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)

November 15th, 2017

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

• rganizations

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

A c c e n t u r e A . T . K e a r n e y B a i n B C G D e l

• i

t t e I B M G l

• b

a l I M S c

• n

s u l t i n g I n f

• s

y s K P M G L E K M c K i n s e y P W C P f i z e r G N F S t a n f

• r

d U C S D S a l k 50000 100000 150000 200000 250000

Salary ($)

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

Business Analyst/ Associate Consultant 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 Time Interviews

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