Management Consultant MBB Big4 etc etc etc

I’m working in big 4 audit as a year 2 associate and currently interviewing for a knowledge analyst role at one of the MBB. My goal is to become a generalist consultant, but its difficult to jump directly given the fact that im coming from audit.

Question is, how is the career prospect of a knowledge analyst? Is it possible to make a lateral jump to a consulting role? Is it a good career move to go from audit to MBB knowledge analyst or should I do an internal transfer to the big 4 consulting service line instead?

Originally Posted by Unregistered

I’m working in big 4 audit as a year 2 associate and currently interviewing for a knowledge analyst role at one of the MBB. My goal is to become a generalist consultant, but its difficult to jump directly given the fact that im coming from audit.

Question is, how is the career prospect of a knowledge analyst? Is it possible to make a lateral jump to a consulting role? Is it a good career move to go from audit to MBB knowledge analyst or should I do an internal transfer to the big 4 consulting service line instead?

Pass the problem solving test first la. Dont get your hopes high.

Which companies are in the tier 2 status? Is Accenture Strategy counted?

Originally Posted by Unregistered

Which companies are in the tier 2 status? Is Accenture Strategy counted?

Tier 1: MBB
Tier 2: OW, Kearney, LEK, RB
Tier 3: ACN strategy, big 4 strategy arm (monitor, Parthenon etc)
Tier 4: the rest

This is ranked based on pay, scope of projects and exit opps.
While tier 2 pays better than 1, the doors they open are unparalleled
Tier 3 often struggle to pay as well as even tier 1 and do not usually have the juicy assignments
Tier 4 is the likes of operations/technology consulting

There is nothing wrong with choosing one over the other, there are only so many limited seats, just a reminder to go in with your eyes open and your long term goal in mind

Originally Posted by Unregistered

I’m working in big 4 audit as a year 2 associate and currently interviewing for a knowledge analyst role at one of the MBB. My goal is to become a generalist consultant, but its difficult to jump directly given the fact that im coming from audit.

Question is, how is the career prospect of a knowledge analyst? Is it possible to make a lateral jump to a consulting role? Is it a good career move to go from audit to MBB knowledge analyst or should I do an internal transfer to the big 4 consulting service line instead?

Both options are difficult, what do you want to achieve taking a long detour towards joining mbb? There are alternatives if you want to enter a higher paying interesting job.

1) moving into big 4/lower tier consulting: for evaluation sake I would assume you are not including the likes of tier 2 strategy houses (which are almost as difficult to get in as mbb), here you get the facade of being a consultant, but often the projects you do and the salary you are on will expose you are not a consultant. Still, the rare juicy project comes by and if you are lucky to get staffed, it’s a good cv builder. I know of some who have gone from Deloitte consulting to monitor to mbb. Again, very slim and long route

2) internal transfer from knowledge to consultant in mbb: I do know some who have gone into this, but have not heard of anyone becoming a consultant. Logically reasoning, you are competing for the brightest grads for the same role. Apart from potential, they have a longer runway than you, why would they transfer someone away from an existing role (that they have to backfill) to one that already has many bright candidates, without any proof you are better?

If these are your only two options, I would suggest 1. But really I’d ask you to reconsider your motivation for mbb

Originally Posted by Unregistered

Which companies are in the tier 2 status? Is Accenture Strategy counted?

Accenture strategy increased pay to 6.8k all in as of this year. Fresh grad.

Originally Posted by Unregistered

Accenture strategy increased pay to 6.8k all in as of this year. Fresh grad.

What a load of crap. Strategy Analyst is still same at 5k ish.

[chickpig]

Originally Posted by Unregistered

Tier 1: MBB
Tier 2: OW, Kearney, LEK, RB
Tier 3: ACN strategy, big 4 strategy arm (monitor, Parthenon etc)
Tier 4: the rest

This is ranked based on pay, scope of projects and exit opps.
While tier 2 pays better than 1, the doors they open are unparalleled
Tier 3 often struggle to pay as well as even tier 1 and do not usually have the juicy assignments
Tier 4 is the likes of operations/technology consulting

There is nothing wrong with choosing one over the other, there are only so many limited seats, just a reminder to go in with your eyes open and your long term goal in mind

I'm sorry but RB pays less than ACN Strat, Strategy&, Monitor. They only pay better than Parthenon

Originally Posted by Unregistered

Tier 1: MBB
Tier 2: OW, Kearney, LEK, RB
Tier 3: ACN strategy, big 4 strategy arm (monitor, Parthenon etc)
Tier 4: the rest

This is ranked based on pay, scope of projects and exit opps.
While tier 2 pays better than 1, the doors they open are unparalleled
Tier 3 often struggle to pay as well as even tier 1 and do not usually have the juicy assignments
Tier 4 is the likes of operations/technology consulting

There is nothing wrong with choosing one over the other, there are only so many limited seats, just a reminder to go in with your eyes open and your long term goal in mind

Good sharing, thanks

Originally Posted by chickpig

I'm sorry but RB pays less than ACN Strat, Strategy&, Monitor. They only pay better than Parthenon

lol so true... ppl should just check glassdoor for salaries. pretty accurate.

RB not great in Asia. LEK OW (AT)K for the win!