University of Wisconsin–Madison

Consulting, Finance & Business Roles

Consulting, Finance & Business Roles Icon

Look below for relevant events and throughout this page for resources to help you learn about and land a position in this field. You can also subscribe to this community’s newsletter for job/internship updates, employer events, and more.

Want personalized advice to figure out your next steps?

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!

More articles

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!

Consulting, Finance & Business Roles FAQs

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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

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.

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  1. 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.
  2. Wrap-up and Q&A (5–10 minutes)
    • You may be asked to summarize your recommendation or ask questions.

  1. Opening / Clarifying Questions (understand and structure a vague problem)
    • What are your initial thoughts?
    • What areas would you want to explore further?
  2. 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?
  3. 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?
  4. 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?
  5. 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)

  1. What do this company’s case study interviews look like?
  2. 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?
  3. Practice with sample case studies

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):

Mckinsey Case Study Example Question
Mckinsey Case Study – Example Question
Mckinsey Case Study Example Question - Answer
Mckinsey Case Study – Example Question Answer