Need your help, fam! Is it worth leaving consulting as a 2nd year analyst if I got offered an internal strategy role at a bank? New all-in comp is 90k vs current 75k

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Enough will be a couple hundred thousand in liquid assets so I can focus 100% on my side hustle

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My top rationale is that it's a step in the right direction toward maximizing earning potential, bounce around every 2-3 years for more money

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So you only care about money? How much money is enough?

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The consulting life style saves u an average of 10k a year in utilities food free travel etc. keep that in mind too. We also have an amazing pto policy. Just my two cents

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If you’re committed to finance industry go for it

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Depends on what your long term goals are- don’t forfeit a career in consulting (if that’s what you want) for 15k. If the job is interesting/ More aligned with your interests/what you want to do, then go for it!

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Do it internal stat sounds cool, u will probs get a better bonus than here

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@mck1 true, 15k isn't worth giving up a consulting career but do you think the experience would make a candidate more attractive to return back into consulting afterward?

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If you don't mind me asking, how did you go about finding that opportunity?

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What is your side hustle?

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More attractive? More attractive than what? Other “industry” opportunities? It depends on what you consult/what you want to do. Maybe t does, maybe it doesn’t- it’s highly dependent on your interests and ambitions. If consulting is the long game, why leave?

You also have to think about other personal goals. If your firm is like mine, BA is preMBA- you could always leave to this role, do an MBA, and return to consulting. There’s no “better option”. You have to make it Square with what you want to do in the long run.

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Yes

Related Posts

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Hi guys
My current ctc is 11.7 fixed. Having 4+ experience. What is the maximum CTC i can ask for. Please help

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Are there additional responsibilities once promoted to Project Delivery Manager?

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Hi fishes!

How is Techwave (
https://techwave.net) company, specifically for .NET developers? Is it a good company to join now (during recession time)? How is the pay, projects, wlb? Any reviews on the company is greatly appreciated!

Thanks!

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What Project management or scrum master certification will help me get into a strategy and operations role at FAANG?

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Feeling disheartened after sending out 100+ applications with radio silence back. No rejections but no invited to interview either. I feel like my resume looks good, but I have not gone the referral route as of now. 1 YOE

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When people list TC is that just base plus bonus and average equity fully vested? Or does it also include retirement contributions?

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likeupliftingfunny

Currently making 180 TC at a large bank and have an offer from a FAANG for 260 TC. Salary is not much different (165) but bonus/equity structure is decent. fully remote, dope company etc. I’ll be moving laterally in terms of title but I get the impression the scope/impact is larger and leveling is different in tech… no brainer?

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What’s an average S2 salary in FDD for high COL’s like NYC, SF, LAX and Chicago?

Got two offers -
L.E.K. Consulting -120K as Associate
Deloitte - 120K Strategy Consultant

Trying to figure out which is better - thoughts?

Also I I had a 4.0 for my masters but a 2.9 for my Bachelors - I actually applied to L.E.K. with 3.3 with my Bachelors by mistake (didn't think they cared) - Thoughts on how to bring it up to them/is it worth.

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Have some experience on the ATO process and compiling the security documents for an ATO, just wondering what positions would be a next step for me in the security risk realm and which companies are hiring for this skill set? Any referrals would help.. :)

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How much is the variable pay out for L9 employee if max of 27% is 450000, how much can we expect.

likehelpful

Anyone aware of the salaries and bonuses at Putnam investments? Didn’t find a bowl for the finance industry or specific to fixed income sector.

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How to switch from Accenture technology to Accenture strategy?

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How much does a SM for Total Wine & More makes?

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How much should I be making as a full time manager at a full service car wash after running it for 5 years?

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I’m currently a Manager at Accenture and got contacted by a recruiter for a meta EM position. I wasn’t expecting it at all, any tips or resources to recommend to get ready for the interview process?

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Has anyone left, or had an associate leave, a small firm and remain of counsel or in some other capacity to assist with a handful of matters going to trial? How did you structure compensation? Don’t want to leave my boss in the lurch with some big cases going to trial at end of year but also can’t use those as excuses to stay. Would like to offer a reasonable proposal. Even if boss turns it down, I’ll feel better about knowing I offered to help.

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More Posts

Can anyone share recent sign on bonus trends among big 4 firms for experienced senior audit hires?

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Is there anyone out there working a job related to Accounting that you’re actually passionate about? Something that you enjoy and feel like you’re making a difference?

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Is it possible to go from hating your job/dragging through the day to liking it by working on changing your mindset? Any advice?

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Any 🐠 move over to a PE role from consulting but at a more senior level? Like VP? Saw a few examples of folks at newer funds but the story is always short like “that guy was a rockstar.”. Curious to hear of anybody doing this and how they moved.

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How much do VPs at Summit or TA make?

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Looking for Dot Net + Azure or Logic Apps skilled professionals between 3 to 9 YoE.

Hiring for Deloitte. Prefer someone based out of Bangalore.

DM me for more details.

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Mitch McConnell and Trump refuse to formally take up passed legislation from the House. We are reaching a point where the damage might be irreversible.

likefunny

Should we be focusing more on AI?

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Itna bada bada emails send karte hey we did things in 2022 blah blah
Employee ke liye kya kiya kuch nahi🍌

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Does anyone from EY have insight on layoffs? I'm seeing horror stories from other firms but haven't heard anything about EY layoffs. (Manager, FSO-Advisory-Risk)

When you hear that staff 1s we're just laid off... 😳

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Constantly worried I’m going to get fired because I don’t know where I stand at my mid sized law firm (second year associate).

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So are the layoffs at Deloitte over ?

What is the severance pay in pwc India?
Does everyone who gets fired be eligible for it?

Has Deloitte started the lay offs? Link-https://www.reddit.com/r/deloitte/comments/ww02l3/fired/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

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For those looking to get into tax technology at Deloitte, let me know. I’ll take a look at your resume and see if it’s a good fit!

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Hi Fishes,
I am currently working with TCS with 9.88lpa CTC.
I have got offer recently with Dell Techonolgies Chennai as a Senior Engineer with 17.88lpa CTC. Is it good to move to this company?. Anyone aware about the WLB in this company?

Tech Stack - SCCM/MECM, INTUNE

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What is the notice period at scientific Games?

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What % of the Fixed CTC is paid as Variable in Crisil ??

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What is a reasonable pay increase? This will be my first pay increase. I make 70k now and will be starting my second year at big law. I had 3 years of prior experience before joining the firm.

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Additional Posts in Consulting

Are there any Deals/M&A Data Analytics roles around that don’t require a formal data science degree? I applied for PwC’s Deal Analytics role but was rejected.
Looking to apply elsewhere and will gladly give someone a referral bonus if they have this group at their company!

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Is January the longest month ever or what…?

likefunny

Damn you stress canker sore. Damn. You. Pain. The pain.

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This scene from Indian Matchmaking has its own fanbase

Post Photo
likefunny

What is everyone’s top 1 or 2 favorite books on personal finance? I’m always looking for a new one to bring into the fold of what I’m doing

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Best consulting firms to work for that will allow 100% remote work indefinitely regardless of what clients do?

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Coming up on 1 year of CDD experience at a T2 and thinking about exit ops to early stage VC / start-ups. How valuable is CDD experience in exiting this early?

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What are the best books on sales as it relates to consulting?

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Anyone take SHRM? How many hours did you study?

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What’s the worst US city and why is it NYC?

likefunny

Books to learn more about how to drive sales in consulting? Any recommendations?

likehelpful

I think I’m going to be fired tomorrow morning and I am not even sad about it.

likehelpful

Anyone from BCG able to provide insights on the firm’s presence in the DC area for public sector consulting? Is this practice currently hiring?

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If my passport is expiring and I have applied for a new passport. Can I still book the international travel using my about to expire passport number? And not wait until the new passport in hand.. any experience with such a situation will be very helpful.
Want to book for parents and don’t want to delay in the wait of the passport!

likehelpful

this baby next to me kept smiling at me every time she woke me up from my sleep in the plane. I just couldn't get mad at her innocent smiley face. 😀 #littlethingsinlife

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All these layoffs reminding me that loyalty is dead

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Somebody say layoffs?

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likefunnyhelpful

Definitely not a fan of Westin's "Eat Well" proposition. I'm working in the room at 2:00 AM and the most appetizing menu item is a cold turkey avocado and arugula wrap. I just want a burger and fries!

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Bain & Company Which are the best consulting firms and practices for Climate Change & Sustainability, especially in the Canadian geography? Also, please suggest the best Canadian city for consulting jobs.

McKinsey & Company | Boston Consulting Group | Bain & Company | Kearney | LEK | EY | Oliver Wyman | PwC | Deloitte

#ClimateChange #Sustainability #Water #ESG

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Does EY reimburse for internal travel? Eg team meetings ? About to join EY and may have to travel in the first month. Also, is driving an approved mode of transport and get mileage reimbursement ?

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