Consulting Internship Overview and Panel Discussion - PowerPoint PPT Presentation

1 / 14
About This Presentation
Title:

Consulting Internship Overview and Panel Discussion

Description:

November 29, 2005. Consulting Internship Overview and Panel Discussion. Presented by: ... Panel Discussion. 3. Recruiting Process. Timeline. Submit application ... – PowerPoint PPT presentation

Number of Views:62
Avg rating:3.0/5.0
Slides: 15
Provided by: U9
Category:

less

Transcript and Presenter's Notes

Title: Consulting Internship Overview and Panel Discussion


1
Consulting Internship Overview and Panel
Discussion
  • Presented by
  • AMA the Consulting Club

November 29, 2005
2
Consulting InternshipAgenda
  • Recruiting Process
  • Interview Preparation
  • Panel Discussion

3
Recruiting ProcessTimeline
  • Submit application beginning in mid-December
  • Résumé and cover letter
  • Some firms do not require cover letter anymore,
    instead they want your geographic preference
  • Check to see if your preferred office has an
    internship program
  • Closed list released beginning mid-January
  • Résumé plays a major factor in getting on closed
    list
  • Interactions with on-campus representatives also
    important
  • Talk to 2nd years who interned with consulting
    firms
  • Bid for open list positions if youre not on the
    closed list
  • Watch for open sign-up

4
Recruiting ProcessInterviews
  • First round interviews on campus
  • Covers all offices
  • Some firms have separate first round for Asian
    offices
  • Usually 2 interviews 30-45 minutes each
  • 2 cases with small portion of fit
  • Second round interviews
  • US offices hold interviews in respective offices
  • Asian offices conduct interviews in centralized
    location by region
  • 3-4 interviews with partners
  • 2-3 cases with 1 fit interview

5
Consulting InternshipAgenda
  • Recruiting Process
  • Interview Preparation
  • Panel Discussion

6
Interview PreparationTypes Of Interviews
Interview process is broken into a case and a fit
portion and to receive an offer you must succeed
at both interviews
Case
Fit
Offer
You do not have to nail very case
7
Interview PreparationWhat Interviewers Look For
Interviewers look for problem solving skills,
common sense and the ability to communicate
8
Interview PreparationApproach To Cases
Conclude
Analyze
Structure
Clarify
  • Understand question
  • Gather/analyze facts
  • Develop recommendations

Goal
  • Agree on major points of inquiry

Tips
  • Listen carefully
  • Ask questions
  • Paraphrase to confirm
  • Agree on priority issues
  • Make estimations
  • Public math
  • Work together (ask questions, watch for hints)
  • Remember the actual question
  • Make a recommendation
  • Synthesize your answers
  • Describe your overall approach
  • Do not dive into details straight away
  • Keep it simple
  • Be MECE

9
Interview PreparationCase Preparation
  • Form your practice teams
  • Consulting Club and/or your own teams
  • Some case books are better for reading, others
    are great for practice (Kellogg case book)
  • Once youve been given a case, you should be able
    to give it as an interviewer
  • Practice with second years and former
    consultants, once youre ready
  • Leverage the Consulting Club
  • AMA is planning a mock interview event with 2nd
    years in January
  • Memorize basic statistics
  • population, number of households, etc.
  • Practice public math
  • Read, read, read
  • WSJ, business articles and journals
  • The more you know, the more robust your
    recommendation is going to be

10
Interview PreparationFit Interview
Fit interviews are an integral part of the
recruiting process so dont underestimate it
  • First round interviews focus on cases
  • Fit is a small portion, generally 5-15 minutes
  • Second round interviews, on the other hand, test
    both cases and fit
  • At least one fit interview
  • Even during case interviews, your demeanor and
    questions give interviewers a way to test your
    fit with their firms
  • Be prepared to talk about
  • Your initiative accomplishments
  • Difficult situations/learning experiences
  • Why you want to be a consultant (work and
    lifestyle)
  • Your long-term goals, consulting and otherwise
  • Communication is key during interviews
    articulate, brevity, poise, confidence

11
Interview PreparationKnow Your Stories
  • Rehearse stories for each possible question
  • Know your resume well and be ready to create
    stories from your resume
  • Be prepared to talk to stories in detail
  • Maintain enthusiasm levels throughout Fit Case

12
Interview PreparationYour Mindset
Recruiting is similar to taking a fifth class, so
keeping a healthy mindset is important
  • Healthy prospective
  • Dealing with success and dings
  • Controlling the controllables
  • Do not obsess over particular firms
  • Realistic expectations
  • More positions for full-time than internship
  • Stay calm and relaxed - youll find a great
    internship

13
Consulting InternshipAgenda
  • Recruiting Process
  • Interview Preparation
  • Panel Discussion

14
Panel DiscussionTopics
  • Summer internship experiences by office US
    Asia
  • Clients, industries and functions
  • Culture
  • Work/life balance
  • Development
  • Recruiting process any difference
  • Post-consulting career paths
Write a Comment
User Comments (0)
About PowerShow.com