Want a *High* Paying Job? Know Reality of IIM A, CAT Exam, MBA 1st (Ex SeniorPartner Mckinsey)

Welcome to The CEO Diary (on Shatakhshi Show) - the show that dives deep into captivating conversations! In this episode, join me as I sit down with the extraordinary Toshan Tamhane, a Former McKinsey Senior Partner and the current Global COO for UPL.
🌍 Embark on a journey through time as Toshan shares his riveting experiences during his days at IIM Ahmedabad in the early 2000s, cracking CAT and why he chose to work at Mckinsey & Co. Imagine being amidst the pulse of India's heart, witnessing both the profound Godhra riots and the catastrophic 2002 earthquakes in Ahmedabad, all while navigating the exhilarating Day 0 of placements.
📚 Delve into the heart of the Indian education system and gain insights into its intricacies. Uncover the fascinating dynamics of the Indian Passport, and explore its global limitations that often go unnoticed. Join us as we unravel the complex web surrounding India's tax structure, engaging in a thought-provoking discussion about its dilemmas and prospects.
📊 With an enriching background at McKinsey & Co., Toshan offers unique perspectives on the decision to step away from the corporate world. Discover the driving forces behind his choice, and gain valuable insights into the journey of self-discovery that ensued.
📖 As avid book enthusiasts, we also unveil Toshan's handpicked recommendations. Immerse yourself in a world of knowledge as he shares literary gems that have profoundly influenced his journey.
📈 If you're passionate about insightful conversations that spark ideas and curiosity, you won't want to miss this episode of The Shatakhshi Show. Join us for an enriching exchange that resonates with #barbershopwithshantanu, #FiguringOutwithRajShamani, #BackstagewithMillionaires, and more!
Don't forget to like, share, and subscribe for more captivating episodes that ignite your mind and soul. Tune in to unravel the untold stories and explore the depths of thought with the finest minds around. 🎧🤝 #TheShatakhshiShow #PodcastConversation #ThoughtLeadership #inspiringjourneys
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Video Chapters:
______
00:00-In this Episode…
03:34-Toshan's Childhood
08:58-Why do an MBA?
14:54-IIM Ahmedabad in the 2000s
23:13-Humbling experiences
27:59-The Modern Education System
36:08-Why Vinod khosla hates Mckinsey?...
45:08-I left Mckinsey because...
51:02-Indian Tax Structure...
59:47-The discrimination of Indians abroad...
01:06:26-How to have a Work-Life Balance?
01:14:28-How to have Enjoy your work?
01:21:05-Toshan's Book Recommendations...
01:26:19-Dealing with Failures....
01:32:09-Special segment for Young Professionals..
01:37:00-Signing Off...
Shatakshi is Co-CEO, Global Governance Initiative and ALTIIT Scholars | Ex-BCG | Advisor, International Affairs | Writer
Shatakshi Sharma's contribution to society has been recognised with 'The Most Promising Women Leader' 2021 award by the Economic Times. She was also featured in the 'BCG alumni network’, named a 'LinkedIn Top Voice India’ 2021, and chosen among 'The top Leaders in Education' by leading magazines in India.Her interviews have been published in leading policy and careers organizations- Modern Diplomacy, BCG, Poets & Quants, and Your Story.
She will be uploading content on career advancement (MBA, consulting), lifestyle, and career hacks.
• Thank you IIM Bangalor...
She will be uploading daily content on career advancement, MBA, and productivity hacks. Be sure to subscribe to the channel to get notified whenever she uploads the video.

[@Shatakshi.Sharma]

I am hugely bullish on learning in life than degrees. To learn directly from top CEOs and Industry Leaders like Toshan on how to advance your career in #ManagementConsulting, Impact Investing, #PublicPolicy and Product Management; get employment support- feel free to check www.globalgovernanceinitiative.org/impact-fellowship *Impact Fellowship* Program. We are starting a new cohort on this Independence day this August 2023. I'm also excited to share the new POD of our new series - The CEO Diary where we are capturing a CEO's journey, their hard decisions, their skills, and everything that gets done behind the curtains. I look forward to giving back my all to my growing KZbin community. If there are other CEOs you know you'd like to come on my channel, feel free to add in comments.

[@sunnysshah]

Shatakshi, the background music is distracting. It's okay to do away with it.

[@pratikdubey1600]

Hello Shatakshi You are doing a wonderful work. Can you build a course related to M&A also?

[@souvikmukherjee8419]

This level of good content is very rare.....A gem of a Podcast

[@Shatakshi.Sharma]

Thanks

[@iam_prathamesh.k]

the intro was so powerful, amazing podcast also a bunch of topics were spoken about which is amazing. It almost felt that he gave a raw chat n those emotions were visible (the background music is a great touch too)

[@Shatakshi.Sharma]

Thank you. Yes Toshan spoke his heart out

[@kumarganesh7108]

I watched some snaps of this video in youtube shorts and came here to see the entire episode. Its really valuable. Thank you Shatakshi!!!

[@Shatakshi.Sharma]

🙏

[@sunnyg0309]

The conversation from 37:10 just elevated to next level. Loved it! ❤

[@Shatakshi.Sharma]

🙏

[@amitkarmhe]

@Shatakshi Thank you for this podcast. One of the most inspiring and insightful podcasts I have ever watched. Please keep posting these types of wonderful content 🙏🙏

[@manishasingh7520]

OMG I am from Thane too!! Thank you Shatakshi for bringing such amazing professionals within our reach with such heartfelt realtime conversations. It's so amazing to know that people at the top also belong to the same humble places and origins. Have walked through the same lanes of Podar college and Matunga in Mumbai. Watching this while I am now living in the heart of Boston city, working within the Biotech hotspot around the Kendall/ MIT square of Cambridge. Please keep bringing such insightful conversations to our exposure! Thank you!

[@Shatakshi.Sharma]

:)

[@srushtirdhakate2636]

😊

[@politicallyincorrect1705]

There is something fundamentally wrong about the way Indian students and their parents glamorize high paying jobs ("packages"). Count the number of KZbin videos that say "How to get a Rs 1 cr package" or "Want a high paying job." A person's worth is determined in India by his riches. I live in the USA (passed from IIT) and most Americans don't have this mentality. They have bigger goals in life than to work for a FMCG and make a boatload of money. Ask Jeff Bezos, Elon Musk, or even Mukesh Ambani what their goals were. They will say things like "grow their company" or "build new products", but not "make more money." They are also not eager to jump ship at the first opportunity. Bezos never sold his Amazon shares and Musk didn't either (until he sold some Tesla stock to buy Twitter). Therefore, these guys are the richest people in the world. Our greedy IIM grads will do well in life, but will never become Bezos or Musk because they don't have the staying power or risk appetite of Bezos or Musk.

[@adityaanpan4696]

Damn bhai Very well articulated 👍 ik it's all about mentality but that's the truth of society but we can't do anything in that

[@AbhishekSingh-dk3ks]

That's why the Indian startup boom didn't see any builders like Elon, Jeff, Mark, Steve or Bill gates. All we are seeing is just a bunch of businessmen trying to make dhandha, nothing wrong in that but that's not building. And we indians lack in this sphere

[@bonniewright1103]

Perhaps the best episode till now as per learning & knowledge concern! Kudos to you for conducting this podcast! 🙏

[@Shatakshi.Sharma]

Glad you enjoyed it

[@syedrehanrazajafri]

Very interesting! Thanks to both of you! 😊😊

[@SujithChandrasekharan]

This is very insightful on so many levels. Thanks very much Toshan and Sadakshi. BTW, the BGM is super cool😀

[@Shatakshi.Sharma]

:)

[@riturazmishra6166]

He talked everything i was finding to be answered... Feeling good that i watched it

[@msan8888]

Touch wood! I felt like travelling ahead in time (from a dream career position)and giving the gyan to myself. Learnt a great deal from Toshan (resonating the sound in reverse to my name Santhosh) today. Truly motivational and inspirational video! ❤ Shatakshi Mam for this beautiful content. I 😍 forward for such content ahead.

[@Shatakshi.Sharma]

Wonderful!

[@Alexander_the_great__]

it's too much beneficial for us. Just love it ❤❤❤

[@bizzbitesByAD]

one of the best podcast that i have come across so far. The way sir spoke about things its what i will be looking forward to accomplish. Keep it up. I think it can a life changing podcast for most of the individuals. I will keep working harder and harder. Thanku so much.

[@vat016]

Toshan Tamhan's talks are truly impressive. His sessions are fantastic, and I particularly appreciate the choice of background music that accompanies the talk.

[@Shatakshi.Sharma]

🙏

[@humanityfirst5228]

i would love if there is no bg music , like i want my whole attention on ur words@@Shatakshi.Sharma

[@dhrumilvadera2025]

Hey Shatakshi! This is Gem of a Podcast!! Absolute Note taking Experiences, shared by being so modest & full of Enthusiasm. Thanks for bringing this podcast, looking forward to such many more, Cheers!!

[@Shatakshi.Sharma]

Cheers

[@shikshakamra2616]

Great episode Shatakshi!

[@Shatakshi.Sharma]

:)

[@Saloni_Deep]

Thanks to both of you. And the background music is so apt.

[@Shatakshi.Sharma]

☺

[@DevendraNaidusistu]

Content is absolute Gold Satakshi, you have done a good job mining diamonds from Toshan, and the background music is icing on top ..❤

[@Shatakshi.Sharma]

😊

[@utpaldatta605]

Such a beautiful conversation..and music is ❤

[@Shatakshi.Sharma]

:)

[@jayadevmenon]

Fabulous....great lessons for the next generation of Leaders.

[@Shatakshi.Sharma]

:)

[@pragyanatani335]

Hello mam , i came across your channel few days back and I am so hooked to your content ,, I am learning a lot and hoping to work with you one day ..

[@princepandey9386]

Always Insightful ❤

[@Shatakshi.Sharma]

Credits to Toshan for being his best with all his- knowledge, humility amongst many other traits of his :)

[@user-if6ed7wp6f]

What a great conversation.... Would request you to change the name of the video! There is so much more in this than just High Pay.... Thanks a Lot once again! Toshan and you are an inspiration for young B-school grads, grateful to have received such perspective!

[@Shatakshi.Sharma]

Yes, Toshan indeed covered many more topics for young professionals. Good luck

[@shrutiwaghmare5215]

Very helpful, thank you so much ❤

[@memelover6144]

Certainly! I appreciate Toshan and Shatakshi for their insights. The video helped me grasp effective communication, emphasizing the importance of pauses, humility, and articulating key points during my consulting firm interview. I got selected 😊

[@loveforfinance5291]

I follow you on instagram, but today I'm glad that I came across your channel. I can watch these podcasts at length while work alongside. These genuine stories inspire us a lot. Thanks Shatakshi :) 10:01 - when your dreams are big and you are in search of guide and you need an honest achievable roadmap.

[@Shatakshi.Sharma]

glad to hear you liked it

[@factvideos5179]

This is called ultra rich content.i didn't realize it was of 1.5 hrs .i was completely lost and noted many points in my notes. I always think that how frustrated life these busy people spend and they all care about money. But education, reading a lot of books to understand the different aspect of life makes you humble.Thanks a lot.waiting for more❤

[@Shatakshi.Sharma]

😇

[@roshansuvarna7299]

Such a humble and honest podcast ❤🎉

[@Shatakshi.Sharma]

:)

[@ajinkyagadkariajju]

Amazing Podcast !!

[@Shatakshi.Sharma]

thanks

[@107suvendu]

This guy is knowledgeable.

[@Shatakshi.Sharma]

:)

[@agnijdave2125]

Worth the Hour+ Thanks!

[@Shatakshi.Sharma]

🙏

[@realraj_15]

Thank you for these kind of gem contents

[@Shatakshi.Sharma]

🙏

[@bhavyashah9335]

Such a wonderful podcast. Its such a rich podcast that we actually get to know the rich mindset and perspective of Sr. Partner from McKinsey & Co. So happy to hear. And also liked the Background score of Podcast...if you can say whats the name of Background score. Thank You :)

[@Shatakshi.Sharma]

Thanks. It's rocket boys theme number

[@YashGupta-de6eu]

Brilliant one!

[@Shatakshi.Sharma]

:)

[@krishnanshuagarwal]

This is the type of content for which a platform like youtube was made for.

[@Shatakshi.Sharma]

glad to hear you liked it

[@user-vd2ol3ng4f]

Very nice 👍 podcast... insightful 🎉

[@Shatakshi.Sharma]

:)

[@thinklikeconsultant]

I felt evey word is like a sniper bullet, brainstorming sustainable thought in every words.. Made me feel lot of values from one video ❤

[@Shatakshi.Sharma]

🙏

[@swetachaturvedi3621]

Amazing podcast 👍

[@Shatakshi.Sharma]

thanks

[@tanvipatodia1015]

Very nice session!

[@Shatakshi.Sharma]

Thanks ☺

[@Vinaykumar-mu8qg]

Subscribed your channel last year, Best Interview Ever, Keep going satakshi, we want more content like this 🤗✌️, also the look suits you 👌💯

[@Shatakshi.Sharma]

🙏

[@avikmazumder8837]

Wonderful chat. Please lower the volume of BGM!

[@user-ie3js4ui8t]

Wow, loved it

[@Shatakshi.Sharma]

:)

[@head-down-pen-down]

I really loved listening this podcast, it's amazing🤩

[@Shatakshi.Sharma]

:)

[@head-down-pen-down]

@@Shatakshi.Sharma mam please share some tips to improve the profile, gdpi.

[@sourabhs8286]

Just wow!

[@Shatakshi.Sharma]

:)

[@sourabhs8286]

​@@Shatakshi.SharmaThe bar is set high and I expect more such insightful sessions! Thank you again.

[@akankshamehraytube]

Good podcast ❤ very informative for a cat aspirant

[@akankshamehraytube]

Maam for a student to go into a big fore how can it be possible I couldn't clear cat what else can I do please suggest

[@pradeeppatil4857]

Down to Earth person ❤

[@TravellingOnkar]

that background music in this podcast is cherry on the top ❤

[@Shatakshi.Sharma]

🙏

[@saikiran7452]

Would love if you could invite someone from the Investment Banking industry; would be really helpful for many, from getting an industry perspective to tips to breaking in! Thank you!

[@mulay1rv]

I'm from Thane too, and coincidentally, he is my school classmate, till grade 10th , JK school. I pursued my Masters from Michigan too ; not from UM , Ann Arbor though! Nice👍

[@Shatakshi.Sharma]

This is wonderful. Hope you are in touch with him

[@mulay1rv]

​@@Shatakshi.Sharmaactually and to be honest, no! Infact , just last week, we had a meet for lunch, especially as Toshan was around , but I couldn't make, anyways, he's on our whatsapp, thanks for the same!

[@bhavikpanchal1763]

Sitting for CAT this Year.. Let's see how it goes 🤞

[@Shatakshi.Sharma]

Good luck

[@user-xf4jc6wy7l]

Hi Shatakshi, I have been following your KTs here on KZbin, digging deep into consulting, and trying to reach out to you for real guidance. As you know in India there are a lot of talented candidates who don't get the opportunity to go to IIM/IIT/Abroad for their studies but they deserve to get a chance in MBBs and other consulting firms. I have been meaning to ask you if there is really a way for us to get into the top consulting firm by bringing knowledge, enthusiasm, and skills to the table and getting hired on the basis of the same? Also, will you hire us in your company? I really need you to guide me as you are the last hope for my dilemma! suggest a way and skills we need to upgrade.

[@lohitc636]

Could you please post the credits for the score used in the video. Ty!

[@monojitroy2181]

Very good podcast. But the background music is a little annoying

[@stevencolaco4931]

Why the music...so distracting....good interview

[@user-ze5fl5xo5n]

SIR is correct and appreciate his honesty. Most indian colleges are management institutes not business schools. Hence they produce good managers but not good bussinesmen or enterpreneurs

[@Shatakshi.Sharma]

that conclusion may or may not be true.

[@user-ze5fl5xo5n]

i was taking in generalities and not specifics @@Shatakshi.Sharma

[@parthbhagwati9809]

Found the music very distracting. Otherwise really good podcast

[@KSTANG12]

Sir, u can write a book with ur experiences with disasters.....

[@Shatakshi.Sharma]

good idea

[@akankshamehraytube]

Maam what can one opt for if we are not able to go into iim through cat ?? What can be other option to go into big fore

[@main_stream_media_is_a_joke]

ALL Business schools are started to make money If you are too naive to understand that nothing can make you see the light. Almost all people who go to business schools go there to make money... nothing wrong with that but accept this reality. If tomorrow Civil work starts paying 10 times the salary of a MBA........MOST will quickly switch over to Civil. There is no such thing as work life balance when companies are paying you through the nose. Crazy deadlines are set and the consultants are forced to follow these ridiculous timelines. Maybe after many years of experience under he belt a consultant may be in a position to choose projects with 'sensible' timelines...but by that time the new batch of fresh recruits are more than willing to take up 70+ weekly work from these former overworked consultants. Let's be real and at least have the balls to speak the truth.

[@priyankakbasu]

Interesting interview but the background music is distracting.

[@pragatinagar1866]

Hi Shatakshi... I have been following your videos from a long time. I recently got into McKinsey in a Finance role I really want to know as to how I can switch into consulting internally is it very hard or how should I prepare myself for the same 😊

[@Shatakshi.Sharma]

Congratulations. It can be hard. But possible- Mckinsey, BCG have different criteria/thresholds for hiring for different divisions. I wish you luck.

[@WorldExplorerIndia]

Please make video on how to ace GRE and also suggest tips, books, free reference materials and websites available

[@Shatakshi.Sharma]

will consider

[@ankulabhishekroy]

Great podcast, but this background music doesn’t go well with the rhythm. It’s very peaceful music.

[@user-vw3pu4gl7p]

IIM Tag Plays a great role

[@piyush1468]

"You move out of INDIA 🇮🇳 but INDIA will never move out of you"❤

[@Shatakshi.Sharma]

Yes

[@shinkysethi9108]

Which is the highest paying job or who earns more between HR, Marketing, Management consultant, Product Management?

[@hifzanadil5956]

Me on the one hand trying my ass off to get in ABC to make it to MBBs and on the other hand those tweets made me question my ambitions…

[@Shatakshi.Sharma]

Be true to yourself in life. Even a headstart with BCG, mckinsey is great addition to your career. First join and then decide whether you want to spend your life there. Dont give up before even trying/joining.

[@akashpatel926]

Great quality content.. great work @shatakshi

[@Shatakshi.Sharma]

:)

[@Notourious_hindustani]

why go for only high paying jobs ,can we dont built and run our own company and businesss and banks can we do cover in next session how it is usefull for developing and running business and startups for enterpreneur .can we learn all those stuff without going to bschool all that stuffs ,process steps mam

[@rohansable4879]

that's rocket boys background score

[@Shatakshi.Sharma]

:)

[@prasantt2]

Hi Shatakshi Mam, I am 34 and working as Support in IBM for 7 years after doing M Tech. Simultaneously I was preparing for UPSC but couldn't clear. Now I want pivot my career towards management, do I stand chance in GGI cohort?

[@scizor2212]

Don't you think you are late ?

[@anshraj7384]

Hey shatakshi Mam, I hope you are good. Plz guide me how can i join GGI. I'm a 1st year politcal science student.

[@Shatakshi.Sharma]

Application and eligibility are both on website

[@gappupanda4138]

Back ground music is peaceful

[@agrawalhitesh2670]

Everything is good but pls remove the background music

[@sufisarmast718]

Hi Satakshi,, I am watching your videos since last 2 months and really wants to join MBA Program designed by you, but I am scared that I will be able to do it or not and transit my career in consulting as I have 5+ years of experience in order to cash, AR profile,,, Now I wants to grow with GGI. Request you please provide me a guidance for Management consultant jobs. Thank you

[@Shatakshi.Sharma]

dar ke aage jeet hai- sufisarmast

[@kartiii_k]

if someone has worked in an unorganised sector , then how can he show his work experience to a mba college ??

[@Shatakshi.Sharma]

Highlight impact of your work

[@chahatsingh3718]

Five years later, I want to see myself at good business school like iims, or isb or xlri. Sorry, iim is a management institution.

[@Shatakshi.Sharma]

hahah- good observation and good luck.

[@shinkysethi9108]

Which is most highest paying job between management consultant or product manager?

[@Shatakshi.Sharma]

Generally consulting pays more. But geography, firm and designation- all 3 matters

[@shinkysethi9108]

@@Shatakshi.Sharma thanku for ur reply, mam!

[@pkdgkms]

Bhagawad Gita ??? A must read for all. Our ideals follow it.

[@Indian_Music1]

Aapki bate bhaut achi h pr please Hindi me bhi bolo and face to face talk ho to aur bhi acha ho jaye

[@shubhamtyagi625]

Please cut short the podcast ...these are too long

[@jamesraj8762]

you missed only atomic bomb..:) ...all other disasters, as if, in your bucket list.

[@gireeshsharma4904]

Please stop the background voice or (ton)

[@gireeshsharma4904]

So that we can listen properly

[@sameer5803]

Hii mam In 2024 I'm going to be appear on NDA examination. I have a very simple question for you. whatever I am reading I am not able to remember or recall it kindly give me some tips.....?

[@Shatakshi.Sharma]

Writing is a great technique to understand and remember things. So is revision

[@Psyduck_24]

This is what good content looks like, wonderful. 🤍💫

[@Shatakshi.Sharma]

:)