Product based company vs mbb data scientist, what would you chose and why?

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ML is more domain related than tech.
I would join Industry as Business User would have more insights on what features are important for ML model.

Consulting companies would have no idea about and would rely on clients for insights which can be issue. Also your domain can change between different clients

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Pay is the same?

Yeah

Then I would go for product based company considering WLB issues in MBB.

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