Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
May 0408:30 AM PDT
-09:30 AM PDT
A low GMAT score does not automatically end your MBA admission chances. Every year, top business schools admit candidates whose GMAT scores fall below the class average — not because the score doesn’t matter, but because the rest of the application....
May 0507:00 PM EDT
-08:00 PM EDT
In this live 60-minute masterclass, How to Get Ahead of MBA Recruiting Now, we’ll walk through the four biggest mistakes incoming MBAs make and how to avoid them so you’re not scrambling to catch up once recruiting begins.
May 0710:00 AM EDT
-10:30 AM EDT
Sia Admissions Founder Susan Berishaj is covering this live on YouTube, May 7: how admissions committees actually evaluate goals statements, who is in the room, and why the goals statement most applicants submit wouldn't survive that conversation.- May 08
08:00 AM PDT
-08:30 AM PDT
Join the special YouTube live-stream for selecting the winners of GMAT Club MBA Scholarships sponsored by Juno live. Watch who gets these coveted MBA scholarships offered by GMAT Club and Juno.
13 Jun 2011, 17:47
Kudos
Bookmarks
Hi Alex,
I was intrigued by your post in "Business Development: Career Forum" that Corporate Development is akin to Internal Consulting. I looked up the internal consulting units of two tech firms and this is how the career path is laid out: Work in different lines of business for the first 18-24 months (rotational assignments of six months each approx) and then transition to a general management role.
I am looking at these internal consulting units since I want to stay in the tech/telecom industry post-MBA (I have done Pre-Sales Tech and Telecom Consulting) and progress to a position of greater responsibility in the near future. I spoke to a few B School alumni at my firm and their career has progressed in ths manner. Based on what you wrote, it looks like the scenario will be different at each firm. What are the most likely job titles I should be looking at? So far, I restricted my search to firms which state specifically that they recruit for "Internal Consulting" units. Any feedback will be greatly appreciated!!
Also, the tech firms don't recruit from B schools in high numbers and it is difficult to predict whether a firm X will come to a school to recruit for a role in function Y.
Cheers!!
I was intrigued by your post in "Business Development: Career Forum" that Corporate Development is akin to Internal Consulting. I looked up the internal consulting units of two tech firms and this is how the career path is laid out: Work in different lines of business for the first 18-24 months (rotational assignments of six months each approx) and then transition to a general management role.
I am looking at these internal consulting units since I want to stay in the tech/telecom industry post-MBA (I have done Pre-Sales Tech and Telecom Consulting) and progress to a position of greater responsibility in the near future. I spoke to a few B School alumni at my firm and their career has progressed in ths manner. Based on what you wrote, it looks like the scenario will be different at each firm. What are the most likely job titles I should be looking at? So far, I restricted my search to firms which state specifically that they recruit for "Internal Consulting" units. Any feedback will be greatly appreciated!!
Also, the tech firms don't recruit from B schools in high numbers and it is difficult to predict whether a firm X will come to a school to recruit for a role in function Y.
Cheers!!
13 Jun 2011, 18:41
Kudos
Bookmarks
It's all over the place, and it changes with the times and economic cycles.
Keep in mind that any sort of internal consulting (or whatever it's called - corporate development, strategy, etc.) is a cost center. That means it's not a group that is tied to a specific product or service line - it's job isn't to help build a product/service, or to sell a product/service.
And like any cost center, it's always hard to justify your existence. I know the job sounds cool to many MBAs because it's all "big picture" and appeals to their God complex, but more often than not it's really a temporary thing (a glorified rotational program that cycles you through and spits you out into a business unit), or it's the servant's quarters that service the executives so to speak (which they will promote as "you get exposure to the highest levels of the firm" - but you're basically there to crunch numbers and provide research for them). Better to be the Duke (head of a business unit) than the head butler (Corp Dev head) to the King and Queen if you know what I mean.
The political power in any business lies in the jobs that are revenue generating - jobs where you are either making the product, or selling it.
Keep in mind that any sort of internal consulting (or whatever it's called - corporate development, strategy, etc.) is a cost center. That means it's not a group that is tied to a specific product or service line - it's job isn't to help build a product/service, or to sell a product/service.
And like any cost center, it's always hard to justify your existence. I know the job sounds cool to many MBAs because it's all "big picture" and appeals to their God complex, but more often than not it's really a temporary thing (a glorified rotational program that cycles you through and spits you out into a business unit), or it's the servant's quarters that service the executives so to speak (which they will promote as "you get exposure to the highest levels of the firm" - but you're basically there to crunch numbers and provide research for them). Better to be the Duke (head of a business unit) than the head butler (Corp Dev head) to the King and Queen if you know what I mean.
The political power in any business lies in the jobs that are revenue generating - jobs where you are either making the product, or selling it.
13 Jun 2011, 21:38
Kudos
Bookmarks
AlexMBAApply
Thank you Alex! Your input definitely helps.
I am looking at those internal consulting units which are similar to rotational programs. My guess is the difference is only in the name, not the function. The ones I looked at are shaped like this: work in different business units and then get an assignment in a specific BU. My goal is to move to a general management role after the tenure of the program. Does it become extremely difficult to move into a business unit for somebody who was part of the Internal Consulting unit of the firm since he/she becomes part of Corp Development by default or does it vary from one firm to another?
Cheers!
