Is Consulting Right For You? The Experience Factor (Video 2 of 2)

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  • Опубліковано 25 лип 2024
  • Management consulting firms are looking at several factors when it comes to work experience: brand name experience, analytical ability, business understand, and distinction. Do you have what they are looking for? If not, what can you do about it?
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    Partial Transcription:
    Welcome to Management Consulted I'm
    Jenny Rae the Managing Director and
    today our focus is part two of a
    two-part series on is consulting right
    for you we've covered education before
    today is the experience edition we're
    gonna focus on four key ways that you
    can enhance and communicate your
    experience in order to be effectively
    prepared for consulting the first thing
    that firms look for when they're
    interested in a prospective consultant
    is that you have done brand name work in
    the past this is critical because the
    firms are interested in understanding
    not only did you go through a rigorous
    branding process but also have you been
    trained at a brand name company and the
    name and the brand of the firm will
    communicate to them the quality of the
    experience that you've had if you've got
    choices in terms of internships or
    externships go brand name it's always
    going to benefit you and it's much
    easier to do something a little Wilder
    and renegade afterward however if you
    haven't thought about a brand name
    experience there are lots of ways to get
    brand name experiences over a short
    period of time things like one week
    experiential externships or even
    shadowing engagements for a branding
    company the second factor is analytical
    ability so the key focus here is on
    doing the type of work that you would be
    doing as a consultant in general they're
    looking for you to run an Excel model to
    do market research or to create
    presentations ideally all three of those
    some of the best proxies and non
    consulting work is often work inside an
    internal strategy group they're also
    really happy with investment banking
    experience because you've honed in
    particular the presentation and the
    financial modeling segments some of the
    key focuses on the analytical ability
    are would you not only enjoy but would
    you be good at the job that you would be
    required to do as a consultant you
    having done these does not have to be
    for a brand name firm it could be for a
    company like a startup sometimes
    startups are excellent ways to get great
    experience and analytical ability...

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