One of the more common types is the management consultant.Consulting and the means by which the (external) consultant is engaged vary according to industry and local practice. Photo of feet … Questions: How long does a typical consulting project take?

However, in recent years the consulting industry (and many others) has seen a switch from firms and dedicated teams of people to freelance workers and virtual teams. Alex Nuth is a Management Consultant at Accenture . A fairly typical engagement team size at McKinsey I worked in industry for nearly 5 years after receiving my BSEE.

Photo of … At age 26, I got my first job in management consulting and remained in consulting for 40 years before retirement. The true picture of modern consulting is a lot closer to home, and you probably know someone right now making great money as a consultant.

Just over half of these consultants come from the United States; another quarter come from Europe. The generous salaries, exciting projects and enormous scope for advancement keeps graduates hopping on this fast-track to the executive floor. How are tasks divided up between team members? Ways of work. Video teleconferencing policy. The range of areas of expertise covered by the term "consultant" is wide. Since the rise of consulting in the ’60's and ’70's, management consulting has been seen by many as one of the most interesting, fulfilling and rewarding industries to work in. How does the actual team process work? Hello Harsh – Consulting jobs usually require several years experience or an education in a particular field or industry. Or you can look for companies who want ‘relationship consulting.” This type of job is characterized by one consultant … Alex Nuth is a Management Consultant at Accenture . Advantages: Very well-developed and defined consulting methodologies, ample work… Big 5 consulting firms Like Bain & Company, Accenture, and PriceWaterhouseCoopers, which generally work for the largest Fortune 500 companies on complex, global projects.

I t seems like everyone these days is in management consulting – strategy consultants, business consultants, technology consultants, IT consultants, marketing consultants, and the list goes on and on.. It’s a catch-all title for someone who gets paid to give their advice on particular subjects to companies. I'm a chemical industry consultant and have been for about 4 years or so. Questions: How long does a typical consulting project take? Consulting Magazine: Industry trade journal for Management Consulting, featuring annual Top Consultant rankings, Best Firms to Work For, Industry-specific articles and analyses, and many … Consulting differs from industry jobs you may have had: People who are considering moving from industry to consulting roles have many transferable skills and are highly sought after. "5 Reasons To Try Consulting (No Matter What You Want To Do)" was originally published on The Daily Muse. ... Transgender employees in tech: Why this "progressive" industry has more work to do. As a procedural note, my current job does not make a distinction between "consulting" and "advisory" and so neither do I, really. The multi-billion dollar industry is growing at a steady rate, but analysts predict downhill for the maturing industry.