How do the core services offered by investment banks and management consulting firms differ?

Question

What are the main distinctions between the services provided by management consulting firms and investment banks?

Answer 1

Corporate clients of investment banks are largely served by their financial consulting and underwriting services, which also include help with mergers and acquisitions, initial public offerings (IPOs), debt and equity financing, and other capital-raising initiatives. 

Management consulting firms, on the other hand provides organizational design, process optimization, technology implementation, and human resources management which are just a few of the strategic and operational advice services to assist businesses in performing better. Although both businesses demand strong analytical abilities and financial knowledge, their respective focuses and skill sets differ.

So, if you want to know in more detail about the similarities and differences between Investment Banking and Management Consulting, then you must go once through this dedicated Intellipaat’s video tutorial about both these topics.