What do you all think of this Consulting vs IB analogy? Accurate? PwC = JPMorgan Chase or Citi — massive, global, diversified, highly respected, but not always the #1 prestige name in strategy-only circles. McKinsey = Goldman Sachs — smaller scale but the undisputed prestige leader in advisory. Bain & BCG = Morgan Stanley & Lazard — elite, focused, heavy on prestige in specific segments. Deloitte (D) & EY = Bank of America & Barclays — large, global, respected. I think one can argue D = JPM.

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No one cares.

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Then don’t comment

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This is dumb.

Investment bankers aren't thinking about most of these firms even one second of the day. Their staff comes from schools two tiers above most consulting firms, makes 2x the money, and has exit opportunities PwC or Deloitters have never heard of.

Meanwhile they're working too many hours for remember Big 4 even exists beyond the accounting and DD practices to help IB's own deals. And Deloitte isn't "global and respected" in any comparable sense. No one dreams of becoming a big 4 consultant as a kid, not even freshman year of college. At least some kids wanna be ibankers.

A more appropriate analogy is that PwC is Burger King, EY Arby's, Deloitte McDonald's, MBB your different local but slightly expensive ramen shops, etc...

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I don’t think anyone dreams of being either truthfully…neither have any control over their time lol

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Kinda dumb comparison given how the industries and firms are set up differently, but there are plenty of worse ways for people to entertain themselves, so have at it.

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"prestige pretty similar"
😂😂😂😂😭😭
My sweet summer child

I mean, sure, if you're comparing consulting firms with one another, separate from iBanking. #1 among consulting is #1 among consulting. #1 in iBanking is #1 in iBanking.

Comparing #1, 2, 3 consulting with #1, 2, 3 iBanking? Are you serious?

Lmao while we're at it, McKinsey is OpenAI, BCG is Anthropic, Bain is Google DeepMind, Deloitte Meta Superintelligence, ...

funny

Dude I just want paychecks

Put down the crack pipe

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