Project Seminar "Management Consulting"

Bachelor 2024/2025

Type: Compulsory course (International Business)

Delivered by: Department of Strategic and International Management

When: 3 year, 3 module

Open to: students of one campus

Instructors: Троян Елена Сергеевна

Language: English

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Abstract

The project seminar has a practical focus and aims at preparing students for the implementation of a management consulting project for an external client - a large company facing complex external challenges that require strategic business transformation. Within the seminar, students apply the knowledge and skills acquired in various courses in the field of strategic management, financial management and marketing and other. As a part of the seminar, students master the basics of organizing and conducting a management consulting project, key practical methodologies and tools used in similar consulting projects.

Learning Objectives

The aim of this course is to equip students with the practical skills and theoretical knowledge necessary for the successful implementation of management consulting projects in real-world settings.

Expected Learning Outcomes

The student is able to articulate what management consulting is, including its core principles, objectives, and the services offered to businesses.
The student analyze unfamiliar topics and industries effectively by employing research skills, analytical thinking, and adaptability to learn and apply relevant consulting methodologies in diverse business contexts.
Students will analyze a consulting scenario and develop a proposal that incorporates AI tools to solve specific client problems, demonstrating the benefits outlined in their discussions.
Students will discuss major ethical considerations surrounding AI, including issues of bias, privacy, accountability, and transparency.
Students will apply AI in consulting, focusing on areas like big data analysis, predictive analytics, and process automation.
Students will develop a comprehensive change implementation plan for an organization, clearly outlining strategic steps, resource requirements, and timelines.

Course Contents

Fundamentals of Management Consulting
Using AI in Consulting
Change Management and Implementation of Recommendations

Assessment Elements

Assignment 1
Assignment 2
Assignment 3
Assignment 4

Interim Assessment

2024/2025 3rd module
0.2 * Assignment 1 + 0.3 * Assignment 2 + 0.2 * Assignment 3 + 0.3 * Assignment 4

Bibliography

Recommended Core Bibliography

Chereau, P., & Meschi, P.-X. (2018). Strategic Consulting : Tools and Methods for Successful Strategy Missions. Cham, Switzerland: Palgrave Macmillan. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1632547
Rasiel, E. M., & Friga, P. N. (2001). The McKinsey Mind : Understanding and Implementing the Problem-solving Tools and Management Techniques of the World’s Top Strategic Consulting Firm. Chicago, IL: McGraw-Hill Professional. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=66530

Recommended Additional Bibliography

Andler, N. (2011). Tools for Project Management, Workshops and Consulting : A Must-Have Compendium of Essential Tools and Techniques (Vol. 2nd rev. and enlarged ed). Weinheim: Publicis. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=398566
Castillo, A. (2014). Management Consulting : 24 Most Asked Questions What You Need to Know. [Place of publication not identified]: Emereo Publishing. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=617991
Phillips, J. J., Phillips, P. P., & Trotter, W. D. (2015). Maximizing the Value of Consulting : A Guide for Internal and External Consultants. Hoboken, New Jersey: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=996595

Authors

Veselova Anna Sergeevna

Course Syllabus