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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Inverto, a BCG company

Boutique Consultancy

>600 employees worldwide

Cases Career Page

Solve Real Cases from Inverto, a BCG company

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PrepLounge

Inverto Case: FashionForward’s Sourcing Shake-up

FashionForward is a mid-sized, private-label fashion retailer headquartered in Europe with €600 million in annual revenue. Its product portfolio includes fast-fashion collections for men and women, sold in 220 stores across six countries, and online.The company currently sources approximately 85% of its total production volume from Bangladesh, heavily relying on just three key suppliers for over 70% of that volume. Their procurement strategy is highly cost-driven, and supplier relationships are transactional. FashionForward has now asked Inverto to develop a new sourcing strategy.Over the last 18 months, FashionForward has faced increasing procurement challenges:A drop in demand for trend-sensitive fashion categoriesLong lead times (up to 40 days), limiting reactivity to seasonal trendsRepeated shipping delays and FX volatility from BangladesOverstocking in basics and stockouts of fashion-forward itemsESG non-compliance flagged in two factories during an auditGrowing pressure from the board to increase agility and reduce dependency on Bangladesh

6.5k times solved

Difficulty: Intermediate

Interviewer-led

Market analysis

Operations strategy

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Inverto Case: VacuLuxe Innovations' Supply Chain Makeover

The client, VacuLuxe Innovations, is a manufacturer for vacuum pumps, e.g. rotary vane pumps, cryogenic pumps located in Germany. The company has grown from a start-up to a major corporation over the last 50 years. However, after benchmarking the economics of their business, the client discovered that their direct spend (i.e., COGS supplier spend) represented a higher percentage of their revenue than their closest competitors.The client's top management has engaged the SCM and procurement specialized consultancy Inverto to advise the company in this critical situation.An initial meeting with the CPO of VacuLuxe Innovations will be conducted tomorrow. VacuLuxe Innovations aims to discuss optimization potentials in the current collaboration with suppliers as well as levers to improve the supply chain resilience & carbon footprint. Unfortunately, VacuLuxe Innovations has only submitted the following high level data for their direct spend yet.

14.0k times solved

Difficulty: Intermediate

Candidate-led

Operations strategy

Organizational behavior

Profitability analysis

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Inverto Case: Fast Dish Restaurant

Fast Dish, a publicly traded Quick Service Restaurant (Franchise) company with over €20 billion in revenue and more than 20.000 restaurants globally, has recently faced major challenges with regards to supply chain management and sustainability.The client's top management has engaged the SCM and procurement specialized consultancy Inverto to advise the company in this critical situation.