Hellooo, do you have experience with shifting from consulting firms such as Strategy&, ATK, Roland Berger, Oliver Wyman towards MBB? Are your chances better or even worse? When is the best timeframe to take this step? Thanks!
From Tier 2 to Top Tier Consulting Firm
This is really not an easy move, and will be difficult at best. But I have seen it happen among some of my colleagues that went from goetzpartners, arguably a tier-2 firm, to MBB. I think chances are better than for lateral hires from the industry just due to the fact that you already posess the consulting skill-set.
I believe chances are best when you have deep, demonstratable expertise in a very specific field where the Tier 2 firm is on par with MBB - let's say Berger in Germany for automotive.
And you will most likely not manage to get a promotion along with it, but rather move horizontally. While a move from MBB to tier 2 or to another firm in the same tier is often sweetened with a move up in the hierarchy.
Hope that helps,
Elias is exactly right - few more data points on this:
1. A classmate of mine spent 2 years at Infosys (tier-2), but started from ground 0 at Strategy& (bottom of tier 1 perhaps?); a year later, he still thought it was definitely worth it - and he is now about to make partner there!
2. While interviewing at BCG (as an industry hire), I was competing against a consultant from Strategy& who wanted to move up the chain; I got in, he didn't
3. My very first BCG partner was an ATK senior principal who came to BCG as a junior principal; years later, he was extremely happy with that move
4. While at BCG, one of my colleague had done 2 or 3 years at a boutique firm earlier, and he was outstanding at BCG, promoted early & all; now a principal
Bottom line: You can switch/move up, but it is no slam dunk and that might mean losing a couple of years of tenure; if you do manage the feat however, odds are you'll be really good and have a successful career in that second company if you are a cultural fit
You confirmed exactly the assessment of some colleagues. Thank you very much Elias!
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