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Paying for an international MBA
 
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cld someone show me the way
 
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How to prepare?
 
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PWC non-consulting mgt role
 
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25.10.6
 

How to prepare?

 
forum comment
#0 How to prepare?
 
Just Another Graduate
25.10.6 00:00
 
I've been fortunate enough to secure a graduate position at one of the global strategy firms. I'm quite excited! Mind you, I'd like to be good at the job, too. So I was wondering... would anyone be willing to advise me on how best to prepare?For example, since I've got several months before I start I was thinking it might be worthwhile to develop higher levels of technical proficiency in Excel and Visual Basic.I was also thinking that a bit of a holiday might not be a bad idea :)Any thoughts?
 
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#0 RE: How to prepare?
 
D
25.10.6 00:00
 
I am off to Hong Kong to buy some suits!
 
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#0 RE: RE: How to prepare?
 
Another Graduate
25.10.6 00:00
 
*grins*A pretty fun way to prepare, hey? That www.englishcuts.com website was excellent, I thought.
 
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#0 RE: RE: RE: How to prepare?
 
Another Graduate
25.10.6 00:00
 
Incidentally D, are you doing anything else beforehand? Or are you relying on good quality Italian wool and innate learning capacity to carry the day?
 
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#0 Preparation -- suggestions
 
Tony Restell (Top-Consultant.com)
25.10.6 00:00
 
Here are a few suggestions, hope they set you off on the right track.Firstly, in terms of intellectual preparation, don&apos;t go overboard. Most consultancies worth their salt are going to put you through some intensive training when you join. This will teach you all the matrices, business terminology, etc. that you&apos;ll need in your first years in consulting.Having said this, for peace of mind you could have a read of <a href=http://www.amazon.co.uk/Ten-Day-MBA-Mastering-Americas-Business/dp/0060799072/sr=1-2/qid=1161764395/ref=pd_bowtega_2/026-1776033-9166832?ie=UTF8&s=books target=_blank>The Ten Day MBA</a>. This will build your confidence that you&apos;re not joining the firm totally ignorant about business concepts - and will give you a good foundation for what you&apos;ll learn at the firm.Apart from that, I&apos;d try to read the business pages of a Sunday paper every week or two, so you&apos;re generally up to speed with what&apos;s been happening in the business world. Apart from that, I&apos;d focus on doing things that ensure you&apos;re mentally and organisationally prepared for what&apos;s going to be a hard slog ahead!...Suggestions would include:o As per your post, take a really good holiday. You&apos;re unlikely to get a 2+ week holiday for at least 12 months, so make the most of it nowo Try to see old school friends, family, pals that have moved away from London, etc. as much as you can. Spending your weekends on the road is the last thing you&apos;ll want to do if this is what you&apos;ve been doing in your working week, so good to do as much of this before you start work.o Invest time in finding nice accommodation. You want something that&apos;s convenient to transport links and the airport; walking distance to the office is ideal. And you want a place that&apos;s as "uplifting" as possible, both in terms of the place itself and also the housemates you&apos;ve ended up sharing with. There&apos;s nothing worse than coming home late from work to an apartment that&apos;s grotty and has a tube train rattling the door handles every 2 minutes!o Try to find some good sales going on so that you can buy as many high-quality shirts & ties / blouses as possible. Being well dressed will give you confidence at work -- and not having to worry all the time whether you&apos;ve got clean clothes to wear the next days is a big weight off your mind once you start work.o Get everything else you can "ticked off your list" - direct debits set up to pay bills; internet connection arranged and up and running; anything that needs to be delivered to your flat delivered. Basically ensure that you have as few demands on your time once you&apos;ve started work as possible.o On that same note, get set up a basket of food / provisions you&apos;ll regularly need with Tesco Direct, Sainsburys, Ocado, etc. Then when you find yourself in Madrid on a project on a Thursday night, with nothing in the fridge at home, you can just login to your account and press the button to have things delivered on Saturday morning. A huge relief to a weary consultant.OK - thing that&apos;s enough food for thought. Should just conclude by saying you&apos;re going to have a great time when you start out in consulting. Reading the above you could be excused for thinking it&apos;s going to be a nightmare -- that&apos;s not what I intended!! But I guess time is the thing you are going to have the least of once you start work as a consultant (or a banker or an accountant or a lawyer for that matter) - so anything you can do now to prepare for this is worth doing.Good luck with starting off your career on a high note, Tony Restell (Top-Consultant.com)
 
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#0 RE: How to prepare?
 
Random Acts of Language
25.10.6 00:00
 
Adding to Tonys points about reading, I&apos;d recommend getting hold of The Economist as well as the Sundays.And I&apos;d echo the points about getting your admin sorted out so that you don&apos;t need to think too hard about it. I think most banks offer online services, but make sure you&apos;re set up for it so that you can do your banking from anywhere.And as well as all the clothes, invest in some decent luggage so that you don&apos;t end up trashing your expensive new kit. You may end up having to take it into a client site at times, so it needs to reflect your overall persona, the battered sports grip doesn&apos;t work well!Other than that, just make the most of your time. And have fun once you&apos;ve started.
 
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#0 RE: Preparation -- suggestions
 
Village Idiot
25.10.6 00:00
 
Don&apos;t forget to sign up for your frequent flyer cards! And I second the recommendation to buy good luggage -- you will regret it if you don&apos;t.
 
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#0 RE: RE: Preparation -- suggestions
 
D
25.10.6 00:00
 
Tony hit it on the head... I even already have a copy of the 10-day MBA!(But haven&apos;t thought of luggage yet... guess I will have to join the &apos;square wheely bin&apos; brigade and thow away my tattered rucksack!)Housing is actually a difficult one... I am thinking of buying but rumours are that the market is poor at the moment with just so few on the market (everyone is waiting for bonus season?). So certainly will look at settling into a decent flat around Christmas ready for my New Year start.JAG - which firm are you joining?
 
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#0 RE: RE: RE: Preparation -- suggestions
 
Mike
25.10.6 00:00
 
I&apos;m starting in consulting in a few weeks and would just like to say that this post is really, really useful. Cheers for the help that the people with experience share on this site- its very much appreciated.
 
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#0 RE: RE: RE: RE: Preparation -- suggestions
 
JAG
26.10.6 00:00
 
Wow. Thanks for the advice, guys, it&apos;s really helpful and I&apos;m grateful. Tony, you ought to consider re-using your post as the final component of one of your email courses!Ten-Day MBA is on order. Is there anything I should NOT be doing in the next few months?P.S. D, I&apos;m going to be an associate at the firm with the least attractive website. Why is it that professional services firms just can&apos;t get those right?
 
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#0 and don&apos;t...
 
Tony Restell (Top-Consultant.com)
27.10.6 00:00
 
As regards things to avoid doing, top of my list would be:-- DON&apos;T allow yourself to worry about your job. Consulting can be pretty stressful and there will be opportunities every month to worry about the assignment you&apos;re on, deadlines you have to hit, whether you&apos;re making a good impression, etc. Almost invariably things will work out just fine if you do the best you can and remain true to yourself rather than trying to be something you&apos;re not. So DON&apos;T allow yourself to lose sleep over your work - you&apos;ll need all the rest you can get!Also you can add:-- DON&apos;T have any regrets about choosing consulting over banking. -- DON&apos;T promise your partner you&apos;ll be home at 6 o&apos;clock on the dot each evening!Good luckTony Restell (Top-Consultant.com)
 
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#0 frequent flyer miles
 
Rookie
31.10.6 00:00
 
This is a good thread. thanksAny ideas on the best credit card fot flyer miles or other such benefits?
 
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#0 RE: frequent flyer miles
 
Bob
31.10.6 00:00
 
I fly with BA a lot and have taken out a BA Amex card - spend over £10K in a year on it and you get a 2for1 voucher to use when cashing in BA Exec Club miles for a flight (ie. a free ticket for a companion. You will also earn 2 miles for every £1 you spend and 3 miles for every £1 you spend at BA. Easy winner if you fly BA!
 
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#0 RE: and don&apos;t...
 
JAG
10.11.6 00:00
 
Hello again! Thanks to Tony and everyone else who has helped make this thread so useful.My "Ten-Day MBA" is STILL on order. I&apos;ve enjoyed browsing through some of the threads that have cropped up over the last couple of weeks.For the sake of future readers, I thought I&apos;d highlight those that seemed particularly useful:http://www.zambeasy.com/forum/list.aspx?ID=20394 (advice on the relevance of the ten-day mba for different MC sectors)http://www.zambeasy.com/forum/list.aspx?ID=20398 ("Consultantlanguage" - samples of some of the jargon one is likely to face)http://www.zambeasy.com/forum/list.aspx?ID=20171 ("Ouch!" - more such jargon)http://www.zambeasy.com/forum/list.aspx?ID=20328 ("Bench Time" - an insight into some of the unspoken requirements of the job)http://www.zambeasy.com/forum/list.aspx?ID=18570 ("Level/Salary where sales" - more such requirements, at least from the perspective of the fresh graduate)http://www.zambeasy.com/forum/list.aspx?ID=19799 ("Good tailors?" - see also www.englishcuts.com)http://www.zambeasy.com/forum/list.aspx?ID=19141 ("An average day" - which contains a great outline of what to expect on a day-to-day basis)http://www.zambeasy.com/forum/list.aspx?ID=17712 ("Consultants with successful marriages" - a dash of pessimism to help keep you grounded)http://www.zambeasy.com/forum/list.aspx?ID=17712 ("Boutique=Less Travel?" - a good way to knock the shine off&apos;ve travel&apos;s romance)http://www.zambeasy.com/forum/list.aspx?ID=19501 ("Best book?" - some books which look like they&apos;re worth a read)With regards to the last thread, David Maister has written a slew of books on professional services firms. He also has a blog which might be worth checking out: davidmaister.com/blog.
 
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#0 RE: RE: and don&apos;t...
 
JAG
10.11.6 00:00
 
Can anyone recommend some decent magazines to subscribe to? I thought I&apos;d invest portions of the sign-on bonus in myself :)I can probably only manage to read a couple of magazines per week. Current shortlist:The EconomistBusiness WeekForbesFortuneStrategy + BusinessUS News & World ReportWall Street JournalIf you had to pick two, what would they be? Would they even come from this list?
 
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#0 RE: RE: RE: and don&apos;t...
 
adams boss
10.11.6 00:00
 
I would pick the economist for the mind and playboy for the soul.
 
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#0 RE: RE: RE: and don&apos;t...
 
KM
10.11.6 00:00
 
Read the Economist print edition in full every week and Private Eye every fortnight.Subscribe to email updates/RSSfeeds/podcasts from strategy+business, McKinsey Quarterly, HBR, Management Today, World Business, Knowledge@Wharton, Ivey Business Journal, Businessweek, and various newsletters from my firm and competitors.
 
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#0 RE: RE: RE: RE: and don&apos;t...
 
ed
10.11.6 00:00
 
"Read the Economist print edition in full every week and Private Eye every fortnight. Subscribe to email updates/RSSfeeds/podcasts from strategy+business, McKinsey Quarterly, HBR, Management Today, World Business, Knowledge@Wharton, Ivey Business Journal, Businessweek, and various newsletters from my firm and competitors."Surely there&apos;s more to life?
 
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#0 RE: RE: RE: RE: RE: and don&apos;t...
 
KM
10.11.6 00:00
 
It&apos;s not too onerous to read one and a half magazines a week. The point of email updates is that you can subscribe to the specific areas you&apos;re interested in and scan the subject lines for interesting stories to focus even further on the important issues. You don&apos;t need to plough through pages of guff, spend hundreds on subscriptions, or worry about getting your dose of news when you&apos;re working from a hotel all week.Unfortunately, too few consultants bother to keep up to date on the business news. Whilst it benefits those who do - you can wow people just by knowing what&apos;s in the public domain - it also means there are a lot of consultants whose brains have rotted through lack of use, leading them to peddle out of date rubbish to clients.As a new joiner to a consulting firm, start out on the right foot by being one of the people who does know what going on in the world outside the office doors.
 
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