Rapid Growth in the Consulting Industry
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Posted by  in Consulting Industry

Last week, BusinessBecause (the virtual community and “niche network” that connects business students, employers, business school applicants and business schools around the world) published an article that addressed the rapid growth and increased merger & acquisition activity that characterizes today’s consulting industry.

Several noteworthy items in the article that jumped out at those of us on the DARTON GROUP team included:

  • The biggest consulting companies are seeking to expand and diversify, and move away from their auditing roots into more lucrative areas of business
  • Today’s M&A deals are part of a wider effort to bolster transformational projects, which count for an estimated one-third to two-thirds of growth in consulting
  • The consulting industry’s appetite for acquisitions is being fueled by massive global revenues, which for some have been the fastest growth margins since the crisis in 2008
  • Consulting remains a very popular targeted industry for today’s business school students
  • A recent survey by the Graduate Management Admission Council found a jump in the number of alumni employed in the consulting industry post-crisis

Read the full article here.

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