/biz/ - Business & Finance

Wake up in hotel

Abuse business expenses

Go to client company

Run analyses with the mathematical sophistication of first semester calculus and the business intuition of someone who has been working in the client industry for two weeks

Change the numbers until you get the answer the client ceo wants

Rehash stuff you did for previous clients

Work for at least 11 hours each weekday

Condense all of your work, whether two weeks or nine months, to a three slide presentation

I wish I had that job, srs

>>680437
>>680676
I came out of Bain after 1 year and blue basically summed it up.

>Hi, here's a ticket to go on site and make the client money
>goes on site
>hi, faggot. my firm is losing money. why?
>devise apt solution

Mon - Thurs. you are out in the field. Fridays you get back and rapport to upper management. I did this for about a year spanning about 3-4 month projects in between then got into supply-chain management.

>>680691
did you like consulting? I feel like management consulting is a bunch of bullshit. Shit like sigma 6 makes me hate the business world. Do you guys ever feel like you are bullshitting yourselves and the client? I feel like you guys show up on site and make recommendations like
>seize the power of disruptive technology
>expand your consumer base
>squeeze your suppliers
Am I right? I have no clue if I am. Are there genuine geniuses who work in business management.

>>680703
It is. And most of the time you're applying bullshit frameworks for all of the clients. The reason why you are making bank and making the clients satisfied is because there really are some inept people put into power positions who literally have no idea what they're talking about.

It amazes me to this day that senior management with such incompetent people still continue to exist. But once in a while you get a smartass who will question all your work. Well, then it's the time you whoop his ass with real quant data.

>>680676
>>680691
>>680706

bullshit liars on /biz/

I have a question for bain guy. My perception is that the more "strategy" a consultancy role us, and the less operational it is, the more prestigious and highly paid it is. I kind of get entry this is, but doesn't it just seem bullshitty? Do MBB people have any skills or do operational work? Or do they sit at a desk and do nothing but think all day about high level stuff such as "Should the client logo be green or blue?"

BAIN?

>>680703
When a vast number of people doing it are 20somethings with barely any management experience, of course it's going to be bullshit.

As a consultant, there's a thousand articles you can Google.

>>680691
>rapport to upper management

you mean rapport to your manager at mcdonalds?

How much can you make in this industry?

>>680691
I'm starting in supply chain management. Got a two year traineeship at a contract logistics company, and I'm thinking of going to consulting after that. Why did you switch to scm? Do you do scm at a consulting or logistics firm?

>>680691
you're a big guy.

>>680691
Bane?

You would be amazed how disconnected and incompetent upper management is. These people usually have not produced anything tangible in the last ten years. You can tell them absolutely anything and they will believe it.

>>680710
No reason to be mad. There are set techniques to land interviews and acing them.
>>681230
I am currently working as a broker for a 3PL firm specializing in ocean import/export/clearance as well as domestic solutions. Currently working towards getting a customs brokerage license by the end of this year.

I switched to SCM out of interest because I had previously worked on a project on big data management for a healthcare chain. Realized I was more interested in how products move from A to B in the fastest and cheapest fashion instead.
>>681216
The final offer I received including sign-on bonus was nearing 85k/year right out of college. Some of my friends working at McKinsey, Capgemini, and BCG were nearing 90-100K.

>>681510
Did you get to meet mitt romney?

>>681554
Who is this Mott Romnoy?

Sounds like a cozy job with high income

>>681581

>100k
>high income
>cozy

Pick one.

>>681622
Can you define what an "high income" means then for someone right out of college?

>>681510
what and where did you study?

I studied architecture then enviro engineering Msc and get paid 55k/yr in the US with 5-6yrs exp.

I work 11hr days and want a more rewarding job. Analysis seems to take a wide variety of folks with little to no finance/biz background. Any suggestions how to get in, perhaps real estate analysis would be better suited as ive worked in urban planning?

>>680710
>>681215

GTFO with this liar liar stuff. Even if it is bs, who gives a fuck?

Literally adding no value to this thread and your lives. Go get a job you jealous fucking NEETS

>>682415
Northwestern U. grad. - BullShit in economics. Regarding analytic positions, thos are usually a swing and miss. I've had friends who cruised through Big 4 interviews only to shit their pants at how fucking terrible day to day job functions are. In fact, she quit after 1 week at KPMG because of how fucking awful the work hours are. They literally have to go through like 10 company audits a week.

Insofar as suggestions are concerned, you just really have to find that one field you're interested in. Then the work isn't so bad.

>>681622
Never said $100K/year was high, nor was getting it cozy. But it is rewarding work.

>>681456
This. There is a lot of money to be made by taking over these companies, replacing the management and actually developing the business.