What is Consultancy?
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Management consultancy is a multi-billion pound industry, employing millions of people worldwide. It is one of the most popular choices of graduate employment in the UK. Management consultancies can found on all the world's major stock exchanges.

So why does 99% of the population have absolutely no clue of what they are or what they do? And why do thousands of the graduates who apply to the industry have no idea either?

We've listed some definitions to help you out.

If you'd like some further light shed on the topic, either get in touch with us or try out contacts list.
Definitions of Consultancy

If you do get asked what you do, or what you're applying to do, by an unsuspecting member of the public, here are some possible answers.

Wikipedia definition of management consultancy
http://en.wikipedia.org/wiki/Management_consultant

"If you combine con and insult, you get consult." Scott Adams, Dogbert

MSN Encarta definition
http://encarta.msn.com/encnet/features/dictionary/DictionaryResults.aspx?refid=561533497

Prospects Careers Site definition
http://www.prospects.ac.uk/cms/ShowPage/Home_page/Explore_types_of_jobs/Types_of_Job/p!eipaL?state=showocc&pageno=1&idno=391

"The creation of value for organisations, through the application of knowledge, techniques and assets, to improve performance. This is achieved through the rendering of objective advice and/or the implementation of business solutions." Management Consultancies Association


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