Consulting(?) in India

I am working as an Associate at a US Niche Management consulting firm expert at sales and marketing issues in their Indian office.The work is more of an analytics rather than actual consulting.I am not facing clients(Who are sitting in US).We guys at India just do all the consulting work and it is Consultants and Managers in our US offices who face clients and do the actual consulting gig.

What can I do get out of this virtual consulting world.I am not Consulting,I am doing analytics.The US Manager controls the projects and we are just his whores by the EOD.We make fucking Decks,all of them,they take the credit.We are doing all the work (I mean all the work that an associate/Associate consultant would do in the US Office.) The salary is decent and yearly hikes are also decent.But all of this is Indian Rupees and not dollars.The transition to US office from here would require working here at least 4 years (2.5 years more). Is it worth it ?

I cannot become Rich like this .Inflation is too high in this country : (

What should be my next steps if I want to end up doing decent consulting gig(in terms of job satisfaction and money)?I am from Top Engineering Institute in India ,have good academics and extra co-circular activities and around 1.5 years of experience.

Thanks

 

MBA, boss. Hit up the IMs, ISBs of the world, do case prep like crazy, build your conversational/interpersonal skills so that you kick ass in your interviews, and then jump to the lovely world of MBB level consulting. Or hell tier 2s are great too. I'm sure relatively, you earn well for an Indian with just a Bachelors. But to truly make the jump in India I feel an MBA is a must.

 
bbjhva:
MBA, boss. then jump to the lovely world of MBB level consulting. Or hell tier 2s are great too.

There are a total of only around 40 available positions in MBB India every year and they recruit from IIMA,IIMB,IIMC,ISB .And around 400/450/450/700 students stud in these institutes respectively.Though I have a decent profile but I think then also there is a very low probability of me actually landing up with one of these firms FT Offer.

What do you mean by tier 2 firms ? Do you mean Deloitte/Opera/ZS/Accenture etc ?

Thanks

 
Best Response

Thing is dude this is why I emphasized your interpersonal, public speaking thing more. Yes there are thousands of atrociously smart Indians but so many of them come across as socially awk to western interviewers that any guy/girl who can hold her own in an interview and attends an IIM/ISB type place will do well. So don't be pessimistic if you feel you lack the requisite grades, etc. Of course first you gotta get into an IM/ISB...that's definitely an important step if you want an MBB. An MBB won't even look twice at any other institute except IIM A/B, ISB and maybe IIM C though unlikely.

Tier 2 consulting firms consist of Oliver Wyman, Monitor, LEK, Roland Berger, Parthenon, Booz & Co...and Tier 3s would be places like Accenture Strategy, Deloitte Strategy, PWC Advisory (PWC more like Tier 4)

 

As far as MBB firms are concerned there is no difference between IIM A/B/C. In the end it's going to come down to your profile, not which school you go to (amongst the three). For instance McKinsey recruited 13 last year from C. As far as Bain is concerned it only recruits from A/B/C it's mentioned on Bain website.

Having said that if you got XL/IIM-L and are a top student you will be invited to interview with McKinsey.

By the sound of it, you working at ZS Associates in Pune?

 

Are you at all interested in India? I'm sure going forward firms will value people with experience in India as investment opportunities increase. From your post though it sounds like you just want to work there for a short-time and get out. There's nothing wrong with that, but if you had the desire/interest you could possibly carve out a nice little niche for yourself.

 

My final goal would be to work in relation with emerging markets, whether it is in the West or in an emerging country itself.

However, nowadays, the traditional first step appears to be internships in big banks in Europe, Asia or the US. Therefore, although I am interested in working in a non-traditional environment, I am afraid people are not ready yet to consider an internship in India as an added-value rather than as a second-tier choice.

 

Enim asperiores omnis ut est. Voluptas ratione rerum laboriosam earum libero cumque. Et aut nobis illum ab quis optio. Ea soluta omnis laudantium quas. Sit voluptatum ea veniam.

Quia exercitationem fugit aliquam architecto perferendis non repellat. Dolorum rerum optio beatae voluptates deserunt cum itaque. Saepe ab ea quidem ratione.

Career Advancement Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

April 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

April 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (552) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”