Management Consulting Job Hunting
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Management Consulting Job Hunting
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High-level overview of the Management Consulting industry | MarquisParker.com // Business Strategist, Speaker, Advisor, and Coach

High-level overview of the Management Consulting industry | MarquisParker.com // Business Strategist, Speaker, Advisor, and Coach | Management Consulting Job Hunting | Scoop.it
Recently, I’ve received several emails asking me to provide an overview of the Management Consulting industry and, in those cases, I’ve referred people to my archived blog entries, where Consulting ...

 

Summary: this is an overview of that industry. This is basically a SWOT analysis for the consulting industry, especially for the present time. Also, it includes some major players in this industry and how they vary from each other. 

 

My thinking: Yes, this industry is growing as expected in the ecnomic downturn. However, I would not expect the term "entrepreneurship" to be profitable for consulting. The start ups are generally extremely concerned about spending, and I don't think they would invest on a decision making business unit. The only thing that will make them grow is their current product and how much funding they have. And that is nothing to do with consulting firms, whose service costs about millions of dollars. 

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Getting into management consulting

Getting into management consulting | Management Consulting Job Hunting | Scoop.it
"Prepared to work hard and happy to throw your social diary in the bin? There are three things we look for: bright people who have the practical intelligence to solve complex problems; people who work well with others; and drive. There can be tight deadlines and pressure, so people must be prepared to work long hours."

 

Summary: Here is an article about how to get into management consulting industry. This article goes from the people inside of consulting firms and people who are just got into. So the view it reflects are very well-rounded! Good article to read about!

 

My thinking this article reflects three most important things that they are looking for: 1. Problem solving skills 2.partnership 3.hard working or not. You do expect them put tons of work on you; you do expect they will let you sign a contract saying you are willing to work after hours for free. In the end, it also shows how are suitable to those companies. Good article.

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McKinsey Problem Solving Test – PST

The Definitive Guide to the McKinsey Problem Solving Test (PST) (Part 1 of 2) (Hint: Bookmark This Page – It’s Long) The McKinsey Problem Solving Test (also known as the McKinsey PST) is a math computation, data interpretation and logical...

 

Summary: A great article for taking a look at the mck's problem solving test. It tells people about the reason why this test existed, its format and how to exceed in those tests. 

 

My thinking: this article is very useful not only on the content it shows, but also on how we can prepare ourselves to a better chance. They need our computational and problem solving skills. More importantly, they want to see the data analysis skill on us. Reading articles like this will help you in a top down process - finding out what they want first and they prepare for it. 

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