Vault's Careers Blog

Career advice and job search strategies for the modern careerist

The Top 50 Most Prestigious Consulting Firms

with 10 comments

As I explained last week, our primary consulting ranking this year is a composite score that takes into account both quality of life rankings (as determined by a firm’s own consultants’ votes) and prestige rankings (or, outsiders’ rankings of consulting firms other than their own). Both sides of the equation are critical to choosing an ideal employer. But when selecting an employer, a good first impression of the company is to gauge how outsiders view its reputation in the industry. This is why the Vault prestige ranking is such an integral tool for job seekers.

The 89 firms included in this year’s Vault Consulting Survey were asked to rate each consulting firm in the survey on a scale from 1 to 10 based on prestige, with 10 being the most prestigious. Consultants were unable to rate their own firm, and they were asked to rate only those firms with which they were familiar. Vault collected the survey results and averaged the score for each firm. The firms were then ranked, with the highest score being No. 1, down to No. 50. Remember that Vault’s top-50 prestigious consulting firms are chosen by practicing consultants at top consulting firms. Vault does not choose or influence these rankings. The rankings measure perceived prestige (as determined by consulting professionals) and not revenue, size or lifestyle.

This year’s prestige ranking shows a startlingly low rate of movement from last year. The top-10 firms are entirely the same, with some slight adjustments in positioning: HR consulting firm Mercer LLC moved up two spots, while both Monitor Group and PwC moved down one notch. Firms that made some of the larger jumps in the rankings (A.T. Kearney, ZS Associates, Diamond Management & Tech Consultants) suggest that the factors that improved firms’ perception in the industry are stability in the face of recession and targeted industry focus. Strategic IT consulting is on the rise as companies seek to streamline their processes and cut down on back-office costs, and health care consulting will continue to play an integral role as the new legislation continues to unfold.

We’ve also added some new firms into the mix this year. Grant Thornton (No. 28) is a large, well-known accounting/consulting shop, while The Cambridge Group (No. 35) has made a name for itself in the growth strategy space, focusing on customer demand. We also dug deeper into some of the hot industries right now, adding a few more health care consulting shops (The Hackett Group, Campbell Alliance Group and The Chartis Group), and a couple from the increasingly-in-demand turnaround management realm (see: CRG Partners Group).

All in all, our prestige list provides a comprehensive roadmap of who’s who in the consulting industry—ranging from big consulting shops to smaller, niche firms, and spanning a vast swath of industries. Stay tuned next Tuesday for our release of specific practice area rankings.

–Posted by Naomi Newman, Consult THIS

10 Responses

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  1. Nice post! Thanks for the very informative article.

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    Gerard La Tournerie

    December 9, 2010 at 4:51 pm

  2. Dear Sir

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    Please give your valuable feedback.

    Waiting your reply.
    Debasis Dhal.
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    debasis dhal

    February 16, 2011 at 12:28 pm

  3. Dear Sir
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    Waiting your reply.

    Debasis Dhal.
    +249 903843215.

    debasis dhal

    February 16, 2011 at 12:31 pm

  4. Good article , We hired a small/medium Consulting firm for our business a few months ago .
    They did a outstanding job and they were not as expensive as the big firms are.
    We are currently working with them for our offices in China and South America as they offered a complete Team to our service and we could contact them 24/7 in order to change or modify and business plan we whant.

    I believe that this could help others because its not always the big firms that provide the best solutions and most important, provide the best service.

    Michael Scheks

    Michael Scheks

    February 24, 2011 at 5:47 pm

  5. Hello sir,

    I am a MCA (Master of Computer Applications) fresher and looking for a job of software developer. If you can suggest something, kindly inform me at my mail ID.


    Sumit Saxena

    May 9, 2011 at 4:00 am

  6. i completed BTECH in the yr 2009 in information technology. pls suggest me a way which will be suitable for me.

    Sourav Chakraborty

    May 29, 2011 at 6:07 am

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