The Global Consulting Practicum is a one-credit course that provides a hands-on, real world consulting experience. Participants are selected through interviews and an application, and each time has 5-6 people. The teams traditionally have first and second year students, but last year, it was dominated by first years. You also have a partner team at an international business school. I worked with a team of 5 at the Recanati School in Israel. There are also partnerships with schools in Chile, Mexico, and India.
The client is international (ours was in Israel), and they wanted to enter the US market with their scooter product. Our team was responsible with developing a market entry strategy (who should they target, how, distribution, price, etc.).
There are other similar projects for second years such as ASP (advanced study project). ASP students might work with a faculty member on a project, or with an outside company. There are definitely a lot of opportunities for hands-on consulting experience through GCP, ASP, FAP, and clubs such as the Wharton Community Consultants.
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I felt that the GCP would help me to achieve my goals because it provides real world experience in both marketing and consulting. My goal is to move into marketing, so the GCP provided additional experience in my first year at Wharton in developing a marketing strategy for a new product. In my first year internship interviews, I was especially glad that I was doing the GCP because I was able to provide relevant, current stories about my marketing experience in the interview. Same goes for consulting. I think this helps differentiate you from other candidates, and when you begin your internship, you all ready have some real world experience that you gained during your first year of business school.
To effectively change careers, you need as much practical learning as possible, and the GCP provides this opportunity. I respond very well to a "learn by doing" approach, so the project was a good fit for me.
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I wanted to ensure your questions got answered. I am a second year at Wharton, and I'll provide some insight into my decision process, which is pretty much different depending on the individual.
When you're considering an MBA program, you have to think about what you want to get out of it. Also, be honest with yourself about what type of program best suits your background and skills. The best way to find that out is by attending classes at each of your preferred schools (if possible) or talk to as many people at the school as you can.
When I was making the decision, I decided that I wanted to go to a school with a rigorous program that would push me in the learning process. I also wanted a variety of teaching methods (case, lecture, etc.). I didn't mind attending a large program (like Wharton) because I felt that the network would help me in the long run. The people at the school were also very important to me. I wanted to go to school with people who I could work with but also consider friends.
Wharton fitted the bill for me. On campus visits and at Wharton Welcome Weekend, I felt that all my needs would be met in this program. Not everyone is looking for the same things in an MBA education, so I'm sure people choose Wharton over other schools and vice versa.
My best advice to you is to think about what you want in an MBA program and identify which schools best fit your needs by visiting the school and talking to students. This isn't a decision to be taken lightly, and a lot of research is necessary in finding the right school for you. Best of luck!
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I chose Wharton over Kellogg for several reasons, some academic and some personal. Having known many alumni from both schools, I knew I would fit in and have a great experience at both schools. So why did I choose Wharton?
1) Academics- I am interested in marketing. Although Wharton may officially be ranked as the number 2 Marketing school, I feel that strong quantitative skills are critical to success in marketing, and that I could better gain these skills at Wharton. Now that I'm here, the validity of this decision has been confirmed by the marleting companies whom I've spoken to so far- they love Wharton grads for their ability to aggressively attack marketing problems from the qualitative AND quantitative sides.
Other factors included:
1) The learning team structure, where you work with the same 5-6 people for the entire year, which is representative of the workplace
2) The International diversity- my learning team includes members from India, Japan, Taiwan, Chile, and one other American- although our meetings often last much longer than they should as we compare cultural notes and stories, it has been such a great experience (an the long meetings are well worth it!)
3) I love Philadelphia. Period. (and it's not as cold, and as a married student, being in a city where you are able to spend some time with the non-Wharton community is nice)
4) Reputation- and a well deserved one- Wharton students are bright and competitive, but competitive in a positive way. They are passionate leaders. Basically, everyone just wants to make a difference and learn a lot, but learning a lot does not mean being buried in books all of the time. It means getting involved, taking the initiative to change things that need to be changed, and most importantly getting to know your classmates during intramurals, community service, and social events. I have found that I have much to offer my fellow classmates, and my classmates have even more to offer me!
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