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screw consulting clubs, join legit student organizations with some history behind it. itll make you more well rounded - think along the lines of a walk on varsity sport (surprisingly there are a lot of them - especially one needing people like crew), fraternities, any old (>50 years) established organization, social groups. if you go to a good school those organizations will give you a much more fun experience, a much stronger network, and will also look better to recruiters who mostly go through their own school's resumes
i think recruiters prefer to see Fraternity+Sport (even club) over pre-professional ibanking/consulting clubs - just looks less "toolish" and more well-rounded. If anything joining an ibanking club might even hurt you if you go to a top liberal arts target
full disclosure - i'm part of a lot of "preprofessional clubs" and got positions in several of them. they take up in total 2-3 lines on my resume and while they can substitute for work experience if you have zero finance internships if you are going for a FT or SA gig they don't really help
i was joking with the other posts but i sincerely mean that
Would it be better to be a founder of a consulting club that does perform client services or stick with the traditional consulting club model? At a school that currently does not have a consulting club.
Question.. do these clubs that do these services get clients that pay for their services? Or is it unpaid? The non-profit consulting work definitely fits better if it is unpaid.
I disagree with ricochetX. Pretty sure he's asking to do consulting because he wants to and not just looking to boost his resume... correct me if I'm wrong...
I definitely think they give you a great experience and are very rewarding, certainly give you something to talk about. Most "legit" ones have a non-profit focus, and most colleges have them (Harvard, Columbia, UChicago, Northwestern, Cornell to name a few that I know of). Other organizations that span across campuses are groups like campusCatalyst- definitely very legitimate and I have friends that have really had a wonderful time there. Students Consulting for Non-Profit Organizations is another one where you have industry mentors (guys at MBB) on your team as well.
Unpaid for non-profits hence pro-bono
Stanford has a consulting club that has real corporate clients. The club gets paid to cover various expenses - individual members do not.
UC Berkeley has one too. They take the money they earn (~10K/client for a semester) and spend it on nice meals and trips.
Harvard's club seems like a joke.
Doing this for the experience, and because it's one of the initiatives our club wants to do. We're not in it for the money; we're in it for the learning experience and we're just trying to model a school that has done it successfully.
Great names and keep the list rolling!
College consulting clubs are pointless. You get a group of 5-6 kids, only of which a maximum of half bring any type of value to the team. At the point, you have to decide if its worthwhile to double/triple your workload or to basically present a piece of shit to your client.
The "projects" clients want to be "consulted" on are often phrased as "improve the visibility of the organization through the use of our website and social media," which really means "find someone to build a new website for free."
I'm not trying to hate, I think the idea is great. Realistically though, it doesnt make sense. Normally, the timeline is one semester. That's too short to do anything great. Anything longer, people lose interest or drop out. The clients are often too busy running an understaffed organization to adequately provide you with info.
I found this Management Consulted article interesting:
http://managementconsulted.com/mbas-and-consulting/calling-all-undergra…
Check out BOND Consulting at U Mich.. .www.bond-consulting.org
http://www.dukeconsultingclub.org/students/community-consulting/
papertrail et al.
when we hire college kids we want to see experience, no social media crap, but real business impact experience...and i want to see multiple recommendations on each project from prominent people in the org you worked for. 3 month project? That is fine...better than nothing. I have one month projects that are impactful so don't worry about short projects...that is what the biz world is about anyway. If you get these through a club great...if through other means great. just get them
https://my.vanderbilt.edu/vandyscno/
Arizona State University has one called "New Venture Group" if you're looking for one in AZ.
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