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T2 Consulting or Big4 Strategy Specialization Unit

consulting tier2
New answer on Mar 13, 2024
8 Answers
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Anonymous A asked on Mar 09, 2024

Hello everyone,

After 2 years of in-house consulting at a DAX company in France I have received two offers

T2 Consulting (Roland Berger, Oliver Wyman)
Big4 Strategy (Monitor, Parthenon)

At first glance, it is clear that you should choose the better brand, in this case T2. However, in my case, I am very specialized in one topic (Venture Architect) and some mentioned Big4 Strategy consultancies are much more strongly represented there than RB, for example.

Should I defy the brand and start at a Big4 consultancy and pursue my passion? Or start with Big4 Strategy and switch later for the "brand"?

Some people who later made the exit in this area (venture leads) were more likely to have been at a Big4 or sometimes only have boutique experience. However, this observation is based on a small sample.

Looking forward to your feedback

 

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Francesco
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replied on Mar 10, 2024
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

Congratulations on the offers! In terms of your question:

Q: Should I defy the brand and start at a Big4 consultancy and pursue my passion? Or start with Big4 Strategy and switch later for the "brand"?

It depends on how much you value the brand of the Tier 2 in terms of your goals.

In general, to decide between offers I would consider the following:

  • Where do you want to be in 5-10 years? Try to identify the company that can help you to achieve that goal faster. You can check LinkedIn for that (see below).
  • If you consider the average person you talked to in each company, which one would you rather be? You will spend a lot of time with your colleagues in the next years - be sure you choose a company where the people are close to the person you want to become.
  • If money and prestige were not a consideration, which company would you choose? This could help you to identify additional elements to weigh you have not considered yet.

In terms of future exits, you can check them as follows:

  1. Look for alumni of the two companies on LinkedIn.
  2. Check how many moved to your preferred exits in your target region.
  3. Normalize for the size of the companies in the region.

If you want to do extra due diligence, you can contact Alumni of your university (not current consultants) who worked for the possible alternatives (bonus if they worked for both). Most likely, you will learn more in a 30-minute call with them than with any online research you might do.

Good luck!

Francesco

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Anonymous on Mar 11, 2024

I think I should add here that for the big 4 strategy consulting units, I am considered as a senior consultant, whereas for the other companies, I am just a consultant on a 2nd level (after first promotion round) Would that change something in your assessment? Wouldnt it make sense to join as a senior consultant and move rather quickly to tier 2 to leverage that quick promotion?

(edited)

Francesco on Mar 11, 2024

Hi there, I don’t think long-term the difference in seniority will matter much compared to other elements (in particular the exit opportunities). Additionally, if you move to the Big 4 and then to the Tier 2, they might not recognize the same seniority and ask to join at a lower level, so also in that case that might not matter. Hope this helps

Anonymous A on Mar 11, 2024

What would you say, if I wanna be a freelance consultant later on? Would you change your opinion then?

Francesco on Mar 12, 2024

Hi there, there are many variables related to that (eg what exactly you would like to do as a freelancer). In general, I would still recommend the method indicated above to assess exits. Hope this helps

Ian
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replied on Mar 10, 2024
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hmmm sorry why is T2 automatically the better brand?

It depends on which T2 and which Big4 and it depends on their status in your specific country/region (France/Europe I presume)

We don't really have enough info here (your exact goals now and into the future, your values, the offer/compensation, etc. etc.).

However, in general, trust your gut. Also, in general, go where you will enjoy the work/people and feel supported.

Finally, I do often advise people to take the job they want NOT the job that eventually maybe possibly leads to the job I want. Why go round-about when you can skip and go direct to what you want to do (e.g. Big4 “passion” in this case)

^again, this advice is hard to give with full confidence without knowing you better and having a full, detailed discussion with you!

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Udayan
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replied on Mar 10, 2024
Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

I really like your approach here- look at where you want to end up and see what companies those firms hire from. Even limited data is usually more than enough to give you a good sense of which option to pick.

Another thing I strongly encourage you to do is to find people whose careers you want to emulate, reach out to them for a 15 min chat and ask their opinion of what you should do. That will give you a great sense of how people in those companies think about your options from a hiring perspective.

Many congratulations on your offers and wish you a very successful career ahead!

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Hagen
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replied on Mar 11, 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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Cristian
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replied on Mar 11, 2024
#1 rated MBB & McKinsey Coach

You're going to make it easier for yourself to answer this question if you just reflect on the long-term goal. 

Do you want to be know for your expertise in a specific topic? Then go to the Big4 that provides you with the opportunities for this. 

Or do you want to have a big brand on your CV? Perhaps move to an even bigger brand a couple of years? Then take the T2 offer. 

There's no better between the two. It's rather than one or the other is better IN RELATION to whatever your objective / goal is. 

Congrats on the offers btw! That's amazing. 

Here are a couple of resources that should help with your first year in consulting:

Best,
Cristian

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Alberto
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replied on Mar 13, 2024
Ex-McKinsey Associate Partner | +15 years in consulting | +200 McKinsey 1st & 2nd round interviews

Hi there,

This is a very personal decision you can only evaluate. I would consider the following criteria to frame the decision:

  • Alignment with your long term goals
  • Learning curve and type of projects / topics
  • Working environment and culture
  • Lifestyle (hours, travel, etc.)
  • Compensation

Try to order them based on your priorities and make a pros / cons list of each option.

Best,

Alberto

Check out my latest case based on a real MBB interview: Sierra Springs

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Florian
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replied on Mar 11, 2024
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Hi there,

Congrats on the offers!

The best approach would be to look at it backward. Find people on LinkedIn who work in your target careers and see their career paths. If you have identified what gets you to this quicker with a higher chance, go for it.

Lastly, careers are not linear. I believe both T2 and B4 allow you to reach whatever goal you have if you approach it well (e.g., think about networking along the way).

All the best,

Florian

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Pedro
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replied on Mar 12, 2024
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA

You are approaching this in the wrong way! Don't try to answer this using an “outside-in” generic approach.

You have no guarantees that any of those Big 4 (or Tier 2) is has that type of work in their portfolio of services (in that office) nor that they will allow you to work in that type of service.

You have to reach out to them, ask about that offering, and understand how likely you are to work in that field.

Only then you will be able to make an informed decision.

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Francesco gave the best answer

Francesco

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