Consulting In Banking & Finance

Friday, 28th August 2009

A niche area of banking and finance is the consultancy industry. Consultancy firms vary in their specialities and are largely dependant on the quality and knowledge of the consultants who work there.

Financial consultants provide financial advice to corporations and money managers. This advice may involve the strategies for creating shareholder value, business valuation, M&A advisory, economic forecasts and analysis or suggestions for Treasury management. Hot topics include valuation of internet companies, real options and corporate financial systems.

The essence of management consulting is to help a client obtain information and advice which leads to real and lasting solution of a problem.

Consultants think, analyze, brainstorm, cajole and challenge good organizations to become even better by adopting new ideas.

Great consultants are able to step into ambiguous, sometimes hostile situations and sense what changes need to be made. Great consultants are driven by ideas and a strong desire to have a positive impact on clients.

All consultancies have their own specialisms. The Banking and Finance sector use consultants for a range of activities. Nowadays it is common for large firms to provide several, or even all, consultancy specialisms.

How do I get a graduate scheme / internship / entry level job or career in Banking & Finance Consulting?

Obtaining a graduate scheme, internship or entry level role in consulting can be very challenging and competitive – though very achievable by getting your application, CV, interview and general approach right. You can guarantee that ninety percent of applicants for consulting roles will not know how to apply, so getting your application in the top ten percent makes things a lot more achievable.

Approaching the company in the right way will make all the difference. Combining the right approach with a strong interview (and in some cases assessment centre) writ a strong focused tailored CV will go a long way. Make sure you have gone through the free videos on this sight by entering your name and email address in the top right of this screen underneath the video. Once you have filled this in you will have instant access to everything you need to secure your career in consulting.