Career in Consulting

February 2019
What is Consulting?

As per Oxford dictionary- Engaged in the business of giving expert advice to people
working in a specific field

Consulting is simply the business of providing expert advice to a specific group of

people

Do you have some form of expertise? Are there people out there who want to
benefit from that expertise?
There are various career tracks in management consulting that
you can choose based on your interest & expertise

Strategy Operations Financial Advisory HR Consulting Risk & Compliance

•What is our long-term •How can we reduce •How can we legally •Are these policies and •How can we conduct
vision and trajectory? costs in this plant? and ethically reduce procedures in-line an in-depth analysis of
•Should we allocate •How do we increase the tax bill of this with state/federal laws this organization's
resources to entering a efficiency in this corporation? and regulations? compliance programs?
new market? factory? •How can we improve •How can we best •In order to minimize
•Should we drop •How can we reduce cash-flow in this implement these HR exposure, what are the
certain bottlenecks in this business? policies and business or industry-
departments/business supply chain? •Which investment procedures? specific risks that we
es or retain our current •How do we improve opportunities will •Do we need to create need to establish
portfolio? quality control in this provide the highest and implement internal controls for?
manufacturing return, for the least training sessions •How can we improve
process? amount of risk? related to HR this compliance
programs? program and integrate
•How can we improve it into the company?
employee satisfaction
and effectiveness?
What are the keys skills for a career in management consulting?

Analytical & Problem solving Project Management

Communication Team management

How can you prepare yourself to be a management consultant?

• Participate in corporate competitions during your MBA

• Mahindra War Room, PepsiCo Change the Game competition, KPMG Innovation & Collaboration
Challenge, etc.

• Read various articles on thought leadership & POV on various industries &
verticals
• Harvard Business Review, McKinsey Insights, BCG Publications etc.

• Networking – MBA batches consist of individuals with different background from

various industries & vertical with different perspectives

• Be good in your academics 