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Management Consulting: A Complete Guide to the Industry [Hardcover]

Sugata Biswas (Author), Daryl Twitchell (Author)
3.9 out of 5 stars  See all reviews (26 customer reviews)


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Management Consulting: A Complete Guide to the Industry Management Consulting: A Complete Guide to the Industry 3.9 out of 5 stars (26)
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Book Description

0471293520 978-0471293521 December 28, 1998 1
The first complete resource for graduating students and professionals seeking a position in management consulting

"Consulting is all about client results. If you want to help change the strategic destiny of organizations, pursue a high-impact career, and ensure continuous learning, then Management Consulting is a must-read to help you identify the firm that best suits you!" -Thomas J. Tierney Worldwide Managing Director Bain & Company

"This is the most comprehensive overview of the consulting industry to date. It is chock-full of useful information for students and professionals considering consulting as a career." -Robert F. Bonner Associate Director, Career Development & Placement The Wharton School, Graduate Division

"This book is an excellent starting point for anyone contemplating a career in management consulting. My professional advice to you: Read this book!" -Wayne Cooper Publisher, Consultants News President & CEO, Kennedy Information

Management consulting is one of the most popular career choices for today's graduating students and career-changing professionals. The industry is growing fast, with many more organizations in need of consulting services than ever before and an overwhelming number of candidates seeking consulting positions. Each year, tens of thousands compete for the offers that ultimately only a few thousand will receive. Facing such intense competition, applicants for these positions need all the help they can get to be competitive with their peers.

Management Consulting is the first consolidated resource containing need-to-know information on every step of the management consulting job search. Seasoned consultants Sugata Biswas and Daryl Twitchell, who have worked with a wide range of industry leaders, candidates, and recruiters, have written a book that encompasses a full range of perspectives. They cover each step of the job search process in detail, providing valuable insider information on the profession, as well as tools and techniques to help you stand apart from the competition and land a job offer.

The book opens with an objective, candid picture of the industry, its players, and its evolution. The authors look at the origins and development of consulting as they explain who management consultants are, what they do, and where the best opportunities can be found. Essays by leading consultants, strategic planners, and academics provide perspectives on emerging trends and the future of consulting. You'll learn what it's like to be a practicing management consultant, from the professional development opportunities to the day-to-day balancing of work and private life. The authors walk you through the steps of a typical consulting project, from the initial definition of the problem to the final presentation of recommendations. They outline what will be expected of you, the typical work hours involved, and the many benefits and drawbacks of this demanding career.

A vital section of the book is the step-by-step method for successfully navigating the infamous case interview-often the "make or break" point as firms try to select the top candidates from the masses. All it takes is one abstract or technical question ("How much does a Boeing 747 jumbo jet weigh?") to knock you out of the running. The authors will teach you how to be properly prepared for these interviews as you work your way to an offer, and how to negotiate for the most attractive package.

In addition, the authors provide three unique appendices that are critical to a successful consulting job search:
* Appendix I-fifteen of the most common case frameworks, useful to draw upon when answering case questions
* Appendix II-100 case questions and ten sample answers for interview practice
* Appendix III-a directory of fifty consulting firms, including primary practice areas and recruiting contacts

By giving you a firm grasp of the industry and the skills you need to master the interviews, Management Consulting is an invaluable investment for your future in this exciting and rewarding profession.


Editorial Reviews

From the Inside Flap

Management consulting is one of the most popular career choices for today's graduating students and career-changing professionals. The industry is growing fast, with many more organizations in need of consulting services than ever before and an overwhelming number of candidates seeking consulting positions. Each year, tens of thousands compete for the offers that ultimately only a few thousand will receive. Facing such intense competition, applicants for these positions need all the help they can get to be competitive with their peers. Management Consulting is the first consolidated resource containing need-to-know information on every step of the management consulting job search. Seasoned consultants Sugata Biswas and Daryl Twitchell, who have worked with a wide range of industry leaders, candidates, and recruiters, have written a book that encompasses a full range of perspectives. They cover each step of the job search process in detail, providing valuable insider information on the profession, as well as tools and techniques to help you stand apart from the competition and land a job offer. The book opens with an objective, candid picture of the industry, its players, and its evolution. The authors look at the origins and development of consulting as they explain who management consultants are, what they do, and where the best opportunities can be found. Essays by leading consultants, strategic planners, and academics provide perspectives on emerging trends and the future of consulting. You'll learn what it's like to be a practicing management consultant, from the professional development opportunities to the day-to-day balancing of work and private life. The authors walk you through the steps of a typical consulting project, from the initial definition of the problem to the final presentation of recommendations. They outline what will be expected of you, the typical work hours involved, and the many benefits and drawbacks of this demanding career. A vital section of the book is the step-by-step method for successfully navigating the infamous case interview-often the "make or break" point as firms try to select the top candidates from the masses. All it takes is one abstract or technical question ("How much does a Boeing 747 jumbo jet weigh?") to knock you out of the running. The authors will teach you how to be properly prepared for these interviews as you work your way to an offer, and how to negotiate attractive package. addition, the authors provide three unique appendices that are critical to a successful consulting job search:
* Appendix I-fifteen of the most common case frameworks, useful to draw upon when answering case questions
* Appendix II-100 case questions and ten sample for interview practice
* Appendix III-a directory of fifty consulting firms, including primary practice areas and recruiting contacts
By giving you a firm grasp of the industry and the skills you need to master the interviews, Management Consulting is an invaluable investment for your future in this exciting and rewarding profession.

From the Back Cover

The first complete resource for graduating students and professionals seeking a position in management consulting

"Consulting is all about client results. If you want to help change the strategic destiny of organizations, pursue a high-impact career, and ensure continuous learning, then Management Consulting is a must-read to help you identify the firm that best suits you!" -Thomas J. Tierney Worldwide Managing Director Bain & Company

"This is the most comprehensive overview of the consulting industry to date. It is chock-full of useful information for students and professionals considering consulting as a career." -Robert F. Bonner Associate Director, Career Development & Placement The Wharton School, Graduate Division

"This book is an excellent starting point for anyone contemplating a career in management consulting. My professional advice to you: Read this book!" -Wayne Cooper Publisher, Consultants News President & CEO, Kennedy Information

Management consulting is one of the most popular career choices for today's graduating students and career-changing professionals. The industry is growing fast, with many more organizations in need of consulting services than ever before and an overwhelming number of candidates seeking consulting positions. Each year, tens of thousands compete for the offers that ultimately only a few thousand will receive. Facing such intense competition, applicants for these positions need all the help they can get to be competitive with their peers.

Management Consulting is the first consolidated resource containing need-to-know information on every step of the management consulting job search. Seasoned consultants Sugata Biswas and Daryl Twitchell, who have worked with a wide range of industry leaders, candidates, and recruiters, have written a book that encompasses a full range of perspectives. They cover each step of the job search process in detail, providing valuable insider information on the profession, as well as tools and techniques to help you stand apart from the competition and land a job offer.

The book opens with an objective, candid picture of the industry, its players, and its evolution. The authors look at the origins and development of consulting as they explain who management consultants are, what they do, and where the best opportunities can be found. Essays by leading consultants, strategic planners, and academics provide perspectives on emerging trends and the future of consulting. You'll learn what it's like to be a practicing management consultant, from the professional development opportunities to the day-to-day balancing of work and private life. The authors walk you through the steps of a typical consulting project, from the initial definition of the problem to the final presentation of recommendations. They outline what will be expected of you, the typical work hours involved, and the many benefits and drawbacks of this demanding career.

A vital section of the book is the step-by-step method for successfully navigating the infamous case interview-often the "make or break" point as firms try to select the top candidates from the masses. All it takes is one abstract or technical question ("How much does a Boeing 747 jumbo jet weigh?") to knock you out of the running. The authors will teach you how to be properly prepared for these interviews as you work your way to an offer, and how to negotiate for the most attractive package.

In addition, the authors provide three unique appendices that are critical to a successful consulting job search:
* Appendix I-fifteen of the most common case frameworks, useful to draw upon when answering case questions
* Appendix II-100 case questions and ten sample answers for interview practice
* Appendix III-a directory of fifty consulting firms, including primary practice areas and recruiting contacts

By giving you a firm grasp of the industry and the skills you need to master the interviews, Management Consulting is an invaluable investment for your future in this exciting and rewarding profession.

Product Details

  • Hardcover: 304 pages
  • Publisher: Wiley; 1 edition (December 28, 1998)
  • Language: English
  • ISBN-10: 0471293520
  • ISBN-13: 978-0471293521
  • Product Dimensions: 9.1 x 6 x 1.1 inches
  • Shipping Weight: 1.2 pounds
  • Average Customer Review: 3.9 out of 5 stars  See all reviews (26 customer reviews)
  • Amazon Best Sellers Rank: #1,446,009 in Books (See Top 100 in Books)

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Customer Reviews

26 Reviews
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 (14)
4 star:
 (4)
3 star:
 (2)
2 star:
 (4)
1 star:
 (2)
 
 
 
 
 
Average Customer Review
3.9 out of 5 stars (26 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

60 of 61 people found the following review helpful:
5.0 out of 5 stars Excellent Preparation for Consulting Interviews, November 24, 1999
By A Customer
This review is from: Management Consulting: A Complete Guide to the Industry (Hardcover)
I've read them all - Wet Feet, Vault, HBS, Naficy - and this book is the one that helped me the most. Naficy is anecdotal and dated at this point; HBS is written for Harvard students and contains recruiter info that pertains only to them; Wet Feet is just superficial; and although Vault has some useful content, Management Consulting has all of the same info plus much much more. Don't bother with the others - just get this book.
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49 of 51 people found the following review helpful:
5.0 out of 5 stars This is the only management consulting book you'll need!!!, April 11, 1999
By A Customer
This review is from: Management Consulting: A Complete Guide to the Industry (Hardcover)
This book is fabulous! Twitchell and Biswas have produced a book that will accelerate your consulting job search.

In a single volume, they have provided everything you will need to land a job in consulting. Just glance at the Table of Contents and you will quickly realize how comprehensive the book is: 1) The Management Consulting Industry; 2) The Consultant's Work and Lifestyle; 3) Insider Perspectives on Consulting; 4) Planning Your Consulting Career; 5) Mastering the Case Interview; 6) Negotiating Your Offer; and finally 15 Essential Frameworks, 100 Case Questions and 10 Sample Answers, and a Directory of 50 Firms. Unlike Wet Feet Press and The Vault Reports, which require you to buy multiple books to get a complete picture, this book provides everything you need to learn about the consulting industry and master the case interview in ONE VOLUME.

And if you're looking for a personal, insider's perspective, you can't beat this book. Not only do Biswas and Twitchell provide insight into their own experience as consultants, they have also devoted close to 100 of the 300 pages to original essays written by the founding partners and managing directors of the world's top consulting firms: McKinsey, Booz-Allen, Bain, BCG, Monitor, Mercer, Mitchell Madison, Arthur D Little, Andersen, Watson Wyatt Worldwide, The Wilkerson Group, Vertex, and many more... It is truly an impressive list - and surely, if you're planning to interview with any of these firms, you had better read up on what they've written!

I know there are a lot of books out there on consulting, but this is by far the best I've seen yet. As the Worldwide Managing Director of Bain said about the book, "Management Consulting is a must-read!"

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17 of 17 people found the following review helpful:
5.0 out of 5 stars Thank you! Thank you! Thank you!, March 12, 1999
By A Customer
This review is from: Management Consulting: A Complete Guide to the Industry (Hardcover)
That is all I can say to the authors of this book!

Five months ago, I wanted to make a career switch. Since I like troubleshooting and problem solving, and, to be frank, I needed a higher salary if I was to continue living in San Francisco, I thought consulting might be a good avenue to pursue.

My first interview was with Deloitte and Touche, and ... I BOMBED IT. Although I had talked to several of my friends who were in or had been in consulting, and even a business professor at UC Berkeley (where I went to college), I was ill-prepared for the CASE INTERVIEW.

I agree with another reviewer (Carlsbad, CA) that case interviews may not be the best tool for recruiting consulants. Afterall, how many consultants (outside veterinary consultants) really need to know how many kittens there are in the USA? HOWEVER, until the PREMIERE consulting firms stop using them to gage how one thinks under pressure about an unfamiliar problem, then you cannot beat Biswas and Twitchell's "Management Consulting: A Complete Guide to the Indusrty" and Wet Feet Press' "So You Want to be a Management Consultant" for preparation.

{I guess where I disagree with Carlsbad, CA's review is that this book (or any book) written as a guide to a recruiting process and the industry as a whole, should not and cannot be faulted for the problems in the recruitment process or in the industry. I am thankful that this book covered the case interview so well -- since that is exactly what I faced when I was looking for consulting jobs. Moreover, unlike the reviewer from Carlsbad, CA who is a business professor and a part-time consultant, I now do consulting full-time. While there are times I don't enjoy working long hours, I cannot fault this book for telling me about the often grueling lifestyle -- although I can certainly fault the industry for it.}

Now, if you have the money, I suggest that you buy both this book, and the Wet Feet Press book. But if you don't have money to burn, I would definitely buy Biswas' and Twitchell's Guide first for two reasons: 1) it offers realistic qualifications about the grueling consulting lifestlye, and 2) it has great essays by reknowned consultants.

These two parts will help you to answer questions from recruiters about your personal lifestyle requirements (are you willing to travel, are you willing to be away from home, are you willing to work 60-80 hours a week consistently), and it always helps to know the names and histories of renkowned consultants (like John Wilkerson, who has an essay in this book) when discussing your future as a consultant.

More importantly, you have to decide whether Management Consulting is the right career for you (The sections about lifestyle (work requirements) and by renowned consultants will help you answer that question).

When I was done interviewing, I had four offers to consider from some great firms! While I can't say that all of it was due to reading this book or Wet Feet Press' book, a large part of my success came from being better prepared for case interviews, and knowing what to expect from a consulting career.

Thank you Mr. Biswas and Mr. Twitchell!

Jason Chu (Email: bc154@scn.org)

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Inside This Book (learn more)
First Sentence:
Because you are interested in the field of management consulting, you probably already know that it is one of the most popular career choices for today's graduating students and career-changing professionals. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
health benefits consulting, outstanding answer, artisan pottery, resume review, strategic planning groups
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Resume Review, The Boston Consulting Group, United States, New York, Monitor Company, Andersen Consulting, The Wilkerson Group, Case Step, Corporate Decisions, Key Data, Mercer Management Consulting, The Global Management Consulting Marketplace, Watson Wyatt Worldwide, Hewitt Associates, Porter's Five Forces, Random House, Towers Perrin
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