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The Strategy Consulting Industry: Firms, Trends & Compensation (2025)

StrategyU

In 2025, the world of strategy consulting continues to evolve rapidly. Driven by technological disruption, shifting market dynamics, and changing client needs, top consulting firms are reinventing the way they work and compete.

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What Consultants Actually Do?

StrategyU

Consulting is a term thats tossed around in boardrooms, business school campuses, and everyday conversation. Yet, what do consultants actually do? Despite common stereotypes and vague assumptions, the consulting profession is multifaceted and demanding. Consulting can be divided into several kinds of work.

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John Legend Made Slides? What Famous Alums Learned In Consulting

StrategyU

The alumni of top consulting firms are part of all types of organizations around the world. Consulting firms like McKinsey, Bain, and BCG can claim world leaders, public company CEOs, heads of non-profits, entrepreneurs and even musicians. Boston Consulting Group. Most Famous & Infamous Alumni.

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How To Give Feedback Like A McKinsey Consultant

StrategyU

My experience at McKinsey early in my career, after working at GE, was the first time I learned both how to receive and give feedback. Do you have a toolkit for business problem solving? The post How To Give Feedback Like A McKinsey Consultant appeared first on StrategyU.

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What are the career paths and titles at McKinsey, Bain, and Boston Consulting Group?

StrategyU

What’s the difference between an “associate consultant,” “business analyst,” or “associate”? In terms of responsibilities and time in role, the roles at the top three consulting firms (McKinsey, Bain, and BCG) are very similar. Short answer: not much.

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The Cliches of Consulting vs The Reality

StrategyU

The mystique of strategy consulting has inspired films such as Office Space and Up In the Air and TV shows like House of Lies. Satire or not, the cliches associated with consulting do have an impact on how consultants are perceived, especially when validated by news reports about rogue consultants and disclosures of consulting debacles.

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The Ultimate Guide To “Scoping”: How Consultants Define Problems and Shape 

StrategyU

Think about a problem that you are facing today. “I But if you told a consultant about the problem, they would likely ask you a bunch of questions before saying that. This is a very different problem that needs to be addressed very differently (and reducing your caffeine intake won’t help!).