Management consulting is a large and complex industry, built on a combination of knowledge and skill. It is a popular career choice for graduates of advanced management programmes, and it is likely that many graduates will work either for or with a consultancy at some point in their career.
This module will give a practical introduction to the field, and will simulate an actual consulting engagement, including each of the key steps in solving a client problem from diagnosis to recommendation. Students will practice ‘real life’ skills such as interviewing and presenting, as well as applying theories they have learned in other courses (for example strategic management, finance and accounting, or operations) to a real case. This will allow them to develop both ‘soft’ and ‘hard’ skills.
There are three main strands to the module:
• Integrative problem solving. Students will be applying their knowledge to solving a real business problem. They will need to draw on their theoretical knowledge of multiple topic areas and apply this to create practical recommendations.
• Personal and ‘soft skill’ development. Personal and professional development is a source of competitive advantage in the consulting industry, and students will not only learn interpersonal skills such as interviewing, communications and presentation, but will also be encouraged to reflect on feedback and their own personal learning processes.
• Industry knowledge. The course will introduce an industry that is a major employer of business graduates, and may be of interest to many students as they consider their future careers.
This module will provide the foundation for those students engaging with the ‘Consulting Project’ over the summer period of their studies.
The module is designed to achieve three objectives:
• To enable students to apply their learning in an integrative way to a case study
• To expose students to the problem-solving and communications methods used by management consultancies and to introduce some features of the industry
• To develop students’ interpersonal and communication skills.