Data science at MBB (McKinsey, Bain, BCG)

Microsoft fDBK44
Jan 3, 2018 8 Comments

Cross posting from tech lounge

I'm seeing a lot of emphasis on data science recruiting from these firms. Can they pay competitively compared to the tech industry?

Just looking for more details on what the jobs are like at these companies.

I'm currently in data science at Microsoft, no PhD but I have multiple publications in ML at top tier conferences (ICLR, NIPS, AAAI, etc.). I like applied data science more than research. It sounds fantastic in my head to consult for other companies, see what their data/needs are, and build custom ML solutions for them. Is this close to reality?

Pros, cons, comp info, etc. are all welcome.

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TOP 8 Comments
  • McKinsey / Consultant
    HydraM

    McKinsey Consultant

    BIO
    I travel for my job & collect points
    HydraMmore
    Don’t do it. If you aren’t a consultant in MBB, you are second class citizen. Pay is lower relative to your consulting counterparts. Also, you are a consultant’s bitch. Have to do their analysis, build excel data sheets, and explain every technical thing to them while they exclude you from client meetings & micro manage you.

    They will pay a fresh MBA/PhD going into consulting side about $150k base, $25k sign on, and about $20-35k performance bonus. For an fresh PhD going into Analytics, $102k base, no sign on, and no performance bonus. Raises are around 10-30% for consultants while Analytics get 1-2%.

    If you like to travel, it’s awesome. Otherwise it’s depressing as fuck to see your tech counterparts get paid a shit ton more while you spend your nights working out of middle of nowhere hotels and only have weekends to hang out.
    Jan 3, 2018 0
  • Oracle / Eng Madmaxf
    Cons - super busy travel (mon to thursday)
    Jan 3, 2018 4
    • Amazon DabOfRanch
      But to where tho (generally).
      Jan 3, 2018
    • Salesforce dogeplant
      Wherever you’re needed. Sometimes it’s cool places like Seattle, NOLA, NYC, and Toronto. Sometimes you’re stuck traveling to somewhere in the middle of Ohio like I was for 8 months.
      Jan 3, 2018
    • Amazon DabOfRanch
      Oh fuck Ohio
      Jan 3, 2018
    • Salesforce dogeplant
      Very much agreed.
      Jan 3, 2018
  • Microsoft / Strategy program22
    Lol Nips
    Jan 3, 2018 1
    • Microsoft fDBK44
      OP
      Lmao, no idea what they were thinking with that acronym...
      Jan 3, 2018

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