Fundamentals of Management Consulting

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Fundamentals of Management Consulting

This course is part of Foundations of Management Consulting: Strategies & Tools Specialization

Instructor: Board Infinity

Included with Coursera Plus

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3 modules

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

14 hours to complete

3 weeks at 4 hours a week

Flexible schedule

Learn at your own pace

3 modules

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

14 hours to complete

3 weeks at 4 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Understand management consulting concepts, career paths, and key assignments.
Learn to structure and solve case interviews, including guesstimates.
Apply tools like BCG Matrix, SWOT, and Issue Trees for business challenges.
Prepare for consulting interviews and real-world consulting projects.

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

Build your subject-matter expertise

This course is part of the Foundations of Management Consulting: Strategies & Tools Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

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There are 3 modules in this course

Course Description

This course provides a comprehensive introduction to the field of management consulting, focusing on essential concepts, career paths, and core tools. Participants will explore the consulting industry, learning about its various types, key assignments, and the skills required for success. The course covers critical topics such as guesstimates, case interviews, and essential tools used by consultants to solve business challenges. Through practical insights and examples, learners will develop the foundational knowledge and skills needed to excel in management consulting roles and prepare for consulting interviews effectively. Learning Objectives 1. Understand management consulting concepts, career paths, and key assignments. 2. Learn to structure and solve case interviews, including guesstimates. 3. Apply tools like BCG Matrix, SWOT, and Issue Trees for business challenges. 4. Prepare for consulting interviews and real-world consulting projects. Target Audience This course is ideal for undergraduate and postgraduate students preparing for management consulting roles and interviews. It also caters to aspiring professionals and individuals interested in gaining a solid foundation in consulting practices and tools. Whether you're beginning your journey in consulting or looking to enhance your preparation, this course equips you with the necessary skills and insights to succeed in the field.

This module provides an introduction to the field of management consulting, covering its definition, types of consulting companies, and the rules that govern the profession. You will also explore the various career paths available within and outside consulting firms and learn how to excel in case interviews, which are a crucial part of the consulting recruitment process.

What's included

17 videos4 readings4 assignments1 discussion prompt

17 videosTotal 94 minutes

Introduction to the Course1 minutePreview module
Meet your Instructor1 minute
What is Management Consulting?0 minutes
What is consulting?9 minutes
Types of consulting companies11 minutes
Examples of consulting assignments8 minutes
Overview of Career Paths in Management Consulting0 minutes
Roles within Consulting Firms 🡪 Partner, Director, Senior Manager, Manager, Senior Consultant, Consultant, Analyst8 minutes
Management Consulting Interview process9 minutes
How to Ace a Case Interview?0 minutes
Objective of a case interview4 minutes
Key Interview Skills6 minutes
How to open a case interview?7 minutes
How to analyze a case interview?7 minutes
How to close a case interview?2 minutes
Tips to handle case interview.7 minutes
How should we prepare for case interviews?6 minutes

4 readingsTotal 105 minutes

Syllabus15 minutes
Read More About Consulting Essentials and Skills Development30 minutes
Read More About Consulting Career Roles and Recruitment Processes30 minutes
Read More About Excelling in Case Interviews: Purpose, Strategies, and Best Practices30 minutes

4 assignmentsTotal 150 minutes

Graded Quiz: Introduction to Management Consulting60 minutes
Practice Quiz: What is Management Consulting?30 minutes
Practice Quiz: Career Paths in Management Consulting30 minutes
Practice Quiz: How to ace a case interview?30 minutes

1 discussion promptTotal 10 minutes

Meet and Greet10 minutes

This module delves into the use of guesstimates in management consulting, a critical skill for consultants to quickly and accurately estimate numbers during interviews and projects. This module covers the basics of guesstimates, their importance, and the approaches to solving guesstimate problems. You will learn both the bottom-up and top-down approaches, and see examples of guesstimate problems.

What's included

9 videos2 readings3 assignments

9 videosTotal 54 minutes

Guesstimates: Overview0 minutesPreview module
What are guesstimates?4 minutes
Why guestimates are asked in interviews?8 minutes
Application of guesstimates in projects9 minutes
Guesstimate Approach0 minutes
Bottom-up approach for a guesstimate problem5 minutes
Top-down approach for a guesstimate problem7 minutes
Example of a guesstimate problem8 minutes
Guesstimate Example in Real-life Consulting Projects9 minutes

2 readingsTotal 60 minutes

Read More About Mastering Guesstimates: Techniques, Benefits, and Applications30 minutes
Read More About Supply and Demand Approaches30 minutes

3 assignmentsTotal 120 minutes

Graded Quiz: Use of guesstimates in Management Consulting60 minutes
Practice Quiz: Introduction to guesstimates30 minutes
Practice Quiz: Guesstimate approach30 minutes

This module introduces the basic and advanced tools used in management consulting to analyze and solve business problems. You will learn about tools such as the issue tree, opportunity tree, MECE, BCG Matrix, SWOT Analysis, and more. This module aims to equip you with practical tools and methodologies that you can apply in real-world consulting scenarios.

What's included

16 videos2 readings3 assignments

16 videosTotal 99 minutes

Basic Tools in Management Consulting0 minutesPreview module
The Basic Tools, Techniques and Frameworks3 minutes
Issue tree and opportunity tree8 minutes
Prioritization3 minutes
Benchmarking7 minutes
Pareto analysis (80/20)4 minutes
KPIs and Business Drivers4 minutes
Excel and PPT Functions13 minutes
Advanced tools in Management Consulting0 minutes
BCG Matrix9 minutes
SWOT Analysis8 minutes
Value Chain/Process Mapping10 minutes
PESTLE analysis7 minutes
GE Mckinsey 9 Box Matrix10 minutes
Balanced Scorecard5 minutes
Course Closure - Gratitude !0 minutes

2 readingsTotal 60 minutes

Read More About Issue Trees: Structuring Solutions for Complex Problems30 minutes
Read More About Advanced Tools in Management Consulting: Frameworks for Strategic Success30 minutes

3 assignmentsTotal 120 minutes

Graded Quiz: Management Consulting tools60 minutes
Practice Quiz: Basic tools in Management Consulting30 minutes
Practice Quiz: Advanced tools in Management Consulting30 minutes

Instructor

Board Infinity

113 Courses173,119 learners

Offered by

Board Infinity

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Frequently asked questions

Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:

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When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don’t give refunds, but you can cancel your subscription at any time. See our full refund policy.

Fundamentals of Management Consulting

What you'll learn

Skills you'll gain

Details to know

See how employees at top companies are mastering in-demand skills

Build your subject-matter expertise

Earn a career certificate

There are 3 modules in this course

Introduction to Management Consulting

What's included

Use of guesstimates in Management Consulting

What's included

Management Consulting tools

What's included

Instructor

Offered by

Recommended if you're interested in Business Strategy

Fundamentals of Business Management

Case-Based Frameworks for Mastering Management Consulting

Why people choose Coursera for their career

New to Business Strategy? Start here.

Open new doors with Coursera Plus

Advance your career with an online degree

Join over 3,400 global companies that choose Coursera for Business

Frequently asked questions

When will I have access to the lectures and assignments?

What will I get if I subscribe to this Specialization?

What is the refund policy?

More questions