Moving to a developing region for MBB

‘Just dont want to risk my long term career here for 2 years in MBB in another region. what do you think?’

Then don't risk it. 

I understand the situation. I actually had a similar conundrum. 

You need to figure out what is most important for you and what you are willing to risk for it. 

Theoretically, you can build an argumentation for both sides. 

Stick with the developed country, get the residence, consider moving up the tiers here and if you like it, even go to the developing country afterwards. 

Go to the developing country, get the MBB brand, maybe you even like it and want to stay there, if you want to go back, the MBB name will make it easy to find opportunities back in the developed country. 

But realistically, you can't know how these will play out. So what you need to decide instead is what is most important for you and what is the appetite for risk that you have to support it. 

Best,
Cristian

Hi there,

First of all, congratulations on the offers!

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

• First of all, could you please tell me something about your alternatives to the MBB offers and about your home country and the countries of these MBB offers?
• Moreover, the concern about visa sponsorship and the potential difficulty in returning to the developed country is valid. However, most consulting firms support global mobility for their employees, which could be a pathway back to the developed economy in the future.

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

Best,

Hagen

(edited)

Hi there,

Congratulations on the MBB offers! In terms of your questions:

1) I am very curious, does anyone have any advice for what I should do in this case?

What are the alternatives if you don’t take the MBB offers? Without that, we cannot really comment as we cannot evaluate the options.

2) Will I still be able to get opportunities in the developed countries later on and them offering visa sponsorship?

It is difficult to comment without more information on your home country and the countries you are targeting. In general, consulting companies allow for a transfer after a few years of work, but this is not always the case.

You might be able to find some data on LinkedIn from previous candidates who joined the firms for which you have offers, so I would recommend checking that.

Best,

Francesco

Hey,

Personally, I'd take the MBB offer. It may be a once-in-a-lifetime opportunity for you to acquire that skillset which you'll hardly get anywhere else.

Regarding getting back to a developed region: I don't think it is going to be an issue with a few years of MBB experience. As a first step after MBB, you can probably move to a T2 company in the Middle East, at least, and then you can take it from there.

Alternatively, you are running the risk of not finding any good job in a developed economy and be left with nothing.

But ultimately, you'll need to decide what you value the most: living in a developed economy or building a skillset.

Good luck!
Nick

I can share my personal experience. I joined MBB Middle East office and I can say that the types of projects you work on make you quite well rounded - they tend to be quite interesting as the region is still building a lot from scratch unlike developed markets. 

I was easily able to get an exit opportunity in Europe in an International company. I have a lot of friends who transferred while with MBB to other offices in Europe/ US (they tend to easily accept the transfer if for personal reasons as they ultimately want to retain you).

Best of luck!

 

Hi there,

This is a really really big question, so please just tread carefully with the Q&A here.

It's like asking a forum for advice on a multi-million $ lawsuit or on purchasing a first home.

I don't have an answer here for you. There is risk in both approaches.

Taking MBB offer in developing region runs the risk of not being able to return to the developed region you're in.

Rejecting the MBB offer runs the risk of having a “lesser” (or no) job in the developed country. It is highly likely you end up with a “lower" offer than MBB. However, I'd say it's unlikely you end up with no employment.

You need to balance these risks and make your own internal decision. All we can do here is help you understand these risks - ultimately, that both decision do carry risk.

You can always move to another country if you do well in MBB in any country. Put in the 2 years and if you feel you are missing out on pay and benefits, apply for a transfer. It happens all the time and is very common.

Yes, if you leave it's going to be difficult to come back. 

But going to MBB + having already studied in the region gives you decent chances of being able to return.

At the same time, if you stay in a less interesting job, may be difficult to later on join MBB.

Finally, if you decide to stay but then don't get an offer… then you'll have to leave anyway.

Hi,

Is there a way to move to a developed country again, the answer is yes. I've known people who have started in MBB in developing countries, and then transferred after a couple of years.

Your key decision will revolve around how you think about and weigh:

1. Working in consulting
2. Living in a developing country vs developed country

Hard to tell without speaking to you further