Career Move | Management Consulting Vs Investment Banking
Hi! I have a professional dilemma and would appreciate any thoughts, advice and experience you can share. I have a 5+ years in strategy consulting working for a Big4 - I like my work, team and the organisation Though, now I crave for some different experience - maybe work for startup’s or a VC firm I have been offered a job in a boutique investment bank - which works with startup’s in India My questions: 1. Is it worth switching for a Big4 to a Boutique Investment Bank - will it effect my further employability 2. Does this get me closer to my goal of working for a VC fund someday? 3. What salary hike should I ideally expect Thank you in advance for all the help!
VC requires 1 or more of:
- MBB, bulge-bracket IB, Avendus
- IIT/IIM/ISB
- Start-up leadership
To answer your questions:
1. Not worth switching unless you want to pursue investment banking as a career
2. No
3. Expect no hike
Hey @HELLYAAA
Working for startups/VC funds would be a good transition.
Here's my view:
- Shifting from Big4 to Boutique IB might be rewarding, you'll learn more. If you're gonna earn more, then it's a nice move. If its similar pay, you should only do it if you really like the team
- Have seen few folks from IB making it to VC. But I feel joining a smaller VC firm/or joining a startup at this stage might be a better move in that case. Why not do what you want to do anyway, at whatever scale you can do it?
Let me know if more questions
TheOatmeal
Stealth
10 months ago
Hey @WittyFeed , can you check your discord please :)
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