This course is an introduction to the management consulting industry. It is primarily intended for those considering a possible career as a management consultant and for those looking to pursue an Internship with a consulting firm. First, the course outlines the history, regulation, business models and competitive structure of the industry. Because the industry is changing quite rapidly, attention will be given to the dynamics of the industry's business models and competitive structure. Second, the course introduces participants to key practices in the consulting process, with specific attention to the analytical and diagnostic approach to the preparation of proposals and management of engagements. Prerequisite: SEM 201, 301, 210 or 310. Open to third-and fourth-year students.