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Job Survey: Consultant

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Location: U.S.
Experience: Mid-level
Highest Level of Education: Other Graduate Degree



Job Responsibilities
My main responsibilities were to strategize with company operations staff and executive management teams to determine the optimal way to improve operations, whether it be on-the-ground plant operations, policies and procedures, future investment and expansion plans, or whatever else they needed. This amounted to a full-time job (in terms of hours). In addition to that, I was involved in, and had, some internal management committee and team duties and responsibilities. These duties and responsibilities included helping to make sure that my company had a vision and clear path forward, with measureable goals and milestones and a plan for growing into new markets. The internal management duties were particularly interesting and challenging (and rewarding) since these were duties typically not taken on by someone of relatively junior seniority. As a result of this, I traveled even more than I otherwise would have given the nature of the consulting work I was performing around the country.
Job Requirements
In order to pursue a career in this field, typically someone needs at least an advanced degree in the sciences or engineering. It is unusual for someone who holds only a bachelor's degree to be hired to perform in the role of a consultant for an engineering or technical consulting firm. The coursework required is many and rigorous, from core fundamentals such as calculus, differential equations, inorganic and organic chemistry, physics and upper-level statistics. In addition, economics, biology and/or public policy work is also helpful and, while not a prerequisite to this kind of career per se, is also certainly useful on a day-to-day basis. Natural/applied science and engineering classes tend to be more harshly graded than social science and humanities classes, since the former are graded on a curve (thereby limiting the number of students that can achieve the top grade) whereas the latter tends to allow for everyone to get good grades if they perform the work at a sufficiently high quality and level.
Uppers
Travel is a constant, so if one enjoys travel then this job is great. The interplay between natural science/engineering, social science and politics is also interesting and challenging. Having an opportunity to put your arms around a technical problem that requires quantitative thinking, while at the same time being astute and aware of political problems and socio-economic issues and factors, makes for a challenging and rewarding job. The job requirements change from week to week because the work of a consultant, particularly a technical/engineering consultant, is project-based only and therefore is performed as a matter of doing what the firm is hired to do. The firm itself exists only in the sense that the consultants all work under the same umbrella. This is much different than working for a typical corporation that produces something tangible. It is very much a service-oriented job where the client is your boss more than your official internal boss is your boss.
Downers
Travel can be tiring and living out of a suitcase (even if staying in a nice hotel) and eating restaurant food (even if eating in nice restaurants) can get old after a while. In addition, there is, in some sense, not much continuity to your job as the people you interact with and "work for" change from project to project. It is unusual to do a project for a repeat customer, because the nature of the technical/engineering consulting is such that the project is probably unique and unlikely to be repeated in the future (or, at least not by the same client). That is the nature of consulting -- to have sort of a transient existence.
Lifestyle
Generally, the dress code and etiquette called for is whatever the norm is at the company you are consulting for has as its norm. In other words, the consultant adopts the norms of his or her client. Hours can be described as feast or famine. One either has too much work or not enough. Since it is project based, you need to put in whatever hours are necessary to get the job done within the given time period. On the other hand, sometimes things are light and there isn't much work and you don't have much in the way of administrative tasks or chores so you are free to leave early and enjoy the day. It is a job that requires lots of flexibility, but that can work to your advantage if you are truly flexible, because this kind of job allows you to sometimes get out of work very early in the day and take care of personal things whereas other jobs do not have this flexibility and balance it out by not having crazy, long hours during time-sensitive projects.
Compensation
Typical starting salary is between $40-50K, plus a full package of benefits. Quite early on, however, there is opportunity to earn significant bonuses in the form of either or both cash and stock options. Depending on how the company operates, the bonus may be based on your individual performance, some subsection (such as a division or department) of your company, the company as a whole or some combination of the three. The bonus will typically range from a few thousand dollars to 50-100% or more of the base salary, depending on exactly what you do.
Advice to Jobseekers
I would advise that you get a good grounding in science and engineering while in undergrad and grad school, because the more social science and policy stuff is easier to learn on the job without formal training. Once armed with this knowledge, there are many opportunities available. This field is always looking for additional, qualified and eager individuals. Perhaps primarily because most people aren't well qualified, firms in the field end up with lower quality hires than they would otherwise prefer. So, if one wants to put themself in a really good position, getting that good science or engineering background (ideally a degree) will put them in a great position for a plum job with a top tier consulting firm. The outlook for this field is very good, because as more and more companies turn high tech as a matter of course, and more high tech companies come to dominate the employment field in our country, technical consultants will be in great demand and short supply. This is definitely a growing field, particularly because companies can never hire the right amount of staff and will always need to turn to experienced, competent and comfortable outside consultants.

This Consultant career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys.

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