Most prestigious consulting firms reddit Mar 1, 2023 · From all these firms, I'd argue that PwC Management Consulting might be the strongest - there's enough differentiation from the work they do here compared to Strategy& , while EY Business Consulting is easily overshadowed by EY-Parthenon because of the similarity of certain projects. At entry level, pay is somewhat similar (very rough estimate: ~$90K for consulting vs ~$110 for IB). If you are at a target program (school + degree where a consulting firm focuses it's recruiting efforts), join your consulting club and work with your career center. Other analysts such as Gartner measure based on the reported consulting revenues of a firm. . I have two years of consulting experience and was looking for a new firm this spring. My interest stemmed from the consulting firms advising their clients on "skills-based hiring," better understanding whether or not pedigree/university have any influence on their own hiring, rather than putting Big 4 against MBB in MBB is old news, we’re riding that D through FY 25. We’ve worked on a lot of high profile restructurings over the years, most noticeable: Lehman, HealthSouth, and recently, FTD, Credit Suisse, and some more I might’ve missed Reply reply NewsLuver • Prestigious* Reply reply Jun 18, 2024 · Vault just released the 2025 Vault 100, its signature list of the most prestigious law firms, as well as its 2025 practice area and regional prestige rankings. Let’s get started! Feb 14, 2025 · Think of the Vault Consulting 50 as the gold standard for evaluating where consulting firms excel – and how they compare to their peer firms. If the project works, 'look what I was able to do for the company using big consulting firm x (even if most others could have produced better, more sustainable results). For most, consulting is a means to an end - it gives you the experience needed to move into a role you want in the future without deep technical expertise. The most common entry points into major consulting firms (especially MBB) are through target program undergrad and MBA recruiting. Consulting Groups: IMO, a legit consulting club is great for learning more about business and padding your resume with projects. Entering one of these channels will provide the greatest chance of Hi everyone! Which in your opinion are the best 3-5 T2 consulting firms to work for after M7/T10/T15 MBA? A&M is a pretty niche firm. However there are a few good ones from specialist consulting firms because these firms are able to hire experts in a specific area (simply because they are specialized and can do so). Find out what people are asking. Regardless, I'm sure there is a popularity scale that each big engineering firm falls on. Tier 1: EYP, Accenture Strategy, Strategy&, Kearney. When I bring this up with consultants they tell me that I haven’t thought about the problem stantement enough and consulting is all about solving problems. These aren’t really “prestigious” but they’re the most recognizable. In this article, we will provide you lists of the top management consulting firms in the world by region and by global practice. AG does very well at Sloan but has little presence at HBS. OP, sorry people aren't taking your question seriously. To add to the other answer saying it's the same B4 firms, even though they are the same companies, B4 doesn't dominate actuarial like it does accounting. It seems like the consulting industry has a bit of a Probably green dot. In the true consulting spirit, I present to you Vault’s rankings of the most prestigious consulting firms in the North America in 2023. Jun 2, 2025 · The MBB firms - McKinsey, BCG, and Bain - are the most prestigious and sought after consulting firms. In the industry, you get to spend a ton on it being with your family and friends and on things that make you happy. For BB: GS = McKinsey (most prestigious, tends to win most cross offers) JPM = BCG (very strong firm. ' If it fails, we tried but not even the cutting edge consultants at big consulting firm X could get adequate results, therefore it can't be done with what we have right now. As someone whose only knowledge on consulting firms is this subreddit, I'll give it a shot: MBB Tier: McKinsey, BCG, Bain. 11 votes, 34 comments. This includes Arup, TT, MKA, Desimone, WPM, and a few others. Oct 15, 2021 · Aussies confused about what consulting firms' work involves have taken to Reddit to get some answers. I got bored after work today and gathered and analyzed a bunch of publicly available population estimates. There’s What are the most prestigious/best technology consulting firms in Belgium? Just an open topic, curious to see opinions on what the best consulting companies are, but not the accounting/management ones, rather the ones providing technological expertise. Great rep. The online survey asked attorneys to score each of the law firms on a scale of 1 to 10 based on how prestigious it is to work for the firm. They are in the top of their industry and are the best firms to work for. The company has more than 10,000 professionals providing advisory services to clients. I’ve worked with on mandates with state governments, PE funds, top tech firms etc but honestly it seemed like work a high school student would’ve been able to do better. IB has better pay and prestige especially higher up. The closest thing is probably structural firms who do famous architectural work. 25 votes, 14 comments. The big heavyweights that all the top students Harvard and Yale go to are places like Dentons, DLA Piper, and Baker McKenzie, which round out the top 3 in the Acritas list. So they probably want to try consulting when they have the chance and if they dont like it they go for an industry job with a bit of "prestigious" consulting exp. McKinsey, Bain, and BCG (the Big Three or MBB) are by far the most prestigious consulting firms – as surveyed by Vault in 2023. Extremely selective as well, as in, they accept like 10 kids a semester out of 300-500 applications. is done by CSs hence it was easy to switch from audit to corp law at a top CS firm which specialises in M&A. Jul 14, 2025 · My InsiderThey're the leaders of what are widely considered the most prestigious strategy consulting firms: McKinsey & Company, Bain & Company, and Boston Consulting Group, which are collectively The three consulting clubs known for being the most prestigious and selective are BC, TBG, and NIB because they are the 3 oldest consulting clubs on campus. 258K subscribers in the consulting community. For everyone else, read wiki. Mar 3, 2025 · The 2025 Top Consulting Firms Ranking is your definitive guide to the world's top consultancies. Clout chasers and assholes, look no further. MBB are obviously the three most prestigious firms, but after that the list becomes a lot less clear. After four years at the top, Bain has moved to No. Generally, the foundation of their offerings is strategy consulting, but these firms offer surprisingly broad services. With so many people always coming and going is it actually even that “prestigious” to work at any of those firms? Feb 19, 2025 · Think of the Vault Consulting 50 as the gold standard for evaluating where consulting firms excel – and how they compare to their peer firms. In consulting it's prestigious too, but big tech definitely beats it. Learn which firm is right for you from detailed descriptions including work-life balance, prestige, and more. On a serious note, the Acritas global elite law firm index captures the most prestigious firms in the world. May 6, 2023 · We put together a list of the best civil engineering firms to work for based on a variety of factors including pay, opportunity and location. See full list on igotanoffer. The second is by another user and has some valuable thoughts as well. IB also is more finance Sep 13, 2024 · Consulting firms are segmented into different tiers. Quant industry thankfully isn’t like Consulting (McKinsey, BCG, Bain) or IB (Goldman Sachs, Morgan Stanley). I believe in US, RSM is the 5th largest firm behind big4. It's that time of year. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting… Recent Prestige Ranking Hello all, I know many of us are looking at applying to the most prestigious firms we can get into. 2, while Mar 15, 2022 · The Firsthand (Vault) most prestigious consulting firms ranking Mid-Tier Firms Mid-tier firms also provide strategy consulting work to large corporates. Explore the full list and discover the trends shaping the industry. It is the same on Reddit for bulge bracket investment banks, FAANG and the top private equity firms. This year’s awardees comprise some of the most trusted and influential professional services firms in the world. I recently helped my friend prep for an interview at one of the most prestigious consulting firms in the world. Walk through a breakdown of the top 10 consulting firms with the highest first-year consultant salaries featuring updated 2023 compensation figures. That ranking is included below and provides an alternative view to Vault. Within MBB firms, McKinsey is the most prestigious and well-known, both inside and outside the industry. because going into consulting from an MBA is relatively easy compared to lateralling from industry. See who made the list. The Big 4 all provide consulting services, but they are better known for accounting. However, these firms are generally considered among the most prestigious and highly respected consulting firms in the industry, and have a long history of providing high-quality consulting services to clients worldwide. Im going into third year of commerce + science double degree and have been interest in consulting as a career option for past year or so. Also depends on the region you are in. associates fielded in the first quarter of 2024. Some brag about being able to book first class on short flights, others brag about staying at the Ritz or the expensive restaurant they were at the night before (not wise as they wouldn’t make those statements to the buyer of their services). Berkeley Consulting is arguably the most prestigious on campus, they work directly with fortune 100 companies and have the most "clout" (for lack of a better term). This year, more than 20,000 associates rated the reputations of firms other than their own. Disadvantage relative to MBB or MF PE. Those who move to other firms aren’t looking for “prestige”, they’re looking for what others have said, WLB, Comp, Opps. The rankings are based on a survey of over 20,000 U. Think about McK: they say they are a “generalist” firm yet also claim to offer the cutting edge of very specific topic areas. “Prestige” is not something most Quants rate because they don’t go around gloating to others in their industry about where they work. May 25, 2022 · The Consulting Report is pleased to announce The Top 50 Consulting Firms of 2022. etc. All of the discussed clubs are fairly well known. With a personalized, data-driven approach, AcceptU helps students navigate the college admissions process with confidence and clarity. – even though the Big 4 and their strategy consulting arms take up 5 slots in the top 15, they are considerably behind the “Big 3”. It's worth noting that the ranking of these firms may vary depending on the source and criteria used to evaluate them. Here are two posts about how to find a college consultant, and what to avoid. The first I wrote a couple years ago - I've updated it a few times. Most of the places I've interviewed have been consulting firms (I would say fairly high tier) and I've had pretty positive experiences. Something to consider that get overlooked frequently is the learning and skills gained by working in ops type consulting. 1 Best Consulting Firm to Work For in North America. The issue is that rather than being normal, they did the whole STAR thing taken to an extreme looking for very niche answers. Jan 27, 2023 · From feedback of professionals and clients, we've ranked Deloitte, EY, PwC and KPMG according to which is the most prestigious Big 4 company. have worked with tobacco companies, Saudi Arabia, gun manufacturers, polluters and so on? In my role as a PM-T at AWS, McKinsey, BCG, and Bain aren't viewed as the most prestigious or have the biggest name. It might not be the top firm on the list! In this article, we’ll discuss: What makes a consulting firm rank high The 10 top consulting firms, a tiered list Consistency in the list of top consulting firms over time Do you want to work for a top consulting firm? An alternative perspective. Vault score is not a reliable gauge of prestige (the very most prestigious firms on the list are scattered around the top 50) and describes itself not as a prestige barometer but as a list of "best places to work" This is a list of 12 of the top consulting firms. The second largest of the prestigious “MBB” (McKinsey, The BCG, or Bain & Company), Boston Consulting Group is one of the most selective of the Top 3 consulting firms, just behind McKinsey, using a rigorous and challenging hiring process. A community for consultants across industries. Most of my peers who did economic consulting ended up leaving within the first year and a half and now work in Data Analytics at an Uber/Dropbox/etc I think the bigger Analytics teams with ex-consultants at tech companies understand the data-intensive nature of economic consulting vs a typical management/strategy consultant. Aug 27, 2025 · Here are the best management consulting companies in the world for both large and small businesses. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. For law firms, it's the Skadden Arps, Cravaths, Magic Circles. I get that it's traditionally the most 'prestigious' consulting firm, and their typical inclination to secrecy makes it a target (rightfully so in the modern age), but how many other banks, law firms, investment firms, accounting firms etc. Similarly, product management & product marketing roles at non-FAANG tech companies or non-unicorn startups can yield competitive Just the name and the fact that people like competition. And these firms have digital consulting and tech implementation arms where they partner with AWS, GCP, VMware, etc. Which Big 4 accounting firms are the most prestigious? Browse Vault's accounting firm rankings to see which of the top accounting firms make the cut. It's highly prestigious for accountants (since big 4 is connected with basically every F500 company). Which companies are the most sought out by clients, their first choice? Which companies have the highest It's the best legal degree in India and all top tier corp law work such as M&A, IPO, FPO, audit, consulting etc. ) UBS and DB are probably the weakest. Having ops skills via consulting sets you up well for that. Is consulting truly pointless? It seems most people here are convinced that consulting is a meaningless business that provides no value to society. ) Some 40% of CMC students are economics and accounting majors (compared to 8-20% at most other non-specialized top LACs and Ivies); on top of that it's consistently ranked a top 10 SLAC nationally and is perceived to be prestigious to top employers. Even though my personal experience may bias me, it is very notorious that McK has been struggling to win projects in corporate strategy, due diligence, transformations, and so on. However with last years PwC bombshell, and also just reading a lot of people complaining in r/AusFinance about consultants overcharging, being too junior/unexperienced and leaving behind half-baked work. These firms have largely diversified their services over time and now work in Vault Law 100 Vault’s national ranking of the most prestigious law firms based on the assessments of lawyers at peer firms. These 11 consulting firms are the most prestigious management consulting firms. Reply reply [deleted] • Reply reply more replyMore repliesMore repliesMore replies TheTwoOneFive • Here are two posts about how to find a college consultant, and what to avoid. Although they cannot compete head-to-head with MBB firms for most work, they generally have a few niches where they are strong. This also means that these 3 consulting clubs have the largest alumni network, institutional knowledge, and general clout and brand awareness. What do you consider the most prestigious firms and why? Ie reasons like innovative, cool/big/famous projects, highest pay… The world’s most prestigious consulting firms have frozen US starting salaries for new graduates, as a war for talent that sent pay soaring after the pandemic gives way to tougher competition for jobs. Most kids think they will move from MBB to leadership positions in industry (and many do). We’re mainly known for restructuring (in that space, we’re basically the top firm). Together those should be helpful as you go looking. I'm in my final year of university (1 semester left) and received an offer from a top 100 firm, as an undergraduate… We would like to show you a description here but the site won’t allow us. S. There are plenty of consulting firms with good WLB. Overall, MBB and the Big Four continue to hold leading positions in the management consulting industry. 64K subscribers in the Big4 community. I'll comment to get the ball rolling. Mar 4, 2024 · Listed as the fifth best consulting firm to work for, according to Vault, Oliver Wyman is also among the top 10 for both financial and management consulting, as well as the eighth most prestigious consulting firm. Consulting has good pay and is very prestigious in its own right. For consulting, they probably have the most mature methodologies of the four and best brand recognition. It's more of an acute issue with generalist consulting because you get students from all over who don't really know what they want to do for a living. Mar 18, 2025 · Forbes ranks this year's best management consulting firms, highlighting the top firms in the country and why they made the list. Berkeley Consulting (BC): Oldest consulting club on the block and no specific type of client. For example, if you look at the top three most prestigious consulting firms (McKinsey, Bain, BCG), you'll see that all three hold recruiting events at Pomona or another 5C. Is this true? Perhaps only in some circumstances? If so, what ones? The world’s most prestigious consulting firms have frozen US starting salaries for new graduates, as a war for talent that sent pay soaring after the pandemic gives way to tougher competition for jobs. Feb 12, 2025 · We here at Vault are pleased to announce our 2025 Consulting Rankings, including our new Vault Consulting North America 50, Vault Consulting EMEA 25, and Vault Top Consulting Asia-Pacific! A new firm has taken the top slot for the year: Boston Consulting Group (or BCG) is our No. Tax pays better but kind of pigeon holes you. It can be a scammy industry. Tier 2: Deloitte, LEK, Idk I think broadly referring to any of the Big4 as "prestigious" is probably inaccurate as several have pointed out that it doesn't require a top level resume to work in Big4. These get their designation from being the four largest global accounting firms. You can find happiness in smaller firms but people seem to not even want the jobs, no wonder so many on here think the job market is difficult. In consulting, you are spending all of it for the firm. At the top, a GS senior MD will probably be at the $3-5 million range from what I read while an MBB senior partner will be closer to $1-3 million. Vault's 2026 Rankings are derived from Vault's Annual Associate Survey conducted from January 28 to March 21, 2025. Each firm also seems to have a school it places well at. Considering the market, and those deciding whether to stay in industry, this information can be extremely helpful to some. Many of us will be having (or have had) year-end reviews and salary discussions. This article will provide you with the latest ranking of the most prestigious consulting firms across key regions, including North America (NA), Europe, the Middle East, Africa (EMEA), and Asia-Pacific (APAC). For example, post-MBA T2/T3 consulting positions at firms like LEK, Deloitte, or even Accenture can offer salaries upwards of $150k-$160k a year on base alone (above $200k on total compensation) providing a comfortable lifestyle by any objective measure. You can always move to industry after consulting without much difficulty anyway. The quantitative data supports it! Reply reply Johnykbr • Learn about the Vault Consulting 50, one of Vault's consulting rankings that lists the top consulting firms in North America. Advantage relative to T3 consulting. 17 votes, 60 comments. Associates were asked to ignore any firm with which they were unfamiliar and were not allowed to rate their own firms. You’ve got the mega firms, like AECOM, Jacobs, WSP, and Tetra Tech. What might a case you would do involve in terms of research/analysis? Are you thinking about a PhD? Is most of what you do expert witness stuff? Jan 25, 2019 · What do consultants do? Tax and auditing are closely related, but consulting is a different ballgame. Archived post. Here’s a list of what I would consider prestigious firms to work for due to them tackling the more high profile projects: (I’m a structural engineer, so a lot of these firms are known to be some of the best firms for structures. There is no firm or group of firms that is considered "most prestigious" or must-haves on your resume. Gartner Revenue Ranking Major firms not participating in Vault (such as EY of the Big4 or Promontory in the regulatory MC space) are not included in Vault's analysis. I'm going to be working full-time at one of the "strong mid-tier" management consulting firms (think Deloitte, Oliver Wyman, or Strategy&) and have already seen a lot of comments/articles about how these firms don't have the same brand recognition. Excel, ppt, word are the building blocks of the business world. The ranking is produced by Vault, an intelligence collection platform that features employee reviews, rankings, and in-depth company profiles in areas like banking, consulting, law, accounting, and Consultants across North America rank the consulting agencies they consider to be the best and most prestigious consulting firms to work for. I just joined a consulting firm and my first client is still building data pipelines on-prem using legacy SAP HANA software and they have no version control, automated testing, or CI/CD process. Consultants across North America rank the consulting agencies they consider to be the best and most prestigious consulting firms to work for. I know there are no obvious answers to this question, but what companies generally have the most prestigious corporate strategy roles? Other industries (consulting, IB, PE) seem to have clear-cut tiers of the best roles and companies, but in corporate strategy, I just hear vague references to the 228 votes, 121 comments. Did your firm make the top 10? Learn about each firm and if it may be a fit for you! This is a list of 12 of the top consulting firms. Meanwhile, the Big Four is referred to as the four largest accounting firms by revenue - Deloitte, EY, KPMB, and PwC - which also have a substantial presence in the consulting industry. Jan 29, 2025 · McKinsey, Bain, and BCG, referred to as MBB or the Big Three, are the most prestigious strategy consultancies in the world. Serious question: why is BCG always ranked so far below Bain and McKinsey on those Vault/Glassdoor/etc rankings? Oct 8, 2025 · The top 3 consulting firms - McKinsey, Bain, and BCG - are the most prestigious consulting firms on the planet. I have witnessed really odd behavior with a top tier management consulting firm’s employees. I personally turned down an offer from Accenture because of their reputation for pigeonholing people at lower levels, the complete lack of interaction with the leadership team, and the lack of women in management positions. There are the MBB strategy firms (McKinsey, Bain, and BCG), considered the most prestigious consulting firms. They don't pay as much **annually** as the supposedly prestigious firms that MBAs typically chase, yet the hourly pay is much higher. I'm not someone that cares a tremendous amount of prestige on a personal level but just wanted to get a more informed perspective of how people at Learn about the Vault Consulting 50, one of Vault's consulting rankings that lists the top consulting firms in North America. For each of the following 7 firms in the United States. In addition, there are the Big Four firms (Deloitte, EY, PwC, and KPMG). They wanted to hire me into a very specific practice which would have been a pretty Excellent firm. Jan 27, 2023 · Find out which Big 4 firm you should choose based on factors such as workplace work culture, career growth, and potential salary. Overall, MBB dominated these lists. I'm thinking about exiting into corporate strategy / development from MBB as a pre-MBA associate. Pomona gets you far through more 'formal' channels as well. com For example, there are many investment banks out there, but GS is considered to be most prestigious and MS and JPM right behind. Although there are differences between each Jul 15, 2025 · See our list of top healthcare consulting firms. McKinsey is no longer the go-to firm for the most high-level engagements – I’ve been heavily involved in business development in one of the two Bs in several regions. The more people you lay off the better consulting firm you are. So if you want to pursue a career in consulting, then be sure to check-out our list of the most prestigious consulting firms in the world. The 2025 Vault Guide to the Top 50 Consulting Firms is the definitive guide to the best consulting firms to work for in North America, from the biggest names like McKinsey, Bain, and BCG to boutique specialists in fields as diverse as economics, healthcare consulting, and technology. I don't think that's true, but maybe they were talking from a pay-scale perspective. If anyone cares to comment on what they think the prestige ranking should be would be great. This is the result of their early and continuing success in maintaining extremely high standards in recruitment and project deliverables. The ranking is produced by Vault, an intelligence collection platform that features employee reviews, rankings, and in-depth company profiles in areas like banking, consulting, law, accounting, and What are everyone's thoughts on going into consulting straight out of college? I'm considering going into consulting when I graduate here in December. AcceptU is a top-tier admissions consulting firm staffed by former admissions officers from Ivy League and other elite universities. The biggest most prestigious firms even have specific programs to recruit MDs into their practice and they are hurting for people because no one knows about it. Audit is lowest paying, but is a solid/stable path to a good career. I read somewhere that unlike management consulting firms, there is no such thing as prestigious engineering firm. I was as detailed as I could be re: different types of firms and red flags to look out for. But are MBB firms really the best? The consulting industry's three most prestigious firms - McKinsey & Company, Boston Consulting Group, and Bain & Company - are generally called MBB or the Big Three. They help provide corporations, governments, and other types of organizations with analytics, insights, and counsel on a wide variety of matters. Can you give a breakdown of the different economic consulting firms? Eg what are your thoughts on analysis v nera v compass lex etc. New comments cannot be posted and votes cannot be cast. Consulting is highest paying and probably most interesting, depending on the specific type. Entering one of these channels will provide the greatest chance of Hi everyone! Which in your opinion are the best 3-5 T2 consulting firms to work for after M7/T10/T15 MBA? If you are at a target program (school + degree where a consulting firm focuses it's recruiting efforts), join your consulting club and work with your career center. But a key to successfully running a business is being a solid operator. Lacks GS in prestige, but actually leads GS in many fixed income spots) MS = Bain (strong, but more different than jp or gs… best M&A team by far, similar to how Bain is best at PE. We would like to show you a description here but the site won’t allow us. Also I think the big 4 are having to break up their consulting and audit businesses into separate entities and my understanding is that Consulting is generally more profitable than audit, and that the audit partners might have their profit share and therefore compensation drastically reduced. They look to improve operations, IT strategy, and digital transformation. Similar to programmers who aspire to work for Google or Facebook even though there are many other firms doing interesting work with good pay. By and large, top econ consulting firms place well at M7 but not too well at HSW. by global revenue, BDO is the largest. A firm that operates in a similar way: Deloitte Consulting is the fourth most prestigious consulting firm to work for. Isn't that a very reductive way of ranking firms? There are so many different factors to consider that just choosing between X vs Y makes it practically impossible. slszr lbpgib hipqq gvetpc igrsvc nmxgeg wyoik nlnqq abn szpisvlth zttlh mggz dmhq cgtmrm pxyem