Weighing offers from IQVIA (Consultant, strategy/life science) and Oliver Wyman (Experienced Consultant). IQVIA base and total comp are slightly better. Thoughts on each company, work/life, career growth, ect. Which offer would you accept? Also, I am a consultant for a healthcare network now, not a physician.

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OW is the better company in terms of progression, reputation, and exits typically. How much better is the IQVIA offer?

What are you most looking for in this move?

likesmart

25K more base*

agree with the above, OW is a much stronger brand in consulting and in general. IQVIA might actually have more presence in the LS space which might equate to more variety of projects, but I would say OW’s branding and long term earning potential outweighs this.

OW’s acquisition of Huron might also suggest OW is looking to become a serious player in LS in the future, not from OW but ex-IQVIA so maybe someone from there can speak more about this.

likehelpful

Happy to chat about IQVIA if you have any specific questions

like

I have another interview with IQVIA and just wondering the range of pay is for a research nurse. It’s a year long contract, 4 10s, no benefits. I’m wondering about if I want to take a vacation? The culture and work/life balance.

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If your IQVIA offer is from the Consulting Services team in New York, Boston, SF, that position will require you to manage the day to day of your project. It is not entry level. Progression: Associate, Associate consultant, Consultant, manager, associate principal, principal, sr principal. The OW position is essentially entry level. Experienced consultant is not an official level and I believe you are hired as a Consultant, which is entry level. Profession: consultant, sr consultant, associate, engagement manager, principal, partner.

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If you really are a lover of the LS and see your career there longterm, IQVIA ia a better bet.
If you would live to explore the world of co sulting and exit into a wider range of industries, OW is better.
Your back ground may be better appreciated at IQVIA

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C2 - definitely agree, I recall my team from the IQVIA consulting group having a good portion of people moving into corp strat, RWE or even the clinical side of IQVIA.

I am surprised that IQVIA pays more...usually they are cheap, but seems like not for external hire. Go with OW, better brand, likely more interesting work and better professional development opportunities

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If you are truly an MD (medical doctor), very interesting that OW would hire you at essentially entry level. Would have expected associate (on par with post-mba level)

But otherwise, agree with others. OW branding is stronger

I would try to talk to people (or former employees) of each company. I’ve heard some rumblings about OW culture in the past.

Also, would they differ in the amount of travel you do (if that matter to you)?

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