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Entrepreneur to MBA student. Work life balance in MBB?

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Entrepreneur to MBA student. Work life balance in MBB? [#permalink]

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New post 19 Nov 2017, 22:47
I own 2 biz and just sold 1 of it away. After selling my main biz, I am thinking of having a complete career change. I am planning to do my MBA with Insead and am wondering what options are there post-MBA.

I understand Insead is a feeder school for consulting firms but Ive also heard stories about the poor work life balance in the industry. Being a business owner with staff working with me, I do enjoy a good work life balance. I can't imagine myself working 12 hours per day now with no time for dinner with my family on a weekday for example. I have to say though that a Management Consulting role does interest me. Even more so if I can get headhunted to join a VC.

However, having a healthy work life balance is my top priority in choosing a career. Thus, I am thinking of General Management roles with F500 companies. Is this a good career choice? Is the General Management pay comparable with MBB? Or should I grind my teeth for a few years in MBB and hope to get headhunted to a more balanced company as I've heard that MBB associates are highly sought after.

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Re: Entrepreneur to MBA student. Work life balance in MBB? [#permalink]

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New post 20 Nov 2017, 08:23
99heyho wrote:
I own 2 biz and just sold 1 of it away. After selling my main biz, I am thinking of having a complete career change. I am planning to do my MBA with Insead and am wondering what options are there post-MBA.

I understand Insead is a feeder school for consulting firms but Ive also heard stories about the poor work life balance in the industry. Being a business owner with staff working with me, I do enjoy a good work life balance. I can't imagine myself working 12 hours per day now with no time for dinner with my family on a weekday for example. I have to say though that a Management Consulting role does interest me. Even more so if I can get headhunted to join a VC.

However, having a healthy work life balance is my top priority in choosing a career. Thus, I am thinking of General Management roles with F500 companies. Is this a good career choice? Is the General Management pay comparable with MBB? Or should I grind my teeth for a few years in MBB and hope to get headhunted to a more balanced company as I've heard that MBB associates are highly sought after.


MBB (and the consulting industry in general) is fly out sunday afternoon/monday morning to a job site, spend 4-5 12+ hour days there, and come home the final evening. Depending on the company, this may be thursday or friday evening. At some companies you may even work weekends, all depends on the client's needs. In the average week there isn't much balance and you certainly wont be home for dinner with your family outside of the weekend.

General management is better, but not all GM spots are created equal. It will really depend on the company and the time period. GM at an accounting firm will probably be slow for a month or two, and then a month of 80 hr weeks at the end of quarter. Operations GM will probably have swing shifts or loads of on call time. Etc/etc Some may just be 45 hr weeks, but that is a pretty rare thing honestly.

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Re: Entrepreneur to MBA student. Work life balance in MBB? [#permalink]

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New post 21 Nov 2017, 12:29
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99heyho wrote:
I own 2 biz and just sold 1 of it away. After selling my main biz, I am thinking of having a complete career change. I am planning to do my MBA with Insead and am wondering what options are there post-MBA.

I understand Insead is a feeder school for consulting firms but Ive also heard stories about the poor work life balance in the industry. Being a business owner with staff working with me, I do enjoy a good work life balance. I can't imagine myself working 12 hours per day now with no time for dinner with my family on a weekday for example. I have to say though that a Management Consulting role does interest me. Even more so if I can get headhunted to join a VC.

However, having a healthy work life balance is my top priority in choosing a career. Thus, I am thinking of General Management roles with F500 companies. Is this a good career choice? Is the General Management pay comparable with MBB? Or should I grind my teeth for a few years in MBB and hope to get headhunted to a more balanced company as I've heard that MBB associates are highly sought after.

If you are worried about work-life balance, you should steer away from consulting or banking.

General Management is a bit vague, typically you would work for a specific function at F500 (marketing, sales, finance, product, etc.). You don't get to "generalize" until you move up on the corporate ladder. The working hour on F500 is better in general than consulting. However, a 8-5 type of job if you want upward movement is hard to find. The annual pay will be less than consulting, but on an hourly basis, you'll be better compensated.

Given your goals, I would advise that you reconsider whether MBA is the right path for you. Post-MBA you will join the company as an individual contributor, with limited rewards based on the work you put in and restrictions on your autonomy.

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Re: Entrepreneur to MBA student. Work life balance in MBB?   [#permalink] 21 Nov 2017, 12:29
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Entrepreneur to MBA student. Work life balance in MBB?

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