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The Strategy Consulting Industry: Firms, Trends & Compensation (2025)

StrategyU

In this essay, we explore the current state of these firms with a focus on estimated compensation levels, career opportunities, firm sizes, global footprints, and emerging trends in the industry. Like its peers, BCG places a heavy emphasis on performance bonuses, which can significantly boost total earnings. Business Insider ).

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What Consultants Actually Do?

StrategyU

By the end, youll have a clear picture of the work consultants perform, the skills they bring to the table, and why their work is so crucial for businesses around the globe. An Introduction to Consulting At its core, consulting is all about problem-solving. Consulting can be divided into several kinds of work.

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What are the career paths and titles at McKinsey, Bain, and Boston Consulting Group?

StrategyU

The Analyst and Associate Levels: Early-Career In Strategy Consulting. In the early days, top consulting firms were led by people who had careers in other industries and specific expertise. The tenure in role is most defined at the earliest points in the career path. Each Role Is About Two Years (and at Bain it’s three).

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John Legend Made Slides? What Famous Alums Learned In Consulting

StrategyU

These firms produce many impressive alumni because they tend to recruit and attract some of the most driven young people around the world, the work is oriented towards helping senior leaders of top companies, and the fact that there is an expectation that most people who work at these firms will not spend their entire careers at them.

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How To Build A Culture Of Excellence In A Consulting Firm

StrategyU

All these places had leaders who said the right things and talked about building cultures of high performance, high standards, and excellence but the lived reality always fell short. This is normal, and something that makes sense because you need a steady state of operations that is consistent and reliable to keep the business running.

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Do Consulting Case Study Interviews Work? A deep dive

StrategyU

I suspect the test was more of a general intelligence and reasoning test (which CAN be predictive of job performance). And while Boston Consulting Group’s career page only lists the two traditional kinds of interviews they also launched their digital case experience: the BCG Online Case Experience, or the BCG Casey.

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The Ultimate Guide To “Scoping”: How Consultants Define Problems and Shape 

StrategyU

Most knowledge professionals deal with problems that are ambiguous and part of their job is to identify the core issues. Here are a few useful things I learned about scoping in my consulting career : Find the problem behind the problem The first step of the consulting process is to define the problem.