consulting vs. banking

<p>jnpn is sadly right :( </p>

<p>not that theres anything wrong with big4 accounting its a pretty competitive and rewarding industry in its own right</p>

<p>maybe this is because i go to Harvard, but I know plenty of people that are doing consulting for companies like McKinsey...</p>

<p>yeah, that is because you go to harvard :-)</p>

<p>oh, nevermind my comment then...</p>

<p>Guys, I was explaining Dawgie's reasoning. I obviously disagree with it.</p>

<p>for 98% of the public ibank/consulting/etc is way out of reach but for people at top schools its not really that hard.</p>

<p>considering the MAJORITY of people dont want ibanking or management conuslting, it really does not matter. This forum reflects the wants of very few</p>

<p>this is true southpasdena. most people don't even know about IB or management consulting. particularly the HS guys that are 80% of this forum. ( No offense to anyone because of their age I'm young too.)</p>

<p>doggie is one of those nerds you see on youtube who think their tough getting his ass handed to him by some big black dude</p>

<p>oh. bentley.</p>

<p>Consulting seems to be just as many hours among the people I know, but the payoff just isn't there. If I were chasing bucks it would be banking all the way.</p>

<p>It's always about the money.</p>

<p>
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doggie is one of those nerds you see on youtube who think their tough getting his ass handed to him by some big black dude

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</p>

<p>I've been avoiding this thread for a while, but I really have to comment now.</p>

<p>You people who keep on trashing Dawgie really need a reality check because it's evident that you have little clue of what you're talking about. Granted, he's harsh with his comments, but he is completely right. Most of you won't join the elite club, no matter how much you want to.</p>

<p>You can blame him for being a nerd who had no life in college, but his decision to not get trashed on the weekends allowed him to get into the Big 4. Many can give lip-service to ideals like hard work, but come college, most will end up partying every weekend and give up that original devotion to perspiration. I cannot speak for Dawgie as I'm a consultant, not an accountant. However, from personal experience, my co-workers are generally these nerds that you speak of.</p>

<p>Also, don't go into consulting if you're there for the money. Our firm works the employees much more than we are paid. More importantly, go into consulting because you 1) like it or 2) want to use it as a leverage to better positions. Nothing beats putting McKinsey on your resume when applying for management positions.</p>

<p>He doesn't have the job because he choose not to get trashed. Most people who achieve high success where very involved in their collegiate years. </p>

<p>He is working at a big 4 because accounting is for boring people, he would never make it in consulting, banking, or anything that involves people.</p>

<p>accounting involves a good amount of social contact. That is why the interviews and internships are heavily "fit" based.</p>

<p>
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He doesn't have the job because he choose not to get trashed. Most people who achieve high success where very involved in their collegiate years.

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</p>

<p>This is a joke, right? Getting trashed equals taking time away from being involved in school. If you're talking about the networking aspect, than you're evidently suffering from tunnel vision. There are many other (and more efficient) ways for networking that involves more than getting intoxicated at a party.</p>

<p>
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He is working at a big 4 because accounting is for boring people, he would never make it in consulting, banking, or anything that involves people.

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</p>

<p>Do you know anything about the field of business? </p>

<p>Since when did working at KPMG, E&Y, Deloitte, or PwC restrict you from being able to do consulting, banking, or anything that involves people? Hell, I doubt you even have any real-time experience in these firms; you really have no credible matter to share on this issue. Independent work will take up a majority of your time no matter what industry you are in. Moreover, just because you are not social does not mean you are not a good communicator. Some of the world's most nonsocial people have risen to the highest ranks: Bill Gates, John D. Rockefeller, and Donald Trump, to name a few.</p>

<p>No one wants to do business with people they can't relate with.</p>

<p>And your list proves nothing, bill gates doesn't need to be social, he basically invented the computer, rockefeller i'll give you, but trump needs to be social, whether you like him or not, he needs to be.</p>

<p>Getting trashed on saturday nights is EXPECTED in college, and the antisocial people are in the library studying on saturday night. I have a friend like that, smartest kid i know, I wouldn't hire him in any job that the MAJORITY of the time involved being social with people. </p>

<p>Accounting is boring, many accounting professors are boring, which equates to a boring job. </p>

<p>Lasty, No one will ever not give you a job because you went out and party saturday nights if the numbers are the same. What could you possible learn studying on a saturday and friday night, that you couldn't learn studying during the day in the middle of the week and sundays?</p>

<p>Thought so.</p>

<p>Also note: Being introverted doesn't mean you have no social/communication skills.</p>

<p>doing homework on saturday night = no social or communication skills</p>

<p>Simple example</p>

<p>1st year accountant: one assignment, audit inventory
1st ibank analyst: utilize excel to put together a pitchbook</p>

<p>and in either profession, the higher your position, the more you manage and the more you sell (client contact)</p>

<p>and you can really ascertain which is more boring then the other</p>

<p>Doing hmwk on a saturday can ALSO mean doing what is necessary in order to succeed. Your hasty generalizations are simply retarded.</p>