Bain & Company Why does tier 1 consulting pay so much less than tier 1 tech when consulting candidates (usually) go to better schools? I’m talking about software engineers making 200k TC at FAANG vs 130k TC MBB? McKinsey & Company Bain & Company Boston Consulting Group

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Serious answer: MBB has a better trajectory if you’re willing to grind it out. I did FAANG swe internships but didn’t like it and now I’m an EM after 2 YOE and my FAANG friends and I are roughly equal in pay or I outearn them (based on what I think my TC this year should be).

If I make AP in a couple years it’ll really start to diverge. Making L5 isn’t even easy in tech it’s super political and it depends on your team (if you’re on a team that isn’t growing your only promotion hopes are via attrition).

Tech really beats consulting in 2 ways: junior comp those first couple years out of undergrad - not even close - and also the lack of “up or out” means you can get to a level you feel good at and coast for the rest of your career.

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60% of EMs starting as BAs doesn’t mean industry poached half of them. Most of the rest of them started as Associates.

What a clown show

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Object Oriented Programming is harder than aligning shapes on PPTs

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Yea I don’t understand the comparison either - they are completely different jobs. Makes no sense to compare.

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Developers are always in demand. So, there is more competition to compete for the best to build the best products.

Fact: on key factor affects pay is the rare of your skills in the market, NOT how good you are. For example, if it is much harder to find software engineers then recruiters will increase the pay to attract talents.

The good software engineers are not working in consulting

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