How much do McKinsey consultants earn after IIM? All about CAT Preparation, life & salary after IIM

The speaker reflects on their career path, including transitioning to becoming a manager and team leader. They mention their percentile in the CAT exam and the experience of preparing for it. Additionally, they talk about their job experiences and the decision-making process regarding career choices.

The speaker introduces themselves and discusses their background in Ahmedabad. They share their familiarity with various aspects of their life and work, highlighting their recent job change.

The speaker delves into the salary ranges in different job positions, from junior associate to partner level. They elaborate on the expectations and salary ranges at each career stage, specifically in consulting roles.

The speaker shares insights about consulting roles and their enjoyable experiences in consulting. They discuss the challenging but enjoyable aspects of calculating salary components and working with foreign clients.

The speaker reflects on recognition and decision-making, especially the value of management talent in India. They discuss the importance of Indian management talent and the recognition it receives internationally.

The speaker talks about the work environment in consulting firms where salaries and project billing are often a point of discontent among employees. He emphasizes the value of real conversations in such firms.

The concept of non-target and target schools in consulting firms is explained, highlighting the advantages and opportunities for individuals from different educational backgrounds.

The speaker discusses the career progression in consulting firms, mentioning the path to becoming a partner level and the importance of delivering value consistently to advance in the industry.

The challenges and considerations faced during campus placements, career choices, and the impact of obsessive focus on campus placements on decision-making are highlighted.

The importance of networking, job security, and career stability in the consulting industry are discussed, emphasizing the need for consistent value delivery to ensure job security and growth.

The transition from campus life to professional life, challenges during campus placements, and the evolving mindset towards career choices and placements are explored.

Discussion about a placement consultancy call and the firm's requirements.

Negotiating and discussing the need for a more senior position in the firm.

Describing a toxic boss and the negative work environment.

Sharing experiences about consulting firms during campus placements.

Preparing for placement exams and the importance of mock tests.

Discussing preparations for the CAT exam including mock tests and study strategies.

The process of shortlisting candidates based on academic scores and work experience.

Discusses the importance of understanding terms and strategies in exams, emphasizing the need to read questions carefully and search for answers within the paragraphs.

Explains the strategy of writing initial thoughts and later creating a mind map of the paragraph to enhance understanding and improve reading efficiency.

Focuses on strategic preparation methods, such as starting with basic concepts and progressing to more challenging topics, to enhance problem-solving skills for exams.

Advises on adapting study techniques based on personal learning style and the complexity of the subject, highlighting the importance of practice tests for improvement.

Suggests the significance of analyzing mock tests, selecting suitable techniques, and focusing on specific topics to maximize exam performance.

Discusses the process of cracking the CAT examination and the importance of preparation and margin of error.

Explains the limited time and the significance of the CAT exam for candidates.

Shares a personal experience related to admission into IIM Ahmedabad and the learning from mistakes in the exam.

Reflects on the uncertainties of exam days and the importance of preparation and consistency.

Details the preparation journey, college experience, and insights into CAT exam preparation.

Emphasizes the significance of effort in exam preparation and the experience of giving the CAT exam.

Compares the competitive environment and enjoyment factor in IIT and IIM.

Discusses the challenge of attempting difficult questions and the importance of smart attempts in exams.

Explores the stages and skills required for exams like JEE, CAT, and GATE.

Reflects on balancing academic heaviness with flexibility and learning experiences in IIT and IIM.

The speaker reflects on the learning process and the competitive environment where the speaker talks about teaching others before exams to enhance their own understanding.

The system is designed with relative grading to induce healthy competition. People tend to compare and discuss marks, creating a competitive atmosphere.

Recalling a time where the speaker taught Excel to a class and realized the impact of sharing knowledge and helping others succeed.

The speaker shares past exam experiences and how teaching topics to others led to improved performance and understanding of the subjects.

Reflecting on exam anxiety and feeling unprepared, the importance of understanding the exam topics and being proactive in study habits.

Discussing the challenges faced during exams, the necessity of preparation, and managing stress to excel in exams and presentations.

Exploring the uncertainty of exam topics and the importance of exam preparation and time management to succeed in academia.

The speaker reflects on group study dynamics, the difficulties in coordinating study groups, and the necessity of individual preparation for examinations.

Discussion about the importance of freshers going with the flow and understanding the work culture after MBA.

Encouragement to share innovative ideas even without a formal background or work recommendations.

Reflection on promotional strategies in the Pharma industry and the interest in certain topics among judges.

Discussing the context and inspiration behind innovative ideas and the importance of understanding the audience.

Exploring unique twists in ideas and seeking inspiration from naive sources.

Encouragement for radical thinking, especially for freshers to bring new perspectives to the table.

Addressing common questions from freshers about career choices after work experience and academic excellence.

Emphasizing the value of both work experience and fresh perspectives in enhancing the MBA journey.

Discussion on the preparation needed to get into Harvard University and the differences in levels of education.

Importance of building a well-rounded profile through placements, academic breakdowns, and extracurricular activities.

The significance of establishing deep connections with peers for a holistic learning experience.

Changes in online interactions and connectivity due to the COVID scenario and its impact on networking and competition.