Today we conclude the second part of our two part discussion of the key questions in International Management Consulting.
The Lifestyle of an International Consultant
First: What benefits and perks can one expect when working abroad? For example, what salary, housing, and so on are usual?
Usually, your benefits would be comparable to the standard package you would receive in the US. You would have the opportunity to attend lavish firm and team events, travel first class, and use your expense account.
On the other hand, your bonuses and pay will probably be less than you would receive in the US. There may be fewer perks. For example, most McKinsey offices in Asia don't give their junior consultants Blackberries. You must reach Engagement Manager level before you get one.
If you are hired in the United States and relocate to your job, your international hire status will bring you some relocation benefits. For example, you might get a larger relocation bonus and be housed temporarily. Aside from that, your benefits would be the same as the locally hired consultants.
Second: What is the lifestyle like when working abroad? What are the hours? What is the social life like?
This greatly depends on the country and the office you settle on. If you are in East Asia (China, Korea, Japan) the work will be harder. If you are in South America or Latin America ( Brazil, Argentina, Mexico) your work day will be shorter.
In each office, there are cultural issues that are of great importance. These will vary from office to office and country to country. For example, in Saudi Arabia, you cannot buy alcohol legally. So you can see that it is very important to research your chosen destination thoroughly before you ever apply. In this way, you can prevent embarrassing or disastrous errors.
Click here for the guide to management consulting CV and resumes.
What Are the Duties an International Consultant Can Expect?
1. Will the work differ from that done by a consultant in the US? Will you have more responsibility or less?
When considering consulting overseas, you will find that there are basically two categories. You might consult in a developed country like Japan or perhaps Western Europe, or you might consult in an emerging economy, like the Czech Republic or Vietnam.
In a developed country, your work will be very much like what you would do in the US. The variables would be your mix of industries and clients in your target country. Additionally, the local reputation and strong points of your firm would make a difference.
The work will be different in an emerging economy for a number of reasons:
* Less sophistication among your clients.
-Your principals and partners will be more varied in both experience and quality.
-You will have fewer resources in your local offices.
That wraps up our tour of international management consulting life and culture. Post additional questions about consulting abroad below and I'll update the article!
The Lifestyle of an International Consultant
First: What benefits and perks can one expect when working abroad? For example, what salary, housing, and so on are usual?
Usually, your benefits would be comparable to the standard package you would receive in the US. You would have the opportunity to attend lavish firm and team events, travel first class, and use your expense account.
On the other hand, your bonuses and pay will probably be less than you would receive in the US. There may be fewer perks. For example, most McKinsey offices in Asia don't give their junior consultants Blackberries. You must reach Engagement Manager level before you get one.
If you are hired in the United States and relocate to your job, your international hire status will bring you some relocation benefits. For example, you might get a larger relocation bonus and be housed temporarily. Aside from that, your benefits would be the same as the locally hired consultants.
Second: What is the lifestyle like when working abroad? What are the hours? What is the social life like?
This greatly depends on the country and the office you settle on. If you are in East Asia (China, Korea, Japan) the work will be harder. If you are in South America or Latin America ( Brazil, Argentina, Mexico) your work day will be shorter.
In each office, there are cultural issues that are of great importance. These will vary from office to office and country to country. For example, in Saudi Arabia, you cannot buy alcohol legally. So you can see that it is very important to research your chosen destination thoroughly before you ever apply. In this way, you can prevent embarrassing or disastrous errors.
Click here for the guide to management consulting CV and resumes.
What Are the Duties an International Consultant Can Expect?
1. Will the work differ from that done by a consultant in the US? Will you have more responsibility or less?
When considering consulting overseas, you will find that there are basically two categories. You might consult in a developed country like Japan or perhaps Western Europe, or you might consult in an emerging economy, like the Czech Republic or Vietnam.
In a developed country, your work will be very much like what you would do in the US. The variables would be your mix of industries and clients in your target country. Additionally, the local reputation and strong points of your firm would make a difference.
The work will be different in an emerging economy for a number of reasons:
* Less sophistication among your clients.
-Your principals and partners will be more varied in both experience and quality.
-You will have fewer resources in your local offices.
That wraps up our tour of international management consulting life and culture. Post additional questions about consulting abroad below and I'll update the article!
About the Author:
Management Consulted is a resource for understanding business consulting. Written by an ex-McKinsey consultant, it covers topics such as business consulting resumes and cover letters and salaries. Read the guide to strategy and management consulting today!
