asimov wrote:
As an entry level consultant, I believe your primary responsibility is to do the analytical work that is assigned to you by your engagement manager. Your opportunity to meet investors is very limited. Consulting does expose you to many different types of business problems, so it may be helpful if you want to be an entrepreneur. The caveat is that, the business/industry that you are exposed to may not be the industry you want to start a company in. You won't have a strong influence on what assignment you get staffed on initially. If you want to be an entrepreneur, I feel the best way is just go out there and do it.
This is mostly true, however you do meet with clients on a regular basis even as an entry level consultant. I was in meetings with C-level people just a few weeks after starting (and this was during an internship!), first together with a more experienced consultant on the case, further on in the project also by myself. So you do meet people in interesting positions, but this doesn't mean that they will also invest in your business. Usually the case gives both you and them enough to work on
. As for staffing, though you don't have much influence in the beginning, if you play your cards well you will get influence after a while (a while meaning, after six months or so). Be friendly to people in staffing and HR, get to know them personally, and drop your preferences casually over lunch - this makes a world of difference.
asimov wrote:
In addition, how would you break into consulting as an undergrad? What should you do in the summers?
Yes, you will be at an undergrad role, which is basically number crunching.
It is possible to start as an undergrad, but I am not sure what you should do in the summers to get there. I am assuming you're in the US, and from what I've heard it's pretty tough to get an interview there. However once you've got your first round invite, the process is the same everywhere I think, and my advice on getting from first round to an offer would be 1). practice your cases but don't over practice them. Practice with consultants is the best way to practice, if you can't find anyone practice with other candidates, but practicing with someone else is better than by yourself. 2). do not, I repeat
do not rely on frameworks too much. Frameworks are just common sense put into structure, so you should focus on having common sense and structure, then you won't need frameworks anymore 3). be honest, be yourself, and be authentic - it will surprise you how many people don't dare to do this, and if you do, I think you'll stand out.
Just one more comment on the number crunching - you will be crunching at any level until you are a project leader (and even then you will do some crunching now and then), not just as an entry level consultant. And you will also be having a lot of client interaction, presentation making and presentation giving, even as an entry level consultant. So yes, crunching, but also, lots of other stuff
.