Shrish has left his high paying job in the US and came back to India two years ago. He started his IT consultancy firm in Delhi and since then is working as a consultant. When asked Shrish the reason for leaving the job market and returning to India, he replied “India is leading the way in the world in IT products and services. After working in the US and gaining sufficient knowledge, he returned to India to explore the Indian market. The best way to earn a living and becoming your own boss is by becoming a consultant.” He started as a consultant and two years down the line, he opened his own consultancy firm. His firm provides expert advice to clients in public limited companies.
Even Aarti became a consultant after she went the family way. She said “working as a consultant gives the liberty to work from home and not attend office. I can manage work and family easily”. She is an interior designer and after having experience in this domain for more than 6 years, she finally decided to work on her own.
Many are following suit and leaving their regular jobs to work as a consultant independently or through consultancy firms. Professionals today have varied job designations and working types. All work domains have now seen many going the consultancy way.
The consultant is derived from Latin word consultare , which means to discuss. Professionals working as a consultant give advice in a particular domain. There are consultants in security, management, accountancy, law (tax law, in particular), human resources, marketing (and public relations), finance, engineering. In the present economic situation, almost every field has consultants. Consultant jobs are getting popular with many are choosing to become one over regular jobs.
Consultants are professionals with expert knowledge in a particular field. The consultants can further divided into two, depending upon the working process.
External Consultant: There are many who work for different companies or firms. Companies hire them for their stronghold on knowledge in a particular domain. External consultant can work for more than one company.
Internal Consultant: Professionals as part of any organization, provides expert advice to departments and individuals. These professionals are also known as consultants, only they are working for a particular organization and not dealing with external clients.
In some countries such as in the United Kingdom, Australia and Ireland, this term is used for persons in senior medical positions.
Depending upon the area of expertise, consultants can apply for employment openings in varied field. Some of the commonly available vacancies in current business scenario are given below.
There are no fixed salaries for such jobs. Depending upon the work, consultants are paid. Also on the type of projects and duration of work, remuneration is fixed. Years of experience in the industry also an important factor while deciding the monetary issues. Another important factor is the success of past projects or services. Previous records of work help getting a stronghold in the industry. There are also many consultants, reputed in their field, who are paid not per projects, but on hourly basis.
So those who are pondering over the scope of jobs in consultancy, it has shining future. Consultants working in any fields, only require remain updated on skills and services.
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