Management Consulting Essential Training

Management Consulting Essential Training

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

Nothing except a positive attitude!

Description

**Updated for 2023!**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 consultantExtensive Case studies: To help you reinforce everything you’ve learnedWhy should you consider a career as a management consultant?Salary. A management consultant job usually leads to a very well-paid careerPromotions. Management consultant acquire valuable technical skills, which makes them the leading candidates for senior roles within a corporationSecure Future. There is high demand for management consultant on the job market, and you won’t have to be concerned about finding a jobGrowth. This isn’t a boring job. Every day, you will face different challenges that will test your existing skillsYou 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.

Overview

Section 1: Introduction

Lecture 1 Welcome

Lecture 2 What you should know before watching this course

Lecture 3 How to use this course

Section 2: Management Consulting Fundamentals

Lecture 4 This is what being a management consultant actually means

Lecture 5 Pick the right types of consulting firms to work for

Lecture 6 Reasons to learn or work in management consulting

Lecture 7 Management consulting career path and skills

Lecture 8 A peek inside the life of a consultant

Lecture 9 What do management consultants like McKinsey actually do

Lecture 10 Consulting process

Lecture 11 How to become a management consultant

Lecture 12 Understand the recruiting process

Lecture 13 Recruiting timeline

Lecture 14 Download the editable Harvard-format consulting resume template

Lecture 15 Resume tips from McKinsey

Lecture 16 Additional resources to understand consulting industry

Section 3: Explore Management Consulting Cases

Lecture 17 Understand consulting cases

Lecture 18 Why do consulting firms give case interviews

Lecture 19 Case interview process

Lecture 20 Steps to solve a consulting case

Lecture 21 Types of management consulting cases

Lecture 22 Case types

Lecture 23 Understand business cases

Lecture 24 What is a decision tree and how to use it

Lecture 25 Why to create hypotheses with decision tree

Lecture 26 McKinsey vs. BCG case

Lecture 27 How to succeed in case interviews

Lecture 28 More case studies from top universities

Lecture 29 Additional resources for case prep

Lecture 30 Free gift worth $199

Section 4: Profitability Case

Lecture 31 What’s profitability

Lecture 32 How to increase profitability

Lecture 33 Case – Help Netflix increase profitability

Lecture 34 Wrap up

Lecture 35 Case – Help MCM increase volume sales

Lecture 36 Wrap up

Lecture 37 Case – Revenue drops of a restaurant in New York

Lecture 38 Wrap up

Lecture 39 Case – German power utility profit drops

Lecture 40 Wrap up

Section 5: Industry Analysis

Lecture 41 What’s industry analysis

Lecture 42 Case – Help Ogilvy & Mather analyze consulting industry

Lecture 43 Wrap up

Lecture 44 Case – What kind of companies they are

Lecture 45 Wrap up

Section 6: Market Entry

Lecture 46 What’s market entry

Lecture 47 How to enter a new market

Lecture 48 Case – Should BMW enter Mongolian market

Lecture 49 Wrap up

Lecture 50 Case – Help a consumer product client design a market entry strategy

Lecture 51 Wrap up

Section 7: Capacity Expansion

Lecture 52 What’s capacity

Lecture 53 Understand the capacity in human resource

Lecture 54 Understand the capacity in production

Lecture 55 Case – Help Pere Ocean decide whether they should increase capacity

Lecture 56 Wrap up

Lecture 57 Case – Ford production problem

Lecture 58 Wrap up

Lecture 59 Case – Understand the industry cost curve

Lecture 60 Wrap up

Section 8: Merge and Acquisition

Lecture 61 What’s merge and acquisition

Lecture 62 How merge and acquisition works

Lecture 63 Case – Is buying Yammer a good deal for Microsoft

Lecture 64 Wrap up

Lecture 65 Case – Calculate the synergies in merge and acquisition

Lecture 66 Wrap up

Section 9: Investment

Lecture 67 What’s investment

Lecture 68 Case – Should GP Investment build a new football stadium in Brazil

Lecture 69 Wrap up

Section 10: Organization Behaviors

Lecture 70 What’s organizational behaviors

Lecture 71 Case – Measure your division’s operating efficiency

Lecture 72 Wrap up

Section 11: Brainstorming Cases

Lecture 73 What’s brainstorming

Lecture 74 Where brainstorming fits in a strategy study

Lecture 75 Where brainstorming fits in a case interview

Lecture 76 How to brainstorm

Lecture 77 Case – Brainstorm why the revenue of a fitness club declined sharply

Lecture 78 Wrap up

Lecture 79 Case – Economic impact of arts

Lecture 80 Wrap up

Lecture 81 Case – How to reduce costs of RAV4

Lecture 82 Wrap up

Lecture 83 Case – How to increase FedEx parcel revenue

Lecture 84 Case – How to increase Burberry sales worldwide

Lecture 85 Case – Brainstorm what a company should do with excess cash

Lecture 86 Case – Why steel supplier fragmentation is a problem in a bear market

Lecture 87 Case – Options available for the CEO to expand into electronic publishing

Lecture 88 Case – How a CEO should price a new contraceptive requiring 1 pill per month

Lecture 89 Case – Brainstorm why IT budgets typically go over budget and scope

Lecture 90 Case – Why GAP costs rose in the recession

Lecture 91 Case – Why reality TV is so popular

Lecture 92 Case – Why airlines are hesitant to serve Sushi on flights

Lecture 93 Case – How a Telco can be more efficient

Lecture 94 Case – Brainstorm the impact of opening a casino

Lecture 95 Case – Brainstorm the ways Frankfurt can improve its global image

Lecture 96 Case – How the IRS can reduce the tax evasion rate

Lecture 97 Case – Brainstorm how to increase your salary

Lecture 98 Case – Why US ice cream consumption increased during the recession

Section 12: Estimation

Lecture 99 What’s estimation case

Lecture 100 How to solve an estimation case

Lecture 101 Estimate the advertising revenue of Spotify in a year

Lecture 102 How Many Gas Stations Are Needed in Germany

Lecture 103 Estimate Paint Used on iPhone Worldwide

Lecture 104 How many people fly in and out of O’Hare International Airport

Lecture 105 Estimate the ticket revenue of Real Madrid generate in a single season

Lecture 106 How many photo uploads on Facebook in a year

Lecture 107 Estimate the market value for BMW vehicles in Mongolia

Lecture 108 Estimate the market value of Louis Vuitton women bags and luggage in Shanghai

Lecture 109 Estimate high-end measure to make clothing market size in China per annum

Lecture 110 Estimate market value of US online magazine for men

Lecture 111 Estimate the market size for bottle beer consumed in Japan per annum

Lecture 112 How many red delicious apple sold in U.S. each year

Lecture 113 Market value for diabetes treatment Canada

Lecture 114 What tax would UnitedHealth pay per year

Lecture 115 Value of SMSs in Thailand per annum

Lecture 116 Market size of Tesla Powerwall in the United States

Lecture 117 Estimate the bubble gum market size in US

Lecture 118 Section conclusion

Section 13: Conclusion

Lecture 119 Next steps

Lecture 120 A final note: How to become a great management consultant

Lecture 121 Management consultant reading list

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

Course Information:

Udemy | English | 8h 51m | 1.46 GB
Created by: John Burress

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