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The consulting services market represents a dynamically growing industry with
good prospects for further growth, as well as for foreign investment and partnerships.
Consulting firms are traditionally among the largest employers of MBA and college graduates. With single-digit growth projected for the industry in the coming years the competition is expected for jobs to be tough.
Buoyed by skill set, talent pool and language proficiency, the Indian professional enjoys a great demand in this high-paying, high-profile field.
Consultants are hired advisors to corporations. They tackle a wide variety of business problems and provide solutions for their clients. Depending on
the size and chosen strategy of the firm, these problems can be as straightforward as researching a new market or as complex as totally rethinking the client's organization. Following areas of Consulting Industry offers diversified carrier options:
Focus is on how a company or organization works to achieve its stated goals. This includes working on strategy, operations and Information Technology.
Focus is on identifying the direction, goals and growth of a company or organization within a specific industry.
Information Technology (IT) Consulting
Focus is on using technology to help an organization become more efficient and achieve its goals.
Industry Specific Consulting
Focus is on a specific industry and can include strategy, management, IT, scientific or technical consulting.
The Job Demands
Consultants have various backgrounds and credentials. Individuals with graduate degrees, Postgraduate degrees or previous work experience/expertise
are all potential candidates for consulting positions. Competitive applicants have b academic credentials, quantitative ability and leadership/teamwork experience. Each specific area of consulting has specific skills and credentials that are desirable in a consultant.
The consultants experience intense workloads and hours. Travel, work variety and high salaries are few of its attributes, which makes it a very demanding profession. The Consulting Industry is greatly affected by the economy, hence, The Consultants may experience extreme highs and lows in the amount of projects in their workload.
The Must Have's
- Problem Solving Skills
- Analytical and Quantitative thinking
- Understanding of Business
- Interpersonal and Communication Skills
- Ability to work in a fast paced environment
- Project Management
The International Employers look for candidates that hold an MBA Degree and specialize in providing advice about strategic and core operational issues or have particular interest in computers, human resources, corporate communications, mobile communications, health care, financial services, real estate, e-commerce, or some other specialized field.