Alum Feature: Keith Mellott
Alum Feature: Keith Mellott, Class of 2015
Q & A with Forensic & Valuation Services Associate at Grant Thornton LLP
Why were you drawn to consulting?
I have never thrived in consistent, predictable environments. I love dynamic situations that keep me “on my toes” and force me to constantly learn new skills. Consulting is a perfect fit for somebody like me; it provides the opportunity to work within drastically different industries and acquire skills that I never would have in a more controlled environment.
What are three words to describe yourself and how did those characteristics contribute to your success in finding a job?
Curious, energetic, and motivated. Consultants are a different breed. It takes one to know one. The hours can be demanding and the intellectual challenges strenuous. During the job hunt, it is critical to convey a genuine desire to learn and a willingness to work.
Why did you choose to start your career at Grant Thornton?
Grant Thornton is an exceptional company. Their reputation speaks for itself. The great thing about starting a career at GT is the options you have. There is plenty of room for internal upward mobility, but GT will also provide you with the technical skills and the credibility to pursue advanced degrees at top schools.
Can you tell us about your role in Forensic & Valuation Services?
I work within the Forensic, Investigate, and Dispute Resolution Services department. Our department offers a variety of services. On a basic level, we investigate cases of financial fraud and provide expert financial and economic analysis during the litigation process. It involves a lot of data analytics, economic valuation, and forensic accounting.
What types of projects are you working on?
While I can’t speak too much about specifics, I can say that I am working on three very different projects! That’s my favorite part about my job; I am not restricted to one task or function.
What has been the biggest challenge for you while at GT?
My biggest challenge has not been related to GT itself. The transition from a college lifestyle to a working lifestyle should not be taken lightly. My daily routine requires more discipline and structure than it did in college. I certainly did not wake up at 6 in the morning during the school year! I have slowly adapted to the point where I am now accustomed to sometimes having to work 12-14 hours in a day and still accomplishing things outside the office, such as going to the gym or finding time for hobbies/interests.
How do you feel IUCG helped prepare you for work at GT?
The client-consultant relationship is at the core of every consulting firm’s success. IUCG taught me how to foster these relationships and maintain them throughout the course of an engagement. The hands-on experience with real life projects is irreplaceable.
What advice do you have for students interested in consulting? What do you wish you had known?
Consulting is hyper-competitive. You need to approach your career goals the way professional athletes approach theirs. You should have objectives every day that you strive to accomplish. Personally, I make a 5-year plan, a 3-year plan, a 1-year plan, a monthly plan, a weekly plan and a daily plan. You need to have some sort of vision for your future (even if it’s a rough outline) and you need to constantly monitor your progress towards your goals.
Final thoughts?
Learn how to use all the software you can! I cannot stress that enough. If you are masterful at Excel or programs like Stata, you are going to have an advantage over the competition. I would also advise learning at least one computer programming language. I started with R, which focuses on statistical and data analysis. Figure out what kind of consulting you want to do and research which programming languages will be most helpful for that type of work. Finally, the last piece of advice I can offer for undergraduates hoping to one day work in consulting is to forge as many professional relationships as possible in all kinds of industries. You never know who you might need to call upon for information or a favor!
- Published in Publication
An Inside Look at Business Advisory Services
In honor of recruiting season, IUCG hosted information session with Ernst & Young and Grant Thornton to learn the ins and outs of Business Advisory Services (BAS). Both companies recruit at UMass and offer an array of internships and entry-level opportunities ranging from risk advisory services to business consulting ventures. The resounding theme in both presentations was that at whichever firm you choose to join, the work will be relatively the same; what separates them is their culture and the way that impacts their processes.
EY Advisory is a 6.5 billion dollar global practice with 34,000 professionals worldwide. With a large international network already, EY has an initiative to double the size of its advisory practice by 2020. Throughout the talk, the Governance Risk and Compliance (GRC) practice at EY was highly emphasized, touching on their Financial Services Risk Management practice as well. Senior Manager John Wilbur reiterated EY’s passion for homegrown talent and their dedication to work-life balance. He highlighted a low utilization rate, their flexible work week, and frequent social outings. A major proponent of EY’s business advisory services is their accelerated management track, with advisors becoming managers after just 8 years with the firm. Wilbur remarked, “EY pushes you to hit the ground running. At the end of your first year, they want you to be able run client meetings, and at the end of your second year they want you to be able to go to client meetings on your own.” Another benefit of choosing an international firm like EY is an expansive network of alumni, many of whom maintain their ties to the firm and offer exit opportunities to EY employees.
Similar to EY, Grant Thornton emphasized the importance of their culture, which helps to determine the way they do business. Kaila Kennedy and Anna Kamenetsky, Senior Associates at Grant Thornton, shared their experiences in the business advisory practice during their visit with IUCG. Like EY, Grant Thornton’s talk highlighted their GRC practice, but the differentiating factor at GT is the cross-disciplinary work brought by their merging of GRC and business consulting. GT also primarily focuses on mid-sized businesses, which present completely different challenges than large corporations. Kaila and Anna spoke a lot about their opportunities to see the world while on the job—traveling to places like India, Ireland, Germany, Hong Kong, and Prague, as well as the hands-on learning their projects offered. Perhaps the most important take-away from their talk was a broader understanding of the culture of mentorship and the tight knit community that exists at GT.
After meeting with GT and EY’s Business Advisory Services representatives, IUCG held an intragroup case competition to foster team and community development within the organization. It was a great way to acclimate the new members to what IUCG is all about, and give them hands-on experience related to BAS. After getting an inside look at business advisory services and practicing their problem solving skills, IUCG student analysts are ready to begin their projects next week!
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