<p>How hard would it be coming from GS?</p>
<p>Harder. Too old.</p>
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Let's put it this way: In consulting, you get to at least have a life. If you work in M&A, it's bascially over.
[/quote]
</p>
<p>Consulting could be just as bad, if not worse, than M&A. If you're in consulting you could be stuck on location at some company's headquarters in Bumblef***, Squarestate for a few weeks thereby depriving you of having any life whatsoever.</p>
<p>Could be, could be, but then loads of stuff could be. Chances are higher that you'll get decent times in consulting, whereas in M&A, you're definitely gonna work like a dog.</p>
<p>my exact question - average chances for a GS grad.</p>
<p>is age really a factor?</p>
<p>What if you are obviously not "old"? Like 23/24?</p>
<p>
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The analysts who worked for me were in "the front office", actually working on transactions. In many cases they made meaningful contributions on transactions well into the hundreds of millions of dollars. They worked their butts off, but usually had a lot to show for it in the end.
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<p>Who knew formatting the charts in the powerpoint presentation delivering the fairness opinion to the Board is a meaningful contribution! ;)</p>
<p>Hm... if that's all they do, then I'm doing just as much as analysts, :D.</p>
<p>
[quote]
Consulting could be just as bad, if not worse, than M&A. If you're in consulting you could be stuck on location at some company's headquarters in Bumblef***, Squarestate for a few weeks thereby depriving you of having any life whatsoever.
[/quote]
Even when I was flying to Rutland, VT for a month, never once was I jealous of my buddies who were working 18-20 hours a day on M&A deal teams. We could leave the office by 6 or 7, even if we had a little work to do from our (nice) hotel rooms later on. We'd have nice dinners out, not just chinese delivery to the office. There were always options I could choose in order to get enough sleep (like, say, not reading or coding for pleasure). My bosses were just as smart and much more competent than I was, as opposed to just being more well-practiced ass-kissers.</p>
<p>I could go on, but I think the point here is that you don't know what you're talking about, C02. Instead of getting defensive, just stick to posting about what you know.</p>
<p>The only thing I'm not too fond of is the pay. I mean it's still pretty damn good, but if you want to go to B-school, a consulting pay might not be enough if you want to go back to school after 3 years. Or do the top firms pay for your tuition? I think HF would be really nice to work with, but so damn hard to get in.</p>
<p>
[quote]
Even when I was flying to Rutland, VT for a month, never once was I jealous of my buddies who were working 18-20 hours a day on M&A deal teams. We could leave the office by 6 or 7, even if we had a little work to do from our (nice) hotel rooms later on. We'd have nice dinners out, not just chinese delivery to the office. There were always options I could choose in order to get enough sleep (like, say, not reading or coding for pleasure). My bosses were just as smart and much more competent than I was, as opposed to just being more well-practiced ass-kissers.</p>
<p>I could go on, but I think the point here is that you don't know what you're talking about, C02. Instead of getting defensive, just stick to posting about what you know.
[/quote]
</p>
<p>My post was in response to the "having a life" point that I quoted, not which is a better overall job. Working hellish hours in NYC obviously deprives you of having a life. Being on the road living out of a suitcase in crappy towns also deprives you of having a life. I've done both. They both suck. I think I know what I'm talking about.</p>
<p>Not many people I know "go out" during the week. If i'm on the road monday-thursday and then come back thursday night and can do what i like friday night and all weekend (except for those occasions when I have some work to do in the afternoons), then I still have a life. Consulting firms don't ask you stay over the weekend unless you're on another continent, in which case they have ways of compensating you.</p>
<p>What consulting firm did you work for, C02?</p>
<hr>
<p>Pearfire - the bigger consulting firms usually make you a deal, if you survive your analystship, that they'll send you to business school and pay for it and give you a stipend while you're there, if in exchange you agree to come back and work for them for at least two years after your MBA. And it's not legally binding that you have to come back, but if you renege they make it a loan. The thing is, starting consultant pay out of the better B-schools is around $120k. you can live on that, if you're careful =P</p>
<p>Hey guys.. I have another question. does employers on wall street discriminate against a particular race such as asian, native american, etc?? or maybe these races are at a disavantage when it comes to hiring??</p>
<p>"Pearfire - the bigger consulting firms usually make you a deal, if you survive your analystship, that they'll send you to business school and pay for it and give you a stipend while you're there, if in exchange you agree to come back and work for them for at least two years after your MBA."</p>
<p>Oh really? That's good news. But I don't understand what the firms get out of it. Working for at least two years seems like nothing. The human supply for consulting greatly exceeds the places that are offered, so why don't they just let their analysts go to grad school without paying for them and then recruit new associates? I guess the top consultancies wouldn't have problems finding ppl from Top B-schools, no? Yes, of course 120k without being indebted is a lot, but if you don't get a sponsor for you MBA, you'd have to live more frugaly. Thanks for sharing the info btw!</p>