SME Management Consultant Examination study plan
SME Management Consultant Examination · Give each week a clear focus.
8 weeks · About 7 hours per week
Business Consulting Practice and Diagnostic Methods & Financial Accounting and Corporate Finance
Build a one-page diagnostic toolkit checklist covering financial, operational, and organizational assessment areas, citing at least three analytical frameworks per area
Draft a 10-question structured interview script for a client discovery meeting and rehearse it aloud twice
Map the full financial accounting cycle from journal entry to closing trial balance without notes, then verify against a textbook
Compute and interpret the eight core financial ratios (current, quick, debt-to-equity, gross margin, operating margin, net margin, ROA, ROE) on one sample income statement and balance sheet
Your checkpoint
A diagnostic toolkit checklist plus a worked ratio analysis spreadsheet with written interpretation of each ratio
Business Consulting Practice and Diagnostic Methods & Financial Accounting and Corporate Finance
Solve two full-length case-style diagnostic scenarios end to end, producing issue trees, root-cause hypotheses, and prioritized recommendations
Construct a three-statement financial model (income statement, balance sheet, cash flow) from a single year of sample data and check that it balances
Explain the difference between NPV, IRR, and payback period and apply all three to one capital budgeting decision
Write a one-page executive summary of a diagnostic finding using a pyramid-principle structure
Your checkpoint
Two completed diagnostic case write-ups, each with an issue tree and a one-page executive summary
Business Management and Organizational Theory & Operations Management and Production Strategy
Compare four organizational structures (functional, divisional, matrix, flat) and match each to a plausible SME scenario
Diagram the five forces for one industry and translate each force into a concrete implication for an SME client
Calculate capacity, utilization, and bottleneck throughput for a simple multi-step production process
Distinguish push versus pull scheduling and identify which fits a made-to-order SME
Your checkpoint
A comparative organizational-structure matrix plus a bottleneck analysis worksheet with calculated throughput figures
Operations Management and Production Strategy & Business Management and Organizational Theory
Apply lean concepts (value stream mapping, waste identification, takt time) to a documented sample process and propose three improvements
Perform a basic quality-cost analysis distinguishing prevention, appraisal, internal failure, and external failure costs
Assess organizational culture and change readiness using a named model and list resistance risks for a proposed change
Draft a 90-day implementation roadmap for one operational improvement, with owners and metrics
Your checkpoint
A value stream map with a quantified improvement proposal and a 90-day implementation roadmap
Marketing and Sales Strategy & Economic Policy and Business Environment
Segment a sample market using at least two segmentation bases and justify the target segment choice
Build a positioning statement and a simple 4Ps plan for one SME product line
Explain the transmission channels from monetary and fiscal policy to SME demand and financing costs
Identify three current regulatory or trade-policy factors that affect SMEs and describe their likely business impact
Your checkpoint
A one-page marketing plan (segmentation, targeting, positioning, 4Ps) plus a policy-impact brief of 400 words
Management Information Systems and Digital Transformation & Small and Medium Enterprise Policy and Support Systems
Map a sample SME's core processes to a digital tool stack and identify three digitization gaps with priority ranking
Explain cloud, ERP, CRM, and data-analytics value propositions in business terms without jargon
Outline the main SME support instruments (credit guarantees, subsidies, tax incentives, advisory programs) and the eligibility logic for each
Design a support-application roadmap for one hypothetical SME, matching needs to instruments
Your checkpoint
A digitization gap analysis with prioritized recommendations plus a support-instrument matching table
Economic Policy and Business Environment & Marketing and Sales Strategy & Management Information Systems and Digital Transformation & Small and Medium Enterprise Policy and Support Systems
Consolidate lighter domains into a single condensed review sheet of no more than four pages
Answer 60 mixed practice questions across domains 1, 5, 6, and 7 and log every error with its cause
Re-teach the three weakest concepts aloud as if to a client, without notes
Convert every logged error into a flashcard or one-line rule
Your checkpoint
A four-page consolidated review sheet plus an error log with at least 60 attempted questions
Business Consulting Practice and Diagnostic Methods & Financial Accounting and Corporate Finance & Business Management and Organizational Theory & Operations Management and Production Strategy
Complete two timed full-length mock exams under exam conditions and score each by domain
Recompute the highest-weight domain ratios and diagnostic frameworks from memory to confirm retention
Review every missed item from both mocks and classify each as knowledge gap, misread, or time pressure
Finalize a one-page exam-day strategy covering time allocation per domain and question-skipping rules
Your checkpoint
Two scored mock exams with a domain-level score breakdown and a one-page exam-day strategy sheet
Milestones
Week 2: Can produce a balanced three-statement model and a one-page diagnostic executive summary from raw case data in under 90 minutes without reference material
Week 4: Scores at least 70% on a self-made 30-question set covering domains 3 and 4, and can explain bottleneck throughput and takt time aloud
Week 6: Can match five hypothetical SME profiles to appropriate support instruments and justify each match in two sentences
Week 8: Achieves at least 75% overall on both timed mocks with no single domain below 60%, and has a written exam-day time-allocation plan