Related Posts
Anonymous User
What are the perks in PWC?
More Posts
Turnips are 483, comment if you wanna come by
Additional Posts in Consulting
Ey declared ten days of family leave
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Rising Star
Think about what you can do with 40k
Think about what you can do with prestige
I rest my case
OP, why are you even wasting your time at a consulting firm? If you’re tech, and want to work at FAANG, then why not just go work there now?
I’m surprised you weren’t offered senior associate at BCG if you’re getting a senior consultant role at acn
that being said, I’d take BCG - your comp will catch up and likely surpass acn by the 2 year mark (new C1 base is 175+12.5% bonus, higher for good performance), not to mention the better exits. 80k doesn’t feel good to give up for sure, but expected value of future income at/after BCG is definitely larger than that
12.5% in a normal year for average performers. 50-60% of people fall into this category. There are two more buckets above that for high and very high performers, ~18% and 25% respectively
Rising Star
Prestige doesn’t pay the bills
Agree ^
I left BCG after 5 years and almost doubled my pay getting a VP role when I exited. Play the long game!
I’d chase the bag
BCG and it’s not even close. You might make a little bit less now, but it won’t be a 40k difference. BCG bonus will blow Accenture’s out of the water. But even if it’s a little bit less in total comp, you will grow way faster at BCG. In 2 years you’ll be making considerable more than you would at Accenture, and in 4-5 it won’t even be close. The benefits at BCG are much nicer, the pay will get much, much higher, the perks are nicer (better hotels, flights, and everything), and the exit opps aren’t close. Take BCG
I want to exit to FAANG if that helps.
Pro
Solutions Architect, Technical Account Manager and professional services. Not very many Accenture people go to FAANG as software engineers.
Benefits at BCG are also crazy good. We also have some of the best travel perks of all the firms (stay at nicest hotels, generally fly first class, great team dinners). While they might not be worth $40K, they do make a difference
Comp will grow faster at BCG and can probably catch-up and exceed within a year (once bonus is factor in since ACN bonuses are practically non-existent)
But WLB will probably be better at Accenture.
This is a great place to just do a quick dcf. More money up front at acn but slower comp growth vs lower bcg start but comp growth is huge.
Personally I’d take bcg if i known i’ll be in consulting 2+ years because of that comp growth potential and exit opps
Take BCG. It will be infinitely better for you in long run, even from a comp perspective.
You will hit 175k base in 2 years at BCG, TC around 200.
Doubt you will get there in 2 years from Accenture
Rising Star
I'll reiterate in a comment (rather than a reply to a comment) so others can see:
From previous comments, OP is in tech AND wants to go to FAANG.
For tech, FAANG does not care much at all whether you're MBB or another firm. Your skills matter much more. Might as well go for Accenture, which has a might longer history of actually delivering tech projects, and work fewer hours so you can prep for FAANG interviews.
The interviews are no joke. You legit need to have a substantial amount of time outside of work to leetcode, prep sysdesign or data science or whatever your skill is, etc.
If you're good, you won't be staying in consulting for long anyway so you'll make more money at ACN. But if you think there's a chance you want to stay in consulting longer term, then BCG may be a better option. Also though, tech is a second class citizen at MBB (and consulting in general, but particularly at MBB).
Most people on FB are non-technical and will give you bonkers advice because they don't have technical skills.
I’m technical and although a second class citizen at McK, I get paid the same as nontech folks at my level.
Also second class at MBB is far better than second class at Accenture anyways. Tech at Accenture is second class to Accenture strategy, so it’s the same
Chief
If it's core / generalist BCG and you're early in your career it might be worth it.
It's likely that comp would grow faster at BCG, assuming you're not going into ACN strat. Bonus can also be a meaningful difference.
I know it's a lot of money to turn down in the short term, but BCG early in your career is pretty valuable.
isn't this comparing a post MBA to pre-MBA roles?
BCG is only bringing me in as an associate
Bonus at BCG will bring you pretty close to that 140k mark.
Bonus at Acn will be pennies
Don’t worry about WLB now. Work hard so that you will have you wlb at your old age or when you really need it.
My vote is try bcg for 1 year and then see if you can get 185-200k on your search if BCG doesn't promote/give a solid raise. ACN will likely still have jobs for you after 1 year, and the BCG brand should get you more comp when leaving
BCG 💯
The amount of BCG folks here pulling hard for BCG. As if they are in a disadvantageous position
Interesting!! If it was 10/20 k difference I would have suggested BCG.
Rising Star
MBB doesn’t negotiate salary. You’d have to negotiate the role.
Are you tech aligned or strategy?
C4 I could not disagree more to be honest. Not sure what makes you make statements like that. Sounds like you’re going off random opinions from comments and posts here and there and not an actual perception that lives within the firms.
oOoOO that's tough. What are your long term goals? If you have a clear idea of what that is, may make the decision easier. The gap will def close at BCG though eventually and you likely will be comp'ed more 5 yrs down the line at BCG vs ACN. But....ACN stocks been killing it as of late so that employee program could be advantageous for you