MBB management consulting vs FAANG swe

Aug 1, 2021 36 Comments

Facts based on discussion with quite a few people:
FAANG swe make 500-700k at top few in 10 years post graduation. (Ignoring stock appreciation as that's not your real pay or market value if you switch)
While MBB make 500-700k avg in 2yr work ex+2yrmba+7 years post graduation.

Comparing work hours.
Mbb work 58-65 hrs with 5-10 hr of travel
While faang you may have to work 40-60 hr/week

After the 9 yr mark mbb over take faang

Mbb making 1-10 M vs FAANG 1-2 M

It makes Mbb a better choice in terms of pay.

What would you choose and why?

#tech #finance

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TOP 36 Comments
  • Amazon
    lmowl

    Go to company page Amazon

    lmowl
    Hilarious. MBB 500-700K 7 years post graduation? Even Amazon rejected many MBBs who spent many years there. For those we hired, the maximum paid was 350K for L7. Tech can read cons and house of lies pooped by MBBs. Go to Fishbowl for advice. Blind is tech.
    Aug 1, 2021 2
  • Facebook
    Hooli.Chat

    Go to company page Facebook

    Hooli.Chat
    FAANG, don’t need an MBA or even an undergrad. The work is less soul-sucking.
    Aug 1, 2021 4
  • Google
    dOfr53

    Go to company page Google

    dOfr53
    Tech era isn’t going to stay forever. The pay will slowly decrease.
    Aug 1, 2021 2
    • On the contrary, a lot of business are adopting tech. So, I definitely think tech is here to stay at least for quality engineers who can command tc > 500k
      Aug 1, 2021
    • Google
      Bu9r10

      Go to company page Google

      Bu9r10
      for some fields like ML, data science, and security, which are growing. more and more diversification at big tech firms (off shoring) to lower cost cities in US, eastern europe, and of course India. wages will continue to decrease over the next 5-10 year unless very senior or specialized
      Aug 2, 2021
  • As someone who worked at MBB on executive compensation, I can confidently say that 5-Yr Post-MBA won't get you anywhere close to 500K. That's entry partner level salary, which is 7-9 years down the line, that is if you haven't already been counseled out. I'll let someone else speak to the FAANG expectations
    Aug 1, 2021 1
  • Lyft
    UmNU38

    Go to company page Lyft

    UmNU38
    Ex MBB here. Faang all the way. Less hours and way more money in the beginning, no MBA hiatus. That difference compounds to 1-2M over 10 years if you save and invest well
    Aug 1, 2021 4