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Economic Consulting vs Management Consulting

Tom Spencer

Consulting is one of the most sought-after careers for graduate students looking to work in a high-responsibility and dynamic work environment. While almost everyone has heard about the prestigious careers in management consulting, there is a career that is quite similar and just as lucrative in economic consulting.

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How Do Consultants Stay Organized Before Creating Client Deliverables?

Steve Shu Consulting

Individual consultants and engagement managers usually develop their own ways of organizing information. In some cases the engagement team may create (up front) an entire blueprint to execute the project. Develop interview guides according to the problem solving structure and conduct interviews with the interview guides in mind.

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Coronavirus & Consulting Offers

Tom Spencer

The UK has 3,500 known cases of the virus and London will probably be shut down in the next week, if not before. The travel and hospitality industries have been decimated, stock markets around the world have tanked, and governments struggle to combat this devil on so many fronts. Commerce has ground to a halt. Today, not so much.

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The Role of Consultants in an AI-Driven World

Tom Spencer

This is the third of a seven-part series looking at artificial intelligence and its implications for the consulting industry. After all, if machines are capable of many of the tasks that we currently rely on humans to do, what role will flesh-and-blood consultants play in the future?

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Brains for Short-Term Hire: Pro-Bono Consulting Projects

Tom Spencer

Preparing for a career in consulting contains milestones that roughly resemble this process. First you learn the elements of a case interview, memorizing frameworks and implementing strategies. These interviews are relatively short and focus mostly on applying skills. Enter pro-bono consulting projects.

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First Six Months – Adjusting to Consulting Life

Tom Spencer

Is a job in consulting really what you expect it will be when you are a student, knee-deep in case prep and coffee chats? In this series , we hear from new consultants who were recently in those shoes, and what their experience has actually been like during the transition from the dream to the day-to-day reality of consulting work.

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Strategy Consulting – Reflections on the First Six Months

Tom Spencer

When you’re interested in working at a consulting firm, there are clear things you can do to prepare: meet associates, prepare for case interviews, and do your homework on what sets the firm apart from its peers. What was the best thing you did in business school to prepare you for your role as a consultant?