HELLYAAA
HELLYAAA

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!

11mo ago
WittyFeed
WittyFeed

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
TheOatmeal

Hey @WittyFeed , can you check your discord please :)

spymig
spymig

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
Discover more
Curated from across
FrillyCrab4
FrillyCrab4Leap Scholar16mo

PM vs VC track.

Yoe: 2 years Tc:32 lpa fixed. Bg: top 5 IIT, 2 years of PM experience where I led two major 0-1 products to completion independently and had a direct revenue impact of around 25 Cr. At a crossroad in my career where a top partner in a ti...

PocusDweeber
PocusDweeberStealth17mo

High growth startup or Consulting?

Im currently working at McKinsey and want to understand if working at a startup in a strategy.growth role is better. What are the factors i should be thinking about before making the switch?

StrAngEr
StrAngErStealth6mo

PM Vs Consultant

Hi folks, hope you all are having a wonderful day!

I'm in a dilemma and need your expertise!

I'm a senior consultant(mix of business analyst and consultant) at a mid size organization with 3 YOE, 16 LPA from tier 1 college.

From my u...

UnsightlyQuit
UnsightlyQuitEquirus4mo

Looking for some guidance

Graduated from NMIMS in 2023- BSc Finance. Interned at some marquee IB firms and startups.

Working at an NBFC in an MD's office role- Strategy Consultant since then.

Having done multiple projects for the company, I now want to switch ...