Hi guys, would like to hear your advice on this topic. I'm currently working at big four's strategy arm, and I heard that MBB always “downgrade" people if they are joining from other firms.
I'm currently 1st year manager at my firm. Big four's promotion is more prolonged compared to MBB (note: usually 3 years manager before promoted to senior manager).
My question here is, if I stay at my firm 2 years more (I will be either 3rd year manager or promoted to senior manager), will I definitely be downgraded to 1st year consultant role if I join MBB? Also, should I at least be promoted to senior manager at my firm first, so that I can apply for a manger role at MBB instead of consultant role? How exactly does MBB's recruitment system work and how do they decide the ranking of new hires?
I'm quite puzzled as I've seen people with 15 years of M&A experience downgraded to junior consultant level at MBB. Really appreciate your insights!