Thank you for your response in advance.
I need advice from an experienced consultant regarding my future career and study choices. Like most people on this site, I want to work in Strategy Consulting. Feel free to be frank and blunt if you wish. All I want is honest and real answers.
I realise that I have a lot of questions, but if consultants only want to answer just one or two then I fully understand as there are many other people who need their questions answered.
So as not to waste your time, and to streamline your answer, I have given some back ground information about myself. I am not trying to post my CV on the site.
I am 26yrs old. Graduated from a Bach App Sci (Diagnostic Radiography), Australia, in 1999, with a credit average. I am in my 6th Year of working as a radiographer (1/2 public, 1/2 private). Started, a part time MBA with Macquarie Graduate School of Management (Sydney) – ranked #1 in Asia and Australia and #40 in the world for its full-time MBA program (Economist Intelligence Unit)- Average subject mark -70%. Unfortunately, I had to cut it short and graduated with Post Grad Dip in Management in July 04, as I got married and moved to Glasgow, Scotland. I am now currently enrolled, via distance education, in the MBA program with the Graduate School of Business Administration, University of New England (Australia) – essentially a ‘’No Name MBA’’- Subject material is good and quite time demanding. I am majoring in Accounting. (Distinction average) I realise that in order to become a successful Strategy Consultant, and gain respect from CEO’s etc I must have an MBA from a top MBA school. ie LBS, Insead etc. I am planning on moving to London in September 2006.
My Questions are:
(1) What’s the best way for me to get my foot in the door? Should I finish my ‘no name’ MBA then apply for a graduate training or junior business analyst position? Work very hard for 2yrs with this firm and then finance myself through a top tier MBA if my employer will not sponsor me?
(2) Should I finish my current ‘no name’ MBA and then try to go straight to LBS, Insead or Oxford. If successful in getting into one of these top schools and graduating with an average subject mark of 70% etc will this guarantee me a position as a Strategy Consultant with a firm?
(3) Just before I finish my ‘no name ‘MBA should I do three months etc of work experience with a consulting firm and then apply for a graduate / junior position?
(4) Will consulting firms place any value on my experience and understanding of the health systems, diagnostics, the human body, medicine etc.
(5) Some general question that I can not seem to find answers to in my research, (a) consultants work long hours – how long is long? 50, 60, 70+ hrs a week? 7am to 7pm, Monday to Friday. (b) Travel – how much travel is involved? is it just short term ie 2 to 3 nights away from home each week? medium travel – 2 to 4 weeks? long term travel 3, 6 months or relocation travel – change countries for 1yr + etc.
(6) For a wanabee Strategy Consultant? What are the most valuable subjects in an MBA? Which major is best? Generalist, Finance, Marketing, HR etc Are their any subjects/ majors that most employers like MBA Graduates to have?
Thank you for your time.