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	<title>Management Consulted &#187; business consulting internship</title>
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		<title>Consulting summer internship: 7 must-do&#8217;s before starting work</title>
		<link>http://managementconsulted.com/summer-internship/preparing-for-management-consulting-summer-internship/</link>
		<comments>http://managementconsulted.com/summer-internship/preparing-for-management-consulting-summer-internship/#comments</comments>
		<pubDate>Wed, 25 Mar 2009 06:00:26 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[summer internship]]></category>
		<category><![CDATA[BearingPoint]]></category>
		<category><![CDATA[business consulting internship]]></category>
		<category><![CDATA[consulting networking]]></category>
		<category><![CDATA[consulting summer interns]]></category>
		<category><![CDATA[consulting summer internship]]></category>
		<category><![CDATA[Economist]]></category>
		<category><![CDATA[Excel]]></category>
		<category><![CDATA[PowerPoint]]></category>
		<category><![CDATA[summer consultants]]></category>

		<guid isPermaLink="false">http://managementconsulted.com/?p=1656</guid>
		<description><![CDATA[Last week, we thoroughly discussed consulting interviews. This week, the focus will be on the consulting summer internship &#8211; best practices before, during, and after your 3 months as a newbie consultant.
The ultimate goal of any summer intern is two-fold: one, to secure a fulltime offer, and two, to learn more about the job, the [...]]]></description>
			<content:encoded><![CDATA[<p>Last week, we thoroughly discussed <a href="http://managementconsulted.com/2009/03/management-consulting-interviews-fit-questions/">consulting interviews</a>. This week, the focus will be on the <strong>consulting summer internship</strong> &#8211; best practices before, during, and after your 3 months as a newbie consultant.</p>
<p>The ultimate goal of any summer intern is two-fold: one, to <strong>secure a fulltime offer</strong>, and two, to <strong>learn more about the job</strong>, the industry, and the skills required for success.</p>
<p>That said, here are <strong>7 must-do&#8217;s</strong> for people preparing to enter consulting summer internships. <em>95% of the advice is applicable for fulltime consultants as well.</em></p>
<h3>1. Read the Economist and WSJ regularly</h3>
<p>I discussed the reasons for doing so in the post on <a href="http://managementconsulted.com/2008/12/must-read-books-and-periodicals-for-management-consultants/">consulting books and periodicals</a>. By reading these periodicals, you&#8217;ll have a better feel for business problems and solutions, and be up-to-date on current events once you start the job.</p>
<p>Also, <strong>start reading consulting blogs</strong> &#8211; these will give you a sense for a <a href="http://managementconsulted.com/2008/12/day-in-the-life-of-a-management-consultant-client-version/">consultant&#8217;s daily life</a>. See the Management Consulted blogroll as a starting point.</p>
<p><span id="more-1656"></span></p>
<h3>2. Contact the consultants from your firm that you met during recruiting</h3>
<p>This can be through <a href="http://managementconsulted.com/2008/12/the-right-way-to-network-and-gather-information-at-management-consulting-information-sessionsmixerscompany-presentations/">company presentations</a>, interviews, meet-and-greets. Anything. If you haven&#8217;t been in touch, update them on your summer internship offer and <strong>ask for advice</strong>. They&#8217;re usually very happy to give you some pointers. <strong>Be specific in your questions</strong>:</p>
<p><strong>Specific question</strong>: <em>I&#8217;ll be working in the Dallas office. Do you have any advice on the right people to meet there, and any particularly good managers that I should try to work with?</em></p>
<p><strong>Broad question</strong>: <em>How can I make sure I do well in the internship?</em></p>
<p><em>Further reading:</em> <a href="http://managementconsulted.com/2008/12/28/the-right-way-to-network-and-gather-information-at-management-consulting-information-sessionsmixerscompany-presentations/">How to network with consultants 101</a></p>
<h3>3. Initiate contact with recruiters and consultants at other firms</h3>
<p class="alert">This is <strong>only if</strong> you&#8217;re interested in transferring firms post-internship. Say you&#8217;re summer-ing at Altman Vilandrie but would prefer to work at a bigger firm like BCG fulltime. By keeping in touch with BCG recruiters and consultants, you strengthen your chances for <a href="http://managementconsulted.com/2008/12/overview-of-the-management-consulting-recruiting-process-from-information-sessions-to-interviews-to-negotiating-the-offer/">fulltime recruiting</a>. Often, some of these firms <strong>will have summer networking events</strong> in preparation for fulltime recruiting</p>
<p>The key here is to <strong>be upbeat about your internship</strong>, but be direct in expressing your interest. Here&#8217;s a sample email:</p>
<div class="note">Hi Sarah, </p>
<p>I wanted to followup our recruiting conversations from last month. </p>
<p>First, I wanted to thank you for the interview opportunity. While I was ultimately unsuccessful in final rounds, it&#8217;s merely whetted my appetite for fulltime recruiting.</p>
<p>With regards to this summer, I accepted an offer to work for BearingPoint in their Atlanta office. I&#8217;m looking forward to deeply engaging in the industry and getting a great experience.</p>
<p>I&#8217;d like to stay in-touch with you over the summer months. I&#8217;m still interested in building a career at Bain, and could use your advice as fulltime recruiting approaches.</p>
<p>Let me know if you&#8217;re free for coffee or a phone conversation in the next few months, and I look forward to our chat.</p>
<p>Cheers,<br />
Daniel</p></div>
<h3>4. Get all the business attire that you need</h3>
<p>Don&#8217;t buy a suitcase until you&#8217;re confirmed on a travel case &#8211; you shouldn&#8217;t buy one upfront.</p>
<p><a href="http://www.killerconsultant.com/consulting101/shopping-for-the-first-day-clothing/">KillerConsultant</a> has a great post on <strong>consulting dress code</strong>. My only advice is that it&#8217;s <strong>more important to dress neat than to dress fancy</strong>. From your interviews and office visits, you should have an idea of company dress code. Don&#8217;t stray too far from it, and <strong>have sufficient backups</strong> (for men, at least 2 work suits) so you&#8217;re not panicking at 11pm when you spill sushi and soy sauce over your only suit and there&#8217;s a big client meeting the next day.</p>
<h3>5. Familiarize yourself with Powerpoint and Excel</h3>
<p><em>This is only if you&#8217;re a complete novice!</em></p>
<p>It&#8217;s not useful now to become an Excel expert, unless that&#8217;s already a long-term goal. But if you don&#8217;t know what conditional formatting is, you should find out.</p>
<p>As long as you can Google Search, you&#8217;ll find plenty of resources to get started.</p>
<p class="alert">The whole point is that once the job starts, <strong>you&#8217;re going to be overwhelmed</strong> with material to learn, meetings to attend, people to meet, and so forth &#8211; you don&#8217;t want to be learning about VLOOKUPs at the same time. To do well in consulting, you&#8217;ll need to be &#8220;Excel proficient&#8221; if not &#8220;Excel expert&#8221;. Think difference between &#8220;conversational Spanish&#8221; and &#8220;native Spanish&#8221;</p>
<h3>6. Start speaking the language</h3>
<p>Look at the <a href="http://managementconsulted.com/dictionary/">Consulting Lingo and Terms</a> page. Like the step above, the goal is to <strong>minimize the number of times you look like a neophyte</strong>. It will inevitably happen, but keeping those situations to a minimum will bode with clients and partners.</p>
<h3>7. Set a list of reasonable, specific goals</h3>
<p>Goals should include <strong>meeting specific partners</strong> who work in areas that you&#8217;re passionate about (eg, retail marketing, Southeast Asian expansion) and <strong>specific company practices</strong> that you&#8217;d like to explore (this is more applicable to <a href="http://managementconsulted.com/2008/12/recruiting-decisions-what-is-the-difference-between-global-management-consulting-firms-and-boutique-consulting-firms/">global consulting firms than boutiques</a>). Having these goals will help you be more targeted and focused when deciding how to best spend your non-project time (<strong>which is limited already</strong>)</p>
<p>That wraps it up! The next post will cover <strong>key to-dos during the consulting summer internship</strong>.</p>
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