Consulting

Description

The consulting industry focuses on helping organizations improve their performance by analyzing existing business problems and developing plans for improvement. Consultants provide expertise in strategy, operations, human resources, IT, and other areas to help companies achieve their goals and navigate complex challenges.

Something Cool

Consultants are everywhere.  You could be a one-person consultant or work for a big firm.

Types of Companies

• Strategy Consulting Firms: Specialize in high-level strategic advice. Examples: McKinsey & Company, Boston Consulting Group (BCG), Bain & Company.

• Big Four Consulting Firms: Offer a wide range of consulting services, including strategy, operations, and IT. Examples: Deloitte, PwC, Ernst & Young (EY), KPMG.

• Boutique Consulting Firms: Focus on specific industries or types of consulting. Examples: L.E.K. Consulting, Oliver Wyman.

• IT/Technology Consulting Firms: Specialize in technology solutions and digital transformation. Examples: Accenture, Capgemini.

Further Education & Credentials Required

• Bachelor’s Degree: Typically in business, economics, finance, or a related field.

• Master’s Degree: An MBA is highly valued and often required for higher-level positions.

Entry Level Roles

• Business Analyst or Consulting Analyst

  • Description: Conducts research, analyzes data, and supports project teams in developing solutions.

  • Skills Required: Analytical skills, problem-solving, proficiency in Excel.

• Associate Consultant

  • Description: Works with senior consultants to deliver client projects, including data analysis and strategy development.

  • Skills Required: Strong communication, teamwork, analytical thinking.

How To Learn More

• Talk to someone doing the role you want.  Check out my writings on The Gift of Asking for Help, Mentors and Networking 101 on The Search page to learn how to do this.

• Ask you preferred AI assistant. 

  • Better understand your own skills and where you will be successful at Roles.

  • Check out my writings on various industries and departments at the Industries page.

  • Already know what you want to do but are looking for guidance on how to find a job within that industry?  Check out The Search for advice.