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EY-Parthenon vs Accenture

Accenture Accenture Strategy Decision EY-Parthenon EYP eyparthenon Job offer offer
New answer on Jan 31, 2024
6 Answers
5.7 k Views
Anonymous A asked on Apr 14, 2021

Hi Community,

I am struggling to decide which offer to go for (my offers are both in Germany, for EYP and Accenture).

- EY-Parthenon: Offers a salary equal to MBB, seems to have a great community and work-life balance, I like their FMCG focus, they are not well renowned but working on their standing with a CAGR of 35%.

- Accenture: Worldwide renown, also good work-life balance, interesting digitalization focus, salary rather medium-low compared to other strategy consultancies.

Now my question: What would you go for? In terms of the German but also the worldwide market? Does anyone have insights into where EY-P is going?

Thanks a lot for your help :)

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Adi
Expert
Content Creator
replied on Apr 14, 2021
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Hey,

I have provided a lot of insights on Accenture previosuly. Have a look at below threads.

Make a choice based on the firm & role which is a better fit with your career aspirations, values and risk profile. Choices are never perfect as with every other event in life. So remove that pressure.

  • https://www.preplounge.com/en/consulting-forum/possibility-of-movement-from-accenture-to-mbbtier-2-8915
  • https://www.preplounge.com/en/consulting-forum/how-does-accenture-strategy-compare-against-t2big4-regarding-compensation-and-exit-opportunities-in-germany-8920
  • https://www.preplounge.com/en/consulting-forum/deloitte-consulting-vs-accenture-strategy-consulting-in-europe-9885
  • https://www.preplounge.com/en/consulting-forum/what-makes-accenture-strategy-stand-out-besides-the-ability-to-be-involved-in-an-end-to-end-solution-for-the-client-9418
  • https://www.preplounge.com/en/consulting-forum/accenture-strategy-consulting-9886

Congrats and all the best choosing.

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Francesco
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Content Creator
replied on Apr 15, 2021
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

I would consider the following:

  1. Where do you want to be in 5-10 years? Based on that, look for how many alumni are more present in that field. It is not relevant that Accenture has more Alumni, if they are not related to what you really want to do in your life.
  2. If you consider the average consultant/partner you talked to in each company, which one would you rather be? Quoting Jim Rohn, you are the average of the five people you spend the most time with. And you will spend a lot of time with your colleagues in the next years. Be sure you chose a company where people are close to the person you want to become.
  3. What is your gut feeling telling you? Our gut feeling is able to catch elements we cannot rationalize. You may “feel” a company is better, but don’t know exactly why. Don’t base your decision on that only, but dig deeper on why you feel that way.

If you want to do extra due diligence, contact Alumni (not current consultants) that worked ideally for both. You will learn more in a 30min call with them than with any online research you may do.

Best,

Francesco

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Ian
Expert
Content Creator
replied on Apr 14, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

While Accenture is probably objectively a bit better, I get a strong sense that you are really drawn to EYP.

Don't let me put words/thoughts in your head, but, based on what you've written, you clearly want EYP. You're attracted to their offer, like their growth, appreciate their work-life balance and think you'd fit well in their culture...what more could you ask for!

Go with your gut here on where you will fit best!

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Denis
Expert
replied on Apr 14, 2021
Goldman Sachs Investment Banker NYC | Ex-Bain 5 yrs| MBA Chicago Booth | Passed > 13 MBB > 20 IB interviews

Personally, I d go for Accenture. Their reputation and overall profile seems to be slightly more attractive (at least to me). I have seen more ex-Accenture people in my MBA, at Bain, and also in IB.

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Hagen
Expert
Content Creator
replied on Jan 31, 2024
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi there,

First of all, congratulations on the offers!

I would be happy to share my thoughts on your question:

I would highly advise you to opt for the option that better aligns with your professional (and maybe even personal) mid- to long-term goals. In order to make an informed decision, I would advise you to do the following:

  • Weigh the different criteria that are meaningful to you independently of the current options (e.g., prestige, culture, international exposure, compensation, location). After that, score the two options based on your criteria and their weighting, resulting in two scores. This way, you have covered the left-brain perspective.
  • Critically assess your initial reaction to the outcome of the scores. For instance, if you feel the urge to tweak the numbers, this is a solid indicator that you do not want this decision to become reality. This way, you have covered the right-brain perspective.
  • By doing so, you will be able to integrate both parts of the brain into the decision-making, guaranteeing a higher chance that you will still be happy with it years later.

If you would like a more detailed discussion on how to address your specific situation, please don't hesitate to contact me directly.

Best,

Hagen

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Pedro
Expert
updated an answer on Sep 30, 2021
Bain | Roland Berger | EY-Parthenon | Mentoring Approach | 30% off first 10 sessions in May| Market Sizing | DARDEN MBA

EY-P is closer to MBB positioning and type of work. In Germany it is the result of the original Parthenon + the acquisition of OC&C + bolt on team “grabs” from MBBs. So a lot of strategy people there.

In my opinion EY-P is very well positioned in everything related to transactions (growth strategy, commercial due dilligence, portfolio management, corporate strategy, post merger integration and carve outs). It's connection to EY gives them an edge in this arena, as EY-P joins forces frequently with EY-S&T for Corporate Finance / Financial Due Dilligence work. MBB and Tier 2 can't do this.

Can't give specific details on Accenture. My perception is that it is more focused on the digital / technological consulting, so a different type of work (more operations and execution). They are actually one of the winners in that space.

So I'd pick EY-P any given day, but you have to know what are your own preferences.

(edited)

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Adi gave the best answer

Adi

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Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
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