1. Joined a FAANG equivalent US tech firm in india role 
 2. Tech- much better than industry, and chiller than vc/pe 
 3. Compensation trajectory was same/slightly better than MBB. Now at a startup where comp is accelerated by 3-4 years versus if I stayed in mbb 
 4. Never

@AngryBus91 all those paths seem really premium. Available to only a few 🫣

Analyst

Strategy & Operations

@AngryBus91 this is helpful, thanks a lot. I've heard industry comps saturating to what a principal/ associate Partner earns. The path to CXOs in most companies is much longer, making the comp trajectory slowdown after the first ~3 years post a 2-3 yr stint at MBB. Is this understanding correct? 
  
 Here I'm also including a strategy/ prod man role exit in a series B+ startup.

1. What was your profile before exit  MBA vs Bachelors, how many years at consulting, key reason for exit 2. What industry/ role did you exit in  was it related to any case you did, how did you zer...

Welcome to Business Roles's Private Community

1. What was your profile before exit - MBA vs Bachelors, how many years at consulting, key reason for exit
2. What industry/ role did you exit in - was it related to any case you did, how did you zero in into the role
3. How is the overall compensation, what is the expected growth rate expected?
4. Do you plan on coming back to consulting in future?

What did you do after an MBB/ similar consulting role

What did you do after an MBB/ similar consulting role- Grapevine

I currently work as a senior analyst in risk management and analytics at one of the big 3. Don’t really like the work or long hours. What are my exit options? 
Can I move to tech in some product or strategy roles?
Or can I get a VC or PE analyst role?

Appreciate if anyone can share their experience of post exit from consulting.

Yoe 3
MBA tier 2

Exit opportunities post MBB experience.

Founder

How many percent of MBB consultants leave consulting within 3 to 4 of joining the firm , as I heard that good Consulting firms offer great exit opportunities , so how many of them get exit keeping in mind the compensation package , work life balance and other things , are they earn good enough within initial years so they can buy a good house in posh locality ???

MBB: management consulting

Welcome to Indian Startups's Private Community

Quit consulting with no offer in hand. Eager to explore the Bangalore startup scene. 2 years of non-tech experience overall. Kindly guide/help?

Consulting exit

Consultant

Hey. I'm a post graduate from a tier 1 MBA college currently working as a management consultant in one of the Big4s (<1 year). Compensation is good (~30 lpa), can't complain. Work has been stagnant for a while firm wide though and have just been focused on upskilling myself.

With the interactions I've had till now, I don't really see myself building any hard skills other than data analysis in excel, power BI and business acumen here. (I might just be ill informed here, but are these transferrable skills I can take to the industry? I know data analysis is the bread and butter for business everywhere but I'm talking about specific software and whatnot used in companies) 


1. I'm just worried about the exit opportunities that I might have later on. Can anyone shed some light on what kind of exit opportunities one can expect?

2. Let's say I want to get into the operations side of the industry. Is there anything I can do if I'm not necessarily involved in such projects?

Exit opportunities for business consultants?

With the news about McK also offering severance based voluntary attrition, wanted to get a sense of how are things across MBB in India?

The hiring has been over optimised, the batch of 2024 and the summer intern batch, count of new hires should go back to 2019 levels

How is the promotion scene looking like? Are you hearing of headcount rationalization in the India offices? 

Folks were expecting natural attrition will help with HC nos, I don't think it has really played out that way

How is your MBB/ mgmt consulting looking right now

I have been working in front end consulting for around 2 years now (first job) and am struggling to understand my options in terms of career paths and in the long term. 
A) Would love to know more about some career trajectories post consulting + some people who have inspired you whom I can check out on linkedin (in case grapevine allows for it).
B) How feasible is a pivot to industry post consulting?

Post Consulting- what can I look forward to?

Business Development Manager

Welcome to Office Gossip's Private Community

I joined CN with some hope to do strategy work after working for long in the Tech Consulting space. But here the work is pathetic and doesn't even come close to the work I used to do earlier. On top of that so many teams by industry , functions and whatnot and such cut throat competition of staffing and credit. What is this madness. All the people who are long timers here have totally no skillset , I can't fathom how they have survived so long here .

Accenture Capability Network is a scam !!

Business Analyst

AMA- 15 yrs exp across consulting, VC & Growth stage company. Now a founder

Hi
I am currently at 1.5YOE earning around 60-65k appx 
I am getting opportunities to do an MBA in tier 2 colleges like IIT Roorkee, IIT Kanpur, IIM Nagpur etc
Should I consider them or should I take a drop for a Tier1 MBA or should I continue to grow workex and switch in IT domain only ?

Should I do an MBA

Software Developer

Welcome to Product Managers's Private Community

Hi, is there a possibility to get into senior consulting roles @ MBB while having 4YOE as a B2C PM(total 5YOE, no MBA)?

Also what's the salary like for such positions in MBB?

PM -> Consultant?

Product Manager

were you forced to go for a mba due to career stagnation or lack of opportunities? 

referring to 3Y degree, bcom,bba,bsc people(not t1 btech folks)

trying to understand and gauge the landscape here

folks who got into management consulting post undergrad, how are y’all doing?

Rumours that McKinsey year end bonus cut by 50%, can anyone confirm?

Did McKinsey hire McKinsey to figure out how McKinsey should do cost cutting in a negative macro environment?

Hey people,
   I am a software engineer. I am thinking of pivoting to leadership kind of roles like EIR, founders office, product manager, etc. 
   For people who are currently in such roles or know people in these roles, do you think people from tech(engineering) background, pivoting to this role at age of 24-25 yrs is advisable? Would people hiring for these roles see that I don't hold an MBA?
   What are the things about these roles I should be aware of?

Thinking of switching to non-tech(leadership) from tech

Welcome to Software Engineers's Private Community

Hello Folks,

I'm currently working at Google, and I'd decided to soon quit for getting an MBA (expecting admits to IIM-A/B/C) to break into consulting, specifically MBB or even Product Management.

Honestly, I'm interested in it for industry exposure, the chance to climb the ladder quickly, and, let's be real, the fat paychecks. 

But then I did a lot of research and, dang, it's all doom and gloom. Is the work-life balance in consulting really that bad?
 
I'm starting to question my plans. Anyone out there got some real-world experience to share and some genuine insights?

Reddit, do your magic!

Consulting: Is the Grass really Greener?

Project Manager

Hey guys, I've been working in top tier consulting firm for a year and I'm just bored of making decks. What exit opportunities exist for me?

Exits after consulting?

What are my exit options after 1 year of strategy consulting with Big 4. Looking for a better wlb

I've been in startups for the last 8 years. From Series B/C onwards to even a unicorn, over time worked at 3. 
One of them was an outright scam, raised many millions of $s from top investors, and then ultimately died. 
Also close with CXOs at decent sized startups, and there is a pattern out there. 

A few thoughts:
1. Being a startup founder is tough. There's pain. Some people thrive in pain. AKA Masochists. Know how to spot a founder who works 15 hours a day because they love their vision vs. somebody who works 15 hours a day because they're masochists. These people thrive in pain, and hence love to see you miserable as you slog away the hours under their leadership. 

There is absolutely no vision for the future that they have. They do it for the fame, money, and cause a lot of pain in the process. Nothing good comes out of it. Investors love this breed.
   
2. I wish I'd done more than just leave the scammy startup. At the point, I decided against whistleblowing. Because I thought there's so many people employed here, they would all be impacted. Over time, 200-300 people more joined after I left. Once the scam was caught, all of them lost their jobs.
   
3. I'm not a coder. I'm a generalist. Over time, my pay grew but not in line with my peers who went into consulting/VC and then came back to big tech/startups. Over time, you disadvantage yourself if you stick around as a generalist in startups for too long. The next team pays you at some premium over the last one, there's no step jump. 
You need to somehow find a successful startup early, and genuinely, that is impossible to game - even VCs have to bet on 20 to get it right.

These are a few disjointed thoughts. I hope they give some insight.
My only takeaways:
- If you work at a scammy startup, don't stand it. At least, don't stick around. 
- I earn lesser than my peers (tier 1 undergrad), but I regret nothing. I love my work, and I'll never get over the kick. I cannot imagine working at a larger company ever again.
- Ultimately, you have to be optimistic. Believe that India will grow, good founders will come around, magic will happen ❤️

PSA: What 8 years in startups have taught me

A startup with experienced folks and a well defined set of roles and responsibilities >>> one where we're all "a family"

Software Engineer

Welcome to Consulting's Private Community

I was mentally physically drained
Friends said I was lifeless 

3 years and countless long nights, I'm outta here

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