This blog documents my MBA student life at Ryerson University, Canada (2010-2012). It was an attempt to demystify the MBA experience, help understand MBA topics & encourage MBA wannabes. I have a Pre-MBA blog about B-School application process (and a few other blogs) as well. I used to blog actively in the past and interact with readers regularly, but life got very busy after my MBA. Good luck. Take care. Cheers! Gerry.
Sunday, November 27, 2011
Poor little Rich MBAs.
Link: http://www2.macleans.ca/2011/09/15/poor-little-rich-m-b-a-s/
Rotman School of Management's Dean Roger Martin trying to get more funding and grants for Canadian Business Schools.
Rotman School of Management's Dean Roger Martin trying to get more funding and grants for Canadian Business Schools.
What’s the most important factor when students and recent grads search for jobs?
- More than one third of students and grads (34%) indicated that opportunities for advancement is the most important factor when they’re searching for a job.
- About one quarter of respondents indicated that good salary (23%) and job training and support (25%) are the most important factors.
- Perhaps surprisingly, the typical Gen Y stereotypes of work culture and work flexibility came in at only 11% and 5% respectively.
MUST read articles about Consulting
Links:
Summary:
Will write soon... :)
Gerry.
- How to break into Management Consulting by doing an MBA? http://managementconsulted.com/business-consulting/2433/
- The truth behind Consulting Salaries http://managementconsulted.com/consulting-jobs/the-truth-behind-consulting-salaries-from-analyst-thru-partner/
- 5 myths about travel as a Management Consultant http://managementconsulted.com/consulting-jobs/top-5-myths-about-travel-as-a-management-consultant/
Summary:
Will write soon... :)
Gerry.
Calling all undergraduates and MBAs: Here’s how to get a management consulting job outside of the classroom
From the link: http://managementconsulted.com/mbas-and-consulting/calling-all-undergraduates-and-mbas-here%E2%80%99s-how-to-get-a-management-consulting-job-outside-of-the-classroom/
So you’ve landed a spot at a pretty good college / B-school. Now, all you have to do is do well in classes, and you’ll automatically find a great consulting job, right? Wrong.
Actively contributing to consulting-related extracurricular activities doesn’t just look good on your resume. It can help you perform better on consulting interviews and even help develop the skills to perform well after starting your consulting job.
Joining the consulting club on campus is an obvious first step. However, after serving hundreds of clients using our resume editing and interview services, we’ve noticed that many people simply stop there.
Simply mentioning membership in the consulting club doesn’t help your candidacy much. You should try to get a leadership position on the club, preferably President or another position that allows you to directly contact consulting firms (e.g. External Liaison, Vice President of Employer Relations).
This will give you a lot more opportunities to network with consulting firms compared to people who are simply members of consulting clubs. Make sure to mention your club activities on your resume and in your interview rather than just stating your position name. Regardless of what position you have in the consulting club, you need to be proactive. Leverage your school’s alumni network and LinkedIn to connect with more consultants and invite them to speak at your school. If you’re lucky, some consultants might even agree to help out in running a mock case interview session for your club.
Some consulting clubs are only about networking, speakers, and interview prep, but other consulting clubs actually perform consulting services for companies and organizations (often for free). This can happen even at the undergraduate level; Stanford Consulting is one example. This may take a great amount of work reaching out to companies, marketing services, developing strategies, and coordinating classmates, but will pay off greatly in terms of experience gained, and you can talk about such consulting engagements in your interviews. You don’t necessarily have to aim at Fortune 500 clients, which would be difficult; you might provide your consulting services to local small businesses or even non-profit organizations in developing countries.
There are actually many other activities that can help you besides joining the main consulting club. There may be similar clubs such as the Operations Management Club or the General Management Club. Some schools offer courses that involve significant consulting field work in another country, such Global Consulting Practicum at Wharton or the Global Entrepreneurship Lab at MIT Sloan. You could also find a professor that engages in external consulting and offer to contribute. Finally, even if you are not involved in consulting activities, any leadership position in a student organization is much better than not being involved in extracurriculars at all.
What if your school doesn’t have a consulting club? That’s actually great, because that means you can become the founder of your school’s consulting club and you’ll be able to talk about the great leadership accomplishments you’ve had.
Don’t underestimate the value of such extracurricular experiences for interviews, resumes, and cover letters. Talking about how you created impact for a real client of your consulting organization is infinitely more effective than talking about how you created a great business plan for a virtual company in class and received an A on it.
Actively contributing to consulting-related extracurricular activities doesn’t just look good on your resume. It can help you perform better on consulting interviews and even help develop the skills to perform well after starting your consulting job.
Joining the consulting club on campus is an obvious first step. However, after serving hundreds of clients using our resume editing and interview services, we’ve noticed that many people simply stop there.
Simply mentioning membership in the consulting club doesn’t help your candidacy much. You should try to get a leadership position on the club, preferably President or another position that allows you to directly contact consulting firms (e.g. External Liaison, Vice President of Employer Relations).
This will give you a lot more opportunities to network with consulting firms compared to people who are simply members of consulting clubs. Make sure to mention your club activities on your resume and in your interview rather than just stating your position name. Regardless of what position you have in the consulting club, you need to be proactive. Leverage your school’s alumni network and LinkedIn to connect with more consultants and invite them to speak at your school. If you’re lucky, some consultants might even agree to help out in running a mock case interview session for your club.
Some consulting clubs are only about networking, speakers, and interview prep, but other consulting clubs actually perform consulting services for companies and organizations (often for free). This can happen even at the undergraduate level; Stanford Consulting is one example. This may take a great amount of work reaching out to companies, marketing services, developing strategies, and coordinating classmates, but will pay off greatly in terms of experience gained, and you can talk about such consulting engagements in your interviews. You don’t necessarily have to aim at Fortune 500 clients, which would be difficult; you might provide your consulting services to local small businesses or even non-profit organizations in developing countries.
There are actually many other activities that can help you besides joining the main consulting club. There may be similar clubs such as the Operations Management Club or the General Management Club. Some schools offer courses that involve significant consulting field work in another country, such Global Consulting Practicum at Wharton or the Global Entrepreneurship Lab at MIT Sloan. You could also find a professor that engages in external consulting and offer to contribute. Finally, even if you are not involved in consulting activities, any leadership position in a student organization is much better than not being involved in extracurriculars at all.
What if your school doesn’t have a consulting club? That’s actually great, because that means you can become the founder of your school’s consulting club and you’ll be able to talk about the great leadership accomplishments you’ve had.
Don’t underestimate the value of such extracurricular experiences for interviews, resumes, and cover letters. Talking about how you created impact for a real client of your consulting organization is infinitely more effective than talking about how you created a great business plan for a virtual company in class and received an A on it.
This is the BEST quote that I have ever read in my life! Wow! Just WOW!!!
Do not wait; the time will never be just right. Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.
- Napolean Hill.
International Internships via AIESEC. www.AIESEC.ca
Check out the link: http://aiesec.ca/en/students/internships
Click on the image below to enlarge. Or save it and enlarge :)
Click on the image below to enlarge. Or save it and enlarge :)
Ryerson Consulting Group (RCG)
Ryerson Consulting Group (RCG) Insight has been in operation since 1972 providing entrepreneurs and established businesses with professional and quality services. RCG Insight assists clients by striving to surpass expectations by providing immaculate results. The organization was first established as the Ryerson Business Consulting Service (RBCS) and operated as such until it was re-branded in 2004 as RCG Insight.
Services offered by RCG Insight:
- Business Plan
- Business Charter
- Financial Forecasting
- Feasability Study
- Competitor Analysis
- Industry Analysis
- Marketing Plans
- Marketing Strategies
- Customer Satisfaction Analysis
- Survey Design, Implementation & Data Analysis
- Focus Groups
- Website Development
- Interactive Multimedia Discs
- Custom Services
Affiliate Student Groups at Ryerson Students Union
Ryerson University groups are at the link: http://www.rsuonline.ca/index.php?section_id=109
An affiliate student group is comprised of RSU members who share an interest in an academic-related project or an academic program-based issue. Groups may have external affiliations such as professional societies.There are MANY groups.
However, some, which may interest MBA students are at the link:
http://www.ryerson.ca/tedrogersschool/bm/current/student_groups/
The ones that interest me are:
An affiliate student group is comprised of RSU members who share an interest in an academic-related project or an academic program-based issue. Groups may have external affiliations such as professional societies.There are MANY groups.
However, some, which may interest MBA students are at the link:
http://www.ryerson.ca/tedrogersschool/bm/current/student_groups/
The ones that interest me are:
- · AIESEC Ryerson
- · BizBudz Peer Resource Group
- · Business Students' Association
- · Capital Markets Group
- · DECA Ryerson
- · Human Resources Student Association
- · JDC Ryerson
- · Ryerson Consulting Group Insight
- · Ryerson Commerce Society
- · Ryerson Marketing Association
- · Ryerson University Accounting Society
- · Ryerson University Finance Society
- · SIFE Ryerson
Schulich International Case Competition held at York University, Toronto on Nov 25th and 26th, 2011.
York University’s Schulich School of Business hosted the inaugural Schulich International Case Competition (SICC).
The focus was on sustainability in the mining industry, with the support of Schulich Executive in Residence and former CEO of Inmet Mining, Richard Ross. SICC 2011 participants had the opportunity to examine sustainability challenges facing the mining sector. As sustainability issues and their associated risks increasingly shape the discourse around mining and extractives, developing a solid understanding and familiarity of this landscape is valuable for future business leaders.
This case competition brought 17 teams from top MBA schools along with sustainability professionals and top industry executives to advance the discussion on these challenging issues. An outstanding opportunity for students to compete on a truly global stage amidst leaders in one of the world’s most important and controversial industries.
Ted Rogers School of Management (Ryerson University) made it to the finals in the division.
Results:
Schulich School of Business, Ryerson University.
University of Alberta School of Business.
Rotman School of Management, University of Toronto.
Participants:
Harvard University?
Carleton University, Sprott School of Business
Columbia University, Columbia Business School
Concordia University, John Molson School of Business
Queens University, Queen’s School of Business
Dalhousie University, Dalhousie’s School of Business
Tufts University, Fletcher School of Law and Diplomacy
Ryerson University, Ted Rogers School of Management
York University, Schulich School of Business (x4)
Simon Fraser University, Beedie School of Business
University of Alberta, Alberta School of Business (x2)
University of Toronto, Rotman School of Business
More info:
The Mining Sector has been one of the most significant drivers of global economic growth throughout the 21st century. In 2010, revenues of the world’s top 40 mining companies exceeded US$400 billion and demand in this industry will only continue to grow as consumption in emerging markets increases. This remarkable growth does not come without its challenges. Shrinking availability of scarce resources along with growing demands for improved social and environmental performance by the industry is now core to the strategic thinking of industry leaders as they consider how to achieve responsible growth for their shareholders and all stakeholders. The participants in SICC will have the opportunity analyze complex sustainability issues currently facing the mining industry, present their views to top industry executives, receive relevant feedback as well as network with other students and industry leaders.
About the competition: SICC will give students the opportunity to approach tangible, real-world business problems from an innovative and pragmatic perspective. The selected participants will have the opportunity to present their solutions to top industry executives, receive realistic and thoughtful feedback and network with other students and industry leaders. SICC will welcome teams from across the world to participate in the competition on the weekend of November 25th, 2011. Students will apply as teams and only those selected from a pre-screening round (that involves a mini case analysis) will be invited to travel to Toronto to participate.
Team Composition: Teams are to be composed of four graduate students with a minimum of three MBA students enrolled in your respective school's MBA program. The fourth team member may be a student in a graduate program affiliated with your University from a relevant discipline including the following; Finance, Economics, Engineering, Geology, Law, International Development or a graduate program in Mining and Extractives.
Presentation Rules: Presentations will be for 15 minutes followed by Q&A for 10 minutes. Teams are allowed to choose how many members will present. Presentations can be either in PPT format or done with Prezi. All presentations must be submitted via e-mail to SICC@schulich.yorku.ca by midnight on Friday November 25th. If your team decided to use Prezi, it is your responsibility to ensure that the presentation can be submitted via e-mail.
Teams shall not identify their school, school colors, or school mascot in any way. This includes but is not limited to the following: Dress or mascot; This includes, but is not limited too: Ties, buttons, pins, hats, bows, shawls, earrings, cufflinks, jewelry, etc. Slides: Nothing on your slides should refer to your school, school colors, or school mascot. Oral Presentation: Teams shall not refer to their school, school colors, mascot, fight song, etc., during the oral presentation or Q&A session following the presentation. Appendices in the final slide submission are permitted. Failure to abide by these rules WILL result in immediate disqualification. External input: External input is permitted but all final deliverables must be the work of the team. Case Material: Do not contact the sponsoring company or anyone directly affiliated with the case. Doing so will result in immediate disqualification.
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