Want to pursue a consulting career Post ISB MBA program?
Here are some things that you must know as you plan for the ISB one year MBA placements. Pursuing a consulting career is a dream come true for most ISB aspirants and submitting your resume to the MBB consulting firms is the first thing that you would in the ISB one year MBA placements process. Following are some things you must know and follow before you decide is ISB MBA worth it. An ISB MBA average package for lateral positions ranges within 23 - 50 lacs per annum for consulting positions depending on the seniority of the position one is selected for.
What are the Consulting Career Options Post ISB MBA Program?
Decision Analytics Consulting
Human Capital Consulting
What are the essential subject knowledge areas requisite for pursuing a career in consulting?
Essential Skills for being successful as a consultant post an ISB MBA program?
Project management skills, process improvements / re-engineering, LEAN, Six Sigma, Agile methodologies
Coaching and mentoring skills
Relationship building skills
Problem solving skills
Advanced modelling techniques and tools such as R, SAS, Tableau, or VBA
Visual presentation skills
Client management skills
Project Delivery skills
SAAS, Java, Hive, Pig, Python, SQL skills
What are the qualification requirements for a consulting career?
Depending on the hierarchy for the lateral positions for MBA graduates the qualification requirements are an MBA like the ISB MBA program with the above skills and relevant industry work experience between 2-6 or 4-7 years of work experience.
How to build a resume for a consulting career post ISB MBA program?
Get a resume that works for you!
A resume is a gateway to a successful job interview. No wonder it is one of the pivotal documents that can carve your career. Management consulting resumes can be game-changers during the initial screening or filtering of the candidates. According to the experts, as high as 60% of the applicants would not make it past this phase. Studies say that employers spend a maximum of 60 seconds scanning through the resume looking for keywords that indicate a candidate's skills and talents.
The criterion for the successful skimming of the resume by the recruiters include:
Can you deliver the results expected? A quick scrutiny of all these aspects helps recruiters decide whether or not to shortlist the candidate for the interview.
Here are 7 effective tips for drafting a Consulting resume that creates stamping impression on recruiters for gaining entry into top-notch companies like Mc Kinsey, Deloitte, BCG, and Bain.
1. Keep resume summary and objective crisp
Frame a crisp yet dynamic career summary. Ensure that your career objective aligns with both your professional goals and organisational goals. ISB MBA duration is too short for you to commit mistakes and restart. You have to be on the mark the first time.
2. Impress with details and skills
Recruiters scan through the candidate’s key skills and talents to appraise the candidate’s profile and the relevant professional experience. Thus, you must impress the recruiter with your skills, previous roles, and professional accomplishments through impressive vocabulary.
Use some power words such as “facilitated", "launched", “accrued”, “established”, etc. as and where appropriate. They spontaneously create a positive impression of your professional stamina and show the impact that you created.
3. Highlight your grades and GMAT scores
Big firms like Deloitte and Mc Kinsey do not read candidate's profiles in depth. They have designated committees that scrutinise resumes. The critical criterion that these committees use to filter suitable candidates is their academic grades.
Most companies often consider candidates with a minimum GPA score of 3.5. The school and the university from which the candidate completed the education have their importance too. So, focus on highlighting these as positively as you can.
4. Present your resume professionally
A resume is a chance to present yourself virtually before a recruiter. Thus, the presentation of the resume should be of superior quality in terms of wording, font style, size, and punctuation. Experts advise in limiting the resume to 2 pages. Divide the resume into sections. The header must consist of - name, address, email address, phone number. Other sections such as work experience, education, and interests can be categorised into three separate sections. Limit the number of sections to 3 or 4 to the maximum. Divide the work and education section and follow a reverse chronological sequence.
5. Showcase your accomplishments
Accomplishments such as awards, certifications, and promotions help in forming a unique impression on recruiters and give you an edge over other candidates. So, remember to showcase your achievements. For instance, you could include leadership demonstrated in a project or boost of sales that you achieved for your previous employer.
6. Prove your key transferable skills
Your ability to land a job turns pronounced from the skills that you displayed in the past. Companies expect consulting professionals to have proficient communication, negotiation, and interpersonal skills, the ability to take on challenges, and result-oriented potential. Justify such skills by citing proven results. With the short spanned ISB MBA duration it is a challenge to build new skills and demonstrate them, so start early.
7. Extra academics and projects add weight
Extra academic accomplishments such as globally recognised English test scores, memberships in reputed organisations, and knowledge of foreign language add points to your resume. Also, a Ph.D. or Post-Doctoral qualification gives immense strength to your persona. Make sure to showcase these if you have any.
Our Two Bit - Customise your resume!
Custom build your resume to focus on the position that you are applying for. This means that map your key skills to focus on the transferable skills for the role and the industry you are applying for. This comes up last in our list as once you have the basic resume in place you are now ready to fine tune your resume.
Focus and show what you got for the specific role so that you assist the recruiters in establishing your fit.
More steps to ensure you have a stellar resume by the end of your ISB MBA:
Stay updated and keep documentary track of your career progression.
You are the best critic for your resume. You know where there's a weakness, plan to overcome it.
Use the MBA curriculum focus tracks i.e. the electives offered at ISB to cover the gaps within the ISB MBA duration. ISB will communicate the specific electives for relevant career tracks well in time for you to plan ahead.
Demonstrate mastery over the skills that you have acquired through the electives with the ISB ELP - experiential learning program and the inter college competitions.
Evidence your people skills by leading teams on campus to make the most of your ISB MBA duration.
Getting it right
Most companies keep track of the rejected candidates in the last 3-6 months. In case you are re-applying to such companies, make sure to update your resume and give it a whole new fresh look. If you want to graduate with a high ISB MBA average package, plan your career moves well in advance and do your research.
Understand the power of the resume to create that first solid impression on the recruiter and draft it accordingly. Do not underrate yourself while framing your resume. Mention every achievement you have had. It is your hard-earned document! Get in touch with an ISB admission consultant to evaluate your profile for ISB admission.