I-Banking, Consulting, and VC: How They Stack up

rightaway

[face=Arial]A semi-serious comparison of three high-powered industries: investment banking, consulting, and venture capital.


Thinking about careers in investment banking, management consulting, and/or venture capital? The following comparisons may help you decide where you belong.

I-banking: Work with numbers.
Management consulting: Work with clients.
VC: Work with entrepreneurs.

I-banking: Make a lot of deals.
Management consulting: Don’t make any deals.
VC: Make the right deals.

I-banking: Work late.
Management consulting: Work in teams.
VC: Work alone or in partnership.

I-banking: Satisfaction comes in finding time for a nap.
Management consulting: Satisfaction comes from promoting change in client companies.
VC: Satisfaction comes from growing companies.

I-banking: Work 24/7.
Management consulting: Work seven days a week.
VC: Work five days a week.

I-banking: Variable.
Management consulting: Lots of travel.
VC: Little travel.

I-banking: Learn about I-banking.
Management consulting: Learn about several industries.
VC: Learn about several industries.

I-banking: Compensation mind-boggling.
Management consulting: Compensation great.
VC: Compensation deferred.

I-banking: No time for lunch or dinner—go to the vending machine for a snack.
Management consulting: No time for lunch.
VC: No time for lunch.

I-banking: Check out at 33.
Management consulting: Check out at 49.
VC: Check out at 56. [/face]

funnytiger

good piece of paragraph

this reminds me what you get is what you paid for. what a bigger pay check? you have to live in the hell for a while

cookoo

I'm searching VC-related posts and found this old yet still valuable article. Indeed, there's no free lunch, but you can choose what's better for your taste (or simply accept the reality if you don't have options.)

rakesun

好贴!

wwwzzz

The best piece (of joke) I saw about IB and MC is:

MC: eat on the go

IB: don't eat

MC: sleep in hotels

IB: sleep in office

MC: die of a plane crash

IB: die in bed