Super excited to launch a no bull-sh!t course to plan your MBA journey. Link with details - www.insidergyaan.com/ The course is based on on-ground realities, and shared by a top business school alumnus who has gone through the same confusion and decisions as you
Hi.. do IB /PE,VC/Consult role always requires A academics? As I have below par 10 score and 7 in 12 and graduation plus CA CS.. how's my chances in these types of roles
Should also mention growth options in terms of salary 5-10-15-20 years down the line in both the fields if you continue in the same Consulting/IB sector
Very very insightful, thank you so much for this! I had to request if possible, could you guys please make a video on how can a Commerce Grad get into Consulting, Investment Banking, Porfolio's, etc? What are the options? Preferred professional qualifications, how to start off early sort of advices. I'm sure this is a center of doubt for many of IB aspirants out there, would be really great! :)
@@InsiderGyaan Yes true, wanted exactly to know how to build and work on ourselves right from first year of graduation itself and as to how to progress in work ex, what kind of roles to start with, and then progress for an MBA. Thanks for considering! :))
Hey, I still dont understand why ppl run after ib/consulting especially when I have seen majority ppl quit after 2 years. I am going into one of holy Trinity this year but wanted to get into big firms like flipkart, ABG, amazon, mondelez. But seeing that these investment banks and consulting firm are called on campus before them I have started to get confused. I dont want be the fool who aimed at day 1 companies and left the day -1 and day 0 firms.
I think they paid more so called in day 1, and now everyone wants to get a day 1 job so they end up getting the best candidates always, and hence people continue to think best people go to consults / IB 😛 1 good point about them are these are kind of generalist fields giving you a lot of learning experience in a short time. But ur aim of going into the industry and tech makes sense, and if you can, stand your ground because Amazon abg etc are great places to work with good work life balance and that is important too!
Thanks for the much required info. I have a doubt though- when you say iims, you mean the old iims (blacki) or the new iims as well. Also, I wanted to know if client facing ib and/or consulting roles at top companies (bain, bcg, etc.) and investment bank (jp morgan, morgan stanley, etc) come at NMIMS, Mumbai?
@@stoic007 I think you also didn't understand my point said. Your life will be hectic as an investment banker so he looked dead inside but this job pay muche higher than consultant depending on the companies.
@@yuvraj1971 it depends upon the company you are working. If in india not in a big company still your salary will be good. If you are working in some fortune companies then sky is your limit. You will rarely find any one who has interest in investment banking. Most of investment banker comes to this field to earn high salary.
Hi, is it necessary to go for MBA from IIMs if a person is from IIT-(old ones) itself.. as all the big consulting and IB firms comes here as well for the campus recruitment..
No it is not. Consults do hire from the IITs and then you can grow up the ladder. But if you haven't made it directly from campus while graduating, then chances would be lower I would say
What if somebody doesn't have MBA From IIM or ISB like top B Schools... can they get chances to join consulting companies like Bain, McKinsey,BCG and Goldman Sachs etc from off campus...like from career sites of these companies?? And if yes is there any changes of shortlisting of resume???
What are the other kind of industry available other then these 2.. Kindly cover them in simgle vedio to know what other kinds of industries available to put our hands into in.
I am doing my normal undergraduate degree from normal college. Please suggest me steps like what should i do to pursue this investment banking career😢. Too worried for my future.
Try to build some IB skills by doing projects or internships, or go for MBA, or start smAll by working in back offices of IB or small boutique. There is a video 'Investment banking - interview, life salary' on my channel which has a deep dive. Check that out you may get more ideas :)
Hey what's your take on getting into consulting (MBB) after your undergrad, right of the bat? Like i, probably be enrolling in IIM Indore for IPM program (BA+MBA). But tbh, I am inclined towards getting into consulting after bachelors. And then after few years work experience, going to HBS or Upenn. Which is quite common in USA, to get in MBB after undergrad! But in India after undergrad opportunities doesn't seem too prominent! So can you tell me is it really hard/rare to get in top consulting firm like MBB after undergrad?
Mam I'm an arts student preparing for consulting. Sir how to prepare for case interviews as I don't have fundamental knowledge of management like marketing, corporate finance, operations etc. Then how can I prepare, which books or study material should I prefer that starts from the basic in easy Language. Mam please reply
Hii mam I am having 10th- 82% 12th-84% Persuing graduation from delhi university school of open learning Wanna do cfa in future Can i get entery level job in investment banking ?
Hi. I have done my civil engineering from a less known private college in India. Post that I have been working with startups and have a work-exp of 6 years including 2 years of international work exp. My current GMAT is 710 and I aspire to get into MBB. Is my GMAT and overall profile a blocker. Because while discussing my short-term goals with few people I got a outright rejection that MBB won't consider you below GMAT of 740
Yes of course. There are quite a few consulting videos on the channel for you to checkout. You will need to work on good gpa and profile and practice cases in short.
I'm having above 80% in schooling and above 75% in engineering. My work experience is around somewhat more than 2 years as an analyst and my GRE score is 320 approx . What are the chances that I can get into the ISB Hyderabad as I have done engineering from a private college.
Hi, I am having 93,81 and 74 in 10,12 and grad(engineering from NIT). Along with this I have done 4-5 courses from udemy, coursera on finance(Corp. Fin, Valuations and Fin. Modelling) and Excel. I also have quite a few POR during my undergrad. Can you please tell my chances of gettting shortlisted for banks(jpmc, morgan stanley, citi etc). Got IIFT this year. Thanks in advance
Ma'am basically as per many videos on YT these to MBA has top most salary and equal amount of workload so my quesion is that MBA marketing or finance also has the same or different plz and sorry for such stupid questions but still you have this much experience so r the right person to tell us these things
@@AKumar-jn9sz finance jobs are usually a bit more stressful; ops and hr usually bit less as they are not client facing and middle office roles. But salaries are also commensurately slightly lower
@@InsiderGyaan thank you ma'am actually I am planning to quit my current PSU job and going for MBA as in my current job stress is high and salary is average, but the problem is my age is 27 so at this age should I go for consulting or operation MBA
Video is excellent on comparison with consulting option or IB option after MBA on various aspects. Hope Student’s will be benefitted through this video, after that individual can thing for mentor ship for better future.
Does pvt bank give only sales n target oriented jobs or there are other nonsale department exist ? Plz suggest me because I'm persuing my MBA in Banking and Finance Management. Give me direction. Plz reply
Not at all! There could be a variety of roles in pvt banks. It could be in sales or relationship management or strategy division or finance operations, IT. Options are many :)
Ummm...I have a doubt...like do they recruit btech students from IIT or one need to opt for MBA ND all?...how much CTC tech consultancy offers to freshly btech graduate
@Insider Gyaan Lyk I m getting seat in IIT Indore mechanical branch...but I m not that interested in studying mechanical engineering....lyk in future I would lyk to persue some non core jobs in IT industry....what should be my strategy for that.....or should I go with CSE in IIITS?
Just by doing CFA, not really...because IB deal execution doesn't need hardcore cfa concepts...u can get into other finance fields like portfolio mgmt, equity research etc.
Amazing insights😍...btw can you guys please give a breakup of the CTC...like what percentage of the CTC is the base pay and also what percentage of variable pay is to be expected realistically.
Hehe there is no straight rule. Most days avg of 12. Good days 3-4 which is only when you r not on a project. Bad days 18 ish...most weekends are not fully free too
Hi,I have done MBA from some common University having 1.5 years exp but want to change the domain to IB and Want to do mba from ISB.Can you please guide how can I get good grades in Gmat
![SALARIES & HOURS of Banker VS Consultant Exposed 🤯[Ex, BCG] - Applicable for Mckinsey/Bain/Goldman](/img/1.gif)
For salary move to 3:40😍
Then say thanxx to me🤣😝
Thx
Thankyou 😂
Super excited to launch a no bull-sh!t course to plan your MBA journey. Link with details - www.insidergyaan.com/
The course is based on on-ground realities, and shared by a top business school alumnus who has gone through the same confusion and decisions as you
Hi.. do IB /PE,VC/Consult role always requires A academics? As I have below par 10 score and 7 in 12 and graduation plus CA CS.. how's my chances in these types of roles
Should also mention growth options in terms of salary 5-10-15-20 years down the line in both the fields if you continue in the same Consulting/IB sector
Will include when we have that much experience in working in these fields :)
Dropping a like for the Gogeta miniature in the background!
Haha! Thanks gogeta is more popular than our videos 😬
Very very insightful, thank you so much for this!
I had to request if possible, could you guys please make a video on how can a Commerce Grad get into Consulting, Investment Banking, Porfolio's, etc? What are the options? Preferred professional qualifications, how to start off early sort of advices. I'm sure this is a center of doubt for many of IB aspirants out there, would be really great! :)
Noted saurabh. Honestly it is either campus placements or lateral hiring. But sure there are ways to make ur profile attractive - will plan a video
@@InsiderGyaan Yes true, wanted exactly to know how to build and work on ourselves right from first year of graduation itself and as to how to progress in work ex, what kind of roles to start with, and then progress for an MBA.
Thanks for considering! :))
@@InsiderGyaan when will The video about the above factor will be generated awaiting!!
You guys do amazing stuff. Really helpful for youngsters like me
Thanks for the support and encouraging comments Hrithik :)
Thank you so much for the video!! Love your chanel! Keep going
Hey, I still dont understand why ppl run after ib/consulting especially when I have seen majority ppl quit after 2 years. I am going into one of holy Trinity this year but wanted to get into big firms like flipkart, ABG, amazon, mondelez. But seeing that these investment banks and consulting firm are called on campus before them I have started to get confused. I dont want be the fool who aimed at day 1 companies and left the day -1 and day 0 firms.
I think they paid more so called in day 1, and now everyone wants to get a day 1 job so they end up getting the best candidates always, and hence people continue to think best people go to consults / IB 😛 1 good point about them are these are kind of generalist fields giving you a lot of learning experience in a short time. But ur aim of going into the industry and tech makes sense, and if you can, stand your ground because Amazon abg etc are great places to work with good work life balance and that is important too!
Thanks for a detailed comparison video. Its clear and comprehensive.
Data point on opportunities/ Mobility outside India would really help.
Mobility options are good in both
Apart from being a generalist and having problem-solving skills what other parameters make you fit for a consulting role?
Problem solving is the only real requirement. Others vary on your level etc.
Thanks for the much required info. I have a doubt though- when you say iims, you mean the old iims (blacki) or the new iims as well. Also, I wanted to know if client facing ib and/or consulting roles at top companies (bain, bcg, etc.) and investment bank (jp morgan, morgan stanley, etc) come at NMIMS, Mumbai?
I don't know about NMIMS - I think they don't. Also yes, we mean old IIMs
@@InsiderGyaan Thanks!
I really like you soumi it just gives me a gut feeling u r a v nice person and inspirational too ❤
So nice of you to drop in and say that. Thanks :)
It's seems that the Investment Banker is dead inside!!
But the Consultant seems more lively!!
But his bank balance would be much higher than consultant. That's the only advantage of being a investment banker.
@@daredevils5742 You are not getting the point.
@@stoic007 I think you also didn't understand my point said. Your life will be hectic as an investment banker so he looked dead inside but this job pay muche higher than consultant depending on the companies.
@@daredevils5742 no to much high it's slightly high
@@yuvraj1971 it depends upon the company you are working. If in india not in a big company still your salary will be good. If you are working in some fortune companies then sky is your limit. You will rarely find any one who has interest in investment banking. Most of investment banker comes to this field to earn high salary.
Di thanks for making this channel and for this video ☺️❤️... Hope to meet you guyz at least once in my lifetime 🙏🏻
Glad it is helping Ujjwal. Let's hope that surely happens :)
Would consultants get weekends off? If not,can they opt for work from home(not considering pandemic..)
It's really a good and all important new for Con... & IB love it❤
Thanks glad you liked it! :)
Hi, is it necessary to go for MBA from IIMs if a person is from IIT-(old ones) itself.. as all the big consulting and IB firms comes here as well for the campus recruitment..
No it is not. Consults do hire from the IITs and then you can grow up the ladder. But if you haven't made it directly from campus while graduating, then chances would be lower I would say
What if somebody doesn't have MBA From IIM or ISB like top B Schools... can they get chances to join consulting companies like Bain, McKinsey,BCG and Goldman Sachs etc from off campus...like from career sites of these companies??
And if yes is there any changes of shortlisting of resume???
What are the other kind of industry available other then these 2.. Kindly cover them in simgle vedio to know what other kinds of industries available to put our hands into in.
I am doing my normal undergraduate degree from normal college. Please suggest me steps like what should i do to pursue this investment banking career😢.
Too worried for my future.
Try to build some IB skills by doing projects or internships, or go for MBA, or start smAll by working in back offices of IB or small boutique. There is a video 'Investment banking - interview, life salary' on my channel which has a deep dive. Check that out you may get more ideas :)
IB salary + bonus is better than consulting. Work-life balance is also the same. Then, IB> Consulting. Any contradictory points appreciated 👍🏻👍🏻
It will be grossly inappropriate to say work life is similar is IB and MC. IB has it way worse
Hey what's your take on getting into consulting (MBB) after your undergrad, right of the bat?
Like i, probably be enrolling in IIM Indore for IPM program (BA+MBA). But tbh, I am inclined towards getting into consulting after bachelors. And then after few years work experience, going to HBS or Upenn. Which is quite common in USA, to get in MBB after undergrad! But in India after undergrad opportunities doesn't seem too prominent!
So can you tell me is it really hard/rare to get in top consulting firm like MBB after undergrad?
Bhai pehle IIM Indore crack kar le phir bade bade sapne dekhna.😂😂😂
Mam I'm an arts student preparing for consulting. Sir how to prepare for case interviews as I don't have fundamental knowledge of management like marketing, corporate finance, operations etc. Then how can I prepare, which books or study material should I prefer that starts from the basic in easy Language. Mam please reply
+1
@@gogetter7371 sir what's+1
@@ammu.live100 that stand for support of your question.. So in short +1 means I have same question as your.
Hii mam
I am having
10th- 82%
12th-84%
Persuing graduation from delhi university school of open learning
Wanna do cfa in future
Can i get entery level job in investment banking ?
Can you review 1 year mba programs at IIMs , considering placement/ career growth for senior executives?
Hi. I have done my civil engineering from a less known private college in India. Post that I have been working with startups and have a work-exp of 6 years including 2 years of international work exp. My current GMAT is 710 and I aspire to get into MBB.
Is my GMAT and overall profile a blocker. Because while discussing my short-term goals with few people I got a outright rejection that MBB won't consider you below GMAT of 740
MBBs won't look much at ur gmat if you have really good grades in B-school. So may be try for that?
@@InsiderGyaan Makes complete sense.
Feeling motivated when engineers leaves their core jobs and enter mgt and commerce feild like banking and investment
Mam can Fresher get into consulting firms in TOP IIM's ?? If yes, then What should we do for getting into top consulting firms ??
Yes of course. There are quite a few consulting videos on the channel for you to checkout. You will need to work on good gpa and profile and practice cases in short.
@@InsiderGyaan thanks for the reply 🥺mam ...
I'm having above 80% in schooling and above 75% in engineering. My work experience is around somewhat more than 2 years as an analyst and my GRE score is 320 approx . What are the chances that I can get into the ISB Hyderabad as I have done engineering from a private college.
Very little info to make a call
Nice information!!
Hi, I am having 93,81 and 74 in 10,12 and grad(engineering from NIT). Along with this I have done 4-5 courses from udemy, coursera on finance(Corp. Fin, Valuations and Fin. Modelling) and Excel. I also have quite a few POR during my undergrad. Can you please tell my chances of gettting shortlisted for banks(jpmc, morgan stanley, citi etc). Got IIFT this year. Thanks in advance
Depends on the role u applying…but chances should be ok if u build your finance profile within mba, via courses projects etc
Please make a video on Global Markets Sales and Trading jobs.
Ma'am I like ur initiative I have doubt which MBA proffesion is relax and having good salary with less workload
Hehe - good question. I am also searching for the same 😛 if you find out let me know!
@@InsiderGyaan ma'am I m serious
Ma'am basically as per many videos on YT these to MBA has top most salary and equal amount of workload so my quesion is that MBA marketing or finance also has the same or different plz and sorry for such stupid questions but still you have this much experience so r the right person to tell us these things
@@AKumar-jn9sz finance jobs are usually a bit more stressful; ops and hr usually bit less as they are not client facing and middle office roles. But salaries are also commensurately slightly lower
@@InsiderGyaan thank you ma'am actually I am planning to quit my current PSU job and going for MBA as in my current job stress is high and salary is average, but the problem is my age is 27 so at this age should I go for consulting or operation MBA
Ma'am have you taken any coaching for IIT? Which coaching ?
I was in Kota for sometime :)
you have a lot of video with Akhil. Is he your husband?
What is the difference in the salary of CA's( Ranker) and an MBA's when they join consulting or investment banking?
Thanks for the amazing information ✨
What specialisation should be chosen while doing mba to get into consulting?
No specialization needed. Consulting is a generalist profession
Video is excellent on comparison with consulting option or IB option after MBA on various aspects. Hope Student’s will be benefitted through this video, after that individual can thing for mentor ship for better future.
Yes hopefully so 😁
Hi Soumi, can you shed some light on frm as a course
Very informative ❤️
so glad it helped :)
Nicely explained
Does pvt bank give only sales n target oriented jobs or there are other nonsale department exist ? Plz suggest me because I'm persuing my MBA in Banking and Finance Management. Give me direction.
Plz reply
Not at all! There could be a variety of roles in pvt banks. It could be in sales or relationship management or strategy division or finance operations, IT. Options are many :)
Ummm...I have a doubt...like do they recruit btech students from IIT or one need to opt for MBA ND all?...how much CTC tech consultancy offers to freshly btech graduate
Not from mba, they hire from BTech.
@Insider Gyaan Lyk I m getting seat in IIT Indore mechanical branch...but I m not that interested in studying mechanical engineering....lyk in future I would lyk to persue some non core jobs in IT industry....what should be my strategy for that.....or should I go with CSE in IIITS?
@@InsiderGyaan I feel like a bit diversion lyk to manage core studies and as well as get ready for IT industry.....
Thankyou di🥰🥰
Do you need to be good in maths for an investment banking career
Excel sheets can do the math for you, but you need to be good with numbers in general :)
@@InsiderGyaan OK and for hr and marketing is maths important
Mam mujhe goldman sachs me job karne ke liye iim degrees chahiye kya
No. It really depends on what role you will be playing there -IT, Ops, client work, M&a etc
What about m&a
mam can i get into investment banking after CFA? without mba?
Just by doing CFA, not really...because IB deal execution doesn't need hardcore cfa concepts...u can get into other finance fields like portfolio mgmt, equity research etc.
can someone from tier bschool working in industry at marketing role become consultant?
On paper yes. I think would really depend on the kind of industry / analytical skill u r bringing
@@InsiderGyaan thanks :)
Can..anyone from. Tier 2 or 3 engineering college general male..make into the top IIMs and get a job in the big consulting firms??
Pls reply 😥
Sure they can. Focus on cracking cat
Thanks for sharing!
Quality content
Amazing insights😍...btw can you guys please give a breakup of the CTC...like what percentage of the CTC is the base pay and also what percentage of variable pay is to be expected realistically.
Figures mentioned here would be base (afair) consult - 20-30% bonus. IB - 80-100% bonus on top of it
For consulting how many hours one needs to work minimum in a week.Working evryday for 16-17 hrs
...Omg 😭😭😭
Hehe there is no straight rule. Most days avg of 12. Good days 3-4 which is only when you r not on a project. Bad days 18 ish...most weekends are not fully free too
Does investment banking companies like goldman sachs offer sport opportunities ?
Sport? 😳😳😳
@@InsiderGyaan yes,Do they offer sports?
@@harshkuwar790 Yes they do. Part where he said investment bankers work 16 hours of that 10 hours are spent on clearing the pitch for next day's match
The content is great, was really looking out for this kind of comparison, reduce the volume of the music and also the makeup.🔥
If the content is good then u can focus on that and not the makeup, thanks
❤💯❤
Where is the salary part...???
Rewatch the video - may be u will find it!
Don't forget to check out website of Ministry of labour and employment for salaries of other profession and then take the decision
What if we do ca + mba for investment banker???
That's a great combo!
@@InsiderGyaan b tech degree worth for investment banking??
@@jatin1825 depends from which college
Can we do ca plus cfa for IB.
@@maverick4264 will just reach out Goldman Sachs HR head and get back to you
Hi,I have done MBA from some common University having 1.5 years exp but want to change the domain to IB and Want to do mba from ISB.Can you please guide how can I get good grades in Gmat
What worked for me was first going throught the concepts of gmat on 10-15 days and then 15 days of practicing a new question paper every single day
In India engineering are good at everything except engineering.
Kinda true lol
YOU 2 DEFINETELY DATING
We are definitely beyond that stage 😁✌️
They are married
Can I get into MBB with a CA degree
For sure u can...MBBs hire a lot of CA !
Only CA well no finance
abey salary toh bata dete!
Dobara dekh lo video. Salarh is covered