BUSINESS CONSULTANT

What does a consultant ?

• Helps clients solve complex business issues

• Analyzes existing business problems

• Develops plans for improvement and growth

Types of Consulting:

Strategy

Human Resources

IT Consulting

Economic/ Financial

Marketing

Outsourcing

Strategy :

help clients improve profitability

lunch a new product

enter a new market

merge or acquire another company

implement a plan for growth

Human Resources:

organizational restructuring

employee schemes and company policy

IT Consulting:

reviewing technology infrastructure

implementing new software solutions

designing programs and systems analysis and design

Economic/ Financial:

Forecasting growth

Risk analysis and budgeting

Marketing:

Undertaking market research

Implementing new sales tactics

Reorganization of distribution channels

Outsourcing:

Research into effect of outsourcing industry functions such as IT of HR

A day in the life of a consultant Responding to

emails

Data analysis and research

Information gathering

Producing power-point

presentations

Client meeting and interviews

Reviewing processes at a

client

Idea generation

Financial and economic modelling

Training & Qualifications

Certified Management Consultant (CMC)

Accountancy qualifications such as:

Chartered Management Accountant (CIMA)

Chartered Certified Accountant (ACCA)

Certified Management Accountant (CMA)

Chartered Accountant (CA)

* you will usually start of by undertaking a series of short

term projects when you join; giving you maximum

exposure to clients which is considered the best way to

learn.

Career Development Consultants follow a range of career paths. Many remain in

the industry, often specialising in a particular area such as

Financial institutions, Oil & Gas, Aerospace or Retail.

Some move to Fortune 500 companies

Set up their own business or even freelance themselves as

an individual consultant.