Consulting Tools and Tips (Coursera)

Offered by Emory University,
Consulting Tools and Tips (Coursera)

This is the #4 course in the specialization on management consulting. Management consultants are quick learners. When you first join a generalist consulting firm, you are expected to learn core consulting skills and will likely be staffed on projects across industry and functions.

Class Deals by MOOC List - Click here and see Coursera's Active Discounts, Deals, and Promo Codes.

You might be on a chemicals pricing project, then a retail cost-reduction project. It’s critical that you learn “how to get smart quickly” and ask smart questions. At the same time, you should develop an armory of tools to create data through client interviews, surveys, benchmarking, and observations.
What You Will Learn
How to get smart quickly on a new topic? What is industry analysis? How to benchmark companies? How to make great excel models?

Course 4 of 5 in the Management Consulting Specialization.

Syllabus

WEEK 1
Work Smart and Quickly with Internet Research
What's the first thing you do when learning something new? Internet, of course. So, if you have a new client, in a new industry that you don't know a lot about, where should you start? Learn the first 10 steps you should take to learn the company's business, financials, and industry trends. Work smart.

WEEK 2
Understand Industry Supply Chain Dynamics
All companies and organizations sit within an industry landscape; they have suppliers, customers, rivals, and even new entrants (new competitors). What's the power dynamics among those players and who has the leverage? Professor Michael Porter famously said that "strategy is how you cope with competition." How can your client create barriers to entry and dig an "economic moat" around their business profits?

WEEK 3
Create Data Through Surveys and Observations
Consultants require useful data to make persuasive recommendations. Some of that data is available in ERP (enterprise resource planning) systems and IT databases. However, some other data doesn't exist; you need to create it through client interviews, surveys, observations, benchmarking, or other methods. It's a beautiful thing when consultants are able to drive correlation between the disparate pieces of "data" and tell a coherent story.

WEEK 4
Use Benchmarks as a Starting Point
Benchmarking is the simple idea of comparing performance against others. When you go to the doctor and they measure your vital signs (e.g., blood pressure, heart rate) against your peer group (e.g., women in their 50s), this is benchmarking. It's also a commonly used consulting tool because a) clients often want to know how they are performing relative to their peers, and 2) it's a convenient way for consultants to identify gaps in performance. While the concept is simple, it's incredibly difficult to do well. It's vulnerable to bias and manipulation. As a consultant, it can get you in trouble, and you should use it wisely.

WEEK 5
Use Excel to Model the Results
Management consultants use Excel daily. They need to organize, analyze, and uncover correlations between data. So, consultants practice Excel hygiene to keep their file useful: a) don't hard code values, b) keep a copy of your source data, c) document assumptions, d) don't merge cells. However, once you get past these beginner tips, you should consider who the audience is for the file before you spend too much time "making it pretty." For example, your manager wants to quickly understand and audit your work. Your client wants you to use the Excel model to show them your thinking and make a recommendation.

Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

China Strategy (Coursera) Coursera
The Chinese University of Hong Kong

China Strategy (Coursera)

This course is designed to help you, as a strategist of a foreign company, better understand how to develop your China strategy. Specifically, after studying China’s changing strategic landscape, you will focus on mastering three strategic issues: who – the major players in China, how – the entry modes, and where – the location strategy for your China business. This course is aimed to deliver updated knowledge and real experiences of developing China strategy.

Jun 22nd 2026
4 Weeks
Strategy and Sustainability (Coursera) Coursera
IESE Business School

Strategy and Sustainability (Coursera)

Business and environmental sustainability are not natural bedfellows. Business is about making money. Sustainability is about protecting the planet. Business is measured in months and quarters. Sustainability often requires significant short term costs to secure a sometimes uncertain long-term benefit. To some activists, all executives are exploitative, selfish one percenters. To some executives, all activists are irresponsible, unyielding extremists.

Jun 22nd 2026
5-12 Weeks
Applied Analytics and Data for Decision Making (Coursera) Coursera
University at Buffalo,The State University of New York

Applied Analytics and Data for Decision Making (Coursera)

By the end of this course, learners are prepared to identify and test the best solutions for improving performance and integrating concepts from operational excellence methodologies for optimum data-driven decision making. The course begins with a focus on deciphering the root cause of problems through a variety of tools before determining and assessing best-fit solutions. Learners discover how to apply ISO, Lean and Six Sigma in the pursuit of aligning organizational operations data with performance standards. Hospitality, manufacturing and e-commerce case studies help illustrate how to build data literacy while ensuring privacy and data ethics measures are in place.

Jun 22nd 2026
4 Weeks
Strategic Sales Management Final Project (Coursera) Coursera
FIA Business School

Strategic Sales Management Final Project (Coursera)

Welcome to Course 5 – Strategic Sales Management Final Project. In this course, you’ll develop the final project of the specialization, which is an application of the whole set of concepts, models, frameworks, tools, and techniques discussed and practiced through the four previous courses. A business case provides the business context to serve as the reference to support your analyses regarding strategy, marketing, and sales integration. The case is adapted from a real-life experience. Having developed these analyses, you will follow the project instructions that lead you to the application of the concepts you have learned so far, and proceed to the sales planning processes to support the development of a sales guidelines, which will support the sales planning process in a later moment.

Jun 22nd 2026
4 Weeks
Global Strategy I: How The Global Economy Works (Coursera) Coursera
University of Illinois at Urbana-Champaign

Global Strategy I: How The Global Economy Works (Coursera)

This course seeks to help you understand the forces of globalization and how cross-cultural management and the relationship of a multinational organization to various host countries is becoming more and more critical in today’s global economy. This course begins with the discussion of these issues and global relationships and delves into a deeper understanding of business strategy in today’s global business marketplace.

Jun 22nd 2026
4 Weeks
Global Strategy II: Doing Business in The Global Economy (Coursera) Coursera
University of Illinois at Urbana-Champaign

Global Strategy II: Doing Business in The Global Economy (Coursera)

This course explores the ways firms overcome challenges when operating globally. The global economy is characterized for its high complexity and uncertainty. Corporations trying to succeed in the global economy need to develop different types of strategies depending on where they are conducting business or what type business they are in.

Jun 22nd 2026
4 Weeks
Business Strategies for Social Impact (Coursera) Coursera
University of Pennsylvania

Business Strategies for Social Impact (Coursera)

When is it good business practice to invest for social good? What are the most innovative and effective business strategies for developing positive social impact around the world? Designed by renowned Wharton professors Katherine Klein and Chris Geczy to help individuals, organizations, and investors bring about societal change, this course introduces the fundamentals of impact investing, and developing a business strategy that drives social impact. You’ll learn how to become a leader who cultivates purpose and inspires change, measure societal impact through evidence-based models, and invest in ventures effectively and meaningfully. By the end of this course, you’ll have a deep understanding of the realities of leading an organization with purpose, and be able to build successful strategies that bring impactful change to the world.

Jun 22nd 2026
4 Weeks
Designing the Future of Work (Coursera) Coursera
UNSW Sydney - University of New South Wales

Designing the Future of Work (Coursera)

The workplace of tomorrow is an uncertain place. We live in a rapidly changing world, and design innovations such as artificial intelligence (AI), robotics, and big data are rapidly changing the fundamental nature of how we live and work. As these technologies continue to evolve at an exponential rate - it is becoming critical to understand their impact on contemporary work practices, and for businesses and employees to understand how to design a secure future amidst this disruption.

Jun 23rd 2026
4 Weeks
Innovation Management (Coursera) Coursera
Erasmus University Rotterdam

Innovation Management (Coursera)

What is innovation management? How do firms bring in new business models and get new products and services to the market? Go on a nine-week journey through innovation management concepts, theories of idea generation, selection, strategy formulation and implementation in this MOOC in Innovation Management. In it, you will also learn the tools for implementing innovation projects yourself. Guided by world-class academics, you will develop an innovative mindset and expertise in how firms successfully create new ideas for marketing new products. The syllabus also includes sessions about innovation strategy, idea management and social networks.

Jun 25th 2026
5-12 Weeks
Decision-Making and Scenarios (Coursera) Coursera
University of Pennsylvania

Decision-Making and Scenarios (Coursera)

This course is designed to show you how use quantitative models to transform data into better business decisions. You’ll learn both how to use models to facilitate decision-making and also how to structure decision-making for optimum results. Two of Wharton’s most acclaimed professors will show you the step-by-step processes of modeling common business and financial scenarios, so you can significantly improve your ability to structure complex problems and derive useful insights about alternatives. Once you’ve created models of existing realities, possible risks, and alternative scenarios, you can determine the best solution for your business or enterprise, using the decision-making tools and techniques you’ve learned in this course.

Jun 22nd 2026
4 Weeks
Doing Business in China Capstone (Coursera) Coursera
The Chinese University of Hong Kong

Doing Business in China Capstone (Coursera)

Doing Business in China Capstone enables you to apply your skills to real business challenges. You’ll use your newly earned business skills to identify, explore and evaluate a real opportunity involving products. In this capstone, you are the business consultant working for a well-established “HON / wellness” company. The CEO has given you a task. You have to bring a new overseas product into China.

Jun 22nd 2026
4 Weeks
Grow to Greatness: Smart Growth for Private Businesses, Part I (Coursera) Coursera
University of Virginia

Grow to Greatness: Smart Growth for Private Businesses, Part I (Coursera)

This course focuses on the common growth challenges faced by existing private businesses when they attempt to grow substantially. What you will learn: common myths and truths about growth in business; growth readiness assessment; the 4 P's of growing a business: planning, prioritization, pace and process; four ways to grow your business: scale and CVP, innovating, outsourcing and strategic acquisitions.

Jun 22nd 2026
5-12 Weeks