In the US, for example, you will need to pass a demanding exam administered by the U.Management Consulting is what most people think of when someone says "consulting." This field is dominated by large consulting firms like Mc Kinsey, Bain, and Boston Consulting Group, which are hired to help enterprise businesses improve strategy and operations or manage significant business events like mergers and acquisitions.Management consultants make some of the highest salaries in the professional world, and as you would expect with such a lucrative career, getting into the field is extremely difficult and ludicrously competitive.This is why the market for financial services is so vast, including: Financial Advisors work closely with clients to provide financial advice and expertise specific to the individual company.And, the benefits are easy to grasp: One study found that a good financial advisor can increase investor returns by 3.75 percent.According to the Oxford dictionary, a consultant is someone "engaged in the business of giving expert advice to people working in a specific field." In other words, consulting is simply the business of providing expert advice to a specific group of people. Are there people out there who want to benefit from that expertise?If you can help these people solve their problems and achieve their goals, congrats, you can be a consultant!You need top-tier grades, you need to make the right connections at networking events, and you need to absolutely nail each stage of the interview process. You will need to be a top performer at each level in a promote-or-be-fired progression system.Management consulting can be further broken down into a number of career tracks, the following five being most popular: Business strategy or "strategic management" is the uppermost level of decision making that drives a business.To survive and thrive, businesses must make objective and informed financial decisions.And, these decisions must take into account a huge number of complex variables.
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