Consulting, Finance & Business Roles

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Learn & Explore
Canvas Modules
Exploring Careers in Finance
Interested in finance? This interactive Canvas module will help you learn about different roles in finance, help you prepare for next steps, and connect you with UW alumni currently working in this field!
Economics Careers Hub
This Canvas hub provides self-paced tutorials and resources for undergraduate students that will help you to have the tools to successfully land an internship or full-time job.
Upcoming Events
Jobs & Internships on Handshake
Here’s a preview of just a few positions currently available on Handshake. Note that the date shown is not the application due date, but is the date the position was posted!
Network with Alumni
There are many UW-Madison alumni working in this career area who are ready to have a networking conversation with students like you! They can share more about their careers and experiences, give you advice on how to get into these fields, answer your questions, and more. Learn more about alumni here, and enroll in our Career Conversations Canvas module for our help in setting you up with a networking conversation.
Explore Career Paths
L&S students and alumni have the knowledge and skills to be successful in business careers. In fact, many employers seek out liberal arts students to meet the unique needs of their organization. Learn more here about how your L&S degree could translate into a career in consulting, finance, human resources, sales, marketing, actuarial science, and more! Not sure which area of business might be right for you? Try the quiz below to find out!
Actuarial science is a discipline that applies mathematical and statistical methods to assess the liabilities and risks a company faces when it offers an insurance product or pension plan. By analyzing numbers, historical information, and economic trends, actuaries evaluate future events to minimize undesirable outcomes. Actuaries most commonly work at insurance companies, consulting firms, or for the government, in disciplines including life, health, property & casualty, and pensions.

Consulting involves providing advice, strategy, and solutions to clients across many industries including businesses, government, and nonprofit organizations. Consultants can work in niche areas related to their expertise, or broad areas including management, strategy, and technology consulting. Consultants use fact-based, analytical thinking to break problems down into components and solve each component for a company or organization.

Financial services is concerned with the allocation (investment) of assets and liabilities over space and time, often under conditions of risk or uncertainty. There are many different subcategories of financial services that offer unique experiences and types of work including corporate finance, investment banking, commercial banking, asset management, real estate finance, and personal financial planning.
Check out our interactive Canvas module to learn about different roles in finance, get help preparing for next steps, and connect with UW alumni currently working in this field!

Human Resources involves supporting the employees of an organization. Typical responsibilities involve recruiting and staffing, compensation and benefits, training and learning, employee relations, and organization development. Each of these functional HR areas deal with helping employees in an organization perform more effectively and satisfactorily on the job. While some HR professionals may have responsibilities spanning across many of these areas, others specialize within one area.

If you enjoy working with technology, but don’t want to code, consider the career path in project management! You’ll work closely with others, oversee a team, problem solve, and use leadership skills in this path. In addition, you may plan and oversee technology-related projects such as the installation of computer software. During a typical day, you probably will be in your office or traveling to a client’s office for a project.

Sales & Account Management roles often involve developing and maintaining relationships with customers on behalf of an organization. Common tasks may include making cold calls, researching clients, giving presentations, negotiating contracts, visiting customers, and preparing sales reports. Professionals in this field can utilize their persuasion and relationship building skills to sell nearly any type of product or service to a wide variety of customers.

Consulting, Finance & Business Roles FAQs
No! We have alumni in all areas of business. Similar to what is needed on a resume, there will be some specific skills and points of emphasis, depending on the roles you are most interested in. For example, consulting roles will look for leadership, finance roles will look for analytical skills, and client relations will look for communication skills. The skills needed might be obtained through your major, a certificate, or through everything else you do outside of academics. It might be helpful to talk to alumni from a similar academic background as yours to learn more about their career path. We have alumni who are interested in meeting to talk with you. Check out our Career Conversations here to learn more.
Because many business roles are hiring proactively, you’ll see the most recruitment and job/internship opportunities posting in August and September of the fall semester, often for roles that start the following summer. While most opportunities will be posted in the fall, when you are ready to start your search you’ll see that there are still many opportunities because some companies recruit year round, and others have slightly different timelines and hiring needs. There is never a bad time to start searching, but if you can be ready before the fall semester starts, you’ll have the most opportunities to interact with.
Typically you’ll find paid internships over the summer between academic years in business roles. There are always exceptions, both in terms of finding an internship during the academic year or encountering an unpaid internship. If you have financial need and your internship doesn’t meet that need, SuccessWorks has a program to offer paid and supplemental pay for internships. Learn more here.
Not at all! What most people imagine when they hear “sales” is what is commonly known as ‘outside sales’, and even that is a large category to stereotype. Sales is any way the company interacts with its customers/clients. This includes ‘inside sales’ activities like customer experience, account management, service support staff, and sometimes product development. Outside sales is any sales activity that goes out from the company – i.e. making sales calls, driving in new business and yes, making cold calls.
Common advice is usually that sales is enjoyable when you’re passionate about your product/service. Instead of imagining a used car salesman, imagine the job that sells Google services, or medical devices, or event planning services.
No! Because it is a regulated profession and involves a specific math-set, an accounting career does generally require a degree, especially for more advanced positions. Finance, however, is not the calculation of funds (as accounting is), but the strategic use of funds. This means a candidate can often be taught the principles of finance on the job, but the asset of a finance professional is their critical thinking and problem-solving skills. These can be gained from any liberal arts degree that teaches the student to connect disparate ideas and think comparatively.
They’re great, but not always the right choice for everyone. An MBA is an excellent addition to a resume when it is pursued with purpose. Simply put, completing an MBA program does not guarantee you a pay raise or a Wall Street job. MBA programs are designed to augment and focus an already-existing business knowledge. Most MBA programs strongly encourage candidates to spend a few years in the workforce to best prepare them for the coursework of an MBA program.
The business field is possibly the most flexible of career paths to begin. Many entry-level jobs require a baseline proficiency of administrative, communication and problem-solving skills which can be met by a variety of experience that students gain through their college career. Broadly speaking, anything you are doing to show you can work well with others and get things done will help. That experience might come from a student job, class project, through campus involvement, or internships.
The trick for you as a student is to explain to others why your experience is transferable. If you can make the connections clear enough, you can make a good case for your candidacy for more positions than you think! Remember, we can help you figure this out!
Make an appointment to get advice on your options.
Never! It certainly pays to start as soon as possible with high-competition jobs like those on Wall Street, but that just means now is a great time! If you are interested in high-competition career tracks but aren’t sure where to start, begin by networking with alumni in the field to learn about how they got to where they are. Networking will help clarify your options to pursue the career, and will earn you friends in your new networking contacts along the way. You can do this networking at Career Fairs, alumni events, or even via LinkedIn.
If you have an initial draft of your resume and a sense of what you like and enjoy doing, that can be a great place to start exploring careers within the business field relevant to your skills and interests. Here are some helpful resources, including meeting with our peer and grad advisors if you are looking for help building your first college resume.
Also, if you have a specific role in mind (e.g. I would like to get an internship in consulting), let’s connect to talk through important aspects of your search including hiring timelines, best practices in submitting application materials (e.g. resume), networking, and interview process.
Resume Examples & Guide to Case Studies
Resume Examples
Guide to Case Studies
A typical case interview is a type of job interview commonly used in consulting firms (e.g., Accenture, Bain, Boston Consulting Group [BCG], Deloitte, PwC, etc.), as well as in client services, finance, and tech roles. These interviews assess your critical thinking, business acumen, and problem-solving ability through real-world business scenarios.
Case interviews typically fall into two categories: Structured and Unstructured.
- Structured interviews will evaluate your analytical ability and problem-solving skills. You will be shown various charts, graphs, and other fictitious information about a business situation.
- Unstructured interviews give you a chance to share your approach to the solution and thoughts on the business problem at hand. The goal is to see how you creatively think about business/strategy in a more holistic way and ultimately how you would go about
applying structure to the situation.
See below for more information on case studies.
- Introduction
- The interviewer explains the format and may ask about your resume or background briefly.
- Case Presentation
- You’re given a business scenario (e.g. “A client is experiencing declining profits”) and asked to solve the problem step-by-step.
- Wrap-up and Q&A (5–10 minutes)
- You may be asked to summarize your recommendation or ask questions.
- Opening / Clarifying Questions (understand and structure a vague problem)
- What are your initial thoughts?
- What areas would you want to explore further?
- Market Sizing / Estimation (ability to make quick, logical approximations)
- Estimate the number of coffee cups sold in New York each day.
- How many people in the U.S. own a specific brand of smart phones?
- Business Problem Solving (framework or logic to explore the case)
Common themes/problems:- Profitability – Our profits have dropped; diagnose the reason.
- Market Entry – Should the client enter the electric vehicle market?
- Merger & Acquisition (M&A) – Should company A acquire company B?
- Pricing – How should the client price their new software product?
- Growth Strategy – How can a retail company expand and increase revenue?
- Quantitative Analysis (calculate and/or analyze data on the spot)
- If revenues dropped 10% while costs remained fixed, what’s the impact on profit?
- Based on this chart, which product should the client prioritize?
- Creative / Brainstorming (ability to think outside the box and structure ideas)
- What are three ways to improve customer retention for a streaming platform?
- What are potential risks of launching a new product in (insert geographic region)?
- Structured thinking (framework, logic)
- Numerical agility (mental math, data interpretation)
- Communication (clear and confident)
- Business sense (realistic and actionable solutions)
- Coachability (responsive to hints or guidance)
- What do this company’s case study interviews look like?
- Many companies have sample cases and questions on their website. See: https://mconsultingprep.com/case-interview-examples
- What does the company want to see in an applicant?
- What do former or current employees say about the company?
- What company products/services, news or internal activity should be considered in your case study?
- Practice with sample case studies
- Brainstorm questions that might be helpful to better understand different aspects of the case
- View more company materials. See: Mckinsey, Bain, BCG, Bates White and Cornerstone.
Case Studies can range in their size and detail, here are a few diverse examples:
BRG Case Interview Summary/Materials: BRG Case Prep Materials, Case Data.
Mckinsey Example (with answer):









