Would I be crazy to turn down an MBB offer (at the most junior level) for a manager position at a T2 strategy firm? (I have 5 years of consulting experience)

What’s the comp like? If comp is similar I’d go the more junior route. With experience you’d theoretically climb the ladder fairly fast and continue to raise comp

What? You’d be crazy to take the MBB entry level offer if you have a manager position at an actual T2 lined up. Even B4 manager would be in contention vs MBB entry level, unless you really value the clout.

Depends on what you’re looking for to be totally honesty. Coming in as a manager at a T2 might be very challenging as well and if you don’t perform quickly for any reason you might not be there too long. Could also be you’re great at it and you’re sorted but then would you feel like you missed MBB? On the other hand; MBB you get a little runway to get groomed for M and then you’ll be well established to grow. Worst case it doesn’t work out and you’ll have the MBB branding to help you go wherever you want. Another factor is the leveling in terms of how far you are to the M title. Final factor is the T2 a real M role or they just using that to get you a higher comp and lure you in?

T2 M 100%. You can try to leverage to see if MBB might bring you in one level up but unlikely. If you only plan to stay in consulting for a brief period, take MBB since the name on your resume is gold, but if you want to stay in consulting, it’s worth taking the M position. If you kick ass you can always lateral to MBB later at a higher level…

I had this option between BCG and S&. It’s a no-brainer.

MBB exit opps are overrated (ex-MBB here). Definitely not worth a 100% salary reduction vs the T2 role and the potential for getting under leveled since you may not have as many YOE managing teams But if you're looking to stay until MD/Partner, MBB may be a bit faster and pay more at the top. Not sure if it's worth the oppty cost over the next few yrs though