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4 Types of Consulting Firms

Tom Spencer

Service areas – or functional areas – can include strategy, operations, technology, human resources, mergers and acquisitions, among others. Some of the most notable specialisations include healthcare, IT or tech, and turnaround consulting. Consultants in these firms are typically required to specialize as soon as they join the firm.

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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. FTI Consulting has 5 areas of expertise, but excels in Forensic & Litigation Consulting and Corporate Finance/Restructuring. Corporate Finance/Restructuring.

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Attended vs. Unattended RPA: It Doesn’t Need to be an Either-Or

1 to 1

It streamlines operations and frees customer-facing employees up to focus on more meaningful interactions with customers. Industries that can particularly benefit from automation run the gamut: retail, healthcare, automotive, government, communications, travel and hospitality, financial services, and insurance.