Finance vs Consulting | Which Career to Choose?

WallStreetMojo
WallStreetMojo
18.9 هزار بار بازدید - 6 سال پیش - In this video on Finance
In this video on Finance vs Consulting, we will do the analysis between a finance guy and a consultant.

𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐁𝐞𝐭𝐰𝐞𝐞𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠
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The one and only difference in  finance and consulting is that the compensation. You would earn a little bit more while starting your Finance career than starting your management consulting career.
But if you stick to your laurel, if you will do well, you will earn much more as a management consultant than a finance professional.

𝐂𝐚𝐫𝐞𝐞𝐫𝐬 𝐢𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐞
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1. Technical analysis
2. Corporate Finance Equity Research
3. Risk Management
4. Private Equity
5. Investment Banking
6. Project Finance
7. Equity Research
8. Quantitative Analysis

𝐂𝐚𝐫𝐞𝐞𝐫 𝐎𝐩𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠
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1. Management Consulting
2. IT Consulting and other areas
3. Strategic Consulting

𝐒𝐤𝐢𝐥𝐥𝐬 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐝 𝐢𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐞
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1. Accounting
2. Microsoft Excel
3. Valuation Methods
4. PowerPoint
5. Corporate Finance
6. Fixed Income
7. Financial Modeling
8. Corporate Law
9. Derivatives

𝐒𝐤𝐢𝐥𝐥𝐬 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐝 𝐢𝐧 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠
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1. Analytical Skills
2. Operations
3. Business Modeling
4. Microsoft PowerPoint (heavy)
5. Microsoft Excel (less)
6. Business Strategy
7. Human Resource
8. Supply Chain
9. Process vast data

𝐇𝐨𝐰 𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐭𝐨 𝐚 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐑𝐨𝐥𝐞?
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The 1st step is to decide what you want to specialize in. Is it something that you want to do at least for the next 10-15 years? If yes, then choose whatever speaks to you.

𝐇𝐨𝐰 𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐭𝐨 𝐚 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠 𝐑𝐨𝐥𝐞?
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You can join a big consulting firm like McKinsey & Company, Boston Consulting Group, Bain & Company, Accenture etc and can learn the art of the trade.

To know more about Finance vs Consulting, you can go to this 𝐥𝐢𝐧𝐤 𝐡𝐞𝐫𝐞: https://www.wallstreetmojo.com/Financ...

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6 سال پیش در تاریخ 1397/07/16 منتشر شده است.
18,972 بـار بازدید شده
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