Reddit consulting lifestyle. General Information Wh...
Reddit consulting lifestyle. General Information What is Management Consulting? Major Management Consulting Firms Boutique Management Consulting Firms Levels and Roles UG Compensation MBA Compensation Samples of Consulting Firm Work Reading List Tips for Current Consultants The Traveling Consultant's Packing List Useful Apps, Tools, and Utilities Tips For The All-Nighter If you are not charging to projects/bringing in work, you add no value ( at least in consulting metrics) Again, post mba consulting is obviously different (muchh better pay and exposure)than my undergrad technical consulting,but the general consulting experience is similar. Relationships and Consulting Lifestyle A consultant’s lifestyle can be tough, and not just for the consultant, but for his or her friends, family, and relationships in general. Additionally, second year MBA students tend to sugar coat the consulting lifestyle to first years so its a never ending cycle where all involved parties downplay the lifestyle to one another. I’m ex-consulting (and now run my own business) and my wife works in another industry that results in a lot of travel and long hours, very similar to consulting in that respect. đź’§rareliquidđź’§ My Business School Job Seeker Megathread ||| New Consultant Megathread ||| Posting Guidelines Welcome to /r/Consulting, a place for current and former consultants. 245K subscribers in the consulting community. However I’m accustomed to having a good work life balance (gym daily Now there are plenty of consulting firms outside of MBB (McKinsey, Bain and Boston Consulting Group). However, it is most definitely NOT "easy money" and is NOT for everyone. A mini guide for taking the “easy path” in management consulting : r/consulting r/consulting Current search is within r/consulting Remove r/consulting filter and expand search to all of Reddit 32 votes, 51 comments. Consulting offers the unique opportunity to rise from a decent income (consultant, manager, principal) to levels of wealth… 284 votes, 165 comments. ” I got poached by my current firm so I quit Consulting to go back to the industry and I’m glad I did because I get to make a real difference in the business world. Yeah, you might get promoted 6-12 months slower, but I value work/life balance more. In reality, you have cyclical work life balance in management consulting. Respondents skew young, and male, and junior positions. In my experience, the big four plus B&M spend most of their time on reinforcing, reteaching and reselling the same business practices, rather than adapting those practices for businesses. Consulting will absolutely lose the talent wars if the lifestyle goes away. Might sound odd to an outsider, but you've got a very limited amount of time to sound credible enough to clients yo sound like an insider in their B oston Consulting Group is highly focused on delivering distinctive answers and partnering with clients to enable clients to deliver high performance. Questions are periodically asked about consulting lifestyle, hours, and culture. we attribute more than $100 of value to a $100 expensed dinner). I've heard that MBBers at analysts/associate/senior associate level can be working consistently 60-80 hours a week. I wouldn’t trade that away, so I wouldn’t say you’re making a mistake - but there’s a reason turnover is so high in this business. More specifically about MBB consulting, is the lifestyle sustainable over a 20-25 year career? I'd imagine working 50-6… Consulting is a wonderful career opportunity, and for singles a great lifestyle. Feel free to share in any format makes sense for you. Most of the lifetime consulting partners who have to exit consulting (poor sales, politics, etc) end up heading up like the PM function or sales team for a company in industry. Big 4 refers to the top four accounting firms - PWC, Deloitte, E&Y and KPMG, who also have large consulting practices. I’ve been seeing this girl who works in strategy consulting. I left the consulting lifestyle because I wanted to start enjoying my life and stop chasing the money, title, & "prestige". I work in consulting and often I find myself struggling to have a healthy work-life balance due to intense demands. Is there a way to do consulting-esque work and projects but not have the miserable 4am wake-ups? I did almost every kind of consulting work for a variety of clients: system integration, org design, process improvement, strategy, project management. I've been happily doing consulting for the last 20 years, and I cannot think of a career that is more varying and stimulating than this. 116 votes, 124 comments. You likely sleep on the flight. Learn all about consulting, including the top consulting firms, what you do, hierarchy, lifestyle, hours, and compensation. She doesn’t travel much but her hours are long sometimes working late into the night. I also will say IB has more "filler hours" than consulting aka more mechanical work or basically hanging out for face time before the MDs drop a bunch of edits at 7pm. People often ask what consultants do all day. One area that interests me is consulting. One of the best things about working as a consultant is the variety you experience in your days, so while there really isn’t such a thing as a “typical” day in the li Additionally, reading this “day-in-the-life” description won’t give you the best picture of the management consulting industry job. This probably reflects reddit's demographics more than it reflects consulting. Apologies if this is not the right place to ask this question. Unfortunately, most consultants can only work at one consulting firm at a time, and this makes it difficult for a single consultant to answer these questions. Is the consulting lifestyle right for you? Here are 4 great ways to earn enough in your business to be able to live the consulting lifestyle. But don't expect the "big salary, thick expense account, business class flights" lifestyle. Do firms pay for your intermediate gym memberships in the cities youre assigned to? Edit: Thanks for the insight. There are a lot of middle aged consultants who are either divorced, or are far less than faithful. Is it for you?. There was certainly a time in my life when the consulting lifestyle was a positive, and I’ve certainly learned a lot and solved a lot of interesting problems over the past decade. Are there any differences in lifestyle between the MBB, in terms of hours working on average or any other relevant aspects? Do the firms differ in terms of sustainability or happiness of its consultants? The industry gives me the real battlefield to engage in “real business. You get such a variety of different projects and types of work that I think you learn more than you would at an insurer. No one will tell you whether you should write that project analysis at 6 AM or 6 PM, so long as it’s done. Plus, it’s so easy to be eating unhealthy food, specially while travelling. Thousands of discussions with management consulting analysts, associates, vice presidents and managing directors. You should check out these articles – their format allows a much better overall view and more insights: What is Management Consulting? What Does a Consultant Do, Exactly? Jan 24, 2022 · I know this has been talked about but I’m curious how many people at the post-mba level regret not doing consulting. I worked in consulting for several years and the work life balance was bad a lot of the time, but I also learned a ton there. For several years my wife worked away a lot and I was at home, and even though I understand the lifestyle, it was tough and it really took its toll. Are the perks of management consulting really as great as people say they are? Wages, travel, internal trips and support! One thing that came up pretty important was how to stay healthy while managing a hectic traveling lifestyle. Paying out of pocket for vacations blow but I wouldn't trade this life I have to go back to consulting with a 40% raise. Being away from home means missing out on a lot of important family events—birthday parties, impromptu lunches, anniversaries, and more. 276K subscribers in the consulting community. I got into Consulting because that’s what everybody else aimed for while still doing MBA. I have offshore and an Associate to develop deliverables, I’m not expected to sell. Consulting firms NEED good people who can deliver projects reliably and effectively. A good example of this: a friend of mine works for a top IT consulting firm, with a home office in a major East Coast city. Just ticked another year in consulting and have 1 more to vest my sign ons then I’m done. Office culture can vary from region to region, but the firm is closely aligned with a people-first approach to building a great company. What do you do to ensure you have a work-life balance? How has MBB changed your life holistically? Given that most people use consulting as a springboard to accelerate their careers, or go into it for prestige or money, how has these prospects change your life? Were you able to find your dream exit job after? Were the skills you used applicable to entrepreneurship, if you went that route afterwards? IB easy, however the peaks and valleys in IB are a bit more dramatic than consulting, consulting is a steady clip of 60-65 with peaks of 75. However, no one cares about your blog. We welcome a broad range of topics on the front page, from news about specific firms, to working in consulting, to industry happenings, to lifestyle, to career planning. I have been at a tier 1 consulting firm for the past three… 34 votes, 41 comments. Advice and questions welcome. Consulting is a tough trade, especially if you work for a large firm, which will (over?) formalize their practices. Mar 3, 2025 · Is the Consulting Lifestyle Right for You? Consider these impacts on yourself and your family’s lifestyle before you leap into self-employment. A community for consultants across industries. Please do not come here to self-promote your consulting, book, podcast, MLM, website, dropshipping guide, or $$$ scheme. Consulting becomes as much of a performance art as it is scientific. Corporate life vs consulting Hi there, I am a 25 years old guy living in Europe. How to maintain a healthy lifestyle as a consultant? Can someone please give some tips on how they are able to maintain a healthy lifestyle in consulting? I used to work out daily before I joined consulting, but now, even twice a week seems impossible. You're not going to get fired if you're doing that at the same time as having work/life balance. Day in the life of a management consultant? I'm considering pursuing my MBA to become a management consultant and am hoping to get some candid information on what it is like to do management consulting. true Hi guys Currently an attorney but am finishing my mba up within the next year. MBB refers to Mckinsey, Bain and BCG - the top three management consulting firms in the world. Requests for a comparison between firms - especially MBB and Big4 - are particularly common. Welcome to /r/Consulting, a place for current and former consultants. Jun 19, 2020 · Wondering what management consulting is really like? Check out a sample day in the life of a consultant. Reply reply [deleted] • Comment deleted Bodybuilding with consulting lifestyle? How difficult would it be to be a professional bodybuilder while constantly travelling M-Th? Consider the fact that you need 2 hours a day to train and possibly 1 hr of cardio. It’s not THAT bad of a lifestyle. Anyone who’s considering becoming a self If you work independently, you have the freedom to manage your own schedule. I keep my client PoC happy and run a few work-stream calls a week and a few status updates. As an M, find a long engagement owning something. The tasks on management consulting job descriptions are so time-consuming that many would say consulting is ideal for single applicants or married people with no kids. That's… In consulting, that expectation isn't necessarily built in, per se, but you still will have to put some hours here and there. I would suggest… 221 votes, 91 comments. In general, I tend to agree that consulting in its broad definition is more of a lifestyle than a job. TL;DR -> I enjoy consulting: it brings a nice lifestyle with lots of travel and expense-able meals, and an ever-changing scope of what it is you actually do everyday. Just stay away from high burn short term engagements and it can be a pretty chill job, you’re just physically not home for long periods of time. I was discussing the obscene cost of gym membership with her, and how crappy hotel gyms can be, when she mentioned that a good tip is to look into if the various gyms local to both your home and hotel are corporately or How do you even manage relationships with consulting? And how come everyone has a life except me? : r/consulting Go to consulting r/consulting r/consulting If you are good at your job then that affords you flexibility to do what you want. Any insights are appreciated. I know how difficult work-life balance can be in consulting so Im wondering if there’s any advice to make a relationship work with someone in consulting. Search the world's information, including webpages, images, videos and more. Consulting is an exciting, intellectually stimulating career, but its lifestyle requires a lot of time and energy. Consultants dont make that much compared to big tech or even traditional "industry" roles when you strip away the flashy stuff that we psychologically overvalue (e. All other smaller or specialized consulting firms are categorized as boutique by the OP. I chose banking because I’ve always worked in financial 100 votes, 75 comments. Just like most fields, success in consulting is about networking, hard work, and a lot of luck. Management Consulting Forum. Is management consulting still worth trying for? People who prefer to see the glass half-full would always answer the question in the affirmative. g. I parlayed that into a strategy and operational gig with a software company, with an introduction from a former consulting colleague (and a boss who was himself a former consultant). I'm happier, make more more, work less, and hang with my friends all the time. Reply reply mrburn451 • 259 votes, 83 comments. Job satisfaction is consistent for the industry as a whole: respondents expressed general satisfaction with co-workers and firm culture, while travel and hours worked are common pain points. Google has many special features to help you find exactly what you're looking for. I don’t necessarily anticipate pivoting but am not completely opposed to it, especially in a role that allows me to leverage the skills obtained when pursuing my law degree. Consulting being tough is generally overrated. 225 votes, 147 comments. Primarily for accountants and aspiring accountants to learn about and discuss their career choice. Like many of you I'm going to be 80% client site and could mean anywhere in North America. You’re gone first thing early Monday morning to catch a flight anywhere between 6-8am. The myth of consulting work-life balance is that you have it all the time, and it's the type of field that you go into to build a sustainable lifestyle. I am currently facing the following problem: should I pursue a career in quant finance or consulting (accounting). oxqc, fvcn, xemt, 8dcxz, pjnm, 6e9vs, 8mxwc, i7re, 7asb, 1qgfth,