While every business consistently confronts challenges, the most successful companies use challenges as opportunities to transform and to grow. MorganFranklin Consulting LLC is a Washington, DC based consulting firm that focuses on helping companies achieve positive transformation in the face of competitive, financial, and technological challenges. MorganFranklin offers a wide variety of strategic- and execution-oriented services aimed at helping companies get and stay ahead of the competition. These services include accounting & auditing, corporate investigations and dispute solutions, divestiture advisory, due diligence, enterprise information management, enterprise and operational risk management, enterprise resource planning, financial transformation, governance and compliance, IPO readiness, IT portfolio and project management, operational assessment, post-transaction optimization, process improvement and re-engineering, technology risk management, and valuation services.
With such a broad array of services, which have applications in virtually every industry, working at MorganFranklin Consulting offers opportunities for aspiring consultants with many different skill sets and interests to advance their consulting careers.
Firm Key Stats
Firm Website: www.morganfranklin.com
Firm Headquarters: Washington, DC
Firm Number of Employees: 600+
Firm Number of Locations: 8
Firm Chief Executive: Chris Mann
Firm Revenue: $200+ million
MorganFranklin History
The MorganFranklin history begins with its founding in McLean, VA, in 1998. Since the firm’s founding, it has worked at the leading edge of strategy- and execution-focused consulting. While the 2008 recession necessitated over 100 layoffs, MorganFranklin has otherwise grown steadily and quickly, nearly tripling their number of employees in the last five years from 200+ to 600+.
MorganFranklin Careers
Now let’s take a look at everything you need to know about MorganFranklin careers, so you can decide if working at MorganFranklin would be a good option for you. For more information about MorganFranklin careers, check out their careers page.
MorganFranklin Internship
There is no current information about existing MorganFranklin internships. The firm website contains an article about a summer externship offered in the wake of the COVID-19 pandemic in 2020. Job boards like Glassdoor and Indeed contain expired postings for a Cybersecurity Intern from 2022. The most recent MorganFranklin consulting internship posting is a month old, with the title of Talent Acquisition Intern. Job reviews from previous MorganFranklin interns generally speak positively of the experience, including the compensation, which Glassdoor estimates at $48,000-60,000 annually.
Practice Areas
MorganFranklin provides a variety of services relating to business, financial, and technological advisory, especially in the area of business transformation. The main MorganFranklin practice areas include:
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- Accounting & Risk Advisory
- Technology Enablement
- Cybersecurity
- Transaction Services
- Strategic Transformation & Program Execution
- Supply Chain & Retail Management
Industries
Every modern industry requires companies to invest in technology in order to become and remain competitive. Hence, the list of industries MorganFranklin serves is wide and deep. According to the company website, the key MorganFranklin industries include:
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- Financial Services
- Aerospace & Defense
- Technology, Media, & Telecom
- Retail & Consumer
- Private Equity
- Healthcare & Life Sciences
- Energy & Construction
- Nonprofit
MorganFranklin Consulting Locations
There are eight MorganFranklin consulting locations:
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- MorganFranklin Washington, DC
- MorganFranklin New York, NY
- MorganFranklin Atlanta, GA
- MorganFranklin San Francisco, CA
- MorganFranklin Los Angeles, CA
- MorganFranklin Charlotte, NC
- MorganFranklin Raleigh, NC
- MorganFranklin Nashville, TN
Career Path
The MorganFranklin career path is similar in structure to many other consulting firms. The different MorganFranklin consulting careers, in ascending order of salary and hierarchy, are:
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- Associate Consultant
- Consultant
- Senior Associate Consultant
- Senior Consultant
- Consulting Manager
- Senior Consulting Manager
Exit Opportunities
As MorganFranklin Consulting functions as something close to a “one-stop shop,” which services such a wide variety of clients’ business advisory needs, MorganFranklin employees have the opportunity to build skills and experience in many industries and practice areas. This means that the MorganFranklin exit opportunities can be quite rich.
Departing MorganFranklin employees will be well equipped to seek work in other consulting firms. Alternatively, MorganFranklin employees can move into careers working directly for different organizations in the many industries MorganFranklin serves.
Diversity Programs
There are many MorganFranklin diversity programs structured through the firm’s IDEAS initiative, which stands for: Inclusion, Diversity, Equity, Allyship, and Social Justice. IDEAS is aimed at cultivating a more diverse and inclusive workforce. One of the main programs offered under the IDEAS initiative is Reverse Mentoring, in which company leadership is reverse mentored by an employee of a different gender, race, or generation. The IDEAS Learning Series strives to promote positive action and change through educational offerings and transparent conversations.
Another MorganFranklin diversity program is the Women’s Initiative. The Women’s Initiative strives to support the mentoring and professional advancement of women through community engagement, networking, and educational offerings.
MorganFranklin Culture
The MorganFranklin culture, according to the company, centers diversity, inclusiveness, respect, and authenticity. The firm website espouses Corporate Responsibility as a core value, with many leaders and employees involved in charitable organizations and community initiatives. The firm also specifies its dedication to Environmental, Social, and Governance (ESG) standards in its consulting work and its own decision making.
Current and previous employees tend to speak highly of the MorganFranklin culture. They highlight the supportive and respectful environment, as well as a positive balance between a rigorous work ethic and a sense of fun.
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MorganFranklin Interview
If you’re interested in working at MorganFranklin, first you’ll need to get ready to ace the MorganFranklin interview. Let’s take a look at what you can expect.
Firm Interview Process
If you’re familiar with consulting firm interviews, the MorganFranklin firm interview process won’t offer too many surprises. The MorganFranklin interview process typically begins with an initial screening, conducted by an HR representative. From there, applicants proceed through up to three different one-on-one interviews with leaders at different levels of the company, with each interview typically lasting 45-60 minutes.
The interviews typically include a combination of questions about previous experience, behavioral fit, and technical expertise. While some previous applicants report having to work through a case study, most do not. MorganFranklin specifies that it seeks applicants who demonstrate knowledge of the company as well as a genuine passion for the services the firm offers.
MorganFranklin Consulting Salary
MorganFranklin Consulting salaries are competitive with many other top-tier consulting firms, especially at the entry level. According to Glassdoor, the average MorganFranklin consulting salary for each consulting position is:
- MorganFranklin Associate Consultant Salary: $92,000
- MorganFranklin Consultant Salary: $107,000
- MorganFranklin Senior Associate Consultant Salary: $139,000
- MorganFranklin Senior Consultant Salary: $156,000
- MorganFranklin Consulting Manager Salary: $174,000
- MorganFranklin Senior Consulting Manager Salary: $183,000
The MorganFranklin consultant salary of $107,000 is roughly on par with the consultant salaries for the Big 3 firms, which typically range from $110,000-112,000.
For a more detailed picture of the consultant salary landscape, with detailed compensation information for hundreds of consulting firms, see the Management Consulted salary report here.
Conclusion
With excellent compensation, a challenging yet fun work environment, and the chance to gain experience in a variety of business advisory services, MorganFranklin Consulting is a highly attractive option for aspiring consultants. If you’re interested in providing cutting-edge transformational services to companies facing high-stakes challenges, consider applying to MorganFranklin today.
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Additional Resources:
- Top Consulting Firms of 2023
- Top 10 Boutique Consulting Firms in US
- Consulting Resume: Complete Guide
- Case Interview: Complete Prep Guide