Praised as "the Rolls-Royce of the industry," McKinsey was ranked the number 1 consulting firm in Europe for the third consecutive year.
Consultants rank McKinsey as "Most Prestigious" consulting firm in Europe
Praised as "the Rolls-Royce of the indusctry," McKinsey was ranked the number 1 consulting firm in Europe for the third consecutive year in a survey by career information publisher Vault.com, one of the 50 exhibitors at The Consultancy Careers Fair, which is to be held October 9th and 10th at The Barbican in London.
More than 1,875 consultants from across Europe were asked to rate European consulting firms on a scale from one to ten, based on how prestigious they deem employment at each firm. Consultants were not permitted to rank their own firms and were asked to ignore any firm with which they were unfamiliar.
The top ten firms as ranked in the 2009 Vault Guide to the Top 25 Consulting Firms, European edition, are:
1. McKinsey & Company
2. The Boston Consulting Group
3. Bain & Company
4. Booz & Company
6. Oliver Wyman
7. Roland Berger Strategy Consultants
8. Monitor Group
9. A.T. Kearney
10. OC&C Strategy Consultants
Prestige rankings for the top 10 firms have remained the same for the second successive year, however, further down the prestige table, four new firms entered the top 25--PricewaterhouseCoopers (#11), Ernst & Young (#15), AlixPartners (#22) and HorvAith & Partners (#25).
In addition to overall prestige, Vault asked consultants to rank the best firms in six different practice areas, including Pharmaceutical & Health Care Consulting and Human Resources Consulting. McKinsey dominated once again, taking the top ranking in four out of the six. Consultants were also asked to rate their own firms in a variety of quality of life and diversity categories including overall satisfaction, hours in the office, interaction with clients and work/life balance. According to survey respondents, the No.1 firm to work for is Bain & Company, whose own consultants praise the firm for its "incredibly welcoming and friendly" culture.
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