Dont know about this person but what is your expectation? That somebody from iim/iit/Bain cannot/should not have negative perception of muslims? Being from iit I know scores of people who fulfill all the above 3 criterias and still viscerally hates Muslims.

But they won't be dumb enough to openly express it on social media

Strategy & Operations

Agree … people hating each other has nothing to do with education. We have seen engineers joining terrorist organizations built on hate.

Founder

Product Manager

After looking who is the   the PM of India . Don't be surprised by this.

Software Developer

Community Manager

I'm from IIM C, can confirm this is a fake profile. I know at least the names from last 3 batches. More so, someone with a bain offer will always be highlighted in campus. Looks like an anonymous ac created for personal use.

Really hoping this person isn’t actually Bain + IIMC

Corporate Strategist

Really hoping this person isn’t actually Bain + IIMC- Grapevine

Welcome to Business Roles's Private Community

It seems like the bear market effects are down upon consulting firms now too

Got to know from multiple people that were joining top consulting firms that their onboarding is deferred by 6 months (across places like Bain, McK etc)

Already enough existing employees aren’t on active cases, and so it seems like they’ve hired more than there is demand for cases, people who have actually been sitting on the bench for months 

If demand does not return, this could really stack up and lead to a problematic situation

Delayed onboarding across consulting firms (MBB too)

Ironic that consultants aren’t able to manage their hiring demand better 🤔

Analyst

Heard from people I know at Bain that they are laying off.
This is mostly the first time an MBB is doing layoffs (earlier they would silently fire, or delay onboarding) 

A friend got impacted. Seems like this could be 10-15% of their consultants. Unprecedented.

Layoffs at Bain India. At least 100+ people will be affected

When I think I should leave my job and start searching, Grapevine pops one of these scary items 😭

Consultant

What would be the Indian equivalent? 😂

Product Owner

Hi all,

I’m currently working at an IB firm and looking for a switch from my current job. I’m planning to apply for an M&A Advisory/Consulting role at Bain and Co. (or MB) or continue in the Investment Banking domain but at a better firm than my current one!

Referral: M&A Advisory/Consulting at Bain (and likes) or Investment Banking Roles

Investment Analyst

While actual bonus amount hasn't changed, they've adjusted the % for high performers. 4 raters were previously paid 150% and 5 raters were paid 200%

Not like I had motivation to work hard enough for a 4 anyway but now it's not even worth much lol

Bain adjusts its bonus compensation payout

Growth And Strategy

Welcome to Office Gossip's Private Community

Someone from my connections told that Flipkart have consulted Bain/BCG ( don't remember exactly) and are planning to fire 10% of the workforce

Anyone heard something?

Flipkart Firing?

Welcome to Indian Startups's Private Community

Are Bain BCG McKinsey consultants most arrogant folks? They have an air of superiority about them and little substance

Software Engineer

Good morning everyone,  

Bangalore weather has me almost convinced to not work today 😂

What this post is: a place to hang around and chat just about anything - without having a specific topic to discuss.  
Think of it like the watercooler at your office.  
 
Look forward to hearing from you all :)

Daily Watercooler (20th June)

Was just reading The Ken’s article they posted today around what went behind Bain’s recent layoffs - made me think a lot. More so because I rejected my offer from Bain in college to go join a startup.

Bain is a titan in the consulting world, what made it stumble so hard in India? By now, all of us know Bain let go 15-20% of its workforce, a shocking move that reveals deep problems.

What went wrong?
1/ Putting all eggs in one basket: Bain's excessive dependence on Tiger Global (60-70% of PE consulting revenue) proved catastrophic when Tiger faltered. When Tiger faltered, Bain was left scrambling.
2/ Overconfidence led to overhiring: The 2022 hiring spree, nearly doubling B-school intake, reveals a dangerous disconnect between market realities and internal optimism. Now, with less work, those hires became a burden.
3/ Reputation at Risk: Layoffs may solve immediate financial woes, but the long-term damage to Bain's employer brand could prove costly in an industry that thrives on top talent.
4/ Others learn from Bain's mistakes: While Bain stumbled, rival BCG played it safer and is now in a stronger position.
5/ Growth isn't everything: Bain's fall shows that in consulting, steady relationships and smart hiring matter more than just getting bigger.

So thankful for not joining consulting post college 🙏🏼

Rejected my offer from Bain to join a startup 6 years ago - best decision in hindsight

Never believed consulting created any real business value. The model is itself self defeating. Great decision , joining startup !

Investor

200+ peeps asked to leave over the weekend

Rumour | Large layoffs at Bain

Hi,
One of my friends posted a job in our batch group but posted that 'this might be suitable for junior folks as salary is low'. Out of curiosity, I asked the salary in DM and the salary was more than what I was earning. So this puts me in a self degrading situation and hence I want to know the salary of fellow 2017 MBA grads.
Please mention the college name if possible.

Salary Comparison 2017 MBA batch

No hate but this is one of the worst things to do for one's mental peace, so many people will have FOMO because of this, including you.  
  
 I know people who stopped participating on Fishbowl because of this, with techies always asking about salaries, investments and what not. 
  
 If your salary is good enough for you, why worry about what others are earning, buddy.  
  
 I once heard a school senior speak on the topic "Why is his shirt whiter than mine?" for an extempore speech and I can't help but recall what they said - Be it anywhere, someone's shirt will always be whiter than yours. The question is, if your shirt is reasonably white and you and those close to you appreciate you while wearing it, does it matter what others are wearing?

Investment Manager

Growth Manager

Pedigree is a must (IIT's)! ! 🐶

God give me confidence like this 😭

After lay off, just posting a short statement will justify the reason?

Unacademy clearing the air?

Insight #1:
"Build as much pedigree as you can."

This means going to the right schools, the right clubs, the right academics and the right extra-curriculars.
This also means that you need to get good brands on your resume early and fast. Working in NA, EMEA, Singapore and Australia is typically a plus point.

You typically need to go to M7 schools or IIM-BLACKI or ISB to even have a remote shot at getting in.
This means great GRE/GMAT scores are a necessity. This also means that you need to really nail your LORs. Finally, you need to have exceptional spikes that changes the way people perceive you and your potential translating into a resume. 

Insight #2:
"They care about optics a lot."
The way you look, speak and conduct yourself is probably the biggest thing you can do to improve your odds of getting in. Being at the right places is important. This means if you are already in social circles with Management Consulting folks then some of their habits will rub off on you. This also means that playing Tennis, going to the Gym, going Golfing/Squash/ whatever rich guy sport, the right parties, restaurants and clubs is an underrated advantage.


Insight #3:
"Prepare for Case Interviews"
Case interviews are a crucial part of the consulting recruitment process. Practice solving case studies and seek guidance from mentors or resources to improve your case interview skills. 'Case in Point' is your fucking bible and you need to make sure that you can work your way around guesstimates and reach a conclusive solution in an insight driven manner.

Insight #4:
"Be prepared to walk away."

MBB is not the end of the world and you can out do your peers in terms of Money earned per unit effort spent easily in other fields. So, don't care about what happens. Double down on your Plan B instead.

But if you want to travel the world, walk shoulder to shoulder with some of the smartest people in the business then it is not a bad option. 

Picture: From one of my trips to Bangalore(2023)

How to get into McKinsey, Bain and BCG as a Management Consultant? -By an ex-Management Consultant at Bain

Management Consultant

Welcome to Confessions's Private Community

I was into a founder’s office. Working closely with the leadership team of a funded Agri-tech startup (Which shall strictly remain anon in this post)

Does it happen to others the same way as it did to me?

I was one of the first FOs in the org and I was trying to figure what is up with this startup.

About 21 days in to company, I was helping a co-founder with a report that has to go out to investors.

I open up the metrics dashboard to enter numbers when he said “he knew the figures by heart”, so we began entering metrics like GMV and others. These were 5x of my range.

I said we should just double check ? He said there are factors in the formula that I have not considered at all and I finish the report as per the numbers he gave me.

Confused, I later dared to ask the lead PM how are we computing GMV. And told him about my dilemma to tell the founder we need to just double check his calculations.
Bless my naiveté.

He had a nervous smile and told me we report numbers that keep the startup exciting and afloat. We will catch up very soon with them.

The next morning, the founder also took me for a meeting and explained how doing this is important for everyone in the company to succeed.

I was very scared but lived in an autopilot of nervousness for 6 months. Part-took in it while being scared of going to prison myself.

I felt a terrible dread in my stomach in every interaction with with the admin and CA teams since in my first interaction I came across what I sensed to be a big fake bill. Was I blind to miss everyone in the office get a new chair the last month?

I never asked doubts on the money numbers the CA team gave me. But had reasons to doubt it basis other business data I had access to.

Everyone seemed to be on the same kind of auto pilot, good people who had never done anything wrong before this as far as I knew. Everyone considered leaving the culture and toxicity every week. 

The day I left, I had the email of the investors of the company since I’d emailed them countless decks and reports. I really wanted to drop an anonymous email revealing what I knew to them but I was afraid of the following repercussions to my career and I let the matter go.

Reporting fake GMV and more

Looks like you had a ‘Haat’ time working there

Recruiter

Investment Associate

Context: 

I was reading a post where the OP mentioned verifying fake internships, but how is that even possible? Wouldn't they verify with the companies? I can understand faking a PoR, but even that should be difficult. Faking any kind of internship should be nearly impossible. It might be possible to craft a convincing story, but if they conduct a background check, it will be exposed, regardless of how believable the story is.

And OP is from IIM-C!!!

How is it even possible to fake work experience?

IIMboacki 2y or 1y package is less than masters union 1y course!!!

Do u agree or have any perspective?

35 Lpa Avg Package at Master's Union >> IIM blacki

1. “Powered by Masters Union”, not news but PR by them 
 2. Batch size not given  
 3. 20% placed in founders office roles.😂😂 
 Don’t trust MU for the next 2 3 years. Phir sab nikal jaayega

Really hoping this person isn’t actually Bain + IIMC

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