Campus is noticeably quieter this week.
In the last few days we’ve waved goodbye to the 300+ graduating MBA2009s, and most of the MBA2010s have left to start their 8-12 week internships.
However, for the eight MBA2010s that make up the London Business School Consulting Team, our campus will become their office for the next 2-3 months.
Each year six to eight MBA students are selected by London Business School faculty and staff to form their own consultancy to provide high-quality, cost-effective solutions to a wide range of clients. Competition for a place in this team is tough! We took some time out to speak to one of its members to find out why.
Dennis Valdez (MBA2010, USA)
Pre-MBA: Eight years an officer in the U.S. Navy followed by a year at DeWolff, Boberg & Associates, a boutique management consultancy
Post-MBA plans: Entrepreneurship
Q. Why did you choose to apply for the London Business School Consulting Team?
A. We’re all here doing an MBA to broaden our skill set and fill in any gaps that we have identified in our first year. I was attracted to the Consulting Team because unlike traditional internships in management consultancy where you are given projects, there is a strong entrepreneurship element. We actually have to go out there, find the work and sell ourselves as a team. I’m really looking forward to working on a project right from the very beginning of the process all the way through to presenting a solution to the client at the end.
Q. What are the aims of the Team?
A. At the start of the summer we collectively drew up a contract which addressed each member’s professional and personal goals for the summer and agreed upon our objectives as a team going forward. Unlike working in a management consultancy or most other internships, there is no one person in charge, and therefore our work requires a great deal of teamwork.
In previous years, the London Business School Consulting Team has had a successful track record both professionally and financially. Several team members have gone on to secure jobs at BCG, McKinsey and Bain. Last year’s team brought in a record £130,000 worth of business, and despite the current economic climate we’re on track to achieve this target again this year.
Q. How does the Team work?
A. The Team is made up of eight MBA students and represents a diverse set of nationalities and professional experiences. Only two members of the team have previous management consultancy experience. Other backgrounds include financial services, construction, marketing and IT.
We have strong support from London Business School in terms of being able to leverage the brand. We can use faculty as advisors and sounding boards for ideas on projects, and we’re fortunate to have mentors from a top-tier consultancy. The Careers Services team also work hard to promote us to companies that approach the School.
The London Business School Consulting Team, the facts:
• 8 members, 9 languages spoken
• 50+ years of accumulated professional experience across 20 countries
• Access to word class faculty and a network of 30,000 alumni
• Previous consulting team clients include British Airways, WPP and Nokia
For more information on the 2009 Consulting Team view the brochure here or contact firstname.lastname@example.org
Read about the MBA summer options http://www.london.edu/programmes/mba/programmedetails/internshipoptions.html
Recruit our talent http://www.london.edu/theschool/recruitourtalent.html