1. +
Alternative summer
internship pathways
to 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 interned
Note: 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 Term
Note: 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)