I worked in consulting for 4 years, half of which at BCG. Definitely super glamorous at times... My best memory was when I was put up in the President Suite at the Westin in Paris (lucky upgrade) on the peak day of Tour de France... Unforgettable! But in that same week I also stayed up working until 3am and still faced an unhappy client the next day :P
@judjudersawn2596 Жыл бұрын
What does a consultant do? What are you asked to do and what results do you provide? Example?
@aurelianamacker80653 жыл бұрын
That conzaltant industry sounds like a lot of work
@FIFII3 жыл бұрын
I subscribed for Heinrich's accent alone it's nice to listen to! heheh
@notshubh3 жыл бұрын
This collab is better than Drake and Future
@hehe-zt4zy2 жыл бұрын
Noooo brooooo
@Ayanna9533 жыл бұрын
Another great video. I’m usually a silent viewer but wanted to say thanks for creating these vids, I’ve honestly found them so useful - much appreciated!
@FirmLearning3 жыл бұрын
Great to hear you find it helpful - thanks Anna!
@parteekranga32382 жыл бұрын
There are hundreds of video on consulting but trust me I haven't seen something better than this. Amazing...
@yasht79573 жыл бұрын
just the collab I was hoping for
@FirmLearning3 жыл бұрын
Thanks Yash :) Best! Heinrich
@m200013 жыл бұрын
Yes! So cool!
@foundational3 жыл бұрын
I didnt get what exactly are McKinsey consultants are doing, except that they're very busy having meetings and "solving problems.." everyone is having meetings and solving problems. Plumber also solves problems and has many meetings with clients.
@damienturner63683 жыл бұрын
My friend used to joke management consultants were "rent-an-executive". They bring in new ideas, but it usually always result in "trimming fat" (aka cutting operational jobs and middle managers), merging and revamping business. The true value-add relative to their cost is questionable.
@naughtyUphillboy3 жыл бұрын
@@damienturner6368 That is true to some extent
@perzonne63023 жыл бұрын
that is the entire point of management consulting, getting paid a lot to do nothing and network with other do nothings
@christinecamley6 ай бұрын
Superb outlay of a management consultant role at a firm like McKinsey! A friend works at McKinsey so I have heard about that feeling of being thrown right in to such a hectic pace! That’s a heck of a lot of meetings! Time consuming! Very interesting! Cheers!!
@floriankausch58483 жыл бұрын
I’ve been following both of your channels for several months now. So cool to see this collab happening. Without a doubt the two best channels for students interested in Finance and Consulting. Keep up the great work lads!!
@FirmLearning3 жыл бұрын
Glad to hear you found the video helpful. Thanks for watching Florian!! Best, Heinrich
@Ad-zw2ib3 жыл бұрын
The videos have been super informative, I graduate this year and managed to land an internship at GS in Merchant banking from a non-target. here's to hoping it becomes a full-time job. tyty
@AfzalHussein3 жыл бұрын
Hey, thanks! That's super impressive. MBD intake is tiny compared to the rest of the bank. Well done and good luck! 💪🏽👍🏽
@Ad-zw2ib3 жыл бұрын
@@AfzalHussein Thank you very much, Ik the real prep starts now.
@bensherman19773 жыл бұрын
I understand that meetings with the client and your team are important, but - when you get down to the actual productive work (of what you're being paid to do) - what are the typical tasks that you'll be doing??
@sanguinor56093 жыл бұрын
PowerPoint
@citizenphaid18802 жыл бұрын
Essentially you are problem solving. Analysing data or business structures you have requested from the client, requesting data and other information, putting together briefing papers and slides. It depends on what the project is about and what the deliverables are. An example might be assessing a company’s operational maturity in terms of its processes. This may require you understanding those processes by reviewing policies, procedures and work institutions, then mapping them and determining what the total cost of running that process or a series of processes is end to end. That results in a gap analysis, requirements gathering and a solution design. All that data is then compiled into a report and deck for presentation. That’s a very rough outline of just one example.
@RevanDarkStar2 жыл бұрын
@@citizenphaid1880 serious question: Do you understand what you just wrote?
@australianpatriot Жыл бұрын
it will be replaced by AI in absolutely no time
@ray102373 жыл бұрын
Nice that somebody from Germany is on this Channel 👌🏽(iam from Germany)
@FirmLearning3 жыл бұрын
Awesome, thanks for watching :)
@snapamericancandy_p38923 жыл бұрын
No way this collab was haaaard
@FirmLearning3 жыл бұрын
Glad to hear you liked it Jibran :)
@dosmukhamedzhaipanov4633 жыл бұрын
The greatest crossover in the history of KZbin!)
@FirmLearning3 жыл бұрын
Now you make me blush. Thanks for watching!! :) Best, H
@littlevivi3 жыл бұрын
The time stamps are great, thanks for taking the time to do that for us!
@tianahali6070 Жыл бұрын
You have a great presence, subscribed! 👏🏽
@Gorlenius3 жыл бұрын
Great insights - love this collaboration, thanks for setting this up!
@FirmLearning3 жыл бұрын
Thank you!
@littlevivi3 жыл бұрын
Love the format! The days calendar on the screen is really cool!
@benosullivan20133 жыл бұрын
Love seeing this collab! Hope there is more like this in the future! 👏
@FirmLearning3 жыл бұрын
Thanks Ben, trust Afzal and I will stay in touch :) - Best, H
@simonlim11793 жыл бұрын
Perhaps try doing a more interactive Q&A (between you and Heinrich) for future events like this, my 2c :)
@jefftX3 жыл бұрын
“May need to skip lunch” Yeah, no, I’m not going to skip lunch and pass out. Client can wait 15 mins.
@perzonne63023 жыл бұрын
pump the breaks on the fries and shakes fatty
@jefftX3 жыл бұрын
@@perzonne6302 I’m sorry your too unintelligent to comprehend that not skipping lunch doesn’t mean someone is fat. I lift weights, I’m not skipping lunch because I need the nutrition to fuel my body. And also, I’m not a beta simp that would bend over to a client.
@perzonne63023 жыл бұрын
@@jefftX "I lift weights" Always key info on some fatty who can't even jog so they try just lifting instead, making themselves even bigger ironically. If you're passing out cause you skipped lunch that's not a good thing no matter what
@bluebell85573 жыл бұрын
You’re totally right. That honestly made me pause… like holy shit skip lunch?? What is this slavery lmaoo what on earth no job is worth your health this is absolutely crazy… I’m looking into this career path and these videos are honestly making me change my mind. I don’t want to give up my entire life for a career…
@darrenanthony32013 жыл бұрын
Jheeez Big Link up !!!! Man like Afzal 🙌🏾🙌🏾🙌🏾 we need to always support Afzal, always helping the mandem
@AfzalHussein3 жыл бұрын
Lol, my guy 👊🏽
@fraser12373 жыл бұрын
i'd say this guy loves a good meeting or two.
@devikaaminabhavi82263 жыл бұрын
Very useful. Thanks and kindly make more of such videos. Good luck!
@hisokamorow83883 жыл бұрын
Can’t wait for that episode 6 recap :)
@alexanderemrani2472 жыл бұрын
Sorry! I disagree. This is a standard consulting procedure. As a senior consultant we are doing things more individually and more efficient.
@annajones97013 жыл бұрын
Heinrich is a smart dude
@FirmLearning3 жыл бұрын
Not sure this is true but thanks Anna ;)
@sneakysky63983 жыл бұрын
@@FirmLearning shut up
@theindependentproject1896 Жыл бұрын
thanks for the video!
@Ghostracer7863 жыл бұрын
Brilliant vid
@FirmLearning3 жыл бұрын
Thanks!!
@ved.shankar3 жыл бұрын
That was great!
@leswhynin9133 жыл бұрын
In, fire 30% of the workforce, new logo, out. BAM, you are now officially a management consultant.
@subiiaaco3 жыл бұрын
Frunkfort
@Sirwillness2 жыл бұрын
💯this was great
@AfzalHussein2 жыл бұрын
Thanks!
@Rspservers093 жыл бұрын
Thank you for always providing such helpful content.. emoji..
@AfzalHussein3 жыл бұрын
👊🏽
@FirmLearning3 жыл бұрын
Thank YOU for watching!!
@jesseamankwaah60473 жыл бұрын
Great content!
@brwler13 жыл бұрын
More interested in recruiting processes but this is good to
@FirmLearning3 жыл бұрын
Thanks for watching Chulbul!
@unxism19033 жыл бұрын
Really good video just what i hoping for seem intrested, i was wondering if there could be another to answer more questions about this job in depth personally like Do you travel every week? How is the work life balance? Are there any benefits given to you as a result of excessive travel and away from home? Is there a certain place you travel to or is different every time? And lastly do you enjoy bieng a management consultant and what makes you admire the job the most?
@FirmLearning3 жыл бұрын
Hi, thanks for your questions! Yes, until last year you would travel every week unless you have a project at home. You usually fly to the client on Monday and back Home on Thursday. Lifestyle / wlb for sure is not always ideal, but you learn a lot on the job. Yea I did enjoy being a consultant, but now also happy to transition into a new role :) Best, Heinrich
@SPHATROLL2 жыл бұрын
This is exactly what I want to do
@dayyankhan8133 жыл бұрын
A very good video Afzal. I wanted to ask if it’s possible to get you as a mentor on Simpley even if there’s an extra cost? Thanks
@oldgit42603 жыл бұрын
Thrilling
@God_Father723 жыл бұрын
Hi @Afzal Hussein and @Firm Learning, going forward in post pandemic times, will Consulting have relevance and would we get a chance to travel like before? Also what is your take on AI and Machine being used for coming up with strategies. Is consultant's job going to be on threat?
@checklongau76683 жыл бұрын
謝謝各位指教
@tiaozukum41473 жыл бұрын
Heinrich and Afzal make my videos look substandard. 😅
@FirmLearning3 жыл бұрын
Don't be too humble Tia, lots of success with your channel! :) Best, H
@tiaozukum41473 жыл бұрын
@@FirmLearning Many thanks for your kind words H! Have a blessed Christmas! 🎄
@albertfoo15693 жыл бұрын
This sounds similar to engineering consulting
@bejo9854Ай бұрын
so, basically overtime everyday?
@ivanedemdogbegah88913 жыл бұрын
:OOOOO Good vid
@lameguy17182 жыл бұрын
Man like Arnold
@bluebell85573 жыл бұрын
Oh man this is C R A Z Y I don’t think I can handle something like this 😱 my body would drop. I feel like 1 week into this and I’d drop
@anuradhayadav6161 Жыл бұрын
LOL! imagine going to great place and not able to visit that. just having meetings.
@meninjohnjohn28352 жыл бұрын
Which has best scope in future btech cse AI and ML or cse AI and datascience ? Kindly help me please ...past few days I am in extreme dilemma
@grebostrek3 жыл бұрын
selling your sould for money to the big 4 is the name of this game....
@gu77172 жыл бұрын
ok so what do they do?
@zidanhussain80922 жыл бұрын
imagine not able to sleep for 8 hours :'(
@aymanabdelhadi91242 жыл бұрын
god forbid
@shtman5042 жыл бұрын
What
@CrowPlaysHD3 жыл бұрын
So you basically only work 3 hours a day, lmao.
@FirmLearning3 жыл бұрын
That is indeed the main reason why you end up needing to work late. The whole day is blocked with meetings and client interactions and then you need to do the "real" work on the evening.. Best, H
@t14dann182 жыл бұрын
@@FirmLearning I see it the other way. I'd HATE sacrificing all those hours of my life, where I want to be working out, spending time with family, etc. Forget this job
@rudystefan17143 жыл бұрын
Is konzalting some kind of consulting?
@niccolodonati35883 жыл бұрын
Conzalting
@FirmLearning3 жыл бұрын
;) Thanks for watching Niccolò
@JopsYT2 жыл бұрын
90% meetings
@prasadpatil76752 жыл бұрын
Can I get into Hedge funds/private equity after doing a Masters in Management then working as a Management Consultant?
@shtman5042 жыл бұрын
It's hard, bcoz there is very less hedge funds...
@mohammad-li3yk8 ай бұрын
where are you from?
@ajb2293 жыл бұрын
🥳
@og79523 жыл бұрын
Sooo a lot of it is time wasted
@GeorgeBroadbent2 жыл бұрын
👍
@dbaldvegan7992 жыл бұрын
👍🏾
@lucaa.96633 жыл бұрын
💪❤️
@masirasayyed43173 жыл бұрын
👍🏻
@benosullivan20133 жыл бұрын
🏁🤝
@FirmLearning3 жыл бұрын
Thanks for making it to the end :)
@Loun963 жыл бұрын
I wonder where he comes from ..
@byblispersephone2.0943 жыл бұрын
Lol
@duc241019863 жыл бұрын
after watching this video, I still do not understand what you guys are doing specifically
@TheSlushy3 жыл бұрын
He makes working until midnight normal. I think Management Consulting is such a broad term like analyst.
@byblispersephone2.0943 жыл бұрын
Okay this sounds torturous 😣
@Khyleb2532 жыл бұрын
Conziting
@UrbanEconomist53 жыл бұрын
Lmao this sounds horrible ... even Lunch with the team huh lolol shit.
@alexwong89112 жыл бұрын
that is why consulting firm better pay those consultants well... else it is just pointless....
@timko31353 жыл бұрын
🤫
@Davidjuwonlo3 жыл бұрын
💎⬆️
@ehyun47873 жыл бұрын
emoji
@FirmLearning3 жыл бұрын
Thanks for watching until the end Evan :)
@rickjames182 жыл бұрын
McKinsey and Co is as shady as they come. Working for both the US and CCP to make billions. Not a care in the world as they take advantage of loopholes when it comes to national security. How this company is still allowed to work with Chinese firms that have ties to the CCP is beyond ridiculous. But as usual companies like McKinsey care more about the money then Americas national security.
@ninoabashidze86553 жыл бұрын
This crazy life style! Dangerous for health!
@anawa7edminalnass2063 жыл бұрын
مش امي
@theconversation55742 жыл бұрын
That sounds like a terrible schedule
@mylifeisinhishandsamen41673 жыл бұрын
These long hours! Not good at all!
@Colouh2 жыл бұрын
Consultant guy talks so happy about working 12+ every day and even skipping lunch... That's fucking slavery.
@firstave333 жыл бұрын
Sounds abysmal
@FirmLearning3 жыл бұрын
Lets just say you get used to it :) Best! Heinrich