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Description

**Updated for 2024!**
Imagine you could learn the techniques taught by the world’s top consulting firms such as McKinsey and BCG without ever working at a firm! What if you could put yourself in a position to earn a six-figure salary, not to mention maximize the efficiency of any business interests you have, all from the comfort of your own home?
Management consulting involves identifying and suggesting important changes to what a company does and how they do it—developing a working strategic plan and guiding its execution with optimum effectiveness. A management consultant learns everything about the product or service a company sells for profit and then finds more efficient and more profitable ways to sell that product or service.
You can see why management consulting is a growing field very much in demand in today’s marketplace.
College graduates with management consulting degrees receive offers from top firms with compensation approaching or exceeding $90,000 in their first year alone. Experienced management consultants can earn well over 6 figures—and that’s not accounting for bonuses.
And while these consultants are helping companies improve their bottom lines—and being compensated nicely for their efforts—certain consulting techniques can be applied to individual problems, allowing you to employ what you learn to improve your business and personal life.
Our goal in this training program is to help you improve your day to day operations, career and yourself, so I will show you techniques and toolkits that we use in management consulting industry, and ones that I frequently share with my clients and students.
You simply have to find a way to acquire practical skills that will give you an edge over the other candidates.
But how can I help you do that?
Management Consulting Essential Training is the most comprehensive, dynamic, and practical course you will find online. It covers several topics, which are fundamental for every aspiring management consultant:
What makes this course different from the rest of the consulting courses out there?
Knowledgeable instructor (experience in companies like BCG)
Complete training: We will cover all major topics and skills you need to become a top-class management consultant
Extensive Case studies: To help you reinforce everything you’ve learned
Why should you consider a career as a management consultant?
Salary. A management consultant job usually leads to a very well-paid career
Promotions. Management consultant acquire valuable technical skills, which makes them the leading candidates for senior roles within a corporation
Secure Future. There is high demand for management consultant on the job market, and you won’t have to be concerned about finding a job
Growth. This isn’t a boring job. Every day, you will face different challenges that will test your existing skills
You will make your money back from the price of this course. Udemy guarantees it with their no-risk 30 day money back guarantee. You really have nothing to lose.
Thank you for signing up for this course on Udemy. The course will always be up-to-date here and nowhere else. I am also available for questions inside the course discussion board.
Who this course is for:
You should take this course if want to learn management consulting completely from scratch
You should take this course if you know some consulting skills but want to get better
You should take this course if you are a good strategy consultant and want to take your skills to the next level and truly leverage the full potential of consulting techniques at work
You should take this course if you're a beginner to business strategy
You should take this course if you're a student eager to learn about job opportunities in the field of management consulting
You should take this course if you're a candidate willing to boost your resume by learning how to combine the knowledge of problem solving, creative thinking and business consulting in a real-world working environment

What you'll learn

Gain a well-rounded consulting techniques. This program is taught by industry professionals who have real-world experience to bring to the table.

Explore the techniques and frameworks for approaching each type of consulting case to dominate your upcoming interview and land your dream consulting job

Understand from a high level perspective what a management consulting firm is as well as what the role/job is of a management consultant.

Participate in case studies to apply the consulting skills you learn in a real-world situation

Understand the real-life consulting case interview processes and principles

Identify strategies you can use to analyze businesses and industries

Learn how management consultants break a business problem into its core components

Learn effective brainstorming techniques from Bain and McKinsey

Making your business more profitable involves looking at ways to increase sales revenue as well as decreasing costs

Learn how to perform an industrial analysis and competitor analysis

Explore what to do to enter a new market

Understand the strategy to improve capacity utilization

Know the steps to executing a successful merger or acquisition

Learn things to consider before your company makes investing decisions

Understanding organizational behaviors

Learn how to approach market sizing case questions

Requirements

  • You will need a copy of Adobe XD 2019 or above. A free trial can be downloaded from Adobe.
  • No previous design experience is needed.
  • No previous Adobe XD skills are needed.

Course Content

27 sections • 95 lectures
Expand All Sections
1-Introduction
3
1.1-Welcome
1.2-What you should know before watching this course
1.3-How to use this course
2-Management Consulting Fundamentals
13
2.1-This is what being a management consultant actually means
2.2-Pick the right types of consulting firms to work for
2.3-Reasons to learn or work in management consulting
2.4-Management consulting career path and skills
2.5-A peek inside the life of a consultant
2.6-What do management consultants like McKinsey actually do
2.7-Consulting process
2.8-How to become a management consultant
2.9-Understand the recruiting process
2.10-Recruiting timeline
2.11-Download the editable Harvard-format consulting resume template
2.12-Resume tips from McKinsey
2.13-Additional resources to understand consulting industry
3-Explore Management Consulting Cases
14
3.1-Understand consulting cases
3.2-Why do consulting firms give case interviews
3.3-Case interview process
3.4-Steps to solve a consulting case
3.5-Types of management consulting cases
3.6-Case types
3.7-Understand business cases
3.8-What is a decision tree and how to use it
3.9-Why to create hypotheses with decision tree
3.10-McKinsey vs. BCG case
3.11-How to succeed in case interviews
3.12-More case studies from top universities
3.13-Additional resources for case prep
3.14-Free gift worth $199
4-Profitability Case
10
4.1-What's profitability
4.2-How to increase profitability
4.3-Case - Help Netflix increase profitability
4.4-Wrap up
4.5-Case - Help MCM increase volume sales
4.6-Wrap up
4.7-Case - Revenue drops of a restaurant in New York
4.8-Wrap up
4.9-Case - German power utility profit drops
4.10-Wrap up
5-Industry Analysis
5
5.1-What's industry analysis
5.2-Case - Help Ogilvy & Mather analyze consulting industry
5.3-Wrap up
5.4-Case - What kind of companies they are
5.5-Wrap up
6-Market Entry
6
6.1-What's market entry
6.2-How to enter a new market
6.3-Case - Should BMW enter Mongolian market
6.4-Wrap up
6.5-Case - Help a consumer product client design a market entry strategy
6.6-Wrap up
7-Capacity Expansion
9
7.1-What's capacity
7.2-Understand the capacity in human resource
7.3-Understand the capacity in production
7.4-Case - Help Pere Ocean decide whether they should increase capacity
7.5-Wrap up
7.6-Case - Ford production problem
7.7-Wrap up
7.8-Case - Understand the industry cost curve
7.9-Wrap up
8-Merge and Acquisition
6
8.1-What's merge and acquisition
8.2-How merge and acquisition works
8.3-Case - Is buying Yammer a good deal for Microsoft
8.4-Wrap up
8.5-Case - Calculate the synergies in merge and acquisition
8.6-Wrap up
9-Investment
3
9.1-What's investment
9.2-Case - Should GP Investment build a new football stadium in Brazil
9.3-Wrap up
10-Organization Behaviors
3
10.1-What's organizational behaviors
10.2-Case - Measure your division's operating efficiency
10.3-Wrap up
11-Brainstorming Cases
26
11.1-What's brainstorming
11.2-Where brainstorming fits in a strategy study
11.3-Where brainstorming fits in a case interview
11.4-How to brainstorm
11.5-Case - Brainstorm why the revenue of a fitness club declined sharply
11.6-Wrap up
11.7-Case - Economic impact of arts
11.8-Wrap up
11.9-Case - How to reduce costs of RAV4
11.10-Wrap up
11.11-Case - How to increase FedEx parcel revenue
11.12-Case - How to increase Burberry sales worldwide
11.13-Case - Brainstorm what a company should do with excess cash
11.14-Case - Why steel supplier fragmentation is a problem in a bear market
11.15-Case - Options available for the CEO to expand into electronic publishing
11.16-Case - How a CEO should price a new contraceptive requiring 1 pill per month
11.17-Case - Brainstorm why IT budgets typically go over budget and scope
11.18-Case - Why GAP costs rose in the recession
11.19-Case - Why reality TV is so popular
11.20-Case - Why airlines are hesitant to serve Sushi on flights
11.21-Case - How a Telco can be more efficient
11.22-Case - Brainstorm the impact of opening a casino
11.23-Case - Brainstorm the ways Frankfurt can improve its global image
11.24-Case - How the IRS can reduce the tax evasion rate
11.25-Case - Brainstorm how to increase your salary
11.26-Case - Why US ice cream consumption increased during the recession
12-Estimation
20
12.1-What's estimation case
12.2-How to solve an estimation case
12.3-Estimate the advertising revenue of Spotify in a year
12.4-How Many Gas Stations Are Needed in Germany
12.5-Estimate Paint Used on iPhone Worldwide
12.6-How many people fly in and out of O'Hare International Airport
12.7-Estimate the ticket revenue of Real Madrid generate in a single season
12.8-How many photo uploads on Facebook in a year
12.9-Estimate the market value for BMW vehicles in Mongolia
12.10-Estimate the market value of Louis Vuitton women bags and luggage in Shanghai
12.11-Estimate high-end measure to make clothing market size in China per annum
12.12-Estimate market value of US online magazine for men
12.13-Estimate the market size for bottle beer consumed in Japan per annum
12.14-How many red delicious apple sold in U.S. each year
12.15-Market value for diabetes treatment Canada
12.16-What tax would UnitedHealth pay per year
12.17-Value of SMSs in Thailand per annum
12.18-Market size of Tesla Powerwall in the United States
12.19-Estimate the bubble gum market size in US
12.20-Section conclusion
13-Conclusion
3
13.1-Next steps
13.2-A final note: How to become a great management consultant
13.3-Management consultant reading list