Do not switch into consulting if you are leaving IB because of long hours and burnout.

"Not that I expected meager hours, but oh my goodness how I'm burnt out. My social life is literally dying before it had a chance to start. I'm not sure if this burnout rate will continue, but I genuinely want to exit."

Consulting is not much better (it's better, but it's still 60-70 hours weeks PLUS travel and no social life Mon-Thurs).

You seem to care about work-life balance. If so, you cannot trade one bad for another bad.

All this said, leaving IB after 15 months is totally fine. Start the job search now. If you get an offer in hand, and stay at that future firm for 2+ years, you will be fine. No-one will raise eyebrows about this current role of 15 months if you prove yourself in the next role!

While looking, make sure you know what you're getting yourself into. Try to avoid the big brand names in highly competitive industries (Banking, Consulting, Tech), IF you're burnt out and want a better work-life balance.

Hey,

If you have tried everything and considered your options, then there is no question of "chicken out". The current firm and role is not a fit for you. Thats it. This happens a lot and all you need is a good honest story to tell future recuiters i.e you joined the firm-> felt like a good choice-> you learnt abc, did xyz projects-> but the culture & values of the firm didnt align with you-> now you are looking for a new challenge & a better fit. Explain why consulting is the next right step for you.

Work life balance in MBB is NOT going to be any good either, perhaps not as brutal as your current IB firm. So make sure you make an informed decision.

All the best.

I've seen a handful of IB analysts join McKinsey London after 1-3 years. You will likely need to start as a BA but I have seen some who have progressed very quickly afterwards.

Hi, I confirm IB candidates are super appreciated by MBB, I have supported tens of them during the past years. I would definitely consider applying based on the context you describe. I would also look for corporate finance and PE practices to leverage your experience.

Best,
Antonello