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.

Get to know top consultancies, and stay up to date on current career events and job offers.

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Oliver Wyman

Strategy Consultancy

>4,000 employees worldwide

Oliver Wyman counts among the leading international management consultancies worldwide, with more than 4,000 employees in more than 50 offices in 26 countries. The consulting firm combines distinguished industry specialization with superior methodical competence in process design, strategy development, risk management and organizational structure. Oliver Wyman designs and realizes sustainable growth strategies in close cooperation with their clients. Clients receive support in improving their business models, IT, processes, risk structures and organizational processes, speeding up processes and optimally seizing market potential.

Oliver Wyman is a daughter firm of Marsh & McLennan Companies, a global network of professional service enterprises, which offers consulting and solutions in strategy-, risk- and personal management to their clients. This network employs 57,000 people worldwide and has attained an annual revenue of USD 13 billion.

Career Events Cases Insights Career Page

Application & Career

Career at Oliver Wyman

What to Expect in the Application Process at Oliver Wyman

Discover Your Career Opportunities at Oliver Wyman

There are no pre-defined career paths at Oliver Wyman. Primarily, employees are encouraged to grow through the ambition to continuously self-improve personally and professionally. Successful consultants climb the career ladder fast and receive above average compensation. The crucial point is individual effort, which is why the promotion to partner at Oliver Wyman is neither based on your tenure nor your academic degree. How quickly you get more responsibility is solely dependent on your actions.

During the course of your career at Oliver Wyman, you will cooperate with leading corporations and experienced consultants within your teams. You will take part in high-impact projects and develop tailor-made solutions for your client’s problems, getting substantial insights into complex problem-solving and critical business processes. At the same time, you’ll continuously improve your professional skills and expertise en route to becoming a refined professional.

Oliver Wyman appreciates international mobility and intercultural experiences and supports employees who want to work at different company locations. The uncomplicated staff exchange around the globe strengthens the entrepreneurial culture of Oliver Wyman and gives you the chance to gain experience in a multicultural and international office environment.

Get to know Oliver Wyman personally

Oliver Wyman: Oliver Wyman Case Coaching

01/01 - 12/31/2025

Virtual

Herzlich willkommen zum Case Coaching Event für den bevorstehenden Berwerbertag bei Oliver Wyman! Unser Ziel ist es, euch bestmöglich auf eure anstehenden Case Interviews vorzubereiten und euch dabei zu unterstützen, euer volles Potenzial zu zeigen.

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Oliver Wyman: Women's Circle

01/01 - 12/31/2025

Monatlich rotierend

Möchtest du die Welt mit deiner FrauenpOWer beeindrucken? Während dieser Veranstaltung erhalten die Kandidatinnen eine Führung durch unser Büro und anschließend haben alle die Möglichkeit, bei einem gemeinsamen Abendessen unsere Beraterinnen persönlich zu treffen. Hierbei können Kandidatinnen in lockerer Atmosphäre Einblicke in den Berufsalltag bei Oliver Wyman gewinnen und wertvolle Gespräche führen.

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Solve Real Cases from Oliver Wyman

Company case by

Oliver Wyman

Oliver Wyman Case: Setting up a Wine Cellar

4.1

115.0k times solved

Difficulty: Beginner

Candidate-led

Profitability analysis

I’m thinking about setting up a wine cellar in my basement. The way I see it, shelf space would be divided into two sect(...)

I’m thinking about setting up a wine cellar in my basement. The way I see it, shelf space would be divided into two sections: (1) a “drinking” section(...)

Open case

Company case by

Oliver Wyman

Oliver Wyman Case: Full Electrons Ahead

4.4

129.7k times solved

Difficulty: Intermediate

Candidate-led

Growth strategy

Market analysis

Market sizing

Operations strategy

Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilo(...)

Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last(...)

Open case

Company case by

Oliver Wyman

Oliver Wyman Case: On the Right Track

4.4

83.9k times solved

Difficulty: Beginner

Candidate-led

Operations strategy

Profitability analysis

TrainCo is a manufacturer of rolling stock, or trains, with production sites in three European countries. The company ha(...)

TrainCo is a manufacturer of rolling stock, or trains, with production sites in three European countries. The company has seen declining profitability(...)

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Insights

Oliver Wyman Answers in Our Consulting Q&A

Mar 28, 2020

7.5k

Answer by

Mario

Thanks for the question Christine. I would structure the problem in three dimensions: Effect of crisis on Humans health and society, Effect of crisis on Science and Ph (...)

Thanks for the question Christine. I would structure the problem in three dimensions: Effect of crisis on Humans (...)

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