![]() The firm started out by offering consulting services on accounting principles as a management tool. McKinsey was founded in Chicago in 1926 by James McKinsey, a professor of accounting at the University of Chicago. If you're still weighing other career options, you can learn more about investment banking positions through our guides to interviewing at Goldman Sachs, JP Morgan, and Morgan Stanley. The following overview of 8 top management consultancies will help you decide which firm you want to target for your career. It may be tough at times, but you will meet and work with a supportive group of bright and talented colleagues. Your job will be interesting and high-pressured. You will work with senior executives (e.g.: CEO, CFO, etc.) on a regular basis. Second, being a management consultant is one of fastest learning experiences you can get out of University. Many consultants end up becoming CEOs, as the below list of notable alumni shows. ![]() Your consultancy may sponsor your MBA and you'll have great exit opportunities. You will travel a lot and earn a top salary. You might be wondering why you should become a management consultant in the first place? There are plenty of reasons but let’s only cover the main ones here.įirst, it's a great way to set yourself up for a successful career. You'll notice that the chart below is from 2016: Unfortunately we haven't been able to get the data from recent years to update it but you can be assured that although the numbers will have changed, the distribution will be fairly similar. ![]() ![]() And if you're curious about how the Big 4 and MBB firms compare to each other overall, you can check out our Big 4 vs. We'll cover each of these firms in-detail below. The remaining 6 consultancies covered here include the strategy arms of the Big 4 and other mid-tier sized firms known to be amongst the top strategy consulting houses in the world:Ĭlick here to practise interviews 1-on-1 with ex-MBB coaches They earn the highest revenue among strategy consultancies and have generally been around the longest. The top three strategy consulting firms in the world serve nearly all Fortune 1000 companies and are commonly referred to as MBB: ![]()
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