Banking Tech vs Consulting - Page 8 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Banking Tech vs Consulting

Reply
 
Thread Tools
  #71 (permalink)  
Old 18-06-2021, 11:42 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post

Strategy consulting will probably survive. Snake oil or not, C-suites dig it. Almost (if not all) the mergers / carve outs u see on Financial Times probably has a consulting team on it. However, the landscape, where they play, and margins may change.
Lame. Every M&A RTO buyout restructure etc has auditors lawyers and investment bankers on it too. Fact of the matter is that out of all the professional services, consulting brings the least actual value to anything.

Reply With Quote
  #72 (permalink)  
Old 19-06-2021, 12:18 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Lame. Every M&A RTO buyout restructure etc has auditors lawyers and investment bankers on it too. Fact of the matter is that out of all the professional services, consulting brings the least actual value to anything.
But who is brought in to recommend the m&a first?

Reply With Quote
  #73 (permalink)  
Old 19-06-2021, 12:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Lame. Every M&A RTO buyout restructure etc has auditors lawyers and investment bankers on it too. Fact of the matter is that out of all the professional services, consulting brings the least actual value to anything.
Value is subjective. Seems like management feels differently from you to be paying consultants then. Maybe they aren't as operationally savvy as you though

Reply With Quote
  #74 (permalink)  
Old 19-06-2021, 01:22 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Value is subjective. Seems like management feels differently from you to be paying consultants then. Maybe they aren't as operationally savvy as you though
Hahaha 'value is subjective" is the biggest crock of bull ive heard and is very much on brand with consulting in general.

In the same way missionaries go about telling people that they can't see, hear or feel god, but trust us, he exists!
Reply With Quote
  #75 (permalink)  
Old 19-06-2021, 01:27 PM
Unregistered
Guest
 
Posts: n/a
Default

Bottom line, if you are a fresh grad and have offers from MBB/Tier 2 (OW, Kearney, S&). you take it 99% of the time. Regardless of your major (simply because there is very little jobs out there offering the same pay/branding/exit opportunities at the start of your career).

Anything other than that becomes subjective. E.g. your acn/big 4/mid-tier strat firms.
Reply With Quote
  #76 (permalink)  
Old 19-06-2021, 01:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hahaha 'value is subjective" is the biggest crock of bull ive heard and is very much on brand with consulting in general.

In the same way missionaries go about telling people that they can't see, hear or feel god, but trust us, he exists!
And there you go - thanks for this. Look at how powerful religious organisations are in today's world.

If selling a "crock of bull" enables me to be successful to such an extent, just like these religious organisations, i'm down for it.

Value is subjective, in the sense that you don't seem to appreciate the industry while CEOs around the world do. Like I said, maybe you are just more operationally savvy and gifted than these corporate leaders who don't know what they are doing.
Reply With Quote

  #77 (permalink)  
Old 20-06-2021, 10:55 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by megalomaniac View Post
Really appreciate the inputs everyone! I've decided to go into banking tech as I'll be working on cloud infrastructure - hopefully avoiding having to deal with legacy systems. Like many have pointed out, I probably don't want to contend with the poor WLB associated with the higher pay, plus I think there's value in gaining more technical experience earlier in my career.
DBS? 10 char
Reply With Quote
  #78 (permalink)  
Old 21-06-2021, 02:13 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
DBS? 10 char
OP better go fix the double charging issue. Sibei dulan. Asia's best bank my foot.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
RPA analyst in tech consulting industry hithere Income and Jobs 3 12-06-2021 08:49 PM
Capgemini Tech Consulting Grad Prog kimata Income and Jobs 2 06-01-2021 10:34 PM
Accenture Technology Consulting vs Deloitte Consulting (Tech Advisory) rayand Income and Jobs 2 08-09-2016 10:38 PM
Investment banking/consulting career path from non-finance graduate ericjack16 Education and Personal Growth 2 10-05-2015 11:57 AM
IT starter trying to switch to Consulting or Investment banking Z060049 Education and Personal Growth 6 08-10-2010 05:46 PM

» 30 Recent Threads
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,331 Replies, 1,142,597 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
311 Replies, 369,474 Views
Career as Teacher ( 1 2 3... Last Page)
10,853 Replies, 6,672,124 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,322 Replies, 4,985,209 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,458 Replies, 784,883 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,806 Replies, 1,045,541 Views
Why Is Having a Google Virtual...
1 Replies, 6,786 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,240 Replies, 3,400,010 Views
JP Morgan ( 1 2 3... Last Page)
199 Replies, 173,514 Views
GovTech ( 1 2 3... Last Page)
5,163 Replies, 2,164,970 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,050 Replies, 440,837 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,534 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,772,987 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
171 Replies, 309,634 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
680 Replies, 388,927 Views
Compare civil service salary ( 1 2 3... Last Page)
16,343 Replies, 12,458,489 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,331,658 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,533 Views
Is getting a PMP worth it ?
4 Replies, 7,176 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,735 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,644 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,437 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,737 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,063 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,838 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,325,167 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,877 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,824 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,947 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,739,188 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:02 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2