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Management Consulting: Professional Problem Solving

June 30, 2005
by Kathy A. Johnson
Business Programs Columnist

Are you a good problem solver? Do you have excellent analytical and people skills, communication ability, and a willingness to work hard? If so, you might have a future in management consulting.

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Management consulting firms perform a variety of services for their clients. They might focus on finding out why a division is losing money, help launch a new product, or recommend ways to improve productivity by implementing new technology. Whatever the specifics, the bottom line is, well, the bottom line. Management consultants help their clients become more profitable.

What Does the Job Require?

To work in management consulting, you will need excellent analytical ability. The problems your firm will be called upon to solve will be complex and difficult, or your advice wouldn't be necessary. You'll also need to be good at teamwork, as you will be working closely with others from your firm as well as your clients. You may research industry reports, present your firm's recommendations to clients, and you may be required to travel. Expectations will be high, and you will likely work more than a 40-hour week.

Education and Experience Necessary

Historically, management consulting firms have recruited MBA grads from top business colleges. They also hire professionals from other fields, like law or engineering, and give them necessary business training. Some firms prefer generalists, while others prefer people with knowledge of a particular field, such as office technology. One constant exists: management consulting firms look for outstanding students--the cream of the crop.

Management consulting job can be very lucrative, but they are also challenging and will require your best efforts. You'll be expected to face challenges and deliver results - in short, to become a professional problem solver.

Sources


About the Author
Kathy A. Johnson is a freelance writer and editor based in Florida. She has worked as a writer and editor for several publications, writing articles on a wide variety of topics. She and her husband owned and operated an insurance and financial services company for 13 years.
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