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WHAT YOU SAY

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CAgentility,

Mckinsey is a private multinational. You won't find the principal payout that easily.

Accenture is public, just call them say your an investors and they'll disclose the salary to you. But it's all in the infamous i-shares at AC, so you'd better watch out or they pull the wool over your eyes.

My information for the higher payout came from a talk with a partner at AC who was originally from Mckinsey. He could have been lying for all I know. Not my concern.

I think all employees are delusional at some point. Think about it. You make $100,000 a year. The firm make $300,000 to $1,000,000 off your work.

As I climb the corporate ladder at AC and became responsible for supervising projects and budgeting/billing. It became apparent all employees are getting the short end of the stick.

That what really drove me to start my own business. But following my own logic my employees are getting shafted by me now. Oh well, life's not fair.

I don't think accumlation of wealth has anything to do with prestigiousness of a degree. It has to an individual desire to play the game of accumulation of wealth. Of my class that I play this game with we have degrees from Harvard, Columbia, Cornell, U. Mich, U Chicago, NYU, SUNY. Which one of us will win. I'll have to check at the next reunion. But there is one kid that did not go to college and made his way into the record industry. For all we know that guy could have surpassed all of us 8 years ago.

But if you want me to concur that Mckinsey is prestigous. I thought I already did that a few post back.

AC a sweat shop. Sure you want to make the big bucks in corporate america. You volunteer OT. You work weekends. Name of game.

"I guess all those MITSloan/Wharton kids are just dellusional and the ASU kids are the ones with the "street smarts"?"

I think you should direct that question to A/H Law Grad. He's the one the originally assert the premise that MBA's were useless in general.

AC Dropout Tuesday, July 23, 2002 at 15:10:32 (PDT)

The top Asians in this country go to Medicine, Science, Engineering, and Law. That is a fact of life. The Asians in consulting firms and MBA schools are not the elite. In fact, they spend most of the time being the lap dogs for white folks. That is just a fact.
Facing the Facts Tuesday, July 23, 2002 at 14:35:48 (PDT)

A/HL Grad,

The mere fact they are going to Wharton to recruit means they are looking for people with MBA. Not JD, or PhD, or Master in English.

Hence, the MBA is necessary in Corporate America (i.e. McKinsey is part of Corporate America).

I could really care less about AC at this point. However, the internal propoganda in the firm was we were #1. For the reason's I have stated early. We had televised golf tournaments. The hallmark of consulting sucess.

I could really care less about the details of charter flights. That's like me caring about the details of my freight forwarders. I know from experience that I make a phone call and I have a charter flight to China. I also know from experience that when I make a phone call goods will arrive from China. The paper work is not my concern.

One day when you become a pilot for a charter service. You will become to realize why people like you are driving the plane; and people like me are sitting in the back thinking about other things.
AC Dropout Tuesday, July 23, 2002 at 14:03:37 (PDT)

Asian American,

So you believe that MBA is not necessary to advance in corporate America.

So why does CAgentiles and A/HL Grad keep insisting on Wharton degree being necessary to add to the prestige of consulting firms like McKinsey. Not to mention the few extra bucks they make in their salary.

Perhaps you two groups should have a discussion on the matter.

Once agian I will reiterate my stance

"A majority of corporate America requires a MBA degree to advance in the company. Only the Big 5 am I aware that an MBA is not necessary in their career track to make partner."
AC Dropout Tuesday, July 23, 2002 at 08:39:09 (PDT)

AC dropout-

I was messing around on the east coast and didn't have access to a computer so I didn't get to respond immediately.

McKinsey and AC aren't even comparable. AC has more revenue than Mckinsey because it isn't elite- it employs more consultants in a wider variety of areas and is generally regarded as a sweatshot by strat consultants at Mck/BCG/Bain.

I want a link to the data that shows principals at Mck make less than principals at AC.

Since you perverted my previous line of reasoning, I'm not going to come to the conclusions anymore. I'll back up my assertions and you give us your commentary.

At elite b-schools, scores of MBA students run off to join Mckinsey while comparatively few want AC. For exmaple, wharton had 86 graduates that went for McK, but only 17 that went for AC- http://www.businessweek.com/bschools/01/full_time_profiles/wharton3.htm . This is true for other elite schools as well, such as MIT who sent 26 to Mckinsey and 4> to AC http://www.businessweek.com/bschools/01/full_time_profiles/sloan3.htm .
Yet, if we look at less reputable schools, we'll see the reverse.

For instance, at ASU 8 kids went off to join Accenture while 2> (most likely 0) went to Mckinsey http://www.businessweek.com/bschools/01/full_time_profiles/asu3.htm . This general trend of elite grads join to Mck/BCG/Bain and lower tier grads going to AC/CapG/Pricewater House/etc is obvious.

Like I said, I'm just going to state the facts and listen to you so please explain the situation to me. I guess all those MITSloan/Wharton kids are just dellusional and the ASU kids are the ones with the "street smarts"?

cheers
CAgentility Monday, July 22, 2002 at 23:54:12 (PDT)

Ac Clueless:

I said that Wharton MBAs tend to go to prestigious firm like McKinsey, and that McKinsey recruits there. How does that equate to "needing a MBA"? Your logic is very faulty, but it will improve once you get out of high school.

Besides, if you are holding McKinsey as the benchmark, then are you conceding that Accenture is not the Big 5 as you claim? Gee...most people realize that Big 5, 6, 8 refers to accounting, not consulting.

Shows how much you know...

Charter pilots must still carry the ATP designation. I will leave you to research what that means.

And FYI, I've spent more time flying than you have with women, although I will grant you that your time with women is probably less than .1 hour, on a good day.
A/HL Grad Monday, July 22, 2002 at 17:35:17 (PDT)

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