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Hi everyone! Anyone in PwC’s Value Creation able to help and discuss qualifications required? I’m looking for a role in which I can use my Ops and manufacturing background for topics such as supply chain, cost reduction, performance improvement and Six Sigma to help increase value. I’m looking at the experienced associate level - could anyone refer if there is a match and or need? Also, is this Advisory or Strategy&? Thank you all! PwC
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"No ambition."
"Consulting to top MBA."
This must be some interesting new definition of ambition that I haven't seen before.
I’ll take the correction there. I agree.
I agree with OP’s prestige/ambition correlation. A lot of people have been raised to be driven by extrinsic motivators and it is so much easier to impress prospective employers, friends and mates with superficial success criteria. I think your risk aversion comment may have historically been the case because this was the most clearly “defined” and “well-trodden” path to “success” if you could get in. But in today’s market, I would encourage people to be very careful committing to the price tag 🏷️ of an MBA if they are self-funding it, given AI disruption, job outlook, and salary stagnation. That’s a lot of debt 💸 to take on with no immediate path to repayment and debt = high stakes risk in my book!
Well I’d say they also get lifestyle creep and do not save/invest sufficiently, which is the bigger wealth driver than just being top 5-10% earner.
This too. I see it all the time.
Dog… Some of us just want to live a life outside of work and do this to fund that.
Got it. In which case I’d agree the opportunity cost is probably not worth it unless you are that type who wants to max their career potential
Pro
Are you salty bc you didn’t get into a top MBA OP?
Pro
Who says everyone is doing it? These are the top 1%. I don’t think you realize how many people get into a top mba…then can get into a top job… there’s several layers of filtering right there
OP I think folks here need your definition of real ambition. If you ask me, I can think of it as having a long-lasting impact on the wellness of the world, so maybe a volunteer in peace corps organization or somebody dedicated to non-profit medical research or somebody building awesome softwares donated to the world like maybe wikipedia (no clue if this is accurate) may have much bigger real ambition than any of us. In that sense, I had much bigger ‘real ambition’ as a teenager, until I realized what my parents were going through to pay for our mortgage - and then my ambition became to be able to pay for my place and be able to support them as needed.
What type of risk are you thinking?
I’m not even talking like be a start up co founder. I mean somethint small like not going for an MBA and just working at a higher growth company or gaining some harder in the trenches management skills. I hate seeing the same prestige driven formula based on FOMO
Chief
Everyone is not making partner. That’s the ultimate goal if are smart enough to have a sustained career in consulting. Partners make money. If you don’t know that’s the goal of pursuing an mba and then consulting, then you are not as smart as you think you are
There's a plateau at some point in the chain of command to control AI. It's to get to that platform. There's steps, then there's real steps that they don't talk about in the open.
It's about allegiances right now more than anything. 4 clouds> 2 major Hedges> (insert bottleneck here) .
All the risk adverse prestige chasers mad in the comments. BTW - I do not work in consulting any more.
Pro
*averse
Chief
Hmmm. Hmmm. This seems like a direct school to industry path. Anyone who self funds an MBA does not lack ambition nor are they risk adverse. A top MBA does not guarantee you a spot in consulting.
Absolutely nothing in your premise correlates. Probably good thing you left consulting
Chief
You make money through savings and investments......and there us no work around even if you have ambition and are not risk adverse.
This is 100% accurate. Of course, the more $ you have to save and invest, the faster you build up some $.
Back in my days, I used all my and most of my family savings to leave a decently stable job to pay for my ‘top mba’, if that’s not taking a risk .. I finished the mba with no job and no savings .. it did pay off over time. And please don’t take this as a ‘me being cool example’, it’s just the one story I know well because it’s me, which doesn’t fit at all with op blanket statement.
I have heard this perspective before and would like to know what does risk taking ability and ambition look like?
Chief
This is so top 5% thinking. Not a criticism but the vast majority of people who are afraid of risk AND lack ambition would never seek out consulting as a career, and likely never consider an MBA.
My argument has holes so let me refine. Those people who start out in a high paying career like consulting just to go pay for an MBA in opportunity cost and come back to consulting or another job that gets paid the same are driven by prestige/MBA FOMO and not real ambition
Everyone’s goals are different. Chase what makes you happy. Comparison is the thief of joy.
Starting a sponsored MBA this year.
It’s free. It’s 1 year (INSEAD). I get a 50k raise. It’s a “vacation” compared to working.