Transitioning from Deloitte ERS to Consulting: Paths and Strategies

Transitioning from the Deloitte Enterprise Risk Services (ERS) to a consulting role can be challenging, but not impossible. This article explores various strategies and pathways to facilitate this transition, including internal requests, acquiring an MBA, and the potential impact on salary.

Understanding the Transition Context

Deloitte's ERS department focuses on helping clients manage and mitigate risks through various specialized services. Conversely, the consulting practice offers broader opportunities to influence business strategy and client outcomes. However, the gap between these two areas can present significant challenges for professionals looking to make a move.

Internal Transitions

The easiest path to transitioning from ERS to consulting is through internal requests. In many cases, this involves:

Subject Matter Expert Transfer

If you are a subject matter expert who spends most of your time on consulting engagements, you can leverage this experience to request a transfer. Internal partners may also request that you be transferred if you are considered a key asset to the organization.

Strategic Requests

Another avenue is building a strategic relationship with a consulting partner within the organization. If this partner is influential and valued, they may have the authority to request your transfer and support your transition to consulting.

Selecting the Right Path for Your Career Goals

While internal transitions can be straightforward, they may not always be suitable for everyone. Consider the following options and their associated challenges:

Acquiring an MBA

One of the most viable strategies for transitioning to consulting is to pursue an MBA (Master of Business Administration).

By gaining an MBA, you will:

Aquire the essential business skills and knowledge to apply to consulting engagements. Increase your employability on the consulting market and potentially secure a more diverse set of clients. Enhance your problem-solving and strategic thinking abilities to make a significant impact in consulting projects.

In some cases, Deloitte may even offer to pay for your schooling as a retention or development strategy. This can be a compelling option, but it's important to be aware of the potential downsides:

Salary Implications

While obtaining an MBA through Deloitte's sponsorship can lower the financial burden, there are trade-offs to consider. Deloitte may negotiate your future salary upwards of what you would receive if you were not sponsored, which could mean fewer financial benefits upon graduation compared to your peers who have financed their education independently.

Concluding Thoughts

Transitioning from Deloitte ERS to consulting is a complex journey that requires careful planning and thought. Whether you take the internal route or pursue a formal education, the goal is to ensure a smooth and successful transition. By leveraging your expertise, building strategic relationships, and being proactive about your career goals, you can navigate this path effectively.

Remember, every transition story is unique. Identify what works best for you and forge ahead with confidence. Consulting offers a world of opportunities, and with the right preparation, you can thrive in this exciting and challenging role.