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  The world’s most famous strategy consultancies have a bullet-proof appeal as employers of choice.
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That’s according to the latest survey results from Vault. Their rankings for the most prestigious consultancies have barely changed in the last year, despite the helter-skelter ride that consultants have endured at many of the leading firms.

Surveying ~1700 actual consultants, the findings illustrate a number of interesting characteristics:

  • The B’s and M’s still win hands-down, with McKinsey first choice followed by BCG, Bain, Booz Allen Hamilton, Monitor and Mercer Management Consulting. Amazingly, none of the top six positions has changed year-on-year – despite redundancies and utilisation issues at almost all of these firms.

    >> Of equal note, not all strategy consultancies are perceived as equals. A long way below these big-hitters are firms ostensibly doing the same work, but with nothing like the same profile and awareness amongst consulting peers – firms such as OC&C; Strategy Consultants, Mars & Co and Corporate Value Associates all languish way down the rankings. For whatever reason, their brands just don’t carry the same cachet – in part probably owing to the lack of media coverage that they receive.

  • In second place, behind the tier of top strategy firms, are the big brand full-service consultancies – with Accenture, Deloitte Consulting, IBM and Cap Gemini Ernst & Young all featured in positions 10 – 20. Very public restructuring at these firms has, it seems, done little to harm the strength of their brands either.

    The two firms with the most to smile about are arguably Mercer Oliver Wyman and Roland Berger Strategy Consultants. They have both leapt into the Top 10 this year, Roland Berger most probably because of its efforts to expand into the US market in recent years. Oliver Wyman’s merger with Mercer’s financial services strategy and actuarial divisions also pushed it into the limelight and would seem to have done the firm no harm from the point of view of prestige. A little media coverage, it seems, can go a long way…
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