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better work-life balance than larger consulting firms

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Analyst in Linthicum, MD
Current Employee - Analyst in Linthicum, MD

I have been working at First Annapolis

Approves of CEO
Approves of CEO

Pros

flexible hours, lots of client contact, good bonuses, fast promotion schedule allows analyst to move up to senior roles within a few years, Analyst form close friendships- lots of social events and networking opportunities

Cons

weekend work, develop expertise in one industry, long hours on some projects and limited flexibility on project with short deadlines, strong focus on billable hours puts pressure on analysts to work late, up to 30% of compensation comes from bonuses- this is an added stress because analysts must keep their average billable hours up to achieve max compensations

Advice to Management

too much weekend work, forces young employees to focus on to a practice group too early, very little structured training- mostly on the job training. Limited formal training hurts weaker analysts and doesn't give everyone the opportunity to progress. The firm should invest in a formal training program during the summer than allows everyone to have the same financial modeling and technical skill be the time the evaluation period starts- analysts that don't have financial modeling experience are at a strong disadvantage to analyst with other backgrounds.

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  1. Helpful (1)

    FAC can be great if you specialize quickly.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - No Longer Employed At FAC
    Former Employee - No Longer Employed At FAC

    I worked at First Annapolis

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Loose dress code (shorts in the summer, jeans all year). You can get put on quality projects early on in your career. Most people are friendly. The salary and benefit packages are fair or slightly better than those offered at other consulting firms. The location is convenient to Baltimore and Washington D C. You can potentially travel alot (this may or may not be a good thing...). The firm has lots of smart people. There is always something new going on, so even though everything is payments, you are doing something different every day (except for when you are not.)

    Cons

    You have to specialize very quickly or you will never be placed on any projects. Analysts have to do lots of mindless business development work. If you do not specialize quickly you will not get interesting work. Your fate at the firm is determined basically by who you are placed with when you first start. The lunch options in Linthicum are not that great. Upper level employees travel a lot (which may be a good thing but can be tough to manage with a family). Sometimes artificial deadlines are set that make it hard to plan around for out of work activities).

    Advice to Management

    Do something about this: You have to specialize very quickly or you will never be placed on any projects. Analysts have to do lots of mindless business development work. If you do not specialize quickly you will not get interesting work. Your fate at the firm is determined basically by who you are placed with when you first start. The lunch options in Linthicum are not that great. Upper level employees travel a lot (which may be a good thing but can be tough to manage with a family). Sometimes artificial deadlines are set that make it hard to plan around for out of work activities).


  2. Helpful (2)

    100% what you make of it

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in Annapolis, MD
    Current Employee - Senior Analyst in Annapolis, MD

    I have been working at First Annapolis full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Challenging work, smart people, solid pay, great stepping stone for Bschool, minimal travel, solid reputation within the industry.

    Cons

    Project management isn't regularly monitored or emphasized.

    Advice to Management

    Make a point to smooth out the workload among analysts and maximize the firm's output during business hours before needing to spill into nights/weekends. Invest in developing project management skills in post-MBA talent. Project managers make the difference between enjoyable and unenjoyable experiences for pre-MBA talent at FAC, and disenchanted employees tend to have difficult project managers or higher workloads significantly higher or lower than their peers.


There are newer employer reviews for First Annapolis
There are newer employer reviews for First Annapolis

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