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Disclaimer: I'm not a part of any of the groups mentioned below. Parthenon merged with parts of Advisory Strategy and Operational Transaction Services under Transaction Advisory. The latter two groups are some of the more selective groups in EY. EYP sits under a wider umbrella called Strategy and Transactions (S&T).
The new EYP is an umbrella "strategy" consultancy that is comparable to S& in some ways but probably casts a slightly wider net on the work it sells. EYP focuses on your generic strategy projects (deal, growth, blue sky, CDD), transaction execution (ODD, ITDD, PMI, SMO, or deal execution PMO if you want to call it that), and turnaround/restructuring.
EMs became Directors and SMs became Sr. Directors. It was a compromise so the legacy Parthenon titles that were Vice President didn't have to be down graded to M/SM after the merge
Strategy practice merged with Parthenon I believe. That logo is so obnoxiously large haha it’s so unnecessary
Chief
They threw a bunch of non-Parthenon folks under the Parthenon brand. Significantly dilutes the Parthenon brand, but typical EY
With all due respect, SC1, I have worked with MBA grads out of tier 1 - CBS, sloan, harvard and also with tier 2 schools. Sometimes I wonder how these guys got into tier 1. For creating a first impression off resume book , it's fine. Work wise, I am really not sure
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Parthenon now includes legacy Parthenon, M&A strategy/Ops, restructuring and parts of strategy advisory
Chief
EY bought the brand, they’ll water it down until it’s worthless.
That doesn’t even make sense.
Is the merge global? What about compensation-wise? So they get raise to Parthenon salary?