Sandra Anil, Deloitte
Prep: Over the few months leading to the internship, I contacted a few alums from our institute who had also interned with Deloitte in the past, to understand the nature of work and how best I could prepare myself. The internship kick-started with a jam-packed induction week. The induction week encompassed sessions on consulting skills such as Storyboarding and Research Methodologies. The sessions were conducted by various senior practitioners in Deloitte and in addition, each team was also assigned a practitioner as a mentor for the Case Study Simulation. This provided a stellar platform for us to interact with other practitioners across the firm.
Project: After the inductions, we were assigned to our respective engagements. I worked on an engagement for a Payment Services client. In the initial few days, I focussed on secondary research to identify the consumer archetypes and what would be their key financial needs. Following this, I helped to build an opportunity sizing model to project the potential revenue. Based on our projections, we assisted the client to prioritize key markets. In the final leg of the project, I performed competitor benchmarking by analyzing financial service players and ranked their offerings against existing services based on their capabilities.
Takeaways: There were two significant learnings for me throughout my internship. The first was "You are only as strong as your network." Since the internship is only an eight-week stint, it is paramount to connect and reach out as much as possible. The second is something which my manager often said: "Paralysis due to analysis." More often than not, we dig too deep and ignore the simple cues to cover all bases. The key is to logically structure our approach while striking a balance between attention to detail and logical analysis.
Soham Chaudhuri, Deloitte
Prep: I began my journey in the shoes of a consultant with just theoretical knowledge about what a consultant does; I had worked for almost two years in core operations, so naturally, and I loved solving problems and taking up projects, and I knew that a consultant does just that.
Project: During my internship, I learned the “Consulting Way.” From making client-worthy PPTs to correctly formatting excel sheets, conversing with clients, writing emails, identifying a problem, and structuring and storyboarding its solution – These are some of the most important things I learned as an intern.
Takeaways: The rigor is real. The long hours, the stringent timelines, the heavy workload often makes you want to give up. However, the thrill of solving problems, meeting and network with a host of people, learning from them, and gaining inside industry knowledge are some things you can never experience anywhere else.
Shreyans Agrawal, EY
Prep: To help the interns, EY organized regular training sessions on risk consulting & client handling. These sessions helped to cover four essential pillars of consulting: problem-solving techniques, client handling, practicality & effectiveness of ideas, and interactive communication.
Project: I worked with the company's top clients, assisting them in structuring their risk mitigation and expansion plans in all developing nations of AMEA. The first deliverables were detailed industry analysis and evaluating the current product portfolio of the client. Although the project was not extremely quantitative, I often had to analyze extensive client information to interpret critical changes.
Takeaways: Consulting often needs an ample amount of patience and structuring of thoughts. Always analyze the profile you are applying for, as each role & firm has a unique culture. Try to understand the bigger picture and present solutions with detailed analysis based on factual sources. Even in the interviews, continually analyze the case from a broader mindset considering the industry & stakeholders in that particular situation.
Manish Kumar, Cipla
Prep: When the three-day induction process began, we got an opportunity to interact with the senior management team. While the leaders emphasized it in their talks, we also got to know more about it through Cipla's 85 years enriched legacy, its Palliative Care Centre initiative, and above all, contributing to Cipla for Change foundation by volunteering for certain hours.
Project: My project required an in-depth analysis of different markets in the Middle East Region. Though the task of understanding these markets seemed herculean initially, the open culture allowed me to reach out to several employees, including the country managers, to get the insights.
Takeaways: While the work took place at its pace, the activities such as regular catch-up sessions, fun games, and competitions went on, which allowed the interns to connect in the virtual setup. Moreover, I also got a chance to be a part of Cipla Unplugged – an in-house radio where I shared my experience with its employees across the globe. And, my favorite part about the program: the opportunity the top 5 interns get to present their projects to Global CEO Umang Vohra.
- IIM Shillong Summer Internship Diaries 2021 | General Management
- IIM Shillong Summer Internship Diaries 2021 | Finance-Part 1
- IIM Shillong Summer Internship Diaries 2021 | Finance- Part 2
- IIM Shillong Summer Internship Diaries 2021 | Sales & Marketing- Part 1
- IIM Shillong Summer Internship Diaries 2021 | Sales & Marketing- Part 2
InsideIIM presents the 8th Season of Summer Saga where you can share your bizarre, enriching, a-little-difficult-yet-fun experiences with everyone and win prizes for the same. We have changed the rules in the eighth season. You don't need to wait for your internship to end in order to share your experience. Instead, it will be a digital diary, where you will be able to document your learnings and experiences, during your stint.
TIMELINE, PROCESS AND RULES
- You don't need to register on InsideIIM.com or on the Kampus App to take part in Summer Saga Season 8. Simply share your experiences in the Digital Diary. To maintain standardisation, every Digital Diary will have a few questions that you'll need to answer.
- Access all the Digital Diaries forms from here. You will receive Digital Diaries from us on the following dates:
-Digital Diary 1 - 02.05.2021
-Digital Diary 2 - 09.05.2021
-Digital Diary 3 - 23.05.2021
-Digital Diary 4 - 06.06.2021
-Digital Diary 5 - 20.06.2021
- After 20th June, we will collate your entries as a single article and share the same with the same.
- Your overall submission will be evaluated on the following parameters:
-Completeness: This depends on the number of Digital Diaries you have filled.
-Value Addition: This depends on how in-depth your answers have been. The score for this parameter will be given by our Judges.
-Reach: This depends on how many unique people have read your internship experience once we publish the article. We maintain fair play, we will publish all the articles on the same day, so that you can also share the same in your network.
- There is also a title called, ‘Campus With The Most Interesting Interns’ that will be awarded to (a) the campus that submits the maximum number of entries and (b) the campus that submits the best quality entries (based on the score given by our judges). The minimum entries from campus to be considered for this title is 10. So, if you want your campus to win the title then make sure your classmates and other students from your b school share their experiences in this year's Summer Saga Competition.
PRIZES TO WIN
This competition is broadly divided into four categories. Refer to the table below to know more about prizes in each category.
Banking and Finance
Sales, Marketing and General Management
HR, Consulting and Others
|1st Prize||₹ 10,000||₹ 10,000||₹ 10,000||₹ 10,000|
|Runner Up||₹ 5,000||₹ 5,000||₹ 5,000||₹ 5,000|
The 1st Prize winner will also get a one-hour 1-on-1 career guidance session with an industry stalwart, from our panel of mentors in Kounsel.
ABOUT THE JUDGES
Every year, we have Campus Managers from some of the top companies (such as Reliance, HSBC, Flipkart, ABG, HUL, TAS, etc) judging the annual Summer Saga competition. We will release the details of the judges of Summer Saga Season 8 soon!
Check out the previous year's winners!
Maybe this will help you reflect and recall these two months as well (which can come in handy when appearing for interviews in the future). InsideIIM is the perfect platform to chronicle your experiences, your highs, your lows and everything in between.