Business consulting firms can be found in every country and serve almost every industry specialty. While everyone is familiar with McKinsey & Company, Boston Consulting Group, and Bain & Company, countless additional consulting firms provide excellent client care and professional experience. But how can you decide which consulting firms are the best fit for your professional path? So, we’ve compiled a list of the best business consulting firms for you.
If you’re an aspiring consultant, don’t limit yourself to the Top 3 (MBB) consulting firms; there are numerous factors to consider when determining which consulting business is the best fit for you.
What are the Top Business Consulting Firms?
While everyone may want to work for McKinsey, Boston Consulting Group (BCG), and Bain & Company (Bain), generally known as MBB, it is important to note that several other top consulting firms can provide a great career boost.
While McKinsey, Bain, or BCG are likely to provide the most significant consulting resume augmentation, each of the top consulting firms possesses a combination of size and prestige that can propel you forward.
The following are some of the top business consulting firms:
#1. McKinsey & Company is a consulting firm
McKinsey consultants work in collaborative teams, have the opportunity to have a significant effect and participate in challenges to extend their abilities and advance their expertise. They have a distinct and inclusive culture that focuses on a personalized, adaptable, and dynamic workplace that produces high-performing and sustainable solutions. The company is providing conditions for its employees to write their own stories and advance based on their particular abilities and effects.
#2. BCG stands for Boston Consulting Group.
Boston Consulting Group is the second-largest consulting firm in terms of revenue and consistently ranks high on our list of the top business consulting firms. The firm’s diversified, worldwide teams provide clients with deep industry and functional experience, assisting them to grow, build sustainable competitive advantage, and drive positive societal impact. Purpose-driven, the firm aspires to make a long-term difference for its workers, clients, and society. “You will be challenged and rewarded,” sources predict.
#3. The consulting firm Bain & Company
Bain is a name that will open doors for the rest of your career. It is arguably the most employee-focused of the Big Three strategy players. That is, if you want to leave, the company spends heavily on training and development, intending to develop future leaders from the inside. When you combine that with a dazzling client portfolio and market-leading compensation, it’s easy to see why you should stay at Bain for the long haul.
#4. Deloitte Consulting LLP is a professional services firm.
Deloitte is a global provider of auditing, tax, risk, and financial advisory services, as well as consulting. Technology transformation and implementation, corporate strategy, marketing, and sales growth solutions (also known as Deloitte Digital), mergers and acquisitions, human capital change management, manufacturing operations, including supply chain, financial management, and sustainability, climate, and equity solutions are all part of the services offered.
#5. EY-Parthenon
With over 700 offices globally, EY-Parthenon, the strategy consulting branch of professional services giant EY, is one of the major global strategy consultants. EY-Parthenon provides a near-unparalleled learning experience for jobseekers wishing to develop their expertise while broadening their skill set by leveraging the infrastructure of its parent organization and its international network of outstanding individuals.
#6. PwC Strategy and Advisory
PwC Consulting Services combines functional experience from throughout the world to assist customers in addressing their most difficult business problems. The firm has the opportunities, coaching, and technology to help you advance your career. As a consultant at PwC, you will gain deeper experience in your area of concentration and position yourself as a leader.
#7. Booz Allen Hamilton is a consulting firm.
Booz Allen Hamilton, one of the most well-known federal contracting firms, has significant expertise in everything from digital transformation to cutting-edge cybersecurity. With nearly 30,000 employees, there are plenty of chances, but it’s also easy to get lost in the shuffle. Those with previous security clearances have a substantial edge in the employment process, and the firm is also a preferred destination for current and former military personnel.
#8. Accenture
Accenture works at the crossroads of business and technology to assist customers in improving performance and creating long-term value for stakeholders. The organization promotes a “culture of cultures,” in which its employees feel a sense of belonging and can be their best professionally and personally. To create an inclusive workplace, people must feel safe engaging in honest, open discourse about challenging themes like bias and inclusion without fear of being judged or having their careers harmed.
#9. NA Ernst & Young Consulting Practice
Ernst & Young is one of the world’s four largest accounting firms. They are best known for their auditing, tax, business risk, technology and security risk, and human capital services. They assist firms in transforming through four service lines: assurance, consultancy, strategy, and transactions.
#10. Oliver Wyman
Oliver Wyman is a firm in a rush right now, aggressively increasing staff through hiring and acquisition to keep up with a flood of work. Consistently recognized as a “Best Place to Work” in the industry, the firm promises an “environment where exceptional people can thrive.” A large consultancy with a global reach, Oliver Wyman strives to provide its people with an entrepreneurial, non-hierarchical culture in which talented people collaborate on complex, high-visibility client engagements. Go-getters who appreciate taking on early responsibility and working in a fast-paced, motivated workplace will thrive here.
#11. L.E.K. Consulting Services
L.E.K. Consulting is a global management consulting firm that works with customers ranging from small startups to large private equity firms. The firm’s influence spans four continents and practically every significant market on the planet, with headquarters in Boston. This, along with extensive industry expertise across a wide range of customers and capabilities, results in a plethora of “big firm”-like prospects at a relatively modest firm that can provide a more customized experience to its employees than some of its larger competitors.
#12. KPMG LLP (Consulting)
KPMG is a multinational professional services network and one of the Big Four accounting firms. It is one of the most well-known names in global business. KPMG is structured as a network of firms, each of which provides services to clients in the areas of strategy and operations, analytics, business integration, business intelligence, business process management, change management, growth enablement, integrated business planning, organizational design, outsourcing, shared services, talent management, technology enablement, and transformation.
They provide risk management advice services in financial risk management, forensics, internal audit, risk and compliance, and information technology. They are primarily known and specialize in auditing, internal auditing, accounting, forensic accounting, compliance, corporate recovery, assurance, tax, risk management, and financial advice services.
#13. Kearney
Kearney is one of the first worldwide management consulting firms, specializing in operations and assisting customers with large-scale transitions. More than three-quarters of the Fortune Global 500, as well as governmental and charitable organizations, collaborate with the firm. Kearney, a solid midsize business with a strong international reputation, is set to provide consultants with the best of both worlds: the flexibility and exposure opportunities of a boutique supported by the infrastructure of a much larger firm. As a result, there is an excellent combination of collaboration and independence—the benefits of size combined with the opportunity to customize.
#14. (IT Consulting) Lockheed Martin Corporation
Lockheed Martin is a multinational security and aerospace firm that designs and manufactures high-technology systems and products, as well as provides managerial, engineering, technical, scientific, logistics, and information services. They are primarily concerned with domestic and international defense and civil markets—with the U.S. The majority of its business is with the Department of Defense and other federal government entities. Aeronautics, electronic systems, information systems, global services (IS&GS), and space systems are the four major areas of activity for the corporation.
#15. Global Business Services by IBM
IBM consultants assist clients in integrating strategy, process, technology, and information to boost effectiveness, reduce costs, and increase profit and shareholder value. IBM’s services and consulting range from AI and automation to big data to networking and cloud services, among other things. They’ve made significant investments in artificial intelligence. IBM’s portfolio of business-ready tools, applications, and solutions is intended to lower the costs and barriers to AI adoption while optimizing outcomes and responsible AI use.
#16. Gartner
Gartner is one of the world’s most regarded and prestigious research and consulting firms. Gartner’s research doesn’t just assess industry trends; it creates them, and Gartner workers feel that the world’s most complete collection of technology, data, and tools is what drives their professional learning and development. Gartner thrives on the cutting edge of innovation and is a location for both tech-savvy and business-aware individuals.
#17. The Bridgespan Organization
The Bridgespan Group, founded as a social sector-focused subsidiary of Bain, has emerged as the dominant provider of services in its field. And with good reason: every year, elite talent from the consulting and nonprofit worlds beat a path to Bridgespan’s door, seeking to join its ranks. While it cannot accommodate all of them, it ensures that the firm continues to grow.
#18. Northrop Grumman Corporation (Information Technology Consulting)
Northrop Grumman is the world’s largest shipbuilder as well as an aerospace and defense technology firm. The corporation designs, manufactures and maintains defensive systems in all situations, including underwater, on the ground, in the air, in outer space, and online. The majority of the firm’s business comes from the federal government of the United States, particularly the Department of Defense, but it also works with state and municipal governments, foreign governments, and domestic and international commercial clients.
#19. Mercer & Company
Mercer is the largest human resources consulting organization in the world. They are probably the top worldwide consulting leader in talent, health, retirement, and investments, consistently ranking first in our rankings of top HR consulting firms. Marsh & McLennan is a subsidiary of Marsh & McLennan, a multinational professional services organization specializing in risk, strategy, and people.
#20. Marsal and Alvarez
A&M, best recognized for its turnaround and end-of-life services for failing companies, as well as a strong M&A practice, is well-positioned to thrive in unpredictable times.
#21. ZS
ZS is a management consulting and technology organization that focuses on global healthcare and beyond. The firm employs cutting-edge analytics, as well as the power of data, science, and products, to assist its clients in making better-informed decisions, delivering creative solutions, and improving results for all.
#22. LLP AlixPartners
AlixPartners is a multinational advising business with offices in North America, Europe, the Middle East, and Asia that has developed its reputation through its work in corporate turnaround and restructuring. The firm is frequently linked to turning around the fortunes of corporations in high-stakes scenarios. Someone with about a decade of industry expertise who can hit the ground running and quickly begin impacting a client’s business is the ideal hire.
#23. Charles River Consultants
Charles River Associates, a well-known name in the consulting market, offers specialized economic, financial, and management consulting services. Clients hire CRA for litigation and regulatory matters, as well as strategic counsel and problem-solving services.
#24. The Analysis Group
Analysis Group, as a hub for economic and legal consulting specialists, is a rare species in the consulting world: a firm that is virtually immune to the vagaries of the business cycle. Analysis Group’s services will be in demand as long as there is a need to quantify economic losses and damages and undertake statistical studies, among other things. As a result, it has a fairly steady staff base and hires at all levels of educational attainment, from fresh out of undergrad to Ph.D. holders—as long as you have the analytical skills to cut it!
#25. Roland Berger
Roland Berger’s identity is strongly intertwined with the concept of the global community, being the first European consulting firm to grow globally. Instead, the firm believes that enterprises must focus on the long game: long-term economic, environmental, and social impact on a global scale. Job seekers who want to make a difference in the consulting sector should look for a firm that is actively working to add meaning to the industry.
#26. Ferry Korn Ferry
Korn Ferry is a global management consulting firm. They collaborate with clients to create the best organizational structures, roles, and responsibilities. The firm provides five primary solutions to assist companies in synchronizing strategy and talent to drive performance (organizational strategy, assessment and succession, talent acquisition, leadership development, and incentives and benefits).
#27. Cornerstone Investigations
Cornerstone Research is a unique consulting organization that specializes in economic and financial analysis for law firm customers. As a Cornerstone Research consultant, you provide expert testimony in commercial litigation and regulatory proceedings, allowing you to collaborate closely with experts from many domains. While most of the financial work is similar to that of traditional economic consultancies, the convergence of the legal and consulting realms makes Cornerstone Research a fascinating and enriching prospect.
#28. Gallup Research
Gallup, best known for its opinion polls, incorporates analytics into its management consulting offerings. The firm conducts human nature research to identify how human behavior and connections drive organizations. This activity contributes to company growth by assisting companies in developing engaged consumers and building engaged workforces of talented individuals.
#29. Simon-Kucher
Simon-Kucher is a multinational pricing, sales, and marketing firm. Everything Simon-Kucher does revolves around growth. As a consulting partner, the firm uses its people’s specialized, cutting-edge monetization abilities to help customers’ profits increase sustainably. Simon-Kucher, as an employer, invests substantially in developing its employees’ talents and provides several prospects for advancement.
#30. Economic Consulting by NERA
NERA provides global clients in North America, Latin America, Europe, and Asia-Pacific with economic advice, analysis, expert testimony, and regulatory expertise. For more than a half-century, the firm has advised government officials as well as the world’s largest law firms and enterprises. The firm applies academic rigor and analysis, objectivity, and real-world industrial expertise to challenges involving competition, regulation, public policy, strategy, finance, and litigation.
#31. Grant Thornton LLP (Advisory Practice)
Grant Thornton is one of the largest professional services networks in the world. The firm, which provides independent audit and insurance, tax, and advice services, assists businesses in growing, operating more efficiently, managing risk and regulations, and realizing shareholder value. A forensics, investigations, and litigations division of the consulting unit investigates economic wrongdoing and advises firms involved in criminal abuse cases on how to safeguard their reputation and avoid costly business interruptions.
#32. FTI Consulting, Inc
FTI Consulting is one of the world’s largest financial consulting firms. They primarily assist firms in managing and mitigating financial, legal, operational, political, and regulatory risks, as well as reputational and transactional risks. The firm has served as an advisor in some of history’s most high-profile cases, including the Bernie Madoff probe, the Lehman Brothers bankruptcy, the Bush vs. Gore debate, the Major League Baseball steroids case, and many more.
#33. Capgemini
Capgemini SE is a multinational consulting firm that offers services such as consulting, technology, professional services, and outsourcing. The firm assists businesses in transforming and managing their businesses through technology—from strategy and design to operations—as a result of the rapidly growing and innovative worlds of cloud, data, AI, connectivity, software, digital engineering, and platforms.
#34. ClearView Healthcare Partners
ClearView is a boutique life sciences consulting firm. The firm recently opened two new European offices, formalizing its global footprint and highlighting its competence across a wide range of therapeutic areas and technologies. ClearView helps pharmaceuticals, biotechnology, medical devices, and diagnostics companies make strategic decisions and expand at the product, franchise, and corporate levels. ClearView’s clientele includes a diverse variety of life sciences operating companies, from medical device and pharmaceutical corporations to life sciences investors.
#35. Forrester
Forrester gets instant brand awareness across huge swaths of the business world as the consulting branch of one of the world’s best-known market research firms. True to its parent company’s strengths, Forrester’s consultants assist leaders in understanding, planning for, and reacting to global business trends.
#36. IQVIA (formerly IMS Consulting Group)
IQVIA is a global biotech and pharmaceutical management consulting organization. They provide clients in the life sciences and healthcare sectors with data assets, advanced analytics, technologies, and domain experience. They also offer biopharmaceutical development and commercialization services, especially for Phase I-IV clinical trials.
#37. Putnam
Beyond Putnam’s commitment and expertise to revolutionizing life sciences consulting is a determination to “bring out the best in each other.” Putnam’s commitment to development makes it an excellent choice for anyone looking to gain practical industry knowledge by training alongside an enthusiastic team of like-minded professionals while providing exceptional value to clients.
#38. Slalom Consulting
Slalom Consulting is an international management consulting firm specializing in strategy, technology, and business transformation. The business includes industry specialists, but we also exchange ideas, processes, and information across all of our industry teams. According to their website, by “drawing from our collective expertise in everything from retail to life sciences, we offer a wide-angle view on unconventional solutions—because the best approach is rarely the most familiar.” According to insiders, the company places a strong emphasis on work-life balance, and it is frequently included in roundups and surveys of the best places to work.
#39. Professional Services at Raytheon
Raytheon Professional Services, a division of Raytheon Technologies, delivers learning solutions to commercial, government, and military clients across 15 industries. The United States, for example. The Army requires a unified environment in which soldiers from all around the world can train together. Raytheon “blends new and emerging technologies—augmented reality, virtual reality, artificial intelligence, and big data—to connect soldiers and allow them to train like never before,” according to its website.
#40. Huron
Huron is a global professional services firm that helps healthcare organizations leverage data and technology to optimize existing business operations, improve clinical outcomes, and create a more consumer-centric healthcare experience. They serve clients in the healthcare, higher education, life sciences, and commercial sectors, as these organizations face significant transformational change and regulatory or economic pressures in dynamic market environments.
#41. The Brattle Group
The Brattle Group provides complex economic, regulatory, and financial answers for corporations, law firms, and governments all over the world, with a focus on energy, financial institutions, information technology, pharmaceuticals, healthcare, sports, telecom, and media. They also provide expert testimony and are known for the credibility of their experts, who include leading international academics and industry specialists.
#42. Guidehouse
Financial management, audit preparation, cyber risk management, operational planning, and other consulting services are available from Guidehouse.
#43. Willis Towers Watson
Willis Towers Watson is a leading HR and actuarial consulting firm that helps clients turn risk into a path for growth. The firm designs and delivers solutions that help organizations manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals.
#44. Aon Hewitt
Aon is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing. With a global distribution network, vast intellectual capital, and cutting-edge technology, Aon draws on the best thinking from around the world before delivering solutions with local expertise.
#45. Arthur D. Little
While its work product and client list rival the largest consulting firms, ADL’s focus on retaining and developing employees for long-term careers sets it apart as an employer and appears to be equipping it for success in the years ahead.
#46. Perceptive
Cognizant is a global consulting firm that focuses on digital business, digital operations, and digital systems and technology. Key industries include banking, financial services and insurance, healthcare, life sciences, manufacturing and logistics, retail and consumer goods, information, and media and entertainment.
#47. BearingPoint US
BearingPoint is a long-standing independent consulting firm that grew out of KPMG’s consulting services activities. Today, the company’s operations are divided into three synergistic business units: consulting, business services, and software solutions.
#48. Bates White Economic Consulting
With a strong reputation in economic and litigation consulting, Bates White is almost immune to the vagaries of the business cycle—a fact that has served it well in recent years. Among consultants, the word most often used to describe the firm is “academic”—something that connotes both the type of work it does and the fact that many of its senior employees are recruited directly out of Ph.D. programs at top colleges.
#49. The Advisory Board Corporation
The Advisory Board Company, based in Washington, DC, is a membership-based professional services organization that primarily serves the healthcare industry with best practices research, analysis, executive education and leadership development, software solutions, and installation support services.
#50. Bainbridge Island
Bainbridge, headquartered in San Diego, CA, provides management consulting services and mergers and acquisitions advice to organizations ranging from startups to Fortune 1000 multinationals all over the world.
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