Where to Get Inspiration for Your Consulting Career

Written by . Posted in Consulting Application, Consulting Industry

The creative man

Vying for a position at any management consulting firm is not an easy job. The recruitment process is tough and your competitors are highly qualified. When you feel that the odds of being invited to an interview are against you, take a breather and look for some inspiration on the web.

Here are some websites that can provide you with a daily dose of inspiration and motivation, and some nuggets of wisdom that can encourage you to manage your challenges optimistically.

TED

At TED.com, you will find a collection of talks given by influential people such as Bill Gates, Larry Page, Al Gore, Malcolm Gladwell, and other Nobel Prize winners. Each video contains innovative ideas on technology, design, entertainment, science, global issues, and business, among others. In addition, you will hear stories about how professionals succeed in their careers, ideas that you may use once you become a consultant, and simple tips on how to live life to the fullest.

Let’s Talk About Work

Founded by Mary-Frances Winters, letstalkaboutwork.tv offers practical advice, motivation, and guidance for personal and professional development. It posts daily inspirational quotes that can get your work day started on a positive note. It also publishes work-related blog posts that help  employees resolve issues with their boss or colleagues and conducts polls where you can share your ideas on relevant issues.

Marie Forleo

Marieforleo.com is the personal blog of Marie Forleo, a marketing and lifestyle expert who helps everyone live rich, happy, and hot. Most of her blogs contain a video of her interviewing an influential or successful person. At times, she provides practical advice for questions raised by her viewers or readers. In her posts, she encourages reader interaction by asking a question  about your career, preferences, business, or life in general.

Goins Writer

Goinswriter.com is the personal blog of Jeff Goins, a writer, speaker, creative coach, and consultant. He writes about dreams, art, careers, decisions, business, and other topics that will help you become an effective person. What you’ll love about his ideas is the fact that they are presented in a very simple manner. Readers remember his tips because they are easy to apply.

Careershifters

Careershifters.org is a website for professionals who want a change in their career. Its authors aim to help readers escape from their dead-end or unfulfilling jobs by gathering expert ideas on how to find a new profession that brings you to life. It explores the reasons that keep you from following your calling and provides you with tools on how to land your dream job. It also features the stories of professionals who successfully shifted from one career to another.

Zenhabits

On zenhabits.net, Leo Babauta proves that less is more. He believes there is happiness and productivity in finding simplicity and clearing the clutter. Each week, he features a few articles on motivation and inspiration, frugality, goals, health and fitness, among others. This uncopyrighted blog may have no images, but the simple yet powerful content is more than enough.

Lifehack

Many consider lifehack.org as one of the premier productivity and lifestyle blogs on the Internet. It provides advice, resources, and tips to help you perform tasks efficiently and effectively. It contains sensible articles and provides quotes on communication, lifestyle, money, technology, work, productivity, and relationships.

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How Do Management Consultants Think?

Written by . Posted in Consulting Industry

businessmen

Management consulting is a popular industry that helps business organizations improve their performance. Many businesses seek the services of consultants as external advisors. A management consultant’s main role is to assess a company’s areas of opportunity, recommend strategic plans, and implement change to achieve desired growth and development.

Consultant’s approach problems with a different perspective than other professionals. They are hired to find the answers to seemingly unsolvable problems. So how do they do it? What goes on in a consultant’s mind?

Data is Useless Unless it Tells a Story

Data that can’t convey a story is irrelevant. That’s why consulting firms spend a generous amount of time researching and analyzing documents. Consultants are obsessed with finding valuable information from data that can be used to transform their client’s current situation. A good consultant has a natural instinct for discovering the story behind any given data. He or she recognizes that facts and statistics are not just numbers, but represent various outcomes to different situations.

Everything is Much Simpler Broken Down

Consultants perceive business operations as a series of steps, which can be broken down into subcomponents. They use diagrams and flowcharts to define the subcomponents and solve the problem.

Listening Skills are Vital

Consulting skills include more than knowledge and experience. To be successful, learning to be an active listener is a must. Consultants recognize that listening skills are vital in accumulating useful information. It is through effective listening that one can encourage others to talk freely. And the information shared by different people can contribute to more productive results.

The ability to hear and genuinely understand concerns and connect with people on a personal level is a powerful tool. A good listener knows how to present an idea in a way that will lead to successful project implementation.

Team Effort Leads to Desired Results

Ideally, a consultant has a thorough knowledge about the industry upon which to base decisions that will benefit a company. However, this does not mean that an expert should not be referred to for additional ideas. Consultants know that team effort is a vital element of any successful project. Establishing a collaborative relationship with team members is key to achieving the end goal. Good consultants are open to learning from their peers; they value the input and expertise of other professionals. Engaging and involving employees makes the consulting process much easier.

“I Don’t Know” Should Never be the Answer

Management consultants are expected to possess a high level of knowledge about various industries and never answer a question with, “I don’t know.” Those three words could harm their reputation and the prestige of their firm. Their minds are trained to find solutions. That’s why consultants continually expand their knowledge through informative materials and networking with colleagues.

However, it is also true that no one knows everything—even the most experienced consultant. “I don’t know” is still not an acceptable answer. Instead, a good consultant will say “I don’t know, but I know someone who does.” This conveys a genuine intention to find a solution to the problem.

Logic Has Nothing to Do with Numbers

Management consulting is known to attract analytical thinkers. But consultants recognize that logic does not mean solving quantitative problems. Aspiring consultants need not  have a degree in science, economics, or other quantitative subjects. While these backgrounds can serve as an advantage, they do not guarantee success.

Logic is all about thought processes—how to approach and solve a problem. Other professionals like lawyers, linguists, and historians are analytical thinkers as well, but their ideas and hypotheses are not grounded merely on quantitative elements.

Analytical thinkers can process any piece of information; however, consultants must be able to analyze a large amount of data and develop viable solutions to complicated problems.

Management consultants are an invaluable asset to any organization. Their deep insights and revolutionary solutions play a big role in the success of a business. Management consulting has definitely pushed the business sector and the economy to greater heights.

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Bain Resume Sample

Written by . Posted in Resume/CV

Bain logo

Crafting a great management consultant resume is probably one of the biggest challenges applicants face. As the consultancy employment market is extremely competitive, most aspiring consultants are qualified for the vacant position. With such steep competition, your job application must reflect outstanding professional experience, skills, and achievements.

Most aspiring consultants dream of working at global management consulting firms such as Bain & Co. And like other world renowned firms, Bain utilizes a rigorous and competitive screening process. Candidates who wish to work at this reputable company must be able to devise an interesting and relevant application.

This means you have to submit a customized resume in order to pass Bain’s initial screening process. When crafting your application, keep in mind that only a small percentage of applicants get an interview at Bain.

What Bain Looks For

To determine which candidates are eligible to move on to the interview stage, Bain developed a points system to evaluate their applicants’ educational attainment, work experience, and related extracurricular activities. Recruiters look for individuals who possess the following:

Excellent problem-solving skills Bain searches for aspiring consultants who have the ability to frame complex problems while using creative analytics to generate a pragmatic solution.
Proven leadership experience Whether work or school related, Bain places a great deal of importance on strong leadership skills and experience.
Passionate about consulting You can’t teach anyone to be passionate about something they don’t really like. In order to excel at Bain, you need to be enthusiastic and driven in solving client problems. Passion means energy and energy means achievement.
Results-oriented Bain also looks for candidates with a results-oriented track record. Regardless of your background, the firm will be impressed by the quantifiable impact you had within an organization.

Bain recruits talented and experienced professionals to fill their Associate Consultant positions from a variety of places—from colleges and universities and top graduate schools to meet-ups and networking events.

Know Your Target Firm

Before you start creating your consulting resume, allot some time to researching your target firm. Acquiring knowledge about Bain will guide you in writing your application. As your resume has to be targeted to the company and the position, obtaining information will help you build a connection with them as a potential employer. You can find relevant information on their company website including their goals, values, and other essential details.

You can also follow their social media accounts in order to stay updated on recent activities and events. You won’t be able to include all the information you find on your resume, but you will definitely benefit from the knowledge, particularly if you are selected to be interviewed.

Moreover, seek the advice of colleagues who have worked or are currently working for Bain. You may just learn relevant information about what the company is currently looking for, preferred methodology, skills, etc.

Crafting Your Bain Resume

In general, the format of a resume includes the following categories:

  • Header with personal information
  • Summary and objective
  • Work experience and achievements
  • Educational background
  • Interests/activities

However, most consulting resumes do not include a summary or objectives section. This is because as an aspiring consultant, your summary and career objectives must be clearly demonstrated through your achievements. Besides, recruiters at top-tier consulting firms like Bain are busy people; they don’t want to see any irrelevant information.

Also, remember to structure your resume to address the needs of the recruitment consultant. Place your name at the top of the page and mention your employment history in reverse chronological order, or starting with the most recent position.

Personal Information Section

In this section, mention all relevant personal details: your name, home address, email address, and contact numbers. To convey a more professional feel you can add the URL to your online portfolio or website. It is also recommended to use a larger font for your name.

In addition, make sure you provide a simple and professional email address. Using a funny  email address will not help you get a job at Bain. In fact, according to a survey titled “Confession of the Recruitment Agency,” 76% of applications that contain an unprofessional email address are rejected. It is recommended to use your first and last name when setting up an email account for business and professional use as in the example below. Lastly, ensure the contact numbers you provide are accurate and functional.

Example:

John Doe
123 Vanowen Street, Van Nuys, CA 91405 | (+145) 987-6543 | john.doe@gmail.com

Professional Experience and Achievements

When developing this section of your Bain resume, remember to include your accomplishments in addition to your responsibilities. Under each job heading, you may use bullet points to detail your achievements; make sure you mention the most impressive ones first.

Simply listing your previous position titles and role descriptions will not suffice. Bain wants to know about your tangible contributions. You can also include major projects that you’ve worked on in which you demonstrated key skills. Top-tier firms are interested in quantifiable achievements, not responsibilities.

When conveying your accomplishments, use numbers and statistics. Your prospective firm will translate these numbers into a solid record of quantifiable success.

Example:

Business Product Manager, US Telecommunications, CA

  • Planned and implemented a sales campaign that yielded a 23% response rate and 20% increase in target sales.

Educational Background

If you are a fresh graduate, this section should follow your personal details. Your educational training will help Bain assess how equipped you are for the available consulting role. If you already have relevant working experience, it is suggested to place  this section after your work experience.

Some of the most vital information to include is the name of your college/university, your degree, the years attended, and relevant coursework. Moreover, you may include your GPA, LSAT scores, and other relevant tests you have taken. It is also recommended to list any awards you received either for academic excellence or social involvement. If you feel you have an impressive transcript, you can attach it to your application.

Example:

University of California, Berkeley, Marketing Degree, 2009-2012
Cum laude, Notable Achievement Undergraduate Award 2012
GPA: 3.9

Extracurricular Activities

It is also recommended to include this section if you recently graduated as it can effectively demonstrate the qualities Bain looks for in applicants. However, if you already have plenty of professional experience, this section may be unnecessary.

In this section of you can highlight any of the following:

Leadership Experience Bain’s website alludes to their interest in candidates with proven leadership skills. Applicants with innate leadership skills typically have strong character, a quality essential to succeed in this industry.
Writing Skills If you wrote articles or editorials for your school magazine or weekly publication, include this in your Bain application. Management consultants write a tremendous amount of reports and recommendations, thus excellent writing skills are a valuable asset.
Volunteer Work Volunteerism is a strong indicator of genuine passion and commitment. To be successful in management consulting, you must be committed.

Example:

Associate Editor, Veritas Publication, SY 2009 – 2010
Wrote news and feature articles; edited articles to ensure high quality and original content.

Additional Skills and Interests

If you have other relevant qualifications, you may include them in this section of your Bain resume. For example, you could include the following credentials: foreign languages, software expertise, professional group involvement, and certificates and licenses.

Common Consulting Resume Mistakes

To ensure that your Bain resume is impeccably written, avoid committing the following mistakes:

Inadequate spacing or poor formatting Appearance definitely matters. Use adequate white space and avoid bulk text. Spacing is critical as recruiters tend to ignore applications that tire the eyes. Make sure your Bain resume is reader-friendly with a consistent and clean  format.
Lack of numbers Include quantifiable attainments. Numbers seem to be the most eye-catching part of a consulting resume as they indicate a quantitative reflection of your skills.
Insignificant awards Only mention honors or awards that are relevant to consulting: academic excellence and notable social involvement. Bain is not interested in your other personal accomplishments.
Stating the obvious This common mistake is usually made in the professional experience section. Many aspiring consultants fail to demonstrate the qualities the firm is looking for in describing their previous roles. Instead of simply stating your contribution, explain how you achieved the results.
Lengthy Keep your Bain resume short and concise. Hiring managers don’t have the time or patience to read lengthy applications. Include only the relevant highlights of your career and keep it to one page if possible.
Texty syndrome Do not use two words when one will do. For example, “led and managed” or “completed and processed.” If you can efficiently describe the action taken in a single word, don’t use two.
Adding a photo Attaching a photo can distract hiring managers from your qualifications. Unless Bain asks for a photo, your application is better off without it.
Incorrect tense Whenever you describe your past work experience, activities, and educational background, always use the past tense. Don’t write, “Managing 30 employees…” if you left the company a few years ago.
Information discrepancies According to a report by Accu-Screen, Inc., ADP, The Society of Human Resource Managers, approximately 46% of applications contain discrepancies in what the candidate provided and what the source stated. As everything can be easily verified in this age of technology, only include accurate information in your Bain resume.
Not using power words Incorporating action words in your Bain application is a must. Like keywords, managers tend to look for power words when screening resumes. Some of these words include “managed,” “supervised,” “exceeded,” “implemented,” and “developed.”
Failing to use keywords As recruiters don’t spend a lot of time reviewing your Bain resume, use keywords and phrases in order to make the interview shortlist. Some of the critical words that consulting firms like Bain look for include “business judgment,” “problem-solving,” and “leadership.” To identify relevant keywords, read the job advertisement and research the target position.

Landing a job at Bain can be a painstaking process. However, if you are thoroughly prepared for their application and screening process, you’ll have a better chance of landing a job at this prestigious firm.

References

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Why Do Companies Use Brain Teasers and Logic Puzzles during the Recruitment Process?

Written by . Posted in Case Interview Prep

cubes

“Tell me about yourself. Tell me about your experience and strengths. Why do you feel you are the right person for this position?” 

These are the most common job interview questions. Most candidates have prepared and rehearsed their answers to such questions, making it hard for recruiters to truly assess their skills. That’s why more and more employers are using not-so-standard methods to filter  applicants. Brain teasers and logic puzzles are two of these unconventional and innovative strategies.

Brain teasers and logic puzzles may sound the same but there’s a significant difference between the two. Brain teasers involve unusual questions that you have to answer based on your assumptions of the problem. The goal of this test is to determine whether a  candidate has the ability to solve tough problems and to some extent, it can demonstrate a candidate’s confidence in thinking outside the box. In most cases, you are not expected to come up with the correct answer. In fact, the interviewer might not know the right answer either. Employers that utilize brain teasers are more interested in how you process your thoughts, how creative you can be, and your capability and audacity to present innovative ideas.

Logic puzzles, on the other hand, do have a concrete answer that can be deduced rationally. Usually, these puzzles have various valid solutions but you are expected to come up with the optimal resolution.

Basically, companies use these mind-boggling tools to discover the following:

How Do You Think?

Can you structure your thinking processes? Can you establish your assumptions before doing something? If you can effectively explain how you arrived at your recommendation,  you will most likely do well during the brain teasers and logic puzzles interview.

How Do You Identify Relevant Details?

Can you quickly distinguish which information is relevant to the solution? If you have a strong ability to spot superfluous materials, then you won’t have a problem with brain teasers and logic puzzles.

How Do You Deal with Ambiguity?

Can you handle vague and unfamiliar scenarios? More often than not, the subject of these tests are foreign to the candidate. Recruiters want to know how you cope with peculiar situations and if you have the grace and composure to handle them.

How Confident Are You?

How well do you cope with stress? Employers are looking for people who can exude confidence and who they can trust to represent them in a reliable manner.

How Do You Communicate?

Can you clearly and confidently express your thoughts? Can you convey your opinions using the right tone and volume to persuade clients? Recruiters want to find out if you are articulate enough to answer uncommon questions.

Remember, preparing for a job interview not only requires you to research the company’s profile, you also have to sharpen your cognitive skills, flexibility, and grace. Rehearsed answers will not impress your target employer. Take the time to practice brain teasers and logic puzzles.

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Preparing for an Interview at a Top-tier Management Consulting Firm

Written by . Posted in Case Interview Prep, Fit Interview Prep

Interview

Management consulting is a highly sought-after career by both fresh graduates and experienced professionals. This industry offers intellectually stimulating challenges,  generous compensation, and a strong sense of fulfillment. Thousands of applicants submit their applications to top-tier management consulting firms each year. Because the recruiting process is so competitive, you need to work hard and spend time preparing if you truly want to land a job in this lucrative industry.

First, you have to create a great resume and cover letter that are tailored to the goals of  your target firm and requirements of the position. Be sure to structure your relevant details in the most comprehensible manner. After submitting you excellent resume and cover letter,  you need to start preparing for the most crucial and, for some applicants, the most nerve-racking part of the recruitment process—the interview.

Evaluate Your Competencies

Before recruiters actually call you for an interview, evaluate your suitability for the job. Take the time to thoroughly read the job description and determine if you possess the competencies to meet the requirements of the position. Are you capable of analyzing and solving problems? Do you have the skills to clearly communicate your ideas to supervisors and colleagues? Are you genuinely interested in business operations? These are some of the questions that can help you assess your competencies. Remember, if don’t think you  you are ready for a consulting position, don’t waste your time applying. Develop  your skills and when you feel you have honed your abilities, you will be more confident during the interview.

Research the Company

If you really feel that you are properly equipped with the right credentials, then it’s time to conduct some research on your prospective firm. The information you can get by visiting their website, following their social accounts, and connecting with people who are associated with the firm will serve as your guide in preparing for the interview. To successfully get through the selection process, you should learn the names of key people at the firm, their preferred methodologies, and the types of cases they work on.

Reading press releases in the newspaper or online will provide you with the current status and projects of the company. Determine how you can contribute to the growth of the company and practice answering questions related to organizational improvement.

Practice as Many Case Studies as You Can

Case studies are an indispensable part of management consulting interviews. If you have chosen this field, you should know by now that the recruiting process involves more than the standard job interview. Recruiters in this industry greatly rely on case descriptions and  hypothetical and theoretical problems. Learning how to handle this type of interview will greatly improve your chance of landing a job at a top management consulting agency.

Firms like Bain and McKinsey offer practice case studies as well as interview preparation advice on their websites. The skills that you will use during a case study interview are the same set of skills needed to be an effective management consultant. Make sure you have a good grasp of basic business concepts such as market structure and financials. Convey  your value by demonstrating that you have the requisite knowledge and skills to perform the core activities of the firm.

There’s a plethora of case study practice guides available today. You need not purchase every study guide published; select three or four reputable ones. Remember, the more exposure you have to case questions, the more prepared and competent you will be during your interview.

Master Consulting Frameworks

Your ability to think logically is not enough to land a job in the consulting industry. You must be able to structure your answer within a specified time. Sometimes, knowing where and how to start is the biggest problem. This challenge can be overcome by applying different business frameworks to different situations. These frameworks will help you identify the possible contributing factors of the problem, generate sound recommendations, and build your confidence.

Practice with Someone

It’s recommended that you practice with somebody who can walk you through the cases. Ask a friend, trusted colleague, or family member. There are some materials available to guide those who are helping you in how to ask questions or reveal other parts of the problem.

Network with Industry Professionals

Networking is another powerful tool that can help you prepare for the interview. Having experts in your circle of contacts can definitely help you break into this industry. You can ask for more tips and advice from these professionals. In addition, referral strategy is known as an effective way to land a job. Expand your network of professionals by joining organizations, LinkedIn, and other popular networking sites.

Wear Appropriate Attire

Present yourself in a neat and professional manner. Wearing appropriate clothing during your interview will make you feel more confident. If you want to be a reputable management consultant, you have to dress like one. Appearance always matters.

Breaking into the industry of management consulting can be quite challenging. Dedicate enough time and effort to preparing for the interview so that you can prove to the recruiter that you have what it takes to be the next sought-after consultant.

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Consulting Cover Letter Outline

Written by . Posted in Cover Letter

resume or cv job application

The cover letter may be a basic requirement for the management consulting application process, but writing one poses difficulties for most applicants. To address this problem, we have provided a consulting cover letter outline below that can serve as a reference when crafting this document.

Header

Place your and the consulting firm’s contact information at the top of the page. Ensure that the details are accurate; otherwise, you’ll never be contacted for further assessment. If you’re sending your application via email, include your contact info at the bottom of the letter, below your signature. To eliminate confusion, the contact details should be the same as what’s provided in  your resume.

Salutation

As much as possible, don’t use “To Whom It May Concern” or “Dear Hiring Manager.” Take a step further and include the addressee’s complete name and position to indicate your sincerity and interest in working for the company.

Introduction

The first paragraph of an ideal consulting cover letter outline starts with an explanation about how you heard about the vacant position. Were you informed by a person who’s currently working for the firm? Did you read about the opportunity on LinkedIn or other online job board? Also, briefly describe how your qualifications match the vacant position’s requirements in order to give the recruiter an understanding about your candidacy.

Middle Paragraphs

Expound on your knowledge, skills, and abilities by summarizing your work experience and education. Emphasize one or two qualifications that make you suitable for the job. If possible, focus on experience or accomplishments that showcase your logical, analytical, decision-making, and communication skills—the vital attributes of a consultant. If you’re a recent graduate, you can do this by discussing your extra-curricular activities, thesis, or relevant coursework and elaborate on how they have prepared you for the role.

Closing Paragraph

In the last paragraph of the consulting cover letter outline, reiterate your skills that make you the right applicant for the job and state your enthusiasm about being invited for an interview to discuss the opportunity further. Finally, thank the recruiter for taking the time to read your job application.

Signature

To end your letter, use a professional, complimentary closing such as the following:

  • Sincerely yours,
  • Very truly yours,
  • Kind regards,
  • Best regards,
  • Respectfully,

Don’t forget to attach your signature as it adds more integrity to your application. If you’re sending your cover letter via email, scan your signature, adjust the size, and insert it into your letter. This reveals your technological savvy, which can be an edge nowadays.

Additional Cover Letter Tips

Regardless of the consulting cover letter outline you use, here are two additional tips to remember:

Insert Keywords

Recruiters review hundreds of job applications for a single position. Without the luxury of time, they quickly move from one section to another. If they come across familiar words, they’ll easily be able to match your skills to the position. Given this explanation, carefully read the job advertisement and the firm’s website to identify what they look for in candidates and insert the appropriate terms in your cover letter.

Proofread Your Cover Letter

Before submitting your cover letter, proofread it to ensure it doesn’t contain embarrassing  punctuation, grammar, and/or spelling errors. Recruiters are very particular about your written communication skills as you will be writing reports if you get hired for the position.

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Consulting to Entrepreneurship: Is This Feasible?

Written by . Posted in Consulting Industry

Hand with the handle specifies charts of growth

Many professionals have shifted from consulting to entrepreneurship. Kathryn Minshew,  co-founder of DailyMuse.com, was grateful she had developed her research skills at McKinsey because it helped her conceptualize her career and professional development website. John Tabis, the founder of The Bouqs Co., an online flower shop, used to be a consultant at Bain & Company. He attributes the success of his business to his experience working with senior consultants and clients across various industries.

And perhaps a perfect example is Daniel Stefanac, the founder of this website, ConsultingFact.com. After his two-year stint at McKinsey, he explored the corporate world and then decided to be a full-time entrepreneur.

Why are so many of those who venture from consulting to entrepreneurship successful? Here are some possible reasons:

Exposure to Best Practices

If you are privileged to work for a huge consulting firm such as McKinsey, Bain, and Deloitte, you will be assigned to work on projects in various industries including healthcare, media and entertainment, manufacturing, and aviation, among others. Your role doesn’t stop at understanding the main problem; you are expected to generate the best solutions for the client. In the process, you learn how other companies successfully manage their operations, human resources, technology, and market strategies. When you decide to shift from consulting to entrepreneurship, this knowledge will help you develop efficient processes and procedures.

Market Knowledge

Management consultants understand that no business will flourish if it doesn’t have a specific market. In fact, one of the major services of huge consulting firms focuses on market studies. You examine the needs, buying capability, and behavior of a potential market and then identify market segments to determine which subset matches the requirements of a particular service or product while exploring the competition among suppliers and strategies for product branding. Again, when you venture into business, your extensive, first-hand experience in data collection and analysis will come in handy.

Enhanced Problem-Solving Skills

Consultants are hired for one main purpose—to resolve business dilemmas outside the expertise of top management. In order to serve this purpose effectively, you should approach the problem objectively. You can break the issue into manageable segments to determine all the factors involved in the process. You investigate financial documents, read research studies, and go through other documents for relevant facts. After thorough analysis, you generate solutions that will lead to the growth and profitability of the company. Your enhanced problem-solving skills, when applied to your new startup, will help you make more effective decisions.

Increased Connections

As mentioned above, consultants are usually assigned to various clients. In most cases, you spend your days in the client’s office interviewing rank-and-file employees, conducting focused group discussions with supervisors, and consulting with top management. This exposure   allows for a huge advantage—powerful and diverse connections. If you can maintain a good relationship with your contacts, it will be easy for you to tap their resources, inquire about their expertise, and gain inspiration from their experience. Start being a people-person now, and once you shift from consulting to entrepreneurship, you will receive the assistance you need.

References

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Consulting Wear: Tips for Projecting Your Professionalism

Written by . Posted in Consulting Application, Fit Interview Prep

Businessman in classic vest against row of suits in shop

In preparing for your interview, you’ve researched your target consulting firm, networked with some of its employees, and practiced resolving case interviews. However, when you woke up on the actual day, you realized you hadn’t thought about what to wear during the interview.

Being in this situation can cause you some problems. Whether you like it or not, your consulting wear affects the interviewer’s impression of you. This doesn’t mean you have to look like attractive TV stars and models; what’s important is that you convey professionalism and here’s why:

Sociability Consultants deal with clients from different companies across various industries. In order for you to maintain the firm’s brand, you should practice good grooming and look neat.
Confidence Your choice of clothing affects how you project your confidence.  Remember, those who dress smart look smart.

Consulting Wear for Women

The majority of management consulting firms follow a conservative dress code. Below are some suggestions for consulting wear for women which fit the industry’s culture:

Suit and Blouse Select a black, dark brown, grey or navy blue suit. Your blouse should match your suit and shoes.
Shoes Wear conservative and comfortable high heels.
Jewelry Limit yourself to three basic pieces of jewelry. Don’t wear dangling earrings as they distract the interviewer.
Makeup Apply light makeup to conceal nervousness. Use lipstick and foundation that complement your complexion and wear neutral eye shadow. You may also want to tweeze any stray hairs on your browline.
Scent Dab on a little bit of sweet-smelling perfume, but if you’re not sure about the scent, don’t take the risk. You wouldn’t want to be remembered as the applicant with the strong smell.
Hairstyle Keep your hair away from your face. Use a bobby pin to fix your bangs, or if you have long hair, pull it back in a ponytail. A nice hairstyle should keep you from fiddling with it.
Nails Keep your nails clean and neatly filed. If you get a manicure, don’t choose colors that are too bright. Beige polishes are recommended.

Consulting Wear for Men

Men are not exempt from dressing appropriately during the consulting interview. Here are some suggestions for consulting wear for men:

Suit and undershirts Wear a solid colored suit, such as navy blue or black, and a white or light-colored collared shirt that matches the tie.
Shoes and socks Your shoes should be black, closed, and well-polished. Sandals are definitely not allowed. Wear dark socks to look more professional.
Jewelry A watch is appropriate, however, other accessories are discouraged.
Hairstyle Keep it clean and neat. You may use a matte styling product if necessary. Avoid coming to the interview with a trendy hairstyle.
Shave A clean-shaven face is pleasing to look at. An unkempt beard will make you look unprofessional. If you’re not comfortable with this, you can always grow it back once you’ve sealed the deal.

Don’t Wear Uncomfortable Clothes

When you are planning what to wear during the interview, think of the most important thing— comfort. If you go into the interview anxious about the length of your skirt or hairstyle, you won’t be able to focus on analyzing the business case and finding the right solutions. Your consulting wear should boost, not ruin, your candidacy.

Give Yourself Plenty of Time to Prepare

You should get sufficient rest the night before the interview, and wake up early to shower, dress, shave, and fix your hair so you’re not rushing to the interview. Leaving enough time for preparation will keep you calm, lessen your anxiety, and boost your confidence.

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Consulting Cover Letter Examples

Written by . Posted in Cover Letter

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The consulting job market can be tough. Catching the recruiter’s attention during the initial screening requires a great resume and a well-written cover letter.

The majority of consulting aspirants realize the value of an exceptional CV or resume; however, many are not aware of the benefits of crafting a powerful cover letter. Applicants often neglect the value of a well-written cover letter because they put all of their energy into writing their resumes. But the fact of the matter is, resumes and cover letters are equally important.

In fact, according to statistics reflected from a survey listed in the book The 100 Best Companies to Work For, 75% of employers agreed that a well-written cover letter can significantly improve the odds that a less eligible applicant will be asked to sit for an interview. The study also revealed that 53% of employers prefer applications with both a resume and cover letter. Moreover, 91% of employers said they would give greater consideration to applicants who have conducted research on their company compared to those who simply send out generic cover letters. Simply put, the cover letter matters.

How to Craft a Cover Letter

Some employers will not actually read your cover letter, but simply scan it, looking for keywords such as roles, skills, and accomplishments. Learning the art of crafting a compelling cover letter is a must for every applicant.

Employers look through cover letters not only to learn about the skills you can offer but to gain more insight on your personality as well. Your entire cover letter needs to be interesting and should consist of no less than three and no more than five paragraphs. Take a look at these consulting cover letter examples done per section of the letter:

Introduction

In most consulting cover letter examples you’ll see online, the first paragraph is usually where you mention the position you’re applying for. It needs to sound interesting enough to encourage the employer to read the rest of your cover letter. Include your objectives and how you came to know about the opening. Try incorporating the following strategies for a more personal approach:

Networking You may drop the name of an employee or anyone else associated with the firm and mention how he or she has encouraged you to pursue a career with their organization. However, do not simply namedrop without explaining how that person inspired you to submit your application. If you don’t know any such person,  you can conduct research on the Internet for informational interviews to learn what the firm is about, and incorporate the data you find into your motivation for pursuing a consulting role at their company.
Events You may also refer to an event such as an inspirational talk given by a client, a meeting with an industry expert, or any activity which inspired you to pursue a career with their firm.
Articles You may likewise cite a particular case or study published by your target firm and state how it has encouraged you to follow your management consulting dreams.

Here’s a good example of this section:

I have learned from your website that you are currently looking for a Management Consultant for your Miami office. I want to express my interest in this position. I had the opportunity to meet Mr.Y, one of your engagement managers, on a business convention last month. And I was greatly inspired by his talk on designing competent marketing models as well as keeping up with the trends in business strategy. I have learned a lot of valuable information which have greatly motivated me to pursue a career in this industry.

Middle Paragraph/s

The middle section of your letter can be either one or two paragraphs. You may convey all your significant work experience and accomplishments in one paragraph and how it relates to the consulting position. If the paragraph is well developed, you probably don’t need a second. However, if you feel that a second paragraph is needed to further demonstrate your different skill sets, it is perfectly acceptable to add one. Most consulting cover letter examples have two or more middle paragraphs.

Based on your credentials, select and highlight two or three of your skills and/or accomplishments. Focus on experiences and achievements that prove you possess the required criteria indicated in the job advertisement. This will help push your application to the next round. Choose the details that are the most relevant to the position and establish a strong connection between your competencies and the vacancy. You can create a table to guide you in selecting your achievements for this section and to ensure you have covered all the requirements of the job opening. Take a look at the example below:

Requirement Qualification
Educational Attainment
  • Business Management Degree, University of Oxford
Professional experience
  • 2+ years as a marketing director
  • ABC Marketing Agency
  • 3 month internship, IBM
Other Requirements
  • Fluent in English, Spanish, and French

If you are sure that you possess all of the credentials relevant to the job, you can now write the middle paragraph/s. Here’s an example:

I have been a marketing director for more than two years now, and my experience is well-suited to advise clients on strategic marketing issues. I oversee marketing strategy by analyzing market potential as well as developing advertising and promotion programs to achieve maximum sales of our products.

My education at The University of Oxford has thoroughly prepared me for advanced business practices and strategies, market research, and consumer behavior analysis. Moreover, during my three month internship at IBM, a global technology company, I worked with a competent sales and marketing team in providing recommendations and preparing presentations for tactical marketing initiatives. Furthermore, I am fluent in three languages: English, Spanish, and French. I feel that my knowledge, expertise, and experience will be a valuable asset to your firm.

Concluding Paragraph

Always end your cover letter on a positive note. Briefly state what you can offer the company and don’t forget to express your appreciation for the time they took to review your application. You may also stress your flexibility with regard to interview schedules. As you may have noticed, most consulting cover letter examples are professionally closed with “Sincerely,” “Best Regards,” “Respectfully,” etc. above the signature.

Here’s a good example:

I take pride in my passion to effect positive change for a wide range of institutions. What’s more, I have initiative and innate leadership potential. I look forward to speaking with you about this opportunity at your convenience. I sincerely thank you for your time.

What Great Cover Letters Have in Common

The five qualities common to all great letters are explained in the table below:

Use a personal tone. Your letter should sound like you and not somebody else. While you want your prospective employer to be impressed with your credentials, you should not use a generic voice. You may use consulting cover letter examples found online as guide but ensure to edit it to make it sound more like you. You can incorporate keywords but don’t make it sound too formal.
Be concise. On average, recruiters only spend a minute per application. Great cover letters are short yet contain enough information to pass initial screening. Keep your letter to a single page—brevity is key.
Stimulate curiosity. An effective cover letter encourages the employer to learn more about the applicant. Again, this will depend on how you present your background. Provide specific instances or experiences wherein you successfully demonstrated your expertise.
Prove your suitability to the target position. Your highlighted accomplishments should always be related to the position you are applying for. There are many qualified people out there, but why you? Focus on details which will prove that you are the most suited applicant for the job. Great consulting cover letter examples effectively demonstrate how to do this.
Share your knowledge about the firm. Make sure you research the company. As you express the reasons why you want to work for a particular firm, reveal your knowledge about their organization. For instance if you apply at McKinsey, ensure you demonstrate that you are a problem solver, an achiever and a leader capable of creating positive impact.

Common Mistakes to Avoid

 

Hand pushing red warning button on the keyboard

Below are five common mistakes to avoid when drafting a killer cover letter:

Rehashing Information from Your Resume

Data redundancy is a common cover letter mistake. Your letter must be a summary of your work experience and skills, but it should not contain the same information as your resume. Use your cover letter to entice recruiters to refer to your resume for more details.

Inaccurate Details

Lack of attention to details can cost you your dream job. Listing the wrong firm name, position, or contact information can ruin your candidacy. This can happen if you are sending out a series of applications and forget to change the details. Or when you use some consulting cover letter examples online and forget to replace original details.

Rambling On and On

This document is not the place to write your autobiography. You will never catch the attention of your employer with a massive amount of content. Only the most relevant and proven qualifications (leadership experience, analytical thinking skills) or affiliations should be included. Other professional details should be listed on your resume. In addition, it is suggested not to elaborate on your educational background in your cover letter. However, you may do so if you’re a fresh graduate and has no working experience yet.

Getting Too Casual

Although you should use your own voice in your cover letter, don’t get too casual with your tone. A good letter exudes your personality but exhibits elegance and professionalism as well. Never use slang words and don’t use a lot (if any) of exclamation points. Notice how good consulting cover letter examples are structured. You should likewise structure your thoughts using appropriate style and language. Using fancy fonts can hurt your application and your choice of formatting will likewise reflect your written communication skills, so be very careful when choosing a design.

Typos and Grammatical Errors

Many aspiring consultants send out their letters without proofreading them first. As a result, some grammatical errors and awkward phrases are not corrected. These types of  mistakes can greatly affect your candidacy. Consultants are expected to have a flair for communication, particularly in writing, as one of their responsibilities is to prepare presentations and reports for diverse clients. Errors in your letter reflect your inability to write quality deliverables. In fact, according to a survey titled Confessions of the Recruitment Industry, a single spelling or grammar mistake can incite employers to throw your application into the trash.

Submitting an effective cover letter is crucial if you want to outshine the competition. Read and study how great consulting cover letter examples are done. An interesting letter can improve your chances of being invited to the much-anticipated interview. Don’t waste the time and energy you’ve spent on devising the perfect resume by writing and submitting a poorly-structured cover letter.

References

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Booz Resume

Written by . Posted in Resume/CV

resume or cv job application

Booz & Company is one the most reputable firms in the management consulting industry. Many applicants strive to land a job with the company because it provides opportunities to resolve complex organizational issues, work with a team of experts, and network with various clients. At Booz, there’s numerous opportunities for personal and professional growth.

Breaking into the firm requires hard work and determination, which starts with writing your job application. Along with your cover letter, recruiters review your Booz resume in order to determine what you will be able to offer the firm. If it conveys relevant and comprehensive information, you will most likely receive an invitation to sit for an interview.

Know What to Write

Before you start enumerating your qualifications, you should conduct research about Booz’ operations, culture, and standards to help you choose and structure your information.

Website Booz’ website contains valuable information about the firm. It describes their values, typical work environment, ideas, and insights. From this information, you will get an idea about what the firm looks for in applicants. You can then craft your resume according to their goals and priorities.
Networking Professional networking is another way to obtain valuable information. Join clubs and organizations and meet people from the industry. As you interact with your contacts, you will learn practical and surefire tips for writing a resume that will catch the attention of Booz recruiters.
Social Media and Forums Following Booz on Facebook, Twitter, and LinkedIn gives you more access to information. Further, by reading forums or testimonials of former Booz applicants, you will be able to pick up useful pointers.
Job Advertisement If you come across the vacancy through a job platform, read the advertisement carefully. For instance, on LinkedIn, Booz always enumerates the basic qualifications required for the job. Make sure your resume addresses what is needed.

Emphasize Your Skills

Booz prefers applicants who possess determination, leadership, communication, analytical thinking, and research skills. When you select information to include in your experience, accomplishments, and other sections of your Booz resume, choose qualities that emphasize the attributes listed above. See the examples below:

Work Experience Supervised and led a group of researchers in conducting surveys, tabulating responses, and creating reports for market studies.
Accomplishments Won second place in the annual school-wide case competition on using social media to empower youth.
Interests Volunteering with differently-abled kids, running in 5k races, and shipwreck scuba diving.

Proofread Your Resume

Don’t send out your Booz resume immediately after writing it. Allot some time for proofreading to ensure it contains substantial information and is free from errors. Ask yourself the following questions:

  • Does it encompass what I can contribute to Booz?
  • Does it propose value to the management consulting firm?
  • Does it contain only the most relevant information?

If your answers to the questions above are all “yes,” proceed to the following:

  • Is it free from spelling and grammatical errors?
  • Is the format reader-friendly?
  • Is the text clear and concise?

If all of your answers to these questions are “yes,” you are ready to submit your Booz resume.