Vault Guide names Top 50 Management and Strategy Consulting Firms

by Editor 8/25/2008 4:30:00 PM
IT consulting jobs,consultant careers
Career website has released the new Vault Guide to the Top 50 Management and Strategy Consulting Firms. Consulting giant McKinsey & Company has taken the top spot for the eighth consecutive year.

The Guide is the result of the career site’s yearly Strategy Consulting Survey, which was conducted from February to April this year and included more than 4,000 consultants.

The consultants rated firms on a scale of 1 to 10 based on the firms’ prestige in the consulting sector.

Here are the top 10 consulting firms according to the Vault Guide:

1. McKinsey & Company

2. The Boston Consulting Group

3. Bain & Company

4. Booz & Company

5. Monitor Group

6. Mercer LLC

7. Deloitte

8. Oliver Wyman

9. PricewaterhouseCoopers LLP

10. L.E.K. Consulting

Three Big Four firms – PricewaterhouseCoopers (ranked #9), Ernst & Young (#11) and KPMG (#16) were reintroduced to the Guide. The firms had separated their consulting divisions from their accounting and audit arms at the turn of the century and, since the non-compete agreements between the firms and their spin-off consulting divisions ended in 2007, they have been hard at work rebuilding the divisions. As a result, the consulting services were the fastest growing service lines for all the three giants. Consequently, it made sense to add them to the Guide again.

Vault’s global consulting editor Naomi Newman said:

“Even though a lot of survey respondents are portraying these firms as coming back from the dead, and not yet integral to the strategy consulting market, there's a real sense that they are quickly getting reacquainted with the industry and asserting themselves accordingly. By virtue of them ranking so well in terms of prestige in their first year back gives us a glimpse into how other consultants view these firms and their potential. It will be interesting to watch their strategy and positioning develop in the market over the next few years.”

The Vault Guide also features company guides and quality of life rankings, with companies rated based on compensation, training, work hours, diversity, offices, etc. The Guide can be ordered at

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