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Consulting from a science background

 
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#0 Consulting from a science background
 
kidmystic
06.02.13 00:00
 
Hi folks, I'm currently a postdoc in mathematics and am looking to move outside academia. I'm considering a move into consulting, but want to make use of my mathematical skills. From a consulting perspective I suppose that means looking at roles which contain a significant amount of data analysis. I understand MBB have analytic teams, but I'm not sure I want to go through the generalist route to get there. The Big 4 Accounting firms seem to do some of this work too. Any thoughts about the best places to go? Thanks!
 
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#0 RE: Consulting from a science background
 
Bushy Eyebrow Partner
06.02.13 00:00
 
I'd go into banking, that's where the money isThe level of "analysis" in consulting will do your head in. You'll probably be doing "analysis" with humanities graduates who get all worked up about percentages. I can once remember, as a junior analyst, being given a half day "training session" by a middle-manager about "compound annual growth rates". Not exactly obvious stuff to the average man in the street, I admit, but I could do exponential logarithms in my head at the time and this, in comparison, was very, very simple stuff. Yet, to this chick-lit MBA with a degree in fine arts or whatever, it clearly required extensive discussion. I think she was on some sort of ego-trip because, obviously, nobody could ever be as clever as her when it comes to working out a percentage increase over a few years.So, basically, with a postdoc in maths, the level of "analysis" you will experience in coonsulting will do your head in. We're talking percentages and pie charts. If you're really, really fortunate, you might come across someone who does a scatter chart in Excel and quotes the R squared value or something - but, almost certainly, they won't have a clue what it means. Many of them are the sort of plonkers who consider calculations to be a "matter of opinion" and the like. If you have any sort of analytical brain, it will be wasted I say avoid the fluff and go into banking, where you can actually apply your skills and make some money.
 
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#0 RE: Consulting from a science background
 
kidmystic
07.02.13 00:00
 
Thanks for the feedback. I thought this may be the case, but was perhaps hoping there were some isolated pockets in the industry where I could still do some interesting maths!Appreciate your thoughts...
 
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#0 RE: Consulting from a science background
 
marsday
07.02.13 00:00
 
+ 1000Listen to Bushy. Banking is where you belong.
 
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