I'm happy to share that I've been extended an offer to join McKinsey & Company as a fellow (business analyst) fresh out of school. In terms of my academic background, I've completed my bachelors in business administration (BBA) with a majors in marketing.
My thought process (and please do comment on this) currently is that I'll work at the firm for 3-4 years where there exists a possibility of bring promoted to associate and then look to exit management consulting into private equity, which seems to be a lucrative option at this time.
Now I completely understand if the above is entirely wishful thinking but I'd like to understand a few things.
- What is the best time to exit management consulting, I've read the average to be 2-3 years but I'm thinking a promotion to associate may be useful?
- Is private equity a possibilty given my background? It's unlikely that I will get to select which projects I work on this early in so I might not be able to work on DD or M&A projects.
- Should I consider an MBA first, i.e. after leaving consulting & before transitioning or is it important to have PE experience before masters?
- How can I better equip myself for a role in finance, perhaps giving the CFA?
I understand this post is long-winded and talks generally about a number of things however this is the starting point of this research so any direction would be greatly appriciated.