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Advanced Professional Degree Consulting Info Session Agenda APDCC and Consulting Intro (5:30pm) Panel Discussion (6pm) Open Q&A (6:45pm onwards) November 15 th , 2017 Please sign-in
Advanced Professional Degree Consulting Info Session
AgendaAPDCC and Consulting Intro (5:30pm)Panel Discussion (6pm)Open Q&A (6:45pm onwards)
November 15th, 2017
Please sign-in
Outline
• What is APDCC?• Management Consulting
– What?– Who?– Why?– How?– When?
• Consulting opportunities
What is APDCC?
• Interdisciplinary organization that provides guidance to advanced degree holders interested in learning/pursuing a consulting career
• Open to students/post-docs from UCSD and research institutions on the mesa
• Over 450 members – Strong alumni network– Members have been placed in McKinsey, BCG, LEK, ClearView
and ZS Associates among others
APDCC Executive Team
Lindy JiangPresident
Lennart LangoucheVP (External Affairs)
Chloe AutranVP (Pro-bono consulting)
Fernando Sanchez VP (Career Development)
Ruichen SunVP (Internal)
Yao Jiang Manager (Alumni Affairs)
Kao-Chien WangManager (Marketing)
Sibai XieManager (Technology)
Lang Cui Club Ambassador
What is Management Consulting?
• Management Consulting is the process of helping companies succeed by advising them on the best practices to implement
• Diverse range of services provided :
COMPANY SUCCESS
Organization
Strategy
Finance
Operations
Information Technology
Marketing
Mergers and Acquisitions
Human Resources
Sustainability
Who are these Consulting firms?
Adapted from - Different Types of Consulting Firms - PrepNut
Three main types of Consulting firms:
Large, diversified organizations
Mid-sized strategy firms
Small, boutique firms
• wide range of services
• very strong IT
Implementation
expertise, or specialize
in auditing and
accounting services
• Accenture, Deloitte,
IBM Global Services
• Only management
consulting
• Span multiple industries:
technology, healthcare,
pharma, retail, financial
services
• Mckinsey & Company,
Bain & Co., BCG, LEK
Consulting
• Focused areas of
consulting expertise
• Hire people with
special training
• ClearView, Opus
Three, ProPharmaCon,
DeciBio
Why Management Consulting?
Alternative career to a PI track
Enables easy transition into
another industry/career
Always learning something new and
at a rapid pace
Prevents being stuck in a “dead
end” project
Learn about the workings of numerous industries
Build relations with client senior
management and strong professional
network
Travel the world! Work is meaningful and impactful
Better compensation than
a Post-Doc
Accen
ture
A.T. K
earn
eyBainBCG
Deloitt
e
IBM G
lobal
IMS co
nsultin
g
Infosy
s
KPMGLEK
McKinse
yPW
CPfiz
erGNF
Stanfo
rdUCSD
Salk0
50000
100000
150000
200000
250000
Salary for new hiresSa
lary
($)
payscale.com and managementconsulted.com
Salary ranges differ immensely!
Why Management Consulting?
Consultant
Post-Doc
P<0.000123
What personal characteristics do consultants possess?
Source - Management Consulting: A Guide to the Profession.
Analytical
Good interpersonal skills and stable personality
Take initiative Ability to motivate and lead
Tolerance for ambiguity
Ability to manage stress
Integrity, sincerity and professionalism
Ability to communicate effectively
Intellectual and emotional maturity
What personal characteristics do consultants possess?
Source - Management Consulting: A Guide to the Profession.
Analytical
Good interpersonal skills and stable personality
Take initiative Ability to motivate and lead
Tolerance for ambiguity
Ability to manage stress
Integrity, sincerity and professionalism
Ability to communicate effectively
Intellectual and emotional maturity
What can I expect at work?
Typical work week is 50-60 hrs
Most big firms have consultants working on client site
Constantly learning something new
Constantly increasing business acumen
Good people skills and personality
Required to be act and dress professionally
BusinessAnalyst/
AssociateConsultant
Managing Consultant/
Project Leader
Principal Leader
Director/ Partner
Undergrads & Master’s
MDs, PhDs, MBAs
6-12 years
Management Consulting – Career Path
• Upper Management in firms• Entrepreneurship• Non-Profit• Financial Sector• Public Sector• Governance
How to become a Consultant?
Leverage the skills developed during graduate school
Acquire new skills
Expand your network
Practice cases
Practice interviewing
Applications
Get job!!! J
Adapted from immpressmagazine
• Introduction to interviewer
• Fit Interview
• Case interview
• Questions
0-2min
2-10min
10-40min
40-45min
The interview process
• Do you have the skills and knowledge to get work done?
• Can you communicate clearly under pressure?
• Will you fit in the team?
• Are you likeable?
• Can we trust you in front of a client?
Timeline for applying
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Typical joining dates are in the Spring/Fall of the following year (2019)
So, for 2018
Apply for Externships
- McKinsey Insight - Bridge to BCG- Connect to Clearview
Apply for Full Time
Consulting Projects and Case Practice
Full TimeInterviews
Inform
Info-sessions
Networking Nights
Newsletter
Application
Workshop
Alumni
Resume Books
Fit Interview
Workshop
Fit Interview Database
Webinars
Case Interview
Workshop
Casebook
Weekly Case
Practice
How can APDCC help you?
Experience
8-10 week consulting projects
Case Competition
• About 20 completed projects (~10 for Biotech)
• Typical Team Composition:
– 1 advisor + 1-2 group leader(s) + 3-6 analysts
• Weekly meetings, 3-5hrs weekly time commitment
• Benefits to you –– Hands on experience of being a part-time consultant
– Exposure to challenges faced by start-ups
– Direct interaction with upper management in companies
– Builds resume, network, business acumen, etc.
Initial Meeting (identify scope and
goals)
Mid-point Alignment
Review
Final Presentation(8-10 weeks)
Consulting projects
APDCC previous clients
Upcoming consulting projects
• Go, Baby! – Starting this month
– Customer segmentation and competitive market analysis
• Coastar Therapeutics– Starting this month
– Market size and competitive market analysis
• 4Justice – Starting this month
– Market research and competitive market analysis to
establish platform for client
Newsletter
Thank you!
Contact: [email protected]
Website: http://apdconsultingclub.org/
Project leading: Chloe Autran [email protected]
