Banker vs. Consultant: Why the Banker Wins with a Knockout in Round 1
“What’s missing from your resume is a focus on the results… I see all your recommendations and the projects you worked on, but I don’t see what happened as a result of your work.”
-McKinsey Recruiter to Me, 3 Years Ago
Some of you have asked about consulting (as in management consulting, not IT consulting - who in their right mind would do that?) vs. investment banking and which is “better” to pursue.
I’ve done both, but I worked in banking for much longer than I worked in consulting - so I am biased.
As we’ll see, the quote above shows why I didn’t go back to consulting and why I always recommend finance to anyone in “What should I do with my life?” mode.
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