IIM Grads Don’t Take Up Consulting To Pay Off Heavy Loans, Ft. Sandeep Das, Ex PwC, IIM B| KCP Ep 10

In today’s episode of Konversations Cafe Podcast, we have a known face who recently published his fourth book How Business Storytelling Works.
And as you probably have guessed, this podcast is also filled with stories that you can learn from.
We have Sandeep Das in conversation with Purnangshu Paul in this podcast where he talks about his journey, how he wanted to be a truck driver, why he pursued engineering, how money pushed him to do an MBA, and why he was made to drink raw milk during one of his consulting assignments!
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In this candid chat, Sandeep talks about his learning during the consulting days and ponders on the need to ace human communication for professionals.
He stresses the life of a consultant and what exactly is the growth path for them in this insightful podcast.
He talks further about how his experiences on the field made him write one book after the other and how he juggles so many careers at the same time
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___________
0:00 Coming Up
2:07 Early Days & Growing Up
4:27 Why You Don’t Aspire For Certain Career Options
6:50 Is Engineering A Result of Herd Mentality?
7:59 The Irrational Brain Of A 17 Year Old
9:17 Why do Most Engineers Go For an MBA?
9:57 Life At IIM Bangalore
12:38 How To ManageTime Avoiding Distractions
15:47 How Do Interns At BCG Feel Like?
19:00 Issues Indians Face Abroad
19:49 Guns, Basti District & Consulting At 21
25:28 Tapri Chai, Real Consulting & Shriram Brothers
29:19 What Do Consultants Do?
32:00 Do Students Take Up Consulting To Pay Off Loans Faster?
33:54 How Consultants Grow In An Organization
37:45 How To Manage Time With Multiple Careers
39:06 What India Can Learn From the Philippines
40:53 Not Knowing English Can Put You Behind In Your Career?
44:08 How Business Storytelling Works?
46:40 The Comparison Paradox
48:34 How To Stay Relevant In The Fast-Changing World
50:53 Importance of Mentorship
53:20 Parting Thought
Do let us know what are your thoughts on the conversation and if you liked the podcast.
Do tell us which other guests you would want to see next on the show. Like the video and share it with your friends to help increase its reach.
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For more insights and information on all things career-related, stay tuned to ‪@InsideIIMKonversations‬
#Podcast #Consulting #CareerAdvice

[@InsideIIMKonversations]

📌Want to build a career in Management Consulting? Check out our Certificate Course in Management Consulting - bit.ly/3Xrn6AH

[@2601shan1]

Working 12 hours and in weekends wow. Lack of labor law in India allows ppl to make such remarks. I’ve been working in Europe and this never happens here.

[@Dattebayo3089]

Europe has good laws. Bt usa, India , china , Japan are worst countries when it comes to white collar labour laws.

[@saiakshay6906]

That’s how world works bro more you get paid more of work is demanded from you

[@saiakshay6906]

It’s all about survival of the fittest

[@adamsmithalphabetagamma]

I worked in a consulting firm based (in the UK). A lot of consultants in the UK work atleast 12 hours a day.

[@tnjs2023]

Its about how you draw boundary and focus on life other than work as well. Its also about what work culture company has and sadly consulting in india is the most ghada majuri work you will ever do. Mentally exhausting, Spouse will always be complaining about how little time i give them. Also there is no solid job decription of consulting....you are constantly placed over the world and do job from sales to implementation to process excellence and everything. It gets irritating after some point.

[@blackberryyyyyy]

I understand this channel is for IIM aspirants. However, for an average student like me would be wondering if we are out of the game already by seeing all these super achievers' success stories. But as opposed to the saying life is actually fair and if you are confident on your motive and have passion for success, IIM and ISB of the world doesn't matter... You can start baby steps and achieve what you want. Yes, may be a little late but that's okay.

[@manasuniyal2897]

This channel is not for average folks . So don't waste your time here . Those who will get IIMs are studying , rest are wasting time here , listening to these talks.

[@RupanagudiRaviShankar]

I am 66. Started as an entrepreneur at 33 after resigning from a nationalised bank (12 years service). some parts of the advice is correct; but some maybe useful for entrepreneurs from IIMs etc. i may be wrong. but this is my personal view. overall the podcast is worth going through by everyone who aspires to be an entrepreneur / pursue independent professional life. regards

[@InsideIIMKonversations]

Thank you so much for your kind words! Stay tuned for more such interesting content!

[@tanmaybaswal7993]

Coming from SRCC i can vouch for the fact of how great a person Ajay Shriram is!!! Great interview....loved it

[@InsideIIMKonversations]

Glad you liked it, Tanmay. You should check out all the other podcasts as well - Link is in the cards.

[@SnehalHarel]

One of the best podcast. Great insights.

[@InsideIIMKonversations]

Thank you for listening! We have many more insightful and amazing podcasts on our channel, so please be sure to check them out.

[@saurabhb1041]

I can’t sit in a chair for 12 hours a day so I’ll get another degree to convince me to sit on a chair 14 hours a day. Sala kuch bhi logic do tum. Seedhe so baat hai - it’s all herd mentality. India as a country runs on that. Be it engineering, be it MBA or be it startups. Everything is built around “what’s everyone else doing”, what’s “safe” and what’s respected in the society. There is no individualistic thinking.

[@jogendrajoshi7327]

Correct

[@souravprakash6923]

Hi team, I have the below profile: 10th: 89% (State board) 12: 68% (State board) UG (Bachelor's in Social Sciences): 7.4 CGPA. Extra curricular: 2 years of voluntary work with NGOs. Certifications in Data Analytics & Public Policy. 3 years of full time work experience in Public Policy. I plan to build a career in Social Development management. What %ile should I target for good IIMs?

[@InsideIIMKonversations]

There is no set percentile, but to get a call from various IIMs, aim 99+%ile.

[@komalYadav-fe5sx]

Hey Sourav, would you like to connect because I'm also planning to have a career in this field only? Also, did you write CAT this year?

[@vinaymaheshwari3074]

Great insight. Enjoyed every bit of the conversation.

[@InsideIIMKonversations]

Thank you so much for your kind words! Stay tuned for more such interesting content. You may also be interested in checking out our playlist on Consulting - kzbin.info/aero/PLMYr1HHzGSR1JIhDKWebzqTKNOa03NbqA&feature=shared

[@pankaj.debnath]

I think countries like China, Japan, Germany did more globally despite not giving as much importance to English as India did. They own more of the global market. Far more than India.

[@shrey_chheda]

You get actual value from their experience through this that might be better than n actual MBA

[@sanaatanmisra4493]

What good is their experience for you if you can't emulate it? Bec that's possible only through an mba

[@user-nl7wh5mv1c]

Insightful and interesting conversation

[@InsideIIMKonversations]

Glad you liked!

[@rakeshsiginam504]

Fabulous podcast!

[@InsideIIMKonversations]

Awesome! Thanks for tuning in, Rakesh.

[@FootballSigmaa]

Amazing video with a glimpse of up guy and the tapri chai

[@InsideIIMKonversations]

Thanks for watching.

[@DivyanshuSinghIITM]

Fascinatingly insightful ! I ordered the book while watching this video !!

[@InsideIIMKonversations]

So quick! Thanks for watching.

[@sibanjanpurkayastha1953]

Marketing campaign successful

[@diivyanshu]

@@sibanjanpurkayastha1953 I would agree that the product placement is very nice, but the book is actually helpful.

[@sayanghosal4835]

Really insightful and intresting...

[@InsideIIMKonversations]

Thank you for your kind words. Stay tuned for more such content!

[@ujwalchauhan9252]

Great video!

[@InsideIIMKonversations]

Glad you enjoyed it

[@financewithsonu]

It is good informational podcast however i want to understand what about someone who doesn’t have any IiT or iim degree. How can they get into even after 4 years of bpo/kpo experience

[@outbackandabout]

great, great conversation. the interviewer is so intelligent and calm. one observation ... Sandeep said he comes from middle class, but went to Bishop Cottons in Bangalore. a lot of achievers these days have a very 'broad' definition of middle class :)

[@InsideIIMKonversations]

Thanks for watching this. Do you reckon it's high time we hit the refresh button on what 'middle class' really means? Should we have an official 'Middle-Class Dictionary' to end all the heated debates?

[@outbackandabout]

@InsideIIMKonversations what do I think? I think, not a dictionary but a discussion would be great. I have seen many young guys from privileged background call themselves middle class, like Kotak Jr on Nikhil Kamats podcast or Kautuk Srivastava on TISS podcast (his father was a ceo at jk Raymond's). Do they really belong to middle class? If they're middle class, what about us vernaculars from tier 2 cities with only one parent working in a small time job, and who went to local schools? We aren't poor, never struggled for food or missed school due to shortage of money. But compared to the examples cited above, we are in league way below theirs. Must mention here that all names mentioned above including Sandeep are legends in their field, heaps to learn from them.

[@FootballSigmaa]

Best is general management

[@InsideIIMKonversations]

Our channel features a wide variety of videos; feel free to explore them.

[@santoshp1786]

My wife works at Deloitte USI, they take 400% of work for the pay they give and its scary😢 I told her so many times to leave Deloitte and loom for some other product based companies.

[@User-x2f3ef4s4fs6g]

Is it monotonous or is there anything new to learn

[@santoshp1786]

@@User-x2f3ef4s4fs6g Deloitte has worst human resource policy. Either they don't hire 8 to 10 years of work experienced people or they want to get the job done by recruiting freshers and the team leads get tired of training 4-5 freshers along with their individual hectic work.

[@santoshp1786]

@@User-x2f3ef4s4fs6g there is new technologies to learn definitely, but the amount of work Deloitte has they should be hiring more experienced people instead of getting 4 people work from a single resource.

[@User-x2f3ef4s4fs6g]

@@santoshp1786 toxic indeed

[@nirjharrajawat2222]

Agree, In Consulting it’s all work, am myself a constant for last 18 years worked in 4 countries through big 4 it’s not just high salary but also a lot of work till midnight, not for faint hearted folks.

[@biswajitroy5082]

Yes, it's for abnormal folks born to lead a life of corporate slavery 😊 not for normal humans

[@spg6651]

I had opportunities to work with IIM A / IIM C / working for global major consultants in 6 deferent Indian MNC . I was contact person from company side with these consultants .. I must say they did not value anything to their 6 weeks project / 4 months project etc.. I can give gurantee. In one interaction with IIM A senior guy worked with that global consultning company , one of our great engineer asked fundamental questions about statistcis .. IIM A guy went to board and tried to explain but could not -- Then my friend went to the boaard and explanied where that IIM a guy is going wrong -- Hence Conultants are selfish to the core.

[@user-ud3sz3pl2t]

😊

[@akshaypandey5576]

I don’t think anyone use “chokre” in basti but nice story.

[@manishakandoi5980]

Just Beautiful

[@InsideIIMKonversations]

Many many thanks

[@user-uc7tf4pc5t]

@52:13 is that SBI?

[@maxmin1234]

In todays world tech pays much more than consulting. If you are decnt enough in coding then people from even tier 2 & tier3 colleges are getting good packages .

[@SHARMA_FAN]

What is R word?? Anyone please..

[@parthkhandelwal233]

It's Racism.

[@MsReader-ck7ni]

Racism

[@vikaspandey9599]

21:52 I'm from basti 😂

[@harsharora9651]

19:30 What is the 'R Word ' ?

[@aj7907]

Racism

[@User-x2f3ef4s4fs6g]

how MUCH MARKS HOULD I SCORE IN CAT TO ENTER AN IIM

[@InsideIIMKonversations]

Are you preparing for CAT 2024?

[@User-x2f3ef4s4fs6g]

@@InsideIIMKonversations Nah. But would like to know.

[@photon1117]

Listening to Newyork times 🤣🤣

[@rethinkplz]

19:19 what is that "R" word ??

[@InsideIIMKonversations]

You can Google it, as using such words on the KZbin platform can be an issue.

[@kdineshreddy3254]

What is R word ?

[@ishanseth6997]

R@cism a true reality of US.

[@_Pavan-fp1cr]

What is that r word

[@Mohammad_ilyasa]

Racism

[@sukruthk4209]

prafull in the intro is a bad thing fam

[@sameerjain2]

You should have become a tailor and spared us

[@vimeopictures5170]

How much do BCG Partners make on an average?

[@InsideIIMKonversations]

Over 1Cr.

[@terribleprogrammer]

For how much experience?

[@RoGamg]

Berries me😂

[@spg6651]

Consultants are selfish to the core -- They stay in 5 star hotel with Rs 10000/ per day hotel and use sadan for their travel to factory -- they get client paid travel cost to their home town once in 15 days - They are given red carpet and whenever they call for a meeting we have to drop eveything and attend that -- Final presentation is done only in front of MD and not with anyone -- MD will force we lesser mortal to take their sugegstion for implementation which can not be implemneted .. FED UP OF this self styled don .. I think today more and more people come to know the worth these GOMBA - Grosly over paid MB A consultants .. They are liability to the society

[@infantraj385]

Great content thanks @insideiim

[@InsideIIMKonversations]

Glad you enjoyed it, stay tuned for more such podcasts on the channel.

[@PrinceKumar-cv8yr]

House of lies

[@AmanSourav]

R=Rascal??

[@InsideIIMKonversations]

R = Realizing that you need to subscribe to 'Konversations By InsideIIM' to receive regular updates!

[@charithamandappa763]

Racism