Advanced Professional Degree Consulting Info Session Agenda APDCC - PowerPoint PPT Presentation

Advanced Professional Degree Consulting Info Session Agenda APDCC and Consulting Intro (5:30pm) Panel Discussion (6pm) Open Q&A (6:45pm onwards) Please sign-in November 15 th , 2017

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 Jiang Ruichen Sun Lennart Langouche President VP (Internal) VP (External Affairs) Chloe Autran Fernando Sanchez Yao Jiang VP (Pro-bono consulting) VP (Career Development) Manager (Alumni Affairs) Kao-Chien Wang Lang Cui Sibai Xie Manager (Marketing) Club Ambassador Manager (Technology)

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 : Information Technology Operations Marketing Mergers and Finance COMPANY Acquisitions SUCCESS Human Strategy Resources Sustainability Organization

Who are these Consulting firms? Three main types of Consulting firms: Large, diversified Mid-sized Small, boutique organizations strategy firms firms • Only management • wide range of services • Focused areas of consulting • very strong IT consulting expertise • Span multiple industries: Implementation • Hire people with technology, healthcare, expertise, or specialize special training pharma, retail, financial in auditing and • ClearView, Opus services accounting services Three, ProPharmaCon, • Mckinsey & Company, • Accenture, Deloitte, DeciBio Bain & Co., BCG, LEK IBM Global Services Consulting Adapted from - Different Types of Consulting Firms - PrepNut

Why Management Consulting? Enables easy Always learning Alternative career to transition into something new and a PI track another at a rapid pace industry/career Build relations with Learn about the client senior Prevents being workings of stuck in a “dead management and numerous strong professional end” project industries network Better Work is meaningful Travel the world! compensation than and impactful a Post-Doc

Why Management Consulting? Consultant 250000 200000 P<0.000123 Salary ($) 150000 Post-Doc 100000 50000 0 e y n G e l g s G K y C r F d D k a e r e t y e l i n N r E W S C M a t b a u z o n s s i i G B o L i C S B o t t P f o n P r f l n n a l l u P U G f K i e e K a e n s D c t K I n c M S c o M A . B T c I . A S M I Salary ranges differ immensely! payscale.com and managementconsulted.com

What personal characteristics do consultants possess? Intellectual and emotional Good interpersonal skills and stable personality maturity Analytical Tolerance for ambiguity Ability to motivate and lead Take initiative Ability to manage stress Ability to communicate effectively Integrity, sincerity and professionalism Source - Management Consulting: A Guide to the Profession.

What personal characteristics do consultants possess? Intellectual and emotional Good interpersonal skills and stable personality maturity Analytical Tolerance for ambiguity Ability to motivate and lead Take initiative Ability to manage stress Ability to communicate effectively Integrity, sincerity and professionalism Source - Management Consulting: A Guide to the Profession.

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

Management Consulting – Career Path Undergrads MDs, PhDs, & Master’s MBAs Managing Business Consultant/ Principal Director/ Analyst/ Consultant Project Leader Partner Associate Leader • Upper Management in firms 6-12 years • 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

The interview process • Do you have the skills • Introduction to interviewer and knowledge to get 0-2min work done? • Can you communicate • Fit Interview clearly under pressure? 2-10min • Will you fit in the team? • Case interview • Are you likeable? 10-40min • Can we trust you in • Questions front of a client? 40-45min

Timeline for applying Typical joining dates are in the Spring/Fall of the following year (2019) So, for 2018 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec - McKinsey Insight Full Time Apply for - Bridge to BCG Interviews Externships - Connect to Clearview Apply for Full Time Consulting Projects and Case Practice

How can APDCC help you? Fit Case Inform Application Experience Interview Interview 8-10 week Info- Workshop Workshop Workshop consulting sessions projects Fit Networking Case Alumni Interview Casebook Nights Competition Database Weekly Resume Case Newsletter Webinars Books Practice

Consulting projects • 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 Final Initial Meeting Mid-point Presentation (identify scope and Alignment goals) Review (8-10 weeks) • 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.

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: apdccucsd@gmail.com Website: http://apdconsultingclub.org/ Project leading: Chloe Autran chloe.aut@gmail.com