Why Every MBA Student Wants To Do Consulting - Chetna Vasishth, Founder of ChetChat, XLRI
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- čas přidán 24. 02. 2020
- Meet Chetna Vasishth, Owner and Host at ChetChat, a CZcams channel that assists students with their study abroad dreams, has had a long journey. In this video, Chetna takes us through her journey at XLRI Jamshedpur. Studying personnel management and industrial relations (now dubbed HRM), Chetna stepped into a banking career after graduation. Interestingly, she never aspired to be a banker when she started her MBA. She talks about studying an MBA in a time when the economy was unstable and how it changed the needs of the industry then. In this video find out what it takes to grow meaningfully and ensure that your career does not stagnate.
Summary
Studying HRM from XLRI during the time of India's economic liberalization (the 90s), Chetna joined ANZ Grindlays Bank, and worked in different roles as a banker for almost a decade, before deciding to take up entrepreneurship. The many hats Chetna has worn include a teacher, a banker, an HR professional, a corporate trainer and now a CZcamsr. She talks about the lucrative consulting sector today and why every MBA student aspires to it. She shares the logic behind the shifts seen in the industry, from a manufacturing-oriented economy in the 90s, to a service-oriented economy today.
This is part 1 of Chetna Vasishth, full interview.
You can watch Part 2 here: • I Was About To Quit Af...
To watch Part 3, click here: • MBA And Engineering Gr...
She next discusses how an MBA adds value to your career and how a b-school is a bridge between corporate and education. She shares how b-school makes you a better version of yourself and how it encourages you to think.
Finally, she talks about what a corporate banker actually does. She talks about the difference between investment banking, corporate banking, and retail banking. If you want to know what it takes to have sustainable growth in your career, this is a must-watch for you.
Key Takeaways
1. The MBA is actually one degree that connects you directly with the corporate world.
2. MBA is the only degree that comes from corporate backward.
3. Today every MBA student, like it or not, wants to do consulting.
4. When you get into a b-school, the first line of any answer is ‘It Depends.’ There is never any right answer.
5. B-school teaches you to recognize the implications of your actions.
6. When you get into b-school, be ready to completely become this all-new, improved version of yourself.
#KonversationsCafeS04 #MBA #XLRI #HRM #ChetChat
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You can also watch:
I Didn’t Know What Consulting Was When I Started MBA - Anirudh Tara, MD, And Partner, BCG, IIM C - bit.ly/2vZwUL1
Your Resume Is Not Enough For A Job Application, Ft Amandeep Singh, VMLY&R | Konversations Cafe S04 - bit.ly/37Z9CSu
An MBA Gives You Skills To Succeed - Anirudh Tara, MD, And Partner, BCG, IIM C, Konversations Cafe - bit.ly/32nx4Yy
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If you liked this video, you'll be interested in the following:
3 Reasons To Pursue An MBA - Amit Grover, Entrepreneur, IIM Indore, IIT Delhi - bit.ly/39LQ3i3
I Didn’t Know What Consulting Was When I Started MBA - Anirudh Tara, MD, And Partner, BCG, IIM C - bit.ly/37QPvGg
Salary Package Is Meaningless If You Don't Enjoy Your Work Ft. Nitin Sharma | Konversations Cafe S04 - bit.ly/2OviBnE
She is so soft-spoken, I am sure she is really good with people management.
Hi Ayush, even we are pretty sure about her people management skills! By the way, have you watched the second part of our conversation with her? If not, here you go! bit.ly/2Pld9nV
12:47 That's one of the best explanations on various banking segments. Respect!! I thought the talk was great but especially that part was cool.
Hi, if you've loved this video, you will surely love the second part of our interaction with Chetna! Here you go: bit.ly/2Pld9nV
I follow her CZcams channel too! Chet Chat is really good. Thank You for bringing her to the show!
Hey Arkodyuti, yes, Chet Chat is a really good channel! Also, we are sure you will love the second part of our interaction with Chetna! Here you go: bit.ly/2Pld9nV
Consulting is nothing but telling the client whatever he wishes to hear..in a sophisticated and jargon rich way.
Only consultants would know this🙂
Are you one too?
Not every MBA wants to do consulting, some just wants to be STAND-UP Comedian 🤩
True! We had a conversation with an XLRI graduate, currently working at ABG - and is also a standup comedian! Do watch the videos!
Part 1: bit.ly/2ThId9j
Part 2: bit.ly/3960xcb
Part 3: bit.ly/3a84JrW
Some aspire to be an investment banking hotshot lol
Great talk. Her thoughts regarding today's corporate world and mindset of students is so clear. Amazing
Hi, we're glad that you loved the video! We're sure you'll love the second and third parts of our conversation with Chetna!
Part 2: bit.ly/2Pld9nV
Part 3: bit.ly/32voPK5
Loved it. Thank you!
Hi, we're glad that you loved the video! We're sure you'll love the second and third parts of our conversation with Chetna!
Part 2: bit.ly/2Pld9nV
Part 3: bit.ly/32voPK5
Thanks IIM Kozhikode.. for videos & insights, vibes etc.
amazing!
Excellent session and hats off to her way of communication!
Thanks a ton, Sid
Very Helpful ✨
InsideIIM please get some insights into how the placements vary for a fresher vs a person with 2years work ex. with respect to profile and pay at IIMs
So much I came to know ....
Excellent session Mam....
Glad you found it valuable, Pritam! Please watch the second part of our conversation with here, here: bit.ly/2Pld9nV
I often visit her channel!!
Very good interview
She's so soft spoken and her sense of humor is amazing.
Yes! We're sure you'll love the second part of our conversation with her! bit.ly/2Pld9nV
One of the best MBA content
Thank you
Glad you think so!
Waiting for part 2
Great content! Could you pls make videos on people who transition into entrepreneurship from a high paying job? There are a couple of them which touches upon the concept but would love to see something which explains the wild thoughts that go into leaving a well paying cushy job to starting from zero.
You guys are amazing! Immense value in every video. Thank you!
Hi Kiran, we will surely try to have a video on the same! Thanks for the suggestion!
Every MBA wants to do consulting because some top consultants pay more. Your graduation degree does help you with MBA. Those with a general graduation degree end up with only marketing, or some HR. A consulting job for initial 2-3-4 years, and your opportunities are limited, you only move around consulting companies.
So what do you suggest
I feel so jealous of these graduates from the elite IIMs.
Her sense of humour is nice
Amazing interview
Thanks, Aditi. Have you watched the other two parts of our konversation with Chetna? If not, here you go:
Part 2: bit.ly/2Pld9nV
Part 3: bit.ly/32voPK5
Why every alumni of good b-schools looks so rich . Is it impossible for a lower middle class student to get into one of these .
Sky is the limit for you, Vaibhav.
Don't compare your chapter 2 to someone's chapter 22
They became rich not in one day...they struggled, they prepared , they did well in exams and they took loan ..they earned and paid off the loan.....and yes 99 percent of them were from middle class...the thing is people want to make excuses for not working hard..I am sure you are not the one.
@insideiim please start a paid mentorship program for students who can take your help and your network. Use it to understand different specialisation, guided by mentors for internships etc
Hi Rajesh, thanks for the suggestion! Down the line, we may come up with one!
@@InsideIIMKonversations plz do come up with sessions that deal with the details of each domain like consulting, IB, Operations , Marketing etc. It would be of great help.
oh, chetchat here :)
😂 I just passed class 12 and will do engineering but deep down my heart i love consulting idk what will happen in the future but it feels good imagining myself as a consultant
Is it really true that MBA without iim is of very less worth?? I'm really worried now😶
There are many non IIM B Schools which are as good as IIM ABC. At the same time the bottom 13 IIMs are IIM in name only.
@@saswatrath609 ok I get it, thanks bro
Management consulting is it about solving the business problems like.
Which product should we produced?
How to grow business?
Is it about the solving business problems? Like relaince Hired mackinsey.
Didn't know Anupama Chopra did an MBA
HR today is only recruitment (and mostly from job portals) , and very little real HR. Best HR people are those who have worked in the field. MBA HR need to focus on admn part of HR, and also IR but this is routine, mundane and tough.
Consulting is ancient, the new sigma in town is product manager 😁
Both have their own spaces.
If you're into products then watch this czcams.com/video/_sXMQgyM40o/video.html
When will such a conversation happen in Pune
And how can I get to know about it?
We're hosting a Konversations Cafe event in Mumbai towards the end of May. Would love it if you can come down. :) Keep checking our social media platforms for updates on the date and venue.
She told i want to study physics i can do engineering then y d f*k i am supposed to study bio and chemistry in engineering
For the purpose of biomechanical engineering or after completing your graduation you may pursue robotics related to health or body parts so you have to learn biology .in us one have option to select their courses indian education system should learn from that
Sorry mam
You have no idea about Indias manufacturing domain
Rolls Royce india mein nahi ban rahi
right
Galat kya bola isne...rolls Royce india me kha bnti h?
Bcoz most of them are engineer.
Is that a reason?
Any other topic you would like us to cover?
@@InsideIIMKonversations underprivileged student in iim
The audience seems really boring.
No, we were not. I attended this session and it was quite interactive.
@@hardikkarelia3783 where and when was the session held in Mumbai?
@@Prasad9800 Fun Republic Social , Andheri West☺️
@@hardikkarelia3783 hey hardik do you remember me😂 lol we met again and at a different channel
@@pallavimalvankar7235 Hi dude. What's up? Of course I remember you. Nice to connect with you again😂
She has no Knowledge about India's manufacturing sector.
right
she is right. At the start of liberalization, PSUs were making everything (TV to Fridge to bulbs) and then private sector moved in. The hope was that India would manufacture more efficiently than say Maruti. thirty odd years later, India manufactures far less and everything from batteries to Pooja ka Samaan to soap comes from China. A senior corporate person with decades of experience has no knowledge, tum kis khet ki mooli ho?
@@nmo3148 you tell you don't know about manufacturing.
I am in manufacturing field
I work for India's largest machine tool manufacturers.
What adds value to society is manufacturing .
People do mba then they work as an executive for a mNc then they sell their products to India.
Yes we manufacture less , solution to that is not mba and sell foreign products to India.
Solution to that is we have to fill that gap, solve that problem.
That is the problem.
I am not against mba and foreign products.