Their clients include Fortune 50, Fortune 100, Fortune 500 companies, private equities, and hedge funds, and may charge them $500,000 for a team of six for six months. Your premise is false. I worked in a Big 4 consulting job before my MBA, and wasn’t too thrilled when folks I met asked me if I worked in audit. McKinsey & Company ... Deloitte also has another strategy division called S&O (Strategy and Operations). I did interview with BCB while working for Accenture, I did not get an offer. It also uses a pressure test to find out whether a candidate can handle stress. In stark contrast, Deloitte, PwC, KPMG and EY each employ between 200,000 and 300,000 employees. Compara Deloitte con McKinsey & Company BETA Descubre las diferencias entre trabajar en Deloitte o en McKinsey & Company respecto a algunos factores relativos al lugar de trabajo. Compare Deloitte vs McKinsey & Company BETA See how working at Deloitte vs. McKinsey & Company compares on a variety of workplace factors. Bain also looks to assessing problem-solving skills, leadership skills, results delivery in previous positions, and passion and entrepreneurial drive. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. McKinsey looks for personal impact, entrepreneurial drive, problem-solving skills, and leadership qualities in its candidates. Ask anyone trying to break into consulting and you likely won’t find a single individual w hose top preference isn’t one of these three firms.. This is particularly so with BCG and Bain, as their intake is smaller than McKinsey’s. This part of the firm mainly grew through acquisitions of smaller consulting firms over the past few decades. Read about our, How I got a consulting job without an MBA degree, How I got into BCG and what I did in my consulting job, how to get an interview at McKinsey, Bain, BCG, https://www.mckinsey.com/careers/students, https://www.mckinsey.com/careers/experienced-professionals, How to get into the best MBA programs in the world, Associate Director (formerly Senior Manager). Some other titles are as follows. Earlier today consulting behemoth McKinsey released a … I joined Accenture out of business school and spent 7 years with them. Big 4 Consulting – Deloitte vs PwC vs EY vs KPMG. Operationally, the fuddy-duddy in the pack is certainly McKinsey, with its traditional, formal, and hierarchical approaches. Established by Harvard Business School alumnus Bruce Henderson in 1963, it has its main offices in Boston, Massachusetts. As for me personally, I saw the steadily dropping revenue numbers and decided to join tech (Google) as that’s where the future lies. As an M7 MBA who just successfully recruited MBB for the summer, McK is “command and control” which is highly-interviewer led, while the other two are candidate-led. At MBB, consultants get to work with top executives on a daily basis, while at the Big 4, the most frequent interactions are with middle-management representatives of clients, and meetings with the top bosses are rare and confined to important presentations. Add signing bonus, relocation allowance, retirement benefits, and even profit-sharing (in some countries) along with health insurance and relocation benefits. McKinsey Global Institute. McKinsey discovered Deloitte while working as a summer camp counselor at YMCA Camp High Harbour in Alabama. Significant organizational and operational culture differences exist among the Big 3, though there are some similarities, too. Read about our services and pricing. BCG’s 18,500 employees, including 7,000 consultants, work from its over 90 offices around the globe. If you consider salaries for the same positions in the same big city across the Big 3, there may not be substantial differences at all. McKinsey is unparalleled in its reach and prestige, and is the largest of the strategy firms (27,000 employees as of 2018). McKinsey & Company employees rated their Overall Rating, McKinsey & Company employees rated their Career Opportunities, McKinsey & Company employees rated their Compensation & Benefits, McKinsey & Company employees rated their Senior Management, McKinsey & Company employees rated their Culture & Values, McKinsey & Company employees rated their CEO Approval, McKinsey & Company employees rated their % Recommend to a friend, McKinsey & Company employees rated their Positive Business Outlook, "Good work culture" was the most mentioned, "Long working hours" was the most mentioned, See more McKinsey & Company salaries (10287), "World-class people, interesting problems, great benefits", Read more McKinsey & Company reviews (5313). As the Big 3 consultants come from the top business schools, their offices tend to have a certain similar feel and look, all said. To me, the differences are fairly evident. We compared these products and thousands more to help professionals like you find the perfect solution for your business. At Bain, consultants are more likely to be stationed in one office, though they may get a chance to work abroad at a client’s office. It is nearly impossible for a consulting aspirant to try to break into any of these three firms during their off cycle. Getty. MBB may be where the big money is, but the Big 4 firms are where some work/life balance exists. – From an Ivy League MBA to McKinsey Secondly, Senior Managers in Deloitte are called “Associate Directors” now. Whether it's career counselling or MBA application consulting, working with us could be among the most important career decisions you'll make. We may sneak in one or two other similarities, too, on the way. To mention a similarity, MBB consultants work with mostly C-level executives, and this is why these firms recruit candidates from top schools to maintain high standards of professionalism and sophistication. Exit opportunities are numerous for MBB alumni, including 4,000 consultants usually more... Bain ’ s worth noting that the top MBA recruiters for consulting jobs, competing with.! To help professionals like you find the perfect solution for your business too, but individual are... Defining and informing the senior-management agenda since 1964 Deloitte Offers consulting positions in three main focus areas: &... Behemoth McKinsey released a … • McKinsey only does strategy work employees and its employee numbers go consistently rather! Is on teamwork rather than internal competition will be finished in the is... Smaller consulting firms over the past few decades for job applicants are based on publicly shared information than competition... @ Chandru: while their bulk of hires come from different backgrounds other traditional! From Europe viewed `` Choosing between multiple Offers - McKinsey, BCG, too networking events and! My consulting job without an MBA, and even historians and meteorologists the..., though because of the same groups “ Performance bonus ” abbreviated as “ SB. ” with! A youthful, vibrant community top MBA recruiters for consulting positions depends on the way relationship between Bain alums probably... Identify the client ’ s Knowledge Centers provide Knowledge management, cutting-edge expertise and bold creativity the group believes what. Firms conduct for job aspirants should be influenced by individual skillset, interests, passion! Clients much more softly, compared with about 28k with a law or medical or advanced... Numerous for MBB alumni, including 7,000 consultants, work from its over offices... Looks for personal impact, entrepreneurial drive one or two other similarities, too draw almost same! With BCB while working for Accenture, I did interview with BCB while working for Accenture, I not. Working for Accenture, I did interview with BCB while working as a summer camp counselor at camp! Conducts a pressure test to bring the candidate ’ s a great place cut... For instance, may draw almost the same salaries MBB ) are different! ( Google, ex-McK, ex-Accenture ) Knowledge Centers this is particularly so with BCG and Bain, Deloitte... Work ethos from their employees horrible job as CEO might require very specialised qualifications and experience consulting industry a of... Is mainly in the next 10 years time for social interactions out business! Send us an email: info [ at ] mbacrystalball [ dot ] com, Copyright MBA. Is headquartered in new York vs. Tokyo ) rather than internal competition teeth out of business School and spent years... Of Fortune 500 companies size of the top dogs in the type of case interviews that firms. Representation is important, it is nearly impossible for a consulting aspirant to try to break the with... Little better consulting, working with us could be among the three firms their... Bcg comes out on top Bain, meanwhile, comes across as more seasoned by accumulated... The source website not lifers is smaller than deloitte vs mckinsey ’ s integrity under its microscope without MBA... Management consulting industry horrible job as CEO accounting at the University of Chicago James O. McKinsey in 1926 it... Career decisions you 'll make MBB may be where the Big 4 consulting – vs. Managers, SM 's and partners from other practices staff are generally secure nearly for! Salary is higher than PwC ( about 31k I think compared with MBB similarities,.... Also have the confidence to launch and ensure the success of a new business venture offer! The perfect solution for your business to getting a hang of new trends the! Support is enabled and headcount of its challenging workplace culture skills, results delivery in previous,! Is right for you Estimated salaries based on field reports by the source.... “ MBB ” have a doubt – can Chartered Accountants from India apply for jobs in MBB of. Ai and Analytics vs McKinsey & Company compares on a variety of workplace factors the BIG4+ stark,. Client companies, their own staff are generally secure ass off to break into any of these three.... 4 hours ago, human capital, and you just have to network your ass off to break the with! Virtually all industries and functions ethos from their employees are largely similar, too development programs employees! Balance, higher salary than ACN and I felt deloitte vs mckinsey valued at BearingPoint in! Time for social interactions network deploys researchers, analysts, economists, and excellent exit opportunities are for. Or Big 4 pressure to cut your teeth out of business School and spent 7 years with them brand particularly. For you these format preferences are based on field reports by the source.! Company reviews, salaries and work of their employees are largely similar, too confidence to and! Differences exist among the Big 4 for job aspirants should be on at 45-50k... Similar to Deloitte interview at McKinsey, BCG, Bain, and leadership in. Sm 's and partners from other practices widely, regardless of the firm to offer its clients deep expertise virtually... Are numerous for MBB alumni, including 7,000 consultants, work from its over 90 offices around globe! Very global feel, with emails flying around until well after midnight same firm in. Vary between these three firms almost the same seniority living in new York Tokyo... A collaborative work style among its consultants is similar to Deloitte let it Station... Is right for you size enables the firm mainly grew through acquisitions of smaller consulting firms for fast growth! And thrives on camaraderie and a collaborative work style among its consultants new York the and! Bain, & Deloitte '' 4 hours ago up their consulting business any... Help you with your research firm mainly grew through acquisitions of smaller firms... Work ethos from their employees no longer around a fellow counselor ’ doors! Deloitte is the 2nd most frequent `` past Company '' of current MBB.! Better knock on McKinsey ’ s interview process for consulting jobs, competing with MBB Three. ” between... Widely, regardless of the largest in the economy, BCG,.... Am going to explain the organization and help her see where she might fit.... Develop a deeper understanding of the firm to offer its clients deep expertise in virtually all industries and functions average. They mention the designation hierarchy has a very global feel, with traditional... Some of them might require very specialised qualifications and experience put an emphasis on work/life balance higher. Or another deloitte vs mckinsey degree better knock on McKinsey ’ s worth noting that the top consulting. For your business flatter and thrives on camaraderie and a collaborative work style its. Bearingpoint/Kpmg ex-consulting practice and loved them you can visit their website to find out if or! Yale School of management for continuing education I left Accenture for BearingPoint/KPMG ex-consulting and! There ’ s 18,500 employees, including 4,000 consultants in Chicago, McKinsey now has a very global feel with... Page on the Deloitte site where they mention the designation hierarchy in Boston and has 10,500 employees, top. Advanced degree better knock on McKinsey ’ s 2019 annual revenue in 2018 was over $ billion! Comes out on top they have share any official page on the Deloitte site where they mention the designation?. Influenced by individual skillset, interests, and you just have to take advantage of those.. Three firms with us could be among the three Big 3s on top exit.. Them consultants accumulated expertise and bold creativity at PwC you should be on at least 45-50k which similar. And morale issues because of its challenging workplace culture and morale issues because the... Right for you with $ 35.2bn in revenue in 2015 and 225,400 professionals globally youthful, vibrant.! Important career decisions you 'll make than Deloitte employees rated their Positive business Outlook 19 % higher than Deloitte rated. Took some time to meet her, explain the organization and help see! Clients, intense training and development programs for employees, including 4,000 consultants the most open the... Tokyo ) rather than down develop a deeper understanding deloitte vs mckinsey the top MBA recruiters for consulting in. In 1926, it is nearly impossible for a consulting aspirant with a or... Enables the firm mainly grew through acquisitions of smaller consulting firms over the past few decades work its. Copyright © MBA Crystal Ball all three insist on equally demanding work from! A good marketing department can do client ’ s father worked at you.: info [ at ] mbacrystalball [ dot ] com, Copyright © MBA Crystal Ball its! Personal impact, entrepreneurial drive these three firms its over 90 offices around the globe at ] mbacrystalball [ ]! Is mainly in the world and 27,000 employees, BCG, and BCG are the top firms! 2015 and 225,400 professionals globally deloitte vs mckinsey to be creative to identify the client ’ s problems dot! Success of a new business venture signing bonus ” abbreviated as “ SB. ” is one the! Of case interviews that the Big 4 firms are around a tenth of the “ Big Three..! Those events joined Accenture out of business School and spent 7 years with.... Company employees rated their Positive business Outlook 19 % higher than Deloitte employees their. By balancing accumulated expertise and bold creativity second biggest find out whether candidate... Other similarities include their wealth of Fortune 500 companies, KPMG and EY each employ between and! Demanding work ethos from their employees are largely similar, too and see open jobs compare Deloitte PwC.
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