Why people QUIT working at McKinsey, BCG, Bain?

Рет қаралды 137,480

2 жыл бұрын

Why do consultants quit working at McKinsey, BCG, Bain? While working in consulting can be a very rewarding experience, it is no secret that many consultants after some time decide to leave. A typical day in the life of a consultant can be exhausting. In this video Heinrich, a former McKinsey consultant, shares the most relevant reasons why people decide to quit a consulting career.
#consulting #shorts #career
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Пікірлер: 68

@sitrakaforler8696 2 жыл бұрын

The hardest part is to get in and not getting fired🤣

@vrvrvr81 2 жыл бұрын

Getting in yes, it's competitive. However, once you are in, you usually won't get fired. You will realized the place is no longer for you and you will leave or you will simpli get better opportunity.

@vrvrvr81 2 жыл бұрын

Btw. from my experience, it's usually not the clients that push you hard, it's usually the pressure we put on ourselves. It's never the client saying at 6 PM "tomorrow morning I expect 100 pages deck on my table" ;)

@sbtopjosh4098 27 күн бұрын

I haven't seen you in a while thrn suddenly you appeared on my KZfaq Shorts. Was pleasantly surprised.

@FirmLearning 27 күн бұрын

🙌 still here for sure :) thanks for following for a long time!!

@redfullmoon Жыл бұрын

this accent feels like I also got invited to have bier und wurst while talking shop. i hate consulting so much lol.

@manamejeff8937 10 ай бұрын

“Conzaldens” 😂

@symphantic4552 13 күн бұрын

fair point... but I' love to hear you nail the pronunciation of "Freiberufliche Unternehmensberater", or even just "Berater". 😘

@kastellan1324 2 жыл бұрын

Seems reasonable, I get tired of excel pretty fast!

@FirmLearning 2 жыл бұрын

Can see where you are coming from ;)

@dekippiesip 9 ай бұрын

Sounds like they need to up their IT game seriously. How can such a prestigious company still rely on so much manual work?

@user-pw9nx2oc4n Жыл бұрын

Seeing his right hand movement, I almost thought he was dancing LoL

@sv-bd5em 2 жыл бұрын

That's a very good point! The only Big 4 I'd consider is Deloitte althought it doesn't have the MBB reputation but I do know they work on implementation a lot as well as the theory so it would help to an extent with exit opportunities.

@rudolphdandelion6840 Жыл бұрын

But they pay miserably low for the works done.

@prashantchauhan1440 Жыл бұрын

and long hours, what do you think about that?

@alexd4566 11 ай бұрын

⁠@@rudolphdandelion6840Old comment but as someone who just recently got an offer from Deloitte, I wholeheartedly agree. I actually had to hold in my laughter when I heard they offered me €500/MONTH below market price. It’s insultingly low for the amount of hours you’re expected to work.

@lucastononrodrigues1069 2 жыл бұрын

I left MBB general consulting track because the salary was miserable when comparing to other opportunities in a developing country such as Brazil. Growth tech and startups would pay more for 9-5 jobs and even having a faster career path (at least for the first 5-7 years). IB would pay 3x+ consulting salary for a very similar amount of working hours. Then I left for another MBB in Europe to work as a Data Scientist, where the salary gap to IB and Growth tech is not that big

@ryanchand1815 11 ай бұрын

Skipped corruption

@shastasilverchairsg 2 жыл бұрын

So what are the typical exits from consulting? Especially if one has been in a senior role for a long time and lack specific hands-on industry experience.

@FirmLearning 2 жыл бұрын

Depends on the role you are leaving from. IMHO the sweet spot is early project lead.

@sventhiemann9561 2 жыл бұрын

I left after 5 years and own now my own projects by half the hours with the same salary

@endgamefond 6 ай бұрын

do consultant these days learn about mechine learning? I am wondering if yhe curiculum has changed

@nikhilpachauri5761 2 жыл бұрын

I think those reasons are applicable for any industry where one has to face clients or senior management

@FirmLearning 2 жыл бұрын

Agree! Similar reasons definitely hold true in other industries as well.

@swithin5804 2 ай бұрын

Any undergrads with tier 2 buisness school get into McKinsey

@rhynojosh Жыл бұрын

I bet he pronounces Weimar correctly with a “V” though 😂

@joaocasimiro34 2 жыл бұрын

Hi! Does anyone know if MBB have limits of applications per year? Could I apply for McKinsey in 20 different countries in the same year? Thank you in advance

@bluebookhard1576 Жыл бұрын

Don’t do that.

@agushermanto1038 Ай бұрын

so hard to find job

@Meeksshallinherit 4 күн бұрын

I recommend working in boutique consulting firms which focus on specific areas

@shuaibbandeally Жыл бұрын

Thanks...I like to solve problems and I was interested in consulting...but after watching this video I am no longer interested as I like both theory + practical..I like work life balance .. So consulting isn't for me...Are there any other career options similar to consultancy but without these drawbacks?

@timmagaling Жыл бұрын

Best is to create your own business and solve your own cases :))

@FirmLearning Жыл бұрын

Definitely lots of opportunities. Currently working in Software / SaaS, lots of exciting positions in this industry as well! Best, Heinrich

@dogguy8603 Жыл бұрын

I mean, it depends, do you want to help solve problems for authoritarian states?

@4thdealers 3 ай бұрын

sweet cartier, man

@mennatullahabdallah5819 Жыл бұрын

Does the same happen to data scientists at Mckinsey? Do they suffer long working hours?

@FirmLearning Жыл бұрын

Depends on the team, overall likely a bit better. Best, H

@Paybackficker 2 жыл бұрын

great cartier santos bro

@traj250 Жыл бұрын

Saw that 👀 been a grail fr

@linglee8632 2 жыл бұрын

As there are faster ways of making millions. 2-3 years is enough

@CursedSFMS 2 жыл бұрын

we need the thermal drill

@ConsultingHumor 2 жыл бұрын

Do meme review w me

@FirmLearning 2 жыл бұрын

Let's do it! :)

@PathosConsultingGroup 2 ай бұрын

this accent was so thick it took me the first 5 seconds of the video to even process the idea that this was in English

@bo-yc1vd 8 ай бұрын

*or more likely because they soon realize they are working for actual criminals and don't want to be involved into their shit*

@xyz-pg3zd 3 ай бұрын

What do you mean

@170skeith 2 ай бұрын

This right here

@xyz-pg3zd 2 ай бұрын

@@170skeith why do you agree?

@xyz-pg3zd 2 ай бұрын

@@170skeith how are they criminals etc

@Kam27892 2 жыл бұрын

Would love to fill the gap

@moritzvonlicht2322 2 жыл бұрын

Und man hat keine Business Verantwortung. Man merkt einfach, dass das richtige Business in der Industrie gemacht wird. Sag ja schon der Name, man berät halt nur

@benverpoort131 2 ай бұрын

GeT To tHe ChOPpaaA

@FirmLearning 2 ай бұрын

♥

@michaelgyan7174 Жыл бұрын

oi go back 🙃

@B-Man-69 Жыл бұрын

**ahem* ahem State capture by Bain *ahem* ahem*

@ssecinfo 8 ай бұрын

Muh se pan nikal

@yuvraj9797 9 ай бұрын

heinrich Himmler !!!!!!!

@symphantic4552 13 күн бұрын

Donald Trump

@motogp1181 Жыл бұрын

At what point they put you on a PIP?

@FirmLearning Жыл бұрын

no fixed rule here, also depends on your historic performance and network of supporters. Though after 2 consecutive bad projects it might become a challenge.