dukes wrote:
rhyme wrote:
dukes wrote:
Holy christ. It's so true too.. I'm laughing my a55 off. His descriptions are spot on. Seagull managers... bhahahha. Exactly. Assclown powerpoint nazi's... yup... more chevrons... lol.
His who needs food post is basically SPOT ON as to the typical consultant day.
Given that you've worked on both sides, I'd be interested to get your thoughts on this one:
https://www.gettingdrunkinfirstclass.com ... nt+banking
That one is basically just a joke. There's little truth to most of whats said there.
You don't work "10 to 15" hours in consulting. You work 60 at least. As for IB, 70 to 80 is low, i think its more like 80 to 90 or more. As for the travel, this stuff about first class is sort of true. You never get booked right into first class, at least no one I know whose worked with Booz, BCG, etc did, and I doubt these guys are. What is likely is that the firm reimburses you for upgrade vouchers, so if there's space, you'll go business class. The hotel quality portion is junk as well, you'll stay in perfectly nice hotels in IB. The palate quality stuff is also a bit over the top - yes, you will eat t-bone steak as often as you like as a consultant, but you wont be downing $2,000 bottles of wine... and dont' think that consultants dont order in chinese while stuck at work late. They do. As for remote work flexibility, its true that consultants are far moer likely to get to work from home on a Friday after a week of travel than an IBer. The 100,000 miles figure re miles is possible, but its not a given.
Take that post with a huge grain of salt, its all just joshing. The hours in MC are real, you wont fly first class, maybe business, otherwise economy plus, you will eat out a lot but you will also eat a lot of chinese food... oh and I almost forgot... the base thing. I disagree with the compensation part - MCs make good money, an associate can expect $110K + bonus at some of these firms. A IBer can expect the same base but a much bigger bonus. They also work 100 hours a week though.