After
the induction program, it was the time to start the club activities for the
year 2010-11. ConSIG, the consulting club of SJMSoM, started its activities by
conducting the summer internship experience sharing session on 12th August,
2010. Swapnadeep, Ankul & Sanjoe from SOM-11 batch shared their
summer’s experiences of working for in consulting profiles varying from supply
chain consulting to management consuting and private equity profiles.
The
session started with the presentation by Swapnadeep Bhattacharya who had his
internship in Global eProcure – a boutique consulting firm that specializes in
Supply Chain Management.Global eProcure (GeP) is in business of helping
companies transform their procurement operations by refining supply chain
practices. During his talk, Swapnil shared his knowledge on GeP’s work culture
and introduced many concepts, for example Forward Auctioning, Reverse
Auctioning, MRO (Maintenance Repair Operation), TCO (Total Cost Ownership)
Analysis, Market Print, etc.
Then
Ankul Tulsyan who did his internship in Capgemini Business Consulting, shared
his experiences. He worked in about 6 projects in multiple sectors including
retail and cement during his 2 month stint there. He talked about AS-TO and
Costumer Relevancy frameworks that are widely used at Capgemini. He also shared
the different challenges he faced starting from doing the research of cement
industry on first day of his internship to preparing presentation for the
client in the short notice of just 1 hour.
Lastly,
Sanjoe Tom Jose shared his experiences. He did his internship in Future Capital
Holding- a Private Equity firm which is now renamed as Everstone. He
was involved in Restructuring of business of one of their investee
companies. He shared that his major task was to plan & execute a road map
for expansion of the business. He told he used multiple ways to achieve it such
as planning some incentives for workers & getting area level promotions
executed. He told about the challenges he faced in managing the highly
experienced managers & convincing them.
He concluded by emphasizing on the
importance of networking & people management which was the learning he got
from his internship. We also got to know some basic concepts of PE, the difference
between PE, VC and Angel Investor and their role.After the session, students
added terms like GPs (General partners) & LPs(Limited Partners) to their
business vocabulary.
Each of
the presentation was followed by Q&A. Students from SoM-12 as well as;
SoM-11 were very enthusiastic in asking questions & gaining knowledge about
the work their peers have done that exemplified the importance of learning from
the peers in a B-School.
The
summers experience session was followed by a short discussion on the solution
of CONVOLUTED – the online strategy game conducted by ConSIG for SOM12
students. The participants enthusiastically discussed possible solutions to the
case study. After an insightful brainstorming session, Anirban & Ujjayan
(event coordinators from SoM'11) shared the best possible solution to the case
to which most of the participants agreed.
Unlike
finance, marketing, or operations, consulting is more of an applied field as
there are no dedicated subjects to learn from. In such scenario, ConSIG plays a
vital role to bridge this gap and provides a very important platform to
understand and prepare for consultancy profiles in industry. All in all, we
gained immensely from this two hour session. Many of us are looking forward to
be a member of this club.
written by,
Rakesh Jethani & Jay Wadhwa,
SJMSoM'12
Rakesh Jethani & Jay Wadhwa,
SJMSoM'12
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