Is Consulting Actually Glamorous? | Inside McKinsey & Co.

[@InsideIIMKonversations]

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[@aagamshah2005]

1:57 introduction 4:36 Financials 9:36 Competition 10:43 Hiring 13:04 bonus section 13:57 Controversies & Criticism

[@InsideIIMKonversations]

Thanks for the inputs. We appreciate that

[@parteekranga3238]

After ages InsideIIM chooses a perfect person to tell about a particular topic. Amazing work done. So coherent, so easy to understand. Good job man

[@InsideIIMKonversations]

Wow, thank you Prateek.

[@YOUinConsulting]

Hi there! As a former McKinsey consultant, I want to say that I think you have made a terrific effort to summarize this complex topic in just 15 minutes, well done!!! I think your video is well-researched. Just as a few minor amendments, as per the numbers I have got the acceptance rate at McKinsey is not below 1%, but just about 1%, in case anybody finds this more encouraging... 😄 Furthermore, I would want to edit your list of competitors (09:57) somewhat. Although they try hard to become competitors of McKinsey, the BigFour in my view are still predominantly active in other parts of the market. Instead, you could add some fantastic tier 2 strategy consulting firms such as Roland Berger or Strategy& to the list, although of course there are regional differences. (Off-topic: I personally would drop the background music, which I found a little distracting, but that's of course personal taste 🙂). Again, I am really impressed by the width of your video, and that you have repeatedly tried to introduce lesser-known facts about McKinsey as well!! Well done!! 🚀

[@InsideIIMKonversations]

Glad that you liked it, We appreciate that you took time out and mentioned such minute details as well (Very few do that) Subscribe the channel for similar content.

[@krishanumoharana932]

Sandwich technique 🌝 hahaha

[@YOUinConsulting]

@@krishanumoharana932 What do you mean by sandwich technique?

[@krishanumoharana932]

@@YOUinConsulting well , I appreciate your efforts that you have put to watch the complete video and made the analysis about where the stats were little shaky and what was the best part and all......but you smoothly explained the negatives in between your reply as in the first part you appreciated the guy and then emphasize the flaws after that again showed sense of appreciation.... It's a good way of conveying one's perceptions! Kudos 👏🏻

[@YOUinConsulting]

@@krishanumoharana932 Ahhh thank you, now I understand!! 😃 Yes, you are right! A very accurate observation 👍🏼 At McKinsey, we are taught to offer a "strength-based feedback", that is to always start with the "good thing" when offering a feedback, before maybe pointing towards some areas for improvement. I have internalized this approach as a positive habit. Too often people immediately focus on the one "bad" thing about something and forget to appreciate all the positive items. That can be very frustrating for the person receiving the feedback and lead to blockages. So yes, sandwich technique... you are right 😄

[@shreekarkolanu950]

After seeing this video, the so called BIG 4's don't even come anywhere close to McKinsey & Co in any aspect possible. Being an ex-big 4 employee I can confidently say this.

[@rahuldhali7681]

Can you please make a detailed video, on how to get into the big 3, straight out of undergraduate? Also could you elaborate on how efficiently should you utilise your time in college to build up an attractive portfolio for the consulting market ?

[@kanwalpreetkaurdhingra9105]

+1

[@sureshnishtala2887]

Very Well explained ...thank you Gourav...I just want a small clarification In between you are showing some pictures na so can we get all those in a PDF form so that It would be easy for further reference... Thank you in advance :)

[@monikasahu4185]

It would be great if you could cover Accenture Strategy and Consulting! Thanks :)

[@InsideIIMKonversations]

Noted!

[@Rahul-zr3bh]

Very well explained. Keep up the good work. I do want to ask one thing, the other two companies in big 3 can we assume their revenue model, organisation structure etc. would be more or less similar to McKinsey?

[@InsideIIMKonversations]

A consulting firm provides feedback and actionable strategies to companies. Apart from few differences they all work towards same goal

[@bhaskarjyotisarma7666]

Kindly cover investment banking job in Goldman Sachs or for any other top investment banking firm

[@jeremysilwoman]

Yes please

[@saurabhshrivastava5198]

Faltu job hy minimum 90 hour work per week including weekend

[@captainla95]

@@saurabhshrivastava5198 which profile? What about product controller profile

[@jeremysilwoman]

@@saurabhshrivastava5198 tu mat kr. Tu samajh rha hai kis level ke contacts tu bna skta hai if u perform well there? Like client with net worth of 1000 crores or even much higher than that. Leaving money aside that's alone enough for fucking ur health for an year or two

[@saurabhshrivastava5198]

@@jeremysilwoman 😆😆😆bhai paisa sa kya Isa acha Research Scientist or Applied Scientist unka bhi crore m package hy Good work life balance

[@sachidanandatripathy4034]

CAN YOU PLEASE MAKE A VIDEO ON HOW CAN A MBA FRESHER GRADUATE GET A CONSULTING JOB ?

[@InsideIIMKonversations]

Great, thanks for that suggestion !

[@Rishi_modi]

It'll be very helpful if you can make a video comparing Big 3 and Big 4

[@InsideIIMKonversations]

Noted, Yes, we will try to make a video soon! Stay tuned. Meanwhile, you may consider the following:kzbin.info/www/bejne/mZizdaKjjaedmZY

[@romit298]

Great insights!! Thanks for sharing 😊👍

[@InsideIIMKonversations]

Glad that you loved it, Romit

[@SR-tk8zd]

Can you please make a video on big 4 as well? Focusing on Ernst and Young, Deloitte

[@InsideIIMKonversations]

Thanks for this suggestion.

[@Akshay-dp8qq]

Quite informative...thanks !! How about BCG for your next video ?

[@InsideIIMKonversations]

Noted, Akshay !

[@kadriismail2624]

Wonderful brother ❤

[@InsideIIMKonversations]

Thank you so much

[@abhinavkumar3356]

Great video ,very well summarized. Can you please do a similar video on one of the big 4 like EY

[@InsideIIMKonversations]

Sure! We will try to bring the one you suggested on our channel Meanwhile, watch all our consulting related videos here - linktw.in/pQJsmK

[@Hariskhan-th6iq]

Amazing concept 👌

[@InsideIIMKonversations]

Glad you loved it

[@KuldeepSingh-yf2tt]

Could you cover P&G or HUL

[@InsideIIMKonversations]

HUL is already covered, explore the channel. Thanks for suggestion

[@ashutoshsingh6748]

Can you please guide as to how Indian Chartered accountants should apply for management consultancy?

[@InsideIIMKonversations]

Our 'Chartered Accountant' Playlist will help you: kzbin.info/aero/PLMYr1HHzGSR00QcgICo7Y_PmwYQ4vqHFW

[@ashutoshsingh6748]

@@InsideIIMKonversations Thankyou 👍👍

[@ALLINONE-rs7rz]

thank you for such an amazing content video . will like to see same for GOLDMAN SACHS . love and support

[@InsideIIMKonversations]

Noted! We will take this request to the team. Meanwhile do check this out: kzbin.info/www/bejne/mZizdaKjjaedmZY

[@supriyasahu2202]

Great video.. Thanks

[@InsideIIMKonversations]

Thanks

[@rajivyadav5337]

Insightful

[@InsideIIMKonversations]

Glad you like the content! Stay tuned for more such interesting content! Till then you can watch more consulting related video here: bit.ly/3xB1RRO

[@shenbagachella1041]

Can you talk about the advisory the big 4s have. Technology consulting and it's scope. Also management consulting. Plzzz

[@InsideIIMKonversations]

Noted for future. Thanks for watching ,what else you would like to see over the channel?

[@AjeetKumar-nu5lv]

Thank you so much for making this video. Can't agree more that I am a great fan of InsideIIM. You guys are the best and are doing amazing job👏 I would love to see a similar video on Deloitte.

[@InsideIIMKonversations]

Noted. These comments fuel us for future.

[@varshanth9029]

informative

[@InsideIIMKonversations]

Thanks for watching

[@mohitverma449]

Could you please cover eCLerx services

[@InsideIIMKonversations]

Noted.

[@vim7996]

Has this chap worked for this co

[@ironcommander01]

CNBC ki video copy paste kr di h puri😂😂....kuch to orignal kro bhai

[@luxurywatches3751]

Kam se kam kar toh raha hai. Aapki tarah sirf comment toh nahi kar raha

[@thesahilpradhan]

4:00 who is she ? CEO of Facebook?

[@snehapatil7067]

Thanks for your videos they are very insightful. I would like to know How do women having kids work at consulting firms? Is it feasible? Does company provide any flexibility like hybrid work etc?

[@InsideIIMKonversations]

Consulting firms have been making efforts to provide flexibility and support for working parents, including those who have children. The specific policies and practices may vary between firms, but many consulting firms recognize the importance of creating an inclusive and family-friendly work environment.

[@tejaswinikhandekar441]

Please make a video on Goldman Sachs How can an engineering student get into investment banking without an mba

[@InsideIIMKonversations]

Noted ,we will try to cover this.

[@sahilmahind2305]

Sir Consultant ka kam karte samay India me kab aa sakte hai apne family ke sath kitna time spend kar sakte hai in a year?plz reply

[@InsideIIMKonversations]

Although life of a consultant involves a lot of travel but companies are becoming more and more conscious about work life balance. Also a person should give importance to what's most important and set boundaries.

[@Ana-vd1rl]

What skills are required to get through🙂

[@InsideIIMKonversations]

Watch more career path journeys here: Watch all the K-Cafe episodes here in one place: bit.ly/3vvh3yC

[@abhisheksingh6358]

What is the CTC ? Like how much they pay to fresh UG and MBA ?

[@InsideIIMKonversations]

This might help: www.glassdoor.co.in/Salaries/management-consultant-salary-SRCH_KO0,21.htm

[@captainfortnitegaming2889]

Which college is he again from in Pune?

[@neelsarkar7]

SIBM pune he said.

[@InsideIIMKonversations]

Symbiosis Institute of Business Management Pune

[@ShubhamMishra-gh1iv]

What are the things a CA Aspirant can build up if he wants to get into the Big 3 MBB firm after his CA

[@InsideIIMKonversations]

This is another related video that might help you: kzbin.info/www/bejne/Z6nZdKqiaql8bNE

[@nightwalker5727]

Your video caption is disconnected from your content.. way far!!

[@UMS9695]

How about looking into the camera lens at least a few times, away from parroting the teleprompter? Memorizing a few sentences will not hurt. 😄

[@innovativefacultytrainingkota]

Nice

[@InsideIIMKonversations]

Thanks a bunch !

[@AI.works98]

Deloitte India Please

[@InsideIIMKonversations]

Noted, We will try to cover that

[@rohit91jacob]

Colgate Palmolive

[@InsideIIMKonversations]

Thanks for your suggestion

[@prabuddha9894]

Salon sirf course bechte raho, IIM ka fees bharna kaafi nahi tha😑

[@shivamanand3908]

All about the company and nothing about the actual JD of consulting.

[@upayandutta8314]

EY

[@harankannan9414]

BCG,bain

[@creativemarvel4569]

You copy every single word of McKinsey &co CNBC video

[@InsideIIMKonversations]

We're sorry you didn't find any value in the video. Could you please elaborate on why you feel it's replicated?

[@huaweihonor7714]

Really DARK and controversial company and industry, overrated...

[@InsideIIMKonversations]

Learn more on consulting kzbin.info/www/bejne/mZizdaKjjaedmZY Hope that help you