Management Consulting (also known as business consulting) is providing “advisory and/or implementation services to the (senior) management of organisations with the aim of improving the effectiveness of their business strategy, organisational performance and operational processes”. It is the broadest area within the consulting industry covering up to 55% of that market.
Strategy consultants provide objective advice to senior members of organisations so that they can make high-level decisions. They use deep industry knowledge to help these organisations to deliver their best results.
This workstream may also include Economic Consulting. Economic consultants provide objective advice to businesses, government agencies, and other organisations, by applying economic principles and methodologies. This may involve analysing data sets to identify trends, building economic models, or conducting regulatory and policy analysis.
Your Consulting internship may include the following tasks:
- Performing in-depth research to inform projects and presenting their findings
- Collecting and analysing data, looking for trends and predicting future behaviour
- Supporting consultants and project managers in completing client projects
- Attending meetings and contributing to group problem-solving
- Reporting on client data to supervisors
- Completing various strategic and analytical assignments and implementing supervisor feedback
