How is this any better than IB? I think people often underestimate the amount of hours for MC when comparing the two.
I did both (Lehman, Citi, McKinsey). Ibanking is worse. Ibanking culture is worse. Ibanking learning is worse.
I liked her observations about the perverse incentives created by the law-firmization of the structure of consultancy and the therapist-ization of the actual service being sold. Makes me wonder if a "just the facts ma'am" business model could even survive anymore.
I think these elements are only true to a partial extent. Yes partners and directors at McKinsey can be a therapist of sorts but all the executives I know would only participate in such activities as long as results were gained. They are under a lot of pressure to meet KPIs.