Consulting 101

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Consulting 101
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Presentation Agenda

• What is Consulting?
• Who? What? When? Where? Why?
• Lifestyle the Good, the Bad, and the Ugly
• Getting a Job
• Networking
• Case Interviews
• Timelines MBA1, Langone

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What is Consulting?

• Product / Service Ability to solve business
  problems.
• Team-based Work
• Clients leaders of corporations, governments,
  and non-profit groups.

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Consulting Firms

• Focus Strategy, IT, HR, etc.
• Industry Healthcare, Financial Services, etc.

• McKinsey Company
• Boston Consulting Group
• Bain Company
• Booz Allen Hamilton
• Monitor Group

• Mercer Oliver Wyman
• Deloitte Consulting
• Accenture
• Kurt Salmon
• Roland Berger

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Why Hire Consultants?

• Lack of Knowledge or Skills
• Flexible Labor Pool
• Fresh Perspective
• Politics

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Typical Week

• 3-4-5 Rule
• Activities Interviews, meetings, research, data
  analysis, building decks.
• Excel Powerpoint

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Lifestyle the Bad and the Ugly

• Travel
• Hours
• Vs Banking
• on the beach
• Consulting What is it again?
• Implementation

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Lifestyle the Good

• Challenging Work
• Smart people
• Career development
• Training Variety
• Access to Management
• Jumping to Industry

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Additional Resources

• http//www.mckinseyquarterly.com/
• http//www.strategy-business.com/
• http//www.consultingmag.com/
• http//www.wetfeet.com/
• http//www.vault.com/

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Research

• Is Consulting for You?
• Which Firms?
• Sound like an Insider
• Consulting Lingo
• Trends and Current Topics

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Getting a Job

• Your Story
• Why Consulting? Why Our Firm?
• Be Genuine
• Networking
• Case Interviews

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Networking

• Corporate Presentations MCA Events
• Alumni SWAP CAP
• Ask Smart Questions
• Dress Etiquette

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Case Interview

• Various Formats
• Casing Boot Camp
• Books
• Case in Point by Marc P. Cosentino
• Crack the Case by David Ohrvall
• Mastering the Case Analysis by Alexander Chernev
• WetFeet Guides (Ace Your Case I to VI)
• The Vault Guide to the Case Interview

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MBA1 Timeline
January 2008 Casing Practice Mock Interviews Ace
Interviews!
November 2007 Casing Boot Camp Corporate
Presentations Networking
September 2007 Research Resume Story
Summer 2008 Start Internship!
December 2007 Resume Drops Casing Practice Mock
Interviews
October 2007 Casing Boot Camp Corporate
Presentations Networking
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Langone

• Overcome Disadvantages
• Langone Professional Development Program (LPDP)
• Start Early!
• Stern Consulting Corps (SCC)
• Casing Practice, practice practice!

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Langone Timeline
Fall 2008 LPDP Recruiting Ace Interviews!
Spring 2008 LPDP Workshops Networking
Summer 2007 CCWP Workshops Research SCC
Fall 2009 Start Job!
Summer 2008 CCWP Mock Interviews Casing Boot
Camp Networking
Fall 2007 Research SCC Casing Boot Camp