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Big 4 or MBB?  


Christen
Posts: 3
 Christen
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(@Christen)
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Hi!
What are the differences between the Big 4 and MBB? Does anyone have experience in one of them? How is it like working there and how do I decide on one of them?

Thanks for answers and insights 🙂

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PayelG
Posts: 5
(@payelg)
Junior Consultant
Joined: 6 months ago

Hi Christen,

I have worked for a Big 4, so I can state my experience and the difference between MBB vs Big 4

1. Big 4 & MBB other consulting firms like A.T Kearney all have a braoder scope of Strategy and Analytics with different Industry Verticals and Functional Horizontals

2. MBB pays you a lucrative CTC as compared to Big 4 if you are joining as a Campus Hire or an experienced Professional based on the team, Strategic Business Unit, Projects you are joining

3. The Biggest Pro of working with a Big 4 is your job security - Professionals working with Deloitte, Monitor Deloitte, PwC, KPMG & EY. Even if you are not a top performer within the firm, you still get to survive mostly because of the amazing colleagues you work with coupled with Mentor / Mentee and other employee improvement programs like Individual Action Plans. They won't fire you because they value you end of the day! Mostly all the Big4 firms / entities are employee centric and they invest a lot on overall employee life-cycle program. Employee Benefits are really outstanding in Big 4. As a con - sometimes in leadership a lot of micro management happens. e.g., some partners, some directors will really push you a lot and you land up working even on weekends based on the busy / peak season for the business. However my experience working with Big 4 is too good!

4. The Biggest Pro of working with an MBB is outstanding engagements you will get to handle, sometimes clients give you the "premium" treatment. overall growth in MBB is faster in cycle compared to Big 4. However with every Pros there are a lot of cons too - there is a strict hire and fire rule in the MBB. You are always bogged down with work load, stress and long hours of work + frequent flying to client locations, you can easily burn out. Rest assured all Management Consulting firms with their tier 1 client base, extensive travel is a part of your job role be it big 4 or MBB

5. If you want to have a work life balance that also in a consulting firm (which is rare) Big 4 is the winner in this area compared to any MBB. So choice is yours and all the best 🙂 

Regards,

Payel

 

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FilippoIguera
(@filippoiguera)
Joined: 6 months ago

Junior Consultant
Posts: 14
Posted by: @payelg

5. If you want to have a work life balance that also in a consulting firm (which is rare) Big 4 is the winner in this area compared to any MBB. So choice is yours and all the best 🙂 

 

 

Thank you for having reported your experience Payel!

How many hours were you working at Big 4? You said that it was possible to have a work-life balance, can you please explain this point more in-depth? 

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PayelG
(@payelg)
Joined: 6 months ago

Junior Consultant
Posts: 5

@filippoiguera - you have a work from home facility. I used to work for 8 hours, sometimes we had to stretch to long hours - 12 hours approx. you have flexi plans. you can choose to work for 4-5 hours when needed and make it up later. In Deloitte US, the culture is really cool. In certain Strategic Business Unit / service lines like shared services, global services only 8 hours of work and no work in weekends, no over time too! plus work from home facility is there.

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Davide
 Davide
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(@Davide)
Joined: 5 months ago

Posts: 3

@filippoiguera

In Italia si lavora a ritmi abbastanza folli, ma moltissimo dipende dai progetti e dai manager che ti capitano. Per molti lavorare fino alle 9 e mezzo di sera + w/e è una consuetudine.

 

In Italy life-balance is quite crazy. Sure, it's up to different projects or managers you'll work with. A lot of people usually work 9-9:30 + w/e.

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FilippoIguera
(@filippoiguera)
Joined: 6 months ago

Junior Consultant
Posts: 14

@Davide

Thank you, Davide, for your reply. Have you personally experienced that situation?

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