Job roles

Consulting requires analytical and problem solving skills as well as strong communication and interpersonal skills. Creativity and flexibility are important as is an entrepreneurial mindset. Knowledge and skills developed in business, management, economics, and finance degrees can be well suited to consulting, although graduate positions are normally open to students from any degree discipline. It is a popular option for LSE graduates.

Graduate job roles

Analyst

The typical graduate entry-level position into management consultancy is as an analyst (otherwise known as a business analyst, fellow or associate consultant, depending upon the firm you join). As an analyst you will usually:

  • Undertake induction and ongoing training
  • Work within 'case' teams of 3-8 people, under the supervision of more senior consultants on a variety of projects to develop your portfolio of skills
  • Conduct desk and field research
  • Interview clients on-site or via telephone
  • Gather and analyse quantitative data
  • Give presentations to colleagues and client teams

Associate

Those starting out as analysts may be promoted to associate (or junior consultant) after 2-3 years. To progress within management consultancy you may be expected to undertake further formal training, usually in the form of an MBA, and/or secondments to other offices abroad. Firms may support staff to attain an MBA or PhD as part of their continuing training and development. Those with a postgraduate qualification (typically a MBA or PhD) or several years of professional experience may be able to enter directly as an associate.

Associates will often perform similar tasks as analysts however, having demonstrated their analytical ability and interpersonal skills, they will be given more opportunities and responsibility for:

  • Identifying the issues to be addressed within the project, developing hypotheses and testing these through complex quantitative analysis
  • Structuring the work of analysts on the team
  • Problem-solving through turning findings into recommendations
  • Interacting to a greater degree with the client - including presenting strategic recommendations to their senior management
  • Helping to implement changes based upon the solutions developed

LSE graduates in similar roles

These LSE graduate profiles outline how some LSE graduates pursued careers in consulting after LSE.

Researching employers and finding jobs

Consultants and consultancies may specialise in business areas such as:

  • IT
  • finance
  • human resources
  • marketing and communications
  • supply chain and operations
  • the environment
  • public sector
  • international development. 

Some firms are very niche, working in a specialist field such as european public affairs. It is not unusual for people to move into consulting as a career following many years working and developing specialist knowledge in another industry sector or business area. 

Look at who is recruiting

  • Check our list of consultancy deadline dates
  • Pick up some employer directories from our resource centre which also list key recruitment dates

Don't neglect the small firms

Look out for smaller, niche consultancies, advertising on LSE CareerHub. Research interesting organisations via the Institute of Consulting or Management Consultants Association (MCA) to make a targeted, speculative application.

Smaller firms may not run large corporate graduate recruitment schemes but opportunities within these organisations can provide you with scope for greater responsibility much earlier in your career.

Useful links

See the specialist consultancies and our list of consultancies for company websites.

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