Would you accept a title loss to move from T2 to MBB? Really good impression from practice and partners, however would bump from Manager to Senior Consultant level.

Up for promo ~12 months post joining, with initial hit in comp being mitigated with signing bonus. Would be a bump as soon as promo goes through.

However would mean ~1yoe seniority loss (although quite early in career)

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Posting as :
works at
You are currently posting as works at

Absolutely. If you prove yourself you can move very quickly.

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Does it apply to all MBB?

Yes 100%, short term loss for a significant long term gain which can progress a lot faster.

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Average time is 2 years between each level. However, will all allow faster progression? E.g 6months - a year ?

No because you can lateral at the EM level.

likefunny

You need to risk adjust this.

It’s not 100% to get that promo in a year, or ever.

Maybe 50%.

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Right, that’s what I’m thinking. It’s clear if you keep progressing to director / partner level it’s a no brainer.

I guess the question is more: how clear is the choice and given the risk what should be the minimum time horizon at the new company to go into this decision

Titles don’t pay the bills.

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Don’t underestimate the time required to rebuild advocacy at a new firm. 12 months might be more like 18-24 in reality.

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Yes, this is common practice when moving to MBB. 1-1.5 yr set back is certainly worth it in the end. Congratulations

A few thoughts :
1) T1 is a stronger brand and better opportunities
2) the pay will not necessarily be better
3) the progression not necessarily faster
4) moving from consultant to project manager is not trivial - but most likely you will make it given support by recruiting partners
5) sounds like you are excited with the team and opportunity - go for it.
6) most likely you will lose $$ in 3 years horizon comparing to your t2 trajectory ( think $150k range but will gain in 8 years horizon ( think $1m range )

Make sure to risk adjust those values!

What % of associates make director these days? I suspect it’s a lower % for experienced hires. I’ve been out of the game too long.

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