Alex Bostrom graduated from Oxford with a PhD in History. He tells us how he started his career in Boston Consulting Group and what being a management consultant is like.
I work as a management consultant at the Boston Consulting Group. Consulting covers a wide range of activities, but essentially our job is to help companies to improve their performance, working with them to find solutions for existing problems and develop their strategy to move forward. We generally work with clients for two to three months at a time, so our projects are short and intense, but always interesting.
How did you move from a PhD to your current role?
I studied History for my undergraduate and Master’s degrees, and then for my doctorate. It’s fair to say that I did not originally see myself as a consultant. I loved my PhD, and thought seriously about being an academic, but I realised that while I was fascinated by my research, my thesis was only likely to be read by a couple of people, and one of those would be my mum! I applied to consulting as my research drew to a close, attracted by the opportunity to experience a wide variety of challenges in a very short timeframe, and the chance to work on real life practical issues. Once I got started, I never looked back!
What does an average working day look like?
The great thing about consulting is that there is no average working day. It sounds like a cliché but it’s true. The pace of the work means that each day we are continually encountering new challenges and tackling new problems. One week I might be flying off to the client site to discuss the company’s recent performance, others I might be in the office brainstorming ideas or training. The exciting part is not knowing what new projects you might be working on next.
How does your PhD help you in your job?
Despite the apparent disconnect between French military history and modern business, my PhD comes in useful every day. Studying for the doctorate taught me key research skills: being able to assimilate data quickly, formulating and testing hypotheses, and communicating findings clearly and concisely are pivotal tools as a consultant.
What are the best things about your job?
The job has many things in its favour. Working on fascinating projects for multinational clients is exciting, but the best part of the job is the people I get to interact with. Everyone is highly motivated, intelligent, but also humble. There is a great culture where everyone is eager to offer help and advice whenever you encounter a problem. The willingness to go the extra mile to help out a colleague never ceases to amaze me.
What are the downsides?
The workload can be challenging, but everyone is aware of that when they join. Part of the job is being willing to turn tasks around at short notice to meet tight deadlines
What tips would you give researchers wanting to move into the same, or similar, role?
I would highly encourage researchers to consider consulting, even if they feel they do not yet have deep business knowledge. While it is useful to gain some preliminary understanding of business strategy, at the start, all that’s required is the ability to think logically. You will quickly learn all the rest. The best approach is to attend one of the many recruiting events held by consultancy firms, and speak with them to get a feel for the industry and whether it would be a right fit for you.