PwC, Deloitte, EY and KPMG are followed by US strategy giants McKinsey %26 Company and The Boston Consulting Group. We put MBB — McKinsey, Bain, BCG — in its own category, MBB. Each company has a foundation in the core strategy, but now it also offers many other services. And each has a level of prestige that is high enough to create the need for a separate category.
We are pleased to announce the release of our annual ranking of the 50 Best Consulting Firms to Work for in North America. Boston Consulting Group and Bain, the other two-thirds of MBB's elite consulting firms, change locations again, reaching No. The four largest management consulting firms in the world are PwC, KPMG, Deloitte and EY. Accenture received the third highest number of excellent recommendations, ranking in the top 16 of 32 categories, including its work in sales and supply chain management.
Booz Allen Hamilton distinguished itself as the only company to receive a large number of excellent recommendations in the aerospace and defense category. Top-tier consulting firms are collectively known as MBB, which stands for McKinsey, BCG and Bain. These three companies are the most prestigious management consulting firms to work for. Kearney is a globally recognized US company specializing in management consulting that focuses on strategic and operational issues in companies, government organizations and institutions around the world.
But how do you know which consulting firms would be the best for your career path? Well, we've added a list of the top management consulting firms for you. Boston Consulting Group (BCG) is known as an innovative thought leader in the consulting industry with a strong focus on strategy. Today, Accenture's massive business is divided into several divisions, including Strategy, Digital, Technology and Consulting (its management consulting arm). Companies in this part of the consulting market use advanced economic theories, tools, principles and applications to help companies understand the value of assets or develop unique strategies.
In general, the basis of their offerings is strategic consulting, but these companies offer surprisingly extensive services. Although the company's original expertise is in accounting, Deloitte Consulting has made a big name in the consulting world. KPMG also shares its name with the “Big Four Auditors” and ranked second in the overall consulting ranking based on OpRisk compliance %26.Founded in 1914 in Chicago, Booz Allen Hamilton is now headquartered in Virginia and is known as one of the leading IT and management consulting firms. It is one of the largest professional services firms in the world and is one of the “Big Four Accounting Firms”.
The company's headquarters is based in London, United Kingdom, and is known as the second largest professional services firm and also has its name among the four major auditors. With nearly $500 million in annual revenue, Wavestone is a major promising player in the %26 strategy implementation consulting space. It is a leading research consulting firm that expands its services to provide expert advice and tools for leaders in IT, finance, human resources, customer service and support, legal and compliance, marketing, sales and supply chain functions worldwide. While the Big Three continue to lead the pack, this year's Consulting 50 sees some impressive gains among other big-name firms.
A consulting or consulting firm is a service-providing company comprised of a panel of experts or consultants who offer professional advice to a person or organization at a specific cost or rate. The four major consulting firms representing nearly 40% of the industry are PwC, Deloitte, EY and KPMG. .