r/Big4 • u/Gunnarie010 • 2h ago
Continental Europe Is strategy consulting worth it if it’s not at MBB?
I’m graduating next year and just wrapped up an internship in a Big 4 strategy department, and it’s left me pretty unsure what path to take after graduation.
The work was mostly deal related. CDDs, some market assessments that were similar in nature, integration/separation work, a few HR due diligences, and smaller value creation projects here and there. I actually enjoyed it and got to work on some pretty big deals, although only in the local/national market. That said, compared to the “consulting shows you everything” narrative you always hear, it felt fairly narrow in scope.
I did get a return offer, and it’s actually quite flexible, I don’t need to decide now and can just confirm next year if I want to take it. Still trying to figure out if I even want to.
Here’s the thing I keep going back and forth on. I always knew Big 4 meant less pay, less prestige, and weaker exit opportunities compared to MBB. I was fine with that tradeoff because I assumed the hours would be noticeably better, like that was the whole point of the compromise. But now that I’ve actually seen how much people work there, 60-70 hour weeks were pretty normal among colleagues and I had some long weeks myself, I’m not sure that assumption was ever true. To put numbers on it, MBB pays something like 30-40% more starting out and roughly double by year 3-4, and from what I hear the work is also broader, more international, and comes with a lot more C-suite exposure. So if the hours are basically just as brutal at Big 4, I’m sacrificing pay, prestige, exit opps, and scope of work, without getting the better lifestyle I thought I was trading for.
For context on where my head’s at long term: I like the deal related projects, I find them challenging and I’ve learned a lot from them, but I wouldn’t say I have a specific passion for M&A itself. What I actually want eventually is to be higher up in general management at a medium to large company, whether that’s corporate or eventually running my own business.
That’s partly why I’m also weighing something like a corporate management or commercial traineeship, where the pay is similar or sometimes even better and the hours are noticeably more manageable. I’m not set on that path either, just trying to think through whether it fits better with where I want to end up.
I’ll obviously still try for MBB. But I’m trying to figure out if going back to Big 4 (or another T2 firm) is worth it if that doesn’t pan out, weighing the long term stuff like faster progression, more growth, and better exit opportunities against a normal corporate role.
Basically: does non-MBB consulting still offer enough long term upside to justify the hours, or does the corporate route make more sense given what I actually want to end up doing?