MBB Research role vs Bulge Bracket FS inhouse strategy role?

Question

Below aren't the ideal options, but which one is better for long-term career progression?

MBB Research (Think Mck Research team, BCG Knowledge team) vs FS in-house strategy (Think GS, JPM, Blackrock etc.)

Answer 1

Hi Anonymous,

as in a case, it really depends by your goals; where do you see yourself in 10 years? If you are aiming to become a research expert, MBB research sounds more interesting. If you are interested to become an expert in the financial service industry or in general to make more money, FS in-house sounds better. The answer really depends by your long-term goal.

Best,

Francesco

Answer 2

Hi,

At MBB The research role is a supporting (non-consulting) role. Here are the implications:

You are specialized in a particular industry sector
You may or may not be assigned to a project. In most of the cases, you will have limited client-facing activities.
Lower salary
No international staffing, though lots of remote work with other offices

In-house strategy sounds more interesting due to faster career and more opportunities in-house (especially taking into account the digital transformation of Blackrock).

Best!

Answer 3

Each consultancy has people specialise at its own level and within a company some offices are different and individua... (read entire answer)

Each consultancy has people specialise at its own level and within a company some offices are different and individuals are different. Generally though for MBB you're looking at... (read entire answer)

Answer 4

Hello, I have known several people who joined a BCG Paris after having work for a few years in other consulting fir... (read entire answer)

Hello, I have known several people who joined a BCG Paris after having work for a few years in other consulting firms (either top 20 or boutique/specialized) Evaluation criter... (read entire answer)