The main distinctions between management consulting and investment banking are the sectors they serve as well as their principal services. Although management consulting tries to assist organizations improve their performance and operations, investment banking deals with providing financial advising and underwriting services to help companies acquire capital through financial instruments like bonds and stocks.
Management consultants can operate in a range of industries, including healthcare, technology, and retail, whereas investment bankers frequently work in the finance and banking sector. Likewise, although management consulting demands a more long-term perspective, investment banking frequently entails high-risk, high-reward ventures.
Hence, if you want to learn more specifically about the parallels and discrepancies between investment banking and management consulting, you should watch this video tutorial from Intellipaat that is specifically focused to both the topics.
Back