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IBM or BoA

 
#1 IBM or BoA
21/07/2010 21:20

decision

I have got an offer from IBM (band 6) within their FS practice for MC. I also have a business analyst offer from BoA so I have to choose between these two.

All my past experience has been within consulting in FS and if I accept the IB role I would be moving into industry. I am not deciding between industry or consulting, but more in terms of future career prospects, money and career growth.

The IB role might pigeonhole me into a particular business area while IBM role might allow me to work in different areas within FS, so I believe ?

On the other hand the IB role is paying a good 6K more than the consultant role.

Your thoughts on what would be better? I understand I would have to make my own decision but I would love to hear what everyone else thinks.

Thanks a lot in advance.

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#2 RE: IBM or BoA
22/07/2010 13:06

take ib to decision (#1)

Hi there,

IBM has not a good reputation at all. I would go for the analyst role, despite leaving consulting is not an issue for you anymore.

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#3 RE: IBM or BoA
22/07/2010 13:57

anon to take ib (#2)

Not a good place to work. Not a real consultancy business. You've been warned!

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#4 RE: IBM or BoA
22/07/2010 14:33

Mr Cool to decision (#1)

Strongly recommend BoA over IBM.

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#5 RE: IBM or BoA
22/07/2010 15:53

Anon to Mr Cool (#4)

No brainer BoA

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#6 RE: IBM or BoA
22/07/2010 21:52

Decision to Anon (#5)

Thanks all.

I guess the unanimous decision is against IBM and is in line with what I was thinking.

Best

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#7 RE: IBM or BoA
23/07/2010 14:30

Anon to Decision (#6)

Some well structured advice on why BoA are better than IBM, no wonder you took it!

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#8 RE: IBM or BoA
23/07/2010 16:16

blueanon to Anon (#7)

The IBM brand in the UK/Europe deteriorated significantly over the last decade. The business model of IBM does not support a "real consultancy" division. Moreover, if you research portals like glassdoor.com you'll get a taste of what the motivation levels of IBM staff are and how this company treats its people. Therefore if you are looking forward to follow a career in the financial services industry BoA wins hands down any time of the day.

I have recently left IBM and the only regret I have is that I have overstayed. When it comes to SI full-service firms I would go only to Accenture, even though they are also following IBM’s path. From the Big 4, Deloitte seems to have a respected Tech division. However, as mentioned before I would any time of the day sign for a Bank rather than IBM or Accenture/Deloitte.

“Band 6” by the way, is quite low for an external hire. It clearly suggests they do not have any long term plans for you and that you are “just” an able chap who can do the job for 2-3 years before they chew you up and spit you out! No wonder, how some people manage to be Band 7, 8 or 9 for over 10 years...

This is well meant advice my friend!

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#9 RE: IBM or BoA
23/07/2010 21:16

Decision to blueanon (#8)

blueanon

Thanks for your advice. It is surely helpful and further reinforces what I have heard from other people.

Thanks again

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#10 RE: IBM or BoA
24/07/2010 16:04

chris to Decision (#9)

choose ibm if you want boring IT work and feel like your in a body shop

or choose BoA and get relevant fullfilling work

hmmm i wonder what to choose

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#11 RE: IBM or BoA
24/07/2010 16:07

chris to Decision (#9)

choose ibm if you want boring IT work and feel like your in a body shop

or choose BoA and get relevant fullfilling work

hmmm i wonder what to choose

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