Thank you so much for this video, Taylor!!! I’m planning on having a career change into consulting and applying for my MBA degree in consulting. This video has definitely helped me be more inspired into wanting to work in consulting and it for sure gave me a great understanding of what life as a consultant will be! Thanks so much!!
This is such a great video!! Thank you for answering my question and everyone else’s. All your videos have been so insightful and just keep pushing me towards consulting!
congratulations for everything! for sure its not taboo to talk about your salary because you work for that and also studied and tried so much! hope you accomplish many many more!!!
Very interesting. Coming from a healthcare background - mental health to be specific - this bring a particular interest to me because, to put it simply, I know nothing about it. What I do love are things such as problem solving, understanding consumer psychology, and money. Would love to know more.
I consult to architects and other various customers in construction/design field. Early in my career 65-70 hrs was norm. 10 years later, flex schedule but can bump to 50-60 hours when needed, some sundays mixed in for a couple which I actually enjoy. 401k match, over six figs, performance based bonuses. Other companies offer company vehicle with gas card, and Corporate credit card but I get to expense my meetings so I collect travel miles as an added perk/incentive. Still no gas though .
Thank you so much! :) Ahh very cool, I'm curious to know what the main similarities and differences are. Also.. hoping to visit Germany again in the nearish future 😊
I think this answered all the doubts about consulting and how it works waiting for next video …. Nice content and the voice of urs made even more watchable 😊
Really nice quality video Taylor! I hope the new year is treating you well and I am looking forward to all your content in the new year! New haircut looks great!
Really enjoy your videos about UPenn. As a person that really enjoys making slideshows for school projects & teaching novice debaters, I really appreciate how informative and organized your videos are (graphics are a MUST in videos in my opinion). But most of all, I really love your energy!!! I’ve always been a very shy person since my childhood, which means that I get really nervous when I’m in front of a camera or standing in front of a classroom - I’ve learned to keep myself composed, but I’m not an exciting person by any means … that’s something to work on though. Anyway, your journey really inspires me (I’m a high school junior fyi) and much love from Chicago!!!
No idea why RUclips shows me your channel. Enjoyed it so far. Keep it up. As a Senior Consultant I see potential, motivation and skills. Go for it. All the best. ;-)
You should definitely double click on aviation industry. I worked on a number of aviation/aerospace projects with a lot of ex-MCs. I’m a propulsion engineer, so the collaboration was exciting and super productive!
I am so grateful I found your yt channel. I am currently in the third year of my studies, which is consulting. English is not my first language but fluent speaking is obviously expected in this job in my country so now I can improve it while watching nice videos! ❤ I also love NYC and vibe of this city so I'm really excited for next videos 😇
Great video btw! Looking forward to apply to consultant internships during my sophomore year of college! If you could talk about internship opportunities, that would be amazing! I would be down to do a college intern vs full time employe day in the life collab in the future.
Absolutely love your channel! Glad I stumbled onto it - could you do more of an off topic subject such as how to consistently grow your channel? I just started a RUclips channel and think it would be super valuable! 😀
The content being created on this channel is worth more than a million subscribers. Keep posting and you’ll be there faster then expected. Good work. I can’t wait to get my degree and land a job so I can share my experience the same
She is ultra cool 😎 and pretty much oozes swagger I have a feeling she will have several high paying career opportunities as she gets older she’s still really young
In my opinion, MC >>>> IB Both get paid handsomely but MC’s actually have a life, work is a lot more exciting/interesting, and have more diverse exit opportunities
People quit consulting because the pay is garbage compared to what they charge the client. I remember looking at the contract and it was something like $250/hr for the client. You make like $50/hr? It just feels like you're being pimped. Consulting always has this kind of reputation since there's always fresh meat coming through the door. It feels empowering to be the ones to "fix" other people's problems, but in actuality it was plain exploitative. I went to work for a client afterwards, did the same work (actually much better hours), and had much better name recognition on my resume. For your 16 hours of work with that salary you're basically making 60k a year. If you include the time value of money, well, that's up to you. How much do you value your time spend making your company rich than doing fun stuff in the city. The math doesn't work. I now work 8 hour work day sharp. Some days, we have "casual days" and people just sign off.
I totally messed up with this video. I really like the Cracker Barrel shirt. But I already gave you a thumps up for the pink star fish from Finding Nemo earlier. Left me totally confused. On a serious note, really interesting and helpful information here. Thank you! :-)
Aside from high income, why do some people want to work that many hours per week when it doesn't really allow for any personal time on the weekdays and/or sundays?
A lot of people just like to "pay their dues" in their early 20s! Working in consulting, IB, PE, etc-- those jobs tend to have a fairly steep progression after only a couple years. But of course, there is a huge argument to be made for the other side of the coin as well 😊
For me personally, consulting strikes a pretty good balance in that I work fairly long hours during the week, but then have my weekends and Friday evenings off without fail
I never knew about a investment banking in college? California public schools are terrible. Investment Banking is what I have been looking for when I think executives. I am 50 years young unemployed in advertising photography from Academy Of Art College, San Francisco year 1990s.
Hi Taylor, very insightful video. I've got an interview with BCG coming up in a month. I am looking to coffee chat someone who has had consulting experience. I would appreciate any advice, and a quick informal interview if you have the time. Thank you.
How many people in NYC finance do love / are obsessed about the books of American Psycho, Gold Standard, Liar's Poker, Wolf of Wallstreet etc. etc.... I guess not many, or at least not many would tell you:)
Looking into taking a quant offer in NYC, so it's nice to see what a nice place requires in terms of salary, and how much take home I would have after rent.
Live in Tokyo Worked for international big consulting firm Annual income was 7 million Yen Now I am a freelance, similar work hours... annual income 14 mil... Such an underpaid job consultant is...
Love your videos so so much ❤️ I'm a high school students who's applying to business schools. I'm interested in finance/consulting but I'm also super passionate about fashion. Just wanted to ask what's the dress code for consulting/ IB, can you wear heels, make up , have piercings?
Aw thank you so much! For my current job, I pretty much just dress business casual when I go into the office. For my finance internships, somewhere in between business casual and business formal (sometimes business formal for important meetings) 😊
What about aviation do you like? Will having commercial experience in aviation help to venture into consulting? Do you think rapid growth in the 2 years of my work experience is “preferred” when applying to consulting?
Interesting video. Do you have to account for every 15 minutes during your day like some other jobs i've seen? I remember hearing from friends that they had to do timesheets and have a certain amaount of billable hours.
i am moving to New York by end of summer.. i am or have been in the banking and finance business since 1997. Specifically focusing on mortgage lending here in Texas. i am now license in New York and i would like to get some ideas and or recommendations to survive in New York. ?
Taylor I love your videos!! 🤩 my name is V and i think u r so smart & pretty 💕 i‘m sending you lots of love from germany. btw i send my application for huntsman 2 days ago, i‘m so scared, i would love to be accepted! how many peers did you have? do you think huntsman is better than just wharton? did it prepare u well for consulting? thank you xx
You are too sweet, thank you sooo much! 💜 And awww big congrats, I'll keep my fingers crossed for you! There were 45 of us in my Huntsman class. It's even more selective than Wharton on an acceptance rate basis, yes! Plus it's a super tight knit community and you get all the benefits of Wharton plus the international studies degree as well 😊 Best of luck and thank u again!!
I’ve worked in finance for 8 years now and this was probably one of the most helpful videos I found. It’s really rare to find someone this honest about their comp and work/life balance. You rock Taylor!
Consulting is a good opportunity to gain broad experience, maturity, and the money to then do your own thing after wards. Some consultants leave to pursue their passions afterwards, be it working at startups, fitness training, art, medicine, restaurant and are very successful
Wowzers. I can't imagine working 60-80 hrs a week. I work 37.5 hrs a week as a Systems Engineer and I wouldn't trade that for anything. Work-life balance, job contentment, and low stress matters to me more than a steep salary does. :)
@Jojo-yz4we bruh investment bankers work around 100 hours. Some others work more. Absolutely ridiculous. Not even a billion dollars would make me work 90 hours a week
As someone who has no interest in business or consulting, your videos are super interesting and informative! Your personality is honestly what keeps me coming back. Your apartment is a dream and it motivates me to work hard to get something like that in a few years. Keep working hard, your job seems hard!
You are so sweet Toni, thank you so much 💜 So happy you like the videos and feel motivated!! Best of luck in whatever you're up to 😊 Some more fun ones coming soon 🎉
Taylor, as partner at a large consulting firm, I have to tell you that your video is so well done - your candour, attitude, wit and positivity will take you places. And, PS: don’t rule out making partner :)
One of the best things about consulting is that as you rise through the ranks you actually gain more and more independence. A partner may check in with a director a couple of times a week, but for the most part the director is running the gig. You have no manager looking over your shoulder every moment of the day. In my experience if the client is happy, work is being delivered and is high quality, and the client is paying the bills, you can be a director and partners pretty much will leave you alone while they focus on selling work to new clients. Once you gain that independence/autonomy and have been in consulting for a long time, it is difficult or impossible to go work in corporate where you have to report to an office and direct manager every day. That is why many who are in for a long time end up becoming consulting lifers.
I hope to see you grow swiftly and become a staple in the business side of youtube. As an accounting major (previously business admin) I love exploring different aspects of business to understand how the train moves as a whole. Also I just love learning about different stuff so i find this to be educational thank you for adding value in a fun and entertaining way. looking forward to your growth on youtube
Agreed. I think we should be more open to what our salary is….I’m a pharmacist so I tell ppl if they ask. I only work 40 hrs tho… but in tons of hours to RUclips and other side hustles. Thanks for sharing taylor!
Hey Taylor. Your story is cool. As someone who is graduating next month and will be joining one of the Big 4 soon I can relate to most things which you were storytelling, especially about starting a consulting role post-COVID. You have also inspired me to start my own journey on RUclips. Keep up the good work! More positivity, more content.
Girlfriend I work at a brokerage firm an i cry everyday but the pay is so good I salute you for you being an consultant career. You’re apartment view is amazing by the way!
This is so interesting. Thank you! Also, I just found your channel yesterday but I'm so glad I did because I'm always happy to see RUclipsrs who have actual jobs. Find this so much more relatable. Thank you for speaking about your salary. I'm German but I'm always curious what people in other parts of the word - and especially in NYC - earn. So thank you! Great video!
I am from a non-English speaking country as was searching for some American blogger. I happened to found you and you motivated me to work in this field. Well hope for the best and thanks to your good sense of humor and diverse vocabulary, I'll come back again to watch you. Stay motivated and keep motivating bub.
Great video Taylor!! I love your new hair cut. I have smashed that like button once again!!! I would love to see a in depth video about investment banking. Such as, how to get involved and in general what classes in college are required to get involved. Anyways, like always great content, keep up the great production of videos!! :) #TeamTaylor
So you pretty much make less than $30/hr (14 hour days M-F) and have high cost of living with no work/life balance lol yea I’ll stick to software engineering working only 40 hours a week making $120k living in Florida and traveling a lot :)
I’ve worked in Walmart Supply Chain for 7 years, and I’m just beginning to to dabble in Project Management. I’m very interested in the presentation/PowerPoint side of what you do. I just stumbled on to your channel; the content is AWESOME! Keep up the great work!
Hey Taylor, Will here from Sunny South Africa! ☀I currently work in our Air Force as a Mechanical Engineer. I completed an MBA last year and I'm now prepping for a case interview with Oliver Wyman and also hoping to land more interviews with others. Love your content and your injection of humour. You're really helping me put this career shift into perspective. My biggest concern would probably whether I can still make time for gym/fitness during the week as it keeps me on my A-game. I will figure it out as I go along though. Thanks again!
Helllllo there! What an exciting journey, best of luck on your upcoming interview :) lots of my family was in the US Air Force so lots of respect! I hear ya on the gym, I put an actual block in my calendar for it to make sure I don’t let it slip away from me each day 😂 thank you for watching!!
Accidentally found your channel and I love it! As a business student planning to go into consulting, your videos are super helpful. Love the NYC vibes too 😊
I love the consulting world! Most firms create great opportunities for growth, as long as you have that conversation with your Director. Specifically for cyber security, base pay is on the high end. Negotiation is key and communication. Great video! Location: Northern VA
I was looking into it consulting at a major firm prior to accepting my current risk analyst role. Total compensation ended up being the same and my friend who took the consulting job works 60-80 hours a week. On the flip side, I work 40 hours. So, per hour he makes a fair bit less. I'd assume that's why there's a high turnover at a lot of consulting firms, hours don't match the pay. I can see your RUclips channel becoming your career in the future, your presentation skills are really good.
That is honestly very interesting as starting positions in Germany at the top management consultancies typically start at 65k, maybe 70k all in. Considering that we have much higher income tax, that is a joke compared to what other countries' graduates get in consulting.
This is a great overview of our industry Taylor! I manage a consulting firm, and I enjoy learning how other consultants forged their path in our dynamic industry. Looking forward to more videos about your journey!
Hey , Great work with this video. I can literally see how much effort you put to do this one. Keep giving such contents, it might be really helpful to many of us.👏🏻👏🏻👌🏻
Last week I didn’t know what management consulting was. Now I’m looking to join a firm here in Dubai. This video was among the most helpful I found on RUclips. P.S. I’m not just saying because you’re pretty. Hope you read this. Thank you for your time.
Thank you for sharing this and being so open with us. As to the salary part, I have to say that me as a management consultant with less than one year experience, almost like you, earn in Germany less than half of your salary per year. And that is even the number before taxes. As you know, here in Europe we have pretty high taxes...
Aww love u Lindsay, and look who's talking!! 💜 I've got your latest 2 vids all queued up... have been under a rock working on this vid for tooooo long hahaha
Well done Taylor. You cover your topics so thoroughly that finding any gaps is extremely difficult. I do have one question though. What are your thoughts on mentorship? Do you see any real value in it or is it just a natural extension of the career path you've chosen? Personally I think the concept of taking someone "under your wing" is all but gone. Personal insecurities plus the cut throat nature of our chosen fields have sadly made mentorships kind of go the way of the dinosaur. At least that's my opinion. Anyway on a lighter note the reason you dad probably sneezes so hard is so that he does blow out his chest cavity! I tried one of those " silent" sneezes once and I felt like broke a rib!! I swore I'd never do that again.😂😂😂
Thanks so much Lou, appreciate that! Hmm interesting, I have a few different mentors at work (everyone is assigned a career advisor) and he has been super valuable and awesome to get to know. I don't have 1 person per-se that's taken me under their wing since I'm on new projects with new people every few months! Ahaha that makes sense then. Both of my parents have some of the loudest sneezes 😂 Gotta love 'em though
Great video. After only 1 year at the job you obviously have your head around the industry. And well done for no work on the weekends! Your firm seems fairly relaxed when compared to most big firms which is nice to hear. I'm still enjoying it after 30 years, though the last 25 has been running my own firm. That's kinda cool as I get to do what I want!
What's your thoughts on foreign students and their chances at a job in consulting? With them not having a degree from an Ivy League American school, is it still possible to land jobs like yours? I'm about to start my MSc in Business in Norway, and the topic of students without a US degree is something we dont hear a lot about! I am enjoying your videoes!
i've watched many videos before, but your video was extra special. Clear, concise, to the point, and brutally honest! Thanks for this! You have gained another sub! I'm not sure if you're allowed to disclose this, but what company do you work for?
Hey Taylor!! I was wondering if you wanna get into consulting, what should u consider when u applying to college? Like location, major, Eva etc. THANK YOU!! I’m a high school senior now haha and consulting sounds interesting to me :p
Hi Connie! I would make sure that the college has majors/concentrations that you're most interested in 😊 Whether its business or something totally different! E.g., I knew I wanted to study business so I applied to more schools with undergrad business schools 😊
Great video. Work/life balance is important. I'm 50 now, been doing accounting for years and most important is to not be stressed + get a good nights sleep + being able to enjoy your time off while not thinking about work. I am blessed to have all that now with a lesser role but I also get to keep my nice salary.
![Tee Grizzley - Blow for Blow (feat. J. Cole) [Official Video]](http://i.ytimg.com/vi/wNLN5xsx5dc/mqdefault.jpg)
Lmk any other questions.. I answer [almost] ALL comments!!! 🤠 Hope you guys like the starfish from Nemo (Peach) as much as I do 🍑
Taylor Bell?..... Taco Bell
@@jessebatres6895 I knew I made it on RUclips when the search result no longer showed “did you mean “Taco Bell”?”
I liked the starfish from Nemo.
@@TaylorBell Okay easy there "Bell Grande" lol
How are the quality of your videos so good if you’re using an iPhone? Do you use 4K/60fps or? My videos don’t look that clear 😅😅
They way you talk and carry yourself is very impressive. Keep pumping out content
Aw thank you so much Eric, I appreciate that!! More to come soon 😊
I second this. You’re very well spoken Taylor, and I can tell you are excellent at whatever you undertake
@@nicoleashley90s you’re too sweet! 🥺 thank you so much💕
@Brian Chen that makes me soooo happy 🥺 thank you thank youuu
I am crushing on you heavily phew
Thank you so much for this video, Taylor!!! I’m planning on having a career change into consulting and applying for my MBA degree in consulting. This video has definitely helped me be more inspired into wanting to work in consulting and it for sure gave me a great understanding of what life as a consultant will be! Thanks so much!!
This is such a great video!! Thank you for answering my question and everyone else’s. All your videos have been so insightful and just keep pushing me towards consulting!
Thank you so much, and of course!! Thank u for submitting :) more like this to come soon 🎉
congratulations for everything! for sure its not taboo to talk about your salary because you work for that and also studied and tried so much! hope you accomplish many many more!!!
Aw thank you so much!! And I agree, I love when others talk about it openly as well. Thank you!
Very interesting. Coming from a healthcare background - mental health to be specific - this bring a particular interest to me because, to put it simply, I know nothing about it. What I do love are things such as problem solving, understanding consumer psychology, and money. Would love to know more.
I consult to architects and other various customers in construction/design field. Early in my career 65-70 hrs was norm. 10 years later, flex schedule but can bump to 50-60 hours when needed, some sundays mixed in for a couple which I actually enjoy. 401k match, over six figs, performance based bonuses. Other companies offer company vehicle with gas card, and Corporate credit card but I get to expense my meetings so I collect travel miles as an added perk/incentive. Still no gas though .
Did you do an MBA? Can you consult without it if you have a civil engineer8ng degree?
Also: would love to know more about the salary breakdown for consultation and the differences with the other positions you mentioned…
Sounds good!! Will make a vid on this 😊
@@TaylorBell awesome. Looking forward to seeing it
Your videos always make me so optimistic! You’re crushing it girl can’t wait for the next one!✌🏼
That makes me so happy!! Thank u so much 💕😊
I loved this! I work as a consultant for a small consultancy (70 people) in Germany. Some experiences are similar but some are completely different :)
Thank you so much! :) Ahh very cool, I'm curious to know what the main similarities and differences are. Also.. hoping to visit Germany again in the nearish future 😊
I think this answered all the doubts about consulting and how it works waiting for next video …. Nice content and the voice of urs made even more watchable 😊
So glad to hear that! And ahah thanks so much 😊 more coming soon
Really nice quality video Taylor! I hope the new year is treating you well and I am looking forward to all your content in the new year! New haircut looks great!
Thanks so much Nathan, I appreciate it! 😊💇🏻♀️ hope you had a lovely new year 🥂
WHERE HAVE YOU BEEN ALL MY LIFE!! This is the exact eye opening video i needed! love this!
Really enjoy your videos about UPenn. As a person that really enjoys making slideshows for school projects & teaching novice debaters, I really appreciate how informative and organized your videos are (graphics are a MUST in videos in my opinion). But most of all, I really love your energy!!! I’ve always been a very shy person since my childhood, which means that I get really nervous when I’m in front of a camera or standing in front of a classroom - I’ve learned to keep myself composed, but I’m not an exciting person by any means … that’s something to work on though. Anyway, your journey really inspires me (I’m a high school junior fyi) and much love from Chicago!!!
Aw such a sweet comment, thank you so much!! Just takes time and practice (i was a LOT more still in my first Yt videos), you got this 😊
No idea why RUclips shows me your channel. Enjoyed it so far. Keep it up. As a Senior Consultant I see potential, motivation and skills. Go for it. All the best. ;-)
Woohoo!! Happy to hear. Thank you😊
Video was so helpful, looking into breaking into consulting!
This was so well done! So many people will greatly benefit from this video 🙂
Thank you so much!! 🥹
Taylor, you are super genuine, intelligent, and very impressive! Keep it up girl; you’re going places😀
……and you are such an inspiration 🎉
You should definitely double click on aviation industry. I worked on a number of aviation/aerospace projects with a lot of ex-MCs. I’m a propulsion engineer, so the collaboration was exciting and super productive!
I am so grateful I found your yt channel. I am currently in the third year of my studies, which is consulting. English is not my first language but fluent speaking is obviously expected in this job in my country so now I can improve it while watching nice videos! ❤ I also love NYC and vibe of this city so I'm really excited for next videos 😇
This makes me so happy!! Thank you so much for watching, and can't wait to see you in the next ones 😊 Best of luck on your studies!! 💜
Most comprehensive!! Hope you can continue the videos as time allows, I enjoy them. Also the camera seems to love you.
Thank you so much!! Of course, More to come very soon 😊
Nice use of office's memes. I love it. Pretty straightforward video. 👏
Thank you so much hehe any excuse to throw in Office content 😊
Since it helps, you got my like. Very good work Taylor keep it up!!!! PS: you should put a frame from finding Dori specially the octopus :)
Aw Thank you so much!! Appreciate it! Aw I’m not as well versed in finding Dory, but we shall see 😎😂
Great video btw! Looking forward to apply to consultant internships during my sophomore year of college! If you could talk about internship opportunities, that would be amazing! I would be down to do a college intern vs full time employe day in the life collab in the future.
Love this content, love the transparency, looking forward to more vids on your life!
Absolutely love your channel! Glad I stumbled onto it - could you do more of an off topic subject such as how to consistently grow your channel? I just started a RUclips channel and think it would be super valuable! 😀
Aw thank you so much!! Yes absolutely, definitely will have some more RUclips related vids soon 😊
@@TaylorBell awesome , looking forward to it!
Very insightful indeed. Would appreciate a video or related content on how to prepare for consulting jobs coming from a tech background. Thanks!
Thank you so much!! will cover more topics like that soon 😊
The content being created on this channel is worth more than a million subscribers. Keep posting and you’ll be there faster then expected. Good work. I can’t wait to get my degree and land a job so I can share my experience the same
I appreciate it so much!! Thank you 😊
Thank you Taylor. I’m a decade older than you and I gained a lot of value. I’m changing careers and your videos are helpful and inspiring. 💖
Aw thank you for watching!! That makes me so happy!😊
Talking about salary is how we can prevent ourselves from getting taken advantage of by the employer.
She is ultra cool 😎 and pretty much oozes swagger I have a feeling she will have several high paying career opportunities as she gets older she’s still really young
Never heard it called U Misch before. As someone who went to the University of Minnesota I get annoyed by people who call it U of M. That's our name!
I would love a video on salary structures for consulting and your package if you are willing to share. Thank you for this video!
Awesome! Yup happy to share, I can def break it down more 😊 Thank you for watching!
@@TaylorBell thank you! You’re videos are inspirational!
Nice video. I feel like there's a missed opportunity when you said hit the Bell notification lol
Thank you!! Ahah I’ll have to find a way to incorporate that next time 😂
Really interested in the breakdown of your salary and other income streams
Awesome!! Making a vid on this soon
Awesome content...natural in the camera. Banking / Media future!
Thanks so much!!
In my opinion, MC >>>> IB
Both get paid handsomely but MC’s actually have a life, work is a lot more exciting/interesting, and have more diverse exit opportunities
People quit consulting because the pay is garbage compared to what they charge the client. I remember looking at the contract and it was something like $250/hr for the client. You make like $50/hr? It just feels like you're being pimped. Consulting always has this kind of reputation since there's always fresh meat coming through the door. It feels empowering to be the ones to "fix" other people's problems, but in actuality it was plain exploitative.
I went to work for a client afterwards, did the same work (actually much better hours), and had much better name recognition on my resume. For your 16 hours of work with that salary you're basically making 60k a year. If you include the time value of money, well, that's up to you. How much do you value your time spend making your company rich than doing fun stuff in the city.
The math doesn't work.
I now work 8 hour work day sharp. Some days, we have "casual days" and people just sign off.
you're so well spoken it's cool
Aw thank you!!
Your Exit Strategy is talking about it on RUclips and earn even more from it, well done 👌🏻
But how was your internship at Blackstone ?
You are a great daughter and a great Girl. Very intelligent lady!!!
I totally messed up with this video. I really like the Cracker Barrel shirt. But I already gave you a thumps up for the pink star fish from Finding Nemo earlier. Left me totally confused.
On a serious note, really interesting and helpful information here. Thank you! :-)
Can you please make a video on how to/what are your other ways/source of income to sustain in a city like NY
Aside from high income, why do some people want to work that many hours per week when it doesn't really allow for any personal time on the weekdays and/or sundays?
A lot of people just like to "pay their dues" in their early 20s! Working in consulting, IB, PE, etc-- those jobs tend to have a fairly steep progression after only a couple years. But of course, there is a huge argument to be made for the other side of the coin as well 😊
For me personally, consulting strikes a pretty good balance in that I work fairly long hours during the week, but then have my weekends and Friday evenings off without fail
bloopers >
Heheh thank ya 🤪
I never knew about a investment banking in college? California public schools are terrible. Investment Banking is what I have been looking for when I think executives. I am 50 years young unemployed in advertising photography from Academy Of Art College, San Francisco year 1990s.
It’s a good opportunity but definitely long hours!
Amazing content, many thanks!
Thank you for watching! 😊
I hope one day to go to New York
Hi Taylor, very insightful video. I've got an interview with BCG coming up in a month. I am looking to coffee chat someone who has had consulting experience. I would appreciate any advice, and a quick informal interview if you have the time. Thank you.
How many people in NYC finance do love / are obsessed about the books of American Psycho, Gold Standard, Liar's Poker, Wolf of Wallstreet etc. etc.... I guess not many, or at least not many would tell you:)
Hahah good question! I actually haven't met many people like the type you're describing.. but I'm sure there are plenty out there 😂
Looking into taking a quant offer in NYC, so it's nice to see what a nice place requires in terms of salary, and how much take home I would have after rent.
Live in Tokyo
Worked for international big consulting firm
Annual income was 7 million Yen
Now I am a freelance, similar work hours... annual income 14 mil...
Such an underpaid job consultant is...
Love the use of The Office characters haha
Ahah thaaank you
Great video!
Thanks girl! 😊
I think im in love those eyes!!!!
Love your videos so so much ❤️ I'm a high school students who's applying to business schools. I'm interested in finance/consulting but I'm also super passionate about fashion. Just wanted to ask what's the dress code for consulting/ IB, can you wear heels, make up , have piercings?
Aw thank you so much! For my current job, I pretty much just dress business casual when I go into the office. For my finance internships, somewhere in between business casual and business formal (sometimes business formal for important meetings) 😊
What about aviation do you like? Will having commercial experience in aviation help to venture into consulting? Do you think rapid growth in the 2 years of my work experience is “preferred” when applying to consulting?
Interesting video. Do you have to account for every 15 minutes during your day like some other jobs i've seen? I remember hearing from friends that they had to do timesheets and have a certain amaount of billable hours.
I work in tax consulting and the entry level pay is so much lower than that. Do you mind sharing what kind of consulting do you do?
Have you taken the COVID booster shot?
Yes
@@TaylorBell Which vaccine did you take?
You’re the RUclips Finance doll
i am moving to New York by end of summer.. i am or have been in the banking and finance business since 1997. Specifically focusing on mortgage lending here in Texas. i am now license in New York and i would like to get some ideas and or recommendations to survive in New York. ?
Do you think getting a license help to get a job in the US as a foreigner? (CPA/CFA) Do many companies support working visas?
Taylor I love your videos!! 🤩 my name is V and i think u r so smart & pretty 💕 i‘m sending you lots of love from germany. btw i send my application for huntsman 2 days ago, i‘m so scared, i would love to be accepted! how many peers did you have? do you think huntsman is better than just wharton? did it prepare u well for consulting? thank you xx
You are too sweet, thank you sooo much! 💜 And awww big congrats, I'll keep my fingers crossed for you! There were 45 of us in my Huntsman class. It's even more selective than Wharton on an acceptance rate basis, yes! Plus it's a super tight knit community and you get all the benefits of Wharton plus the international studies degree as well 😊 Best of luck and thank u again!!
@@TaylorBell thank you! 🥰
I’ve worked in finance for 8 years now and this was probably one of the most helpful videos I found. It’s really rare to find someone this honest about their comp and work/life balance. You rock Taylor!
That means so much to me, thank you so much!! So happy you liked it 🎉
Agreed.
Consulting is a good opportunity to gain broad experience, maturity, and the money to then do your own thing after wards. Some consultants leave to pursue their passions afterwards, be it working at startups, fitness training, art, medicine, restaurant and are very successful
Definitely! 😊
Wowzers. I can't imagine working 60-80 hrs a week. I work 37.5 hrs a week as a Systems Engineer and I wouldn't trade that for anything. Work-life balance, job contentment, and low stress matters to me more than a steep salary does. :)
What’s the salary like?
See where youre coming from. In sweden a work week is typically 40 hours. Working 80, is that even possible?
@Jojo-yz4we bruh investment bankers work around 100 hours. Some others work more. Absolutely ridiculous. Not even a billion dollars would make me work 90 hours a week
As someone who has no interest in business or consulting, your videos are super interesting and informative! Your personality is honestly what keeps me coming back. Your apartment is a dream and it motivates me to work hard to get something like that in a few years. Keep working hard, your job seems hard!
You are so sweet Toni, thank you so much 💜 So happy you like the videos and feel motivated!! Best of luck in whatever you're up to 😊 Some more fun ones coming soon 🎉
Taylor, as partner at a large consulting firm, I have to tell you that your video is so well done - your candour, attitude, wit and positivity will take you places. And, PS: don’t rule out making partner :)
From one consultant to another, totally agree with your answers :) thanks for shedding light on this industry for others!!
Glad to hear that!! Ofc, thank you for watching!😊
One of the best things about consulting is that as you rise through the ranks you actually gain more and more independence. A partner may check in with a director a couple of times a week, but for the most part the director is running the gig. You have no manager looking over your shoulder every moment of the day. In my experience if the client is happy, work is being delivered and is high quality, and the client is paying the bills, you can be a director and partners pretty much will leave you alone while they focus on selling work to new clients. Once you gain that independence/autonomy and have been in consulting for a long time, it is difficult or impossible to go work in corporate where you have to report to an office and direct manager every day. That is why many who are in for a long time end up becoming consulting lifers.
I hope to see you grow swiftly and become a staple in the business side of youtube. As an accounting major (previously business admin) I love exploring different aspects of business to understand how the train moves as a whole. Also I just love learning about different stuff so i find this to be educational thank you for adding value in a fun and entertaining way. looking forward to your growth on youtube
So nice of you, thank you so much! Happy to hear you found some value in it 😊 and thank youuu
Agreed. I think we should be more open to what our salary is….I’m a pharmacist so I tell ppl if they ask. I only work 40 hrs tho… but in tons of hours to RUclips and other side hustles. Thanks for sharing taylor!
Hey Taylor. Your story is cool. As someone who is graduating next month and will be joining one of the Big 4 soon I can relate to most things which you were storytelling, especially about starting a consulting role post-COVID. You have also inspired me to start my own journey on RUclips. Keep up the good work! More positivity, more content.
Your content is like Emma Chamberlain but for finance and I love it. The editing is perfect too. Keep up the good work!
Omg thank you! what a compliment ahah love her. Thanks so much 😊🥂
Girlfriend I work at a brokerage firm an i cry everyday but the pay is so good I salute you for you being an consultant career. You’re apartment view is amazing by the way!
Ahaha I know how it goes girl!! But you got this 😊 And aw thanks so much hehe
This is so interesting. Thank you! Also, I just found your channel yesterday but I'm so glad I did because I'm always happy to see RUclipsrs who have actual jobs. Find this so much more relatable. Thank you for speaking about your salary. I'm German but I'm always curious what people in other parts of the word - and especially in NYC - earn. So thank you! Great video!
I am from a non-English speaking country as was searching for some American blogger. I happened to found you and you motivated me to work in this field. Well hope for the best and thanks to your good sense of humor and diverse vocabulary, I'll come back again to watch you. Stay motivated and keep motivating bub.
Great video Taylor!! I love your new hair cut. I have smashed that like button once again!!! I would love to see a in depth video about investment banking. Such as, how to get involved and in general what classes in college are required to get involved. Anyways, like always great content, keep up the great production of videos!! :)
#TeamTaylor
Aw thanks so much Daniel!! Perfect, I'll make sure to talk about it again in another video. And I'm a big fan of your hashtag!! 😊
My dad has been in consulting at a top 4 company for 20 years. Can definitely agree with the long hours and traveling pre-pandemic!
So you pretty much make less than $30/hr (14 hour days M-F) and have high cost of living with no work/life balance lol yea I’ll stick to software engineering working only 40 hours a week making $120k living in Florida and traveling a lot :)
@c3 yea but what industry isn't lol
I’ve worked in Walmart Supply Chain for 7 years, and I’m just beginning to to dabble in Project Management. I’m very interested in the presentation/PowerPoint side of what you do. I just stumbled on to your channel; the content is AWESOME! Keep up the great work!
That’s awesome!! And Thank you so much, I’ll dive into that deeper in future videos 😊
I work in walmart management. If you don't mind me asking how do you like that side of the business?
Hey Taylor, Will here from Sunny South Africa! ☀I currently work in our Air Force as a Mechanical Engineer. I completed an MBA last year and I'm now prepping for a case interview with Oliver Wyman and also hoping to land more interviews with others. Love your content and your injection of humour. You're really helping me put this career shift into perspective. My biggest concern would probably whether I can still make time for gym/fitness during the week as it keeps me on my A-game. I will figure it out as I go along though. Thanks again!
Helllllo there! What an exciting journey, best of luck on your upcoming interview :) lots of my family was in the US Air Force so lots of respect! I hear ya on the gym, I put an actual block in my calendar for it to make sure I don’t let it slip away from me each day 😂 thank you for watching!!
Accidentally found your channel and I love it! As a business student planning to go into consulting, your videos are super helpful. Love the NYC vibes too 😊
I love the consulting world! Most firms create great opportunities for growth, as long as you have that conversation with your Director. Specifically for cyber security, base pay is on the high end. Negotiation is key and communication. Great video! Location: Northern VA
Most definitely!! Thanks for watching 😊😊
I was looking into it consulting at a major firm prior to accepting my current risk analyst role. Total compensation ended up being the same and my friend who took the consulting job works 60-80 hours a week. On the flip side, I work 40 hours. So, per hour he makes a fair bit less. I'd assume that's why there's a high turnover at a lot of consulting firms, hours don't match the pay. I can see your RUclips channel becoming your career in the future, your presentation skills are really good.
Thank you so much!! Yep lifestyle change is definitely a key reason for turnover as well!
That is honestly very interesting as starting positions in Germany at the top management consultancies typically start at 65k, maybe 70k all in. Considering that we have much higher income tax, that is a joke compared to what other countries' graduates get in consulting.
This is a great overview of our industry Taylor! I manage a consulting firm, and I enjoy learning how other consultants forged their path in our dynamic industry. Looking forward to more videos about your journey!
Hey , Great work with this video. I can literally see how much effort you put to do this one. Keep giving such contents, it might be really helpful to many of us.👏🏻👏🏻👌🏻
Thank you so much :') I appreciate that!! It most def did take a lot of time ahah more to come very soon 😊
Last week I didn’t know what management consulting was. Now I’m looking to join a firm here in Dubai. This video was among the most helpful I found on RUclips. P.S. I’m not just saying because you’re pretty. Hope you read this. Thank you for your time.
Thank you for sharing this and being so open with us. As to the salary part, I have to say that me as a management consultant with less than one year experience, almost like you, earn in Germany less than half of your salary per year. And that is even the number before taxes. As you know, here in Europe we have pretty high taxes...
Consultant or not, I am here for Taylor ❤❤❤ Also, all your videos are amazing. Okay, watchinggggg....now!
Aww love u Lindsay, and look who's talking!! 💜 I've got your latest 2 vids all queued up... have been under a rock working on this vid for tooooo long hahaha
@@TaylorBell I don’t blame you! I’m sure this took so much time to edit! Dedication to the YT! 😝
I watched the first 5 minutes, and I am now devoted to go into consulting. Gracias
Great video Taylor! Love the transparency, im in investment banking so I feel your pain about the long hours.
Thank you Alex!! Ahah yuup I believe it
Well done Taylor. You cover your topics so thoroughly that finding any gaps is extremely difficult. I do have one question though. What are your thoughts on mentorship? Do you see any real value in it or is it just a natural extension of the career path you've chosen? Personally I think the concept of taking someone "under your wing" is all but gone. Personal insecurities plus the cut throat nature of our chosen fields have sadly made mentorships kind of go the way of the dinosaur. At least that's my opinion.
Anyway on a lighter note the reason you dad probably sneezes so hard is so that he does blow out his chest cavity! I tried one of those " silent" sneezes once and I felt like broke a rib!! I swore I'd never do that again.😂😂😂
Thanks so much Lou, appreciate that! Hmm interesting, I have a few different mentors at work (everyone is assigned a career advisor) and he has been super valuable and awesome to get to know. I don't have 1 person per-se that's taken me under their wing since I'm on new projects with new people every few months!
Ahaha that makes sense then. Both of my parents have some of the loudest sneezes 😂 Gotta love 'em though
Great video. After only 1 year at the job you obviously have your head around the industry. And well done for no work on the weekends! Your firm seems fairly relaxed when compared to most big firms which is nice to hear. I'm still enjoying it after 30 years, though the last 25 has been running my own firm. That's kinda cool as I get to do what I want!
What's your thoughts on foreign students and their chances at a job in consulting? With them not having a degree from an Ivy League American school, is it still possible to land jobs like yours? I'm about to start my MSc in Business in Norway, and the topic of students without a US degree is something we dont hear a lot about! I am enjoying your videoes!
Just go to another target school in Europe. Maybe SSE, HEC Paris or HSG
i've watched many videos before, but your video was extra special. Clear, concise, to the point, and brutally honest! Thanks for this! You have gained another sub! I'm not sure if you're allowed to disclose this, but what company do you work for?
Aww thank you so much!! I appreciate that 😊
Hey Taylor!! I was wondering if you wanna get into consulting, what should u consider when u applying to college? Like location, major, Eva etc. THANK YOU!! I’m a high school senior now haha and consulting sounds interesting to me :p
Hi Connie! I would make sure that the college has majors/concentrations that you're most interested in 😊 Whether its business or something totally different! E.g., I knew I wanted to study business so I applied to more schools with undergrad business schools 😊
@@TaylorBell tyty!!
Great video. Work/life balance is important. I'm 50 now, been doing accounting for years and most important is to not be stressed + get a good nights sleep + being able to enjoy your time off while not thinking about work. I am blessed to have all that now with a lesser role but I also get to keep my nice salary.