“Consulting” is a term that includes virtually any form of advice-giving in a business setting. As a consultant, you are hired by clients—generally corporations and businesses related to your area of consulting—as a temporary or permanent advisor to the company. In essence, your main goal is to provide recommendations based on your research and analysis that will help improve your client’s business.
Although there are many terms to what consulting may refer to, general business consulting is commonly referred to as management consulting, or strategy consulting.
Typical management consulting firms have a primary focus on one or more management services. Some specialize in strategy work (e.g. McKinsey, Bain and BCG) whereas others specialize in IT services (e.g. Accenture). For more information on consulting firms see Firm Profiles.
*For more information regarding consulting, please refer to the FAQ page under the members tab.