Alle Fragen zum Tag prestige - Consulting Q&A - PrepLounge.com

Hello!

Key thing is first to define what prestige is.

This is not linked only to revenues -actually, it´s not the key KPI to consider here either-. That only talks about your volume.

Usually, when it comes to MBBs, you measure prestige based on the alumni and the clients the company serves -which, funny enaugh, is well connected-. This also links to what you were mentioning in your post about exit options.

This said, and knowing that in this industry changes are slow, does not seem to change that McKinsey will loose the lead to BCG.

The articles and press you mention is somehow annecdotical.

Hope it helps!

Cheers,

Clara

Hi Anonymous,

The notion of prestige is debatable, but assuming it refers to the general perception of the brand, the only two firms with a strong consulting brand between the Big 4 are Deloitte thanks to the acquisition of Monitor (merged also as a brand name) and PwC thanks to the acquisition of Booz (not merged as a brand name), as also mentioned by Julien. Before such acquisition, Deloitte had already a consulting arm. The general perception of the two firms is therefore generally based on the following:

1. Booz was generally considered stronger than Monitor;
2. Strategy& is branded separated from PwC, while Monitor is not from Deloitte;
3. Deloitte did have a consulting arm before the acquisition, while PwC did not.

The first two elements support PwC while the latter Deloitte, so you will probably find people who will consider Strategy&/PwC superior and others that will consider Monitor/Deloitte superior as of today. This in general terms; at local level, things could be perceived differently, and in certain geographies PwC/Strategy would be considered definitely better than Monitor/Deloitte, and the other way round.

At the following link you can also find a comparison between the different firms based on some other criteria. In their review, they put Deloitte as top for consulting, but since the Strategy& brand is separated from PwC, that’s again debatable:

http://news.efinancialcareers.com/uk-en/204621/working-for-pwc-deloitte-ey-and-kpmg-whats-the-difference

Besides an analysis of prestige, I think it could also be useful for you to consider exit opportunities (in many countries, consultants stay 2-3 years, so that’s not such a remote option even if you are still considering where to go). The simplest thing to analyse that would be to take a look to LinkedIn and check which have been the exit paths for people coming from Strategy& and Monitor Deloitte in your target geography.

Hope this helps,

Francesco

I view RB as clear #4 in Europe: Not MBB, but above the rest. Picture not as clear in the US due to their small presence there - but at least the former consultants know not to compare it to some obscure boutique.

Exit opportunities definitely on paar with best of the Tier 2 (i.e., nearly same as MBB) I would expect. When I look to hire someone and all else equal, I'd view RB as above ATK, Strategy&, Monitor... The thing is, all else is never equal -> RB will put you in the mix, next step is completely on you.