MorganFranklin Consulting Review 2023: All you Need To Know

Morgan Franklin Consulting Firm is a renowned consulting firm specializing in management and technology solutions. They are well-known for their innovative approach and exceptional client service.

Their comprehensive range of services includes data science consulting to assist organizations in overcoming complex challenges and achieving sustainable growth.

MorganFranklin Consulting helps businesses drive transformation, enhance operational efficiency, and uncover valuable insights from their data by harnessing their team’s expertise, deep industry knowledge, and cutting-edge data analytics techniques.

With a strong commitment to client satisfaction and a focus on delivering tangible outcomes, Morgan Franklin Consulting Firm is a trusted partner for organizations seeking to leverage data science for strategic decision-making and long-term success.

This article will focus on MorganFranklin Consulting Review in an attempt to help you understandd all you stand to benefit b doing business with Morgan franklin consulting firm.

What Is Management Consulting, And How Do I Become A Management Consultant?

Management consulting is a profession that involves providing expert advice and guidance to organizations to help them improve their performance, solve problems, and achieve their business objectives.

Management consultants work closely with clients to analyze their current practices, identify areas for improvement, and develop strategic plans and solutions.

To become a management consultant, here are some steps you can take:

Obtain a Bachelor’s Degree

While not always a strict requirement, many management consulting firms prefer candidates with a bachelor’s degree in a relevant field such as business, economics, finance, or engineering. This degree provides a strong foundation in business concepts and analytical skills.

Gain Work Experience

Building relevant work experience is essential in becoming a management consultant. Look for internships or entry-level positions in consulting firms, business advisory services, or relevant industries. This experience will help you develop problem-solving abilities, industry knowledge, and client management skills.

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Develop Analytical and Problem-Solving Skills

Management consultants are often tasked with analyzing complex business challenges and finding effective solutions. Enhance your analytical and problem-solving skills by taking courses or pursuing certifications in data analysis, statistics, and strategic thinking.

Develop Strong Communication Skills

Effective communication is a key skill for management consultants. Develop your ability to convey complex ideas clearly and succinctly, both in written and verbal form. Practice delivering presentations and working on your interpersonal skills.

Pursue Advanced Degrees or Certifications

While not always necessary, obtaining a master’s degree in business administration (MBA) or a related field can enhance your qualifications and make you more competitive in management consulting. Additionally, consider pursuing industry-recognized certifications such as the Certified Management Consultant (CMC) designation.

Network and Build Connections

Networking plays a vital role in entering the management consulting field. Attend industry events, join professional organizations, and connect with professionals in the consulting industry. Networking can lead to job opportunities, mentorship, and insights into the consulting profession.

Apply to Consulting Firms

Research and identify consulting firms that align with your career goals and values. Prepare a well-crafted resume and cover letter highlighting your skills, experiences, and achievements. Leverage your network and utilize online job boards to explore entry-level consulting positions or graduate programs offered by consulting firms.

Prepare for Case Interviews

Case interviews are a common part of the management consulting recruitment process. Familiarize yourself with case interview frameworks and practice solving case studies to sharpen your problem-solving and analytical abilities.

Continuously Learn and Develop

Management consulting is dynamic; continuous learning is essential to stay updated with industry trends, methodologies, and tools. Seek opportunities for professional development through workshops, seminars, and ongoing education programs.

Remember, becoming a management consultant is a journey that requires a combination of education, experience, and skills.

By building a strong foundation, gaining relevant experience, and continuously developing your expertise, you can position yourself for a successful career in management consulting.

This said, let’s talk about the Morgan Franklin consulting firm.

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About Morganfranklin Consulting

Founded in 1998 in McLean, VA, MorganFranklin has built a reputation as a leading consulting firm focusing on strategy and execution.

Despite experiencing workforce reductions during the 2008 recession, the company has since experienced significant growth. Over the past five years, MorganFranklin has nearly tripled its employee count, expanding from 200+ to 600+.

With a strong affinity for hiring graduates from Georgetown University, 13.8% of its workforce comprises Georgetown alumni. The average salary at MorganFranklin Consulting stands at $98,697 per year, which is competitive within its industry and location.

Notable competitors such as North Highland, FTI Consulting, and Protiviti offer salaries of $106,710, $100,916, and $94,714, respectively. MorganFranklin Consulting remains committed to attracting top talent and providing competitive compensation within the consulting field.

Why You Should Do Business With Morganfranklin Consulting Firm

Morgan Franklin Consulting Firm LLC, headquartered in Washington, DC, is a trusted consulting firm that assists companies in capitalizing on challenges and driving positive transformation and growth.

They specialize in providing diverse strategic and execution-oriented services to help businesses stay competitive in a rapidly evolving landscape.

These services include accounting and auditing, corporate investigations, divestiture advisory, enterprise information management, risk management, financial transformation, governance and compliance, IT portfolio management, process improvement, and technology risk management.

With a focus on delivering valuable insights and solutions, Morgan Franklin Consulting empowers companies to navigate complex situations, optimize operations, and achieve long-term success.

With such a broad array of services, which have applications in virtually every industry, working at MorganFranklin Consulting offers opportunities for aspiring consultants with many different skill sets and interests to advance their consulting careers.

Firm Key Stats

Firm Website: www.morganfranklin.com
Headquarters: Washington, DC
Number of Employees: 600+
Number of Locations: 8
Chief Executive: Chris Mann
Firm Revenue: $200+ million

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MorganFranklin Careers

Now that you have all the information you need about MorganFranklin jobs, you can decide if working there would be a good choice. Visit the careers page of MorganFranklin for more details on available positions.

MorganFranklin Internship

At present, specific information about current internships at MorganFranklin is limited. While there is an article on their website about a summer externship offered in 2020 in response to the COVID-19 pandemic, details about recent or ongoing internship opportunities are not readily available.

Job boards like Glassdoor and Indeed display expired postings for a Cybersecurity Intern position from 2022. However, the most recent posting was for a Talent Acquisition Intern position, which is approximately a month old.

Reviewing job reviews from previous MorganFranklin interns, the overall sentiment is positive, with interns expressing satisfaction with their experience. According to Glassdoor, compensation for interns at MorganFranklin is estimated to range between $48,000 and $60,000 annually.

As internship opportunities may vary, visiting the official MorganFranklin website or contacting their recruitment team for the most up-to-date information on internship programs and available positions is recommended.

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Practice Areas

A range of corporate, financial, and technology advising services are offered by MorganFranklin, particularly in business transformation. The main MorganFranklin practice areas include:

  • Accounting & Risk Advisory
  • Technology Enablement
  • Cybersecurity
  • Transaction Services
  • Strategic Transformation & Program Execution
  • Supply Chain & Retail Management

Industries

Technology investment is needed for businesses to emerge and stay competitive in today’s markets. As a result, MorganFranklin services a diverse range of sectors. According to the company website, the key MorganFranklin industries include:

  • Financial Services
  • Aerospace & Defense
  • Technology, Media, & Telecom
  • Retail & Consumer
  • Private Equity
  • Healthcare & Life Sciences
  • Energy & Construction
  • Nonprofit

MorganFranklin Consulting Locations

There are eight MorganFranklin consulting locations:

  • MorganFranklin Washington, DC
  • MorganFranklin New York, NY
  • MorganFranklin Atlanta, GA
  • MorganFranklin San Francisco, CA
  • MorganFranklin Los Angeles, CA
  • MorganFranklin Charlotte, NC
  • MorganFranklin Raleigh, NC
  • MorganFranklin Nashville, TN

Career Path

The MorganFranklin career path is similar in structure to many other consulting firms. The different MorganFranklin consulting careers, in ascending order of salary and hierarchy, are:

  • Associate Consultant
  • Consultant
  • Senior Associate Consultant
  • Senior Consultant
  • Consulting Manager
  • Senior Consulting Manager

Exit Opportunities

As MorganFranklin Consulting offers a comprehensive range of services across various industries, employees have the unique opportunity to develop diverse skills and gain experience in multiple practice areas. This broad exposure translates into abundant exit opportunities for individuals leaving MorganFranklin.

Former employees of MorganFranklin are well-positioned to pursue careers in other consulting firms, leveraging the skills and knowledge acquired during their tenure. The extensive industry exposure and expertise gained at MorganFranklin make them attractive candidates for consulting roles in other organizations.

Additionally, departing employees may choose to transition into direct employment with different companies operating in the industries served by MorganFranklin. The broad understanding of business advisory needs and the specific industry knowledge acquired during their time at MorganFranklin provide a solid foundation for roles within various organizations.

Whether individuals seek to continue their consulting career in different firms or transition to direct employment in specific industries, the diverse experiences gained at MorganFranklin enhance their marketability and open doors to a wide range of opportunities.

Diversity Programs

Many MorganFranklin diversity programs are structured through the firm’s IDEAS initiative, which stands for Inclusion, Diversity, Equity, Allyship, and Social Justice. IDEAS is aimed at cultivating a more diverse and inclusive workforce.

One of the main programs offered under the IDEAS initiative is Reverse Mentoring, in which company leadership is reverse mentored by an employee of a different gender, race, or generation.

The IDEAS Learning Series promotes positive action and change through educational offerings and transparent conversations.

Another MorganFranklin diversity program is the Women’s Initiative. The Women’s Initiative strives to support the mentoring and professional advancement of women through community engagement, networking, and educational offerings.

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MorganFranklin Culture

The MorganFranklin culture, according to the company, centers on diversity, inclusiveness, respect, and authenticity.

The firm website espouses Corporate Responsibility as a core value, with many leaders and employees involved in charitable organizations and community initiatives.

The firm also specifies its dedication to Environmental, Social, and Governance (ESG) standards in its consulting work and its decision-making.

Current and previous employees tend to speak highly of the MorganFranklin culture. They highlight the supportive and respectful environment and a positive balance between a rigorous work ethic and a sense of fun.

MorganFranklin Interview

If you’re interested in working at MorganFranklin, you’ll need to get ready to ace the MorganFranklin interview. Let’s take a look at what you can expect.

Firm Interview Process

The MorganFranklin business interview procedure won’t present many shocks if you are accustomed to consulting firm interviews. An HR representative often conducts a first screening during the MorganFranklin interview process.

The next step is up to three one-on-one interviews with executives from various levels of the business, each lasting 45 to 60 minutes.

Questions concerning prior experience, behavioral fit, and technical proficiency are frequently asked during interviews.

While some prior applicants claim to have had to complete a case study, the majority do not. The organization looks for candidates with corporate knowledge and a sincere passion for the company’s services.

Morgan Franklin Consulting Firm Salary

Morgan Franklin Consulting’s salaries are competitive with many other top-tier consulting firms, especially at the entry level. According to Glassdoor, the average MorganFranklin consulting salary for each consulting position is:

  • MorganFranklin Associate Consultant Salary: $92,000
  • MorganFranklin Consultant Salary: $107,000
  • MorganFranklin Senior Associate Consultant Salary: $139,000
  • MorganFranklin Senior Consultant Salary: $156,000
  • MorganFranklin Consulting Manager Salary: $174,000
  • MorganFranklin Senior Consulting Manager Salary: $183,000

The $107,000 consultant remuneration at MorganFranklin is somewhat comparable to the $110,000–112,000 range for consultants at the Big 3 firms.

See the Management Consulted salary report here for a more thorough analysis of the consultant salary market, complete with extensive compensation data for hundreds of consulting firms.

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Conclusion

Morgan Franklin Consulting Firm is a respected and renowned management and technology consulting firm that consistently delivers innovative solutions and exceptional client service.

With a focus on helping organizations tackle complex challenges and achieve sustainable growth, MorganFranklin offers diverse services in strategy, operations, technology, and risk management.

Their talented team of professionals combines deep industry knowledge with cutting-edge methodologies to drive positive transformations and empower clients to thrive in today’s competitive landscape.

With a commitment to excellence and a track record of success, MorganFranklin Consulting continues to be a trusted partner for businesses seeking strategic guidance and impactful solutions.

References

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