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McKinsey BA Role worth it?

Currently working as a Bank Examiner. 2 1/2 YoE and a Masters in Finance. Limited progression opportunities where I am and feeling bored/stuck. 

Is it worth pursuing a BA role in McKinsey & Company that would pay almost same salary as my current role for the progression opportunities and exit opps? 

Should I just wait a couple years and aim for Associate w/out MBA?

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Franco
Coach
2 hrs ago
Ex BCG Principal & Global Interviewer (10+ Years) | 100+ MBB Offers | 95% Success Rate

Hi,

For me the key question is whether you want to try consulting or not, at least in the short to medium term. If the answer is yes (or even “I’d like to give it a try”), then I would apply now rather than wait.

The only reasons I would suggest waiting are if you are planning to pursue an MBA or expect to take on significantly larger responsibilities in your current role over the next 2–3 years that would materially strengthen your profile. Otherwise, I don’t see a strong advantage in delaying the move.

Also keep in mind that even if the initial salary is similar, the learning curve, progression, and exit opportunities in consulting can be quite significant.

Feel free to reach out if you have further questions.

Best,
Franco