Top 25 Management Consulting Firms in 2013
Vault.com has conducted a survey of the best management consulting firms to work for in 2013. The respondents, who are presently employed by highly reputable firms in the industry, have again proven that prestige and compensation aren’t the only factors that define an enjoyable work environment, work satisfaction, and help formulate career-related decisions.
Survey Formula
After the survey, the management consulting firms were ranked based on the following formula:
- Prestige = 30%
- Satisfaction = 15%
- Firm culture = 15%
- Compensation = 15%
- Work-life balance = 10%
- Overall business outlook = 10%
- Promotion policies = 5%
Top 25 Firms in 2013
The top 25 management consulting firms are listed in the table below. Their 2012 and 2013 rankings are provided for comparison.
|
Management Consulting Firm |
Rank in 2013 |
Rank in 2012 |
Difference |
| Bain & Company | 1 | 1 | – |
| McKinsey & Company | 2 | 2 | – |
| The Boston Consulting Group, Inc. | 3 | 3 | – |
| Booz & Company | 4 | 10 | +6 |
| Deloitte Consulting LLP | 5 | 4 | -1 |
| Oliver Wyman | 6 | 7 | +1 |
| A.T. Kearney | 7 | 6 | -1 |
| PricewaterhouseCoopers LLP (Consulting Practice) | 8 | 12 | +4 |
| Analysis Group, Inc. | 9 | 9 | – |
| Censeo Consulting Group | 10 | 16 | +6 |
| Monitor Group | 11 | 5 | -6 |
| L.E.K. Consulting | 12 | 26 | +14 |
| Point B | 13 | 14 | +1 |
| ZS Associates | 14 | 18 | +4 |
| Marakon | 15 | NR | N/A |
| The Cambridge Group | 16 | 6 | -10 |
| Cornerstone Research | 17 | 15 | -2 |
| The Chartis Group | 18 | 28 | +10 |
| Accenture | 19 | 11 | -8 |
| Milliman, Inc. | 20 | 17 | -3 |
| NERA Economic Consulting | 21 | 33 | +12 |
| Alvarez & Marsal | 22 | 20 | -2 |
| Putnam Associates | 23 | 23 | – |
| West Monroe Partners | 24 | 19 | -5 |
| ClearView Healthcare Partners | 25 | NR | N/A |
The Most Improved Firms
While McKinsey, Bain, and BCG have remained on top, the following firms received a significant ratings increase from consultants:
LEK Consulting
Founded in 1983, L.E.K. Consulting has developed into an international strategy consulting firm with more than 900 consultants in 20 offices worldwide. It caters to large companies in healthcare, finance, retail, and other major industries. It is prominent for its strong focus on mergers and acquisitions. LEK’s diverse work force values creative thinking, flexibility and teamwork. The consultants are usually paired with clients who need their expertise and experience in completing a project.
NERA Economic Consulting
NERA, which has existed for more than five decades, has 25 offices located in North American, Asian, and European countries. As a main division of Marsh and McLennan Companies, its practice areas range from Auctions to Water. NERA’s consultants expertly apply economic and financial principles to the complex cases they handle. They value excellence, innovation and diversity in bringing about deliverable for clients.
The Chartis Group
The Chartis Group excels in providing advisory services to healthcare organizations throughout the world. Based in Chicago, Illinois, this firm offers services in career planning, accountable care, and applied research and strategy planning. They employ experienced healthcare experts who have a deep understanding of economics, markets, and other areas. Currently, the firm has about 80 employees in four major cities in the USA. All of them are trained and committed to improve the quality of health services in the whole world.
References
- Top 50 Management Consulting Firms in 2013
- L.E.K. Consulting on Wikipedia
- About L.E.K.
- NERA Consulting on Wikipedia
- About NERA
- About Chartis Group