Management consultants

let's put it this way.

if i have to work like a dog i rather be paid a salary commensurate with my sacrifices. i'm sure there are alot of people working even harder who are not paid even half the salary of management consultants

[Liverpool]

Originally Posted by Unregistered

let's put it this way.

if i have to work like a dog i rather be paid a salary commensurate with my sacrifices. i'm sure there are alot of people working even harder who are not paid even half the salary of management consultants

well most consultants quit because they could not take the frequent travelling... most IB also quit because they could not take the long hours everday.

sometimes money may seem v impt at the beginning of ur career but when u are older, not so energetic, have children and richer, u would want to slow down and smell the roses...

Originally Posted by Liverpool

actually is there even a management consultancy industry in Singapore? When I say consultancy firms, its really those McKinsey, Bain class and not some SMEs trying to offer some consultancy services.

For a company to seek a management consultant team to look at their processes, their company must likely be an MNC to afford their services. How many MNCs are there in Singapore and how many out of those want to hire a management consultant team?

This job is very big in the US, but I think Singapore and especially the South East Asia Region have not really caught up to the idea of Management Consultanting. There may be more opportunties of Management Consultanting in Hong Kong, China or India, but not here.

Anyone begs to differ? I hope someone proves me wrong because there are alot of fresh grads who want to be Management Consultants without thinking about the context of where we are living here. Even I had that dream once

There are lots of consulting projects in SE Asia because Asia is experiencing larger growth than Europe or US. I work at a global consulting firm and european employees relocate to the Singapore office for this reason.

Yes guys. Don't be taken in by the glitz and glamour of frequent traveling. Its not a jet-setting high powered corporate lifestyle like you believe or like what outsiders believe. Basically as a junior you're just a frequently traveling drone. Imagine getting a $400 a night hotel to do nothing more than put your luggage in it, and then heading off to the client's place straightaway. It gets tiring after less than a month.

If frequent travelling and entertaining is your ideal job, I suggest to take up a global or regional project role in a top MNC in FMCG, property or O&G industry.

Their travel benefits and entertainment budget is much bigger than your typical management consultancy anyway, but only a minority can live this kind of lifestyle long term - it gets boring & tiring after a while.

When I was with Chevron few years ago, chalked up enough points to get Solitaire membership and Hyatt Diamond within a year. At first I thought not bad can change free flights and stays when I want to go holiday on my own, end up so sick of travelling I stayed in Singapore for all my leave.

join the front office and do investments. even as a trade dealer your starting salary is easily 8-10K as a fresh graduate. working hours may be tough, around 12-14 hrs a day easily, but if you can endure for a few years, then move to a smaller company, you will enjoy life.

if you go to carparks in raffles place, you will see maserati, lambo, ferrari, porsche, bentley all of which belongs to people in the front office. the occasional toyota, honda maybe belonging to the back office managers. lol.

Originally Posted by Unregistered

If frequent travelling and entertaining is your ideal job, I suggest to take up a global or regional project role in a top MNC in FMCG, property or O&G industry.

Their travel benefits and entertainment budget is much bigger than your typical management consultancy anyway, but only a minority can live this kind of lifestyle long term - it gets boring & tiring after a while.

When I was with Chevron few years ago, chalked up enough points to get Solitaire membership and Hyatt Diamond within a year. At first I thought not bad can change free flights and stays when I want to go holiday on my own, end up so sick of travelling I stayed in Singapore for all my leave.

Chevron is filthy rich, heard from my friend the senior execs travel in first class and the rest regardless of rank all in biz class. Seems like any staff whose job need to do some occassional travel is a PPS member.

Originally Posted by Unregistered

Chevron is filthy rich, heard from my friend the senior execs travel in first class and the rest regardless of rank all in biz class. Seems like any staff whose job need to do some occassional travel is a PPS member.

Not just Chevron, all the oil supermajors make so much a year that they just spend ridiculously when it comes to travel & entertainment...

Off topic q: Does anyone know among the big oil (Shell, Exxon, BP, Chevron) which one has the best travel benefit for a comms role?

Fifty Shades of Management Consulting
://thelist.sg/fifty-shades-of-management-consulting/