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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EY

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Audit

Berlin, Bremen, Dortmund, Dresden +16 others

247,000 employees worldwide

Digitization, M&A, Process Management, Restructuring & Turnaround, Supply Chain Management, Finance

Aerospace, Automotive, Banking, Construction & Construction Suppliers, Energy, Finance, FMCG & Retail, Industrial Goods, IT, Lifescience & Healthcare, Machinery & Equipment, Public Services, Telekommunications & Media, Tourism, Transportation & Logistics

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Event with EY

EY: Tax Talent Days

December 9th - December 10th, 2024

EY Office Berlin

Application end date: November 24th, 2024

Steuer-Enthusiasten aufgepasst: Bei den Tax Talent Days erwarten dich bei einer Tour durch den Bundestag nicht nur spannende Insights zur Steuergesetzgebung, sondern außerdem tiefergehende Einblicke in Deutschlands Steuerberatung Nr. 1!

Consulting Q&As About EY

EY Tech Consulting vs. KPMG Customer and Operations Advisory—Internship

EY internship KPMG

Most recent answer on Oct 31, 2024

gave the best answer on Oct 30, 2024

Hi there, First of all, congratulations on the offers! I would be happy to share my thoughts on your question: First of all, please don't worry about specializing because this is just an internship. Moreover, I would hi ... (read entire answer)

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How does the offer decision process work at Big 4?

Big 4 EY hiring

Most recent answer on Oct 14, 2024

gave the best answer on Oct 14, 2024

Hi there, First of all, congratulations on the progress in the application process with EY thus far! I would be happy to share my thoughts on your question: First of all, as far as I know, the decision-making process is ... (read entire answer)

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EY

About EY

Event with EY

EY: Tax Talent Days

Consulting Q&As About EY

EY Tech Consulting vs. KPMG Customer and Operations Advisory—Internship

How does the offer decision process work at Big 4?

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