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:
- Is it worth switching for a Big4 to a Boutique Investment Bank - will it effect my further employability
- Does this get me closer to my goal of working for a VC fund someday?
- What salary hike should I ideally expect
Thank you in advance for all the help!
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
Hey @WittyFeed , can you check your discord please :)
VC requires 1 or more of:
- MBB, bulge-bracket IB, Avendus
- IIT/IIM/ISB
- Start-up leadership
To answer your questions:
- Not worth switching unless you want to pursue investment banking as a career
- No
- Expect no hike