The career path for a consultant includes jobs as a business consultant, legal consultant, and financial consultant.
Consulting is an extremely diverse career path, as it can involve jobs in so many different industries, which all require their own educational background and specific skill sets.
In general, most consultants obtain at least a bachelor's degree in the specific field they want to consult in. Consultants also often gain certifications that are relevant to their field of work.
Here are some of the most common consulting career paths:
A consultant has expertise in a specific area of business or in a general sense. They offer expert advice to businesses, companies, and corporations in order to improve their business models and increase their profits.
Business consultants may also provide advice on how to structure a company or specific project. They are known to have strong communication skills, as this is essential in delivering their strategies to their clients.
Most business consultants have at least a bachelor's degree, while many have a master's degree. Degrees in business, economics, business administration, and finance are all relevant to a career in the field.
Most consultants do not start their careers in consulting but rather form or run successful companies or businesses before breaking into a career as a business consultant.
A legal consultant is a professional who provides legal advice and strategies to individuals and organizations. While they can perform many of the same functions as a lawyer, legal consultants strictly provide services outside of the courtroom. They can work in many different areas of law, including financial law, foreign affairs, real estate, as well as many others.
To become a legal consultant, you must graduate from law school and pass the bar exam. Legal consultants often specialize in one area of the law, meaning you need to gain sufficient experience in a specific legal area to become a legal consultant.
Nearly all legal consultants are veteran lawyers that have had long careers in the field. Oftentimes they are semi-retired and consult on a part-time basis.
A financial consultant is a professional that helps an individual or company build wealth. Their main objective is to help their clients with developing comprehensive long-term financial strategies to increase their wealth. They are heavily involved in the buying and selling of investments. And turning complicated financial concepts into actionable strategies.
A financial consultant may also advise a client or company on legal matters that relate to finance management and other financial issues. Financial consultants may operate broadly or in a more specific field.
Some examples of specialized financial consultants include pricing consultants, tax consultants, financial advisors, fundraising consultants, underwriting consultants, and valuation consultants.
To become a financial consultant, you must have an immense amount of knowledge in the areas of economics, financial concepts, business operations, and math. Nearly all have bachelor's degrees in a related area, and many hold master's degrees in finance, economics, business, mathematics, or other related areas.
Marketing consultants help companies develop a brand, connect with a target audience, and create effective business plans that result in more sales and public awareness of the company's products and/or services.
Marketing consultants may work in a broad capacity or specialize in a certain area of marketing. They may have extensive skills in creative areas, like copywriting or design, or may focus on technical realms, like data analytics and market research.
Examples of some sub-roles in the area of market consulting are advertising consultant, sales consultant, retail consultant, social media consultant, branding adviser, promotions consultant, SEO consultant, and digital marketing consultant.
Most marketing consultants hold a bachelor's degree in marketing, advertising, or another related field. Many also choose to get advanced degrees in these areas. It is necessary to build an impressive marketing portfolio prior to venturing into a career in consulting.