How can i be a management consultant? is management consultant and business consultant the same thing?

Question

is there any specific course ? wil i have to work for a company or i can directly do business as management consultant? is there any scope in future? can this business be started on a small scale ? how much the companies pay ?-------------------is this the work of too much headache?

Answer 1

Management consulting
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Management consulting (sometimes also called strategy consulting) refers to both the practice of helping companies to improve performance through analysis of existing business problems and development of future plans, as well as to the firms that specialize in this sort of consulting. Management consulting may involve the identification and cross-fertilization of best practices, analytical techniques, change management and coaching skills, technology implementations, strategy development or even the simple advantage of an outsider's perspective. Management consultants generally bring formal frameworks or methodologies to identify problems or suggest more effective or efficient ways of performing business tasks.

Management Consulting is becoming more prevalent in non-business related fields as well. As the need for professional and specialized advice grows, other industries such as government, quasi-government and not-for-profit agencies are turning to the same managerial principles that have helped the private sector for years.

There is a relatively unclear line between management consulting and other consulting practices, such as Information technology consulting.
Contents
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* 1 History
* 2 Current state of the industry
* 3 The rise of internal corporate consulting groups
* 4 Approaches
* 5 Criticism
* 6 Related Professional Qualifications
* 7 See also
2* * 8 External links

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3*
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Answer 2

If you become employed by a management consultancy, you will put in very long hours for not so high wages. The more years you spend in the business, the better your salary will match the continued long hours that this profession demands.

It sounds to me that you are thinking of a career without really knowing what it is. Hence your need to ask "what's the difference". Is this because of the status you associate with it? Because you shouldn't select a career on that basis.

Figure out what you have a passion for and what you are or could be good at. Then consider the prospect of being a consultant in that area, either now or in the future.

You can also read more on my blog here:
www.successful-consultants dot com

Good luck!

Answer 3

I'd recommend you make contact with a Management Consultant company and do some research. In order to consult, you should have more than enough experience in the field, and a trustable reputation. If you want to move into this field you could consider first working for another company that will show you the ropes, and then decide if you want to open your own company.