Dark Reality of Management Consulting ☠️ | Why I Quit My High-Paying Job at Bain 🤑

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  • Опубликовано: 17 дек 2024

Комментарии • 1,2 тыс.

  • @mbawithprachi
    @mbawithprachi  6 месяцев назад +78

    Thank you so much for all the support!! ❤❤
    Many of us underestimate the challenges until we experience them ourselves. Based on my 4 years of experience in the corporate world after IIT Guwahati and IIM Calcutta, I have shared a video on Hidden Truths of Life after IIMs/IITs. You can check that out to get the real picture of jobs after graduating from colleges and understand the corporate world a little better - ruclips.net/video/VyL_pTLUzuo/видео.html

    • @santhoshmuthyala6767
      @santhoshmuthyala6767 6 месяцев назад

      People who spades are very rare. I'd appreciate to connect with you on LinkedIn. Of course I subscribed to you channel.

    • @akshaysaxena1815
      @akshaysaxena1815 6 месяцев назад

      Hlo miss prachi. I want to ask something regarding IT field like data analyst profile... Bcs currently I am in teaching field last 5 yrs. But i want to switch non IT to IT . Kya ye shi rhega... Aap iitg se graduate ho.
      I know ye ques mba se realated nhi h... But agr aaap kuchh btana chahe to. ..hmne data analysis k topic to read kiya h pr kya sach me python sql power BI seekh le to job mil skti kya... Ek aur question h... 28 yrs me private sector me entry lena thik rhega kya. . Agr hmne certificate le bhi liya pr kya cv shortlist hoga hmara interview call aegi.... So many doubts like this...Pls btaiyega. 🙏

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +2

      Hey, data analyst profile bahut hi wide hoti hai and given you have the right skills - there is always a chance to switch to this field. Haan, starting aapko 0 se hi karna hoga - aapke past experience ka value nahi rahega iss field me but if you are okay with that then Python, SQL, Power BI - isse data analyst field me switch kar sakte ho. Try to do some courses and projects jisse aapki CV thodi improve ho jaaye

    • @akshaysaxena1815
      @akshaysaxena1815 6 месяцев назад

      ​@@mbawithprachithanks for guidance

    • @rsfoundation2023
      @rsfoundation2023 6 месяцев назад +2

      @mbawithprachi
      Hello your video is good enough and i hope everyone got clarity on what happens in high profile jobs.
      But to be honest I’ve been working in govt sector since last 4 years and i can bet no job is perfect in this world. I can’t stay with my family. Getting frequent transfers and moreover you get to work in remote areas. So even if you get work life balance you can’t spend it with your family.
      Before that I was into pwc - yes again no work life balance but yeah atleast at the end of the day you got to see your family when sleep.
      I don’t know what to do

  • @yogeshdesai6735
    @yogeshdesai6735 5 месяцев назад +421

    100 % True. I left a consulting job in the US and came back to India. All the time, I was moving from one hotel to another. First, I enjoyed it but after some time I was sick of it. Now in India I have small-scale business and well settled in one place with family.

    • @ADARSHSINGH-iq3lu
      @ADARSHSINGH-iq3lu 5 месяцев назад +3

      Bro what u did explain to pls explain to me

    • @eelongMast
      @eelongMast 5 месяцев назад +8

      eventually phamily matters!

    • @nickyetti93
      @nickyetti93 5 месяцев назад +1

      works for u ig...but for some of us, yeh going from place to place is the dream

    • @savitasachdeva8551
      @savitasachdeva8551 4 месяца назад +16

      @@nickyetti93that’s only until you don’t experience it. As Yogesh said, it feels great in the first 1-2 years and after that you stop enjoying it. You will not understand it until you experience that yourself.

    • @harshithvenkat5089
      @harshithvenkat5089 4 месяца назад

      Kaunsa business?

  • @santhoshmuthyala6767
    @santhoshmuthyala6767 6 месяцев назад +286

    No job or company is above you. You have guts and I hope you have made an informed decision. All the best for your future endeavors!

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +13

      So true! And thank you so much for your kind wishes! 😍 I hope you are doing well too :))

  • @Nitish-q1m
    @Nitish-q1m 6 месяцев назад +128

    00:01 Resignation from Bain & Company after nine months
    01:46 High expectations vs. reality of MBB placements
    03:12 Management consulting offers a tough initial learning curve
    04:50 High-pressure work environment and lack of personal time led to reconsidering the worth of the job.
    06:26 Management consulting lifestyle includes constant travel and leads to exhaustion.
    07:59 Work-life balance in consulting is a myth
    09:35 Consulting firms demand intense work and may impact personal life.
    11:12 High stress from work and impact on health led to decision to quit.

  • @Evilprince23
    @Evilprince23 6 месяцев назад +170

    Same i met people from McKenzie, Bain at Gurugram. They were under so much pressure that they cant even go out for cricket with us even on weekends. This is a myth that life at big-4 is a boon.
    Edited: There is news regarding Anna working at EY Pune and due to pressure she lost her life. Young soul rest in peace.

  • @academics4155
    @academics4155 2 месяца назад +29

    People need to learn how to let go off things at the right time. That is life and if you put your identity to your job , you won't be able to live freely. Kudos to you for coming forward and sharing your experience. Thank you!

    • @mbawithprachi
      @mbawithprachi  2 месяца назад

      Well said! Thank you for your support ♥️

  • @RahiKothari
    @RahiKothari 6 месяцев назад +122

    Didn't know it is so stressful!! Thanks for creating this video, it's really eye-opening 😰

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +9

      It really is!! So set your priorities straight before deciding anything 🤞

    • @Nimujee
      @Nimujee 6 месяцев назад +2

      Toh didi aap iim se graduate hone k ab finally jobless ho...fir earning ka source kya hai apma

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +29

      Heyy, aise mat bolo yaar. Jobless nahi hun abhi me, loan bhi toh chukaana hai 😛 I'm working at American Express right now. I just switched roles to have a better work life balance.

    • @nityatiwari4400
      @nityatiwari4400 6 месяцев назад

      ​@@mbawithprachi How did you do it? Please reply.

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +7

      Job switch? Used LinkedIn, existing network and applied to a lot of companies - no shortcut in that!

  • @GS-er8ms
    @GS-er8ms 6 месяцев назад +198

    Bang on Prachi it’s the same in all companies - I have worked in Amazon for 7 years, Accenture for 2 years, and an Investment bank for 2 years , and I totally relate with each and every word you said , Indian corporate structure is a messy toxic set up , no matter which company you are working for , one should really keep their spine , ego , choices , values, family time , peace of mind , back at home before joining corporate, if you think youl grow without politics and a** licking , then you are fooling yourself! Companies are just there to make money and nothing else , hence one should assess wisely if they want to be a part of corporate! Also one should Never get fooled by the lives of people working in these industries, the one that is portrayed on social media , as reality is too ugly!

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +19

      True, in my opinion, you will always face challenges in some shape or form. You can just try to decide which challenges you want to face and which ones will impact you adversely. That's it!

    • @ankitjain1612
      @ankitjain1612 5 месяцев назад +4

      You are absolutely Bang on with this , im one currently going through most difficult phase of my career due to ugly politics and blame game, time to move on for mental health n family and for our own

    • @GS-er8ms
      @GS-er8ms 5 месяцев назад +3

      @@ankitjain1612 Hope you find better opportunities that you really love !

    • @cat12-b7i
      @cat12-b7i 5 месяцев назад +3

      And the worst thing is you can't even take a break, you'll be left behind in the rat race, the competition is so high that it'll be difficult to enter back

    • @ADARSHSINGH-iq3lu
      @ADARSHSINGH-iq3lu 5 месяцев назад

      ​@@ankitjain1612 hi buddy pls tell me what u do and what are the ways to get in these companies,

  • @vinnijaat
    @vinnijaat 6 месяцев назад +137

    I was in Investment Banking, got out in just 2.5 months, came back to operations roles, There is really a thing called work-life Balance.

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +12

      Probably for the best! 😀

    • @rohan8933
      @rohan8933 4 месяца назад +7

      I assume I'm not qualified to speak on this yet cause I'm a student... But, I come from a perspective where I think WORK IS LIFE. The crazy hours is what you pay towards the company for what they pay you (huge bonuses and promotions). For some it might not justify sacrificing all of your personal time of the day to earn more.. Maybe I'm a bit too insensitive regarding this concept..

    • @arehantmishrra
      @arehantmishrra 3 месяца назад

      @@rohan8933 u are kid

    • @nainarop8542
      @nainarop8542 3 месяца назад

      @@rohan8933 Until you start experiencing it, you won't know these people's real pain. Since you are a student, you don't know the dark realities of corporations yet or you ignore those facts purposely

    • @rahulanand5864
      @rahulanand5864 2 месяца назад

      ​@@rohan8933thats why you are a student and they were ex employee
      You will realise one day Work is a part of life
      Not life
      And it never become your life
      Jo college ki mehnat hoti h uska pressure hota h wo job karne wale k life ka 1% hai bas.
      So its very easy to say work is life in college days.
      But aisa hai nahi.

  • @susmitjaiswal136
    @susmitjaiswal136 5 месяцев назад +31

    Totally unfiltered and transparent video ..❤❤ people should know the reality apart from just package and elite life

  • @prashantnigam8370
    @prashantnigam8370 5 месяцев назад +39

    My friend is working at CRED as an L4 Software engineer his package is 1.75 cr in inr 1.2 cr stocks and other his base and only yesterday he was saying about quiting that he doesn't find his job fulfilling. These jobs are very hectic and you always have to prove your worth.

    • @mbawithprachi
      @mbawithprachi  5 месяцев назад +5

      So true!!

    • @rishav144
      @rishav144 4 месяца назад

      What's the year of experience of you CRED friend?

    • @rahulkumarpatra4206
      @rahulkumarpatra4206 3 месяца назад

      1.2 cr stocks vested in 4 years or just for a single year.

    • @BishantaElangbam
      @BishantaElangbam 3 месяца назад

      The salary is worth yr time though

    • @sayanchatterjee7748
      @sayanchatterjee7748 3 месяца назад +4

      Effectively salary 70-80 L hoga. Don't inflate by covering 4-5 years of Stocks.

  • @SarthakGupta03
    @SarthakGupta03 6 месяцев назад +24

    Thankyou for bringing this up !!! 💫💯

  • @santoshpandey9368
    @santoshpandey9368 6 месяцев назад +51

    Prachi, you are a true disciple of a premium business school, bursting myths with great articulation is highly appreciated.

  • @RUPAM58
    @RUPAM58 6 месяцев назад +26

    Its real value given to us, viewers the real life experience, insights.
    Thank you so much for it.

  • @alqama_rahman
    @alqama_rahman 6 месяцев назад +28

    Thankyou di for sharing this, it needs guts to burst these myths hatsoff!!

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +1

      Thank you! ❤️ I honestly just want people to make an informed decision!

  • @abhishek1995ize
    @abhishek1995ize 6 месяцев назад +58

    In today's world every corporate job is too stressful, too much competition no more trusted friends in offices.

    • @cat12-b7i
      @cat12-b7i 5 месяцев назад +5

      The problem is not stress, people are going behind the jobs that are not suited for them only due to fear of missing out and peer pressure, take jobs according to your mental strength, don't overestimate and burn out

  • @RaghavendraPavan-yy2db
    @RaghavendraPavan-yy2db 6 месяцев назад +30

    Thank you so much for creating this video Prachi. I firmly believe that work-life balance is the most important thing for anyone. I am a cloud engineer in Amazon and the work-life balance is amazing there. Hope you find the right job at the right time.

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +2

      Thank you for your kind words! ❤️ I've always heard good things about Amazon, and it shows. :)) I have been working at American Express for the past 1.5 years and am content with it. :D

    • @dittocto
      @dittocto 3 месяца назад

      You always have to stick to your screen?

  • @AshishSingh-tr3cw
    @AshishSingh-tr3cw 5 месяцев назад +15

    I have been into 7 years now in these kinds of roles. Whatever she had said is correct! Best would be to start with consulting at beginning of career then switch to different role

  • @nadeemmomin114
    @nadeemmomin114 6 месяцев назад +34

    It takes balls and immense clarity to give such a transparent overview.. hats off!

  • @heroicmist0077
    @heroicmist0077 6 месяцев назад +336

    I have no one in my life , this is perfect job for me .

    • @communist_party_of_china_pbuh
      @communist_party_of_china_pbuh 6 месяцев назад +40

      😂😂😂

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +59

      Ouch! :(

    • @kaustavi5129
      @kaustavi5129 6 месяцев назад +67

      If u seriously have no attachments or family burdens then why dont u consider migrating to a developed country and start from scratch .....that will be a beautiful idea if u willing to take risk and do hard work for min one year

    • @ZoldicsDiaries
      @ZoldicsDiaries 6 месяцев назад +8

      Big thing to loose for short term monetary gain and making a company rich😂

    • @adityapatel8701
      @adityapatel8701 6 месяцев назад +2

      But you would like to have someone in your life, right.

  • @kaustavkumarnag5838
    @kaustavkumarnag5838 6 месяцев назад +57

    I'm really fortunate to have escaped danger before paying Lakhs for an MBA. I was so fascinated with the MBA RUclips videos that I decided consulting was the right path for me. After receiving my Btech degree I was put in one of the premier consulting company in TC role. However, after joining, I saw that it's a very messy field. Creating PPTs in a premier consulting firm is not my cup of tea. I would much rather be coming up with real tech solutions in a tech company.

    • @shreyaytripathi
      @shreyaytripathi 6 месяцев назад +2

      hey I'm also confused currently about Pursuing MBA in marketing, do you think it's a better choice?

    • @abhiparmar2251
      @abhiparmar2251 6 месяцев назад +1

      Work life balance is there in marketing

    • @MarkSeb-z5x
      @MarkSeb-z5x 3 месяца назад

      ​@@shreyaytripathiMarketing is tough. You actually had to market the products. Try to search what is marketing, then only proceed. If you don't know then don't proceed. The specialisation you are choosing, know the job roles you have to do with them.

    • @trusfratedbunny2215
      @trusfratedbunny2215 3 месяца назад +1

      @@MarkSeb-z5x What about product management & HR and what MBA specialization one should do to be product manager

  • @lokhandetejasliladhar4216
    @lokhandetejasliladhar4216 6 месяцев назад +32

    Great video! I can definitely relate with you. I am in IITB and lot of my friends are doing internships in MBB. Honestly they are always on toes for some work .

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +7

      Ikr! But honestly a lot of folks can manage it, and that's amazing! But I feel there's nothing to be ashamed of if you can't. Not everyone is built the same.

    • @lokhandetejasliladhar4216
      @lokhandetejasliladhar4216 6 месяцев назад +3

      @@mbawithprachi Agreed ! Its suitable for some and not all.

  • @K21-r4i
    @K21-r4i 5 месяцев назад +43

    Same is happening with me .I'm working as a consultant in Big 4 since last 8 months and most of my clients are from US.Login time toh 10 bje ka log off raat mai 12- 2Am tak ek toh inke calls khatam nhi hote .Busy season mai subah tak kaam hota hai including weekends.Sab hwabazi hai ..I'm getting into depression day by day.isse better toh kisi Government college mai professor even school teacher hota.Atleast life toh enjoy krr pata.

    • @mbawithprachi
      @mbawithprachi  5 месяцев назад +4

      I totally get it! I hope you think through and find a way out, if you want :))

    • @vishaldora8803
      @vishaldora8803 4 месяца назад +1

      Are you working in US Tax ??

    • @mugdhanbapat
      @mugdhanbapat 4 месяца назад +5

      All the best! You need to take a break of at least a week. Get a doctor’s certificate and take this mental leave for yourself. Sleep well for a couple of days. Eat home cooked food. And then make a plan of what you really want to do. As you’ve done so well till now, it’s clear you’re intelligent enough to navigate through this. All the best to break the trap!

    • @K21-r4i
      @K21-r4i 4 месяца назад +1

      ​@@vishaldora8803Yes bro how do you know ?

    • @K21-r4i
      @K21-r4i 4 месяца назад

      ​@@mugdhanbapatThanks .

  • @MarkSeb-z5x
    @MarkSeb-z5x 3 месяца назад +5

    This is the true reality. Very good and valid picture you have shown. If you dont enjoy what youre doing then its no point of doing that job. This is true reality of glamourous corporte job. I have deeply suffered from it. It hit me so hard that still now it i am recuperating from it.

    • @mbawithprachi
      @mbawithprachi  3 месяца назад

      I hope you are doing better now :)) It takes a lot of courage to give up something like this.

  • @namangarg3041
    @namangarg3041 6 месяцев назад +18

    I too have been admitted at IIM A. But I am not joining it as I like my tech job. Pays me well without much stress, so don't think it makes much sense. As I am also an IITian, I think I would get opportunities time and again.

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +3

      Absolutely! Unless you want to change your field, doesn't make sense to do an MBA for the sake of it!

    • @trusfratedbunny2215
      @trusfratedbunny2215 3 месяца назад

      @@mbawithprachi What is product management di & what r the skill requirements and work-life balance in it?

  • @FirstLearningthanEarning
    @FirstLearningthanEarning 6 месяцев назад +14

    Great prachi such a unfiltered video !! Had experienced same things in IT.

  • @yashbhutoria349
    @yashbhutoria349 4 месяца назад +6

    In Australia the government has put restrictions of maximum 38 hours/week work for an employee i.e. 8 hours/day, so can MBB Companies can still make you work for 13-14 hours a day in consulting job????

    • @mbawithprachi
      @mbawithprachi  4 месяца назад +1

      But even there, an employer can request you to work beyond your shift given it is a "reasonable" request. And reasonability is a grey area and everybody wants to be in their manager's good books.

    • @yashbhutoria349
      @yashbhutoria349 4 месяца назад +1

      @@mbawithprachi Shouldn't this rule be there in our India so that there is a work life balance in the life of Indians.

    • @mbawithprachi
      @mbawithprachi  4 месяца назад +3

      Mostly in our offer letters, it's mentioned that the work hours would around 45hrs but it's far from reality. So I don't think a simple rule can fix the problem. As long as people are willing to work, companies would make them work!

  • @pradyunchakravarty4663
    @pradyunchakravarty4663 2 месяца назад +1

    Wow! So much truth & straight from the heart. Thanks so much for uncovering the myths.

  • @PrinceKumar-hh6yn
    @PrinceKumar-hh6yn 3 месяца назад +8

    RUclips is best when someone suggests less and shares their experiences more. ❤🎉

  • @priteshmahajan3715
    @priteshmahajan3715 2 месяца назад +1

    Great Prachi, truly summarised all the facts. Happy to hear now people are raising their voice.

  • @preetimurmu851
    @preetimurmu851 4 месяца назад +6

    Thanks for your video prachi. All the words said are 100% true. I left my company in 10 months. The work life balance affected me a lot. Their expectation is to work 24*7 and still they want more. I did work from home but i can't have lunch with my family. I am really happy now to leave that company.

    • @mbawithprachi
      @mbawithprachi  4 месяца назад +3

      Only those who go through it can understand ♥️

  • @yatinbajaj545
    @yatinbajaj545 5 месяцев назад +7

    I'm in a phase where I'm planning to choose one between Product or Consulting. This video is so informative for me to get authentic answer. Thank you and appreciated 😊

  • @adityapatel8701
    @adityapatel8701 6 месяцев назад +18

    I heard almost 10 times that you have to deliver. But I fail to understand what do consultants actually do. Where do they add value?

    • @shreyatiwari8550
      @shreyatiwari8550 6 месяцев назад

      Same question

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +17

      They are like firefighters - you give them a problem and they solve that problem for you. When a company doesn't want to hire an entire department for say X problem - they get consultants!

    • @shreyatiwari8550
      @shreyatiwari8550 6 месяцев назад

      @@mbawithprachi okay thank you so much

    • @71gaurav
      @71gaurav 6 месяцев назад +5

      Bhai jaise ki company ki sale nhi bdh rhi .. uska solution.. log job chor k ja rhe hai iska solution.. profit nhi ho rha... Same price pe sellnkrke b uska solution

  • @IamRahul_007
    @IamRahul_007 6 месяцев назад +15

    Zabardastttttt Mazzaaaaa Aa Gayaaaaa! REAL TRUTH! 🔥✨🔥
    Consulting and Investment Banking are NOT AT ALL WORTH IT!

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад

      Hehe, thank you so much!! ♥️

    • @NotNIKyt
      @NotNIKyt 4 месяца назад +1

      You Are not worth it to do it just you want More income and less work in this competitive world really ?

    • @ceeveemydeen5174
      @ceeveemydeen5174 2 месяца назад

      @@NotNIKyt perception about value
      1. Salary - work
      2. Work - salary

  • @CS-si8kl
    @CS-si8kl 3 месяца назад +4

    Thanks for saying this. This was required for me to quit the job. I was doubting myself. Another thought that comes to my mind is, that if everything other organization (non- management consulting firms) will also be expecting the same amount of work from me. Then that would be my incapability.

    • @mbawithprachi
      @mbawithprachi  3 месяца назад +1

      You can always define your boundaries but sometimes, it's your job to be on the toes 24*7. Glad I could help take you a decision - evalute your priorities and take action accordingly :)

  • @yohanlobo4767
    @yohanlobo4767 3 месяца назад +4

    Kudos to you for speaking truth.
    Many who work in MBB don't actually tell you this, either because they feel that now they are working in MBB so complaining about it will sound stupid since initially they were dying to join one. Or they just want to tell people what amazing life they are living and make people jealous about that.
    I personally think you should join a job (if you want to do a job only) where there would be balance of both money and work life balance. Only then you will be truly happy in life. Just money but no time to enjoy it will only make you dipressed and nothing else.

    • @mbawithprachi
      @mbawithprachi  3 месяца назад

      I feel it's all about your priorities but one should never blindly follow others - they won't be able to be happy! :(

  • @GauravBagul-n6x
    @GauravBagul-n6x 4 месяца назад +5

    My kinda dream job was to get into consulting. I knew some work that they do as i was preparing myself for it. But after looking at your video and hearing there is only work 24*7 and even on weekends i dont think i will be able to work like robot. Rather not going into it unless there is work life balance. Thank you for making this video.

    • @mbawithprachi
      @mbawithprachi  4 месяца назад

      The work is definitely good, but comes with it's own challenges :(

  • @jvs9797
    @jvs9797 3 месяца назад +21

    A female chartered accountant employee 26 yrs old died in EY,couple of days back due to work pressure as you mentioned in the video. Her Non stop work ruined physical and mental health which led to the death of that lady.Her senior ruthlessly put her on duty even during night.. I think Corporate life is horrible after hearing her incident.😢

    • @mbawithprachi
      @mbawithprachi  2 месяца назад +10

      We can't blame the entire corporate world. But like I mentioned in one of my comments, since childhood we are encouraged to work so hard towards our goals that it becomes really difficult to give up or to even accept that there's something we might not be a good fit for, especially in India, where so many people are ready to take our place. And the pressure to keep going can make us ignore our health, both mental and physical. The hope that things will get easier if we just hang on a bit longer. It's just super important to know when to quit and what to prioritize.

    • @SThomas2024
      @SThomas2024 2 месяца назад +2

      Corporate world should take some responsibility if its work culture is exploitative .. Just because there are people willing to be exploited does not mean that Corporates should exploit them .. Dealing with people with respect and care , should be the culture .. if everyone is expected to be bold and know their limits , then we should not have laws in this country

  • @shobhitmishra9627
    @shobhitmishra9627 6 месяцев назад +9

    I am happy to see people like you coming out and helping aspiring college students who are unaware of harsh realities of the corporate world.
    1cr salary is actually not worth it if u are gonna end up paying for gastritis or spondylitis at the age of 35-40

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +4

      That's my intention!! 😇 There is nothing wrong in acknowledging the limitations of your body. Does not make you weak!

    • @MarkSeb-z5x
      @MarkSeb-z5x 3 месяца назад

      35 ? Mental health will suck up brain 🧠 by age of 28.

  • @AbhishekChaudhary-fz2dm
    @AbhishekChaudhary-fz2dm Месяц назад +2

    Iim after IIt kya majboori rhi wasted iit seat and took chance of some other bba bcom etc student to get some nice opportunity

  • @plant_leaf
    @plant_leaf 4 месяца назад +10

    This recession has exposed management consultants, as companies dont have money to hire these people anymore. Management consultancy is least respected in the corporate world and is considered a big sham. They rely on business jargon and generalistic rhetorics under the garb of providing practical solutions, and overcharge their clients having no respect for their hard earned money. Their primary aim is to pocket their client's money. Helping them is secondary and not a requirement.

    • @mugdhanbapat
      @mugdhanbapat 4 месяца назад +2

      Capitalism at its peak!

  • @venkataramanparameswaran385
    @venkataramanparameswaran385 Месяц назад +2

    What is the point of earning soo much, when you don’t get time and can’t actually enjoy and spent it. I don’t understand the actual mindset and goal of people working in these corporates. Moreover that’s why we see 90% of vacancies unfilled in these companies. Seniors extract more work from the existing employees as new onboarding is very low.

  • @Rohan-0606
    @Rohan-0606 3 месяца назад +5

    I think consulting firm can hier CA'S than MBA students since we had already use through the same during our articleship tenure

    • @mbawithprachi
      @mbawithprachi  3 месяца назад +1

      But kab tak yahi karoge 🙈

    • @mangitayadav1097
      @mangitayadav1097 2 месяца назад

      ​@@mbawithprachito padhai kyu ki hai 🤦🏻‍♀️

    • @mbawithprachi
      @mbawithprachi  2 месяца назад

      @@mangitayadav1097 haha, taaki naukri mil sake :(

    • @mangitayadav1097
      @mangitayadav1097 2 месяца назад

      @@mbawithprachi to dii according to u CA k liye konse domain mai opportunities achi hongi with respect to salary

  • @abdulbaree9693
    @abdulbaree9693 11 дней назад

    I worked at Goldman Sachs for a year -left it. joined Mckinsey left in 1.5 years. at last I joined Amazon -same story.Its hard to find a company with a good work life balance.

  • @pankajjjjjjjjjjjjjjj
    @pankajjjjjjjjjjjjjjj 6 месяцев назад +15

    Thank you soo much for creating such insightful video

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад

      Thank you for the kind words!! ❤️ It motivates me to put up more such videos :))

  • @be_kindgirl
    @be_kindgirl 4 месяца назад +2

    Thank you so much for insights on other side of the role as we usually tend to get fascinated by watching videos about the fairy tale of consulting roles and dwell in myths. Well said there is no free lunch as such.

  • @aa01010
    @aa01010 6 месяцев назад +7

    Consultant company hire people from IIT , IIM etc who can slog like a rot. After all they cracked CAT and JEE Advance. Since class 9 they are working like a slogger , running behind to deliver 99.9999% of perception of every one. [ if not theirs ] . THERE IS LIFE APART FROM MONEY AND JOB.

  • @SupersonicDiesel
    @SupersonicDiesel 2 месяца назад +2

    I hate travelling on the job because of the expense reports to be submitted. Sucks big time. Better to have a higher salary vs travel opportunities

    • @mbawithprachi
      @mbawithprachi  2 месяца назад +1

      Haha, it sure is a hassle 😂

  • @ansumandhal8877
    @ansumandhal8877 6 месяцев назад +7

    Being a Digital Transformation Consultant (not from MBB), I can totally relate to this.

    • @pranavk5042
      @pranavk5042 4 месяца назад

      Where you working now?

  • @psydhant
    @psydhant 3 месяца назад +2

    I know there are jobs out there which are rewarding in terms of work life balance. But I'm already working 12 hours at a low paying job, i might as well go through mba and get paid 16x over for the same time period.

    • @mbawithprachi
      @mbawithprachi  3 месяца назад +1

      Ofcourse, it's always about trade-offs and your priorities. Bas I believe you should never compromise on your non-negotiables.

  • @NotTooShort
    @NotTooShort 4 месяца назад +8

    this is true that everything is extremely hactic but its also true that this is one of the only ways a middle class person can get even close to becoming rich

    • @mbawithprachi
      @mbawithprachi  4 месяца назад +3

      Completely agree! You just need to weigh the pros and cons to choose what's best for you :))

  • @25ndsnht
    @25ndsnht Месяц назад +1

    I experienced similar situations in corporate and decided to quit it on same grounds. I want work life balance and family time at all costs. Thanks for sharing your experience :)

  • @arnita_sur
    @arnita_sur 5 месяцев назад +6

    Thank you for the video. Appreciate the honesty. 😊

  • @pushpendrasingh8277
    @pushpendrasingh8277 5 месяцев назад +1

    My elder brother is also into management and consulting and has done MBA from sibm Pune , initially he started with vitarka and then got his dream job at Accenture, it's been more than a year he is earning a good amount of money but he is not happy my parents wants him to get married but he is simply not ready for it , I don't know how does he work but all the time he is on his laptop and looks drained out
    My father has asked him to take a break for 2-3 months from his work but he is not willing to do that too
    What should I say i mean he was my role model from the school days but now I just don't know I don't want to become like him , he hardly talks to my parents once or twice a week 😢

    • @mbawithprachi
      @mbawithprachi  5 месяцев назад +1

      Hey, I think all your brother would need right now is your support to decide what he wants to do next. Many a times we are stuck at a place but don't want to move on because of family expectations (direct or indirect) or peer comparison. But in the end, it would be your brother's decision only. You can just be there for him :))

  • @ajitheshreddy
    @ajitheshreddy 6 месяцев назад +6

    Thanks for these truth-revealing videos.

  • @mayanksinghkumar8155
    @mayanksinghkumar8155 Месяц назад +2

    But mam pls can you tell that many thinks bcoz everyone tells on youutube that if we do these top consulting jobs for short term so these teach us the business skills and consulting skills that they can use in future for thier own business also so
    I wanna ask is it necessary to learn these skills to join these consulting job
    Bcoz if yes then what does the iim teaches in mba 😢
    Pls tell me

    • @mbawithprachi
      @mbawithprachi  Месяц назад +1

      IIMs teach you how things work theoretically and how you can structure your thoughts/ how should you approach any problem using case studies, etc. But when you actually work on a case, face problems and solve for them - you learn what's feasible and what's not. Especially in consulting where you work on multiple cases in a short span, you learnings increase exponentially.

  • @altruist_9
    @altruist_9 4 месяца назад +3

    I really appreciate the last line agar Jaan hai tho Jahaan hai -100%! Health defines the life you live.

  • @bharatluthra6864
    @bharatluthra6864 4 месяца назад +2

    very Well decision taken Prachi. thank you so much for speaking so openly about it. Hats off to you!

  • @manas_gup
    @manas_gup 3 месяца назад +7

    My friends have worked in all big 4s... bilkul sach hai..i have witnessed them working 11-12 hrs daily mostly skipping meals... bandhua majdoori 😅

    • @YashSharma-w6e
      @YashSharma-w6e 2 месяца назад

      @@manas_gup so what would Be the best Domain As per your Opinion ? Would it be a Buisness ?

  • @Migadveda
    @Migadveda 2 дня назад

    How can I build a career in consulting companies? My college offers specializations in HR, Marketing, Operations, and Finance, with Business Analytics as a secondary specialization. Which specialization should I choose to build a career in companies like McKinsey & Company?"

  • @youtubeaddict3041
    @youtubeaddict3041 6 месяцев назад +7

    One more thing, these are the people who suggest layoffs to companies. They take so much money from companies and ask them to layoff employees to increase returns.

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +2

      "It is all part of cost-cutting" 😪

  • @kritikasoniii
    @kritikasoniii 6 часов назад

    Very well explained, insightful video. I'm planning to do an mba. If my life gonna be like this after spending much time then what's the whole point of living your life like this. You earn to get peace or good livelihood. Our first priority should be physical and mental health

  • @MarkSeb-z5x
    @MarkSeb-z5x 3 месяца назад +2

    Everything depends on job role , reporting manager, work culture, people around you. If a toxic guy or toxic boss integrates into your team its game over.

    • @mbawithprachi
      @mbawithprachi  3 месяца назад

      So true!!! Any job can become toxic if the people around you are toxic 🥺

  • @GeniuslyTensai
    @GeniuslyTensai 3 месяца назад +1

    1:33 ma'am when you said that you were lacking proper qualifications for product management what did you mean by that? What qualifications are then required for product management

    • @mbawithprachi
      @mbawithprachi  3 месяца назад +1

      Hey, for prod man - a CS degree or coding experience helps. Apart from that, you can also do some online certifications or participate in ProdMan case competitions if you really want to go into Product Management. Will try to come up with a detailed video on this - so stay tuned! :))

    • @CaramelTV2
      @CaramelTV2 2 месяца назад

      Interested in PM too

  • @SUCCESSFULTRADER4
    @SUCCESSFULTRADER4 2 месяца назад +5

    after doing articleship from big 4 i can say hell will be more glorious then being there.

  • @Pentester5667
    @Pentester5667 3 месяца назад +1

    I think same goes for MAANG
    But agar on-site jayenge to 9 to 5
    Remote mein to💀

  • @mandalorian1992
    @mandalorian1992 6 месяцев назад +26

    Worked in 2 big four firms - Apart from Money, glamor and occasional innovative projects, there is not much to look forward.

    • @jinsflsg
      @jinsflsg 3 месяца назад

      From a curious perspective, what else do you look for in a job apart from these?

    • @heavenlypot
      @heavenlypot 3 месяца назад

      Aur kya chahiye tujhe

    • @mandalorian1992
      @mandalorian1992 3 месяца назад +3

      @@heavenlypotand @jinsflsg after a point of time, you need better work life balance to pursue your hobbies and take care of your family. you need a better work culture where you are not constantly competing with your co-workers. you need teammates who are more mature and understanding (good with IQ and EQ) you need bosses who are not very toxic (thora bohot toh rehega hi, but not much). Consulting makes you travel a lot which sounds nice at the begining, but not when you have to do it continuously. Networking is something that you have to constantly do in Consulting (meet new people, know them and enagge with them - both inside the org and on the client side), not everyone at every phase of life can be inclined to do so. hope I was able to put my point.
      P.S. a 26 year old CA lady died a few days ago due to overwork in EY Pune. Yeh hai big 4 ka problem 😑

    • @mandalorian1992
      @mandalorian1992 3 месяца назад

      @@jinsflsg read my reply below 🙂

  • @growinlife4617
    @growinlife4617 2 месяца назад +2

    Very well explained Prachi 👏

  • @yashsaxena6416
    @yashsaxena6416 3 месяца назад +4

    I left my consulting role in EY in 3 months. Will never go back to consulting ever again.

    • @mbawithprachi
      @mbawithprachi  3 месяца назад

      Best decision ever if you didn't like it setting

  • @tusharanand4059
    @tusharanand4059 3 месяца назад +1

    I worked for 3 years in Deloitte technology consulting. It's was good from exposure and money standpoint but learning is not there. Travel was hell and working out of suitcase

    • @mbawithprachi
      @mbawithprachi  3 месяца назад

      Hopefully you are now happy with your work! :)

  • @pranavgour9249
    @pranavgour9249 4 месяца назад +3

    I was in Deloitte advisory, मुझे ऐसा लग रहा है कि आप मेरी स्टोरी सुना रहे हो क्या 😂😂😂😂😂😂

  • @vicky26pen
    @vicky26pen 2 месяца назад +2

    I used to work in the nights till 12 am and then attend call at morning 11 am. Then I stopped attending late night calls, they removed me from project. 😊

    • @mbawithprachi
      @mbawithprachi  2 месяца назад +1

      That's what happens. :( You can set your own boundaries but only to an extent.

  • @arnoldarnold2653
    @arnoldarnold2653 3 месяца назад +4

    Kudos to people like you who stand up against corporate slave mentality where you are expected to perform like a robot perfectly everytime

  • @sharkvlogs4110
    @sharkvlogs4110 2 месяца назад +2

    Hi prachi, I have completed by BBA this year and I'm 23 what would you suggest for me to become a mangement consultant is it necessary to do a MBA to enter in any big consulting firm like yours?

    • @mbawithprachi
      @mbawithprachi  2 месяца назад

      It would be easier for you to enter management consulting post doing an MBA from a top tier institute. Otherwise you will have to take a longer route.

  • @manalimathurkar7275
    @manalimathurkar7275 6 месяцев назад +7

    Hi prachi..i m 32 mommy working in govt bank past 7 years but wahi growth nhi mentally,i m studying for cat...what u think will it b possible for me to handle corporate pressure alongwith family responsibilities

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +4

      Hello, you are doing a difficult work managing both things!! Given your experience, I feel an executive MBA would be better for you. As for jobs, you can always look for options where the work life balance would be better. You might have to compromise a little on the pay, but it would be worth it! All the very best!! ❤️

    • @ZoldicsDiaries
      @ZoldicsDiaries 6 месяцев назад

      Minimal living is best, iyd okay to be content in life with sukoon.

    • @ZoldicsDiaries
      @ZoldicsDiaries 6 месяцев назад

      Have minimum 2-3 children.

  • @KrishnaMishra-op5jt
    @KrishnaMishra-op5jt 2 месяца назад +1

    Starting ke kuch saal to har job me hi pressure hota hai. In fact IPS officers to Raksha Bandhan, Diwali, etc. pr bhi ghar nahi aa pate.
    Election ke time subah 5 baje se raat 10 baje tak kaam.
    Lekin personal choice hai .

  • @shivamshankhdhar89
    @shivamshankhdhar89 3 месяца назад +7

    Many of my friends wish to join McKinney, BCG, Bain because they offer free lunch ( quality one ). They are not excited for anything else.

  • @saurabhkesharwani6143
    @saurabhkesharwani6143 6 месяцев назад +7

    Good video! 👍🏼
    Well! Not only in Management Consultancy, even in IT and others fields people are saying, that All that glitters is not Gold.
    I guess, the Rat Race has started to backfire now! 🤔

  • @shubchatt
    @shubchatt Месяц назад +1

    It's the same in all professional services industry. I am doing it for 20 years and running..

  • @Keyboardwarrior-li7lf
    @Keyboardwarrior-li7lf 5 месяцев назад +4

    I usually never comment but this video is so insightful. Thank you ma'am for being so honest and open. I have had exactly the same experience in a different field. I have been feeling low but this video helped me so much. Please continue making such videos and guide us.

    • @mbawithprachi
      @mbawithprachi  5 месяцев назад +2

      Thanks a lot for commenting!! Such comments motivate me to do better ♥️
      I hope you are doing better now and it's totally okay to choose health or mental peace over anything else. Rather one should. :))

    • @gulzarakhtar9383
      @gulzarakhtar9383 4 месяца назад

      ​@@mbawithprachi atleast people are paying but now adays few companies don't even pay much and expect to work for 2 FTE, S

    • @PradhanmantriBruhh
      @PradhanmantriBruhh 3 месяца назад

      Blud you are literally named keyboard warrior

  • @ImranKhan-gl4td
    @ImranKhan-gl4td 6 месяцев назад +2

    I have a friend he is also in a big corporate. I hardly meet him in a month that to visit him in his house where he keep working despite having weekend off..

    • @mbawithprachi
      @mbawithprachi  5 месяцев назад

      Somehow, we end up like that :(

  • @rajeshmeena8048
    @rajeshmeena8048 6 месяцев назад +263

    East or west sarkari naukri is best 😅😂

    • @ranachowdhury3808
      @ranachowdhury3808 6 месяцев назад +14

      Correct

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +63

      Haha, realizing that now :P

    • @Abhishek-ox3qk
      @Abhishek-ox3qk 6 месяцев назад +60

      Beta waha bhi ro rahe hai ja k dekho😂

    • @Abhishek-ox3qk
      @Abhishek-ox3qk 6 месяцев назад +29

      @@Rajpurohit582 dekhe nhi ho isiliye itna overconfidence hai

    • @Abhishek-ox3qk
      @Abhishek-ox3qk 6 месяцев назад

      @@Rajpurohit582 😂😂😂😂😂 tu pagla gya hai saley ja k dalali kar sebi rebi tebi, duniya bahut badi hai tu gyan pel rha hai high low pressure
      Statistics padh pehle ja k

  • @AdityaPatkar-mr5lh
    @AdityaPatkar-mr5lh 2 месяца назад +1

    I have one question for you do consultants really solve problems . You scored 99.53 percentile still converted iim Calcutta now people are getting rejected even at 99.99 percentile

    • @mbawithprachi
      @mbawithprachi  2 месяца назад

      Not every solution consultants give is implemented but think about it - if they weren't solving anything in reality why would any company pay loads of money to them?
      And converting IIMC at 99.53 or getting rejected at 99.99 is totally dependent on your previous profile. My previous academic scores + work-ex + the fact that IIMC gives gender diversity marks helped me get a call.

    • @AdityaPatkar-mr5lh
      @AdityaPatkar-mr5lh 2 месяца назад

      @@mbawithprachi do 100 percentilers also get rejected at old IIMs

    • @mbawithprachi
      @mbawithprachi  2 месяца назад

      It's important to understand that the composite score plays a crucial role. For example, my brother, despite scoring a 99.96 percentile, didn't receive a call from IIM Bangalore. If his work experience or academic scores had been slightly lower, he might not have received calls from IIM Ahmedabad or Calcutta either. The selection criteria truly matters!!

    • @AdityaPatkar-mr5lh
      @AdityaPatkar-mr5lh 2 месяца назад

      @@mbawithprachi right now there are lot of people with almost same accads . There should be more focus on person overall personality for his selection at b school rather than just higher grades GD rounds mein log bolna hi nhi deta .

    • @AdityaPatkar-mr5lh
      @AdityaPatkar-mr5lh 2 месяца назад

      @@mbawithprachi did you converted IIM Ahmedabad as well

  • @adityapardhiace7631
    @adityapardhiace7631 4 месяца назад +3

    Thank you so much prachi maam this video was eye opener for me, believe me❤

  • @amitgupta12078
    @amitgupta12078 2 месяца назад +1

    Ye kya bta rhe ho aap phir kai iitians,nitians,bits ke students top iim se mba karte hi kyu hai jab itna work pressure haijob me toh??

    • @mbawithprachi
      @mbawithprachi  2 месяца назад

      1. Har field me itna pressure nahi hota hai and 2. Sometimes uplifting your financial status becomes more important or some folks actually do like this work or can handle this lifestyle. The whole point of making this video was that you should just think through your priorities before deciding anything. If you feel itna pressure nahi lena, then you can opt for a different role. That's it.

  • @gaurangsawant516
    @gaurangsawant516 6 месяцев назад +9

    Thank you so much, Prachi Madam. Your guidance is very helpful for candidates looking to step foot into management roles. Even though I was considering consulting as a pharma graduate your video has opened my eyes to the harsh realities of consulting roles in branded companies.

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +3

      It's my pleasure, and I'm so happy to be able to help you make better decisions. ❤️ Honestly, every job comes with its own challenges, but sometimes it can become really overwhelming. That's when it's important to start exploring other options. Health should always come first!

  • @dharmapuriprasad6192
    @dharmapuriprasad6192 3 месяца назад +2

    she is true.... if you want a robotic life then its very good investment in your life. but if you are a free bird you want to be like that.. dont wast your money invest your money where you have intrest... and keep your self engaged with that work if you really geylt sucess all the dream companies you looking for they will run behind you for your appointment...

  • @RaveSharrma
    @RaveSharrma 2 месяца назад +12

    Corporate is more or less like a modern day BANDHUA MAZDOORI !! the world looks glittery from outside, but is dark and ruthless inside.

    • @mbawithprachi
      @mbawithprachi  2 месяца назад +2

      But that's what majority of us have, so need to make do!

  • @its_yourparth
    @its_yourparth Месяц назад +2

    Does becoming an entrepreneur take away all this stress from you?...
    U have to work hard everywhere dont u think?

  • @swapnilverma6370
    @swapnilverma6370 4 месяца назад +3

    Thanku Prachi for the insights❤

  • @aniketpandey2007
    @aniketpandey2007 2 месяца назад +1

    As I have observed these work-life balance issues are not that prominent in the EU. Even in the USA, I'd say things were better compared to how the lady describes them.

  • @theaaravsaw
    @theaaravsaw 4 месяца назад +8

    for a middle class guy raised in bihar with sikari nokri culture, mbb and IB is still a dream, this content motivates me more😗😁 having high aspiration in tier 3 bihar is so damn hard

  • @dr.sagarguru9356
    @dr.sagarguru9356 Месяц назад

    Really glad to listen your life story.... subscribed🎉

  • @ShittyWorld-zs9ry
    @ShittyWorld-zs9ry 6 месяцев назад +18

    Consulting is hard and not for everyone. It's similar to running a business.

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +7

      Absolutely! You need to ensure you can balance things out, or else it will effect your health significantly.

  • @richa4u
    @richa4u 2 месяца назад +1

    Mam what do you think about govt. officers IAS, IPS..they also have tough load but do you think it would be less than corporate world or..maybe more rewarding? I AM so stuck between wanting to join consulting firm but seeing tons of videos about toxic corporate culture, I want to go for civil services. Please let me know your opinion

    • @mbawithprachi
      @mbawithprachi  2 месяца назад

      Helloo, soon planning to come up with a detailed video on this so stay tuned. Till then, also do think about the kind of work you'll have to do in both the sectors and what interests you?

  • @melomaniaworld9844
    @melomaniaworld9844 6 месяцев назад +6

    Thanks Di for making this video. I asked the same question in the last video. I got all my answers from the video. Keep guiding us Di 😊😊

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +2

      Thank you for the idea!! Realized not a lot of people know the inside truth. 🙈 Happy to see that you were one of the first viewers 😍😍

  • @dev4128
    @dev4128 2 месяца назад +1

    Thank you for sharing harsh reality even i went through this in my company

    • @mbawithprachi
      @mbawithprachi  2 месяца назад

      Have you switched your job? Hopefully this one is better :))

  • @vishisapra9200
    @vishisapra9200 6 месяцев назад +4

    Hi Prachi! Is work life balance better in HR roles after MBA from a good college? I’m preparing for CAT2024 and thinking of going for HR. What are your views?

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +3

      Hi, mostly yes but do talk to people to know more about a company before joining. Rest, you will only know what's good for you once you join. :)

    • @subramanianadaikalam9277
      @subramanianadaikalam9277 5 месяцев назад

      Not necessary. HR roles are getting transformed now and you have to make hard decisions that may be firing, reducing work force, reorg etc

  • @amishaagarwal5481
    @amishaagarwal5481 2 месяца назад +1

    Very insightful and informative video Prachi didi. Thank you for showing the reality of consulting life. Please keep posting more such informative content. Also, great editing in this video.

  • @Ucy49
    @Ucy49 6 месяцев назад +3

    Didi what should an individual choose between IPM IIM Indore and SRCC Eco Hons after the 12th if converted both

    • @mbawithprachi
      @mbawithprachi  6 месяцев назад +6

      Hello, IPM Indore will give you a direct path to MBA but SRCC Economics will keep your options open. So think about your end goal and choose accordingly. Also, SRCC is a good brand + if you feel that when the time comes you will be able to crack CAT and get into IIM ABC - I would personally recommend choosing SRCC given that you don't hate economics!! :P

    • @Ucy49
      @Ucy49 6 месяцев назад +1

      Thanks for your insights...didi