But what are the top consulting firms? We looked at a variety of “best of” lists to help uncover the top consulting firms firms in 2022 that span a variety of industries and types of consulting.
The Top Consulting Firms of 2022
Here are the top 15 consulting firms in alphabetical order to look at as you plan your career path in 2023.
Based in Dublin, Ireland, Accenture services clients in over 120 countries. It spun off from Arthur Andersen (an accounting company) as a business and technology consulting company. The strategy and consulting divisions provide advice on business and technology strategy, operations strategy, technology consulting, and business and management consulting.
>>MORE: Learn what it’s like to work as an Accenture consultant
Alvarez & Marsal was founded in 1983 and employs over 6,000 people. While it provides consulting services in areas like tax and valuation, the firm is most known for its work in restructuring and turnaround, as well as corporate performance improvement.
Bain & Company is a management consulting firm (while Bain Capital is the investment firm). Founded in 1973, the company is now one of the Big Three management consultancies. The company provides services in customer experience, people and organization, and procurement, among many others.
Also known as BCG, Boston Consulting Group was founded in 1963 (and is where Bain & Company spun off from) and has grown into a global consulting firm with over 25,000 employees. Another member of the Big Three, some of the industries BCG consults in are automotive, education, insurance, and retail.
Founded in 1845, Deloitte is one of the oldest firms in business. The company employs over 330,000 people and is a Big Four accounting firm. However, consulting accounts for over 40% of the firm’s total revenue and includes services in areas like customer and marketing, human capital, and enterprise technology consulting.
EY (also known as Ernst & Young) is one of the Big Four accounting firms and employs more than 300,000 people. While a majority of the company’s consulting services are related to accounting (like tax and advisory), the company also provides consulting services in strategy, operations, and human resources.
Kearney has provided consulting services since 1926 and now has offices in over 40 countries. The company offers advice in a wide range of industries, including aerospace and defense, consumer products, metals and mining, and the public sector.
Another Big Four accounting firm, KPMG employs over 236,000 people in 145 countries. Though KPMG was founded in 1987 as the result of mergers, the original establishment of parts of the company dates back to 1818. Most of the consulting KPMG provides is in audit, advisory, and tax sectors.
>>MORE: Test your consulting skills with a KPMG Virtual Experience Program
L.E.K. Consulting specializes in global strategy consulting and was founded by three Bain & Company partners. It primarily advises clients on corporate strategy, marketing and sales, mergers and acquisitions, and operations.
As the oldest and largest of the Big Three management consultants, McKinsey & Company consults with clients on operations and finances. The company employs approximately 30,000 people in over 120 countries.
Mercer is primarily an asset management firm. However, it also has several consulting units that advise clients on organizational change and leadership as well as human resources. The company employs 25,000 people in 43 countries.
OC&C is a global consulting firm. It provides consulting services to a broad range of companies, including B2B, consumer goods, digital business, leisure and hospitality, private equity, mergers and acquisitions, and retail.
13. Oliver Wyman
Oliver Wyman is a subsidiary of Mercer but is recognized as an independent consulting firm. Known for management consulting, the company works in industries like automotive, health care, telecommunications, transportation, and financial services.
Formerly known as PricewaterhouseCoopers, PwC employs over 250,000 people in 157 countries. The company provides a wide range of consulting services in three main areas: assurance, advisory, and tax.
>>MORE: Guide to Working at PwC
15. Roland Berger
Roland Berger specializes in management consulting. The company advises clients on mergers and acquisitions, restructuring, and managing large infrastructure projects.
Want to get a better idea of what a career in consulting is like? Enroll in a Forage consulting virtual experience program today!
We generated this list by examining rankings from three sources (Consulting.us, Vault, and Statista) and five different lists. These lists ranked companies that are best at serving clients, have won the most awards, are considered the best to work for, and are most prestigious. Companies appearing on at least four of these five data sets were selected for inclusion.
Image credit: chagin / Depositphotos.com