Nuggets On
consulting
Leaders talk about how individuals should think about a career in Management Consulting and contrast it against options like Investment Banking. They also talk about transition pitfalls when people from Consulting move to newer domains.
Consulting (McKinsey) as a career option
Pramath talks about how he ended up joining McKinsey in Canada instead of pursuing a career in academics which he had originally intended when he completed his PhD. He also talks about how students should think about evaluating consulting as a potential career option including the common mistakes people make when they consider a career in consulting.
What Consulting doesn't prepare you for
Management Consulting often provides a whirl-wind exposure to multiple problems across industries and topics. However, one needs to significantly adapt the style while moving from a consulting environment to the Industry. Pramath talks about some of the adjustments consultants have to make when they enter the corporate world.
Career in Consulting versus Banking
Anu talks about the transitions she went through within Banking before she entered the world of consulting. She also talks about the questions people should ask themselves to see if a career in consulting makes sense for them.
Choices post IIMA
Falguni speaks about how she made some early career choices post IIMA. She speaks about how she was independent in the way she went about making decisions. She also speaks about the context in which the transition from Consulting to Banking happened when she got a call from Kotak on her childrens’ 3 year birthday.
Transitioning from well-paying time-greedy careers
Herminia speaks about the specific challenges facing professionals who are in time-greedy and identity-consuming careers. She provides some thought-starters for those professionals to take charge of the narrative and steer their journeys in line with their evolving life context.
Evolution of the Consulting model
Ramesh speaks about how the Consulting model has evolved over the last several years. He specifically talks about how the teams have evolved from being 2-3 people to a much larger group of diverse people from across domains (designers, data specialists etc.)
