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Overseas Management Consulting Advice

Today we will take up Part II of our series about the key questions of International Management Consulting.

The Lifestyle of an International Consultant

1. What can you expect in housing, salary, benefits, and perks when you work abroad?

Usually, your benefits would be comparable to the standard package you would receive in the US. You would have the opportunity to attend lavish firm and team events, travel first class, and use your expense account.

The downside is that your pay and bonuses may be smaller than you would expect in the United States. You might have fewer perks. McKinsey’s Asian offices, for example, do not give Blackberries to their junior consultants. When you arrive at Engagement Manager level, you will be awarded one.

If have been hired in the US and will be relocating to your new position, you will be considered an international hire. You will then receive some relocation benefits. These could include an increased relocation bonus and temporary housing. Other than that, you will be on a par with all the other local consulting hires.

2. What is the lifestyle like generally in terms of hours worked and social life?

This greatly depends on the country and the office you settle on. If you are in East Asia (China, Korea, Japan) the work will be harder. If you are in South America or Latin America ( Brazil, Argentina, Mexico) your work day will be shorter.

Be sure to research the cultural issues that exist in every country and every office. You will avoid embarrassing and problematic errors by doing so. For example, you will want to be aware that it is illegal to purchase alcohol in Saudi Arabia, if you are considering going there.

Click here for the guide to management consulting CVs and resumes.

What Are the Duties an International Consultant Can Expect?

1. Will the work differ from that done by a consultant in the US? Will you have more responsibility or less?

When you think about consulting overseas, there are generally two categories you might fall into. One is consulting in a developed country. This would include Western Europe or Japan. The other is consulting in an emerging economy. This would include Vietnam and the Czech Republic.

If you go to a developed country, your job will be very similar to that of a US consultant. Your client base and the industries you would deal with might differ. The strengths and reputation of your firm might play a different role.

The work will be different in an emerging economy for a number of reasons:

* Less sophistication among your clients.

-Your principals and partners will be more varied in both experience and quality.

* Limited resources in your local office.

That wraps up our tour of overseas business consulting life. Please post your questions about international consulting below, and I will update the article as I receive them.

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