Revealing BCG, Mckinsey Requirements, Case Interview 😱: Tips from a BCG Consultant

I worked for a boutique consulting firm run by 2 Ex- Mckinsey Partners after college. In this video, I share the detailed plan of getting into consulting after college as I did once after my undergraduate institute, St. Stephen's College.

In this video, I share a detailed plan on how to get into consulting after college: requirements, target schools, spike, interviews, and fit with the firm for CAs also.
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Shatakshi is Co-CEO of 🚩Global Governance Initiative (MBA program recently featured by Poets & Quants), a former public policy advisor to 🚩Tony Blair, an Ex- 🚩Boston Consulting Group, BCG, management consulting and did her 🚩MBA from 🚩Indian School of Business (ISB), Hyderabad. She has also studied International Affairs and Tech Entrepreneurship at the world's premier school - the Fletcher School of Law and Diplomacy at Tufts University and Harvard Business School, Boston.

She has been also felicitated with The Most Promising Women Leader 2021 award by ET and 🚩Linkedin Top Voice 2021. Her interviews have been published in leading policy and careers organizations- Modern Diplomacy, BCG, Poets & Quants, Your Story.

She will be uploading daily content on 🚩career advancement (MBA, consulting) 🚩personal finance, and 🚩productivity hacks. Be sure to subscribe to the channel to get notified whenever she uploads the video.

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Have you ever wondered what is management consulting? Or, what are your chances of getting into BCG, Mckinsey, and Bain after your undergraduate degree is over? In this career insight, I will answer these questions for you based on my personal experience.

I would be structuring this article into 2 parts- (old habits die hard) :p

Who are management consultants?

Before we delve into your chances, it will also be best we understand the wold of consulting first.

Historically, advisors have held a prestigious position in society. Kings and queens often looked up to these advisors for the welfare of their kingdom and for devising war strategies. The only difference is that those were in-house advisors, and belonged to the same kingdom.

The management consulting model is just a little different. Consultants typically work for external clients, rather than being part of the client’s team. This brings in a lot of fresh perspective to the advice.

However, today a lot of companies also hire in-house strategy folks. By doing so, they do not necessarily rely on an external firm.

Coming back to the profile of a consultant. Consultants work with the CXOs and CEOs of leading organizations to solve the root cause of P&L problems. You are invested in issues such as increasing revenue, reducing cost, mergers and acquisitions and due diligence, which have large-scale impacts.

And hence you get a more hands-on experience by working closely next to CEOs and CXOs.

What are your chances of getting into management consulting?

Now that you have understood the role of a consultant, you might be wondering about your chances to land a role. To illustrate your chances clearly, I am going to create a structure.

2.1 Target Schools

MBB firms especially in India have certain target schools from which they hire. Some of these target institutions at the undergrad stage are- St. Stephen’s College, Sri Ram College of Commerce (SRCC), Lady Sri Ram College for Women (LSR) and old IITs.

The firms hire front-end consultants exclusive by having a target hiring pool.

One thing to note though is that there are fewer restrictions for back-end and research consultants in the same firms.

This will certainly raise a question on whether you are part of a target school or not. To determine that, all you have to do is go back and look at historical placements of your school for the last 6-7 years. If your alumni have been hired by these MBB firms, then you are part of target school list.

[suyashgoyal]

Hi, Shatakshi
Hope you are doing well. I really wanted to work with the MBB as they are more consistent and stable & I am a law graduate from Delhi only. Am I able to get any position in any of those as of now...Please guide me regarding this

[dpkmnoz]

Hi can you please explicitly share some info on acedemic cgps across education for consulting

[gollamshanthiyadav]

Hi Shatakshi,

Can you explain in other video is it advisable to get in management consulting from big4? Keeping career advancement in next 15years

[Lexi-xgos]

Hey Satakshi, would really appreciate a similar video on how to get into investment banking right after undergraduation. Kudos to your efforts for providing such quality content.✨✨

[dobbygaming]

When we mention IITs do we also take in consideration the newer ones with less brand value but great placement prospects?
Or only the Delhi, Bombay, Madras, Kgps?

[parvatisalve]

Please make a video on how to get into mbb after graduation for analyst position

[umeshdhole]

Hi Satakahi, I have done Bcom and I have accounting and administration work experience, how I can become management consulting?

[sheetaltotochan]

I am a management graduate. I am working in Admin department. I want to swith to management consultant. Is it possible?

[adhithkv]

Hey, shatakshi just wanted to know how can i pursue a consulting job in mckinsey after completing my master's in English is it possible?

[shashi.shekhar]

What do you specifically mean by frontend and backend consulting?

[vipulbhatia]

6:40
Hi Shatakshi,
Is analyst position at MBB’s is a back end job role?

[rakeshkumarprasad]

Can an engineer get into the Management consultant job. I have a degree in MBA in finance

[medhaabiroy]

where can one practice casing from? any sources?

[parthraghuwanshi]

I’m a cma usa pursuing student will I get to consultancy firms ?

[dikshakhajuria]

Does MBB hires candidates with more than 5 years of work-ex from ISB?

[deepakchadha]

Hi Shatakshi
How are you?
I wanted to connect with you regarding the MBB
I want to get guidance from you how to get into Boston bain or McKinsey with current experience and qualifications

[akrutibhatnagar]

Hi Shatakshi,
thank you for sharing first hand experience about Management consulting and BCG as well. The content is really helpful in terms of understanding the job role and the opportunities it brings along.
I'd like to request you to share some pointers about the backend offices of these MBBs, about how different they are, what kind of work do they get done and what can an MBA graduate expect in terms of growing into front end roles in these firms.
Also, if possible please compare the onsite opportunities provided in Management consulting v/s Product Management roles.

Have a nice day :)
Stay healthy and happy!

[yashrathi]

Hey Satakshi,
I will be joining BITS PILANI next month.
I wanted to seek guidance in the 2+2 deferred MBA programme of Harvard / Yale / Stanford
Content about this or GGI programme that can mentor students for this will be appreciated
And thank you for all the other experiences that you share.

[shubhamsachdeva]

So, i have just 1 lift case left for best enterpurship

[zoop]

Hey Shatakshi
It is mandatory to have a GMAT score for applying to GGI fellow program?
The application form question is not clear on how else quant skills of candidate will be evaluated.