Management Consulting vs. Product Management (Thoughts From A Former BCG Consultant & CPO!) 🤯

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  • Опубліковано 25 лис 2024

КОМЕНТАРІ • 64

  • @Shatakshi.Sharma
    @Shatakshi.Sharma  2 роки тому +13

    Since a lot of you have asked me about the Global Governance Initiative in youtube videos comments', sharing the main details here-
    1. The highest CTC offered by employers for GGI MBA Scholars and Fellows has been 29 Lakhs by two firms (one is a management consulting role in a leading impact firm and another for a CEO's office role in a health tech startup).
    2. The average CTC hovers around 17 Lakhs with a base of 23 employment partners in space of consulting, product management, and policy.
    3. Frankly, more than this, it's the Innovative Harvard case-style learning format by CEOs in which I take the most pride - creating the best one in India and abroad where Chairmans and Partners from the US, London, and India offices of BCG, Mckinsey, Amazon, BlackRock have come and taught !
    At GGI, we also stand against the age-old Indian placement mindset and culture. And hence GGIians get many more jobs from large GGI Alumni and networks spread across countries and continents.
    I get many more queries around eligibility, differences between programs, and the values we stand for, sharing website where a lot of GGIians have left reviews, employment partnerships, etc.
    Hope this helps ❤️
    -www.globalgovernanceinitiative.org/

    • @anilakhan07
      @anilakhan07 2 роки тому

      Hi. Shatakshi. Thank you for sharing such wonderful information
      I am working as Group Product Manager with a Pharmaceutical Firm. The role is that of brand management very different from the Product management in IT industry. It involves creating a holistic marketing plan which involves both strategic and tactical initiatives. I have been associated with the industry for 13years. Could you help me understand what role and work profile should I be looking for when considering switching to consulting. It would be great if you can share some insights on kind of skills or certifications needed in this context.
      Thanks in advance

    • @anilakhan07
      @anilakhan07 2 роки тому

      What would be the CTC i should be looking at based on the role in this case

    • @anilakhan07
      @anilakhan07 2 роки тому

      I want to switch to strategy role in consulting related to pharmaceutical and lifesciences.

    • @abhishekdev258
      @abhishekdev258 7 днів тому

      ​@@anilakhan07May I know where are you now?

  • @isaacsamuel997
    @isaacsamuel997 2 роки тому +23

    You really have no idea how much you're helping young students like me who are in a dilemma about their career! Thank you so much, appreciate it so much!!

  • @rajvirsinghkahlon3679
    @rajvirsinghkahlon3679 2 роки тому +1

    Wow mam. Finally the camera is straight. Perfect video

  • @atifzia124
    @atifzia124 2 роки тому +22

    My friend is making 34lk/yr just after 2 yrs of experience in India. As a backend developer

    • @bejeet
      @bejeet 2 роки тому +2

      What are you doing ?

    • @achauhan4953
      @achauhan4953 Рік тому +17

      Getting updates abt his friends salary on regular basis 😂😂😂😂

    • @kartik6764
      @kartik6764 7 місяців тому

      😂😂​@@achauhan4953

  • @bangmachiv
    @bangmachiv 2 роки тому +8

    But now everyone says, there is lot of implementation that MBB does now. How true is that, considering you said that was missing in your consulting job?

  • @priyapatel8711
    @priyapatel8711 4 місяці тому

    Really great video with nuances

  • @gurneetkaurgrover6054
    @gurneetkaurgrover6054 2 роки тому +6

    Hi Shatakshi, thank you so much for this amazing video. I am so excited to know more about product management. It was such a great video with all the detailed descriptions of the PM role.
    I am so grateful that people like you help us with this great content.😊
    If it is possible, can you please make a seperate youtube short video or video on What educational qualifications and experiences ( Fresher/Experienced)
    we need to be a product manager.

    • @jarbuyer
      @jarbuyer 2 роки тому

      MBA from reputed institutes(IIMs, ISB) is must if you want to work at big companies

  • @Umjetnost_dusk
    @Umjetnost_dusk 2 роки тому

    You are doing really great work!!

  • @jamshirtangri5757
    @jamshirtangri5757 2 роки тому

    Thank you so much mam for your views and knowledge

  • @bhowmicksoham7
    @bhowmicksoham7 Рік тому +2

    Hi @shatakshi, great video and quite informative. I was very intrigued by the Product Requirement Doc. that you talked about and was wondering if you could share a link. The link shared on the page is showing an error, was hoping if you could share a new link. Appreciate the help, thanks !

  • @frustrated2520
    @frustrated2520 2 роки тому +1

    As per me PM at Google has package around 60LPA!!

  • @piyalidutta6462
    @piyalidutta6462 2 роки тому

    Great.... Very inspiring..my aspirations are also similiar to you...... tqsm

  • @LearningAndGrowingInLife
    @LearningAndGrowingInLife 2 роки тому +2

    What do you think about engagement manager vs product manager?

  • @axelrod4141
    @axelrod4141 2 роки тому +5

    software engineers make more than both also no MBA needed

    • @bhavanrana1123
      @bhavanrana1123 2 роки тому

      Yes but you need to have that level of skill

    • @SahilSharma-jm7gc
      @SahilSharma-jm7gc Рік тому

      At entry level only. Look at top jobs

    • @ridj41
      @ridj41 4 місяці тому

      At top jobs, IBs , MCs and PMs earn the highest. Ofcourse if you become a good ceo then there is no ceiling to it

  • @koushikganguly4002
    @koushikganguly4002 2 роки тому +2

    Mam, I am koushik Ganguly from India

  • @nilavabishnu
    @nilavabishnu 2 роки тому +7

    is it possible to switch from consulting to product management?
    e.g (Big4 to FAANG)

  • @Machaivelli
    @Machaivelli 2 роки тому

    This one was insightful

  • @pranavsharma6237
    @pranavsharma6237 11 місяців тому

    Two Quick Questions, please guide if feasible
    1. I understand when you mention that PM is the CEO of the product but doesn't the direction for how a product needs to be usually given to a PM by the leadership of the company ?
    2. In regards to exit opportunities for the PM, is it not possible that they can be CEOs or CXOs only for the sector that they were PMs for i.e. the exit opportunities will have a sector limitation ?

  • @1SunnySharma
    @1SunnySharma 2 роки тому +1

    Could you please make a video on sabbatical period..( how much period is allowed . Paid or not paid, chance sof getting sabbatical,) and scholarships program of mbb Kearny strategy & alverez marshal an other Investment banks pursuing mba , PhD or any other further qualification, what are the pre requisite, how much scholarships is awarded is there any stipend invoked.. general terms of contract after completing the course(like have to work for 2 year etc) and how many time person can do course from a particular firm with scholarships ‼️

  • @aadi2808
    @aadi2808 7 місяців тому

    why are you putting random images between the frames

  • @sonaliyadav3506
    @sonaliyadav3506 Рік тому

    Hello ma'am
    I've been following your video for a very long time .In this video my analysis is the content is not delivered as well as you can.

  • @ridj41
    @ridj41 4 місяці тому

    Hi , I wanted to know that if I play my cards right, without an MBA, can I earn upwards of a crore through PM after 6-7 YOE.

  • @DarthVader-no9cc
    @DarthVader-no9cc 2 роки тому +1

    Ma'am does cgpa plays in important role while switching from an existing job to management consulting job?

  • @yogeshyk7772
    @yogeshyk7772 Рік тому +1

    Hello mam
    For future entrepreneurial purpose which is better field to invest our time ..?

  • @mamataparida2685
    @mamataparida2685 5 місяців тому

    Please give management consultant jobs in metro for freshers

  • @jyotirmayamuduli3510
    @jyotirmayamuduli3510 6 місяців тому

    Good Evening,
    what are the qualifications required for management consultant

  • @shivanichoudhary9691
    @shivanichoudhary9691 2 роки тому

    Could you tell us how a postgraduate in pharma can start a career as project manager

  • @gayatrimunukutla78
    @gayatrimunukutla78 Рік тому

    HI,I graduated my BTech in computer science but am not really interested in software and management consulting really interested me so that I can explore the world and the job opportunities the work culture in other jobs and can chose eventually. SO am thinking of doing MIM degreee to get a job in consulting. Do u think its a good choice? Like do a masters degree, work in consulting for few yrs and then find ur fixed life time job????

  • @aquarius350
    @aquarius350 2 роки тому +2

    Mam, is mba necessary for both roles?
    I m a student of BE-CSE and graduating in the month of june. Looking for career opportunities in both.

    • @jarbuyer
      @jarbuyer 2 роки тому

      Yes mostly required by big companies

    • @aquarius350
      @aquarius350 2 роки тому

      @@jarbuyer Is ggi program helpful for getting placement? Or a full time mba is compulsory.

    • @jarbuyer
      @jarbuyer 2 роки тому +1

      @@aquarius350 cant say about GGI but big comapnies hire for these prestigeos and high paying roles from select MBA programs only.

    • @aquarius350
      @aquarius350 2 роки тому

      @@jarbuyer I'm thinking to enroll in ggi program cause it's cheap compared to full time mba degree. Also, placement opportunities are good. If not got selected, then will look for a full time mba after some experience working in corporates.

    • @jarbuyer
      @jarbuyer 2 роки тому +1

      @@aquarius350 Sure man! good luck...

  • @pradeep.bhuvanagiri
    @pradeep.bhuvanagiri Рік тому

    What branch should we select in MBA in order to get the product manager role ?? Please guide me a roadmap for product manager

    • @Shatakshi.Sharma
      @Shatakshi.Sharma  Рік тому

      Seperate video already on my channel.
      Feel free to check.

    • @goodsons12
      @goodsons12 Рік тому

      @@Shatakshi.Sharma Can you please link, would love to check it out, but struggling to find it.

  • @bangmachiv
    @bangmachiv 2 роки тому

    Please use bookmarks on video timelime

  • @koushikganguly4002
    @koushikganguly4002 2 роки тому

    I am interested to get job at pm, but I am asking is there age barrier??? Plz reply

  • @adityapr.9380
    @adityapr.9380 2 роки тому

    Was it AAP's Delhi education that you consulted?

  • @kiranrpn
    @kiranrpn 2 роки тому

    I am a recent bcom graduate Is GGI mba helpful for me to get into consulting?

  • @Nerdiamond
    @Nerdiamond 2 роки тому

    Ma'am, who all get into Product Management - apart from B Tech graduates?

    • @Nerdiamond
      @Nerdiamond 2 роки тому

      @@atifimtiyaznazeer Oh, good to know. Thanks 😊

  • @snehabhat4876
    @snehabhat4876 2 роки тому

    What does influence without authority mean? What work exactly does that mean?

    • @shubhadafuge5304
      @shubhadafuge5304 2 роки тому +2

      An example of that: Developers do not report into you, so you have no authority on them, but you are expected to shape some of the technical decisions. So you are influencing developers without authority over them.

    • @snehabhat4876
      @snehabhat4876 2 роки тому

      @@shubhadafuge5304 ok thanks

  • @souvikroychoudhury9228
    @souvikroychoudhury9228 Рік тому

    Can you drop an helpline number where I can contact your team I am an assistant manager working into sales have just 6 months worth of experience planning to do an executive mba from IIM C but confused about your program currently know prompt engineering taught by our AI start up. If I stay in 2-3 years can become an AVP easily but looking forward to consult with your or your team personally kindly let me know

  • @shivangtrivedi3638
    @shivangtrivedi3638 2 роки тому +3

    hey I am a 20 yr old intrested in consultancy , what undergrad specialisation is best for me ? currently planning on bba or ipm @ iims

  • @venkat7692
    @venkat7692 7 місяців тому

    Thanks Shatakshi for the wonderful content you put forward 🎉
    I'd like to give feedback on certain nuances in your videos, just hoping to improve your content genuinely
    If you like to listen please let me know how I can contact you 🙂

  • @DarthVader-no9cc
    @DarthVader-no9cc 2 роки тому +2

    Ma'am does cgpa plays in important role while switching from an existing job to management consulting job?