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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thyssenkrupp Management Consulting

Inhouse Consultancy

>70 employees

tkMC is active in all Business Areas of thyssenkrupp worldwide – a diversified industrial Group with about 161,000 employees in 78 countries. Our consulting services focus on the top management of the Business Areas, Heads of Corporate Functions and the Regional CEOs of thyssenkrupp.

Together with our clients we have a classic strategy consulting approach. On site, we develop in our 3-6 months projects customized solutions.

thyssenkrupp is currently undergoing times of fundamental change – probably one of the most exciting and challenging transformation stories of a major corporation.

Therefore, “Consulting for the better” is of significant importance to us: tkMC as an in-house consultancy for the top-management level makes a valuable contribution to the realignment of the Group.

To further support the transformation of ThyssenKrupp our “Execution Taskforce (ETF)” aims to “make things happen”. Together with our clients the ETF team is responsible for sustainably establishing tkMC-recommended strategies and supporting the implementation of Group-wide change programs.

It is our mission and our goal, to push forward a globally positioned corporate group.

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Our hand-picked team of performance-driven top graduates, young professionals and experienced consultants from top-tier external strategy consulting firms enables us to meet the high demands of our projects. Each of us contributes with personality, proficiency and commitment to successful consulting projects, constant development and a special team spirit at tkMC.

Besides the close cooperation with our clients, the teamwork and performance-based mindset within tkMC have a significant impact on our project success. For this reason, we appreciate straightforwardness, frankness and respect of each other for constructive teamwork.

Get to know thyssenkrupp Management Consulting personally

tkMC: Events 2025

01/01 - 12/31/2025

Köln, Mannheim & weitere Standorte

Lerne tkMC persönlich kennen und nimm an einem der nächsten Karriere-Events der Inhouse-Beratung teil. Hier kannst du dich über aktuelle Termine informieren.

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Solve Real Cases from thyssenkrupp Management Consulting

Company case by

thyssenkrupp Management Consulting

tkMC Case: Market entry strategy in the lithium materials trade market

4.0

19.1k times solved

Difficulty: Intermediate

Interviewer-led

Market entry

New product

Profitability analysis

Your client tk Commodity Trade (tk ComT) is a global materials trader - they buy and sell raw materials. tk ComT had sta(...)

Your client tk Commodity Trade (tk ComT) is a global materials trader - they buy and sell raw materials. tk ComT had stable EBITDA margins in recent y(...)

Open case

Company case by

thyssenkrupp Management Consulting

tkMC Case: Portfolio optimization of a holding company

4.1

10.4k times solved

Difficulty: Intermediate

Interviewer-led

Growth strategy

Mergers & Acquisition

Your client is a holding company that has three larger companies in its portfolio. The successful portfolio has develope(...)

Your client is a holding company that has three larger companies in its portfolio. The successful portfolio has developed very dynamically over the la(...)

Open case

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