Thread List
First Page Previous Page Page 20 / 291 Next Page Last Page
Subject#Latest
2 24.02.15
5 23.02.15
4 23.02.15
3 23.02.15
4 18.02.15
4 17.02.15
2 17.02.15
1 17.02.15
4 16.02.15
1 16.02.15
9 16.02.15
1 13.02.15
6 13.02.15
4 12.02.15
1 12.02.15
8 12.02.15
1 11.02.15
3 11.02.15
3 11.02.15
4 10.02.15
10 09.02.15
1 09.02.15
1 08.02.15
1 08.02.15
3 07.02.15
1 07.02.15
4 07.02.15
1 06.02.15
4 06.02.15
8 06.02.15
10 06.02.15
7 05.02.15
1 05.02.15
5 04.02.15
10 02.02.15
4 01.02.15
1 01.02.15
6 31.01.15
2 31.01.15
1 30.01.15
10 30.01.15
2 28.01.15
19 26.01.15
4 26.01.15
7 26.01.15
3 26.01.15
1 23.01.15
4 23.01.15
6 22.01.15
1 22.01.15
First Page Previous Page Page 20 / 291 Next Page Last Page

Career ladder in Management Consulting

 
#1 Career ladder in Management Consulting
22/02/2015 23:58

sprinter

Hi

I'm new to Management Consulting having working in Industry all my professional life. I'm now looking to get into Management Consulting and wondered if folks from consulting background can comment on :-

1) How the role types/responsibilities differ at each level (i.e. Analyst vs. Consultant vs. Manager vs Senior Manager)

2) What is the typical progression process and whether no. of years in industry is taken into consideration to step up

3) Does the above ^ vary by firms (i.e. Big 4, Accenture, IBM, etc)

Thanks in advance

Reply  Quote   
 
#2 RE: Career ladder in Management Consulting
23/02/2015 10:44

Frio to sprinter (#1)

Hi Sprinter

I made the move from Industry into Big 4 consulting, I would recommend that you think carefully about why you want to leave Industry and what you expect from consulting - if nothing else, you will be asked those questions in the interview.

Analyst - usually a recent graduate. Roles will typically low level, especially for the first year. This first role could be quite admin focussed, and may well be following an established process. If the Analyst truly excels then he/she could get promoted in 2 years, 3 years is expected and more likely. Expect to spend a lot of time making powerpoint presentations.

Consultant - typically 3 years experience. Again, if the consultant excels they could be promoted within 2 years. 3+ years is much more likely. The consultant will have more autonomy and responsibility than the Analyst. In terms of what the Consultant will be doing - it really depends on whether it's within strat, tech consulting etc.

Manager - typically 6+ years experience, or something in Industry with more. As a Manager you'll be expected to lead your own engagements and contribute more than the consultant to the sales process. If you are brilliant, have built some solid relationships with the client and have sold then you could get promoted in 2/3 years minimum. I think this is the first level where simply delivering exceptionally on your deliverables is not enough (in most areas) you're also expected to sell.

Senior Manager - typically 9+ years experience or much more if coming from Industry. You will have to sell. You will have to take responsibility for delivering some quite large projects. You should have SME knowledge.

Don't forget that if you join, let's say at Manager - at performance management time you will being judged against people who have been doing great at playing the system since they were Analysts.

2) Yes, no. of years in Industry will be taken into consideration. I reckon that if you think you're at Snr Manager level of experience, most of the big 4s will try to bring you in at Manager. Unless you have mad contacts in Industry that could bring in new work.

3) It's pretty similar across all those companies. I have experience of 2 of them.

Reply  Quote   
 
#3 RE: Career ladder in Management Consulting
23/02/2015 13:59

sprinter to Frio (#2)

Thanks Frio, this is very useful.

So I'm taking away that based on my experience of 4+ yrs I would be looking at Consultant, Manager or S Manager (at a push) positions. And while there are a number of determining factors, the key one will be the type of role I play on each assignment, with a sales emphasis in M and SM roles.

Finally, and based on your last point around being measured against incumbent consultants/managers, would you recommend going in at a lower position and then building yourself - i.e. do not over commit and under deliver?

Thanks again

Reply  Quote   

Top of Page

ThreadID: 92774

Advertise
Your Jobs!