prepping for consulting role

In this post-COVID world, prepping for a consulting role out of undergrad requires a mix of traditional preparation and adapting to new trends like AI. Based on the most helpful WSO content, here’s how you can prepare effectively:

1. Skillset Boost

• Excel & PowerPoint Mastery: These are non-negotiable in consulting. Consider taking consulting-oriented courses in Excel, PowerPoint, and even tools like Tableau or Alteryx, as they are increasingly relevant.
• AI & Data Analytics: Familiarize yourself with AI tools and data analytics platforms. Understanding how to leverage AI for problem-solving can set you apart.
• Case Interview Prep: Use resources like WSO’s Consulting Case Interview Prep to practice frameworks and problem-solving techniques.

2. Stay Updated

• Business News: Stay informed about industry trends, especially how AI is reshaping consulting. The situation evolves rapidly, so make it a habit to follow business news weekly.
• Podcasts: Look for consulting-focused podcasts that discuss current trends and challenges in the industry.

3. Books & Resources

• Books: Classic consulting books like Case in Point by Marc Cosentino are still relevant. Additionally, explore books on AI and its impact on business strategy.
• Websites: Wall Street Oasis (WSO) forums are a goldmine for advice, templates, and insights from experienced consultants.

4. Networking

• Build relationships with current consultants and alumni from your school. They can provide insights into the evolving consulting landscape and help you navigate your first few months.

5. Mindset & Preparation

• Mental Math & Problem Solving: Practice mental math and structured thinking. These are critical for case interviews and on-the-job problem-solving.
• Adaptability: Consulting is a business of people and relationships. Be ready to adapt to new tools, industries, and challenges.

By combining these strategies, you’ll be well-prepared to excel in your consulting role. And remember, even seasoned consultants are navigating this new AI-driven world, so stay curious and proactive!

Sources: Impact of COVID-19 on Consulting Industry, Impact of COVID-19 on Consulting Industry, Q&A: I grew up in Consulting and reinvented my brand 3 times, Consulting Recruiting 2023, Q&A: I grew up in Consulting and reinvented my brand 3 times