Tier 3 are the Big4 (KPMG, PWC, EY, Deloitte) and other consulting companies such as Capgemini, etc.. Tier 2 consulting firms include Deloitte, Strategy%26 (PwC), LEK, Oliver Wyman, EY-Parthenon, Accenture, AT Kearney, and Roland Berger. While these companies are well-known and prestigious, their reputation is one step below the top three management consulting firms McKinsey, Bain and BCG. The Boston Consulting Group is the second largest consulting firm in terms of turnover and is consistently at the top of our top consulting firms.

The company’s diverse, global teams bring in-depth industry and functional knowledge to companies and help them grow, build sustainable competitive advantages, and achieve positive social impact. The company purposefully strives to achieve lasting effects for its employees, customers and society. Third, you have the next level of consulting firms known as tier 2 companies. This area includes large to medium-sized consulting companies such as — Accenture, Roland Berger, LEK Consulting and Oliver Wyman.

Oliver Wyman is a company that is currently in a hurry and is rapidly increasing the number of employees through hires and acquisitions to cope with the flood of work. KPMG consultants are known to support each other, and the company places great value on feedback from supervisors. Such companies are comparatively smaller than the above, but they do the same job as any consulting firm. Booz Allen Hamilton provides management and technology consulting, with a focus on technology and services for the USA.

Strategy%26 consultants usually work a little less than MBB consultants and have a slightly better work-life balance. Today, Oliver Wyman is a subsidiary of Marsh %26 McLennan, a professional services firm with divisions in insurance brokerage, risk management, reinsurance and investment advice. If you’re a budding consultant, don’t stop at the top 3 consulting firms (MBB) — there are many aspects to consider when looking for the right consulting firm for you. Founded in 2002 by consulting alumni from companies such as Accenture and Deloitte, the company is particularly proud to help customers overcome the challenges — and costs — of procurement and procurement.

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This list was compiled by Vault based on surveys of career counselors, which rate the prestige of the consulting firms they know on a scale of 1 to 10. When the phrase “top consulting firm” is heard, almost everyone imagines McKinsey, BCG, and Bain — the “big three consulting firms with the highest prestige.”. This, paired with in-depth industry knowledge across a wide range of customers and skills, creates a wealth of “big company” like opportunities in a relatively medium-sized company that can offer employees a more personalized experience than some of its larger competitors. ZS is a services company that works side by side with companies to develop and deliver products that drive customer value and business results while helping solve complex global challenges in the pharmaceutical and medical device industries. Now that we have a framework for how the consulting industry itself is made up, it’s worth thinking about the trends within the industry itself.

IBM’s services and advice range from AI and automation to big data, network and cloud services, and more. Since implementation projects are fairly lengthy, it makes sense if, for example, an Accenture does a good job and employs a few consultants who can identify strategic opportunities for the pitch.