The Boston Consulting Group, Bain & Company and McKinsey & Company are in the view of roughly 3,000 consultants the best management consulting firms to work for. The list of top 30 employers in the industry includes several other big names, such as the Big Four, and functional and industry specialists.
In a recent survey*, approximately 3,000 consultants were asked to rate their employers, or the consultancy firm they recently left, on five key parameters: Work, Culture, Money, Leadership, and Prestige. Consultants had the possibility to fill in the questionnaire confidentially, and based on their views and an algorithm (different weightings were given to the factors) consulting firms were subsequently ranked. The 30 management consultancies with the highest overall score made the ‘Top Consulting Firms 2015’ ranking.
An overview of the best consulting firms to work for:
The top position is held by The Boston Consulting Group, the result of exceptionally high scores in the area of leadership and prestige. BCG’s #1 position does not come as a complete surprise – recently another survey held among 10,000 consultants also named the company the top employer within the consulting industry. Strategy consultancy rivals Bain & Company and McKinsey & Company follow in second and third place, similarly to BCG’s case driven by high scores in prestige and the quality of leadership. Other well-known strategy & operations specialists in the top 10 include A.T. Kearney, Strategy& (the former Booz & Company) and Oliver Wyman, with counterparts Roland Berger, L.E.K. Consulting and Arthur D. Little in 16th, 25th and 29th spot respectively.
EY is with a 14th spot the highest ranked of the Big Four, followed by PwC (#17), KPMG (#19) and Deloitte (#20). From a functional perspective, Towers Watson is according to the surveyed advisors the best consultancy to work for in the Human Resources space, followed by Mercer, Aon Hewitt and Hay Group. In the tech landscape Accenture and Capgemini are the preferred employers, although both firms are active across the entire consulting landscape, with Accenture for instance active in strategy & operations through its ‘Accenture Strategy’ unit, and Capgemini Consulting serving as Capgemini’s management consultancy unit. The top 30 also houses industry specialists – Capco (financial services) and The Advisory Board Company (healthcare; education) – a number of firms active mainly in the financial advisory segment (e.g. Alvarez & Marsal, AlixPartners).
See the section Rankings & Awards for an overview of all global and local rankings.
* The survey was conducted by Ivy Exec, a career network based in the United States.