What’s the travel % and comp like at the consultant level at an MBB in Toronto? Dabbling with the idea of leaving banking to join an MBB for the MBA sponsorship

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A lot more than sponsorship should go into your framework, if you prefer banking over consulting it won’t be easy working 1 year pre and 2 post to pay it off.

Another thought: the comp gap from banking to mbb over those 3 years is probably going to get you enough for an MBA - without having to be locked to an employer for OCR.

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is the pay gap that wide? what would you say the lifestyle is like if you travel 50% of the month, what are the weeks in the home office like?

Depends on the industry or type of work (outside of covid times). First year I travelled every week M-Th, but afterwards I began local cases and travelled once a month for a few days if at all. Comp is like 85-90% of US colp

Travel can be pretty flat out Monday - Thursday but the on when that kicks off again. As you’re pre MBA I think total comp (salary, bonus, RRSP) is $110-140 rough ballpark depending on performance

I think it’s a better lifestyle. I rarely get bothered on weekends. It super easy to take time off (you can take extra time in-between projects super easily). I’ve had stints locally on projects but I enjoy travelling. I would come for 2 years and then head off to school the sponsorship more than makes up for the pay gap especially if it’s a US school. You have to come back and work for 2 years post MBA of course but total associate comp is ~230 (-+ on performance)

Assuming you get the job 🤷🏽‍♂️

SM1 - your insecurity is showing.

Agree with McK 1 only thing to highlight is that pay more than doubles from year 2 to 3 or at the post MBA level. Also, travel is not necessary - I don’t really like to travel for work and haven’t since I joined 2 years ago.

Also, are more people getting promoted without doing an MBA? Are those who choose to go to Bschool going to the top schools in the states or a canadian school?

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