article thumbnail

Consulting 101: Operations, Hierarchies, and Types of Firms

Tom Spencer

Learning how consulting firms operate can help you better understand what you would do as an analyst. By definition, a consultant’s job is to consult a client. Career pages explain intern/first year programs, and the recruitment process. How do Consulting Firms Work? In-House Consultants. Coffee Chat with Employees.

article thumbnail

Consultant, Contractor, Freelancer - Labels Matter!

Successful Independent Consulting

By definition, we stand outside of the system we analyze, troubleshoot, or design. By contrast, professional independent consultants operate as microbusinesses. Like independent consultants, they often operate as microbusinesses, and are hired as independent contractors rather than employees. Let’s set the record straight again.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Management Consulting

CaseInterview.com

It’s not easy to come up with a simple definition of what we do. Rather than addressing the operational angle of how to do it, we address the bigger question of what to do. This may involve traveling to the client’s site to collect data, interview employees, and examine daily operations.

article thumbnail

Poets and Quants in Management Consulting

Tom Spencer

equations, theorems, and software development checklists), operating from frameworks often come naturally. The other advantage that quants have is their ability to operate technical tools. Excel is definitely an important baseline consulting tool. Since quants tend to be familiar with rule-based systems (e.g.

article thumbnail

How do MBA Programs Prepare you for Consulting?

Tom Spencer

These are definitely important to get you there, but it’s not enough to know they exist, it’s important to delve further into WHAT each aspect is actually composed of. With a team of five, we delved into 3+ years of sales data and operational costs to create an effective final presentation.

article thumbnail

Recruiting Strategies for a Tight Talent Market

Harvard Business

If any story demonstrates how far employers will go in today’s fierce war for talent, the tale of Snapchat’s geofilter recruiting campaign is it. The fight for new recruits is intense — not just in the tech sector, but across all industries. ” asked the clever riff aimed at Uber workers.

article thumbnail

Considerations for Starting your Consulting Career at a Boutique Firm

Tom Spencer

There is no established definition of what identifies a consulting firm as boutique. For our purposes, let’s identify a boutique firm as one that has less than 100 consultants (emphasis on ‘consultants’ and not staff) and operates from at most only a handful of offices (even if those offices are in multiple countries). Compensation.