Confessions of a Deloitte Consultant

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Confessions of a Deloitte Consultant

  1. 1. Welcome to the Evisors Webinar Visit us online at www.evisors.com Thinking Strategically: Careers in Consulting featuring Ben Schumacher Hosted by: Career Advisors on Demand..com/webinars
  2. 2. Thinking Strategically: Careers in Consulting About Ben Overview of the Industry How to Research the Industry What are Firms Looking For? What to Expect in the Recruiting Process What to Expect in the Interview Q&A Hosted by: Career Advisors on Demand..com/webinars
  3. 3. About Ben • Kentucky native – Go Wildcats • Washington University in St. Louis grad • 2006-2009 Deloitte Consulting, Strategy & Operations • 2009 Instituto Exclusivo, Bolivia, Internal Consultant • 2009 – 2011 Harvard Business School • Summer 2010 McKinsey & Company • Independent consultant for organizations such as Save the Children and Achievement First Charter Schools • 2011+ Teach for America, Leadership Fellow and Director of Strategy • Avid Words with Friends/Scrabble competitor Hosted by: Career Advisors on Demand..com/webinars
  4. 4. Thinking Strategically: Careers in Consulting About Ben Overview of the Industry How to Research the Industry What are Firms Looking For? What to Expect in the Recruiting Process What to Expect in the Interview Q&A Hosted by: Career Advisors on Demand..com/webinars
  5. 5. Overview of the Consulting Industry The Elite • McKinsey & Company • BCG • Bain • Monitor • Booz IT & Implementation • Deloitte • Accenture • IBM • Other accounting firms Independents • …Too many to name! Boutique/Niche • Corporate Executive Board • Oliver Wyman • William H Mercer Hosted by: Career Advisors on Demand..com/webinars
  6. 6. Thinking Strategically: Careers in Consulting About Ben Overview of the Industry How to Research the Industry What are Firms Looking For? What to Expect in the Recruiting Process What to Expect in the Interview Q&A Hosted by: Career Advisors on Demand..com/webinars
  7. 7. How to Research the Industry • Company website • Vault Guides – Career Guide to Consulting – Top 50 Consulting Firms • Wetfeet guide • Career Services and Clubs • Classmates, alumni, family • Regional conferences and networking events • External news source – The Economist – Wall Street Journal – Financial Times Hosted by: Career Advisors on Demand..com/webinars
  8. 8. Thinking Strategically: Careers in Consulting About Ben Overview of the Industry How to Research the Industry What are Firms Looking For? What to Expect in the Recruiting Process What to Expect in the Interview Q&A Hosted by:See the rest at evisors.com/webinars/webinar/5
  9. 9. What are Firms Looking For? • A habit of excellence and impact • Evidence of strong leadership capability • Project and people management ability • Facility with analytics and critical thinking • Strong communication skills for client leadership • Global and/or industry experience • A proactive disposition • Immediate deployability • Ability to work hard, work fast, and work with a view to the “80-20” • Cultural fit • Industry and Company Knowledge • The airport test • People that are awesome Hosted by:See the rest at evisors.com/webinars/webinar/5
  10. 10. Thinking Strategically: Careers in Consulting About Ben Overview of the Industry How to Research the Industry What are Firms Looking For? What to Expect in the Recruiting Process What to Expect in the Interview Q&A Hosted by:See the rest at evisors.com/webinars/webinar/5
  11. 11. What to Expect in the Recruiting Process • The courting process – “it’s not you, it’s me” • Info sessions • Campus representatives – usually early consultants • Networking galore: phone calls, coffee chats, happy hours, thank-you notes – proactive networking is critical for students at non-target schools • Mock case interviews, depending on campus • A buddy system • Note: Really varies by campus. Some campuses feature well-established relationships and methodical recruiting processes. Others require a more bottom-up network- focused job search Hosted by:See the rest at evisors.com/webinars/webinar/5
  12. 12. Thinking Strategically: Careers in Consulting About Ben Overview of the Industry How to Research the Industry What are Firms Looking For? What to Expect in the Recruiting Process What to Expect in the Interview Q&A Hosted by:See the rest at evisors.com/webinars/webinar/5
  13. 13. What to Expect in the Interview • 1st Round: on-campus for target schools; phone screening for non-target schools • Final rounds in-person, usually a 45-minute 1-on-1 behavioral and case interview • Fit/Behavioral questions – Walk me through your resume – Why consulting? Why our company? – Tell me about a time when…be ready for the drilling! – What questions do you have for me? • Case Interview – Market sizing: What’s the market for beer in the UK? – Strategy: New market, new product, M&A, pricing, competitive dynamics, etc Hosted by:See the rest at evisors.com/webinars/webinar/5
  14. 14. Thinking Strategically: Careers in Consulting About Ben Overview of the Industry How to Research the Industry What are Firms Looking For? What to Expect in the Recruiting Process What to Expect in the Interview Q&A Hosted by:See the rest at evisors.com/webinars/webinar/5
  15. 15. Questions & Answers Question 1: How do you compensate for a lack of math skills in an interview? Hosted by:See the answer at evisors.com/webinars/webinar/5
  16. 16. Questions & Answers Question 2: What type of personality tends to be well- suited towards the consulting career? Hosted by:See the answer at evisors.com/webinars/webinar/5
  17. 17. Questions & Answers Question 3: What are your thoughts on international relocation? Hosted by:See the answer at evisors.com/webinars/webinar/5
  18. 18. Questions & Answers Question 4: What is the most important lesson from your consulting experience? Hosted by:See the answer at evisors.com/webinars/webinar/5
  19. 19. Questions & Answers Question 5: What did you find most surprising about consulting? Hosted by:See the answer at evisors.com/webinars/webinar/5
  20. 20. Thanks for Joining! Book your session with Ben at www.evisors.com/expert/381 Check out Ben’s book The Best Book On HBS Admissions at www.applyingtohbs.com Hosted by:See the rest at evisors.com/webinars/webinar/5

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