Consulting vs IB vs Big 4 - which one opens more doors for careers?

Discussion in 'Business, Careers & Education' started by merkur, Jul 26, 2010.

  1. ConcernedParent

    ConcernedParent Senior member

    Messages:
    4,234
    Likes Received:
    30
    Joined:
    Jan 20, 2009
    Location:
    West Coast is back for all you suckas
    Hay! I want career advice too!!!
     


  2. oman

    oman Senior member

    Messages:
    1,629
    Likes Received:
    1
    Joined:
    Mar 12, 2006
    Oman the Future Executive.

    i like the sound of this [​IMG]
     


  3. v.freeman

    v.freeman Senior member

    Messages:
    198
    Likes Received:
    0
    Joined:
    Jan 28, 2010
    Banking has best exit opportunities, in my opinion. Can go to corporate dev or or almost any other aspect of financial services. Obviously if you're at MBB you're not going to worry about placement, but I think the average banking analyst has more opportunities than the average consultant.
     


  4. Flambeur

    Flambeur Senior member

    Messages:
    5,057
    Likes Received:
    22
    Joined:
    Mar 19, 2008
    the career questions posted on SF are some of the most wankerish the human mind can conceive of.

    I hate to agree with you but this is mostly true..

    Oh and the answer to this thread is "it depends"
     


  5. merkur

    merkur Senior member

    Messages:
    2,907
    Likes Received:
    13
    Joined:
    Apr 5, 2008
    ..
     
    Last edited: Jul 30, 2011


  6. Flambeur

    Flambeur Senior member

    Messages:
    5,057
    Likes Received:
    22
    Joined:
    Mar 19, 2008
    IMPORTANT NOTICE: No media files are hosted on these forums. By clicking the link below you agree to view content from an external website. We can not be held responsible for the suitability or legality of this material. If the video does not play, wait a minute or try again later. I AGREE

    TIP: to embed Youtube clips, put only the encoded part of the Youtube URL, e.g. eBGIQ7ZuuiU between the tags.


    Welcome to three years ago... [​IMG]
     


  7. SirSuturesALot

    SirSuturesALot Senior member

    Messages:
    1,510
    Likes Received:
    2
    Joined:
    Sep 15, 2007
    Here's one from last year that hasn't been circulated ad nauseum: Wall Street Fighter 4.
     


  8. Stazy

    Stazy Senior member

    Messages:
    7,194
    Likes Received:
    438
    Joined:
    Sep 6, 2006
    Location:
    Toronto
    Can we create a "career and seduction advice" subforum so the morons can congregate among themselves?

    It's called styleforum
     


  9. gladhands

    gladhands Senior member

    Messages:
    2,267
    Likes Received:
    131
    Joined:
    May 5, 2010
    This is what's wrong with America. People can become consultants in fields in which they have not shown previous success. Consulting should not be an option for anyone with fewer than 10 years in their field.
     


  10. MetroStyles

    MetroStyles Senior member

    Messages:
    15,831
    Likes Received:
    30
    Joined:
    May 4, 2006
    Location:
    New York Shitty
    This is what's wrong with America. People can become consultants in fields in which they have not shown previous success. Consulting should not be an option for anyone with fewer than 10 years in their field.

    Orly? So you expect 35 year olds with 10 years of field experience to be doing Excel bitchwork? Yes, fabulous business model.
     


  11. gladhands

    gladhands Senior member

    Messages:
    2,267
    Likes Received:
    131
    Joined:
    May 5, 2010
    Orly? So you expect 35 year olds with 10 years of field experience to be doing Excel bitchwork? Yes, fabulous business model.

    I understand what you're saying, but I wouldn't want to pay consulting fees to someone straight out of B-School, or even worse, undergrad.
     


  12. MetroStyles

    MetroStyles Senior member

    Messages:
    15,831
    Likes Received:
    30
    Joined:
    May 4, 2006
    Location:
    New York Shitty
    I understand what you're saying, but I wouldn't want to pay consulting fees to someone straight out of B-School, or even worse, undergrad.
    Thankfully you are not one of the 95% of Fortune 500 companies that use management consultants and continue to do so despite the age of their project teams. Edit: I don't think you realize that consultants, especially younger ones, are used as mercenaries. You COULD as a company hire a smart Ivy grad to work for you for 10 weeks on a project...oh wait, no you couldn't because in-demand young workers actually want full-time jobs. So you see, it is a way of filling temporary labor needs without dealing with hiring and firing. The senior consultants are similar, but also brought in for obvious industry expertise.
     


  13. gladhands

    gladhands Senior member

    Messages:
    2,267
    Likes Received:
    131
    Joined:
    May 5, 2010
    I get why large consulting firms use consultants, and I get why consulting firms hire kids (they're cheap), but the problem lies in the fact that corporations are paying for expertise, that they may or may not be getting.
     


  14. MetroStyles

    MetroStyles Senior member

    Messages:
    15,831
    Likes Received:
    30
    Joined:
    May 4, 2006
    Location:
    New York Shitty
    I get why large consulting firms use consultants, and I get why consulting firms hire kids (they're cheap), but the problem lies in the fact that corporations are paying for expertise, that they may or may not be getting.

    Wrong. Like I said, corporations are paying for:

    a) expertise
    b) the manpower to execute on that expertise

    If a company just wants brief advisory they hire the appropriate project team. If they need to get shit done, and need good people to do it, they will hire a larger project team with both senior and junior people.

    Trust me man, the free market has figured out what the right price for this service is. It's not like America's corporations have been swindled for the last 50 years through a ponzi scheme called consulting.
     


  15. Flambeur

    Flambeur Senior member

    Messages:
    5,057
    Likes Received:
    22
    Joined:
    Mar 19, 2008
    ^^^^^ word

    It's not really about specific "expertise" most of the time
     


Share This Page

Styleforum is proudly sponsored by