Rutgers Life Science Consulting Club (RLSCC)
Who we are:
Graduate students interested in exploring life science consulting as a career.
Marc Teitelbaum (firstname.lastname@example.org)
What we do:
1. Meet biweekly to practice case studies (Case study is an extremely important part of a consulting interview)
What is a case study interview?
- You are asked to solve a business problem, quickly, with limited information. You need to talk your interviewer through your calculations and thought processes.
- The goal is to see if you can think think on your feet, if the numbers you produce are logical, and if you can be trusted to communicate key insights in front of a CEO client.
2. Participate in case competitions held at prestigious business schools
What is a case competition like?
- A school will host the competition- you must apply and be accepted as a team
- We’ve attended: Columbia, Princeton, Yale, John’s Hopkins
- Usually a daylong event, sponsored by top consulting firms
- Host school will give you a business problem
-Example Princeton Case Competition 2017: How to Increase Spotify’s Revenue
-You have one week (or one day) to develop a business plan and presentation
-You present your plan in front of consultants from top consulting firms
- Finalists present in front of entire group, top finalists get prize money
- Entire day is a networking event! Consultants give information and are around mingling
- Panel discussion or a lunch for everyone to ask questions to all the consultants
- Ends with a reception dinner, food, drinks, and more networking!!
3. Meet and network consultants from various firms and learn more about their career
We typically network through
- case competitions
- inviting consultants to moderate our case studies
- inviting consultants for a roundtable discussion about the interview process
4. Gain real world experience whenever possible
Take on pro-bono consulting projects with real business cases