IHS Markit is a data and analytics provider to growing businesses across many different industries. IHS Markit Consulting is headquartered in London, UK but has offices worldwide. The firm is well-known for its intimate approach and personalized attention in consulting. Over the years, they have earned a reputation for delivering exceptional results for their clients and helping their internal talent reach their full potential. Through its focus on analytics and data-driven solutions, the IHS Markit consulting team can provide unique insights to help clients achieve their strategic objectives. IHS Market was acquired by S&P Global in February of 2022.
Table of Contents:
- IHS Markit Key Stats
- IHS Markit History
- IHS Markit Careers
- IHS Markit Internship
- Practice Areas
- Office Locations
- Career Path
- Exit Opportunities
- Notable Alumni
- Target Schools
- Diversity Programs
- IHS Markit Culture
- IHS Markit Interview
- IHS Markit Salaries
IHS Markit Key Stats
IHS Markit Website: ihsmarkit.com
IHS Markit Headquarters: London, UK
IHS Markit Number of Employees: 13,000+
IHS Markit Number of Locations: 50+
IHS Markit Chief Executive: Lance Uggla
IHS Markit Revenue: $4.658 Billion
IHS Markit History
The IHS Markit history begins in 1959 when the company IHS was founded as just IHS (Information Handling Services). The company’s aim was to create microfilm databases for aerospace engineers. Markit, formally known as Mark-it Partners, was founded in 2003 and merged with IHS in 2016. Years of acquisitions has made IHS Markit one of the leaders in the world of consulting. The company merged with S&P Global in 2022, expanding its influence even further.
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IHS Markit Careers
Looking to start a career in consulting? If so, you may want to consider IHS Markit Consulting. With offices all over the world, IHS offers a range of opportunities for ambitious consultants looking to grow their skills and build careers. Whether you are a recent graduate looking to embark on your first steps in the industry or an experienced professional with years of experience under your belt, IHS has something to offer. At IHS, you will benefit from working with some of the industry’s most respected experts. With over 180 partners and more than 450 senior managers across offices around the globe, IHS is well known for producing high-quality work and providing unparalleled guidance and support to its team members. This expertise translates directly into great career opportunities for those who are dedicated to learning and growth. IHS Markit consulting careers can take many forms, so be ready to wear many hats and explore many dimensions of the consulting world, with a focus on information management and analytics.
IHS Markit Internship
One key strength of IHS Markit is its ability to offer high-quality internships to aspiring consultants. Whether they are focused on strategy consulting, technology consulting, or another area altogether, IHS interns get the chance to develop new skills and expand their consulting knowledge. This means that an IHS Markit internship means more than just getting practice for your future career – it also entails gaining hands-on experience with real client projects from day one. If you’re looking for an internship experience that offers real work experience and structured learning sessions, then consider applying for an internship with IHS Markit Consulting. We can help you prepare for the competitive interview process.
Click here to see more information on a IHS Markit Internship.
IHS Consulting practice areas are organized much differently than that of a traditional consulting firm. Because IHS is more a provider of information than a traditional consulting firm, its practice areas are essentially organized around different ways to get insights to clients: research and analysis, podcasts, and experts.
Research and analysis is the core practice area. This is about providing traditional market research studies and analyses of various industries and topics. Expert consultation is the other main way it serves clients. Here, clients get access to specific individuals with decades of deep experience in particular industries and, more likely, specific topics within an industry. Podcasts, as the name implies, is a series of podcasts on top of mind subject areas.
IHS Markit works with clients across a range of industries, from healthcare and technology to finance, consumer goods, and manufacturing, and has earned a reputation for delivering information and insights that impact the bottom line. Its priority industries include:
- Academic and education
- Aerospace and defense
- Energy and natural resources
- Financial services
- Maritime, Trade, and Supply Chain
There are dozens and dozens of IHS office locations. The firm is in over 20 countries. You can search by country and/or state for IHS office locations here.
As for IHS Markit career paths, IHS is flexible in terms of how you choose to develop your skill set: with opportunities for on-the-job training as well as participation in formal programs. Whatever your path may be, at IHS you have all the resources you need at your fingertips to shine in your role and take control of your future.
With IHS Markit Consulting experience under your belt, your exit opportunities are diverse and expansive. At IHS, you’ll gain valuable experience in gathering and analyzing data. This can be useful to almost any industry and many other types of consulting firms as well. After working at IHS Market and obtaining deep experience in information development and management, you would be a useful addition to many other types of firms that need to explore and understand markets.
These are some IHS Markit notable alumni:
- Sean Park & Amy Nauiokas, Co-Founders of Anthemis Group
- John Oleski, Founder of Right Pedal
- Aarkriti Itsm, Associate Director at OSTTRA
A search of Linkedin will reveal dozens and dozens of additional notable HIS market alumni.
As a global firm, IHS Markit target schools are too numerous to mention. It is interested in hiring people who are passionate about next-generation information and insights and are capable of doing the work. There are hundreds, if not thousands, of schools across the globe producing graduates who may fit this bill.
IHS Markit Consulting is likely committed to creating a diverse, inclusive workplace where all employees can reach their full potential. While it is unclear what specific IHS Markit diversity programs exist, the company has a worldwide presence and facilitates international communications through its offices.
IHS Markit Culture
Supportive of professional growth and development, this firm provides a wealth of opportunities for individual career advancements as well as chances to expand one’s knowledge base through comprehensive training programs. The company creates a dynamic work environment centered on collaboration, entrepreneurship, and support. It is vigilant about hiring exceptional people, not just exceptional workers.
IHS Markit Interview
The IHS Markit interview is designed to give potential candidates a complete understanding of what it’s like to work with the company. Curious about what the interview will look like? Read on.
IHS Markit Interview Process
The first step in the IHS Markit interview process is submitting your resume for review. If there is a particular project or industry that you are interested in, be sure to highlight this on your resume; however, do not hesitate to apply even if you are unsure about which areas you want to focus on. They will review all resumes that are submitted and reach out to those candidates who look like a good fit for an initial chat over the phone or via video conference.
After this initial phone screening, they may invite you in for one or more interviews. Expect behavioral questions and situational questions based on what issues their clients might face. Preparing for these types of questions ahead of time can help ensure that you give the team thoughtful answers that demonstrate both your knowledge and problem-solving skills.
IHS Markit Salaries
The average IHS Markit salary (total annual pay) for consultants is ~$115,000. Of course this varies an incredible amount of region, role, and experience level.
For our full Consulting Salaries Report, click here.
Whether you are a recent graduate looking to land your first job in consulting, or an experienced professional seeking a change in industry or location, IHS Markit is an excellent place to work, particularly if you are inspired by the data gathering and analytics dimensions of consulting. The firm is committed to helping you rise to the top in your consulting career. Reach out the management consulted team to hone your resume, practice your interview, and set yourself for success.
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