A career in consulting is considered to be amazing for several reasons: vast international experience, exposure, knowledge of diverse industries, steep learning curve, working with some of the best and brightest minds in the world, and not to mention attractive salary and bonuses. But what are the best consulting firms to work in? Which consulting companies should you target after MBA? Read on to find out:
1. Bain & Company
Bain is the only one of the three US management consultancy giants (McKinsey, BCG, Bain) to have ranked on Fortune’s 100 Best Companies to Work For list for the second year in a row. Bain is heavily invested in the professional development of its employees. Their training, offsite opportunities, flexible working models, and policies ensure impressive career development. The company is focused on building a work culture where people can thrive and focuses on hiring those with a collaborative mindset for healthy work culture.
2. McKinsey & Company
The firm boasts of working with some of the biggest companies in the world. Its portfolio includes several government projects and private firms, giving its employees a wide range of exposure. It has produced famous personalities in business world like Sundar Pichai and Sheryl Sandberg They are also known for hiring candidates from any academic background instead of restricting themselves to a select few like engineering.
3. Boston Consulting Group
One of the premium management consultancy firms, BCG is known for a thriving and dynamic work culture, attractive perks such as 100% health coverage, fully paid sabbaticals, and much more. The company endeavors to forge strong partnerships with clients and its employees for better collaboration, problem-solving, and autonomy.
Good news: According to a report by Management Consulted, these Big Three management consulting firms aim to increase their salaries in 2022 by 10,000 USD.
4. The Bridgespan Group
Bridgespan is a nonprofit organization based in Boston that provides management consulting services to nonprofit organizations and philanthropists. Spun out of Bain & Company, the firm helps nonprofits to develop strategies for scaling impact and effectiveness. The company is known for healthy work culture, transforming the social sector, and hiring and training even those with no consulting experience or background.
5. Oliver Wyman
Oliver Wyman claims to offer industry and discipline-specific knowledge and expertise which offers great learning opportunities and professional growth for its employees. Unlike most of its competitors, the firm prides itself on grooming its Partners from within the company instead of external hiring.
6. PricewaterhouseCoopers (PwC)
For the past 13 years, PwC has been a constant in Fortune 100 Best Companies to Work For. PwC occupies a leading position in the professional service industry, employee satisfaction, development opportunities, and diverse training. It is renowned for its flexible work, employee benefits, parental leave, student loan paydown options, and career growth opportunities.
7. Deloitte
Deloitte promises robust learning opportunities for career development through training and mentoring. The company employees get to work with clients across diverse industries and geographies, gaining significant international and cross-functional exposure.
8. KPMG
The extensive network of KPMG, operating in 154 countries, enables its employees to build global acumen and a global network of accomplished professionals. It is one of the few companies to have featured in Fortune’s 100 Best Companies to Work For, Fortune’s Best Workplaces for Women, Diversity Inc, and Top 5 Best Companies for Multicultural Women.
9. Ernst & Young
Working at EY offers great exposure, impressive feedback and review mechanisms, and opportunities to learn and grow. The exposure to multiple companies and industries in a short period of time ensures that you emerge as a seasoned professional who has multiple exit options.
10. EY-Parthenon
The strategy consulting arm of EY, this company is one of the largest global strategy consultancies. By successfully harnessing the infrastructure and network of its parent organization, Parthenon assures a great learning experience alongside extremely talented professionals.
11. Accenture
Accenture has established a brand name globally, especially in the field of technology and operations. The variety of projects employees work on allows them to continuously challenge themselves with complex problem-solving. Further, reviews of the employees on all forums testify to a collaborative and healthy work culture that treats workers at all levels – entry, mid, and top – extremely well.
12. Booz Allen Hamilton
The company has developed expertise in everything ranging from cybersecurity to digital transformation. The consultancy of choice for current and former military members, the company maintains the highest standards for business ethics and corporate culture. Booz Allen also offers the flexibility to choose projects, significant opportunities for professional development, and great exit options.
