved! (Or “solved.”)
Subjectively, my hunch is that if you could access a comparison data on general mental ability, KPMG would not fare well among competitors. That’s based on my own subjective assessment of vocabulary level and complexity of language. For a different source, consult Luminosity. They used to rank the smartest colleges (WashU in St. Louis won in prior years, apparently, just eclipsing MIT. Surprise!) Maybe they rank companies, too? Would be an interesting to pit BCG against your other offer.
I wish KPMG better outcomes, but it would take a radical restructuring and cultural overhaul to get there, IMO. No mean feat for any firm.
What a load of speculative BS
Good luck actually using all 25 of those PTO days. Can’t remember the last time I used all of mine
Good to know it gets better as you move up. I’m an SA and don’t feel I have that much control over my schedule yet.
Where in river oaks are you finding $120k mansions? Houston is cheap but not that cheap!
In any case, after about a year you could apply for a transfer if you want to be in Houston long term. Nothing’s guaranteed of course, but Houston isn’t known for being one of the super hard offices to transfer into.
I have no experience with KPMG but from FB it does seem like the hours are generally much lower. It’s high earn, learn and burn here.
I was comparing for same price range i was seeing in boston (3500-4200 rent) for a one bedroom is similar to renting a nice 3/3 or 3/2.5 (3600 sq ft) house in river oaks area - not necessarily a mansion but doesnt even compare to the 600sq ft place in boston
Congrats on the offer! I may be biased, but you should join us.
Out of curiosity, what was your pre-BCG experience?
ACN for about 4 years
BCG.
Your 120k as a senior associate will quickly become 160k when you promote to C. You won’t see that at Kpmg til late manager years.
165
I was leaning that way as well so thanks everyone for confirming I’m not dumb/crazy :)
Negotiate. You have two offers with the same salary. BCG should easily be willing to beat that.
@14 surprised to hear this. I had zero success. No flexibility whatsoever. Granted you may be more senior than me.
Go to BCG, even if just for two years. Having MBB on your resume is worth the (insanely minor) draw backs
BCG will give you outplacement services and good exit ops. KPMG will welcome you with open arms once you have the BCG brand. BUT, your WLB be tough. I'd do it again.
Haha, our PTO just got reduced or rather, we’re now forced to take required leave the week of July 4th
Other thing is 120k in houston gets me a mansion in river oaks, 120k in boston a nice one bedroom in a good location(not that i need a mansion but i was hoping for a nice 2-3 bedroom)
SM2, strategy
Yeah go to BCG, get that on your resume, enjoy Boston (fantastic city) and see if you can transfer and/or just go somewhere else and make 140k 🤷🏾♂️ Win win