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Hello guys! I was wondering if anyone knows what is the best development program to start my career at JP Morgan. I graduated college a year ago and I am looking for an entry level/internship position that could allow me to start my career @JPMorgan. I live in Minneapolis and I am not sure if there is any programs available in my area. Does anyone know? Thank you! JPMorgan Chase
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Is in house worth the pay cut from firm life???
I’m so happy for this group !!! 😍
Guess my salary to win a quick $20. (Will etransfer)
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Please make a comment stating what you think is my monetary value and what you believe my salary is based on my LinkedIn.
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Altium Packaging LLC… how’s the company culture?
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This is easy. Are you American? If so, McKinsey. However, if you support growing a Chinese based company that supports Russia, Iran, and North Korea then choose TikTok. American talent at TikTok is pretty much supporting the economic growth of China during a very sensitive time. It’s like the old adage. Show me your circle of friends and I’ll show you who you are. Blood money isn’t worth it AND if you didn’t know, there are two instances of TikTok that supports two different algorithms. There’s the for-China algorithm and the other. China’s algorithm supports and rewards STEM, education, and science posts while ours rewards dance moves and stupidity.
Which do you prefer to help grow? A company that wants the future of America to value idiocy or one that is a top three strategy & management consulting firm that helps American companies grow?
Support a chinese company any idea. We haven't had any bombings from china but guess where all american money goes???
Coach
This is a somewhat tough one...
I'd say McKinsey, as long as you are comfortable with the culture. You will have a better time hiring people at MBB than you would for TikTok/ByteDance in the hyper competitive tech space. Plus I think Mck has a more sustainable business.
Now with that said, if you are trying to break into tech and not getting traction with FAANGs and adjacent companies then TikTok would open more doors than working at Mck.
Name one company where recruiters are respected…just saying
TA has a seat at the table and we are very much appreciated and respected. Our leadership knows what a tough world it is in recruiting these days and thanks us all the time! Come work with me as I have a couple of Sr/Recruiter opportunities!
Mentor
Hi everyone, thank you so much for all of the advice. I’m moving forward with McKinsey’s offer!!
Congrats!!!!
McKinsey FSP role is very 3rd grade - you’re not respected enough within the Firm if you’re not CSP. With that being said, I’d rather be with McKinsey than TikTok because of their state ties.
Mentor
All really great points SR1, thank you!!
Tiktok, because you won't have to deal with all the a$$holes in consulting, and you will get much more versatile skillset
Congratulations on having the option to go in either direction.
The truth is, without knowing where you are in your career, how much experience you have, previous firms you’ve worked for, and, what your long term goals are, it is tough for any of us to give you prescriptive advice.
There have been some good answers here and also general statements.
Questions to ask yourself:
1) Where do you want to be in the next 2-3 years?
—- I.e. (opportunity for growth)
2) How much impact do you want to have?
I.e. Tic Tok “TT” could provide more as it is less refined and well oiled vs MK
3) Exit opportunities, think varied vs narrow.
— Again without knowing your background, I am taking a stab and assuming that this may be your first foray into tech or professional services consulting.
— Exit opportunities coming from MK will be vastly superior to TT. Every C-Suit Executive, Senior Manager, Board of Director, and key decision maker knows who MK is and the value add that anyone who comes from that organization brings. TT’s brand alumni reputation is yet to be determined.
4) Compensation:
— TT might pay more now (I say that b/c tech companies have a track record of paying a premium but its for a reason (lots of work)), but again, think exit opps. MK will set you up for a longer run and if you play your hand right, you will more than make up what you sacrifice in the short.
5) The work you’ll be doing:
— Team size, support, resources, etc
6) Culture:
— Someone said something about consultants with bad attitudes or being snobby… As a former Consultant (BCG + Deloitte), yes, you will met individuals who really love themselves, but guess what, I’ve been in the tech space for a while too and they exist here too. I’ve met some of the most intellectually curious and smart people in consulting who would give you the shirt off their backs. I’ve also encountered similar individuals in Tech companies as well. In short, don’t put to much emphasis on others ppl experiences as it relates to culture. Yes, MK and TT will certain have overall different cultures, but there are great ppl and jerks at both.
7) Continuing education:
— Not sure what each firm offers on this but depending on what you’re looking to do in the future, it is worth knowing what the options are for partial and or full tuition reimbursement
I’ll stop there. There are other things to consider, but the above should hopefully be a good starting point of things to think through.
Best of luck in your decision.
Cheers!
Coach
TikTok for short term capital gains. McKinsey for long term career trajectory. McKinsey is probably more respected on your resume.
Mentor
This is super helpful! I really appreciate it 😊 thanks
McKinsey 100%
As an agency recruiter I hesitate to go internal and feel like joining a tech company (and one that is just having its moment in the spotlight) would be exhausting and repetitive but doing it for a consulting firm would be slightly more variety and with a highly reputable brand.
TikTok
Mentor
Any specific reasons why?
I can’t speak on McKinsey but I can tell you I interviewed with Tiktok and not one person in the entire panel even tried to sugarcoat the work life balance. It sounds like everyone works 24/7 basically, and they did not offer a remote option. While you don’t have to go in the office daily, you do have to be based near a Tiktok office.
Mentor
Oh that’s very helpful insight, thank you!
Tik Tok
Mentor
I bet they said that about snapchat and vine. Remember those? As long as Meta has IG, it ain't going no where.
TikTok
Mentor
Any specific reasons why?
Tik tok.
Mentor
Thanks for your input, it’s very helpful! I appreciate it a lot 😊
I vote for McKinsey. It's more established and prestigious. I would think the training and career opportunities would be great there than at TikTok
Mentor
Thank you for your insight!
Tech recurring 10 times out of 10!!! Do what you think is best, but tech recruiting I find respect, really cool people, a fun environment and a ton of growth opportunities.
McKinsey. Long term opportunities. Enough with the tech start ups. They are over hiring and will have to adjust in 12-18 months.
I’ve heard horrific things about the Tiktok recruiting work culture
From my colleague who worked there: “In a nutshell: It wasn’t bad on all teams. I had great relationships with other recruiting leads and heard good things about other team cultures. With my team, I will chalk it up to horrible leadership and there being a lot of extra pressure from Beijing since we were recruiting for product roles. My team did not prioritize candidate experience or diversity hiring, and made recruiting feel extremely transactional.. my lead did not push for work/life balance for employees (truly a cultural difference with China, however my manager was based in the US and should have pushed for it). She was also a micromanager, which my team did not need or appreciate. “
TikTok, because I don’t work weekends
Coach
Tiktok. Hard pass in dealing with the McKinsey consultants.
How about this question? Which place offers work that will excite and scare you? Figure that out and your choice is made. And to be clear, the factors are NEVER the same.