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Driver Tree: What Is It?

The driver tree is one of the oldest frameworks for business thinking. The tool’s roots trace back to the 1920s, when DuPont used the driver tree to define Return on Investment (ROI) as a function of profitability, financial leverage, and asset turnover. Sound confusing? Don’t worry about the fancy finance lingo - that’s not what’s…

Article Recap: Week of September 1, 2019

Mental Models Mental Models play into just about every situation. They also help to make sense of why you make the decisions you do. Check out this super interesting and enlightening article! [cta_button button_link="https://demo.managementconsulted.com/management-consulting/mental-models-what-are-they/" button_text="See The Article"]   Investment Banking: My Journey from Deloitte Consulting Deloitte is one of the top accounting firms to work…

Consulting Salary Structure

  Consulting salary structure. It's often misunderstood and it can be difficult to figure out exactly how much you might expect to make. Look no further to get the full and complete picture on compensation structure. Internship compensation, MBA compensation, full time consultant salaries, engagement manager salaries, and salary structure at the Partner level, all…

3 Things You Must Know To Solve Every Case Interview

Case interviews are business puzzles. Just like solving a puzzle, a strategic method should be used to solve a case interview. The best consulting candidates don’t randomly start putting pieces of data together but instead utilize a system as they work to crack a case. There are an endless number of ways to tackle a…

How To Get Into Consulting: 5 Steps To Take

So you want to be a management consultant? Unfortunately, millions of others decide the same thing every year. The management consulting recruiting process is one of the most competitive processes in the world. With so many candidates vying for limited spots, it can often seem impossible to know how to get into consulting. That’s where…

Investment Banking: My Journey from Deloitte Consulting

Ah...the classic battle that never seems to be settled: investment banking versus consulting. Which one is better? Or more importantly, which is better for you? Ultimately, it’s kind of like choosing your favorite ice cream flavor. The foundational elements in all types of ice cream are the same. However, there are both subtle nuances and…

Mental Models: What Are They?

At some point in your business career you’ll likely hear management types discussing mental models and the positive or negative effects these models can have on teams. To the uninitiated, this can sound confusing. In the management world, the mental model definition refers to an individual’s inherent frame of reference or experiences that color how…

Article Recap: Week of August 25, 2019

BCG Pymetrics Test BCG is following suit with other MBB firms and adding a digital component to their case interview process. See what it entails here. [cta_button button_link="https://demo.managementconsulted.com/case-interview/bcg-pymetrics-test/" button_text="See The Article"]   Resume Keywords: Consulting Action Words See what the best words are for your consulting resume! [cta_button button_link="https://demo.managementconsulted.com/consulting-resumes/resume-keywords-consulting-action-words/" button_text="See The Best Words"]   80/20…

80/20 Rule (Pareto Principle) Explained

The 80/20 Rule, also known as the Pareto Principle, has been a seminal principle in prioritization, efficiency, and working "smarter" for over 100 years. In short, the 80/20 Rule helps you get the biggest return from the least possible amount of effort. Listen to Jenny Rae as she explains what the 80/20 Rule is, its'…

Resume Keywords: Consulting Action Words

In consulting recruiting, your resume can either be one of your greatest assets or liabilities. After all it’s the first impression you make in most instances. In order to best represent your set of experiences, you’ll need to use the relevant resume keywords that consulting firms look for when screening candidates. Resume Keywords A good…