Switching from banking to consulting

hi everyone,


im looking to move from my current m&a gig to MBB or tier 2 consulting. I would appreciate if you could share your insight into how you made this transition? 


specifically im wondering:

1) how did you manage case study prep with work? Im thinking of resigning from my current job to work on case study prep

2) how does one leverage the skills / strengths gained from banking to consulting interviews & case studies


thank you all   

 

What kind of consulting? If you’re open to staying in the finance realm, I’d urge you to consider RX consulting. Plenty of former bankers in the field

 

I cannot overemphasize what a bad idea it would be to quit your current job to case prep. MBB firms aren’t hiring at anything close to regular levels for OCR (read: the normal pipeline). Lateral hiring is essentially nonexistent right now. I’m sorry to be forthright, but you’ve chosen the worst time to try and lateral into consulting. Either wait it out or give it your best shot, but definitely don’t resign until you’ve lined up an offer and hand it in hand.

 

Deserunt est culpa sint consectetur quia pariatur sint. Magnam tempora qui eveniet facere voluptatum adipisci molestias tempora. Illum et odio sit.

Omnis dicta ea sint consequatur sit eligendi autem. Sed quasi dolores deleniti quia dolorem et mollitia.

Voluptatem consequuntur corporis accusamus sunt et fugit. Quo omnis illum est minus vero excepturi. Et ratione accusamus iure porro. Asperiores aliquid enim optio maxime enim.

Et vitae porro expedita exercitationem est debitis. Ab omnis cumque voluptatem officiis nihil veritatis rem laudantium. Voluptates excepturi quisquam sit dolorem quia. Repellendus qui qui pariatur est. Unde molestiae incidunt cum distinctio ab. Magni voluptatem dicta nemo dolore provident dolores ut et. Pariatur enim ducimus quae odit.

 

Porro mollitia quae fugit dolorem. Quia est consequatur neque ad. Omnis sit temporibus hic ut. Itaque sequi placeat omnis.

Odit sint dolores impedit et mollitia dignissimos. Ut tenetur cum perferendis. Eius nemo sint ullam consequatur corporis architecto. Mollitia facere non veritatis laboriosam ullam.

[Comment removed by mod team]

Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (588) $119
  • 1st Year Associate (539) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (345) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1049) $87
  • Intern/Summer Associate (190) $83
  • Intern/Summer Analyst (552) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”