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21 Mar 2020, 23:06
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souvik101990
Gauthamkailash
souvik101990
Gauthamkailash your point around the proportion of international students who are employed at graduation is a valid concern, but schools are often strategic in what those numbers really mean. If you can catch a hold of a current student you can get specific and real data on how many international student went to consulting/tech and also specific companies. I'd strongly recommend doing that research.
Pardon me, But what do you mean by "Schools are often strategic"?. And Sure! I'll add those to the list of data points I plan to get.
Don't quote me on this, but schools will often choose to include data that favors them. Some schools will do that more than others, so be wary of employment numbers when less than 90% of the students are not recorded.
Agreed. I have been referring to only CSEA audited numbers, hopefully that should be fair ground for analysis.
21 Mar 2020, 23:34
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Omg! Tier 1, 2, 3 - Another bias without any rationale?!
When Lehman was about to declare bankruptcy and the fed chair and president of USA wanted consultants to solve the issue, they called Alvarez & Marsal - despite MBBs and other firms having experts.
They made the strategy, M&As and turnaround. So that says that some of the other (their 3+) and no tier firms are also doing incredible work and there is no rationale for tiers. Imagine the exit opportunities for a kid who works at Alvarez and Marshall now. Bahaha
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When Lehman was about to declare bankruptcy and the fed chair and president of USA wanted consultants to solve the issue, they called Alvarez & Marsal - despite MBBs and other firms having experts.
They made the strategy, M&As and turnaround. So that says that some of the other (their 3+) and no tier firms are also doing incredible work and there is no rationale for tiers. Imagine the exit opportunities for a kid who works at Alvarez and Marshall now. Bahaha
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souvik101990
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21 Mar 2020, 23:44
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JohnJohnJ
Omg! Tier 1, 2, 3 - Another bias without any rationale?!
When Lehman was about to declare bankruptcy and the fed chair and president of USA wanted consultants to solve the issue, they called Alvarez & Marsal - despite MBBs and other firms having experts.
They made the strategy, M&As and turnaround. So that says that some of the other (their 3+) and no tier firms are also doing incredible work and there is no rationale for tiers. Imagine the exit opportunities for a kid who works at Alvarez and Marshall now. Bahaha
Posted from my mobile device
When Lehman was about to declare bankruptcy and the fed chair and president of USA wanted consultants to solve the issue, they called Alvarez & Marsal - despite MBBs and other firms having experts.
They made the strategy, M&As and turnaround. So that says that some of the other (their 3+) and no tier firms are also doing incredible work and there is no rationale for tiers. Imagine the exit opportunities for a kid who works at Alvarez and Marshall now. Bahaha
Posted from my mobile device
n=1 = anecdotal. McK also is known to do sketchy work in Saudi Arabia and China. EY M&A did MSFT + LinkedIn - those are all great projects and I am sure those consultants had incredible exits. We are not talking about edge cases here. I do agree with the exception of large megafunds and PE, exit ops could be largely similar.
Again, I would remind you that we are not devaluing what the Big 4 does - we are talking purely out of what a final year MBA student is likely to pick. My point is that they will likely pick tier 1 over tier 2 and tier 2 over tier 3. Barring a few exceptions, in the long term things will be pretty similar anyway.
Except comp - anything higher than manager, MBB outpay big 4 fast and by incredible margins. But then again, MBB tends to be up or out so not many people end up making it there.
I'd also let other consultants on the forum ENGRTOMBA2018 and jumsumtak to chime in.
Again, I would remind you that we are not devaluing what the Big 4 does - we are talking purely out of what a final year MBA student is likely to pick. My point is that they will likely pick tier 1 over tier 2 and tier 2 over tier 3. Barring a few exception, in the long term things will be pretty similar anyway.
