You are María, 30. In ten weeks you graduate from IESE Madrid. You have three offers — all good — and you have to pick one by Friday. The loan officer at La Caixa is also waiting; you have €92,000 in MBA debt to start servicing in November.
The situation
Offer 1 — BCG Madrid, Associate. €110k base + €20k signing + €30k performance bonus. 2-year track to Project Leader. Best for an MBA debt-pay-down on schedule.
Offer 2 — Apax Iberia, Pre-MBA Associate (no, post-MBA Associate). €130k base + €70k carry-tier bonus, lifestyle very long hours. PE track, optionality into operating roles by year 5.
Offer 3 — COO at Pluvia, a Bogotá-based YC-backed B2B SaaS. Series A closed last quarter. €75k base (Colombian-adjusted is higher in real terms) + 1.5% equity vesting over 4 years. You'd be employee #8. The founder is an IESE alum two years ahead of you who reached out personally.