Skip to main content

A Day at a Consulting Firm


Consulting- most sought after career by MBA graduates for most of the b schools across the country. After all who wouldn’t want a career that challenges one's intellectual, analytical ability and in turn opens the door of millions of opportunities one aspires for? It's not only financially rewarding but also has a high level of job satisfaction. Sounds interesting, isn't it?

However, most of us being new to MBA are least knowledgeable about consulting as a career and consulting industry. So, to discuss consulting as a career, and to understand the core consulting concept and future roadmap of consulting industry, PR & Media cell recently organized an interaction with Mr. Gopesh Mittal, a consultant with McKinsey & Co. USA. He is an alumnus of IIT Kanpur and presently pursuing his Masters from Harvard Business School, USA.

Mr Gopesh started with an initial interactive session with the audiences on topic "A Typical Day for a Consultant". He elaborated on various activities including extensive client interactions, brainstorming sessions, project analysis and thorough research required to be performed as a consultant. Then he discussed the skill set required to step into the consulting domain followed by the success mantra for a successful stint as a consultant. He emphasized on three key points for succeeding at top notch consulting firms like McKinsey & Co., which are
  • Looking for long-term relationships
  • Providing clarity of communication
  • Proactive in grasping

He described the pyramid structure which most of the consulting organizations maintain and gave a factual statement "In consulting either you move up or you move out". Talking about various types consulting profiles, he laid out the career path and the hierarchy in the organization that goes with a consultant i.e. partner level and associate level. Finally he talked about the mobility. According to Mr. Gopesh a consultant needs to have great interpersonal skills, and should know how to deal and interact with the clients, gather the requirements and accomplish the task without formal authority.

Mr. Gopesh finally concluded the session with open questions from the audiences. This was really an awesome experience for IITK MBA junta as this was highly information-rich session and provided us unique opportunity to experience consulting industry.

Compiled By:
Sushil Panigrahi
PR & Media Cell
Labels:

Comments

Post a Comment

Popular posts from this blog

Consilium'08: The Consulting Conclave

MBA batch under the aegis of Department of IME is going to organize the annual consulting conclave of IIT Kanpur, Consilium’08. The objective of this event is to create a platform where confluence of leading professionals from consultancy and vast student community can take place. As consultancy has become one of the most preferred career choice for IITians , Consilium'08 will provide them the opportunity to learn about the nunaces of consultancy in various domains. From a humble start, it has been envisaged that Consilium will become the platform in coming years where representatives from across the spectrum of consultancy will share their knowledge, experience and insight with students. The event has generated enthusiasm among all sections of IITK students and students from other major B-Schools who are also expected to participate. Case solving competition is one of the attraction of Consilium '08 in which winners shall get certificates and attractive cash prizes. Apart...
Post a Comment
Read more

THE HIGH OCTANE RIDE: FRESHERS NIGHT ‘12

“Dance like nobody's watching, Love like you've never been hurt, Sing like nobody's listening, Live like it's heaven on earth”  -Mark Twain An apt quote to describe the sumptuous freshers' party for the MBA batch of 2012-14, organised by the seniors on 17 th August, 2012. As with all freshers' parties, the gist of this night was to make every Y’14 MBA student feel like being an integral part of the IIT-K family, younger and ever new to take the challenge of the years ahead, ever fresh through the year and carrying the legacy ahead. The proceedings started as early as 7pm, as all the students geared up for an evening of fun, enjoyment and relaxation. After ambiguity, predicament and lots of discussions over what to wear for the occasion, almost everyone reached the venue for the night, old SAC ground, by 7.15pm where the party finally began at around 7.45pm. The event, compered by Sagar and Kanwardeep, kicked off with the Y’14 students being called on ...
4 comments
Read more

A Talk on Project Management and Strategic Planning

A guest lecture was delivered by Mr. Aditya Kumar, Solution Transformation Leader, Schneider Electric on 11th Jan, 2013. He has specialized in Project Planning, Contract & Risk Management, Turnkey Projects, Business Processes, Energy Management, Building Project organization and thus his talk was focused on these aspects. He discussed that how the strategy and project management go hand in hand. Just as strategies and ideas lead to new projects, similarly, project results drive changes and give rise to new strategies and innovations. He explained that a project is a venture undertaken to produce a product or service. Project management is the discipline of planning, organizing, procuring and managing resources to bring about the successful completion of project by the application of skills, knowledge, tools and techniques and meet the need and expectations of all the parties who are directly or indirectly interested in the project. The main challenge with project management is to...
4 comments
Read more