Exit Opportunities - Management Consulting vs. Investment Banking

<p>In general which one provides better exit opportunities, investment banking or management consulting?</p>

<p>Can anyone speak from personal experience on their job offers/exit opportunities while working in either of these fields?</p>

<p>You are not going to find many current bankers or consultants in these forums. But I have banking experience and I think there are equal exit opportunities for IB and consultants. Most IB people want finance related track while consultants mostly want strategy/management/development track.
It depends on your talents and interests.</p>

<p>[Investment</a> Bankers vs. Consultants | Mergers & Inquisitions<a href="the%20video%20is%20great,%20from%20the%20Leveraged%20Sellout">/url</a></p>

<p>[url=<a href="http://managementconsulted.com/consulting-jobs/question-of-the-day-management-consulting-versus-investment-banking/%5DConsulting"&gt;http://managementconsulted.com/consulting-jobs/question-of-the-day-management-consulting-versus-investment-banking/]Consulting&lt;/a> vs Banking - the 5 biggest differences between bankers and consultants](<a href="http://www.mergersandinquisitions.com/banker-vs-consultant-why-the-banker-wins-with-a-knockout-in-round-1/%5DInvestment"&gt;http://www.mergersandinquisitions.com/banker-vs-consultant-why-the-banker-wins-with-a-knockout-in-round-1/)&lt;/p>

<p>Also, you will find more information searching around WallStreetOasis.com</a> | Your Finance Community. Advice on Finance Interviews and Careers in Finance.</p>

<p>In summary-</p>

<p>Banking: Private Equity, Hedge Funds, Venture Capital, more Banking, other areas of finance (asset management, trading, sales, wealth management, etc.), corporate finance/development at big companies</p>

<p>Consulting: Private Equity (less so than banking, easier if you're coming from McK/Bain/BCG), Venture Capital (less so than banking, easier if you're coming from McK/Bain/BCG), corporate strategy/development, government, anything really (consulting provides very broad skills)</p>

<p>i actually know of some who went from management consulting to banking</p>

<p>but in general it's more common for folks to exit into the areas giants92 mentioned - that's where i'm looking anyway, once it's time for me to leave consulting</p>

<p>giants92 is very correct- PE and VC and strategy ops usually for management consulting. I feel in a way strategy consulting opens more doors to you than IB though the salary is not as high as banking.</p>

<p>i agree that there are generally wider options - and the hours are usually better too!</p>

<p>Yes, that's one I left out -- switching from banking to consulting and vice versa certainly happens. Note that a large chunk of people make the above career movements through an MBA program.</p>