Oliver Wyman Internship: Benefits and How to Apply

Are you dreaming of becoming an intern at one of the most prominent consulting firms in the world? The Oliver Wyman Internship program could be your ticket to success. This article will explore all the information you need to apply for an Oliver Wyman Intern position. We’ll review the application process, eligibility requirements, and tips on increasing your chances of getting the Oliver Wyman Internship.

About Oliver Wyman

Oliver Wyman is one of the leading management consulting firms. This prestige company combines knowledge and expertise to produce organizational transformation, strategy, operations, and risk management. The company has over seventy offices across thirty countries.

Across the world, Oliver Wyman has over 6,000 experts who work with clients to do business, improve operations and manage risk, and boost their organizational performance to seize the most attractive opportunities.

Overview of Oliver Wyman Internship

Oliver Wyman Internship is a highly sought-after program that allows participants to gain practical experience in the consulting industry. The summer program typically runs for 8-10 weeks, during which interns will get orientations and training on the essential practices for success in management consulting.

Interns work closely with experienced consultants and engage in various activities such as research analysis, client meetings, and project management. However, this experience helps them build practical skills and exposes them to multiple industries and business functions.

Benefits of Oliver Wyman Internship

The Oliver Wyman Internship program offers numerous benefits to help interns develop their skills, strengthen their resumes and grow professionally. Here are some top benefits of participating in Oliver Wyman internships:

The opportunity to network with experts in the industry. This allows interns to build relationships with people who can offer advice, referrals, or job opportunities in the future. Thus, networking enhances interns’ marketability in their future job search.
During the internship, students interact with experienced professionals who guide various aspects of the consulting industry. This interaction helps interns learn about industry trends, best practices, and challenges faced by companies in their field.
Another benefit of the Oliver Wyman internship is exposure to real-world projects and business practices. Interning with Kearney consulting firm will expose you to diverse industries and business challenges, allowing you to understand industry trends better and prepare for future job opportunities after graduation or during a career transition.
Lastly, Oliver Wyman pays its interns a reasonable salary, which allows them to reduce expenses such as housing, transportation, and food. In addition to the monthly stipend, Oliver Wyman provides other financial rewards, such as travel allowances and bonuses for exceptional performance.

Duties of an Oliver Wyman Intern

Here are some of the duties of an Oliver Wyman Intern.

Adhere to the research ethics and follow the guidelines for collecting, analyzing, and reporting data.
Adhere to the research ethics and follow the guidelines for collecting, analyzing, and reporting data.
Keep a detailed report of your research activities and findings throughout your internship.
Researching different projects.
Take the initiative to learn new skills and give in to change.
Manage your time effectively and complete tasks before the deadline.
Collaborating with team members and other interns to achieve a project goal.
Present your research findings to colleagues, supervisors, and stakeholders.
Keep a detailed report of your research activities and findings throughout your internship.
Creating presentations, news, and materials that will communicate your research outcome.

Eligibility Requirements to Apply for Oliver Wyman Internship

The Oliver Wyman internship is open for accredited students and recent graduates. To be eligible, you must meet the following criteria:

Must be enrolled in a university or college program or have graduated within a year.
Be of legal working age in the United States, i.e., be at least 18.
Have an excellent academic standing with an average CGPA of 3.0.
Be a bonafide citizen or resident of the United States to apply for the internship.
Have an undying interest in social justice, including criminal justice reform, civil rights, education equity, economic justice, environmental justice, and healthcare equity.
Have the relevant experience and skills specific to the positions you want to apply for (Check the Oliver Wyman website for particular skills needed for each job).
To complete the application, provide documents such as a resume, cover letter, recommendation letter, etc.
Applicant must be able to work at least 10 hours a week for the internship period.

How to Apply for Oliver Wyman Internship

There are some steps to take to apply for the Oliver Wyman internship. They include:

Visit the Oliver Wyman website and navigate to the “Careers” section. Look for “Internships” in the careers section and follow the instructions.
Browse the available internships and select the one that best matches your skills, interests, and career goals. If you do not have an Oliver Wyman careers website account, create one by registering your email and setting up a password.
Once you have found an internship that interests you, click the “Apply” button and complete the online application form. Ensure to include a cover letter, resume, and other supporting documents the company requests.
When you are done submitting your application, you will receive a confirmation email. So, wait for a response from the company, which could take several weeks. If you are selected for an interview, the company will contact you to schedule a time and date.
The interview may be conducted in person or via phone or video call. The company will notify you of its decision after completing the interview process.

Expected Salary of an Oliver Wyman Intern

According to Glassdoor reviews, the estimated salary of an Oliver Wyman intern ranges from $25-$35. However, this number can vary depending on factors such as the level of education and relevant experience of the individual. Additionally, interns at Oliver Wyman can access numerous benefits, such as health insurance coverage and paid time off.

Frequently Asked Questions

What does Oliver Wyman’s internship offer?

Oliver Wyman internship offers a comprehensive and meaningful internship experience. You can work with experienced professionals and gain valuable knowledge in your field. You will also be able to develop your skills in problem-solving, communication, and teamwork.

Is Oliver Wyman an excellent company to work for?

Absolutely! Oliver Wyman is a great company to work for. They have a strong reputation in the industry and offer employees plenty of growth opportunities. Employees are to take the initiative and develop creative solutions to problems.

Are Oliver Wyman Interns eligible for payment?

Yes! Oliver Wyman offers paid internships in many of its departments. Your salary will depend on the position you hold and your experience level. Generally, interns can expect to earn a competitive wage commensurate with similar jobs in the industry.

Conclusion

An internship at Oliver Wyman internship is a great way to gain valuable experience in the Consulting field. The numerous benefits of the training, such as competitive pay, flexible hours, and mentorship opportunities, make it an excellent opportunity for any aspiring consultant. Furthermore, meeting the internship requirements demonstrates a high level of commitment and dedication that can advance your career further.