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.

Back to overview

EY-Parthenon

Strategy Consultancy

25.000 employees worldwide

Case Insights Career Page

Solve a Real Case from EY-Parthenon

Company case by

EY-Parthenon

EY-Parthenon Case: Virtual Marketplace

4.3

79.1k times solved

Difficulty: Intermediate

Candidate-led

Growth strategy

Profitability analysis

A leading online real estate marketplace in Germany – your-new-home.com – is struggling with stagnating sales after many(...)

A leading online real estate marketplace in Germany – your-new-home.com – is struggling with stagnating sales after many years of high growth rates. I(...)

Open case

Insights

EY-Parthenon Answers in Our Consulting Q&A

Wie wichtig ist es bei euch, dass ich mich vorab auf ein Case Interview vorbereite?

Nov 03, 2023

800+

Best answer by

Carina

Ich stimme Kristina in ihren Punkten zu. Generell würde ich aber auf jeden Fall immer ein paar Cases üben, da Du dadurch auch in gewisser Weise gelassener an die Interv (...)

Ich stimme Kristina in ihren Punkten zu. Generell würde ich aber auf jeden Fall immer ein paar Cases üben, da Du d (...)

EY-Parthenon

Solve a Real Case from EY-Parthenon

EY-Parthenon Answers in Our Consulting Q&A

Futher Interesting Employers