Hey there, I am about to apply for a position in strategy consulting in the DACH region. from what i've read, strategy& is considered tier 2 (at same level with OW, RB), whereas EY Parthenon or Deloitte Monitor is considered tier 3?
What exactly is the reason for that? Is it that Booz & Company had higher ranking/status compared before being acquired by PwC compared to OC&C (acquired by EY) and Monitor (acquired by Deloitte)? Or is there any other reason?
Thank you!
(editiert)
Hi there,
Good question. I would consider as main reasons the following:
Having said that, Strategy& had several employees leaving after the merger which affected the company. The perception of the brand is also country-dependent.
Best,
Francesco
Hello!
I would agree with you overall, although this also can vary region by region, so careful there.
The reason behind it is that before being integrated in the Big4, Booz was indeed a strategy consulting company by itself, with it´s raking and status.
Hope it helps!
Cheers,
Clara
Hi there,
You're right in regards to the positive impact Booz's status had prior to the acquisition.
That said, these things are complicated. Why x company is superior is often due to a number of factors. That said, generally, a company that specializes will do better than one that doesn't. You're asking about strategy consulting rankings. The Big4 do a lot of things, i.e. they don't specialize but rather operate in many spaces (implementation, tech, etc). Strategy& does solely strategy consulting and is therefore better positioned to take a lead in strategy consulting rankings!
Hey there,
great question and you gave part of the answer already (Booz). In addition, S& also clearly positioned itself closer to MBB than the other Big 4 "strategy arms". You can see that in the salary they are offering (competetive to MBB, in some cases even higher in TC) and the projects they are doing (clear strategic focus).
Let me know if you need help in the preperation.
Best
Torben
There are a few different reasons for this.
In general:
However, its position does vary a lot by region. It has retained highest prestige in markets where either Booz was early into the market or the level of integration with PwC is low. This tends to be the Middle East, the US and DACH followed by W. Europe and Asia.
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