Consulting Exit Opportunities

What does AlixPartners do? I see quite a few MBB folks exit to AlixPartners. Wondering why is that?

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As a former MBB’er I can say there are a few reasons people come here. 1. Some folks were transitioned / CTL’ed - they want to stay in consulting but most firms are horrific at integrating new hires especially as you go more senior. This is absolutely not the case here in fact we will value your experience. Plus we can go higher on total compensation than just about any firm due to our profitability/ project economics. 2. Senior exits or following an partner. - this is where I fit. We poached a ton of MBB partners to build our capabilities in the last few years. Again, our high profitability allows us to compensate these people well. 3. The most common path is MBB > Industry > Alix . We love hiring senior practitioners with real experience to lead our engagements. We recently hired a Director who went McKinsey > Chief Strategy Officer > Alix. This is a huge part of our value prop, do you want a 25 year old to lead a project of significance or someone with 15 years of relevant experience?

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Tbh I don’t know either, but from what I’ve experienced on FB, alix partners seem like the best people here— nice, reasonable, and grounded. Would not mind them for coworkers.

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Nope, my SO wouldn’t be happy!

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Started as a restructuring firm and is still the top firm in that area (along with A&M). They also have a management consulting group (called Enterprise Improvement) among with a analytics / big data practice (Digital). It’s a top tier firm with very good benefits and competitive pay compared with MBB. It also doesn’t have an up or out model which can be attractive to those not looking to make MD/Partner

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It's a good exit, arguably better than MBB in certain areas. Wouldn't mind making it myself once I have some more exp

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Head1: the truth is more nuanced, I certainly worked more hours at MBB. It is true we have less people on project teams but those people are way more senior and aren’t learning how to walk. More importantly our deliverables usually involve driving EBITDA improvement as part of broad transformations as opposed to a comprehensive 150 page deck

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Alix’s work is mostly in operational transformation/ Cost cutting areas (especially for PE portcos and ODDs for PE). If that’s something you enjoy working on, AP will be a good fit. I’ve been doing this work for 3-4 years now (at a T2), work gets pretty boring and monotonous and learning is barely incremental.

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Agree with this generally speaking but has been changing drastically at least pre-covid.

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Related Posts

Trying to transition from financial services to consulting. Having trouble getting an interview in the first place. What avenue can I take to better position myself for a first round interview?

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How do you focus after interviewing for a role that you want? Had final round interviews for a different company last week and am very anxious waiting to hear back - having a hard time focusing

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How do people usually exit to tech companies for Sr. Analyst to Associate Biz Ops roles? LinkedIn networking + applying on portal or are there specific headhunters?

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Is it common to switch from one MBB to other? Feeling kind of let down by the work I’m doing currently.

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Not sure which firm, but looks like yet another shady MBB deck 🤦🏻‍♂️ (episode: how Turbo Tax obstructs free tax filing for poor people) What the hell are we doing here busting our asses?

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As far as exit opportunities, is there really that big of a salary change from 1 year of senior exp to 2 years?

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So many burned out colleagues I've met over the years are planning an industry exit strategy, either soon or down the line. Are you thinking of leaving the biz, for what, and why?

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Anyone here in the cfo services role at a&m?

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Thoughts on saying consulting firms like Deloitte and McKinsey in your short term goals, I’ve heard saying MBB could penalize

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Is there anyone here who did a top Mba but then went back to work for two years for their original employer but then after that two years ended up exiting to either MBB or a faang type company?

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Aiming to shift from big 4 to MBB. Tech Consulting. Any suggestions?

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Trying to transition from financial services to consulting. Having trouble getting an interview in the first place. What avenue can I take to better position myself for a first round interview?

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