Types of Consultants

There are a broad range of consulting roles, and so there most likely is a sub-industry of consulting that applies to a field you are interested in. The following are a few of the most popular types of consulting careers; other types of consultants include: marketing, sales, environment, legal, software, communications, social media, career, and PR.

Management Consulting

Management consultants help businesses improve their performance and may encounter a broad range of business problems, such as mergers and acquisitions, product development, product pricing, and business strategy. Thus, management consulting is a popular career among students who want exposure to multiple industries.

The Big Four accounting firms are the world’s largest consulting firms: Deloitte, EY, KPMG, and PwC. Much of the work is on the implementation of changes.

MBB refers to the most prestigious consulting firms: McKinsey, Bain, and Boston Consulting Group. They mainly recruit from top colleges and are very selective. They are about 1/10th the size of the Big Four firms. Much of the work of these firms is on answering strategic questions, rather than implementation.

Human Capital Consulting

Human capital consultants help businesses best manage and structure their human resources. They work with issues such as employee engagement, compensation, and workforce structuring. Top human capital consulting firms include Deloitte, Mercer, Aon Hewitt, and Willis Towers Watson.

Information Technology Consulting

IT consultants advise firms on how to use technology to enhance their business, which is especially relevant as technology is changing at a rapid pace. IT consultants help design and manage a client’s computer systems. Top IT consulting firms include Accenture, Deloitte, IBM, and McKinsey.