The highest-paid consultant job is that of a senior management consultant. An IT consultant helps clients take advantage of information technology to optimize processes, improve performance and achieve objectives. They can provide advice on computer programming, data and analysis, and help companies adapt to new technologies. Within IT consulting, there are a variety of subspecialties, including software developers, network architecture, computer systems analysis, and more.
Many IT consultants work for a company, but you can also work as a freelance consultant. A marketing consultant is typically hired to improve brand strategy and customer acquisition for customers. In most cases, the consultant will help define or execute marketing messages to appeal to a particular demographic group. This role can include the development of a brand voice, customer relationship management (CRM) strategies, marketing events, and other strategic marketing tactics.
Like other consulting roles, financial consultants provide advice to individuals and businesses to help them meet a variety of financial objectives. A financial consultant can specialize in several areas, such as investments, retirement planning, education costs, or corporate finance management. A human resources consultant advises management on hiring decisions, human resource planning, and processes. In addition, the function may involve analyzing current programs, suggesting solutions and creating new policies.
Since many companies have small human resources departments, there may be a lot of demand for a consultant to help with the workload. A tax advisor is different from a financial advisor, although there is some overlap. A certified public accountant (CPA) works with individuals or businesses to manage tax filing and IRS requirements for employees. A tax advisor, on the other hand, is usually an expert in tax law and works with larger portfolios to help clients reduce their tax burden.
A tax advisor may recommend depositing money into funds or accounts to maximize financial statements and minimize tax liabilities. Not all aspiring consultants are going to get a position in one of the three big firms: McKinsey and Company, Boston Consulting Group or Bain & Company, known in the industry as MBB. Its consultants help more than three-quarters of the companies included in the Fortune Global 500 list, as well as influential government and non-profit organizations.