| Topic Name: |
Hate Banking.. Want Consulting |
| Message Name: |
re: IB vs MC |
| Date Posted: |
09/23/2003 |
| In Reply To: |
Been in both industries...
Trade-offs for hours vs travel--think about it this way:
1) When you are working 100 + hours as a banker, you don't get to see your friends or have a sexlife.
2) When you are traveling out of town every week (which CAN add up to 100 hours with the work and travel), you still don't see your friends or have a sexlife, because you are not in the same place where your friends and loved ones are.
I would agree that the type of work is very similar between IB and MC: You work magic analysis on Excel, then plot the results into Powerpoint presentations. I would definitely NOT say that 95% of MC work is "real." The pages we produce/analysis we do also get thrown out the next morning. It really all depends on who you are working for.
The main difference is the problems are more concrete in Banking. In MC, they can change from client to client--and you get to struggle with no data yet still needing to produce answers.
Travel takes its toll on you, especially if you are doing it every week, for years. It's the trade off for working longer hours in the office (but in-town). You also have to figure that if you are out of town, it just makes the stupid things (errands, doctors appointments, etc.) more difficult.
Hope this helps.
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| Message: |
By the way--I preferred my banking life...The grass isn't greener on the MC side.
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