How to train Management Consultants & Business Analysts

Practical guide how to train the best people to compete with McKinsey, Bain, BCG, PwC, EY

Course summary

What you’ll learn

  • Design the optimal training system for you firm.
  • Produce fast and efficiently world class Business Analysts and Management Consultants.
  • Estimate the cost of training system.
  • Pick the optimal training system for your firm.
  • Implement the new training system at your firm.

Course Content

  • Introduction –> 5 lectures • 9min.
  • The ideal Business Analyst and Management Consultant –> 10 lectures • 30min.
  • Components of the training machine –> 17 lectures • 52min.
  • How big the training machine has to be –> 12 lectures • 29min.
  • How to allocate time for training –> 4 lectures • 10min.
  • How to build the training machine –> 21 lectures • 56min.
  • Conclusions –> 1 lecture • 1min.

How to train Management Consultants & Business Analysts

Requirements

  • Basic Excel.
  • Basic Economics and Finace.

Course summary

 

What is the aim of this course?

Having good people that can do great job is the fundamental thing that every consulting firm has to secure. If you a smaller consulting firm you will struggle with attracting the best and brightest. Therefore, the training process at your firm is crucial. It will help you deliver great results for your customers and scale your business. However, training Business Analysts and Management Consultants is not easy. It takes a lot of time and effort to transform a freshman into a world class Business Analyst. I had the pleasure to train numerous Management Consultants and Business Analyst that not only did a great job at consulting firms but later on went on to become partners and directors at PE funds, COO, CEO, CRO, Directors. In this course I will show you what process and tools I have been using and I will teach you how to train your Business Analysts and Management Consultants efficiently (fast and with little resources). Thanks to the approach that I will show in this course you will have a significant competitive advantage over others.

In the course you will learn the following things:

  1. How to define the profile of the ideal consultant
  2. What options are on the table when it comes to training consultants and business analysts
  3. How to estimate the costs of each every type of training
  4. How to allocate time to training
  5. How to build the training machine for your firm 

This course is based on my 15 years of experience as a consultant in top consulting firms and as a Board Member responsible for strategy, performance improvement and turn-arounds in biggest firms from Retail, FMCG, SMG, B2B and services sectors that I worked for. I have carried or supervised over 90 different performance improvement projects in different industries that generated in total 2 billion of additional EBITDA. On the basis of what you will find in this course I have trained in person over 100 consultants, business analysts and managers who now are Partners in PE and VC funds, Investment Directors and Business Analysts in PE and VC, Operational Directors, COO, CRO, CEO, Directors in Consulting Companies, Board Members etc. On top of that my courses on Udemy were already taken by more than 54 000 students including people working in EY, Walmart, Booz Allen Hamilton, Alvarez & Marsal, PwC, Dell, Walgreens and many others

I teach through case studies, so you will have a lot of lectures showing examples of analyses, tools that we use. To every lecture you will find attached (in additional resources) the Excels as well as additional presentations, materials shown in the lectures so as a part of this course you will also get a library of ready-made analyses that can, with certain modification, be applied by you in your work.

Why I decided to create this course?

Smaller consulting firms struggle with training great Business Analysts and Management Consultants. They don’t have the resources and quite often they don’t have the experience to design training system. We get a lot of questions from owner of such consulting firms regarding the training system. Consulting firms want to scale operations but for that to happen they have to also train more people. Given the turnover they also have to do it faster and cheaper than the big firms. I have been very good at transforming fast and efficiently freshmen into world class Business Analysts and Management Consultants so I have decide to share my experience and methods that helped me achieve that.

To sum it up, the course will help you scale consulting business and create a training machine that will constantly create great analysts and consultants for your practice. That is why, I highly recommend this course not only to owners, directors of consulting firms that want to scale their business. It will be also extremely useful for other professional services in which you have to train your people extensively: law firms, business process outsourcing firms, PE, VC funds.

 

In what way will you benefit from this course?

The course is a practical, step by step guide loaded with tones of analyses, tricks, hints that will significantly improve the speed of training and drastically increase the quality of the analysts, consultants that you create. There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning. Our intention is that thanks to the course you will learn:

  1. How to define the profile of the ideal employee
  2. What options are on the table when it comes to training consultants and business analysts
  3. How to estimate the costs of each every type of training
  4. How to allocate time to training
  5. How to build the training machine for your firm

You can also ask me any question either through the discussion field or by messaging me directly.

How the course is organized?

The course is divided currently in 5 sections. Currently you will find the following sections:

  • Introduction. We begin with little intro into the course as well as some general info how the course is organized
  • The ideal Business Analyst and Management Consultant. In the second section I will show you how to define the ideal profile of an employee. For that we will use management consultants as an example. We will also talk about all the element around the employee that you have to create to make sure that the business analysts / consultants are working efficiently
  • Components of the training machine. In this section I will discuss what options you can use to train business analysts and management consultants. We will discuss things like: Lesson Learnt, Project Database, Offline Courses, Online Courses, Workshops, Prob-Bono projects, Frameworks, Mentorship
  • How big the training machine has to be. In the section number 4 I will show you how to estimate the costs of training for different types of training. You will get ready made templates that you can use to estimate the costs in your firm
  • How to allocate time for training. In this section we will discuss how to allocate time to training, both content creation as well as consumption of the content created by business analysts and consultants
  • How to build the training machine. In the last section I will show you how to build the training system in practice. I will first show you the whole process and we will discuss each and every element of this process that at the end will help you deliver the target. There will be plenty of case studies that will teach you how to make certain choices when it comes to the training process.

You will be able also to download many additional resources

  • Ready-made analyses that you can use for your firm
  • Tools that you can use for your firm
  • List of useful resources
  • Links to additional presentations, articles and movies
  • Links to books worth reading

 

At the end of my course, students will be able to…

  • Design the optimal training system for you firm
  • Produce fast and efficiently world class Business Analysts and Management Consultants
  • Estimate the cost of training system
  • Implement the new training system at your firm

 

Who should take this course? Who should not?

  • Owners and Partners at consulting firms
  • Owners and Partners at law firms
  • Owners and Partners at other professional service firms
  • Directors in Business Process Outsourcing firms
  • HR Directors
  • Partners at PE or VC funds

 

What will students need to know or do before starting this course?

  • Basic or intermediate Excel
  • Basic knowledge of economics or finance