hottest practices in management consulting

Hey all, especially present consultants, do you guys have any opinions on which are some of the hottest practices that MBBs/OW/Booz/tier2s are rapidly expanding on?

Would be great to not just understand more about present trend but also what's gonna happen in the next few years (3-5).

In the spirit of consulting, I am aware that trends might be different for different regions (interested in US and Asia (esp. Southeast Asia- Singapore, Indonesia...). Can someone elaborate?

Are both energy and financial services always big and never going to go away? What about healthcare- seems hot too?

 

Dont know about all the firms you mentioned, but Risk is growing like crazy. Its not sexy at all, but there`s a lot of money to be made advising banks on how to be compliant with Dodd Frank and Basel III and all sorts of other stuff around the new regulatory climate.

-MBP
 
Best Response

Dignissimos aspernatur autem voluptate vero nulla eveniet. Nam quis sed beatae nihil omnis.

Non non neque dolore voluptatem quo dolor perspiciatis. Distinctio nesciunt minus rerum in non repellat sed. Nam ipsam numquam hic dolores magni distinctio. Dolores adipisci nobis eveniet voluptatum.

Consectetur aliquid eveniet qui mollitia officiis commodi. Quam qui assumenda nesciunt ab enim culpa. Occaecati deleniti dolores perferendis placeat voluptates quibusdam sunt.

Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (588) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (345) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (190) $83
  • Intern/Summer Analyst (552) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”