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09-05-2016, 09:08 PM
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Anybody know what level in Deloitte S&O is under Director? Is it SM or AD? Also, any idea of the salary range for SM/AD and Director?
Many thanks
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10-05-2016, 10:10 PM
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seriously in sg all the so called consulting is just a farce unless you are Bain, Mckinsey or BCG. just ask anyone who are in these big 4 audit firms, how much inefficiencies they ownself have. ironic that they have these consulting arms which are supposed to help clients solve these problems.
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10-05-2016, 10:18 PM
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Quote:
Originally Posted by Unregistered
Anybody know what level in Deloitte S&O is under Director? Is it SM or AD? Also, any idea of the salary range for SM/AD and Director?
Many thanks
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AD is usually 15-16k for consulting side
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12-05-2016, 01:13 AM
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Not sure bout the rate now but 3 year back, we was offered 3.5k. Indeed most of us already got job offers elsewhere but just attend the interview for exposure sake. They invited >20 of us and mostly from SMU (95%). This is sort of a different entity from Deloitte & Touche where Audit, Tax and Advisory sits.
Deloitte Consulting (indeed much more prestigious in UK) is just a tier 2 or 3 consulting firm here. After working a few years, I realized it is similar for all boutique and lower tier consulting firms to act atas (playing hard to get). Some have many rounds of interviews, some have bootcamp... It's all about branding because most (better) grads would go for MA programmes and first-tier consulting firms, which leaves these tier 2 firms with the not-so-good grads. But the quality of consultants/managers you meet during the bootcamp and the pay is a giveaway.
DC's pay is usually about 10-20% more than the Big 4 audit firms at each level (consultant, senior consultant...). In fact pay-wise I would even consider DC to be tier 3 or 4 as I know some boutique firms paying much better 6 - 8k for fresh grads. Didnt accept the offer as I'll be worked like a dog, office in an off-central location (not near MRT) and pay is low.
Exit options are limited, usually to boutique consulting firms, because you are experienced and cheaper or as cheap as their fresh grad.
Why target FCH? Because fresh out of uni, most not sure of their market value, Deloitte has a good global brand and out of so many FCH/SCH candidates, sure got a few will accept the offer. TADAH! Cheap and good labor
If you don't have much better options, it is considered a good starting ground, just like your peers in big 4.
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12-05-2016, 01:43 AM
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^^^ This guy nailed all the major points.
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13-05-2016, 01:20 AM
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Quote:
Originally Posted by Unregistered
Not sure bout the rate now but 3 year back, we was offered 3.5k. Indeed most of us already got job offers elsewhere but just attend the interview for exposure sake. They invited >20 of us and mostly from SMU (95%). This is sort of a different entity from Deloitte & Touche where Audit, Tax and Advisory sits.
Deloitte Consulting (indeed much more prestigious in UK) is just a tier 2 or 3 consulting firm here. After working a few years, I realized it is similar for all boutique and lower tier consulting firms to act atas (playing hard to get). Some have many rounds of interviews, some have bootcamp... It's all about branding because most (better) grads would go for MA programmes and first-tier consulting firms, which leaves these tier 2 firms with the not-so-good grads. But the quality of consultants/managers you meet during the bootcamp and the pay is a giveaway.
DC's pay is usually about 10-20% more than the Big 4 audit firms at each level (consultant, senior consultant...). In fact pay-wise I would even consider DC to be tier 3 or 4 as I know some boutique firms paying much better 6 - 8k for fresh grads. Didnt accept the offer as I'll be worked like a dog, office in an off-central location (not near MRT) and pay is low.
Exit options are limited, usually to boutique consulting firms, because you are experienced and cheaper or as cheap as their fresh grad.
Why target FCH? Because fresh out of uni, most not sure of their market value, Deloitte has a good global brand and out of so many FCH/SCH candidates, sure got a few will accept the offer. TADAH! Cheap and good labor
If you don't have much better options, it is considered a good starting ground, just like your peers in big 4.
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Brutal but true... Was at the bootcamp few years back. Was a Saturday I think, all of us dressed in shirt and blazer... some partners and consultants in jeans. Goes to show the respect they had for candidates. And for 3.5k job we had to go through all these!? seriously...
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13-05-2016, 03:20 PM
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I am with Deloitte and pay isn’t that bad. I have 4 years experience in a boutique firm and they offered me 9.4k. So far the hours are ok for management consulting, i.e. about 60 hours per week.
I find those who feel very negative in the job are always those who keep comparing themselves with MBB and end up get angry and complain about short changed. I am realistic about my own qualification and experience MBB will not want me, so Deloitte is quite a good place that pays ok for the industry for people like us.
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13-05-2016, 03:59 PM
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Quote:
Originally Posted by Unregistered
I am with Deloitte and pay isn’t that bad. I have 4 years experience in a boutique firm and they offered me 9.4k. So far the hours are ok for management consulting, i.e. about 60 hours per week.
I find those who feel very negative in the job are always those who keep comparing themselves with MBB and end up get angry and complain about short changed. I am realistic about my own qualification and experience MBB will not want me, so Deloitte is quite a good place that pays ok for the industry for people like us.
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Can you share a bit more about the work that you do?
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30-03-2018, 01:08 AM
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Junior Member
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Join Date: Mar 2017
Posts: 7
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Quote:
Originally Posted by Unregistered
seriously in sg all the so called consulting is just a farce unless you are Bain, Mckinsey or BCG. just ask anyone who are in these big 4 audit firms, how much inefficiencies they ownself have. ironic that they have these consulting arms which are supposed to help clients solve these problems.
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MBB are known to pay well and produce good work (supposedly), but for fresh grads from local unis, it's virtually impossible to get into McK and BCG. Only Bain takes in fresh grads, but their work is mostly on due diligence. Other global brands like Oliver Wyman, AT Kearney, L.E.K, Roland Berger, Marakon, etc. are certainly not the kind of farce you were talking about. These ones pay very well but certainly less than MBB (for entry roles only, idk about salaries for higher positions).
-----
I've had phone interview with Deloitte Consulting before (didn't get to the next round) on analyst role and from what I remember, the pay is around $3.5 max.
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