Pros
1. High-impact project work with room for rapid advancement 2. **Very** transparent (and competitive) compensation model 3. Potential for industry specialization and content acquisition early on (Oliver Wyman's focus on a smaller set of industries creates deep industry expertise)
Cons
Caveat: this is the only place I have worked so I do not have many points of comparison. The most impactful cons of Oliver Wyman are the same as those at any management consulting firm (long hours, tough travel schedules, uneven project work and at times inexperienced project managers) Specific potential cons of OW: 1. Sometimes frustrating staffing model and very opaque staffing process leads to inefficient outcomes 2. Inexperienced middle management (i.e. project managers) - since Oliver Wyman has no defined "up or out" at 2 years time, the third and fourth year managers are sometimes inexperienced (potentially a bit burned out without a 2 year break for MBA) 3. Less formal/impactful MBA support - likely the biggest driver of my decision to leave Oliver Wyman