It's not quite that simple. Actually, we made a video about Steve Jobs' take on consulting: kzfaq.info/get/bejne/jJN_Zalo0L66Yo0.html

That's an interesting question. We would say the rule of thumb is: The more individualized and context-specific the project is, the less likely you'll see AI. That's why we would say in order of most to least affected: CDD > Strategy > Operations/Optimization. The reasoning is that a CDD (commercial due diligence) often follows a similar structure and a similar playbook. You need to gather a lot of information about an asset and about a market. And if your AI is plugged into the right, high-quality data sources, you could relatively easily create certain market overviews, with growth rates, price changes, or market share developments. DDs are usually some of the most stressful projects with a lot of material to be produced, but part of it could be semi-automated. So, it could be an interesting proposition (even though it still needs a lot of human intelligence, reasoning, and contextualization). A strategy project is extremely company-specific. You could establish some market overviews with AI. But to lead the discussions on where the company should be headed is way beyond the AI. Lastly, operations projects. There are some types of optimizations where AI could be very useful (e.g., e-commerce, or logistics). But in others, where you really need to get your hands dirty, observe processes, and interview employees, it's much more difficult. That's extremely hands-on, and extremely context-specific - and therefore, not really AI territory. But definitely a question to think about!

@CaseInterviewHub that's a very interesting point. BTW I just asked chat gpt the same question, and it answered strategy > cdd > operation

Usually they would go into additional information, or extracurriculars (e.g., Google certificate on machine learning) If they are absolutely essential to the role, or quite significant (a 12 week intensive online course from Harvard) then you could put it into the education section as well. A rule of thumb: The more important it is in your overall application story, the more prominently it should be positioned. And if you have done 20 courses on Udemy which are all not relevant, you don't need to mention them at all.

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

How can I reach this person?

Marisa Michelle Litwinsky’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

The exit you describe is very unusual, an exit to a corporate is much more common

What will change in your opinion? If you are more interested in the topic, we have a dedicated video on what AI tools McKinsey uses: kzfaq.info/get/bejne/gdWBktaas7Oyk58.htmlsi=tNhJ7AaPUb_eb8a6

As you are probably aware, money is not everything. And if you come from an environment where you were working with highly motivated colleagues on high-impact projects for senior clients, the shift to a corporate can be frustrating. And even your great salary won't make up for spending 40-60 hrs per week on projects that don't really matter with colleagues who don't really care. And this is...the harsh reality ;)

You're 100% right. We are coming from the strategy consulting point of view and the salary there is just a lot higher than at the Big4. So the move to a corporate usually doesn't come with a hugh increase in salary (usually it's actually accepting a slightly lower salary as a trade off for a much better lifestyle)

You're right - we are more focusing on strategy consultants. As you are pointing out, for Big 4 consultants, the move to a corporate often comes with an increase in pay (for strategy consultants usually not so much given the already higher salary baseline). We also know of colleagues who really have shifted the mindset of the company they joined. But we know way more examples that made the move to a large, slowly moving, and highly political corporate. Nonetheless, to your point, there are many attractive positions at corporates where you can really progress and have an impact.

We 100% agree that in an ideal world, the picture would look different. The reality though is that >90% of assistants at the leading consluting firms are women and that the vast majority of IT Support is offshored/nearshored to Asia (with the exception of hubs in Central America/South America and Eastern Europe). We are not trying to feed the traditional stereotypes here but unfortunately, this is just the reality.

Why dont I see a thousand likes on this comment yet?

corporate truly sucks your soul though... I'm someone that exited from CPA firm into private equity and now corporate. I've never felt so dehumanizing before when I was in firm and private equity.

Glad you appreciate our sense of humor ;)

Your point is totally valid. I think we’re just comparing different things here. An engineer and a strategy consultant have completely different roles - and both can have a big impact (in their own way). In the video we’re not talking about engineers but rather about strategy consultants and their typical experience when switching to a corporate. Those guys don’t switch over to a corporate to become engineers. They aren’t hired to develop software or design wind farm generators. They usually work in the strategy department, in business development, in project management, or something along those lines. And the work will simply feel different than consulting.

Yeah, the lifestyle is definitely crazy. But there would also be no other way to justify the high salaries for fresh graduates. If you are more intersted in the work life balance, feel free to check out our video on that topic (kzfaq.info/get/bejne/mapdpryKt7umZX0.html) And the high stress environment is also the reason why most consultants leave after ~2 years

Thank you for the great video idea! We already have a video about exit opportunities where we briefly touch upon nonprofits (kzfaq.info/get/bejne/rsh5iMyGtdvKmY0.htmlsi=hPFjImZYVq_YK8De). But if there is more interest on this topic we are happy to detail how colleagues fared that have made such an exit.

@@CaseInterviewHub Got it, thanks for your response! I think a deep-dive video on each of the exits you mention there would be great with some anonymized but illustrative cases - especially the ones for which examples are harder to come by such as nonprofits or government work.

​@@CaseInterviewHub I would be also interested in!

dont, just dont. 3/4 fail and either jump from one consultancy to the other or go back to corporate. If you dont do it early, you are too late for the game (at least top strategy cons). You also dont go to champions league at 45.

Not possible. Slackers are not recruited.

Glad you enjoyed it