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re: Harvard grad fired from Deloitte after tik tok video threatening to stab
Posted on 7/2/20 at 3:43 pm to 1BamaRTR
Posted on 7/2/20 at 3:43 pm to 1BamaRTR
Alright, could someone explain her job to me? Is this higher brow (and higher paying) than the consulting jobs at Deloitte that people I know from Big 12 and Sec schools routinely get?
Posted on 7/2/20 at 3:45 pm to BearsFan
quote:
Alright, could someone explain her job to me? Is this higher brow (and higher paying) than the consulting jobs at Deloitte that people I know from Big 12 and Sec schools routinely get?
It doesn't say what she is doing exactly, but she could be starting at 120k-150k depending on where she lives and what she's doing
Posted on 7/2/20 at 4:08 pm to BearsFan
quote:
Alright, could someone explain her job to me? Is this higher brow (and higher paying) than the consulting jobs at Deloitte that people I know from Big 12 and Sec schools routinely get?
Starting in their consulting practice on the East Coast would be around $90k salary, 15k signing bonus, and 10-15% annual merit bonus. So total comp in year 1 is close to 120k. People from SEC and Big 12 schools (besides UT/Vandy) aren’t regularly going into the management consulting practice at Deloitte out of undergrad. They’re going into advisory, audit, tax, etc.
The real payoff is the doors that get opened down the road. Consulting at Deloitte isn’t MBB, but there’s a pretty good path to a top B school after a couple of years. That’s when you get the $150k salary offers with a 40k signing bonus and 20% merit bonus. That path is much less accessible for people in other B4 practice areas.
This post was edited on 7/2/20 at 4:09 pm
Posted on 7/2/20 at 6:08 pm to BearsFan
quote:
Is this higher brow (and higher paying) than the consulting jobs at Deloitte that people I know from Big 12 and Sec schools routinely get?
Big D pays well for consultants.
Most of the SEC school grads are going into tax and audit. Not Consulting.
This post was edited on 7/2/20 at 6:09 pm
Posted on 7/2/20 at 8:01 pm to BearsFan
quote:
Alright, could someone explain her job to me? Is this higher brow (and higher paying) than the consulting jobs at Deloitte that people I know from Big 12 and Sec schools routinely get?
Their Strategy and Operations practice competes with (and pays like and is considered as or nearly as prestigious as) McKinsey, BCG, Bain, et al.
The really big accounting/consulting outfits (Deloitte, KPMG, EY, PwC, Accenture, and so forth) have prestigious strategy consulting practices nested inside that definitely bring in top tier talent. Deloitte and the like make bank from Harvard Business School, Stanford, Kellogg, Booth, MIT, etc. grads coming into their strategy practices at the MBA level. These practices will occasionally reach into, say, UGA or Kansas or Texas A&M if a superbly talented prospect presents himself or herself, but it’s not the norm - those people you know are working lower margin consulting work like implementation, operations, tech transformations, and so on.
Deloitte’s S&O practice (if that’s what she was going into) is definitely a premium gig - I will tell you as a grad of an MBA program from which they recruit heavily and as someone who’s been in strategy consulting for 7 years at two of Deloitte’s major strategy competitors that it’s competitive as fricking hell to get an offer from there. Like McKinsey, Goldman Sachs, Google competitive.
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