DELOITTE CONSULTING · 8, Interview with the case of the main firms. While McKinsey, Bain, or BCG are likely to provide the most powerful consulting resume increase, each of the major consulting firms has a combination of size and prestige that can take you to several places. McKinsey employees have excellent learning and networking opportunities. However, they tend to have an intense lifestyle, with lots of traveling, face-to-face engagements, and long hours as a result.
If you're interested in a career with a lot of travel, this might be a good place for you. McKinsey is widely regarded as one of the best options for developing a high-level professional career. Because of their competitive environment, there is sometimes a high turnover among young consultants. However, those who persevere are rewarded with great opportunities.
McKinsey is the definition of competitive. An academic culture focused on continuous improvement, intellectual rigor and fact-analysis skills are vital components of success, as is a positive attitude with an optimistic approach. Feedback is frequent and expected across the organization. Entrepreneurs who don't need concrete rules and that are strictly enforced tend to thrive at McKinsey.
Diversity at McKinsey is affected to some extent by the preference for candidates from target universities, such as Oxford, Harvard, Stanford or Yale. Many older candidates started at companies like Goldman Sachs or Procter & Gamble. Boston Consulting Group isn't known for its work-life balance. The middle ranks tend to struggle compared to young consultants and senior partners.
The hours are long and the culture can be demanding. This consulting firm has a bottom-up approach to customer and employee engagement, appealing to those who enjoy collaboration. The culture of this consulting firm focuses more on creative and innovative thinking than many of its main rivals. Post-merger integration, project management offices and transformation are areas of expertise.
While Boston Consulting Group has a harmonious and positive work environment, consultants have little to say in hours. Boston Consulting Group has several programs focused on diversity and inclusion, including diversity internships. It lists diversity as a core value and has established political agendas to promote women, minorities and veterans. The work-life balance is comparable to that of Boston Consulting Group or McKinsey.
Schedules, while flexible, can be long and trips are a weekly reality. The schedule and workload can be unpredictable depending on the needs of individual commitments. A deep-seated mentoring culture supports diversity across the organization. With five major affinity groups, Bain scored perfectly in the Human Rights Campaign for 12 years and was named “The Best Place to Work for LGBTQ Equality.”.
Accenture Strategy is its wing and focuses on high-level consulting. Approximately 95% of Fortune Global 100 companies use Accenture services. It has a strong presence in the United States, India and the Philippines. Work-life balance is a challenge for Accenture.
Flexible hours and remote work options are becoming increasingly popular, but they haven't yet become widespread in the culture. The opportunities vary greatly depending on individual projects. Overtime is considered optional, unlike many other firms, but the most successful consultants generally do it on a regular basis. Employees appreciate the incredible opportunities that Accenture offers to develop key skills, especially in areas with a lot of technology.
Accenture staff benefit from strengthening their brand, especially in Europe. Strong training programs and the fun social life of the company encourage hard work and long working hours, but it's “up or down” for consultants (“up or out” refers to the mentality that a consultant needs to reach a certain level in the company at a certain point or could be fired). Promotions are sometimes influenced by politics, so networking is essential. Career progression is linear, with a focus on the development of young talent.
Many former employees report great exit opportunities and limited internal growth, leading to higher staff turnover. The typical progression can encompass 8 to 9 roles. With many exciting global perspectives, Oliver Wyman continues to grow. Work-life balance may be affected as a result of the consultant's success.
Your focus on financial services can make for an intense work environment. More than 90% of employees surveyed on Glassdoor would recommend Oliver Wyman to their friends; 98% approve of the CEO. Consultants praise the “intelligent”, realistic and “genuine” workforce, leading to an atmosphere of collaboration and support. Oliver Wyman is considered to have a fun and collegial atmosphere in the lower categories, helping new staff adapt quickly to strenuous responsibilities from the start.
However, consultants must work hard to get noticed. Employees praise Oliver Wyman's diversity policies. A global staffing model allows for geographical flexibility and great exposure to other cultures that are not emphasized elsewhere. Oliver Wyman focuses growth on a performance-based model that largely evaluates past experience and current performance compared to the time spent in a given position.
Mentoring and leadership functions in the workflow are available as soon as two years after graduation. An advanced degree is not required and the consultant lacks the typical “up or down” pressure. Work-life balance is relatively strong at Booz Allen Hamilton. Because of the focus on federal consulting, consultants don't have to travel as much as they do at other consulting firms.
However, other factors, such as deadlines, billable hour targets, and demanding customers, are similar to those of the competition. Employee satisfaction with Booz Allen Hamilton has varied over the years due to major strategic movements and managerial level decisions. About 75% of Glassdoor respondents recommend it, but some have complained that consultants' salaries are becoming less competitive and salaries are lower at initial levels. Booz Allen Hamilton demonstrates a commitment to inclusion comparable to that of market leaders.
This includes inclusive and non-traditional hiring, as well as the benefits provided to domestic partners and adoptive parents, frequent reporting on diversity, achievement and affinity groups. Deloitte's professional development includes a set of six industry standard functions, with a dedication of 2 to 3 years per level. The lowest levels at Deloitte tend to have a very low turnover relative to the industry average. Founded in 1983, LEK was founded by three Bain partners.
It is known for its leadership in the life sciences and health. Its headquarters are in Boston and London, and it employs 1,200 consultants around the world. Cases can be understaffed, resulting in additional hours and heavy workloads. Long hours are common at this consulting firm, but management has become proactive in discouraging weekend work.
Many former employees cite the 60-hour workweek as a key stress factor for morale. Founded in 1957, Roland Berger has 50 offices in 36 countries with 2,400 consultants. Its practice of private capital has made it a key player in the development of European and Asian markets, particularly in China. Roland Berger has been characterized as a top-level “level 2” firm.
This consulting firm's strong business led to multiple takeover initiatives by the Big Four (the last time it rejected an offer from EY in 2011). She is known for her strategy, corporate development and corporate finance consulting in areas such as automotive, capital goods and energy. Of the employees surveyed online, 81% rated Roland Berger as a “great consulting company to work for”; 86% said they would recommend it to a friend; 89% were proud to include it in their resume. Good benefits and salaries are praised as important factors in maintaining morale.
Kearney is a leading global management consultancy with more than 4,200 people working in more than 40 countries. We work with more than three-quarters of Fortune Global 500 companies, as well as with the most influential government and non-profit organizations. Bain & Company is a global management consultancy with headquarters in Boston, Massachusetts, and 63 offices in 38 countries around the world. Founded in 1973, Bain is one of the “big three management consulting firms” (together with McKinsey & Co.
The firm has a workforce of more than 14,000 professionals who provide guidance to public, private and non-profit organizations of all sizes. ADL is also an innovator in business strategy and operations research, something that it has refined during its more than 130 years of history. The firm has 40 offices around the world and more than 1500 experts and professionals; in addition, Forbes regularly recognizes it as one of the best management consulting firms in the United States, among other awards. CSG works collaboratively with its clients to deliver results.
Its clients include more than 200 government organizations in 47 states and territories, USA. UU. Department of Health and Human Services, USA. Department of Labor and large municipal governments.
The functioning of the CSG business is characterized by The CSG Way, an environment that emphasizes teamwork, communication and consistent high-quality work. Over the years, CSG has attracted many of the most respected senior experts in the government programs it serves. As an independent member of Crowe Global, one of the world's largest global accounting networks, Crowe serves clients around the world. The network is made up of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.
Crowe has a workforce of more than 4,400 professionals and experts, and has been recognized on the Fortune list of the 100 best companies to work for. Technology and management consulting firm Kenway specializes in delivering technological solutions, leading business programs and information knowledge. Founded in June 2004 based on the fundamental principles of being good and sincere, the firm has a determined vision of transforming businesses by doing the right thing, with a critical and stated focus on helping companies achieve their objectives by enabling and improving processes and technology. Stax was founded in Boston in 1994 and currently has more than 180 professionals in offices in Boston, Chicago, New York and Colombo, Sri Lanka.
He is proud to have established relationships that span more than two decades or more with public and private corporations, private equity firms, their portfolio trading groups and holding companies. Around 25% of their work comes from clients in Europe and Asia and 40% has a significant international component. The global consulting firm Huron Consulting is committed to delivering sustainable and lasting results to its clients, providing extensive experience in advisory services that encompass technology, strategy, operations and analysis to drive results in sectors such as higher education, health, commerce and life sciences. The firm also provides guidance and support to organizations as they go through the changes that are transforming their industries and businesses.
Huron, which was founded in Chicago, Illinois, 20 years ago, has just under 4,000 employees at 25 locations in North America, Europe and Asia-Pacific. Huron Consulting specializes in helping its client organizations navigate change and economic pressures in diverse dynamic environments. Since its founding, just after the turn of the century, it has provided guidance to more than 450 health systems, hospitals and academic medical centers, as well as to approximately 400 colleges, universities and research institutions and to more than 125 life science organizations. Huron's customer base also includes hundreds of Fortune 500 companies, as well as small and medium-sized businesses.
With Huron's consultation, clients have been able to improve performance, resolve disputes, take advantage of technology, comply with complex regulations, recover from difficulties and stimulate rapid growth. McKinsey & Company is a privately-owned management consultancy committed to accelerating sustainable and inclusive growth. Roundly regarded as the most prestigious company of its kind, it has achieved an almost universal level of renown for. With 22,000 employees in more than 90 offices in more than 50 countries and regions, Boston Consulting Group is one of the largest private companies in the United States, according to Forbes.
The firm partners with leaders from business and society to help. Bain & Company is a global consulting firm that helps the world's most ambitious agents of change define the future. In 64 cities in 39 countries, the firm works together with clients as a single team with the shared ambition to achieve extraordinary achievements. Deloitte Consulting LLP is the consulting division of Deloitte, the world's largest professional services organization.
Deloitte provides auditing and assurance, consulting, tax, and financial and risk advice services to many of the world's largest companies. EY-Parthenon is a strategic consulting team with more than 9,000 professionals in more than 120 offices around the world. EY-Parthenon professionals advise senior management, business and organizational leaders in multiple sectors, including consumer and advanced sectors. Bates White Economic Consulting is a private consulting firm specializing in advanced economic, financial and econometric analysis for law firms, corporations and government agencies.
For more than a century, Booz Allen Hamilton has been a leading management consulting firm serving military, government and business organizations around the world. But how do you know which consulting firms would be the best for your career path? Well, we have compiled a list of the top management consulting firms for you. Kearney consistently ranks high on a variety of lists for both the consulting industry and the business world in general. Pursuing Grant Thornton's purpose of making businesses more personal and building trust in every outcome, Grant Thornton consultants focus on relationships, quality and comprehensive service.
Advancy is a strategic consulting firm dedicated exclusively to consulting, whose small and agile consulting project teams offer detailed information about the industry to large global clients, thanks to the fact that the company focuses only on three sectors of the economy: consumer goods, life sciences and chemicals. This consulting firm is located in New York City and has an extensive network of business connections in Europe and the Asia-Pacific region. Based in Boston, Massachusetts, Charles River Associates (CRA) is a global consulting firm specializing in management consulting and economic litigation. The Vault Consulting 50 ranking is based on a weighted formula that combines the prestige rating of each company with its scores on several key employment factors to draw up a general list of the best consulting firms to work for.
Putnam consultants have similar professional and educational backgrounds to those of strategic consulting firms. We also asked consultants to evaluate the prestige of counterpart firms and to select the strongest firms in more than a dozen specific practice areas; for the prestigious rankings and practice areas, the consultants were unable to rate or vote for their own firms. Its portfolio of engineering services is among the strongest of any consulting firm, and it is also known for its lines of business in the public and non-profit sectors. .