These are all very minor sacrifices in order to not have to work 80 hour weeks.
@sankrityavedanabhatla61432 ай бұрын
Why dont I see a thousand likes on this comment yet?
@cdub10592 ай бұрын
corporate truly sucks your soul though... I'm someone that exited from CPA firm into private equity and now corporate. I've never felt so dehumanizing before when I was in firm and private equity.
@pedromarques46122 ай бұрын
I'm not an expert but I've worked for about a year in one of the biggest consulting firms (it was not a big4) and I left not because it was very demanding, but because it was very "boring". Basically just a bunch of presentations representing future and ideal states. Coming from an industry related background, I've felt the contrary that you'te talked about (lack of impact and busy timelines to deliver stuff that was filled with wayyy to much useless info). Not to mention that if you do anything it needs to be checked by our superior, then by his/her superior, again, again and again. Then the big boss manager presents it to the costumer and you do the changes that they've requested.
@s_don576832 ай бұрын
I feel like this video mainly describes strategy consultants. When you look at Big 4 consultants (as well as similar companies such as Accenture), leaving consulting here typically leads to a pay rise or equivalent pay (but with much better working hours). Still a good video but I think you have overstated the benefits of consulting in this scenario. I work in consulting and I know plenty of people who have taken the consulting mindset of “getting things done” to their corporates and have seen huge increases in pay and progression without the internal consulting office politics of needing a Partner to back you for a promotion
@CaseInterviewHub2 ай бұрын
You're right - we are more focusing on strategy consultants. As you are pointing out, for Big 4 consultants, the move to a corporate often comes with an increase in pay (for strategy consultants usually not so much given the already higher salary baseline). We also know of colleagues who really have shifted the mindset of the company they joined. But we know way more examples that made the move to a large, slowly moving, and highly political corporate. Nonetheless, to your point, there are many attractive positions at corporates where you can really progress and have an impact.
@YOUinConsulting2 ай бұрын
Hey you're right in all of this, just saying: As a former MBB consultant, you are ready for it! I mean after a couple of years in MBB, you have got to know and worked with maybe >20 different companies, so you have reached mastership in navigating corporate environments and politics 🙂 Hence, you know what to expect and can handle it 😉
@mohibquadri40532 ай бұрын
Insightful !! What would be some best books to read for becoming a consultant ? I am a hvac engineer in Aec construction industry
@bordua982 ай бұрын
Great video!
@CaseInterviewHub2 ай бұрын
Glad you enjoyed it
@cdub10592 ай бұрын
I exited CPA firm into private equity and then exited private equity to corporate. I can tell you guys it's completely true. CPA firm and private equities are kinda like consulting, whereas now pretty much all I do in corporate is play politics...
@manoftomorrow59872 ай бұрын
That’s why you don’t chase money and when deciding on which job to take, try to choose the one that you’ll make the most impact with. The one that is a complete mess, so your experience and know how will have lasting impact. A lot of consultants get high positions as well without being true leaders and cannot manage a team.
@user-fe5xm9yy7k2 ай бұрын
We must be working in the same companies, I can fully relate, esp. to the slow pace and the many freeloaders 😂 But when it comes to the Big4, wages there are surprisingly low (unless you are a partner) and the exit to corporate gets you a significant increase. That is why people join the Big4, it is about increasing your own market value
@CaseInterviewHub2 ай бұрын
You're 100% right. We are coming from the strategy consulting point of view and the salary there is just a lot higher than at the Big4. So the move to a corporate usually doesn't come with a hugh increase in salary (usually it's actually accepting a slightly lower salary as a trade off for a much better lifestyle)
@AnirudhSrivatsa2 ай бұрын
Could you folks please cover unconventional consulting exits, for instance consulting to nonprofits/social sector work?
@CaseInterviewHub2 ай бұрын
Thank you for the great video idea! We already have a video about exit opportunities where we briefly touch upon nonprofits (kzbin.info/www/bejne/rpOshpyLhdqZn7ssi=hPFjImZYVq_YK8De). But if there is more interest on this topic we are happy to detail how colleagues fared that have made such an exit.
@AnirudhSrivatsa2 ай бұрын
@@CaseInterviewHub Got it, thanks for your response! I think a deep-dive video on each of the exits you mention there would be great with some anonymized but illustrative cases - especially the ones for which examples are harder to come by such as nonprofits or government work.
@2606aaron2 ай бұрын
@@CaseInterviewHub I would be also interested in!
@channel1channel1392 ай бұрын
Love the click-baity title :)) “harsh” reality of poor consultants from top school making tons of money, being still in top 5-10% of society by income and living standards - this soooooo harsh guys - hope you will survive it 😅
@CaseInterviewHub2 ай бұрын
As you are probably aware, money is not everything. And if you come from an environment where you were working with highly motivated colleagues on high-impact projects for senior clients, the shift to a corporate can be frustrating. And even your great salary won't make up for spending 40-60 hrs per week on projects that don't really matter with colleagues who don't really care. And this is...the harsh reality ;)
@sirachayakk72612 ай бұрын
What about the vice versa, from corporate into consultant.
@hugsdibude87102 ай бұрын
dont, just dont. 3/4 fail and either jump from one consultancy to the other or go back to corporate. If you dont do it early, you are too late for the game (at least top strategy cons). You also dont go to champions league at 45.
@xxxx-tb4de2 ай бұрын
Not possible. Slackers are not recruited.
@SolidHelion2 ай бұрын
"working on projects of highest priority and impact" - yeah sure Slow pace and not constantly "busy" - the usual trick for juniors. fast pace and bullshit work like "organizing office event" fulfillment Corporate politics not present in consulting - double lol
@agarg9322 ай бұрын
Same long hour/work alcoholic/ toxic culture bought to other companies from these consultancies
@xajare2 ай бұрын
Really nice that the IT support is an Asian guy and the office assistants women in skirts.
@CaseInterviewHub2 ай бұрын
We 100% agree that in an ideal world, the picture would look different. The reality though is that >90% of assistants at the leading consluting firms are women and that the vast majority of IT Support is offshored/nearshored to Asia (with the exception of hubs in Central America/South America and Eastern Europe). We are not trying to feed the traditional stereotypes here but unfortunately, this is just the reality.
@guillaume83722 ай бұрын
Consultants discovering these after a carreer being, lliterally, advisors for corporates made me burst in laugh. Your job's easy and overrated. Change my mind. I work for startups, selling to big corps, and know these intricacies since God's knows when. I understand now why all my friend having to deal with external consultants finds them useless. You just sit around, validating Execs strats that don't have an ounce of courage to carry, so they delegate, the responsibilities of their strategic decision.
@grigorioschatziandreou25582 ай бұрын
When you compare MBB, your compare it to Goldman Sachs and JP Morgan.. not Wells Fargo and Yamaha🤣
@CaseInterviewHubАй бұрын
The exit you describe is very unusual, an exit to a corporate is much more common