REALITY of Consulting EXPOSED | Pros and Cons of Consulting | Management Consulting | Insider Gyaan

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Insider Gyaan

Insider Gyaan

Күн бұрын

Пікірлер: 129
@Username6556username
@Username6556username 11 ай бұрын
In the sea full of glamourous videos abour consutling, this is such a refresher. Thank you :)
@amitkumar-gg3xs
@amitkumar-gg3xs 2 жыл бұрын
Hello, I am myself a consultant with 2.5 years of experience, each and every point you mentioned was so relatable, I myself am facing the same things every week. And yes the Fridays are so hectic - Logging hours, sending work schedules to junior associates, reviewing work papers over weekends setting up your calendar for next week's work/meetings everything. It was so nice listening to your points and agreeing with each one of them.
@vedantchapale1262
@vedantchapale1262 2 жыл бұрын
Plz peovide your LinkedIn profile
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
❤️❤️ 🙂
@Unknown-il1ul
@Unknown-il1ul 2 жыл бұрын
Every career has a toxic side to it :) It's on us to handle it well. Loved hearing about your perspective.
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Pros and cons...agree :)
@emilyau8023
@emilyau8023 Жыл бұрын
A year later but I disagree my company's culture is not toxic at all compared to consulting.
@pankajkalra7795
@pankajkalra7795 2 жыл бұрын
Thank you so much for useful information...i was thinking of going in consulting but i got clarity here to not to do so.....i am very happy in my manufacturing industry ..money is less as comparison to consulting but working hours are also 8-9 hours /day
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
That's the right takeaway :) glad it helped!
@maheshkumar559
@maheshkumar559 2 жыл бұрын
i am a project manager in a retail company and best part is that i have to travel a lot but everything i have to do by myself such as hotel booking, flight booking etc
@karanbhatia639
@karanbhatia639 2 жыл бұрын
This is so true, many of my friends from IIM and ISB who had joined MBB firms left in just 2- 5 months of joining its so toxic.
@anmolgulati8882
@anmolgulati8882 2 жыл бұрын
Hi. This feels so relatable 😅. Appreciate your effort in taking this effort to post this. Looking forward to good unfiltered content. Best wishes
@BrokenRecord-i7q
@BrokenRecord-i7q 2 жыл бұрын
Raw and unfiltered insights, thanks :)
@sunilkumarj2499
@sunilkumarj2499 2 жыл бұрын
Thanks a lot for speaking up so openly thanks a lot once again please keep up this courage keep helping this society
@rajpai9047
@rajpai9047 2 жыл бұрын
Thanks for putting your efforts to show the other side of the coin in business consulting.
@gargadutta11
@gargadutta11 2 жыл бұрын
Such a genuine and raw fact about consulting.Thank you Soumi Ma'am 😃🙏
@vaishnaviyadavofficial
@vaishnaviyadavofficial 2 жыл бұрын
I started my career with consulting and even though I learned discipline and importance of presentation of data and insights, I believe the growth as an individual and as a professional in terms of skillset is very limited. As a fresher, if you have the ability to take risk, I believe it’s better to learn multiple skillsets over running after smaller perks and it will have a long term positive effect on your future.
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
On the contrary i think beginning of ur career, consulting can be a very good learning experience…plateaus later
@vaishnaviyadavofficial
@vaishnaviyadavofficial 2 жыл бұрын
@@InsiderGyaan that’s what I meant, like you get the experience for a year to get the basics right and learn what it takes to be particular about the deliverables and then move to more skill based jobs in the early years of your career. I did it for 10 months and that was enough as I got to work on multiple projects and I understood the importance of reviews before pushing out any data that might be incorrect or would lead to management take wrong decisions for the future of the company in the bigger picture.
@cashmoney2159
@cashmoney2159 Жыл бұрын
​@@vaishnaviyadavofficial for which company you worked for
@ManishSharma-zx1cg
@ManishSharma-zx1cg 2 жыл бұрын
You are really doing what your channel name is..these type of insights as shown in this video are really insider insights which usually not available but you introduced us with that. Thanks for the same.
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Thanks much Manish :)
@siddharthsahu4437
@siddharthsahu4437 2 жыл бұрын
Such a awesome insight ✨✨💯
@siddheshakhilari2248
@siddheshakhilari2248 2 жыл бұрын
Thank u so much ✨ u are so pin pointed and the videos are most of the times so structured 👍 keep going all love nd support to u ❤️
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Thank youuu means a lot :))
@RupanagudiRaviShankar
@RupanagudiRaviShankar 2 жыл бұрын
@ 2.43 ish.. true I agree with your point ma'am. I also really hold this view. but with the same logic can one be shabby with tons of knowledge and experience, when he/she meets the client? after all what does the client want, solution, not the grooming standards of the consultant. This is the doubt which plagued me all through my career. (now @ 65, yet to get an answer to this) your feedback will help the younger generation I guess. regards
@Omnamahshivay8079
@Omnamahshivay8079 2 жыл бұрын
Yeah travel is kind of a candy that entices everyone, But consulting just takes you from the airport to the hotel or office and back. In anycase , we had hired greekos and Filipinos for the very reason that their countries visa processing times are a lot less.
@vinayakrokade9237
@vinayakrokade9237 2 жыл бұрын
Thanks it was insightful Never thought traveling could be bad sometimes
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Well it gets to you after a point 😁🙈
@pjray8642
@pjray8642 2 жыл бұрын
All good points Soumi other than the first one. At least in the US there are plenty of exit ramps to other companies once you get a certain amount of functional and industrial knowledge. The rest is all true as someone like me with 8 years of consulting experience would know. The best part of the experience was all the points and miles I accumulated. I presume you have videos on how it is for women in consulting, in the US most women who have been in consulting for any reasonable period of time are highly stressed, divorced and living with their cat.🤣 I guess the reason why one finds so many Indian men in consulting in the US, other than visa reasons, is that they don’t care much about spending much time with their wives and don’t want to sacrifice any pay for a non consulting, corporate job.
@swavnasahoo711
@swavnasahoo711 2 жыл бұрын
Greetings Mam. Last week I got selected for my job as Risk Consulting Analyst for PWC via campus placement. Could you please tell me what skills/projects should I do beforehand and at job to excel and scale up quickly?
@shambhavistuti2999
@shambhavistuti2999 2 жыл бұрын
Hi ma'am , please share your views about Operations as well, the roles and responsibility , scope and also the placements of operations in IIM's . Thank you for such informative videos , they are really helpful.
@barney9664
@barney9664 2 жыл бұрын
Amazing video mam, so grateful to have you as our mentor. Please make same kind of video for investment banking.🙏🙏❤❤
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Thank you!! Will do :)
@romit298
@romit298 2 жыл бұрын
Loved the video ☺️
@AmritaMishraPerformances
@AmritaMishraPerformances Жыл бұрын
Agreeedddd!!! Even I don't understand the point of sharing extremely aesthetically pleasing decks 😅 Uff uff uff, so relatable!!! 🥲🥲🥲 I am working in Consulting for 1 year. :)
@rajanraju2857
@rajanraju2857 2 жыл бұрын
Thank you ma'am for providing such minute details which might seem smalll but definitely impacts ones perspective towards consulting
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Absolutely. And most important to take an informed decision
@rajanraju2857
@rajanraju2857 2 жыл бұрын
@@InsiderGyaan yes ma'am definitely
@FTG345
@FTG345 Жыл бұрын
@insidergyaan Are you using Tamil sprinkled in your presentation?
@AdityaPatil-gc9qb
@AdityaPatil-gc9qb 2 жыл бұрын
Just joined an operations and lean manufacturing consulting firm. Its been 2 weeks now and yes it is very hectic don't know maybe because its my first job or what, but this two weeks have taught so much that I haven't learned in my 4 years of BE
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Work ex is always the bigger teacher than coursework :)
@nirisaraf3833
@nirisaraf3833 2 жыл бұрын
Thanku mam🙏🙏 your honest opinion is very helpful to take decision abt our career💯
@sahitya044
@sahitya044 2 жыл бұрын
Your content is absolute gold!!
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
🙏🙏🙂
@satyabratamohapatra3477
@satyabratamohapatra3477 2 жыл бұрын
Hi Soumi.. thank you for a short but very detailed video,. well presented and explained... I worked for a iT product base company and cleared all my rounds for management's consultant manager role... but still confused to accept the offer or not . is there any other way... we can talk and need your suggestions...
@GavinMarkable
@GavinMarkable 2 жыл бұрын
It's better to have been there and done that with a positive mindset... Rather than wondering what it's like!
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Ofcourse most people do that
@chhavisharma8426
@chhavisharma8426 Жыл бұрын
Please suggest a book to prepare cases for consulting interviews
@beatricetsf
@beatricetsf 2 жыл бұрын
Amen!!! Preach it!
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Haha!
@somkanskar8931
@somkanskar8931 2 жыл бұрын
Thanks a lot for such precise information.
@Machaivelli
@Machaivelli 2 жыл бұрын
This is brilliant video and insightful for folks like us who want to switch their career post mba !!! Will be great if you ask akhil to make a similar video on his profile of finance ! The pros the cons etc
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Thank you, and will definitely do :)
@minturehman5887
@minturehman5887 2 жыл бұрын
Hey, what about the vacations provided? Do you get at least 30 days of leave in a year? What about sick leaves?
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Typically 20 leaves n sick leave varies
@shivsingh-qk7jp
@shivsingh-qk7jp 2 жыл бұрын
I everything is toxic in this bloddy world i am a 1st year collage student seen videos on youtube about every profession i find always there is one man who talk negetive about their respective profesion
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
There are pros and cons to everything :)
@treshagupta6050
@treshagupta6050 2 жыл бұрын
Hii Soumi! Curious to know if you knew about these cons via any mentor or any other sources before taking up consulting or did you come across them while working on ground?
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
While working on ground :)
@Omkar3324
@Omkar3324 2 жыл бұрын
An erudite is someone who displays less than he knows: a journalist and consultant, the opposite.- N. N. Taleb
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Dont think consultants do that - more like packaging the info from companies themselves to make them see some insights 😁
@Omkar3324
@Omkar3324 2 жыл бұрын
@@InsiderGyaan as far as my experience in credit ratings goes, the analysts have always only said what the company knows. and the economists' job in the ratings or consultancy company is lesser than that of an hr.
@ricktz6752
@ricktz6752 2 жыл бұрын
Mam I have almost 6 years of work experience in pharmaceutical sales worked with leading Indian multinational companies but I don't have strong academic record I have 6/6/6 how can I get executive MBA from Tier 1 MBA colleges? Currently working as Area Sales Manager.
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Hey - you can try building the leadership points in your workplace to make profile stand out
@devm.9189
@devm.9189 2 жыл бұрын
30k soon!!!!
@amitsinghtomar541
@amitsinghtomar541 2 жыл бұрын
Being a consultant I can totally feel your pain. The crux of the matter is, there is not much core work done or value addition to one's personality. Thanks for sharing your views so openly. 🙌🙌
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Thanks Amit. Actually personality wise i have inproved quite a lot but hard skills not so sure
@mohitsabat23
@mohitsabat23 2 жыл бұрын
maam really grateful to have such best of the best Mentor
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
🙏🙏🙂
@izzymizzle
@izzymizzle 2 жыл бұрын
I love the transitions between english & hindi. Makes it feel like the content isnt made for a soley white/ american audience
@umangkumar9351
@umangkumar9351 2 жыл бұрын
maybe that's why, its a highly paid job.
@MadVish_YT
@MadVish_YT 2 жыл бұрын
Good to hear it's highly paid job😂, I just resign from my consulting job because they were giving me lowest salary :⁠-⁠)
@GaneshKumar-jt8zu
@GaneshKumar-jt8zu 2 жыл бұрын
Thank you IG❤️
@ananddevvanshiya7996
@ananddevvanshiya7996 2 жыл бұрын
Hlw mam... After getting 2 years experience... Can we join MBB as a BA...? Isme age matter krta hai ?...
@AK47-666
@AK47-666 2 жыл бұрын
But how tf do I start as a consultant???
@nucleargamingco419
@nucleargamingco419 2 жыл бұрын
Hey good insights thanks😁, and I have one video idea, I want to know about case competitions, what they are, how are they carried out, and any other detail.
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Noted :)
@Ravii931
@Ravii931 2 жыл бұрын
Hi mam 😀thanks for making videos ...mam yesterday I saw a job of background verification in some consulting company ..I don't have any idea about it..I just wanted to know whether they verify candidate documents or any other financial documents.. my maths is weak 🤔 ...I am very new I am looking to start my career but I don't know anything..but I want to know in this also we will not get hard skillt???🤔🤔🤔🤔
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Did not understand the question. But should apply and see for yourself. Ifnit turns out well for u!
@Ravii931
@Ravii931 2 жыл бұрын
@@InsiderGyaan thank you for your response mam..it's bgv profile in companies like Pinkerton, inquest advisories, securities India. My question- 1)So is it a skill based job🤔 2)who should do this type of job..3)is it the you have discussed in this video?
@sohammondal406
@sohammondal406 2 жыл бұрын
Do you think consultants will be replaced by AI.
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Def not
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
@@strugglehard2651 nope :) demand for SW is only increasing with growing tech
@shubhamkarhale-p2729
@shubhamkarhale-p2729 2 жыл бұрын
@@InsiderGyaan It will be really helpful if u could provide or make aur video with some data and insights on why consultation is not going to replace by the AI?
@sohammondal406
@sohammondal406 2 жыл бұрын
Claim them back means..? Do consultants have to pay ticket prices from their own pockets and then then have to claim for reimbursements?
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
U get corporate card. But if you dont submit claims to get expenses approved, company wont pay ur bill. And late fees will keep piling up which u will have to pay.
@energeticmind1791
@energeticmind1791 2 жыл бұрын
Time management কি করে করো এত কিছু কি করে manage করো ভালো থেকো
@spiritualseekertarot
@spiritualseekertarot 2 жыл бұрын
Hi Soumi, I have been recently watching your videos on consulting and it has been super helpful. Can I have a 1:1 connect with you, I needed some career guidance
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Hi Richa...won't be able to do a one-on-one but feel free to email ur questions. Will get back :)
@raghavendracoimbatore3781
@raghavendracoimbatore3781 2 жыл бұрын
Good video ...🙂
@sitenduroy
@sitenduroy 2 жыл бұрын
Very honest sharing
@rafi9177
@rafi9177 2 жыл бұрын
Is process consultant is good to opt as a career path compaired to associate project management?
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Yar these titles vary from company to company. Focus on the roles & responsibilities and then take a call
@Aishmahatme6
@Aishmahatme6 2 жыл бұрын
Is it toxic in office politics way or in a too competitive way?
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
In a way thats explained in the video :)
@ZaidKhan-su3ey
@ZaidKhan-su3ey Жыл бұрын
So this is hectic job right? We can't even get enough sleep in this? Like 8 hours?
@ekansh907
@ekansh907 Жыл бұрын
14 hr
@sahabrandon1
@sahabrandon1 2 жыл бұрын
Does management quota is available in IIM Calcutta ?🙏 I am curious to know because my friend did pay for management quota in his mechanical engineering from mit Pune ! And I am doubting his mba from iim c 🙏
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
No there r none
@Panditponga53
@Panditponga53 2 жыл бұрын
Dear mam Please make a video on skills required to be a successful consultant..! I am curious to heard from you.. hope you work upon it..! Yash
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Will do Yash :)
@AK47-666
@AK47-666 2 жыл бұрын
I'm a recent graduate and I wanna be a consultant so bad. Refer me!!! Please get me placement!!! I wanna get hired
@shubhamsanjaykhatri7154
@shubhamsanjaykhatri7154 2 жыл бұрын
Ma'am please share positive side of consulting also
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
A lot of it on the channel :)
@neMgieTV
@neMgieTV 2 жыл бұрын
Thanks from Amsterdam🇳🇱
@butan9019
@butan9019 Жыл бұрын
👏👏👏
@PrasannaThawait
@PrasannaThawait Жыл бұрын
This is an informative video but also misleading. You are just talking about strategy consulting and generalizing it as consulting. There is more to consulting. I am a consultant. We have provided the strategy and implementing it on ground. I have skin in the game and the ownership also. I have dealt with the on-ground problems. So please clarify that this is about strategy consulting.
@naveen12
@naveen12 2 жыл бұрын
Not against any language, but please keep it English.. I dont understand some of those things..
@ananya5581
@ananya5581 2 жыл бұрын
Relatable!!
@sohammondal406
@sohammondal406 2 жыл бұрын
There are caveats and tradeoffs in every career paths.
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
For sure!
@chiragchauhan1786
@chiragchauhan1786 2 жыл бұрын
mam, bhaiya ji ko bhi lekr aao FINANCE life k bare me pura guide krne ke liye!! GEN.MAN & HR wale bhi agr ho ske to
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Karenge koshish :)
@loser3357
@loser3357 2 жыл бұрын
@@InsiderGyaan yep 🙂😎😗😛
@anishmahajan1399
@anishmahajan1399 2 жыл бұрын
No women no cry
@ReturnOfJackDawson
@ReturnOfJackDawson 2 жыл бұрын
Ok sorry but can you either speak completely in English or in another language? The title is very confusing because it’s in English, but the language in the video is a mixture
@anandvyavahare2031
@anandvyavahare2031 2 жыл бұрын
How would/should one deal with the first issue of being generalist after working as a consultant? Specially if you are either still in consulting in your mid-senior/senior level or starting your career in mid-senior/senior level?
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
Some people try to follow the subject matter expert path instead of partner path. Others move to other firms to develop hard skills
@anandvyavahare2031
@anandvyavahare2031 2 жыл бұрын
@@InsiderGyaan Sounds fair. The thing is I am moving to management consulting role after 4 years into IT. So I don't want to again struggle after a few years of experience into Management consulting. I would always prefer a more technical role than a generalist role for my senior level.
@Life_is_everything
@Life_is_everything 2 жыл бұрын
Reality
@mddanishalam8816
@mddanishalam8816 2 жыл бұрын
1st World Problems
@poppy23456
@poppy23456 Жыл бұрын
consulting is overhyped bs lol, why would you slog like a donkey for 12 hours day to fill their coffers and burn your life. There are better career options available where you will have an opportunity to make your money work for you.. Alas..
@CrazyDance182
@CrazyDance182 2 жыл бұрын
Operation walo ke life ke baare me koi baat nhi karta please uske baare me bhi bataye jo bhi aapne dekha suna hai apne friends and seniors/juniors ko
@NaimishBaranwal
@NaimishBaranwal 2 жыл бұрын
In consulting, client is god.😑
@InsiderGyaan
@InsiderGyaan 2 жыл бұрын
In any industry
@DJAK0999
@DJAK0999 Жыл бұрын
💯 😂 Claims😅
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