{ "media_type": "text", "post_content": "Can someone explain the differences between T2 firms and Big4. I am new to consulting an confused. What are the major differences in the types of work they do in gov/public services? Are there major cultural differences? Are there major differences in pay and promotion progression? TIA", "post_id": "61e85b7b1fb4570033c3a8d9", "reply_count": 8, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

Can someone explain the differences between T2 firms and Big4. I am new to consulting an confused. What are the major differences in the types of work they do in gov/public services? Are there major cultural differences? Are there major differences in pay and promotion progression? TIA

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1. Can’t and won’t try to answer, someone better informed can 2. Sure, really depends on the project though. Differences within firms are greater than between firms 3. Yes different (maybe faster) trajectory and pay for better or worse

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T2s are usually highly focused firms with a narrow and deep expertise. They’re usually aligned with high fees (sometimes close to and even above what MBB charges) and good pay. Big 4s try to do everything, they go for the volume play. You’ll see massive teams in every practice, often deployed in projects that would be over staffed for a T2, but really they just lead to a better WLB for everyone. Expect low fees and lower pay. Source: been at both.

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I can't speak to gov specifically but having worked at both (technically S& is a sub division of a B4, but not speaking about that) - T2 tends to refer to top strategy firms after MBB. So, in theory we do strategy work, but not exclusively. The truth is true strategy projects are less and less common industry wide. But the strategy projects that do sell go almost exclusively to MBB (T1) or T2. The projects for T2 (regardless of being pure strategy or not) are usually short and intense and the stakeholders are usually top level executives. B4 does very little true strategy work. Projects may be several months to years. Intensity varies but on average will support better WLB than T1 or T2. Promotion is typically slower in B4, and T2 pays much better.

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Most T2 firms have almost no presence in gov consulting. If that’s the industry you’re interested in, the top players are Deloitte, Booz Allen, Accenture, IBM with McKinsey and BCG having a smaller footprint in almost exclusively strategy work

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Is eyp t2 or b4?

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T2. Same with strategy&

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T2 firms = Big 4+ ACN + IBM + possibly the indian pure plays

No. Big 4 is not t2

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