The MBA is an exciting stepping stone that will enable you consolidate up-to-date business knowledge that together with your existing professional experience paves the way towards a fulfilling new career. This may be either in a new job sector or in a new business role altogether.
Whilst initially the MBA is unlikely to enable both, a move into new career and a new sector, this can be achieved by targeting one aim and then the other as a longer-term strategy.
This blog provides information about career planning and resources for your MBA-level job hunting. If you have any further suggestions for improvement, please email me firstname.lastname@example.org.
On this blog, you can find tips and advice for:
Networking with University of Kent alumni
KEW-NET is a professional mentoring and networking platform exclusively for alumni, current students and members of staff at the University of Kent. Here you can access and share various career experiences, be able to provide advice, and support individual’s development and career advancements. To access, go to http://kent.aluminate.net/.
Many MBA students are looking for a career transition into Management Consulting, and information about this career is provided below.
- The Management Consultancies Association (MCA) is the representative body for management consultancies in the UK. The MCA promotes the value of management consultancy for the economy and society as a whole. Its member companies comprise around 60% of the UK consulting industry, employ around 30,000 consultants and work with over 90 of the top FTSE 100 companies and almost all parts of the public sector.
If you’re new to management consulting, then the pages for Young MCA are particularly informative and might be of interest. Click here to access.
Preparing for applications and case study interviews
Consulting case 101 is a blog site dedicated to getting into management consulting; it includes a compilation “A Day in the Life of Management Consultants” series to give you an idea what a typical day of a management consultant looks like in different consulting firms.
To help you prepare for case study interviews used by most consultancies, scroll down to section 5 from the Interview and Assessment Centre information on this blog, which is about case study interviews.
Resources and jobs
- InsideCareers – click on title for career insights and information about how to get in; featured articles include The Future of Management Consulting, Salaries and benefits; Advice on becoming a consultant.
- BLT (Beament Leslie Thomas) is a London-based leading niche specialist recruitment company for Indirect Tax, Management Consultancy, and Interim Management.
You will find the latest information on their blog – http://www.blt.co.uk/about/blt-blog/.
January 2018 newsletter info from Don Leslie [email@example.com]:
Management Consultancy in China grew faster than the Chinese economy in 2016, reports Source Global Research www.sourceglobalresearch.com – up an impressive 10% to $4.5bn. Digital innovation, increasing investment from Western companies, and the expansion of cities beyond the East coast are the causes. The largest sector is banking and financial services, where regulation and digitisation services are in demand. Manufacturing consultants are benefiting from the drive for efficiency and modernisation, and retail, healthcare and pharma are the fastest growing markets. But a lack of local talent to implement local solutions could hamper growth, say some firms. A lead for your Manadarin, Cantonese and Hokkien speaking students, perhaps?
Accenture is buying Irish advertising agency Rothco https://rothco.ie/ to add to its stable of talent in Accenture Interactive. AI, as we’ve reported previously, is now one of the world’s largest creative agencies – or “experience agency”, as Anatoly Roytman, head of the firm’s European, African and Latin American businesses puts it. But the CEO of the world’s biggest advertising agency, WPP, isn’t too worried about the consultancy firms parking their tanks on his lawn. Sir Martin Sorrell says they are merely “fashioning” creativity into the consulting mix as an added competency, http://uk.businessinsider.com/the-head-of-the-worlds-biggest-advertising-company-is-not-worried-about-consulting-firms-2017-12 but added that he did see them as successful promoters of strategy and tech advice.
The aviation sector is attracting the interest of the large consultancies. PA Consulting, http://www.paconsulting.com/newsroom/releases/pa-consulting-group-expands-offer-to-the-aviation-sector-through-acquisition-of-nyras-limited-6-december-2017/ Oliver Wyman and Accenture have acquired boutique firms Nyras, Avisa and Seabury. Opportunities to advise on industry restructuring and complex strategic and operational change in the sector are the attraction, and there is also convergence with the aerospace and defence practices of these international consultancy groups.
McKinsey’s recent swallowing of leadership and organisational transformation specialists Aberkyn, (six offices, 100+ consultants) into its HR digital transformation practice is another example of the strategy house’s move into the implementation space. Its Organisation service line provides ‘soft skills’ support to client staff going through change prompted by digital innovation. McKinsey is now reckoned to be one of the top five HR digital transformation firms, and is rolling out its new service in India and China. https://www.mckinsey.com/about-us/new-at-mckinsey-blog/welcoming-aberkyn-a-firm-of-change-facilitators-to-mckinsey
More OC&C news. Following EY’s poaching of French OC&C staff (September Newsletter), EY has now taken OC&C’s German practice, some 15 partners and 50 consultants. The strategy consulting market in Germany is Europe’s largest, and the addition of the former OC&C team makes EY (via its Parthenon-EY brand) one of the leading strategy firms in the country. OC&C however has moved quickly to repair the damage, and as with the French operation (October newsletter) it has transferred in senior figures from other European offices. https://www.consultancy.uk/news/15028/german-team-of-occ-strategy-consultants-joins-parthenon-ey OC&C’s website continues to advertise opportunities for MBA Interns, Associate Consultants and Consultants.
Healthcare generated nearly $10bn for consulting firms around the globe in 2016. A Source Global Research www.sourceglobalresearch.com study shows that whilst the US remains the single largest market (at $7bn+), China was the fastest-growing, along with Scandinavia. The increase in digital projects is cited as the prime cause. Recent developments in the medical use of Artificial Intelligence in hospitals and primary care organisations will spur growth further in the next few years.