What do people view as the prestige levels of consulting firms now? Of course MBB is still tier 1, but where do the other firms fall in terms of how they’re regarded within the industry?
Do you think the pay reflects the prestige?
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comments
They said, TC reflects impact.
If someone says they’re building a City from ground up, their TC should reflect their impact.
Also I know zero tech ppl wanting to go to consulting but every consultant at MBB wishes they could get into FANG for the cushy lifestyle and higher comp.
This was mind-blowing to me when I got into SW engineering. I always thought it was prestigious to be a "consultant". Maybe this is true outside of tech, but in the software industry, consultants are viewed at the same social standing as security guards or cafe workers. It's quite sad, since I'm sure many are pretty smart...
Grouping people from McKinsey with the contractors u see at office is insulting to them :) it’s like comparing someone working in Product to an IT guy at your office that fixes your printer. “Aren’t u guys both engineers working on computer?”
Also, management consultants don’t work directly with u (an engineer or engineering manager). They usually work directly with the c-suite.
Tier 2 - Apple Geniuses
Tier 3 - MBB
Tier 4 - The rest
(Looking at high level summaries is also pretty stupid because they don't capture complexities and impediments that no one anticipated, including the managers.)