What the heck does a consultant DO, exactly?

[@MConsultingPrep]

Check out our 2024 updated McKinsey SOLVE screening test here: kzbin.info/door/Go4-qWsTYnGKhXeghZE6hA

[@wgconsultants3030]

Where were you about 15 years ago when I had self-started my consulting firm and had to learn each and every single thing on my own? This was 5 years worth right off the bat. That's probably a conversion of a mere $1.2million dollars of fees for you lol! Thank you for being the only one in the world to ACTUALLY explain in detail what consultants do IN DETAIL. Not just say "I do management consulting and I help businesses solve problems". You actually give PROCESS to your explanation.

[@monishraza4303]

WG Consultants now whts the position of your firm

[@monstersince]

bullshit

[@DL-fl5ul]

Why would you start a consulting firm if you didn't even know this?

[@ihatemyself2208]

Weird flex but ok

[@pravingowardun8332]

@@DL-fl5ul You start a consulting firm because you got exceptional skill, knowledge and insights into a subject that you feel can bring value to your potential clients. Basically when u start u r technical experts. However, as ur consultancy grows, you feel that u r forced to learn a lot of the peripheral knowledge that will make you enhance ur service offerings and meet the requirement of more customers...

[@sidsaini6211]

This is easily the most detailed yet super simplified explanation of consulting as a field of work. Exactly what I was looking for. Helped crystallized a lot for me. Thanks a ton man for the value-add!

[@kadambarih.a9038]

My MBA course had almost 5 different subjects to cover what you did in 16 minutes, awesome. My resolve to get into management consulting is even stronger now.

[@olamidecooldude]

Hey! Just checking in, I’m about to start the journey to get in too. Are you in yet?

[@TheCMSDaisy]

The amount of work is tremendous and the variety of work is complex. I can now imagine a good work attitude and great team support are crucial for a consultant to persist through his/her career. Thank you for the vid!

[@MConsultingPrep]

True! It's a hard job. But you will be surprised you can adapt to it quite quickly ^^ (meaning you grow a lot as a person).

[@DanielIles]

As a small business consultant this is very helpful for me to better organize my business. Having a plan organized like this will help me so much to gather my thoughts and systematize consultation. THANK YOU!!

[@themateoyoung]

5 years later and still super helpful! Thank you!

[@MConsultingPrep]

Hope to hear this even 5 years from now ^^.

[@jean16carlo11]

The complexity on how the solution is found is both exciting and a little frightening. While all of your steps seem highly logical it excites me to think of how rewarding it can be to find that logical next step(s) to answer a simple but hard question. This video is super inspiring!

[@MConsultingPrep]

Well sharing is caring! We would love to give you more exciting and frightening videos and articles ahead! Btw, have you read our articles at mconsultingprep.com/blog/?

[@SineadRagonesiBrowne]

Really helpful -thanks for taking the time to put it together

[@jeetenmorar]

Not trivial. Useful detail for those interested in heading in this direction. Thanks!

[@kimmconsultingprep482]

You are super welcome! Hehe! ^^

[@alicialee2450]

This question has really been disturbing me since a very long time too. Everywhere I look it just tells me that consultants solve business problems, analyze them, etc. but what I fail to understand is what sort of business problems? But now, I get it. Thank you a lot!

[@vegetossgss1114]

Unfortunately there are no part time jobs for consulting; it is a very interesting job but it is very time consuming and leaves no free time; part time consulting jobs should exist for people willing to do a stimulating and challenging job, but at the same time have a good personal / professional life balance.

[@sanmayajolly1225]

I had a feeling that "solving business problems" meant something of this sort, but seeing the sheer volume of data that you had to pore through to come to an informed opinion backed by explanations seems overwhelming. Wow. Good going though! Love your vids. Keep 'em coming. Cheers from India!

[@kimmconsultingprep482]

Love your comments too. Keep 'em coming. ^^

[@Fraczon92_games]

so basically consultancies are well-established networks of knowledge, to be sold at ludicrous prices to whoever is in need :D anyways the video is awesome and really clarifies a lot of what actually happens in a consultancy. great work

[@goxdie000]

Knowledge is power!!

[@micsokoli9162]

Intellectual fixed assets, yes :)

[@watson457]

Exactly. You're not paying for the individuals billable hours, you're paying for the collective experience of the entire global firm.

[@sidharthmahajan4538]

Million times better explained than any info session I have attended. Absolutely brilliant work...

[@MConsultingPrep]

Iam happy that this video helps ^^

[@farzadk.2633]

This is hands-down one of the best teaching videos I have ever watched. Koodos to you man. Now I know what consultants really do and the work looks challenging but also very exciting. I will be applying to the Mckinsey office in Vancouver this fall.

[@MConsultingPrep]

Hopefully this video helped you! How was the result?

[@PGaneshKumar5]

Kim, your video is pure gold in terms of perspective into what consultants do! Keep up the great work!!

[@justin_fuchs]

Seriously the best explanation of management consulting I’ve seen! Nice work!

[@MConsultingPrep]

thank you thank you thank you^^

[@mj9489]

The way you casually slipped in that business trip to Thailand! I'm not sure I could get used to that being an acceptable thing to do... This one project sounds more complex, interesting and challenging than my entire (8 years) "career" so far. Thank you!

[@michellend9279]

Thank you. This was really helpful for me prepare for case study interviews. As I have zero knowledge about case studies, watching your videos really make me more confident about approaching the interview. Thanks again.

[@alokpolawar]

That seriously was an eye opener! Thanks a tonne! It would be of great help if you can similarly explain the different responsibilities of management consultant, business consultant, technology consultant, strategy consultant etc..

[@MConsultingPrep]

Hopefully this video helps. Btw, thanks for your recommendations! I will definitely note it down. In the meanwhile, have you got all the aspects in management consulting featured in our website: mconsultingprep.com/blog/?

[@halbeshahnchen6344]

I was hoping to find a decent video explaining what consultants do. What I found is simply amazing, thank you very much.

[@NafisaAthiya]

WOW! This is amazing insight :D thanks for giving such comprehensive example with great detail of what you do on a day to day basis! It's super useful even 7 years after :")

[@MConsultingPrep]

I can't believe it's already 7 years as well ^^.

[@shreyamathur467]

This video is much informative and this is the video i was searching for, it contains the information more than my expectation. I want to convey my thanks to this video maker.

[@zomarzoo8764]

What exactly do u read please can u share because I like analysing numbers but I just hate to look for data and find data!!!

[@arpitdahiya2517]

Extremely amazing Waiting more such videos

[@MConsultingPrep]

Thank you for the nice comment. Really means a lot^^.

[@aniketchitre1566]

Thank you for this fantastic video! Most consultants I have spoken to when I've tried to find out more about this profession have ended up giving me vague and cliched answers, so I really appreciate this in-depth insight into management consulting.

[@hallejohnson9248]

this is the best explanation of what a management consultant does

[@katrinas8128]

Excellent presentation! Thank you!!!

[@mmeister7]

Possibly the greatest consulting insight video of all time. I like this level of detail, I like what you did, I like the idea of travelling down a river in Thailand and I want to know more about your excel model. I think I would love consulting. I'm going for a final round with Mck Risk however which seems different. I imagine client work is very quant heavy and model driven, but I'm happy to pick up the tech knowledge although being an actuary is not my forte per se. Do you know anything about the Risk practice?

[@Amcore123]

How long had you been working at McKinsey before you worked the cement project? (I want to get some idea of the learning curve...) Also, I would love to know your thoughts about working at McKinsey vs. Bain, BCG, Accenture, or other top management consulting firms.

[@eeshmehra3484]

While the process of searching the information from the internet about the detailed process of consultancies. I found the exact information which i was searching for.. from here so firstly i want to convey my thanks to this video owner for sharing this valuable information. This information helps me a lot in making the strategies for our clients.

[@willshadbolt7091]

This definitely helped solidify the fact that management consulting is a career that i'm interested in pursuing. Thank you mate.

[@MConsultingPrep]

Great to hear! Keep watching all of my other videos ^^.

[@zomarzoo8764]

And is day to day life of operation manager and operations consultant the same???

[@JOETERRANY]

Finally!!! Someone who actually explains what consultants do! Not sure why this is so hard for people to get across, even making this video in half the time would be very insightful. Question, where do you learn the skills to actually Implement all of this? Do the companies you work for train you?

[@MConsultingPrep]

Hi Joe, thank you for the nice comment. Yes I was frustrated not knowing what consultants do until I finally became a consultant myself. To answer your question, McKinsey trained me very very well ... and I have a great team here at MConsultingPrep^^.

[@heyS184]

TWO QUESTIONS: About how long from start to finish would you say you worked on a typical project of this caliber? And were you working on other projects at the same time (if so, how many/to what degree)? GREAT video, all of your material has been super helpful as I progressed in my degree/internships.

[@MConsultingPrep]

Each project last about 3-10 months. No, unless you are a Partner, you only focus on one project at a time. Hope this helps^^. ===== If my content adds value to you, feel free to buy me a coffee: www.buymeacoffee.com/kimtran

[@naveen12]

@@MConsultingPrep What if you leave the company? who takes care of the project and how?

[@HarukiYamamoto]

I am a building services consultant. This is very similar to the process I use. Especially with engineering audits. A lot of people do not appreciate the sheer volume of documents we have to read to make our recommendations.

[@MConsultingPrep]

Thank you for the interesting insight^^

[@harveerdhillon8612]

What an amazing video. To actually tell us the work of a consultant. Thank you so much.

[@MConsultingPrep]

My pleasure! Let me know if you have any question ^^.

[@gilbertdaaboul5095]

Enjoyable video!! Would you mind sharing with us the software that you used to make this video? Thank you!

[@MConsultingPrep]

Hi Gilbert, it's the good old Prezi^^

[@basseymosesyong]

My gosh! This is a great deal of info. Well detailed and simplified. Thanks so much for sharing.

[@DonSultanable]

Wow that video was really helpful! I realized that this process has a lot of similarities with how a researcher aproaches a research question... thank you!

[@MConsultingPrep]

Hope our video helps! Yes, I agree that logic and structure are the key approach to any problems!

[@JaniceYang-c1y]

Advanced PD, Cement 101 PD, here PD appeared multiple times. What does PD mean for?

[@MConsultingPrep]

It's like the "Knowledge" document within the McKinsey database. Presented in slides format. ^^

[@traceyzhou4204]

Great video! I like all your visual illustrations and your emotions instead of being a textbook style! Very realistic, informative, and cute

[@praveens4279]

content over graphics, easy peasy to understand...what a way to explain.

[@MConsultingPrep]

You bet ^^.

[@philip_kasper]

Thoroughly put and overwhelming information, truly eye-opening! thanks a lot for putting it together

[@MargaretEaster]

Wow! That was awesome! This video really helped me understand the career for which I am preparing. Thanks!

[@billelabdelbassetboudouma325]

Hi Kim, Great video, thank you for taking the time to explain in such a good way. All the best

[@urvilshah5591]

Crisp and Clearly explained. Thank you for this video! This will help me a long way

[@emj2515]

Hey there :) so far this video is the best consulting prep material ive ever encountered! Looking forward to learn some more from your site. Xoxo

[@jeremyalvaprathama4069]

You just earned a sub. Great video!

[@MConsultingPrep]

Thank youuuuu

[@bkalrasheed]

Thanks a lot! Very clear and concise. I felt the challenge that such jobs requires and understood if this type of career would interest me. Good luck in your future endeavours

[@camillagonzalez5373]

Love these videos! Eager to watch the slide writing video, keep it up! :)

[@nickbyrd1027]

This was incredibly helpful and very comprehensive! Thanks for taking the time to do this.

[@fernandoonosaki9545]

Great video!!! Congratulations! Very aligned to the MCI - Management Consulting Institute methodology. Using SCQ and MACE!!

[@zacharoo13]

That answered a lot of questions in 15 minutes, thanks so much. I felt so invested in the case I wanted to know whether your insights into the cost cutting improvement levers ended up weighing in enough to change the final recommendation on whether to close the plant or not?

[@WelaSA]

What is sanitising a document?

[@kwanpakshing]

I can tell there is one thing excellent that you've demonstrated through your project experience - the very logical common sense for raising framing the right questions and then even more logically to figure out those questions one by one with strong execution. I think the more project experiences you accumulate, the more your common sense will get in asking the right questions. i think that's indispensable .

[@MConsultingPrep]

Yes, I do agree!

[@orionanderson6719]

Thank you very much for this content. Look forward to more.

[@MConsultingPrep]

Awesome!!!

[@harshraylyn]

Perfect. This is exactly what I wanted to understand about consulting work instead of the fix business problems analogy. Thank you!

[@MConsultingPrep]

You're welcome!!

[@dianapichurkina4814]

Thank you for the video with great visuals to help process the information!

[@shalusharma1984]

I was searching the website for the purpose of getting the information about the effective consulting process which i got from this video. It also make me able to give the information about the clients relationships with the consultancies. Now i can resolve many issues related to my client acquiring process. This video helps me in increasing my confidence related to consulting process.

[@monasa4676]

damn that was some great content. loved it. you are great. love you

[@MConsultingPrep]

Haha, I love you too^^ ===== If my content adds value to you, feel free to buy me a coffee: www.buymeacoffee.com/kimtran

[@jcq6693]

I almost never post comments, but this video was an amazing explanation of what management consulting actually looks like in practice. Thanks for taking the time to explain so thoroughly!

[@MConsultingPrep]

Glad our video helps! Don't forget to visit our website for even more insights about Management Consulting: mconsultingprep.com. Leave us any messages if you need any help!

[@Manishdna]

Thank you for sharing! Helped me a lot!

[@MConsultingPrep]

You're welcome! ===== If my content adds value to you, feel free to buy me a coffee: www.buymeacoffee.com/kimtran

[@nrstatuscreation5781]

Send me rsn id

[@cixi1987]

Wow! Thank you very much! I have talked to many consultants and none has explained the work so well! In less than 3 months I will start working as a management consultant. Care sharing tips on how to use the pre-consulting time wisely? What to read? What to prepare? Which skills to sharpen and how? Thanks again!

[@chrisankobea]

Thank you so much for this video. You put together a really insightful video that flows well and answers a lot of questions I had about the world of consulting.

[@StevenL4592]

Hi Kim, thanks so much for making this video. It did help me a lot in understanding what a management consultant should be. And I have made up my mind to become one. Hope everything will be fine in my application process. Finger crossed! And thanks again.

[@arturogomeztagle9250]

So did you recommend they close the plant?

[@animeshrahmanpartha8205]

Excellent insight and positive thinking. Thank you for this.

[@vishaljadhav5820]

That was very helpful and knowledgeable...Thanks..Keep it up

[@chongyangdu74]

This channel is awesome! Thank you for the good work. Happy holidays :)

[@kimmconsultingprep482]

This comment is awesome! Thank you for the nice one. Happy holidays :)

[@adilsharma8545]

Very nice video…it has cleared my all doubts and queries. Thanks for this valuable video containing the knowledgeable information, i have got the much more information from this video. I am also able to understand the process of resolving the consulting issues.

[@tonyli4170]

Hi! I would just like to thank you for putting out such great content that is at the same time very digestible! I am currently a Sophomore studying Fine Arts and after seeing your video, I have a completely different perspective on management consultant. In the past I have tried to ignore the financial side of everything, but listening to your process, I have realized that management consulting is relatable to many aspects of what I am already doing. Continuous, credible research, trying to think of a better way to understand the issue at hand, and knowing that there can always be a different way to learn and problem solve. (I thought the Thailand business trip was a great idea and finding). I just wanted to thank you for igniting a new found interest in me and possibly a new passion. You have inspired me. Thank you so much. If you do happen to see this message, I was wondering if you could also give me some beginners advice, such as what to read, possible learning, internship opportunities and just anything in general that would be helpful for a keen beginner. Again, thank you very much for this video. Best, Tony

[@avi5278]

TonyLi Vlogs well said. I'm following.

[@rivkanams]

This is great! Well done!

[@MConsultingPrep]

Glad our video helps! Don't forget to visit our website for even more insights about Management Consulting: mconsultingprep.com. Leave us any messages if you need any help!

[@user-fz3en2xj2j]

Thank you for this insightful content! Its made me even more excited to work in management consulting !

[@MConsultingPrep]

It's so great to hear that our video has inspired you a little more to love management consulting!

[@chrisbaumann6850]

This clip answered just so many questions I had - muchas gracias!

[@kimmconsultingprep482]

de nada my dear;)

[@andreitrapizonian]

Thank you so much! I have a few questions: 1. What kind of data mostly have you gathered and analyzed? Was it accounting data? Financial and managerial statements? Does it mean that every consultant even having certain specialization like marketing & sales or supply & chain, have to have a profound accounting and finance knowledge? 2. You told Chinese report was very insightful, but was not it outdated being 6 years old? Probably cement industry was not that volatile. I am not claiming, I am just studying MBA, and very curious about all this, since I actually want to make it into consulting as well. This is an amazing job! Thank you for sharing the explanation.

[@fgsddsgf3058]

Going to a consultant is like going to the doctor for a stomachache, you probably know how bad it is but you still went just to reassure your pre-determined painful decision or the otherwise

[@nishantthomas3641]

This video expanded the horizons of my thought process.Thanks a lot!

[@balarajucheluvappa6587]

Great content ,real world example and excellent narration

[@slindilengcobo3235]

a well told story of what's in a day's work for a consultant. bravo and thank you. i'm wondering how a one woman consulting firm could afford access to the wealth of research and networks required in this space.

[@MConsultingPrep]

Oh you are doing consulting work yourself?

[@bianca-ioanaconstandache-cr6vs]

This was fantastic!😊

[@sebastianvbb]

great video! i can really see now how this could apply to the skills I'm learning in college. THANKS!

[@filipematias2239]

Hello. Can you enlighten us regarding the duration of the project presented here? Thank you.

[@kvs123100]

Just Awesome! Hope you make some more knowledge imparting videos!

[@dodogo777]

Thanks for the sharing Kim! though i'm not in the consulting industry, i still found it useful in the career development.

[@yosefkerendian6695]

Thank you very much for the detailed and well-oriented video. Quick question: I am a Junior at a top 50 university and looking to go into consulting. The issue is, my university is not an ivy league school and doesn't promote consulting at all. What is your recommendation on getting my foot through the door and into a consulting firm?

[@yosefkerendian6695]

+MConsulting Prep Thank you for the time to write a lengthy response back and in such a short time period. I can see how far you've come and great new places you're currently heading towards. Thanks again, Yosef.

[@kimmconsultingprep482]

**feeling grateful**

[@ecko0002]

Before finding this video, the prospect of applying for a consulting job is full of uncertainty and stress -- NOT ANY MORE. Thank you so much. All the stress now turns into excitement -- you get the opportunity to utilise the best resources (research, finances, expert knowledge) to solve problems. At the top firms, you are constantly supported by years of experience and hard work, and colleagues who also trust and respect your work. The key skill changes from (uni level) self-reliance to true cooperation to achieve a more valuable outcome. I am truly inspired, thank you again!

[@ravi.annadurai]

Very nice and useful video . Well structured presentation , presenter is pretty good

[@monstersince]

consultants provide indepth knowledge whilst not accepting the regulations of being employed or being attached to a single govt or corporation

[@rishabhsharma4097]

thanks and great efforts by u making it. I really appreciate this.

[@vijaynatarajan3629]

The information was very crisp and clear. Channels like yours are the good reason of youtube's existense. Made my day, motivated with a boost in self confidence to step up my career to a consultant from a Business Analyst. I would like to ask some doubts in detail in a personalised email. Will that be possible ?.. Thanks for the video btw. :-)

[@growthbull9268]

the-xp-1.ueniweb.com/en-in/b/the-xp-1#services

[@santoshkurasa8275]

Typically how many projects do you do in a month

[@empathytobacco2008]

Hello, greetings from Indonesia. Can you elaborate more on the excel model that you’ve worked on? Just something generic that is widely/commonly used or just a basic one which advance models built upon? Maybe some references to this particular knowledge (designing, operating and drawing conclusions off of an excel model) and if you would be so kind also some dummy case/data to practice with. I’m really curious about this, because i aspire to be a management consultant after i graduate and currently i’m trying to learn all the basic knowledge of the profession that i could. My goal is to work in a multinational consulting firm here in Indonesia that is famous for it’s rigorous and high competition selection process. So i need to prepare myself for the opportunity as best as possible. Hope you’ll read my comment, thank you for your valuable insights that you have shared about the world of management consulting. Warm regards

[@annakhudiiash3710]

thank you so much! this video is incredibly helpful!

[@MConsultingPrep]

Glad it was helpful! Keep watching more ^^.

[@ghrocker99661]

Holy shit. This was so eye opening! Thanks for the awesome video!

[@imsu0714]

Thank you for explaining the consulting so well !! I will refer my friends who are also interested in such topics to your videos. Btw, will you please make a video to explain the different types of consultants (Strategy, financial advisory, operations etc.)? I feel confused to those fancy titles :(

[@haradin1337]

Loved the video, thanks. A few questions: Was this an entry level project? It seems quite complicated. And how much time did it take in total?

[@albertB215]

No doubt you’re a Mckinsey. Superb explanation.

[@MConsultingPrep]

Thanks! I also have an article if you need more insights on it! mconsultingprep.com/what-the-heck-does-a-consultant-do/

[@albertB215]

MConsulting Prep Thank you. I’m already in Operation/IT consulting. I don’t think I’ll pursue Management in any time. But I’ll look into it someday. Good day

[@MConsultingPrep]

@@albertB215 Best of luck to you!

[@DavidSchmith7]

Thank you so much for the very detailed video. It really helps me understand consulting field.

[@aashwinshrivastava4016]

That was an extremely insightful video