Top 25 Consulting Firms

Management consulting firms exist in every corner of the planet and serve virtually every industry niche. While everyone knows about McKinsey, Boston Consulting Group, and Bain, there are numerous other consulting firms that offer great client service and fantastic professional experience. But how do you know which consulting companies would be best for your chosen career path? Well, we’ve aggregated a list of top management consulting firms for you.

If you’re an aspiring consultant, don’t stop at the Top 3 (MBB) consulting firms. There are a lot of different aspects to consider when looking at which consulting firm would be the best fit for you. Yes, MBB firms offer the greatest prestige, but there actually may be other firms that fit your specific career path better. Do you know what you want to do after working for a consulting company? Are you just going to pick the consulting firm with the largest revenues? If so, you might be surprised to find out that neither McKinsey, BCG, or Bain make it into even the top 10 in terms of revenue!

Some consulting firms require almost 100% travel, others require much less. Some charge by the hour and don’t mind you taking more time on a project. Conversely, others bill per project so there’s pressure to get your analysis done as quickly as possible. You may want to be involved with a specific diversity group, or maybe want to be located in a specific city. Those factors are covered for many of the firms on our top 25 consulting firms list.

For your convenience we’ve also compiled a Consulting Firm Directory, with more than 100 consulting firms listed. Firm headquarters, number of employees, diversity groups, and office locations are included. Check out this brand new resource!

List of Top 25 Consulting Firms

Accenture-red-arrow-logo

Accenture

Accenture is a technology consulting firm with a strategy consulting arm. The firm’s footprint is massive, with an estimated 449,000 employees across the world. Accenture is especially great for aspiring consultants who value opportunities to learn about technology.

Accenture is ranked 8th in terms of prestige and is known to have a challenging work culture. Overtime is optional, but many consultants reportedly need to work the extra hours. In order to excel at Accenture, its consultants says networking is essential in order to land the best teams and projects.

Annual Revenue:

  • $17,310,000,000

Work-Life Balance Considerations:

  • Optional Overtime

Employee Considerations:

  • Good opportunities to learn about technology

Consulting Firm Directory Link:

 

A.T._Kearney_logo

A.T. Kearney

A.T. Kearney is an American global management consulting firm that focuses on strategic and operational CEO-agenda issues facing businesses, governments and institutions. A.T. Kearney maintains offices in more than 40 countries globally. The company generates roughly $1.4 billion in consulting revenues every year.

A.T. Kearney is ranked 10th in prestige amongst all consulting firms. The company is known for advocating strongly for female leaders, especially in countries such as India. A.T. Kearney offers several programs focused on diversity and inclusion.

Annual Revenue:

  • $1,410,000,000.

Work-Life Balance Considerations:

  • Well Balanced

Employee Considerations:

  • Good Culture

Consulting Firm Directory Link:

 

Bain & Co.

Bain rounds out the world’s top three consulting firms. The company places a large emphasis on camaraderie and has the “frattiest” culture out of the Big 3. Bain currently employs over 8,000 across 50 offices worldwide, and the company generated an estimated $3.8 billion in revenue in 2017.

Though Bainees build strong relationships amongst their teams, consultants are still required to work long hours in return for interesting projects and excellent exit opportunities. The firm utilizes a local staffing model, meaning that projects are as near each local office as possible. Bain has also differentiated itself through its expertise in private equity through Bain Capital, made even more famous by its previous leader Mitt Romney. Bain earned a perfect score from the Human Rights Campaign for 12 years and was named ‘Best Place to Work for LGBTQ Equality.’

Annual Revenue:

  • $3,870,000,000

Work-Life Balance Considerations:

  • Long Hours
  • Constant Travel

Employee Considerations:

  • Good Benefits
  • Ranked as top company to work for

Consulting Firm Directory Link:

 

Boston Consulting Group

The Boston Consulting Group (BCG) is known as an innovative thought leader in the consulting industry with a strong focus on strategy. BCG has an intellectual culture that prioritizes creativity and academia. The firm has roughly 18,500 employees across 90 offices around the world. The company generated $7.5 billion in revenue in 2018.

BCG is consistently ranked as one of the best places to work even while demanding long hours out of its consultants. The firm offers unique programs to its top performers, such as the Strategy Lab and BCG Fellows program. BCG also offers several programs and internships that focus on diversity, one of the firm’s core values. Consultants who leave BCG are provided with top notch exit opportunities across almost any industry.

Annual Revenue:

  • $6,300,000,000

Work-Life Balance Considerations:

  • Long Hours
  • Demanding Culture

Employee Considerations:

  • High turnover for great exit opportunities
  • Ranked as top company to work for

Consulting Firm Directory Link:

 

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Booz Allen Hamilton

Booz Allen Hamilton offers management and technology consulting services, with an emphasis on technology and services to the U.S. Federal Government. The firm previously spun off Booz & Co., which was acquired by PwC. The firm generates roughly $6.1 billion in revenue on an annual basis, and is ranked 6th in terms of overall prestige in the consulting industry.

Booz Allen Hamilton consultants are known to work hard but not travel as much. On Glassdoor, employees give a 75% approval rating to the firm. The firm proclaims that it invented the management consulting profession in 1914. Booz Allen Hamilton has also worked on several interesting projects, including helping the U.S. Navy reinvent itself into a force critical in aiding in America’s World War 2 victory.

Annual Revenue:

  • $6,100,000,000

Work-Life Balance Considerations:

  • Hard Work
  • Less Travel

Employee Considerations:

  • Mid-range benefits

Consulting Firm Directory Link:

Brattle Group Logo

The Brattle Group

The Brattle Group provides consulting services and expert testimony in economics, finance, and regulation to corporations, law firms, and public agencies. The company is headquartered in Cambridge, Massachusetts and is ranked 45th in prestige amongst all consulting firms.

Originating in 1990 as a five-person team, Brattle combined with Incentives Research, Incorporated in 1995 to strengthen its expertise in energy matters and opened its first office in Cambridge. The firm’s employs over 350 employees across a number of industries, including electric power, financial institutions, infrastructure, natural gas and petroleum, pharmaceuticals and medical devices, and telecommunications and media.

Annual Revenue:

  • $24,900,000

Work-Life Balance Considerations:

  • Good Supervisor Relations

Employee Considerations:

  • Good Compensation
  • Good Benefits

Consulting Firm Directory Link:

 

Bridgespan Group Logo

Bridgespan Group

The Bridgespan Group is a global nonprofit organization that collaborates with mission-driven leaders, organizations, philanthropists, and investors to break cycles of poverty and dramatically improve the quality of life for those in need. The company aims to find solutions to ensure equal opportunity and core human and civil rights.

Bridgespan concentrates on four broad fields: education; children, youth, and families; public health; and global development. The firm’s services include consulting to nonprofits and philanthropists, leadership development support, and developing and sharing insights—all with the goal of scaling social impact.

Annual Revenue:

  • $39,771,000

Work-Life Balance Considerations:

  • Tough Workload

Employee Considerations:

  • Well Balanced

Consulting Firm Directory Link:

 

cisco logo

Cisco Systems Consulting

Cisco is one of the most well known companies in the world. Forbes ranked Cisco 16th in most valuable brands in 2018. The company is headquartered in San Jose, California and its consulting arm generated roughly $12 billion in revenues. Cisco Systems Consulting is ranked 12th in terms of prestige amongst all consulting firms.

As you can imagine, Cisco Systems Consulting focuses heavily on providing advice to clients for their technology needs. Cisco consultants focus on providing recommendations on topics such as cloud, big data, security, and more.

Annual Revenue:

  • $12,000,000,000

Work-Life Balance Considerations:

  • Well Balanced

Employee Considerations:

  • Ranked one of the best employers

Consulting Firm Directory Link:

 

Deloitte-logo

Deloitte Consulting

Though the company’s original expertise is in accounting, Deloitte Consulting has made a big name for itself in the consulting world. Deloitte enjoys #1 market share in terms of revenue, generating roughly $13.4 billion on an annual basis. The firm is consistently ranked as the fourth most prestigious consulting firm and has more than 286,000 professionals worldwide.

Deloitte’s consulting services are divided into three practice areas: Strategy and Operations, Technology, and Human Capital. Consultants typically recruit for and advance their careers through one specific practice area. Deloitte’s Strategy and Operations arm is essentially its management consulting arm, while its other two practice areas have less to do with overall corporate strategy.

Annual Revenue:

  • $13,350,000,000

Work-Life Balance Considerations:

  • Long Hours
  • International Travel

Employee Considerations:

  • Upward Mobilization
  • Lower morale than at Top 3

Consulting Firm Directory Link:

 

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Ernst & Young

Ernst & Young’s advisory business is known for services similar to those provided by other consulting firms. The firm focuses on four core areas: performance improvement, risk, IT risk and assurance, and other cross-advisory teams. EY is headquartered in Boston, Massachusetts and generates roughly $11.6 billion in annual revenue from consulting. The firm is ranked 7th in prestige amongst all consulting firms.

EY is known for having a significantly better work life balance compared to some of the other top consulting firms. The firm’s is known to have good communication across hierarchical levels and most employees are known for collegial personalities. Bonuses and raises at the firm are performance based.

Annual Revenue:

  • $11,600,000,000

Work-Life Balance Considerations:

  • Very Well Balanced

Employee Considerations:

  • Performance based bonuses and raises

Consulting Firm Directory Link:

EY-Parthenon logo

EY-Parthenon

Ernst & Young acquired The Parthenon Group in 2014, increasing EY’s presence as a Big 4 consulting firm. EY-Parthenon focuses on strategy consulting and currently employs over 1,500 consultants across 40 offices worldwide. The firm advises c-suite, business, and organizational leaders across multiple sectors, including consumer, diversified industrial products, education, financial services, health care, life sciences, oil and gas, private equity and technology, media and telecom.

While EY-Parthenon may be able to access the power, global reach, and capabilities of one of the world’s corporate giants, the firm still retains its trademark boutique culture. The organization’s leadership has remained intact, along with functions critical to retaining culture. As a result, consultants at EY-Parthenon highlight the firm’s strong collegial atmosphere, entrepreneurial environment, and transparent management as key benefits of working at the firms.

Annual Revenue:

  • $36,300,000

Work-Life Balance Considerations:

  • Some bureaucracy
  • Average consulting work-life demands

Employee Considerations:

  • Great professional development
  • Great people
  • Some have experienced a consistent need to reprioritize their work

Consulting Firm Directory Link:

 

Gartner Logo

Gartner

Gartner was founded in 1979 and is recognized as the world’s top research consulting firm. The company ranks 16th in prestige, and Forbes ranked it 7th in its list of America’s best midsize employers in 2017. The company generates roughly $3.3 billion in annual revenue.

Annual Revenue:

  • $3,300,000,000

Work-Life Balance Considerations:

  • Well Balanced

Employee Considerations:

  • One of the best mid-sized employers

Consulting Firm Directory Link:

 

IBM Global Business Services Logo

IBM Global Business Services

IBM Global Business Services focuses on cognitive data analytics, cloud technology and mobile app development. The firm utilizes IBM’s rich history and competitive advantage in technology in order to best help its clients. IBM is headquartered in Armonk, New York and was ranked as 30th in Forbes for Best Employers for New Grads in 2018 and 17th in Forbes for World’s Most Valuable Brands in 2018.

GBS’ offerings are broken down into two primary practice areas: business consulting & systems integration and application management services. The first of these offers six areas of specialty assistance to clients: customer relationship management, financial management, human capital management, strategy and change, business analytics and supply chain management services. The second practice area—application management services—offers expertise in application development, management, maintenance and support services for software and applications.

Annual Revenue:

  • $80,100,000,000

Work-Life Balance Considerations:

  • Known as being very well balanced

Employee Considerations:

  • Ranked as one of world’s best employers

Consulting Firm Directory Link:

 

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Infosys Consulting

Infosys Consulting is a management consulting, IT consulting practice within the larger Infosys organization which works in strategy, IT transformation, change management and business analytics. Infosys Consulting operates globally and currently has offices in 18 countries across the Americas, Asia Pacific and Europe. The company generates $10.2 billion in revenue on an annual basis and is headquartered in Bengaluru, India.

Annual Revenue:

  • $10,210,000,000

Work-Life Balance Considerations:

  • Well Balanced

Employee Considerations:

  • Engaging place to work

Consulting Firm Directory Link:

 

KPMG Logo

KPMG

KPMG is well known as one of the Big Four accounting firms. The company has experienced massive growth in China and Hong Kong and generates roughly $10.2 billion in consulting revenue annually. KPMG is ranked 9th for prestige amongst consulting firms.

The main differentiator for KPMG is its work life balance. The firm offers great benefits, flexible hours, and a relatively mellow culture. KPMG consultants are known to be extremely supportive of one another and the firm places a high emphasis on feedback from supervisors.

Annual Revenue:

  • $10,180,000,000

Work-Life Balance Considerations:

  • Flexible work hours

Employee Considerations:

  • Good Culture
  • Good Benefits

Consulting Firm Directory Link:

 

LEK Logo

L.E.K. Consulting

L.E.K. Consulting is a management consulting firm founded in 1983 by three individual partners from Bain & Company: James Lawrence, Iain Evans, and Richard Koch. The company’s primary service lines consist of corporate strategy, mergers and acquisitions, and operations. The firm employs a generalist model across all major industries, including a large presence in defense, aviation, life sciences, healthcare, energy, entertainment, transport, retail, consumer products, financial services, and private equity (note: a majority of the firm’s expertise in life sciences and healthcare).

The company is extremely selective and its consultants are known to work long hours, sometimes resulting in feelings of being understaffed. L.E.K. offers attractive bonuses and incentive programs, including benefits for families. The average tenure for new associates is roughly 2 years. The firm is known for its strong diversity programs, including LGBTQ, women, and minorities.

Annual Revenue:

  • $500,000,000

Work-Life Balance Considerations:

  • Long work hours
  • Understaffed case loads

Employee Considerations:

  • Bonus and and incentive programs

Consulting Firm Directory Link:

 

lockheed martin IT consulting Logo

Lockheed Martin Corp (IT Consulting)

Lockheed Martin is a global security company focused on domestic and foreign defense and civil markets, with the U.S. Department of Defense and other federal government agencies accounting for the majority of its business. The firm’s IT Consulting practice specializes in the field of aerospace and defense consulting. The firm is headquartered in Bethesda, Maryland and is ranked 18th in prestige amongst all consulting firms.

Annual Revenue:

  • $51,600,000,000

Work-Life Balance Considerations:

  • Balanced

Employee Considerations:

  • Good for new graduates

 

McKinsey & Company

McKinsey is a company that needs no introduction. The company is consistently ranked as the #1 most valued brand in the consulting industry, making it the most prestigious company on the list. Since its founding in 1926, the company has grown to over 21,000 employees across more than 120 offices around the world. The company generated a whopping $10 billion in revenue in 2017.

McKinsey’s recruiting process is one of the most competitive in the world. The firm typically hires candidates with Ivy League backgrounds and/or prestigious work histories. McKinsey is also known for pioneering the recruitment of advanced professionals with non-business degrees to its consulting teams. McKinsey consultants are known to be amongst the hardest workers in the industry, which in turn result in outstanding exit opportunities.

Annual Revenue:

  • $8,800,000,000

Work-Life Balance Considerations:

  • Long Hours
  • Constant Travel

Employee Considerations:

  • High turnover for young adults
  • Great future career opportunities

Consulting Firm Directory Link:

 

mercer logo

Mercer

Mercer is known as the world’s largest human resources consulting firm. Headquartered in New York City, Mercer has more than 23,000 employees, is based in more than 43 countries, and operates internationally in more than 130 countries. The company generates $4.3 billion in sales on an annual basis and is ranked 17th in prestige amongst all consulting firms.

Annual Revenue:

  • $4,300,000,000

Work-Life Balance Considerations:

  • Flexible

Employee Considerations:

  • Good Culture

Consulting Firm Directory Link:

Navigant Logo

Navigant Consulting

Navigant Consulting is headquartered in Chicago, Illinois and is a specialized, global professional services firm. The firm employs almost 6,000 consultants across 37 countries and generated $743 million in revenue in 2018. The firm focuses on three key business segments: healthcare, energy, and financial services advisory and compliance. The company was ranked 72nd in Forbes for America’s Best Midsize Employers in 2019

Annual Revenue:

  • $1,000,000,000

Work-Life Balance Considerations:

  • Well Balanced

Employee Considerations:

  • One of the best management consulting firms to work for

Consulting Firm Directory Link:

 

logo-oliver-wyman

Oliver Wyman

Oliver Wyman is a quickly growing strategy consulting firm with deep connections in Europe and Asia Pacific. The firm is known for quick career progression – you’ll hit a new promotion cycle every 18-24 months. The firm generates roughly $2 billion in revenue every year.

Oliver Wyman consultants express that it can be challenging working long hours at a growing firm but generally enjoy the fun work atmosphere. Fortune points out that the company is particularly popular with millennials, and the firm makes substantial accommodations for working mothers. Oliver Wyman also doesn’t have requirements for an advanced degree, unlike many other top consulting firms.

Annual Revenue:

  • $2,000,000,000

Work-Life Balance Considerations:

  • Growing Firm

Employee Considerations:

  • Fun Atmosphere
  • Positive Feedback

Consulting Firm Directory Link:

 

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Putnam Associates

Founded in 1988, Putnam Associates focuses on serving healthcare, private equity, and venture capital clients through sophisticated and robust analytics. The firm focuses on providing customized, actionable recommendations that draw on problem framing, cutting-edge methodologies, deep therapeutic area knowledge, extensive global networks of health care stakeholders, and expert synthesis across scientific, clinical, and business disciplines.

Putnam consultants have similar professional and educational backgrounds to those at strategy consulting firms. Uniquely, 100% of Putnam’s work is dedicated to maximizing the value of the pharmaceutical, biotechnology, diagnostic and device products. The company serves clients who market many of the world’s best-known biopharmaceuticals and who are leveraging the genomics and “big data” revolutions month by month with new breakthrough therapies and higher quality patient care.

Annual Revenue:

  • $2,100,000

Work-Life Balance Considerations:

  • Well Balanced

Employee Considerations:

  • Good Benefits
  • Good Supervisors

Consulting Firm Directory Link:

 

PwC-Logo

PwC Consulting

PwC provides a mix of industry and functional expertise to help its clients address their most interesting and complex business issues and opportunities from strategy through execution. PwC advises a significant number of the Fortune 500 companies and generates roughly $12.3 billion in annual consulting revenue. The company is commonly ranked 5th in prestige amongst all consulting firms.

As standard with most of the top firms, hours tend to be long for consultants at PwC. Promotions don’t happen as quickly at the firm compared to others, but PwC is a great place to start a career. PwC has numerous diversity groups and works with with employees with disabilities.

Annual Revenue:

  • $12,253,000,000

Work-Life Balance Considerations:

  • Frequent Travel
  • Long Hours

Employee Considerations:

  • Good place to start career
  • Valuable work experience

Consulting Firm Directory Link:

 

Roland Berger

Roland Berger is a strategy consulting firm headquartered in Munich, with 50 offices in 36 countries. Roland Berger operates as a generalist strategy consultancy and advises clients on management issues ranging from strategy development to performance improvement. Roland Berger also advises in the fields of restructuring and marketing, with a focus on the Automobile Industry and the capital goods sector.

The company employs roughly 2,400 worldwide and in generated roughly $670 million in revenues in 2018. Roland Berger is ranked 36th in terms of prestige amongst all consulting firms. The firm is known for its European culture and roots and for having bonuses contribute to a major portion of compensation for employees.

Annual Revenue:

  • $80,000,000

Work-Life Balance Considerations:

  • Sabbaticals Offered
  • Telecommuting

Employee Considerations:

  • Major Bonuses
  • Good Benefits

Consulting Firm Directory Link:

 

strategy& logo

Strategy&

Strategy& is a strategy consulting firm previously known as Booz & Company, which was acquired by PwC in 2014. Strategy& focuses on executive level strategy, similar to the cases you would find at McKinsey, Bain, and BCG. To help its clients compete, Strategy& places a heavy emphasis on foresight and innovative thinking-a trait that goes all the way back to founder Edwin Booz.

Annual Revenue:

  • $1,300,000,000

Work-Life Balance Considerations:

  • Great place to work

Employee Considerations:

  • Highly Recommended

Consulting Firm Directory Link:

Conclusion

Consulting firms differ in culture, workload, philosophy, and compensation so choose wisely where you apply! We hope this list has been helpful for you in your search for your perfect fit. If you have questions as to which consulting firm might be best for your desired career path, reach out to us at [email protected]

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