Welcome to the PTCMW Annual Graduate Student Consulting Challenge Competition webpage! Now in it's 5th year, the Consulting Challenge is a graduate student competition developed by PTCMW to allow students to develop key professional skills, while expanding their professional networks and winning great prizes! Specific information for the annual competition is listed below. Thank you for visiting!
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2019 Consulting Challenge Date:
To be Announced Fall 2019
Typical Event Schedule:
Consulting Challenge Sponsor
How Does the Challenge Work?
1. The first 30 students to register are able to participate (PTCMW membership not required).
2. Students are then placed on one of 5 teams with students from other universities.
3. The sponsor organization then presents teams with an RFP that outlines a real organizational challenge.
4. Teams work together to develop a two-page executive summary and presentation.
5. Sponsor organization representatives and expert I-Os will judge presentations and rate executive summaries.
6. One team will win the challenge and be awarded with $1,250, prize structures vary for all other teams.
TEAM COMPOSITION: PTCMW leadership reviews applications in regards to previous work or research experience, university affiliation, and year in school in order to develop diverse and fair teams.
Why Should You Participate?
EXPERIENCE A REALISTIC JOB PREVIEW: PTCMW and the sponsor organization present a real challenge local organizations are currently facing in a realistic RFP format. Students present as if they were external consultants bidding on a consulting project. Solutions are judged by expert practitioners based on theory, technical merit, and innovation.
EXPAND PROFESSIONAL NETWORK: Students currently enrolled in local I-O and related programs are assigned to a group made up of students with differing expertise, knowledge, and program affiliations. After students get assigned into teams, everyone is invited to connect with PTCMW board members at a happy hour in DC.
DEVELOP CONSULTING SKILLS: Teams are responsible for building an effective team, developing products, and presenting results.
BUILD COMMUNICATION SKILLS: Each team presents to an independent panel of expert I-O judges and receive invaluable feedback.
WIN PRIZES: The winning team will win $1,250, and the runner‐up team will win $750. In addition, every participating team will receive free 2018 PTCMW student membership, and the top three teams will also win free admission to PTCMW’s 2018 Fall Event, where they will be recognized in front of over 200 local I‐O academics and practitioners.
How To Register
ELIGIBILITY: Students must be in a Master’s or Doctoral program in Industrial-Organizational Psychology, Organizational Behavior, Management or related program. Students must commit to being in person for the event and to contribute equally and fairly to their team. We encourage students from outside of the greater Washington, DC Metro to participate also. PTCMW membership is not required to participate!
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