{ "media_type": "text", "post_content": "If MBB is tier 1, and the big 5 are tier 2, where do AT Kearney, Oliver Wyman, LEK, etc fall in?", "post_id": "56bc1f75a981d10a004e4201", "reply_count": 43, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
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If MBB is tier 1, and the big 5 are tier 2, where do AT Kearney, Oliver Wyman, LEK, etc fall in?

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It depends what type of consulting you are interested in. Most of MBB and OW, LEK, ATK are specialized in pure strategy. I know plenty of people who don't want to do strategy, preferring to be closer to the implementation since they get to see results. In fact, strategy consulting is only profitable during economic booms. However, since strategy is currently very profitable and "sexy", the strat shop overall tend to be "hire tier" right now

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Marines fall under the Department of the Navy but they are a separate service with both a separate autonomous chain of command and a separate budget. Rangers are glorified infantry that operate with higher standards, but the core mission they were designed for could be accomplished by infantry. That is a more apt analogy than SEAL Team Six vs. the Marines which are two wildly different groups with entirely different missions that are nothing like each other.

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Trying to sneak Accenture in there huh. You don't belong!!

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I mean... Because one blog calls it Big 5, it MUST be a thing now

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Assuming OP is a first year analyst

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Big 5? Who's 5?

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I think Big 4 was mostly based off of accounting practices too tho which is why ACN isn't included.

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Real question is why you think the "Big 5" are tier 2? I think most people would take an offer at ATK/OW/LEK over a Big 5 offer. I know I would.

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Our lives suck equally

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Ah, fair. From the talent side, I would say Tier 1 is MBB, Tier 2 is smaller strat (ATK, etc.), Tier 3 is Big 5 because I think people choose offers in that order.

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Haha jus google it, you'll see it's common. Everybody is getting butt hurt over semantics and not answering the question of the thread....typical consultants

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@Bain, pay and prestige aren't everything. I based my decision on the people I'd be working with. If I was choosing b/w BCG and Deloitte, I would've chose Deloitte, which isn't a knock on BCG, I just liked the people I interacted with from Deloitte better.

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FYI Mck operations practice is largest practice. Strategy engagements are common for new clients, but typically after years I figure out a strategy there is a lot of work in marketing and sales, operations, etc etc to achieve strategy. At the end of the day MBB charge more, so the main difference is their projects tend to be larger scale / impact per consultant, or more critical to get right. More of the seal team 6 vs. normal marines

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From the client side, I think tier 1 is still MBB (higher price) but tier 2 is smaller strat and Big 5 (both lower price than MBB, but depends if you want a specialized, smaller firm or a full service firm)

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I didn't say culture; I said people. I also didn't say Deloitte was similar to McK; I said I'd choose Deloitte over BCG.

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Btw - Deloitte actually puts special practices in place to ensure they lock in candidates that are deciding btw MBB and Deloitte out of B-school like exceptionally high sign on bonuses for that exact reason - so quite a few choose Deloitte over MBB. I don't think I've heard choosing any of the other firms over MBB though...

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"You're out of your element, Donny."

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Trying to make "Big 5" happen is like trying to make MBBD happen.

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Haha big 5 is for consulting, big 4 refers to accounting/audit :P

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independent-consulting-bootcamp.com/Big-5-consulting-firm.html

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Who cares?

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Never said ATK/OW/LEK wasn't tier 1...hence the question

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