Management Consulting David J. Bryce. Wharton Students’ Rankings of Major Consulting Firms 2000 1. McKinsey & Company 4.8 2. Boston Consulting Group (BCG)4.7.

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Presentation transcript:

Management Consulting David J. Bryce

Wharton Students’ Rankings of Major Consulting Firms McKinsey & Company Boston Consulting Group (BCG) Bain Booz-Allen & Hamilton Mercer Management Consulting Monitor Company Accenture Deloitte Consulting A.T. Kearney3.2

New Economy / Boutique Firms (Select Sample only) Razorfish (IT) Razorfish (IT) Advisory Board Company and CSC Health Solutions Group (health care) Advisory Board Company and CSC Health Solutions Group (health care) Strategic Decisions Group (decision analysis) Strategic Decisions Group (decision analysis) Marakon Associates (strategy) Marakon Associates (strategy) Oliver Wyman (financial services) Oliver Wyman (financial services) PRTM (high-tech operations) PRTM (high-tech operations)

IT Consulting CSC (Computer Sciences Corp) CSC (Computer Sciences Corp) EDS EDS IBM IBM PWC PWC Deloitte Deloitte Accenture Accenture E&Y Cap Gemini E&Y Cap Gemini

Firm Differentiation—Core Issues Lifestyle Lifestyle Industry/Functional Industry/Functional Generalist/Specialist Generalist/Specialist Service Integration Service Integration Age and Reputation of Firm Age and Reputation of Firm Locations Locations

Firm Differentiation—Secondary Issues Staffing Methods Staffing Methods Partner Exposure Partner Exposure Team Orientation Team Orientation Typical Clients Typical Clients Career Path Career Path Training/Continuing Education Training/Continuing Education Engagement Length Engagement Length

What Consulting Firms are Looking For Native Intelligence Native Intelligence Record of academic achievement Record of academic achievement Problem solving skills Problem solving skills Quantitative and statistical skills Quantitative and statistical skills Business acumen Business acumen Writing and Presentation skills Writing and Presentation skills Energy/stamina Energy/stamina People, team, leadership, relationship skills People, team, leadership, relationship skills

Typical Career Path Research Associate (2 yrs) Research Associate (2 yrs) Associate (2 yrs) Associate (2 yrs) Engagement Manager (2-3 yrs) Engagement Manager (2-3 yrs) Associate Partner/Senior Manager (2-3 yrs) Associate Partner/Senior Manager (2-3 yrs) Partner (3-5 years) Partner (3-5 years) Senior Partner Senior Partner Comp (K)* $60-$80 $120-$150 $175-$250 $250-$350 $300-$600+ $400-$1,000+ *Including base and bonus – Typical Top Firm