What Is the Best Consulting Firm for Me?

Every consulting firm is unique. If you are interested in working in consulting, the available options include working for the typical strategy consultancies , more specialized boutique consulting firms, or for the so-called inhouse consultancies which are basically internal consulting firms of big companies. The big players in strategy consulting know how to set the tone by means of branding, demanding projects, internationality, and last but not least through attractive salaries. Boutique consultancies have the advantage that consultants may work in their favorite field in order to evolve into specialists. Inhouse consultancies are becoming more and more important for the job market, since employees are looking for more promising work-life-balance properties in their employers. Moreover, you'll be able to do your own networking in a big firm, and therefore lay a solid foundation for the transition into the later stages of your career.

What Are Necessary Skills for Me as a Consultant?

You'll have to bring certain abilities to the table, but it's about more than what's on your resume. Despite an excellent academic education, your future employer will also look for working experience, especially if acquired abroad. Particularly if you studied business/economics, you'll be expected to have at least two internships on your record when being interviewed.

Do I Need an MBA to Apply for a Job in Consulting?

While an MBA can be beneficial, it's not a strict requirement to apply for a consulting job. Consulting firms often seek candidates with diverse educational backgrounds, including natural sciences, medicine, and pharmacy. They highly value organized and analytical working behavior. Beyond educational qualifications, firms also emphasize soft skills such as communication abilities, self-confidence, and analytical skills. Even without significant practical experience, if you demonstrate these qualities, you could potentially be considered for consulting roles. Some firms may also offer workshops and mini-MBA programs to further develop your skills once hired.

What Are the Benefits While Working as a Consultant?

Working as a consultant offers several benefits. While the role often requires long working hours, especially for those starting their careers, it compensates with high salaries. Additionally, the experience you gain as a consultant can lead to promising career advancements and opportunities for personal development, extending beyond the realm of consulting. Many consultants leverage their experience to transition into roles in large industrial companies, smaller boutique consultancies, or startups, which can offer diverse career paths.

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Stern Stewart & Co.

Strategy Consultancy

>100 employees worldwide

Stern Stewart & Co. is an independent strategy consulting boutique. The consulting company advises selected leading global companies, entrepreneurs and sovereign wealth funds. Stern Stewart & Co. combines financial expertise with strategic enquiry and thus provides clients with a tangible added value. Therefore it nurtures a very close relationship of trust with its clients. The consultants' maxim is to advise every client as if it were their own company. The company's consulting focus is on the key management issues. Stern Stewart & Co. advises clients in the areas Strategy, Corporate Finance, Organization and Performance Management across all industries.

The international Think Tank "The Stern Stewart Institute" (TSSI) with its Annual Summit as well as the financing and implementation of social projects emphasize the importance of corporate responsibility.

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Career at Stern Stewart

What to Expect in the Application Process at Stern Stewart & Co.

Discover Your Career Opportunities at Stern Stewart & Co.

Depending on qualification, Stern Stewart & Co. offers various career entry opportunities. All positions share one thing in common: Expectations are high, but the company also offers you a lot. The boutique nature of the firm offers special opportunities at all career levels.

Solve Real Cases from Stern Stewart & Co.

Company case by

Stern Stewart & Co.

Stern Stewart Case: TexGroup – Breaking the crisis of a traditional textile company

4.8

3.8k times solved

Difficulty: Advanced

Candidate-led

Restructuring

TexGroup is a family-owned German heritage company, now in its third generation of leadership. Specializing in high-qual(...)

TexGroup is a family-owned German heritage company, now in its third generation of leadership. Specializing in high-quality, Made-in-Germany textiles,(...)

Open case

Company case by

Stern Stewart & Co.

Stern Stewart Case: Sports Growth

3.9

33.7k times solved

Difficulty: Intermediate

Candidate-led

Growth strategy

Market analysis

The sporting goods manufacturer TIGER SE which is broadly positioned in Germany wants to increase its sales.Th(...)

The sporting goods manufacturer TIGER SE which is broadly positioned in Germany wants to increase its sales.The company is fully integrated(...)