If MBB is tier 1, and the big 5 are tier 2, where do AT Kearney, Oliver Wyman, LEK, etc fall in?

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

@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.

like

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

like
Recent IconRecent

The market decides. What is the order of bill rates? Weighted average. Total rev / total consulting staff including partners

like

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

like

I already addressed this on another post. PWC, Accenture and ATK are tier 1 (known by the acronym PAA)...

like

@D3 why is strategy only profitable during economic booms, people don't make changes in declines? Name one person who said I choose to be a peoplesoft/ERP/database specialist rather than corporate strategy so you can be closer to implementation and make less money?

like

Yeah I totally understand picking a firm for the people, that's how I ended up at Bain. I just think that there is enough diversity in the MBB that MOST people can find a fit at one of them. I still stand by the statement that the vast people would take an MBB offer of given one.

like

^ campus recruiter in the houseeeeee

like

@D2 - nope just went to a top b school and know how it works

like

FYI the marines are part of the Navy and infantry isn't particular to any of the services, it's a role--marines and army both have it.

like

I know fellow consultants from many firms and they all have a mix of good talent and incompetent trainwrecks..."tiers" are just brand positioning. Don't believe they are indicator for or against quality of people, work etc.

like

It's not.

like

*"higher tier" sorry just woke up

Have to agree with DFW. 1) MBB (or at least Bain) has consistently been profitable with the exception of 08/09 (which was hard on everyone). 2) We do our fair share of PMO/Integration/Cost cutting if you really want to do ops work (most people don't). 3) do you really know people who turned down MBB for Deloitte? Be honest.

Wait @Mck1 please tell me the cultural similarities between McKinsey and Deloitte. To me (albeit only through recruiting and sell weekends) they couldn't be more different culturally. It's difficult for me to see how you like Deloitte and choose McKinsey.

DFW, what firm are you from?

Got BCG people are nerds. Heard that before.

^Got it

D3 is clueless

FYI, SEAL Team Six comes from the Navy, not the Marines. Rangers vice regular infantry is a more apt analogy.

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.

The analogy still works. Unless you mean that MBB and "big 5" are part of the same military branch?

Related Posts

What is the difference between AVP and Director grades in Genpact? What are the salary ranges for each role?

like

What's it like to work at Department of child services? Is it worth it

like

Got an offer at ZS for Consultant, and recruiter said it's the highest they can do for C. (165k plus COLA for NYC) and 15k signing.
My question is that this is the highest what kind of raises can one get, and how much target bonus is realistic at C level? 7YOE, M1 at Big 4.

like
helpful

Hi All,
Need some suggestions!!! Please help

I have two offer , one offer is from Infosys and package is 16 + 1.25(JB) and role is lead data analyst - data science (Bangalore location) and other offer is from Latent view and package is 18 and role assistant manager and location is Chennai.

Which one should I choose?

like

Hello Everyone, i am working as a contractor with ZS and now i wanted to come to zs office. Will ZS reimburse all my expenses including travel and stay for a month.

Any ideas about the type of “healthcare” roles in Amazon, Best Buy and Walmart? FYI - background is strategy consulting in health.

like

What does comp look like for a Commercial AE at Zoom?
What’s the commission payout? Zoom

like

Hello Fishes,

I have a genuine query for TCS,

1. Can you please let me know what is hiring/ immediate manager in TCS?

2. Will i get the project for the technology i was interviewed for as if i have interviewed for devops can tcs change my project scope ?

Please let me know as i need a genuine guidance related to onboarding.

Thanks for answering!!!

like

Anyone have any connections to Baker Tilly? May be looking to apply for some openings there. Also does anyone know if they offer remote positions?

like

I just completed a pre interview for a potential job through Rangam Consultants Inc. they specified that the “Candidates need their own working laptop – Client will set them up on their cloud”. Is this normal? Should I be skeptical? How is it working with Rangam Consultants?

like

Just got Offer letter and joining on 16th Aug.
What are the next steps i am from Delhi and have to come Hyderabad.
Does Deloitte will send the tickets and stuff?
And what about relocation bonus.
Please guide.

like

Can anyone provide salary estimate for Protiviti senior consultant in IAFA? Would be an external hire

like
like

Hi Fishes,
BA profile. YOE 8+

I have cleared Nagarro's aptitude test, soon interview will get schedule. Please help me with the interview details so that I can prepare for it.

like

What is jpmorgan chase first year VP Salary?

like

Does KPMG provide SaT services? I only see advisory which I presume is the same as FAAS in the other big 4…

like

Akin Gump - Dallas
Real Estate - 3rd year
Looking for any general input about the firm/group. Also work culture and typical hours.

likehelpful

Hi everyone! Anyone has given Data Analyst interview in Walmart? What’s the interview process and skill expectations?

Hi Fishes.. 6 yoe in SAP SD, i got 2 offers one from Wipro14 lpa role tech lead and other from Infosys for 16lpa role consultant.. i feel in Wipro the role is good but package is very less and in Infosys the role less for my experience and package can also be revised.. what can i do.. need your valuable inputs if i can negotiate with anyone of the company or which i can choose.. TIA.

like

More Posts

Hey Fishes, any remote opportunities within Canada ? Let me know please

Tech startup or big tech company? And why?

like

How’s PWC Miami? Thinking of applying for a senior auditor role

like
like

Asian food is the best. Might be because I’m Asian and grew up eating it.

like

Is brand loyalty dying?

Has anyone made the switch from audit to transaction/advisory services? What was that like?

like

Is there a way to know your business unit prior to joining in techM?

Today i had such a bad experience with CGI. If the panel is not ready to interview then why they are scheduling and wasting my time. The interviewer attitude was very rude which me made me frustrated Nd came out of interview in middle

like

My boyfriend and I have greatly been considering moving abroad. We have things we want that we simply aren’t able to get in the US?

We’ve been considering Germany as one of our top choices, but we’re at a bit of a loss for the best way to go about it. Do we try to secure jobs first, or do we just try to live there and find a job once we’re there. He works in a kitchen as a cook and I work in Graphic design. Any advise is appreciated

like

Atlassian
are the rumours about layoffs true ?
any insider information ?

Men’s jewelry brand recommendations?

likefunny

To work as a pediatric or NICU nurse as a new grad do you have to obtain all the certifications on your own or will the hospital provide/pay for it?

like

Legatos joining date is 2 weeks post my lwd @

Hi all, for anyone who has experience with completely virtual shoots did you find that there was an added time or monetary component versus tradition photoshoot? I’m working on estimating a future project for my agency and curious how they compare

like

What are the potentials and limitations of ChatGPT?

like

I have a lot of student debt from law school. I’ve refinanced a couple of times and received the best fixed rate available, but I’ve seen others refinance with a variable rate which of course is lower. I’ve read some other comments of people refinancing at a super low variable rate....isn’t this risky? Of course I am afraid of going variable and then the interest rates going up a lot. Am I missing something?

like

Hello All, In the next couple of months i am targeting companies like Apple , American express, Salesforce, Microsoft etc. Can anyone please share the required skill set and preparation strategy for these companies? YoE - 4 years Current skill set - Advanced SQL , Pyspark,Azure services, Hadoop ecosystem , shell scripting, Power BI

I am not very good at DSA.

Apple Microsoft Salesforce Amazon

like

I can't get through any interview. Am losing confidence

like

Bra suggestion for uneven breast?

like

Additional Posts in Consulting

Best Thing I Ever Ate: BBQ! Include the restaurant, city, and State and optionally the menu item. (Also, what food should be the next post's theme?)

like

Similar concentration techniques to Pomodoro timer?

like

going to be alt-traveling to Detroit at least once a month. need living accommodations once my marriott points inevitably run out. is Airbnb my best option?

like

I just signed an offer letter yesterday and today some guy called me about joining his project. Is that normal?

funnylike

This country is great. I have $200k in the same bank account where I applied 50k car loan application but the bank approve because I have only 1 loan history. They apparently need 2. Credit score 795. Fantastic!

likefunnyuplifting

Anyone need a referral for EY? Dm me directly, would be happy to help

like

What are typical backgrounds for people who go into product management at FAANG companies?

like

Can anyone elaborate on some B4 Human Capital type projects?

like

I take the water bottle off the FC armrest (where Delta puts a bottle for each person), stuff my bottle in the seat back pocket, and the dude next to me proceeds to put his drink down in that spot!?!

like

When you're flex tripping the next 3 weekends and remember that you didn't take out the trash. 💩

like

Anyone else trying to finally kick that nagging cough/cold before the break? Would hate to have any option short of “all the booze” while I’m on vacation.

likefunny

Stat up tech company in healthcare: 20% of company being laid off today; cross the board pay cut for remainder.
Looks like things will be getting worse.

like

Traveling during the Cubs game tonight and Delta of course has no live TV. Sad. :-( Go Cubs! ⚾️

like

Tell the truth: are you more productive at home than the office? How much more? How about your coworkers? Are they more productive in your estimation? And lastly, your whole team - is it more productive in a remote environment?

likefunnysmart

KPMG employees steal everything at the end

like

I am slated to start with Accenture early next year, However I wanted to relocate by the end of the 2022, does anyone know if that would be a problem? Or is there a minimum time obligation prior to transferring to a different region?

Currently a C at Deloitte (3.5 years since graduated UG) in my promotion year to SC. Being reached out to for project manager role at slalom. Would this be a good step up? Or stay put?

like

Are utilization targets (%) always based on 40 hrs/wk, I.e 90% utilization = avg 36 billable hrs/wk?

like
like

Post-MBA Consulting hire with background in FP&A/CorpFin type role at a industrial goods company. I want to eventually do Product Management, ideally in Tech or Consumer. What type of projects should I focus on doing over the next 2 years to get the right skills? i dont wanna stay till manager level, would like to leave within 2 years.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal