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4 Types of Consulting Firms

Tom Spencer

The leading firms that are generally associated with strategy consulting are McKinsey , BCG and Bain , also known as the MBBs. They are assigned to service areas, industry verticals, or both. Service areas – or functional areas – can include strategy, operations, technology, human resources, mergers and acquisitions, among others.

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The Consulting Value Proposition

Tom Spencer

The benefit of bringing in specialist consultants is that they are likely to have experience solving similar problems and an understanding of industry best practice. Turnarounds. An example from 2014 occurred when McKinsey poached two partners from AlixPartners, one of the world’s best-known restructuring firms.

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List of strategy consulting firms in Hong Kong

Tom Spencer

McKinsey & Company. Established in 1989, Accenture operates in more than 120 countries worldwide. Founded in 1983, A&M operates in 38 cities worldwide. Applied Value offers strategy, finance, and operations management services. Kearney operates across 55 locations world wide. Boston Consulting Group.

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List of strategy consulting firms in London

Tom Spencer

Alpha is a leading global provider of consulting, benchmarking and implementation services to financial institutions with a particular focus on the asset and wealth management industries and the companies that service them. A&M specialises in turnaround and interim management, performance management and business advisory services.

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The consulting case study: What you need to know

freshminds

Different industries need to test different skills and therefore depending on whether you’re applying to management consultancies, strategy consultancies or investment banking, your case study will be slightly different. Operational Cases: Operations Case, Increasing Sales, Reducing Costs, Improving the Bottom Line, Turnarounds.

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Management Consulting versus Investment Banking

Management Consulted

In my time at McKinsey, easily half the people who left the firm went into the financial world (from hedge funds to PE), and salary was undoubtedly a major factor in the decision. At the Big 3 (Bain, Boston Consulting Group, McKinsey), you can expect travel 50-75% of the time. Relationship with coworkers, managers, and firm.

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FTI Consulting Interviews and Culture

Management Consulted

Compared to its peers, FTI Consulting is a youngster in the consulting industry. Luczak pioneered solutions at the intersection of law, communications and technology that affected not only the cases he was involved in, but the industry itself. Dispute, litigation and investigations services for construction industry.