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Management Consulting versus Investment Banking

Management Consulted

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.

Banking 272
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Consulting or Banking

Tom Spencer

This post provides you with a high level comparison of management consulting and investment banking. Management consultants assist organisations by providing advice to address specific problems and to improve organisational performance. Nature of the job. They do this by selling stocks and bonds to public investors.

Banking 60
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The Fed: Chairmen More Powerful Than Presidents

Tom Spencer

The Fed influences the world economy Professors in banking and finance often use the metaphor of the economy as a plane and the Fed as the pilot. The federal funds rate determines the cost of interbank borrowing in the overnight money market, which influences the interest rates that banks charge on consumer and business loans.

Banking 88
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Business Ecosystems: Building Stronger Connections

Tom Spencer

For instance, a bank might launch a property search platform where it advertises its mortgages, such as the property search site hosted by the Commonwealth Bank of Australia. By creating an ecosystem, a business can funnel start-ups and small businesses to its core service, and create a one-stop-shop experience.

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Managing Career Risk

CaseInterview.com

Risk” issues also exist when it comes to managing your career. It does mean you need to be thoughtful about these risks… and more importantly “manage” them. When your upside of a career path is unknown, it raises the importance of two risk management related issues. So does it make sense to take the career path less traveled?

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Just How Bad Is Business Travel for Your Health? Here’s the Data.

Harvard Business

I went with the pizza, but my lack of choices was annoying — so much so that, when I got home, I started looking into the data on health and travel for work. According to the Global Business Travel Association and American Express , Americans took more than 500 million domestic business trips in 2016.

Travel 28
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Traveling for Work? You’re a Prime Target for Hackers

Harvard Business

As if the stresses and headaches of business travel weren’t enough, there’s one more thing to worry about while traveling in unfamiliar places: the security of your email. According to one report , there are 40,000 kidnap-and-ransom cases each year, many of which involve executives on business travel.

Travel 28