PRESENTED BY:-

AAKANSHA

KAMAL JALWANIA

• India has been globally recognized for its fast paced development. The service sector has been growing at a fast pace and now contributes more than 50% to the GDP

• Propelled by the increasing demand for consultancy services, both for domestic and foreign firms, the consulting sector in India to grow at an annual rate of 30 per cent, progressing rapidly towards becoming a Rs23,000-crore industry by 2013..

• Presently (2012), the consulting industry in India reportedly stands at Rs19,000 crore in which Indian consulting companies have strong capabilities in areas like civil engineering, telecom, power, metallurgy, chemical and computer software

Largest concentration of consultancy organisations is in the four metropolitan cities: 1. Delhi (25.7%) has the highest number of

consultancy organisation among four metropolitan cities followed by,

2. Mumbai (25.5%), 3. Chennai (12.1%) and 4. Calcutta (9.1%).

• It's an industry in which differentiation is very difficult because of its inherent homogeneity.

• The reputation commons problem for consulting is that there is a reputation for the industry in total, and the survival of all firms depends on it. Is consulting a good or bad thing in the public's mind? No firm has a mandate to protect that reputation because it's a collective resource.

Consulting is the business of providing advice to firms in trouble, on the move, or trying to do what they do better, faster, and more cheaply. It is one of the fastest growing industries in today's corporate world and one of the most popular career choices for new MBA's.

Job Titles

Research Assistant, Research Associate, Analyst, Business Analyst, Research Analyst, Associate Consultant

Qualifications need to get into consulting industry

record of academic achievement presentation skills

problem solving skills ability to cultivate relationships

logical reasoning energy/stamina pattern of leadership

business acumen quantitative and statistical skills

team orientation facility with computer software

writing skills

New graduate recruits carrying out research and data collection; conducting analysis; interviewing client’s employees,

management team and other stakeholders;

running focus groups and facilitating workshops;

preparing business proposals/presentations;

spending the majority of time at the client's site.

More experienced and senior consultants  identifying issues and forming hypotheses; formulating and implementing

recommendations/solutions; ensuring the client receives the assistance

needed to implement the recommendations/solutions;

managing projects and programmes; leading and managing those within the

team, including analysts; larger leadership role in the management

of client relationships.