Banking Tech vs Consulting

Originally Posted by megalomaniac

I see. Don't want to mention the name of the firm directly, but similar peers would be RB, ADL, LEK, and Simon-Kucher.

OW? Dont need act so high and mighty, people trying to help you here. More info the more they can help you make an informed decision.

Most likely TS gotten an offer from DBS and Accenture.

And accenture one probably not in real 'strategy'. You are better off choosing DBS.

[megalomaniac]

Originally Posted by Unregistered

OW? Dont need act so high and mighty, people trying to help you here. More info the more they can help you make an informed decision.

When am I acting high and mighty? I don't want to give names because I don't want to be identified. Just abit kiasu here but I appreciate the help.

[megalomaniac]

Originally Posted by megalomaniac

When am I acting high and mighty? I don't want to give names because I don't want to be identified. Just abit kiasu here but I appreciate the help.

For argument's sake let's just say DBS and ADL.

Originally Posted by Unregistered

Never heard of tier 3 consulting firms. If the offer is not from OW/Kearney/RB (tier 2 strats), you’re probably better off going into local bank BO. No idea what’s with ‘glamour’ nowadays, BO in a bank will still enable you to live very decently.

Perhaps you can share the name of the consulting firm (or similar peers)?

Tier 3 refers to the consulting arms of the Big 4, no? Maybe the recent acquisitions of Monitor, Parthenon, Strategy& helped boost their prestige but historically Big 4 consulting were considered sucky sweatshops

Originally Posted by megalomaniac

For argument's sake let's just say DBS and ADL.

Lol see people still fixated on figuring which firm. All the best to you. Most likely you wont get any helpful advice here.

Do they pay the same? Consulting seems riskier and with a worse WLB.

[megalomaniac]

Originally Posted by Unregistered

Do they pay the same? Consulting seems riskier and with a worse WLB.

Nope, the consulting one is about 25% higher. So yes I see that as compensating the risk and poorer WLB.

[megalomaniac]

Originally Posted by Unregistered

Lol see people still fixated on figuring which firm. All the best to you. Most likely you wont get any helpful advice here.

Haha thanks! Well, trying my luck here

I’m very curious, what value add does a consulting firm provide ? Do the proposal provided give u additional 30% (example) more revenue ?
How they should go to market , etc ? Isn’t these what marketing & sales people should do ?