I'm touching up my resume right now, but it's coming up a bit empty. I'm trying to decide what coursework I should list that would be appropriate for a banking internship. Problem is, I haven't taken any "real" finance courses yet, just general business stuff that's part of our core curriculum. Would appreciate feedback on which courses should go on the resume...
So far, I've taken:
Problem Solving using Computer Software (Word, Excel, & Powerpoint, basically)
Statistics with Regression
Principles of Financial Accounting
Principles of Managerial Accounting
Principles of Management
Principles of Marketing
Supply Chain and Operations Management
Principles of Entrepreneurship
Maybe I have more courses relevant to consulting internships at the moment?
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listing resume coursework
Our users shared that you should not list the most basic coursework - IE the entry level classes such as "principles of management." It is assumed that these are fluff classes that all business majors take. Instead you should focus on highlighting the hard skills classes that you have taken such as Financial Accounting, Calculus, Statistics, and Micro / Macroeconomics. Our users explain below.
User @j-rad shared the relevant courses from the OP's list:
Calc, stats, financial accounting, macro/micro
User @mwgr5 shared that you need to be prepared to talk about your coursework in interviews:
I agree with the classes j-rad highlighted. Also, be prepared to talk about the classes you list in interviews.
User @RJohns shared:
The "principles" courses aren't worth mentioning because they are the same low-level, intro courses everyone in b-school takes. Calc and stats also are standard, but better to mention. You have taken just the standard stuff, so you don't have anything distinctive to mention. If you can, take a more advanced course in math or analysis or something that sets you apart from the tens of thousands of business majors.
You can see a picture below that demonstrates an example of how to format this section on your resume.
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What Does a Consultant Do?
Management consultants work to increase efficiency. But that is a very simple way to explain what they really do behind-the-scenes for large companies and organizations. Here’s how their days break down.
The work of a management consultant varies from one project to another; some projects require an entire consulting team, with each person having specialized knowledge in one area. Other projects are smaller and can be handled by an individual consultant. The work involves a great deal of research, looking over internal documents, exploring expense reports, speaking with employees and monitoring day-to-day operations.
Some consultants make a point of specializing in one particular area, such as healthcare or retail sales. They might then specialize further under that umbrella, focusing on points such as inventory control, personnel and reorganizing corporate structure. They might also work with start-ups to design the best entry into the marketplace, or companies that are looking to downsize and sell to someone else. Either way, consultants often work under tight schedules and might work overtime to meet deadlines.
Consultant Salaries & Job Growth
Consultant Salaries Across the US
Management consultants in the United States made a median wage of $81,320 per year in 2015, according to the Bureau of Labor Statistics. That number might be higher or lower depending upon several factors, including experience, educational attainment and geographical location. Here’s what to expect from consultant salaries in various states.
Consultant Job Growth
As more organizations seek to save money by becoming more efficient, consultants are expected to be more in demand. In fact, the Bureau of Labor Statistics estimates an increase of 14 percent in employment for management consultants from 2014 to 2024, which is faster than the average for all occupations. Growth is expected to be strong in government agencies, small consulting firms and those that focus on international business. Growth will be driven by particular industries as well, such as information technology or human resources. Those who have specialized expertise, are fluent in a foreign language, have great people skills and have some knowledge of “green” technologies are expected to see the best opportunities.
Steps to Becoming a Consultant
Consultants must typically earn a bachelor’s degree in order to be competitive in the field. However, some employers prefer to hire those who have earned their master’s degree, specifically the MBA. Here are the steps to reach various consultant careers.
Earn a bachelor’s degree
Bachelor’s degree programs specifically designed for business analysts are rare, however, and many individuals earn their degrees in a related area such as finance, business administration, business management, or accounting. Those students who know the specific field of consultancy they intend to pursue may want to consider a degree in that specific area. For example, someone interested in computer systems may wish to earn a minor in computer science. Other courses of study to consider include marketing, psychology, human resources, engineering, political science and government.
Explore business and consultant degrees >>
Work experience is a plus in almost every profession. It is crucial in the field of consultancy and management analysis, however. Prior to graduation, or immediately upon earning a degree, an aspiring consultant or management analyst should pursue an entry-level position with the private business, government agency, or non-profit for which he or she wishes to work. Paid employment for starting positions, particularly those in the private sector, is available. But individuals should also consider non-paying internships as a way to get their foot in the door. Many consultants and analysts enter the profession after years of employment, so new graduates may want to consider beginning their careers in a related field. Work experience and on-the-job training provides a wider range of employment options as professionals look to advance their careers.
Earn the master’s degree if necessary
Some businesses and government agencies require candidates to hold a master’s in business administration (MBA) or a related advanced degree. Master’s degree programs in business are popular and can be found at most major universities and many private colleges throughout the United States. Additionally, there are a number of quality distance-learning master’s business degree programs available, offered by both well-established traditional institutions and fully-online schools. Students should be always careful, though, and confirm that a program is fully accredited before beginning their course of study.
Look to certification
Certification is not required to become a management consultant, but it can provide the holder with an advantage over non-certified job seekers. Certification in the field is offered by a number of professional associations and organizations. One of the best-recognized certification is that of Certified Management Consultant (CMC), offered by the Institute of Management Consultants USA. Candidates for CMC certification must fulfill several requirements, including three years in practice as a full-time consultant, a degree from a four-year college, and the completion of exhaustive written and oral examinations.
The more a management consultant knows about all areas of business and management, the better. Many consultants choose to attend stand-alone courses, training sessions, workshops and conferences to stay up-to-date on the latest trends, technologies and information.
Go it alone
Consultants who have learned the ropes and have built up a trusting group of clients could consider becoming an independent consultant. This does mean that they won’t have the protections and benefits afforded by working for someone else, but it also means they will have a great deal of autonomy and might enjoy even healthier salaries.
Preparing for Consultant Careers: Management Degrees & Programs
When an aspiring police officer chooses to go to school to obtain formal education, a world of possibilities opens up. Here are some of the potential places where the certificate or degree can be earned.
Undergraduate Programs & Degrees
The business degree is designed to provide a broad base of knowledge to students, including courses in finance, marketing, organizational behavior, statistics, accounting, business law and more. This well-rounded undergraduate degree can also be specialized a bit with electives that build on the knowledge offered in the core courses. Typical classes might include:
- Human resource management
- Public relations
- Strategic management skills
- Management information systems
The bachelor’s degree in psychology can provide a strong overview of how individuals and groups think and act, which are vital points to consider when advising a company on how to handle personnel issues. This understanding of human behavior might be especially advantageous to the consultant who intends to work with government entities, including social services. Typical classes include:
- Cognitive foundations
- Occupational & industrial psychology
- Research methods
- Perspectives on the social mind
Graduate Business Program Admission Requirements
Though some consultants may only need a bachelor’s degree, some might find that employers prefer those who have earned the MBA. In a competitive field, every edge counts, which is why those who hold a bachelor’s degree might want to consider pursing the master’s in business administration. Typical admissions requirements are listed below; however, students should always check with the admissions office of the school they want to attend to get a detailed list of what they will have to provide.
- Completed application
- Application fee
- GRE test scores
- Letters of recommendation
- Personal statement or essay
- Proven work experience
- Official undergraduate transcript
Consultant Degrees: Courses & Requirements
The most common degrees for consultants are found at the bachelor’s and master’s degree levels. Keep in mind that the bachelor’s degree can be in almost anything, as long as it relates to business, psychology, accounting and the like – all topics that will be informative for the aspiring consultant. Here’s what to expect from the degree options.
- Bachelor’s Business Consultant Degrees
Time to Complete: Four years of full-time study
- Degree Requirements
Most bachelor’s degree programs are comprised of 120-130 credits. In addition to general education courses, students will take courses in their chosen major and minor. Keep in mind that there is wide latitude in choosing an appropriate major for consultant careers.
- Why it’s different
Students have an enormous amount of choice when it comes to an appropriate bachelor’s degree. However, it might be advantageous to look toward a degree that fits in with a certain career aspiration – for instance, those who want to work as consultants for schools might want to earn a degree in education.
- Who this program is good for
Consultants must have a bachelor’s degree, at minimum, to find work in a competitive field. For those who aren’t sure which degree they might want to pursue, a degree in business – an informative “catch-all” field that touches on numerous topics – might be ideal.
Courses typically found in a bachelor’s business program include:
This course focuses on the concepts and techniques that make up the cornerstones of management, and follow the development of management principles as they are integrated into management theory.
- Planning, organizing and leading a group
- Controlling a project from start to finish
- Theories of management and practical application in the workplace
Students will learn how business challenges can be handled from an ethical standpoint, including real-world case analysis.
- Ethics of decision-making and policy development
- Proper human resource management
- Creating an open and ethical working atmosphere
Students learn about micro and macro-economic principles and concepts and how to translate those into real-world application for businesses.
- Understanding of government economy and international trade
- How economics factor into business decisions
- Understanding of costs, diminishing returns and the marginal principle
Primary and secondary stakeholders, ethics and social responsibility, and organizational activities are discussed in this class.
- Understanding how society and globalization affect business strategies
- How stakeholders influence business decisions
- Social responsibilities of stakeholders
- Master of Business Administration
Time to Complete: Two years of full-time study, but accelerated degrees are available
- Degree Requirements
Most MBA programs consist of about 50 credits; the number of credits required varies, but typically a student can expect two years of study. Many MBA programs are offered online to allow students to continue working while pursuing their education.
- Why it’s different
The MBA is considered a terminal degree for those in the business world. Consultants who hold the MBA might see a distinct hiring or advancement advantage over colleagues who have only the bachelor’s degree.
- Who this program is good for
The MBA is ideal for those who want to continue working as a consultant but want to focus strongly on one particular area of business; the MBA can be specialized to allow for that targeted training.
Students may expect to find the following classes in the MBA program:
This course looks at corporate performance as based on financial reports, how to analyze the reports, and what to look for in financial statements to ensure legality and adherence to regulations.
- Understanding of accounting standards
- How taxes factor into financial analysis
- Reading, interpreting and analyzing financial documents
This course provides a strong overview of MIS and how to effectively run a business-wide operation.
- Managing IT as a strategic resource
- Understanding the role of the CIO
- Process engineering, planning, governance and communication
This course familiarizes students with statistical theory, business systems analysis and improvements.
- Understanding probabilities
- Using common software
- Decision analysis based on a variety of simulations