Trying to decide between KPMG TMT strategy and LEK TMT strategy - moving from boutique so Principal title is unfortunately gonna be lost in transition - offers are for Sr. C w/ 6 Mo. M ramp at LEK or M at KPMG. Year one comp is ~$300k in both cases. Thoughts?

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I’m a TMT M at LEK and my b-school roommate went to KPMG. I’m a bit biased but LEK no question. She was pretty miserable at KPMG.

Happy to chat, feel free to DM.

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In the TMT strategy practice and got staffed on implementation; lots of churn at the partner level so lots of external partner hires which creates a lack of consistency across projects; all the people she liked working with left; ODDs

Can’t provide a perspective on KPMG, but LEKs TMT practice has some really cool clients and interesting projects focused on strategy and DDs

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Pick KPMG much better and stronger brand. It’s strat house is called GSG

LEK is not really known for TMT more focus on life sciences so overall KPMG would be a better choice and give you better exits to firm likes Altman/Strategy&/ Analysis Mason which are TMT consulting firms

Source: Me (work in TMT last 8 years)

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I am surprised that kpmg pays similarly to LEK

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Bonuses aren't as high as the other B4s... typically around 10-20% based on performance. At PwC my bonus was closer to 35% for top tier performance.

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LEK no question

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KPMG is paying first year Ms $300k? WTF?

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Very surprised that KPMG offered $300k for first year M. I make that as a director in strategy

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Same

What are your priorities? I know LEK is really trying to build out its TMT sector so it could be a good look for you to be an “early” contributor. Also FWIW prestige within industry would be far superior at LEK. Resource support may be lower than at KPMG though

Priority is long term comp, opportunity to do true strategy work vs getting stuck managing ODD or PMO, and path to partner

I’d get in touch with someone that has worked at KPMG I could be wrong but my impression is they do less core strategy work and more implementation work. I think the team had market penetration issues for core strat work

But again I could be wrong best to talk to someone who used to work there, also look through fishbowl I feel like people have discussed this before

Also this is US specific, don’t know anything outside the US

What did you decide?

Bump!

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