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Finet pros and cons for $600k producer please
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Anyone with recent experience recruiting for Boston Consulting Group? Got in touch with a recruiter through referral, was directed to submit an application and already finished my pymetrics. Anyone know when I would be able to hear back and what the hiring timeline looks like? Recruiter suggested to get back in a few weeks but isn’t it too slow? McKinsey sent me an invite for 1st interview in a few days after they received my referral.
Is firm travel back up to pre covid levels?
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This depends on which tech company and which SWE role - consider whether your SWE offer (skillset and brand) is likely to increase or decrease in demand over the medium term. MBB is a very safe bet but the upside isn’t nearly as high as many SWE roles. Also consider YOUR effectiveness in the role - are you more likely to succeed as an SWE or consultant?
Judging by your SWE starting salary, it’s probably an in-demand role at a great company, so it’s probably worth reneging. But judging by the fact you accepted an offer at MBB rather than sticking with SWE out the gate, something tells me there’s part of you that believes software engineering isn’t for you.
Spoken from someone who hated being a SWE (even though I was good at it - probably not as good as you though) and now works as a consultant mostly on tech/digital projects.
May I ask what type of tech/digital projects you work on?
It depends how fast the SWE company is growing. The reality is that Agentic Coding tools are creating more benefits for more senior engineers. You see the “value” of junior engineers eroding and it’s showing up in hiring of junior developers. There will be pressure at the base of the pyramid for SWE orgs until demand can catch up with productivity gains.
And with the way MBB is going, a former SWE from a prominent tech company should be able to find something later at MBB if they so choose. Not true the other way around.
Go to SWE and don’t look back. Just make sure the offer is solid bc renegging will be a one-way decision. If you care enough to switch back, can always go MBA -> one of the other two MBB.
Mentor
Turning down an extra 100k to work 2x as hard would be insane
Run to the hills. Avoid MBB like the plague b
Do you like being underpaid and overworked? If not, then go SWE
Big Tech? Go now.
Yes, the big tech companies are better employers and they respect engineering as a profession more too
Coach
Yes renege
P1, wouldn’t you say there’s a similar dynamic starting for junior undergrad level consultants too? Have definitely heard that being on senior leadership’s minds
Mentor
Turning down an extra 100k to work 2x as hard would be insane
Without question…
MBB is a much better career choice for 90%+ of candidates.
I would argue that if you’re the top 10% MBB is absolutely not the best path. It’s more geared towards the safe high performers who navigates politics well. Very different than a SWE role building products
Obviously a biased sample on this thread since MBB situation is tough right now and it has always been tough, but the truth is somewhere in between "MBB is dying" and "MBB is fine". What you need to understand is that at best, MBB will maintain its current level of relevance. It's not a booming sector that's going to take over the world like AI, software, crypto. Considering you have the hard skills to do that work, it seems like a no brainer to align your career with a booming sector. This is different than if you didn't have the hard skills or background and genuinely need MBB for the exit into tech
This is not a real life situation
I have a pretty good view into Meta comp in particular, and E5 comp nowadays (considered to be the “terminal” level, I.e. where you can spend the rest of your career at unless you push very hard for promo) is just a touch below $500k. The vast majority of Meta engineers will not be promoted to E6.