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Consulting 101

Consulting is the business of giving expert advice to other professionals. In a practical sense, consultants are like doctors for business. It is a very broad field of service where consultants have the opportunity to generalize their services or specialize in a specific industry.

Why Consulting?

1 / Flexibility

Consulting offers a flexible work environment where a consultant may choose to generalize or specialize in his/her service.

2 / Teamwork

Consultants usually work in a team when offering services to a client. Working as a team allows for the sharing of ideas, resources, and perspectives, which can help to create better solutions for the client.

3 / Diverse Projects

Every project can be different and require a different level of research and approach to the problem. Consultants can expect to face a wide range of problems in a variety of industries.

4 / Problem Solving

The basic job of a consultant is to solve a problem that a client is facing or could potentially face in the future. This requires both a qualitative and quantitative assessment of the problem.

What do consulting firms look for in new hires?

Consulting firms look for students with raw talent and intellect––people who are able to quickly understand difficult problems at hand, tackle them with a structured and logical approach, and explain their solutions clearly and efficiently. Important soft skills also include the ability to resolve conflicts, influence peers, lead initiatives and build rapport with people.

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