Are T2 Firms like Kearney ranked above B4 firms like KPMG? I’m a first year associate and the hierarchy is still a little confusing in the industry lol.

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Yes, by a lot

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T1: MBB
T2: Kearney, OW, S&, EYP, LEK, Roland Berger (UK/Europe) or Deloitte S&A (US)
B4 and Accenture are their own bucket (maybe a T2.5 due to size)
T3: Boutique strategy firms (incl. OC&C, Simon-Kutchers at the top end of that)

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^This is a UK/Europe perspective. The reason why B4 is higher than T3 is just the brand and size.

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So it’s MBB -> Kearney, Alix, (who else?) -> Big 4 -> Accenture?

TIA

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For who else, typically (in the US): Oliver Wyman, Strategy&, EY Parthenon, LEK. Arguably A&M too.

In Europe, you have firms like Roland Berger and OC&C with larger footprints in that category.

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Yeah seems like most people agree on FB about that

Yes

Yes in consulti g. Big4 is such a misleading term dont even know why we even use it advisory/consulting. I personally believe there is bigger gap between T2 and B4 than MBB and T2. Now, in terms if brand awareness more ppl know B4 because B4 offers more services but pure strategy/management consulting, MBB … T2 …… B4.

Agreed with the above. Moving Big 4 to a T2 will be a big bump in pay + speed of increases…but also a big bump in hours, stress, and likelihood of being asked to leave at some point. It’s a trade off.m

In contrast, T2 to MBB is similar comp, hours, etc.

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