Brussels, Belgique (PressExposure) January 19, 2012 -- Recently, it has been seen that many people with good audit jobs are transitioning into management consultancies for higher career growth. To some extent it is a good diversification for them, while some of the economic scholars feel that it's not the best decision. They believe that rather diverting to strategy management, they must get set on their work and follow many new opportunities in their own field; where they will grow faster there rather diverting to management consultancies.
From the strategy consultant's point of view, audit is not recognized as a prestigious field. They are having a perception that the nature of work is transactional and they are not used to a particular type of work. They deal with big strategic decisions and audit is not the field for them. For Auditors, one of the best ways to transit into strategy making is by having a Master's Degree in Business Administration (MBA) from one of the top Business schools.
Auditors are also thinking financially; given that strategy consultants are better paid compared to them, this could be the reason for this desired transition. The other opportunity for auditors moving into strategy business lies in the audit firm where they are employed presently. Most of the audit firms are expanding their business and moving towards strategy consultancy. They prefer to hire good strategy consultants from within their organization, rather hiring from other resources.
Leading resource for getting into a leading management consulting firm:
If you are interested in moving to management consulting; AceYourCase.com is a great website with a comprehensive focus on strategy consultancy and management. The website offers case interview preparation tips & tricks, and also shares good pre and post case study analysis. The objective of AceYourCase.com is to provide a good platform for emerging business consultants. It empowers them with the attitude and aptitude skills, so that they can handle real complex business cases successfully. Interview is the first step for candidates to get corporate exposure, so they must take their interview as if they are doing it for a real client. In the book "Case Interview Success" is explained the various expects for the candidates to ace that interview and become a successful strategic consultant. AceYourCase.com covers all vital points in its blog on structuring successfully business cases. The book covers the entire interview process in detail while keeping the core focus on cracking business cases. The book furthermore covers all the important topics in a very detailed manner for consulting interview. The book has various mock interviews to analyze and evaluate your performance. http://www.aceyourcase.com/