You've probably heard about the Big 4 consulting firms if you're preparing for interviews: Deloitte, EY, KPMG, and PWC. These firms are larger than McKinsey, Bain, and BCG – the MBBs – and offer a wider range of services.
Tier 3: The Big 4 Deloitte, KPMG, PwC, and E&Y are the Big 4 accounting firms, but they also have large consulting divisions. The Big 4 firms are known for their broad range of services and their deep industry expertise.
Tier 2 consulting firms are successful, global consulting companies that fall outside the “MBB” firms (McKinsey, BCG, Bain) or “Big 4” firms (Deloitte, PwC, KPMG, and EY), but are still highly reputable and respected.
Tier 2 consulting firms are also big and successful but not as famous as Tier 1. They work internationally but do not handle as many high-profile projects or have offices everywhere as Tier 1 firms do.
Frequently Asked Questions about Consultant Salaries Bain & Company Consultant Salary - ₹55.3 Lakhs per year. BCG Consultant Salary - ₹55.3 Lakhs per year. LEK Consulting Consultant Salary - ₹50.4 Lakhs per year. Tata Strategic Management Group Consultant Salary - ₹42.7 Lakhs per year.
This article highlights tier 2 consulting firms like Deloitte, Strategy&, and Accenture, which are prestigious but rank just below McKinsey, Bain, and BCG (MBB) in terms of reputation.
The Big 4 firms – Deloitte, KPMG, PwC and EY – are the four largest professional service networks in the world, offering services in various business areas, most prominent among which are: auditing and accounting; advisory and consulting; tax, risk and legal advice.
Networking is crucial for experienced hires looking to break into consulting. And effective networking begins with building a tailored resume. As an experienced hire, you possess varied experience that must be molded together into a cohesive story.
How can you create a personal brand that reflects your unique style as a consultant? Define your niche. Develop your voice. Design your visuals. Deliver your value. Diversify your network. Distinguish your brand. Here's what else to consider.
Let's get straight to it. Step 1: Find if your expertise has a market. Step 2: Decide your consulting model. Step 3: Figure out finances. Step 4: Look for legal advice. Step 5: Get online. Step 6: Market your consulting services and onboard your first client. Step 7: Continue growing and scaling.