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4 Types of Consulting Firms

Tom Spencer

The leading firms that are generally associated with strategy consulting are McKinsey , BCG and Bain , also known as the MBBs. Some of the most notable specialisations include healthcare, IT or tech, and turnaround consulting. This is the type of consulting that business students are most familiar with. Image: Pexels.

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Management Consulting versus Investment Banking

Management Consulted

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Consultants – depending on firm – travel anywhere from 25-75% of their time. This attitude permeates all interactions.

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FTI Consulting Interviews and Culture

Management Consulted

FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. Corporate Finance/Restructuring. Restructuring/Turnaround Services. It also means that interns are at times required to travel and interact with FTI’s clients.