FTMBA strategic consulting project

Consulting in real-life 

Strategic mindset. Analytical skills. Critical thinking. Commercial awareness. Whether you are looking to pursue a career in consulting or a strategic role in a corporation, these skills are crucial across sectors and functions. 

The Strategic Consulting Project is designed to develop your potential by applying your knowledge and problem-solving skills to a real-world consulting project for an external organisation. Building on your innovative thinking and entrepreneurial abilities, you will work in a dynamic team to produce recommendations that will be presented directly to the client. 

Consulting is a popular career choice for our Full-Time MBA students, and one that many successfully pivot into post-MBA. Our employment report statistics show that 20% of our class of 2020 went into the consultancy sector. 

Taking on the role of a team of consultants, you will manage the project from initial problem-framing through to completion, drawing on your knowledge from the programme so far. The consultancy process is emphasised throughout, with the project building on the tools and techniques developed in the core Business Problem Solving module

You will also be supported by workshops run by experienced consultants where you present your work, receive detailed feedback on your progress, and raise questions. Workshops include: defining the problem, gathering and analysing data, communicating results, and project and client management. Workshops will also explore the consulting industry, including looking at the different types of consulting and how consultants add value. 

The projects stem from a wide range of high-profile organisations but will typically be the type of strategic or operational questions which consultants might be expected to address. For example, it could be the reorganisation of a service, a market analysis of a new product, or a strategic review of an area of activity. Recent clients have included BTe-HarmonyP&G, Modulr Finance, Rajasthan Royals and Unilever. 

During the project, you will be able to expand your network. You will manage your relationship with a project lead from your client’s company and liaise with them for the duration of the project. Each group will also be assigned an informal mentor who will be an alumnus of the Imperial MBA and currently engaged in consulting activities. 

This project is offered as one of two projects that focus on building your teamwork skills; you may alternatively choose the Entrepreneurial Journey. 

This project is offered as one of two projects that focus on building your teamwork skills; you may alternatively choose the Entrepreneurial Journey.

The Strategic Consulting Project was the perfect application for all that we had learned during the Business Problem Solving module in the second semester of the programme.

Dealing with a live client and taking time to understand their business problem and systematically map out a solution, do the research under the guidance of both the faculty and the client, and eventually present our key learnings and insight has been a very useful learning experience which I will take with me for the rest of my career.

It was particularly notable that the research involved a field that I (as well as most of the team) had little or no prior knowledge of, and by the end of the project we were all quite formidable on the subject.
Full-Time MBA 2020-21
Ten Esan, Full-Time MBA 2020-21, student at Imperial College Business School