Mississippi Consultants Package - Deluxe
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FAQ
The daily work of a management consultant includes gathering data and insights (through research, surveys, interviews), running analyses, making PowerPoint presentations, and pitching solutions to clients. The job involves a lot of traveling, and long hours are the norm.
Compensation. Business consulting is a lucrative career choice for those who excel at their job. Bringing in a consultant to advise a multi-billion dollar company, for example, has the potential to create significant profits for that company. They may pay high wages for the right consultant.
The best known way to break into consulting is through an undergraduate or MBA degree. However, that is by no means the only path. These days, consulting firms are much more amenable to hiring candidates from outside these two traditional paths.
Consultant Qualifications. Because consultants work on a contract basis, there are no set qualifications to be a consultant. It comes down to what the organization needs and how well you can sell your offer. However, businesses expect consultants to give expert-level advice, and consulting jobs are competitive.
But in fact, management consulting firms are generally not all that concerned with finding candidates with an academic background in business. In fact, moving from a PhD or Advanced Degree to consulting is a very well-respected career path in the world of top-tier management consulting.
To become a management consultant, the minimum education requirement is an undergraduate degree. Typically, people with an MBA or a master's degree in a relevant field are at an advantage. It's also beneficial to have a degree in a relevant subject area. Many consulting firms hire candidates straight out of college.
Specific services vary by consulting firm, but here are some of the most common responsibilities of a consultant: Identify obstacles preventing growth or efficiency. ?Pinpoint opportunities for change and help implement changes. Provide training and resources to staff and management.
There is no list of degree subjects or majors that top consulting firms require candidates to have studied. However, McKinsey, BCG and Bain tend to favor Business and Economics degrees and STEM majors (i.e. Science, Technology, Engineering, Mathematics).