class: title-slide, center, middle background-image: url("images/plane.png") background-position: fill background-color: #F6F6F5 # .blue[Analytics Professional Pathways] ### .blue[Highlights from my journey in consulting] ### .blue[Enrico Manlapig] ### .blue[Westmont College] ### .blue[2021-08-06] --- layout: true class: center, middle background-image: url("images/plane.png") --- # 👋 # Hello! [<svg aria-hidden="true" role="img" viewBox="0 0 496 512" style="height:1em;width:0.97em;vertical-align:-0.125em;margin-left:auto;margin-right:auto;font-size:inherit;fill:currentColor;overflow:visible;position:relative;"><path d="M165.9 397.4c0 2-2.3 3.6-5.2 3.6-3.3.3-5.6-1.3-5.6-3.6 0-2 2.3-3.6 5.2-3.6 3-.3 5.6 1.3 5.6 3.6zm-31.1-4.5c-.7 2 1.3 4.3 4.3 4.9 2.6 1 5.6 0 6.2-2s-1.3-4.3-4.3-5.2c-2.6-.7-5.5.3-6.2 2.3zm44.2-1.7c-2.9.7-4.9 2.6-4.6 4.9.3 2 2.9 3.3 5.9 2.6 2.9-.7 4.9-2.6 4.6-4.6-.3-1.9-3-3.2-5.9-2.9zM244.8 8C106.1 8 0 113.3 0 252c0 110.9 69.8 205.8 169.5 239.2 12.8 2.3 17.3-5.6 17.3-12.1 0-6.2-.3-40.4-.3-61.4 0 0-70 15-84.7-29.8 0 0-11.4-29.1-27.8-36.6 0 0-22.9-15.7 1.6-15.4 0 0 24.9 2 38.6 25.8 21.9 38.6 58.6 27.5 72.9 20.9 2.3-16 8.8-27.1 16-33.7-55.9-6.2-112.3-14.3-112.3-110.5 0-27.5 7.6-41.3 23.6-58.9-2.6-6.5-11.1-33.3 2.6-67.9 20.9-6.5 69 27 69 27 20-5.6 41.5-8.5 62.8-8.5s42.8 2.9 62.8 8.5c0 0 48.1-33.6 69-27 13.7 34.7 5.2 61.4 2.6 67.9 16 17.7 25.8 31.5 25.8 58.9 0 96.5-58.9 104.2-114.8 110.5 9.2 7.9 17 22.9 17 46.4 0 33.7-.3 75.4-.3 83.6 0 6.5 4.6 14.4 17.3 12.1C428.2 457.8 496 362.9 496 252 496 113.3 383.5 8 244.8 8zM97.2 352.9c-1.3 1-1 3.3.7 5.2 1.6 1.6 3.9 2.3 5.2 1 1.3-1 1-3.3-.7-5.2-1.6-1.6-3.9-2.3-5.2-1zm-10.8-8.1c-.7 1.3.3 2.9 2.3 3.9 1.6 1 3.6.7 4.3-.7.7-1.3-.3-2.9-2.3-3.9-2-.6-3.6-.3-4.3.7zm32.4 35.6c-1.6 1.3-1 4.3 1.3 6.2 2.3 2.3 5.2 2.6 6.5 1 1.3-1.3.7-4.3-1.3-6.2-2.2-2.3-5.2-2.6-6.5-1zm-11.4-14.7c-1.6 1-1.6 3.6 0 5.9 1.6 2.3 4.3 3.3 5.6 2.3 1.6-1.3 1.6-3.9 0-6.2-1.4-2.3-4-3.3-5.6-2z"/></svg> @EnricoManlapig](https://github.com/enricomanlapig) [<svg aria-hidden="true" role="img" viewBox="0 0 512 512" style="height:1em;width:1em;vertical-align:-0.125em;margin-left:auto;margin-right:auto;font-size:inherit;fill:currentColor;overflow:visible;position:relative;"><path d="M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z"/></svg> @EnricoManlapig](https://twitter.com/EnricoManlapig) [<svg aria-hidden="true" role="img" viewBox="0 0 512 512" style="height:1em;width:1em;vertical-align:-0.125em;margin-left:auto;margin-right:auto;font-size:inherit;fill:currentColor;overflow:visible;position:relative;"><path d="M326.612 185.391c59.747 59.809 58.927 155.698.36 214.59-.11.12-.24.25-.36.37l-67.2 67.2c-59.27 59.27-155.699 59.262-214.96 0-59.27-59.26-59.27-155.7 0-214.96l37.106-37.106c9.84-9.84 26.786-3.3 27.294 10.606.648 17.722 3.826 35.527 9.69 52.721 1.986 5.822.567 12.262-3.783 16.612l-13.087 13.087c-28.026 28.026-28.905 73.66-1.155 101.96 28.024 28.579 74.086 28.749 102.325.51l67.2-67.19c28.191-28.191 28.073-73.757 0-101.83-3.701-3.694-7.429-6.564-10.341-8.569a16.037 16.037 0 0 1-6.947-12.606c-.396-10.567 3.348-21.456 11.698-29.806l21.054-21.055c5.521-5.521 14.182-6.199 20.584-1.731a152.482 152.482 0 0 1 20.522 17.197zM467.547 44.449c-59.261-59.262-155.69-59.27-214.96 0l-67.2 67.2c-.12.12-.25.25-.36.37-58.566 58.892-59.387 154.781.36 214.59a152.454 152.454 0 0 0 20.521 17.196c6.402 4.468 15.064 3.789 20.584-1.731l21.054-21.055c8.35-8.35 12.094-19.239 11.698-29.806a16.037 16.037 0 0 0-6.947-12.606c-2.912-2.005-6.64-4.875-10.341-8.569-28.073-28.073-28.191-73.639 0-101.83l67.2-67.19c28.239-28.239 74.3-28.069 102.325.51 27.75 28.3 26.872 73.934-1.155 101.96l-13.087 13.087c-4.35 4.35-5.769 10.79-3.783 16.612 5.864 17.194 9.042 34.999 9.69 52.721.509 13.906 17.454 20.446 27.294 10.606l37.106-37.106c59.271-59.259 59.271-155.699.001-214.959z"/></svg> emanlapig.net](https://emanlapig.net) --- # ☝️ # REMEMBER! # My situation is unique to me... -- # ...and your situation is unique to you! ??? What I share with you here probably does not apply to you! Don't do what I did. But find *general* principles about what helped you --- ## Where you intend may not be where you end up ### I wanted to be a musician!  --- ## Sometimes you need a little extra motivation  --- ## (Crazy) Professors can help you expand your vision  ??? **Ghanshyam Mehta** gave great grades and showed me that mathematics is about much more than notation - struggle and beauty: "proving this theorem is like climbing a mountain every step is so painful but the view from the top is truly spectacular" - knowing something is different to doing something: "what does it mean to solve a problem if you already know that a solution exists? what have you done?" **Rodney Beard** - i taught the entire statistics class with venn diagrams. they have no idea what's happening. - i wrote a paper about optimal lateness - crossing a 4-way intersection - you should cross all the way round - learn latex --- # Look for distinctive projects .pull-left[ ## Combinatorial games...  ] .pull-right[ ## ...under auction play  ] --- # Present your work whenever you get the opportunity  --- ## ☝️ Know the recruiting calendar -- ## ☝️ Expand and leverage your network -- ## ☝️ Research firms in your desired field --- ## I didn't do any of these things  ??? These are safer and more reliable paths into a good job --- # MANAGEMENT CONSULTING  -- ### Management consulting is the business of helping organizations improve their performance by identifying problems and recommending solutions --- layout: true background-image: url("images/plane.png") background-position: fill --- # Types of management consultants .pull-left[ #### Strategy #### IT #### Finance #### Marketing #### Compliance #### HR #### Economics ] .pull-right[ #### One-stop shop #### Boutiques #### Partnerships and sole propietaries  ] ??? Strategy boutiques The Big 3: McKinsey, BCG, Bain Second Tier: LEK, ATK IT specialists Accenture, Bearing Point, IBM Industry specialists Booz, Kurt Salmon, Oliver Wyman Technical specialists NERA, Strategic Decisions Group, Mercer The Big 4 Deloitte KPMG Ernst & Young PwC Typical functions Audit Tax Financial advisory Strategy & Operations Technology --- # APPLIED DECISION ANALYSIS / CAPITAL EFFICIENCY .pull-left[ ### Decision analysis ### Statistical modeling ### Optimization ### Real Option Valuation ] .pull-right[  ] ??? This is not a normal sort of team --- # Analytics for strategic pricing .center[] ??? Also revenue management - hotels, airlines, pharma Choose prices depending on competitors, weather, time of year, type of traveller --- # Analytics for operations and supply chain management <iframe width="800" height="500" src="https://www.youtube.com/embed/9avwLOaMd-k?start=7" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> ??? Also systems and processes - government child and family protective services Also network asset companies like pipeline operators --- # Analytics in finance .pull-left[ ### Derivatives ### Contracts ### Portfolio management ] .pull-right[  ] --- # Analytics to understand people <iframe width="800" height="500" src="https://www.youtube.com/embed/EmbRsPf67h8" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> ??? Especially useful in decision analysis when trying to understand values We use Principle Component Analysis to reduce high dimensional responses into a managable number of dimensions. Or, you can use cluster analysis to identify similar types of customers: early adopters, business users, holiday-makers, children etc. --- # Analytics for processing unstructured data <iframe width="800" height="500" src="https://www.youtube.com/embed/wvsE8jm1GzE?start=86" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> ??? Especially useful in legal work --- background-color: #FFFFFF # Dashboards and decision support systems .pull-left[  ] .pull-right[Wagholikar, Kavishwar & Maclaughlin, Kathy & Kastner, Thomas & Casey, Petra & Henry, Michael & Greenes, Robert & Liu, Hongfang & Chaudhry, Rajeev. (2013). Formative evaluation of the accuracy of a clinical decision support system for cervical cancer screening. Journal of the American Medical Informatics Association : JAMIA. 20. 10.1136/amiajnl-2013-001613.] ??? Oil and gas and utilities --- layout: true class: center, middle background-image: url("images/plane.png") --- # ☝️ ### Management consulting is the business of helping organizations improve their performance by identifying problems and recommending solutions  ??? These are skills you can bring to *any* job! Remember, too that m situation is unique to me...and your situation is unique to you! What I share with you here probably does not apply to you! Don't do what I did. But find *general* principles about what helped you --- # Problem solving is fun 😁 -- # 🙌 Work is high impact -- # Exposure is unparalleled 📷 --- # Competitive 👹 -- # 🏨 Travel gets old -- # Firm > Client > You 🙇 --- layout: false class: center, middle background-image: url("images/stars.jpg") background-size: cover background-color: #F5D443 # Coming soon! .center[### EB020 Research & Forecasting in San Francisco ] .center[### EB138 Applied Management Science] .center[### EB196 Decision Lab]