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

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Inverto Case: FashionForward’s Sourcing Shake-up

4.7

3.7k times solved

Difficulty: Intermediate

Interviewer-led

Market analysis

Operations strategy

FashionForward is a mid-sized, private-label fashion retailer headquartered in Europe with €600 million in annual revenu(...)

FashionForward is a mid-sized, private-label fashion retailer headquartered in Europe with €600 million in annual revenue. Its product portfolio inclu(...)

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Inverto Case: VacuLuxe Innovations' Supply Chain Makeover

4.0

12.2k times solved

Difficulty: Intermediate

Candidate-led

Operations strategy

Organizational behavior

Profitability analysis

The client, VacuLuxe Innovations, is a manufacturer for vacuum pumps, e.g. rotary vane pumps, cryogenic pumps located in(...)

The client, VacuLuxe Innovations, is a manufacturer for vacuum pumps, e.g. rotary vane pumps, cryogenic pumps located in Germany. The company has grow(...)

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Inverto Case: Fast Dish Restaurant

3.4

11.9k times solved

Difficulty: Intermediate

Interviewer-led

Operations strategy

Organizational behavior

Pricing

Profitability analysis

Fast Dish, a publicly traded Quick Service Restaurant (Franchise) company with over €20 billion in revenue and more than(...)

Fast Dish, a publicly traded Quick Service Restaurant (Franchise) company with over €20 billion in revenue and more than 20.000 restaurants globally,(...)

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