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Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
Alternative Internships 15 02 11
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Alternative Internships 15 02 11

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  • 1. +Alternative summerinternship pathwaysto consulting 15 February 2011 J-P Martins, AD Consulting Careers
  • 2. + Agenda for today Top of mind issues – why are you here? Panel Pathways to a permanent consulting offer – timings & stats Types of alternative internships for aspiring consultants What should you be doing now? Consulting Careers Team support (& wider Career Services)
  • 3. + Top of mind issues – why are you here? Ideally, I still want to secure a Summer Internship with a firm of Management Consultants….. If I can’t do that, I want to do a Summer Internship that will put me in a good position to secure a full-time Management Consulting offer in the Autumn… But, I’m really concerned that if I didn’t get a Summer Internship with a Consulting Firm, I won’t get a Full-Time Offer either….. And I’m aware the job market is difficult, and I’m not sure how I should alter my strategy to take this into account Anything else?
  • 4. + Agenda for today Top of mind issues – why are you here? Panel Pathways to a permanent consulting offer – timings & stats Types of alternative internships for aspiring consultants What should you be doing now? Consulting Careers Team support (& wider Career Services)
  • 5. + Panel Student Internship Permanent Offers Summer Consulting Sushant Kumar Accenture Team Abhay Majithia Shell McKinsey Carlos Varela Endeavour BCG
  • 6. + Panel questions n  Which consulting and other firms did you apply to for your summer internship? n  Where and when did you eventually source your internship? n  What do you think made the biggest difference to you getting your permanent offer in the autumn? n  Other?...
  • 7. + Agenda for today Top of mind issues – why are you here? Panel Pathways to a permanent consulting offer – timings & stats Types of alternative internships for aspiring consultants What should you be doing now? Consulting Careers Team support (& wider Career Services)
  • 8. + Back in the Autumn, I showed you that the chances of an offer were low for a typical top tier firm Illustrative Top Tier Recruiter
  • 9. + Most internship offers only come through from April onwards…Note: Chart shows % of 1st years that have accepted an internship offer over time; real data for a recent year
  • 10. + …but management consulting internships are usually finalised relatively early January February March April May June Management On-Campus Consulting & We are here in the Presentations recruitment cycle Finance Interviews Offers Summer Internships Posted on Portal Industry On-Campus Presentations Interviews Offers Summer Internships Posted on Portal
  • 11. + In the past 4 years, roughly 25%of students got consulting internships, but many of these come from ‘non-traditional’ consulting roles 100 96 96 98* Function not recorded; data shown represent % of students; source: MBA Employment Reports
  • 12. + 61% of last autumn’s permanent consulting hires were not returning to the firm where they internedNote: Chart shows numbers of MBA2011s accepting consulting offers, split between returning interns and others
  • 13. + Firms differed last year in terms of numbers of autumn offers and % ‘new’ % Offers to Non-Interns New Offers in Autumn Term Total Offers in Autumn TermNote: Charts show data for MBA2011s; excluding sponsored students
  • 14. + MBA2010 stats suggest there are plenty of permanent opportunities for smart career switchers and ‘non-traditional’ interns
  • 15. + Agenda for today Top of mind issues – why are you here? Panel Pathways to a permanent consulting offer – timings & stats Types of alternative internships for aspiring consultants What should you be doing now? Consulting Careers Team support (& wider Career Services)
  • 16. + There are many great potential ‘second choice’ internships Potential Summer Internships Example Companies Boutiques, Functional Consultancies WhatIf!, Wolff Olins Summer Consulting Team London Business School (6 - 8 jobs) Interim (Consulting) Recruiters Eden McCallum, Mindbench, Holker Watkin Internal Consulting in Industry or Finance Shell, Deutsche Post, BT, Eli Lilly, BAA Corporate Development /Strategic Vodafone Group, Tesco Plc, American Express, Planning in Industry or Finance Discovery Networks, Skype, DHL Worldwide, UPS Marketing/Business Development in Nippon Ericsson, Coca Cola, Sony, American Express, Industry or Finance Diageo, Disney, J&J, Syngenta, Pepsico High Profile Leadership Programmes with Coca-Cola great brand names Not-For-Profit UNLimited, TechnoServe, United Nations, Amnesty International
  • 17. + Agenda for today Top of mind issues – why are you here? Panel Pathways to a permanent consulting offer – timings & stats Types of alternative internships for aspiring consultants What should you be doing now? Consulting Careers Team support (& wider Career Services)
  • 18. + Sourcing a summer internship Jobs/projects including consultancy Use networking sites to search for positions will be posted on Career open jobs, companies to target & Central - check daily contacts (e.g., www.linkedin.com) n  Also use CC to search for archived internship postings – think about Attend any Career Services job events contacting some of these companies – details will be on Career Central speculatively before they post? Personal Networking (alumni in target companies, fellow MBAs including MBA 2011, EMBAs/Sloans/MiFs, at school Summer Recruitment Evening events, friends & family) Thursday 5 May Search targeted jobs websites, e.g., top- consultant.com Check press adverts – these can Headhunters & Recruitment Agencies: indicate which companies are still probably won’t provide a ‘packaged’ hiring & provide leads to make internship, but may be able to provide you with interim project or consulting speculative applications work
  • 19. + Agenda for today Top of mind issues – why are you here? Panel Pathways to a permanent consulting offer – timings & stats Types of alternative internships for aspiring consultants What should you be doing now? Consulting Careers Team support (& wider Career Services)
  • 20. + Support from the Consulting Careers Team ances Three DIY tools to assist you: 1 Assess your ch n  Strategy Consulting CV screening/scoring guide n  Self-diagnosis guide 2 Where did you fall down? n  Networking action planner 3 Build yo These will be available in the following ways: ur netw o rk n  Portal n  Club Discussion Forum n  My blog (www.problemssolved.org) 1:1 sessions with a consulting specialist covering these topics will be available to students that bring completed drafts of the relevant tools – sign up on Career Central n  J-P or Gavin (will post these on Career Central later this week)

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