How a Consulting Project Works | Consulting for Companies in NYC Right out of College
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- เผยแพร่เมื่อ 15 มิ.ย. 2024
- How a consulting project actually works! Today, I'll go over the structure of a consulting project and how I was able to consult for companies right after graduating from college (undergrad)!
If you're curious how someone could become a consultant with no previous experience in the industry, stay tuned! As always, don't forget to obliterate the like button and subscribe to my channel :) I'll love you forever
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0:00 Intro + agenda
1:24 NYC apartment update
2:01 My first project details!
4:37 Project structure: hierarchy & roles
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Current Sub Count: 14,813
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I hope you guys aren’t tired of my Office references yet 😊 Stay tuned to the end to catch a dangerously wild animal encounter (and I don’t mean Willie)
Keep up the great content .. wondering if you have ever been to Kauai Hawaii
@@Cardude369 thank you so much!! Ahh never Kauai, but it’s high on my list! Have been to Maui, Oahu, and the big island 🌞
Awesome! Nice to get a real comment and not from a 🤖 but yes you are probably the realest channel on TH-cam right now all the others are way too planned and scripted! Again great videos !
@@Cardude369 so nice of you, thank you sm!! 🤠
21 years old consultant👐.Love watching your videos Taylor🐰💜
More insight about the consulting world in a few minutes than I’ve had from knowing people who worked in the industry for a few years .. thank you and keep it up!
Omg so nice of you to say 🥲 so glad you liked it, thank u for watching!!
It's crazy: I only know you through TH-cam but I'm sooo excited for you and proud of you that you're woking and about to move to NYC :)
What a kind thing to say!!! Thank you so so much, I appreciate you! 😊
Ahhh! Congrats on starting the job! I am so happy you are loving it! I am BEYOND excited for NYC content!😍
Thank you so much Lindsay!! I am beyond excited to make it! 💜 can't wait to see you there in september 😊
absolutely love these videos! so so happy I came across your channel, they're so informative and I love how you break down the different elements of the process. incredible job!
Aw thank you so much Anya!! Really appreciate that and thanks for watching 😊
Don’t stop doing these please!!
More to come 🤠
I am LIVING for the office reference LOL it honestly made the content so much easier to understand with a fun twist. I love how you filmed in different locations and made the video so dynamic. Also, 70k view!!?? That's amazing!! It sounds like you are loving your job, yay!!
Aww thank you SO much Faith!! Love throwing in an Office reference wherever I can 😂 And hoped it made the weird hierarchy a little easier to understand hahaha and yesss 70k 😱 It blows my mind!!
Thanks so much girly and so happy you're loving your new full time job too ;) 🎉
Yay welcome back! 😍🙏 missed you!!!
Aw thanks for being here my lovely friend!! 💜
You are so great Taylor! So much positivity ☺️
Aw thank you so much Lilly!! 😊💕
I’m from Brazil and I love your videos so much!! Still deciding whether go into finance or consulting, but you’re showing that this side is also amazing 🤩
Aw thank you sooo much! So glad you like em 😊 haha yup I’ve enjoyed it a lot so far! May do some interviews with my friends in finance on my channel soon 🤗
I enjoyed this video the most out of all your videos! So cool to get an insight into what consulting looks like and what you’re responsible for at your job. Thanks for sharing 🙌
That makes me so happy!! So glad you enjoyed it, thank you for watching and for this comment! 😊
@@TaylorBell of course, thank you for putting the videos out 😊
The edit is amazing 😍 I love it!!
Very excited for you. Hope your new job brings you hapiness and sense of purpose in the corporate world. Best wishes from London
Thank you so much Filip!! Enjoying it a lot so far 😊
yayy so happy to see you posting a video. Really good insights into your job and the consulting world. Loved the video and hope you are good. :)
Aww well thank you so much for watching!! So glad you enjoyed 😊 hope you’re doing well too
Taylor, watching this 1
year after joining consulting firm hits different! Love your video as always from Japan❤
Yess definitely not going to be tired to watch your videos with a job related!! (and all of your video actually) Its very interesting please keep going :)
Omg thank you so much!! 😊 so glad you liked it hehe more to come!
Love the insight view on Colsulting! Really interessting video😊
This just popped up in my feed. Yay another @Taylor Bell video as if I haven’t watched enough of you. 👌👏
I really enjoy your consulting videos!
I am currently studying business in my second year at college. An internship or potential job in consulting is one of my goals. Therefore i would enjoy if you could do a video about the hiring process, interviews and how you prepared. Have a nice day and keep up the good work!
Greetings from Germany
(Maybe I'm your first german viewer? :D)
Glad to see you back ☺️
Happy to be back!! Thanks for coming 🤗
Hey! You are so inspiring and pretty- I-
🤩😊 your videos are the most honest and well-done I have seen on a while!!! I will be watching all of them now
🥲 this is sooo sweet, you made me smile!! Thank you so much 💕 I appreciate you!
Your editing is great and it's worth the effort. Keep it up
Ahh thank you so much, appreciate you noticing the little things😊
Amazing eye opening video... Keep these coming and gently tapped that 👍🏻
Thank you sooo much! Glad you liked it 😊 and thanks for the 👍🏼
Loved the structure chart aaah the good old office.
Why thank you!! Hehe any excuse to throw in an office reference 🤠
This video was incredibly helpful. Thank you!!
It was a great video! I'm glad you improved a lot since my last comment on a video of yours for making it more interesting. You made watching the video fun! 😁
Thank you so much!! So glad you liked it! 🎉
I love your Channel! Taylor - it’s nice meeting you here!
Thank you so much!! Very nice meeting you here as well
I’m planning on going into finance, so your role is similar to what I would be doing at the entry level. (I think) I might do consulting post mba, so these videos are nice to see. Keep them up!
That's awesome!! Glad these are helpful 😊 Thanks sm for watching
HI Taylor! I just found your channel and loveee your content!! I also have an undergrad and masters in business and can't get enough of your content (specifically consulting -- I originally wanted to get into this filed too ;) Keep going girl, you rock!
Aw thank you sooo much, I really appreciate it!! Wow small world, very similar interests hehe 😊 Thanks so much for watching girl!! 💜
Welcome back! Can't say I was surprised by the absence. Knew that you would have your hands full for a while. About the only thing I wasn't sure about was whether or not your absence was due to an earlier than expected move to the Big Apple. Anyway glad to see that you're back and looking forward to the updates👍🏼👍🏼
Thanks so much Lou! Haha yeah took me a little while to get my footing, but now I know when I can take breaks and write/film/edit my videos 😊 Signed for a place with my roommate but not making the move to NY until August 1st! Super excited 🎉 Thanks so much for watching!
Another one! Great video, as always!
Thank you so much!! 😊
I've been waiting on this video!
Woohoo happy to hear it!
@@TaylorBell Consulting Memes vs Reality
Great video Taylor! Keep it up :)
Thank you so much Renan!! Will do😊
Loved this one! Do you think you’d be able to do a day in the life when you start working in the office?
Thank you Sara!!🤗 ahh I’ll try my best! Prob won’t be able to get actual in-office footage, but I’ll figure something out 🤠
Great video, wishing you the best for your career!
Aw thank you so much!! 😊
Awesome new video!!! Congrats on your new apartment!! 👏😁 That was one of my questions, when you get to work in office? I normally just write what I want to say and don't read what other people write. I can't imagine what some negative people say ! Awesome COYOTE moment!! That made me laugh! 😂😂 Looking forward to your next entertaining and knowledgeable content! 😎
Thank youuu Anthony! Appreciate you coming back to watch after a month off! 🎉 Yup so I actually can go into the office now to work (a lot of my friends are doing that), you just have to practice the health precautions and such. But it will be fully back in-office (at least a majority of the time in-office, anyway) after Labor Day most likely! 😊 And HAHA yeah no worries, I try not to pay attention to the negative comments either 😂 It's the nice ones like yours that matter! Glad you enjoyed the coyote moment as much as I did 😂 Lol thanks so much for watching!
Last video I watched was on 1.25 speed and forgot to flick it off. 2 minutes in and I’m like wow she talks so fast and has so much energy 🚀🚀
Amazing , thank you for your insightful information ❤️❤️
Thank you so much for watching!! 😊
Hi Taylor! I've been binging your videos - you're a youtuber at heart!
I hope you can make some videos regarding the interview process and some tips to getting a position in consulting
Hi Michelle!! Aw yay thank you for watching!! Hehe that’s coming out sooner than you think, keep an eye out 😉
It's up! th-cam.com/video/RcE8C21QdUM/w-d-xo.html 😊
@@TaylorBell Thank you angellll you;re the best
Well done Taytay 🥰
Why thank you!!
The picture you used for yourself at the bottom of the ladder killed me. Every time it popped on the screen lol dead. Great video Taylor! It was interesting to hear a bit more about how your job works :)
HAHA so glad it gave you a chuckle. Thanks so much for watching my friend!! 😊💕
Very good video. Thanks for the presentation. If you have any must-read books related to consulting, do not hesitate to share in next videos! Keep being fun, entertaining and at your utmost level with those outstanding videos!
Thank you so much!! yess will share some book recs on my channel soon! Currently finishing the 4 hour work week by Tim Ferris. Not consulting-specific but a good read for sure. And thank youuu! 🎉
Great video! I learned a lot about this! So you have to work your way up the corporate ladder just like any other job. I hope you will get there!
Thank you so much! Yup exactly 😊
@@TaylorBell Yeah. You're very welcome!
Great Work, would love to see more graphs and analysis. Project evaluation mechanisms and whatever is not confidential.
Thank you so much!! And noted, thanks for letting me know 😊
My favourite youtuber is back with yet another excellent video.. Imao when you explained the hierarchy with the office reference and it seemed pretty accurate ...Also I read somewhere that MBBs recruit creme de la creme of top universities like yourself much before regular placement season or other before other companies start hiring, so all these mediocore and not so genius students would become prod mans , gen mans and sometimes cxo s only to depend on MBBs for the rest of their lives to solve the problems. Can't say it's wrong ;)
Hahah aw thank you so much!! Glad you liked the office reference 😂 thought that'd be a fun/easier way to follow along. And yup haha I signed for my job October of my senior year, so 7 months before graduating and what turned into 1.5 years before starting 😂
awesome information vid!
Thank you so much!
Awesome stuff, Taylor! Glad to see you haven’t quit TH-cam 😂 (look, a month off from TH-cam is like a year in the real world).
Anyway. Question! Would your involvement in consulting with a publicly traded company restrict you from investing in that company? I’d love to hear as much detail as you’re willing to share about this topic.
HAH a month off from TH-cam really is a year is the real world! 😂 Thanks so much for coming back to watch. And that's a great question-- I'm sure it would cause some restrictions, yes! Might depend on the project though. Will look into it more 😊
I like the ending bringing back some Suits vibes 🥳
“We didn’t go to Harvard. We went to Wharton. And we saw you coming from a mile away” 🤪
@@TaylorBell “Did you say something? Sorry, I can’t hear you over the sound of how awesome I am” haha
The fact that Dwight is above Jim
Yeah was a tough decision there. Decided to put the assistant TO the regional manager on top
So useful
Keep going!
Thank you so much!!
love your hair
Thank you so much!!
I feel like, having watched your most recent video, I'm commenting from the future. Mind = Blown.
If you could organise a wolf for the wild animal 'throw to' then that would be exciting lol! Seriously, I am surprised there would be any expectation your calling the shots on the job at this early stage Taylor. It aint like in the movies when real dollars are involved. Your obviously well grounded and I'm looking forward to riding along on 'Hot Takes' journey (sorry couldn't resist haha)
On the other hand, this video was great lol !
Hahah that being said... thank you!!
Great vid !
Thanks Daniel!!
Looks like a fabulous, fairly secure career position!
Thanks so much!
Your Office references clear up any misconceptions I had! I feel like I can really relate to Michael Scott sometimes and need to ask, "Why don't you explain this to me like I'm 5." 😂
Also, I LOVE your editing and the wild animal encounter was so cool!
I couldn't agree more Chelsea!! I literally use that line at work sometimes 😂I thought about you when inserting all the Office characters 💜 And aw thank youuuu, you're the best
Congrats on your job
Thank you so much!
*knows nothing about consulting and has no business watching this video but loves Taylor so watches anyway*
My heart 🥲 I’d watch a video of paint drying if there was some Jamie voiceover
simp
I have smashed that like button!! Yeah its been a while Taylor!! Lmao Great video.
Woohooo thanks Daniel!! You rock. Sure has been awhile 😅 thanks for coming back!
love your video
Thank you so much!
Michael Scott taught me to not be stupid. So when I am about to do something, I ask"Would a stupid person do this thing?" And if the answer is yes, I do not do that thing!☺️😉🤣
Michael's wisdom is immeasurable
Your are amazing 🙂
Wew I’m starting my consulting internship in January in Tax. We finna work the busy season.
No doubt! Good luck
Congrats on your job, you got this! Also, I know this is REALLY random but I have some questions about Huntsman at UPenn. Is there a list of the schools that students study at when they study abroad for the semester? I was wondering because there is a really good school in another country that I would love to study abroad at and was wondering if there is any partnership with Upenn.... Thank you, and I love your videos!
Thanks so much Mandy!! Ahh I'm actually not sure-- there might be somewhere on our website that shows the schools, but I couldn't say for sure! I didn't know what universities in Barcelona I'd be going to until I was there 😂 But my best bet would be to check the Huntsman website, and if it's not there-- reach out to them with the contact info on the page to ask 😊
Excellent 👌
Thank you!!
You are just awesome 👍
Aw thank you!
Great video! Good luck, Taylor! Btw. I remember that Warren Buffett, during his lecture in Florida in 90s, said they never hired any consulting firm. When they was buying See's Candies, their idea of consulting (with Charlie Munger) was to buy a box of candies and eat it. That was it. lol ... I don't mean to offend anyone in consulting by this example. It just came to my mind. It's nice joke. The same joke was that company's song was "What a Friend We Have in Jesus", because they sell a lot during Christmas and made tons of money. lol
Hahah love that. The see’s candy case is always a great one to look at
@@TaylorBell I never tried See's Candy before, because we don't have it here, but I think there is good chance you tried it. lol Buffett was explaining concept "share of mind" and he wanted in people's minds , when they see See's Candy then something pleasant is happening ... like "See's Candy" and getting kissed on Valentine's Day. lol If something pleasant happens, that's a good business according to him. lol
Live this video! It was fantastic! May I ask what what do you have to study to do consulting cause I would love to be one too!
Thank you soo much! 🎉 Honestly you can study anything. Most of my consulting friends majored in a wide variety of things (not just business like many people think!), from political science to engineering to computer science, etc 😊
@@TaylorBell ahh fantastic! Really do appreciate your reply! Hope you have a fantastic week!!!
Are you all agile trained? You’ve mentioned sprints a few times do you guys use backlogs and standups?
Okay I understand that the work that you do gets pushed up the ladder and back down and then this goes on for a while before it ends up in the lap of the client but what exactly is it that you do? Yes, the scope of the work can differ and it would depend on the partners but like there must be something specific that you work on, right? Could you share 2-3 things you've done and how your work would differ from what the partners are doing?
For sure! Will def talk about my day-to-day tasks in another video soon. Didn't want to pack too much into this one so decided to focus on the structure and some high level details of my first project
Yay! I missed being caught by my GF watching you do your makeup...Joke aside, nice to see you.
HAHA happy to provide the content for that to happen. Thanks so much for watching again :)
Cool!
Hey thanks!
youre pretty u make anyone want 2learn about consulting
Did you have to interview a lot before getting a job at all, like how difficult is it to get a job in management consulting? And did you interview for consulting only or where there other fields you applied for? Very curious here 🤔😁
Is your long term goal to actually climb the corporate ladder to the top? Or are you just using this as a way to get you where you want to be in life? Like early "retirement" in the non traditional sense.
The latter :) goal is to start my own business after getting a few years of experience and potentially an MBA under my belt!
Thx for great videos :)
Could you clarify if you are an MBB / tier2 / Big4 consultant?
No need to explain yourself Taylor. I trust you will conquer this job as you have most adventures! Soon enough those CEO's will be hanging on your every word!
Ahaha Aw thanks Sean!!! Nice to see u here 😊
Hit the algorithm for the like button.
The best way to do it
Would you mind telling how many internships did you do before getting into consulting and did you have any gap year? That'll be helpful!
I had two finance internships (sophomore summer and junior summer) and no gap year!
@@TaylorBell Thanks for sharing and great content, looking forward for your next video!
do you think you are productive for 14 hours a day? im not talking about taking breaks, but don't you think that someone who is working 14 hours a day is probably being inefficient during that time? or alternatively it shows that the company is exploiting employees and unwilling to hire the proper amount of staff needed to get the work done so that people aren't working 14 hour days? i don't mean this in an aggressive way, just this is what i think of when i hear someone mention an office job requiring 14 hour days.
Definitely not! I should've been more clear in the video about this, but I by no means am working during all 14 of those hours. A lot of the time is spent iterating on things-- meaning I'll send in my work and then have quite a bit of free time as I wait to get comments back on how I should change it (if at all). Plus, almost everything naturally take longer over zoom than it would in person. It's so much easier to learn new things in-person as you can just look over someone's shoulder to learn, while ofc you can't do that during wfh. So I write/film/edit my videos when I have time in between tasks and calls 😊 But will def keep everyone updated on what the hours are like when I'm back in-person!
Mam how much amount will be charged by consulting firms mam thankyou mam
Don’t worry you’ll be the boss someday and then you can make all the decisions
Ahaha thanks Marty!! Looking forward to being the boss of something one day 😎
That's/You are awesome! I'd not even trust my 23yo sister to consult me about boiling an egg let alone anything more serious than that 🤣🤣🤣
Thank you so much!! ahaha I can mess up eggs from time to time too 😂🍳
I'm majoring in Business Administration and will specialize in Banking and Finance, Management Consulting seems like a career for me. I hope I will find job at a consulting firm after graduating.
That's awesome!! Best of luck 🎉
@@TaylorBell Thank you so much!
Cool to learn more about consulting! Was that a coyote at the end?
Yayy glad you liked it! And hehe yup 🐺 Lots of em around where I live
@@TaylorBell woah, that’s crazy!
Thank you, but you didn’t tell us for which company you are working as a consultant
Regards from Mumbai! 😊
Regards from California! :)
regards from Slovenia EU
Ah I love Slovenia! I visited a few years back 😊 Regards from California!
@@TaylorBell regards from NZ :P
In college did they teach the principle of "Experience" and "Paying your dues"?
Nope. It’s just kind of understood that that’s a thing in finance and consulting especially haha
This is so interesting...and I'm not even interested in consulting
Now that's a compliment! Ahah thank you so much
Legit question: is this 1099 income? Who is paying your FICA? Do you have benefits: retirement, health insurance, etc. Important things to consider when you take jobs like this. With 14 hours days, compensation is key. Good luck!
Hi Georgia! Yes to all of the above, it's one of the biggest global consulting firms :)
@@TaylorBell With all due respect, if the company is paying for benefits + FICA you are not a consultant but a short-term employee, nothing wrong with that of course, but if you are modeling behavior and options for your viewers, clarity on these matters is important. Your firm may be great, but there are lots of companies trying to exploit workers, hiding behind job titles to pay less and get a lot more work, Wishing you the best Taylor.
Oh excuse me- I didn’t read your question in detail. I’m a W2. None of my income is 1099
Likes
what's better option, Join consulting after bachelors or after mba ??
Whatever makes the most sense for your career path! You start as a manager if you join after your mba
@@TaylorBell and if we join after bachelors, how much time it will take to become manager?
How do you consult, right out of college, without experience? isn't consulting offering experience from other clients/projects, understand trends and so on (not specifically out of college?)
Sincere question. Good day!
It's a good question! I made a dedicated video to answer that exact question :) th-cam.com/video/4avS00vBDI8/w-d-xo.html
Most important, yet missing fact: Do you get adequately paid for your "job" or is rather an internship, is it more about getting experience and building a resume?
Her salary is over $100k
@@brandonorr6926 I strongly doubt that!
$110-120k actually-- feel free to watch my latest video where I go into details about the job, including salary, hours, etc. th-cam.com/video/yxatKGh_z5s/w-d-xo.html
@@TaylorBell Would you ever consider making a consulting vs big law type of video? I think a lot of people in business school try to decide consulting vs law school
I can assure you there's a lot more to it than moving logos around on a slide haha I'll come out with a video explaining what exactly consultants do in plain English very soon
what undergraduate degree did you do?
I was in a dual degree program! 1 degree in economics from the business school where I concentrated in business operations and business management, and then a degree in international studies
At what point do you call yourself a consultant? Is that your official job title?
How can you function working 15 hours a day? How often do you use Siri to get an answer?
Haha I use Siri to set timers while I’m cooking, that’s about it
on average how much does a consultant earn? sorry if it's a compromising question.
I go over my salary in my latest video! :)
th-cam.com/video/yxatKGh_z5s/w-d-xo.html