Consulting

PwC Strategy& (deals consulting) vs McKinsey (risk consulting), which one would you choose? Both are entry level

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works at

I’d be a janitor at McKinsey

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Yeah..:this isn’t really a tough question. McK all the way. Twice on Sunday...and today’s Sunday. So, McKinsey.

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Really? Risk is, uhm, not the most exciting field.

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McK Risk entry level =/= 100% risk cases. I'd take McK because you can then network your way through to "regular" cases or whatever your interested in. PwC Deals Strategy is just CDD. Heavy grind, limited mobility within Strategy&

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It’s easy to get staffed on M&A or deals type projects even if you are part of risk practice at McK. It’s all about networking

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Mckinsey and it ain’t close

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Pretty sure we have folks aligned to the risk practice who do a lot of non-risk work (eg strategy, integration, marketing and sales)

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Wow. Tough decision. I think S& and McK have very similar cultures, so that shouldn’t be a deciding factor. Comp for generalists is about the same (although risk at McK may pay less at the consultant level?). If you’re actually interested in deals, then I’d take the S& offer. If you just want to be a generalist consultant, it’s probably a toss up with an edge to McK.

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That’s good to know. Personally, if I was interested in deals, I wouldn’t want to be aligned to risk even if only a quarter of my projects were risk.

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^we do plenty of growth strategy. It’s almost 50% of revenue. I don’t think anyone ever tried to go back to regular S&.

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Are you in Strategy& deals team? How do you like it?

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I don’t know anything about McKinsey risk, but happy to chat about S& Deals if you want. I’m a Manager in the practice.

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By risk consulting at McK are you referring to financial risk (CCAR, stress testing, etc) or actuarial?

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RTS practice? Go there in a heartbeat

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Take the stronger brand and company where you’ll have the most opportunities to learn.

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Can you help me understand the word “deal”? Like what is a deals consulting?

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M&A

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Deals and then slide to MCK few years laterz

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That’s what I’m thinking.... risk consulting is not exciting at all....

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Thank you all for the insights! Very helpful

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Deals

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