1. Consulting Colgate Finance Club — November 3, 2013

2. What is Consulting? Consultants are hired to help companies with strategy structure, management and operations They usually provide an organization with options and recommendations Companies do not have to follow this advice

3. Firms to Know Deliotte, Ernst and Young, KPMG, PWC, Accenture, McKinsey, Bain & Company, Booz & Company, Oliver Wyman (some of these firms recruit at Colgate)

4. Types of Firms Management consulting firms Technology focused consulting firms Niche & boutique consulting firms Independent

5. Areas of Consulting Business strategy Manufacturing and Business services Financial and Management Controls Human Resources Marketing/Communications Information Technology Environmental Management

6. Goals of a Consultant Increase Revenue Reduce Costs Strategy Organizational Design, Hiring Decisions

7. Average Day The days are shorter than in investment banking (12-14 hr days average, with spikes up to 16 hrs for particularly busy periods) While they’re shorter, there’s no real “downtime”. In investment banking, you may go hours, even half a day of waiting for this piece of data or that review from the associate/VP. In management consulting, you’re always working – you typically have one big project and many smaller tasks running in parallel Projects like the one below, you live and breathe with the client team. This means lot of meetings, lots of “production” of memos/slides/etc, an opportunity to build meaningful professional relationships and often to “manage” client teams to help you get the job done You work REALLY closely with your team. Expect to check-in with your manager at least once daily if not 4 or 5 times (for internships, its even higher), and since 80% of the time you work in one room with the entire team, you’re always “on-call” and constantly interacting with other team members and your manager

8. Why Hire a Consultant? Staffing Industry Expertise Analytics, Market Research Fresh Perspective

9. Exit Opportunities Hedge Fund Private Equity Asset Management Entrepreneurship

10. Recruiting/Interview Prep Personal Story - Why Consulting? Case Interview- this study will feature a business problem that you a will have to solve Networking Knowledge of Industries, Market News

11. Questions?