Management consultants answer 20 Q&A questions
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- เผยแพร่เมื่อ 12 พ.ค. 2024
- In this video, Neel and Rohit answer a lot of various consulting questions! Check out the list below to see what piques your curiosity. And let us know what we should discuss next!
Link to the BEST casing resources (completely for free btw): drive.google.com/drive/folder...
Our LinkedIn's (We will only accept requests that attach a note. In it, we'd love to hear what you like on the channel or want you'd like to see next!)
↳Neel: / neel-reddy-1602b6108
↳Rohit: / rohitshenoy2
To email us (please comment all consulting-related questions in the comment section so others can see our answers):
↳NeelandRohit@gmail.com
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QUESTION LIST:
0:00 - Introduction
0:57 - Why did you choose one company specifically over another consulting firm? What sorts of projects does your company specialize in?
3:44 - How did you personally answer the question, ‘Why X company?’ in an interview context?
5:07 - How important is undergrad consulting experience? Will consulting companies want you if you have no previous background in consulting?
6:46 - Have you met any Associate Consults that weren’t Associate Consult Interns the summer before, and what was their background?
8:00 - Do you have any advice on practicing candidate-led cases? How do you identify and address casing mistakes when you don’t have much experience?
11:23 - Are the private equity exits into mega-funds (like Blackstone) or mid-market firms?
12:20 - Have your co-workers become your primary friend group, and how are your relationships with the people above you (e.g. senior consultants)?
14:45 - Is it valuable for current engineering / STEM students to get some consulting experience and skills before going into tech roles?
16:05 - What were your expectations before you started consulting, and did the reality meet them?
17:23 - Have you seen companies taking on board the recommendations you make and changing as a result of them?
19:10 - What résumé items / factors are most vital for your application?
22:33 - What is some of the strangest consulting jargon you’ve heard so far?
24:30 - Did you find yourself stressed during the recruiting process, thinking that a lot of it was down to luck in spite of your hard work?
28:05 - How much data analytics, modelling, or coding is usually involved in your work on a case?
30:56 - Is it true that companies ‘really like to throw curveballs in the interview’? If so, how did you handle it?
32:31 - Rohit explaining his food delivery company
34:02 - What does the traveling aspect of consulting look like now, during a pandemic? What do you think it will look like afterwards?
35:15 - If you’re a rising junior and you don’t have internship experience, are side-projects and extra-curricular relevant and valuable?
36:55 - How can you leverage previous experience and studies outside of consulting and in ‘nontraditional’ consulting degrees?
38:25 - What are some cons of consulting? Who would you NOT recommend consulting to?
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General disclaimer: All views provided by Neel and Rohit are their own. Their views do not and should not be taken as those of Bain & Company.
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Apologies for the random names that popped up in the middle (or your welcome if it was your name!)
But let us know below: what were some questions you'd like us to expand on in future video?? We'd love to hear
Thanks so much for another great video!
1) What do you both do to de-stress after a long day of work?
2) Could you please add the slack channel invite in the description? Would love to join!
Appreciate it Simran! Neel here answering the questions:
1). For me, I workout everyday (do CrossFit). So that helps me soooo much with feeling better, getting in a great workout, and also socializing (because it's a group class).
2). This actually wasn't our slack channel, but we are thinking of building a community (just unfortunately been busy with other things). So if we create one, I'll make sure we get you invited!
@@neelandrohit6490 appreciate you letting us know about exercising and meeting people as your methods of preventing burnout! Raza =)
Another excellent video Neel and Rohit!!!! Thank you! Raza =)
Thanks Raza! Truly appreciate all your support
@@neelandrohit6490 =)
Hey Neel and Rohit. Thank you both so much for providing this amazing content. I'm very interested in the intersection between data science and consulting , so was wondering how easy is it to move around between more technical data science consulting roles and general consulting roles at Bain.
Would love to hear your thoughts! :)
Hey, I don't know easy it is or if it is even possible because I've never seen anyone do it before. I do know that the recruiting process for each role is pretty different and so I suspect that if it does happen, you'd still have to interview for an internal transfer.
Hi! Thank you so much for you videos. I always find them super helpful. I'll be joining the consulting services of a big 4 firm in 2021. Could you please share things I should work on (excel, powerpoint, what kind of modelling?) before joining as a business analyst? It'll be really helpful! Thanks! :)
Congrats on the role at a Big 4 firm Ananya! That's amazing :)
In my opinion (Neel), there's nothing you should work on. You should focus on having as much fun and traveling and experiencing life as you can before starting full time. Whatever company you are joining will train you on the job and you'll have ample time to learn from there. Plus, you can learn excel / PPT rather quickly. At least, this was the approach I took and I'm incredibly glad I did (I also made sure to pick the very last starting month I could)
I had a Networking question - How many times should one follow-up. And what should be the gap between the follow-up messages/emails?
Good question! And there's no solid rule. I'd say one follow-up after your initial message is probably the most (maaaybe two if the person really does seem to want to talk to you but is just busy). And as for gap, maybe a day or two? But I'd say to do whatever feels right for you
Hey thank you for doing this, it's super helpful. When it comes to the GPA do you know of any GPA cutoffs Bain uses for first-round interviews? Also if a higher major GPA can maybe make up for a slightly lower cumulative? Thank you
Hey Sid. To be honest, from what I've seen, Bain doesn't seem to have any GPA cut-offs (and I'm sure this applies to other firms). And for sure, a higher major GPA can make up for a lower cumulative GPA.
However, the real ways to overcome "lower" GPA's would be to have a well formatted resume with good experiences / content and to be really good at casing.
Otherwise, best of luck!
Why someone who wants to enter consulting needs to work more hard on resume rather than skills?
Good question Nidhi. Apologies if one of us made it seem that one needs to put more time into the resume than into skills, but that's not the point we wanted to make.
When trying to get into consulting, your resume and your casing skills are both crucial (you cannot get in without both). However, to get an interview, your resume probably matters more (although being good at casing helps a lot). But of course, once you get an interview, the only way to get an offer is to be good at casing. Does that make sense?