Tutorialspoint

#May Motivation Use code MAY10 for extra 10% off

Management Consulting Course

person icon Human & Emotion Learning

4.6

Management Consulting Course

Everything you need to know about the techniques of world’s top management consulting firms and to make better decisions. 

updated on icon Updated on May, 2024

language icon Language - English

person icon Human & Emotion Learning

category icon Management Consulting,Business Management

Lectures -65

Duration -9 hours

4.6

price-loader

30-days Money-Back Guarantee

Training 5 or more people ?

Get your team access to 10000+ top Tutorials Point courses anytime, anywhere.

Course Description

Learn the essentials of management consulting and gain the skills and knowledge needed to excel in this dynamic and highly-demanding field. This course covers the principles, methodologies, and best practices utilized by management consultants to help organizations improve their performance, solve complex problems, and optimize their operations. Explore various consulting frameworks, case studies, and real-world examples to enhance your analytical, problem-solving, and communication abilities. Whether you're an aspiring management consultant or a current professional seeking to enhance your expertise, this course provides a comprehensive understanding of the management consulting industry.

Management consulting involves identifying and suggesting important changes to what a company does and how they do it—developing a working strategic plan and guiding its execution with optimum effectiveness. A management consultant learns everything about the product or service a company sells for profit and then finds more efficient and more profitable ways to sell that product or service.

You can see why management consulting is a growing field very much in demand in today’s marketplace.

College graduates with management consulting degrees receive offers from top firms with compensation approaching or exceeding $90,000 in their first year alone. Experienced management consultants can earn well over 6 figures—and that’s not accounting for bonuses.

While these consultants are helping companies improve their bottom lines—and being compensated nicely for their efforts—certain consulting techniques can be applied to individual problems, allowing you to employ what you learn to improve your business and personal life.

Key Highlights:

  • Explore the fundamentals of management consulting
  • Understand key consulting frameworks and methodologies
  • Learn problem-solving techniques used by consultants
  • Analyze real-world case studies from a variety of industries
  • Enhance your communication and presentation skills

Learning Outcomes: 

  • Develop a thorough understanding of management consulting and its role in driving organizational success.

  • Apply consulting frameworks and methodologies to effectively analyze and solve complex business problems.

  • Gain insights into the practical application of consulting techniques through real-world case studies and examples.

  • Enhance your communication and presentation abilities to effectively convey your consulting insights and recommendations.

  • Gain a well-rounded consulting techniques. This program is taught by industry professionals who have real-world experience to bring to the table.

  • Explore the techniques and frameworks for approaching each type of consulting case to dominate your upcoming interview and land your dream consulting job

  • Understand from a high level perspective what a management consulting firm is as well as what the role/job is of a management consultant.

  • Participate in case studies to apply the consulting skills you learn in a real-world situation

  • Understand the real-life consulting case interview processes and principles

  • Identify strategies you can use to analyze businesses and industries

  • Learn how management consultants break a business problem into its core components

  • Learn effective brainstorming techniques from Bain and McKinsey

  • Making your business more profitable involves looking at ways to increase sales revenue as well as decreasing costs

  • Learn how to perform an industrial analysis and competitor analysis

  • Explore what to do to enter a new market

  • Understand the strategy to improve capacity utilization

  • Know the steps to executing a successful merger or acquisition

  • Learn things to consider before your company makes investing decisions

  • Understanding organizational behaviors

Our goal in this training program is to help you improve your day-to-day operations, career, and yourself, so I will show you techniques and toolkits that we use in the management consulting industry, and ones that I frequently share with my clients and students.

You simply have to find a way to acquire practical skills that will give you an edge over the other candidates.

But how can I help you do that?

Management Consulting Essential Training is the most comprehensive, dynamic, and practical course you will find online. It covers several topics, which are fundamental for every aspiring management consultant:

Why should you consider a career as a management consultant?

  • Salary. A management consultant job usually leads to a very well-paid career
  • Promotions. Management consultants acquire valuable technical skills, which makes them the leading candidates for senior roles within a corporation
  • Secure Future. There is a high demand for management consultants on the job market, and you won’t have to be concerned about finding a job
  • Growth. This isn’t a boring job. Every day, you will face different challenges that will test your existing skills

At the end of the course, students will be able to…

  • Make better decisions
  • Analyze fast problems in your private life and business
  • Master management consulting tools, techniques, and frameworks
  • Apply the right elements from your management consulting toolbox
  • Find fast potential improvements in your life and achieve your goals
  • Prepare you to move on to intermediate-level management consulting training
  • Calculate in Excel the impact of your decision on your life

Who should take this course? Who should not?

  • People interested in making better decisions based on data
  • Students who are considering becoming management consultants
  • Management Consultants
  • Business Analysts
  • Small and medium business owners
  • Startups founders
  • Managers

Who this course is for:

  • Students interested in making better decisions based on data
  • Students that are considering becoming management consultants
  • Management Consultants
  • Business Analysts
  • Small and medium business owners
  • Startups founders
  • Managers

What do management consultants do?

Management consultants work with businesses to improve their performance by providing expert advice to solve problems and encourage growth. They work with businesses across a wide range of sectors, including business strategy, finance, HR and marketing. It’s not just private firms - many public institutions use management consulting to improve their practices and efficiency.

In basic terms the role of the consultant is to provide their client with an audit of current procedures, their recommendation for improvement and an action plan for implementation. They can be brought in by a business to advise senior management on a specific project or more broadly on the structure and practices of a firm.

How does a management consulting project work?

As they are usually providing advice on a specific issue, the work of a strategy consultant tends to involve a lot of data analysis. A project will usually go as follows:

  • Problem definition – What problem are we trying to solve?
  • Approach – How are we going to investigate this problem?
  • Data gathering – Find out everything we can about the issue
  • Data Analysis – What does our data show?
  • Advice – What is the best solution according to our data and expertise?
  • Implementation – Enact positive change based on the recommendations


Goals

What will you learn in this course:

  • Develop a thorough understanding of management consulting and its role in driving organizational success.
  • Apply consulting frameworks and methodologies to effectively analyze and solve complex business problems.
  • Gain insights into the practical application of consulting techniques through real-world case studies and examples.
  • Enhance your communication and presentation abilities to effectively convey your consulting insights and recommendations.
  • Gain well-rounded consulting techniques. This program is taught by industry professionals who have real-world experience to bring to the table.
  • Explore the techniques and frameworks for approaching each type of consulting case to dominate your upcoming interview and land your dream consulting job
  • Understand from a high-level perspective what a management consulting firm is as well as what the role/job is of a management consultant.
  • Participate in case studies to apply the consulting skills you learn in a real-world situation
  • Understand the real-life consulting case interview processes and principles
  • Identify strategies you can use to analyze businesses and industries
  • Learn how management consultants break a business problem into its core components
  • Learn effective brainstorming techniques from Bain and McKinsey
  • Making your business more profitable involves looking at ways to increase sales revenue as well as decreasing costs
  • Learn how to perform an industrial analysis and competitor analysis
  • Explore what to do to enter a new market
  • Understand the strategy to improve capacity utilization
  • Know the steps to executing a successful merger or acquisition
  • Learn things to consider before your company makes investing decisions
  • Understanding organizational behaviors
  • Our goal in this training program is to help you improve your day-to-day operations, career, and yourself, so I will show you techniques and toolkits that we use in the management consulting industry, and ones that I frequently share with my clients and students.


Prerequisites

What are the prerequisites for this course?

  • Management Knowledge and Experience

  • Consulting approach and analytics mindset

Management Consulting Course

Curriculum

Check out the detailed breakdown of what’s inside the course

Introduction to Management Consulting
8 Lectures
  • play icon Management Consulting 1 02:25 02:25
  • play icon Management Consulting Nature 06:13 06:13
  • play icon Why are consultants used 06:44 06:44
  • play icon The consulting process 10:23 10:23
  • play icon Advice or result 1 03:06 03:06
  • play icon Advice or result 2 05:23 05:23
  • play icon The Consulting Industry 06:01 06:01
  • play icon The Consultancy Industry 2 10:15 10:15
Different Consulting Business
7 Lectures
Tutorialspoint
The Consulting Process
8 Lectures
Tutorialspoint
Consulting in Organization
8 Lectures
Tutorialspoint
Consulting and Business Management
7 Lectures
Tutorialspoint
Consulting Practice and Examples
27 Lectures
Tutorialspoint

Instructor Details

Human & Emotion Learning

Human & Emotion Learning

e


Course Certificate

Use your certificate to make a career change or to advance in your current career.

sample Tutorialspoint certificate

Our students work
with the Best

Related Video Courses

View More

Annual Membership

Become a valued member of Tutorials Point and enjoy unlimited access to our vast library of top-rated Video Courses

Subscribe now
Annual Membership

Online Certifications

Master prominent technologies at full length and become a valued certified professional.

Explore Now
Online Certifications

Talk to us

1800-202-0515