It’s a must! If you are a prospective consultant, you must be able to speak the language during the interviews and site visits. The lingo is quite common across firms. To help you learn those unique consulting phrases, Management Consulted reproduced an excellent post from a blogger (and Big 3 consultant), Benjamin Tseng, and tweaked his suggestions into terms that are “good to know” and added links to references from any earlier blog posts.
Read more here.