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Consulting or Banking

Tom Spencer

This post provides you with a high level comparison of management consulting and investment banking. People in the “investment banking” or “corporate finance” division typically help large organisations undertake merges and acquisitions. In comparison, investment banks are competitive and hierarchical. Nature of the job.

Banking 60
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Oliver Wyman interview preparation: the inside story

Management Consulted

At its start, Oliver Wyman capitalized on the deregulation of the financial services industry. Mercer (with Oliver Wyman) developed the number of industries served and capabilities expertise, and after a period of exponential growth eventually chose to make Oliver Wyman the catch-all name for anything MMC but non-human resources focused.

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The COVID-19 Scalability Problem

CaseInterview.com

His foundation has decided to provide the financing to build seven vaccine manufacturing factories — one for each of the seven most promising vaccines currently in clinical trials. As a point of comparison, Philips Healthcare, one of the largest ventilator manufacturers in the world, only produces 1,000 ventilators a week.

System 111
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Succeeding at the Edge of Discomfort

CaseInterview.com

In comparison, let's say you lift a weight 6 times comfortably, but the 7th and 8th repetitions are very uncomfortable. The top firms in industry do the exact same thing. Ran a finance organization? Once I was in industry, I crafted my own career path to constantly seek new challenges. The reason why? No discomfort.

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Why consulting?

Management Consulted

I begged my favorite Econ teacher to let me into his Industrial Organization course and fortunately I got a spot. Half of the class was devoted to examining different models and learning the game theory behind strategic decision making; in the remainder of the class, we applied that knowledge and analyzed different industries.

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New Zealand’s Financial Crises Resilience

Tom Spencer

Whilst being one of the most significant worldwide financial crises in history and largest since the Great Depression, the GFC was followed by a recession in New Zealand that involved a relatively minimal output loss in comparison to other countries and in comparison to previous global crises (pdf).

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CFO Branding 101

Free Agent CFO

In a recent example, he revealed that the prospect was controlling the conversation and appeared to have the upper hand with pricing since he was comparison shopping. I cannot deny it, but I’d prefer to be the guy that people say, “Man, he’s super creative for a finance geek.” I don’t like that brand.