Every year we get questions from prospective students about where our students go for their internships and what their experiences are like. We know a lot of you are interested in Consulting so we asked a few of our interns in the field to give their take on the summer. I hope you enjoy their perspectives!
I spent the summer working at McKinsey in Chicago. I absolutely loved my team. My Engagement Manager was a Booth graduate, and I can't believe how much trust he and the rest of my team placed in me to drive my own workstream. Hours were tough but fair, and I never worked a single weekend. Overall, it was an incredibly fulfilling work experience!
Before beginning classes at Booth, we’re constantly told that we’re learning how to think, not what to think. And it wasn’t really until this summer that I’ve realized what that meant. As a management consultant, I’ve benefited tremendously from the rigor, openness, and intensity of the classroom. These elements are what drive us to think critically, to share viewpoints, and most importantly, to challenge everything. And it’s also great that Booth students and alumni are everywhere!
This summer I spent time as a strategy consultant with The Boston Consulting Group (BCG). My summer experience focused on working with a national retailer to develop category and product strategies and deliver $50 million in cost savings. I had the chance to get to know my case team extremely well, including my Project Leader, who is an ex-body builder and Chicago Booth alum. Let’s just say I didn’t win the late night push-up contest among our case team. The knowledge gained from several of my classes at Booth, namely Marketing Strategy, Competitive Strategy, and Economics, came in very handy this summer. Remarkable problem solving, challenging client interactions, and tons of fun with my fellow interns filled my summer months. All in all, my BCG internship was nothing short of an amazing experience.
--Dustin David Deas
I've never thought so hard in my entire life. Being a summer consultant has been the most challenging, interesting and intellectual work that I've ever done. The supportive team and dynamic environment echoes much of my experience at Booth, as does the openness to new ideas and approaches to solving problems.
I spent the summer with Boston Consulting Group, based in Washington, DC but traveled weekly to New York City to work on a pharmaceutical case. The internship was a significant learning opportunity, not only because the job itself was new, but the industry is one in which I had no prior experience. Learning about pharma R&D and the challenges and new technological advances in the industry, and helping to recommend an innovative concept that could change part of the way R&D is conducted industry-wide, has been fascinating. Outside of the case, Booth alumni working in the DC office have been incredibly supportive in reaching out and volunteering to help me in any way I have needed throughout the summer.
My internship experience was wonderful. I was staffed on the project that I was most interested in, and our team worked directly with the President of Marketing for our client—a major global technology company. I attended and was involved in our presentation to him at the end of my internship. Along with gaining experience presenting and building a business case for important decisions, I have been able to explore Korea and learn about the different industries in which the client operates. On one field trip we toured the company’s shipbuilding yard, and stayed in a traditional Korean pension, sleeping on the floor and eating traditionally cooked Korean BBQ. This experience has not only given me insight into what it is like to be a consultant, but it has also given me experience working in a different country.
I worked on a post spin-off procurement project for a specialty pharma client. A lot of the work I do revolves around negotiation strategy and decision modeling. My Strategies and Processes of Negotiation class was critical for me to develop sound strategies for the client and my Competitive Strategy class gave me a serious edge in thinking about the models from an economic perspective.
--Jorge de Azevedo
I worked on a due diligence project for a technology company attempting to enter a new market through inorganic growth. I really enjoyed getting to know a new industry and helping a client tackle its most difficult problem. On the other side, the hours were long (multiple all-nighters), but my team was fantastic and it was a pleasure to work with them. Booth alumni have reached out every step of the way and my marketing strategy class with Prof. Sanjay Dhar was definitely a great class to take before my internship. Since I was a teacher before Booth, my accounting classes were really useful and saved my butt when I was asked to dig through company financials.
--Freddy A. Elorza
My summer internship experience at Deloitte followed the traditional management consulting schedule: up at 5am Monday morning to rush to the airport, return home Thursday evening, and work in the downtown Chicago office on Friday. The internship gave me the opportunity to see things as differently as possible from my prior experience: the travel model, team-based projects, and the experience of working in a huge firm for another large company. I've found this change of vantage points incredibly helpful. Deloitte also provides the opportunity to work as part of a large class of interns, many of whom are from Chicago Booth. I've bumped into several classmates, acquaintances, and co-workers at the airport, and even in the hotel lobby, which makes for a fun end to the night.