Working side-by-side with their clients, they bring out their collective best through honest communication, respect and a passion for solving problems together. If you think there is a company that deserves to be on our upcoming prestigious annual list of Top 10 Risk Management Consulting/Service Companies , please write to us about them and the reasons you think they need to be on the list. The firm is also committed to sharing its diversity and equity values, as well as its environmental, social, and governance practices. Are you nervous about your Interview in Consulting Firm? Boston Consulting Group, Inc, also known as BCG. Apart from that, you need a certification, at least 2 years of experience and the required skill set. Genesis ownership is made up of various professionals with technology, management and consulting experience gathered from Big 4 accounting firms to larger regional and national accounting firms, Iceberg Networks plans, deploys, and manages successful programs for Integrated Risk Management (IRM). Stax is a global management consulting firm serving corporate and private equity clients across a broad range of industries including software/technology, healthcare, business services, industrial, consumer & retail, and education. Over the years, the organization has received substantial support from Bain, with whom it has maintained a close relationship. Bain has received many awards and accolades, including being named to the top three of Glassdoors 2022 Best Places to Work list. In other words, vendor risk management policy needs to be rigorous enough to account for both sets of threats. Similar to McKinsey, BCG covers most industries and geographies across the world with 90 offices in 50 countries. Risk may vary from vendor to vendor and department to department. By the latest reckonings, Tata Consultancy Services (TCS) is the largest and most valuable IT services provider in the world. As a result, McKinseys alumni pool has generated the greatest number of Fortune 500 CEOs. With active partner engagement, Keystones teams develop and implement recommendations to address its clients most complex business challenges. has become a major player in the global management consulting space. Serving more than 50% of the S&P 500, corporate recovery specialist Kroll, LLC is no stranger to receiving honors for being one of the top consulting firms in the world. In June 2021, Capgemini partnered with Sanofi, Orange & Generali to launch Future4care, a European start-up accelerator focused on digital healthcare. The Boston Consulting Group, Inc. (BCG) is a management consulting firm that was established out of Boston in 1963. Consulting is an international management consulting firm that offers professional services in corporate strategy, mergers, acquisitions, and operations. 6. 28. While each industry manages vulnerabilities in its specialized way, consulting firms have little choice but to tackle the following risks head-on. Want to Know How We Can Help to take Your Masters Application to Next Level? These three companies are the most prestigious management consulting firms to work for. ClearView Healthcare Partners There are numerous factors to take into account when deciding which consulting business would be the best fit for you if youre an aspiring consultant, so dont limit yourself to the Top 3 (MBB) consulting firms. With the consultation of Huron, clients have been empowered to improve performance, resolve disputes, leverage technology, comply with complex regulations, recover from distress, and stimulate expeditious growth. This includes placing in Best Places To Work In Chicago in 2020 and 2021 and being honored as one of the Best and Brightest Companies to Work For by the National Association for Business Resources for four consecutive years. The firm invests deeply in training and fostering entrepreneurship in its own employees so they can bring the most impactful solutions to clients. Edit or remove this text inline or in the module Content settings. The firm categorizes its consulting methodology into four areas: reveal, unhook, invent, and implement. In addition to financial success, the firm frequently receives top accolades from the likes of Fortune, The Financial Times, and Vault. Founded in 1989, Cornerstone Research is a litigation consulting firm based in San Francisco, California. The material in the course has helped6,000+ students across 13+ countries land offers at top-tier consulting firms such as McKinsey, BCG, and Bain. services nearly all industries and functions, it is best regarded for its work in healthcare and private equity. It is top research consulting firm extending its services in providing expert advice and tools for leaders in IT, Finance, HR, Customer Service, and Support, Legal and Compliance, Marketing, Sales, and Supply Chain functions across the globe. Services: BCG is known for its work in the areas of retail, health, care, and chemicals. In 2019 and 2020, Gartner stated that Deloitte was the No. These weaknesses inherently compound when business is engaged in the transfer of data with another organization. When the phrase "top consulting firms" is heard, almost everyone imagines McKinsey, BCG and Bain - the "Big Three" consulting firms with the highest prestige. It specializes in helping clients to affect the greatest possible change with their charitable donations, and advises clients against spreading donations too thinly so "that they have no real impact. They are the ones to guide down the companys plan of action in order to achieve the companys objectives or make up a strategy before the start of a new project. The firm has experienced professionals in almost 20 industry groups who consult on nearly every aspect of business, from finance and technology to operations and compliance as well as risk mitigation, mergers and acquisitions, strategy, cybersecurity and workforce management. With more than 5,000 employees across 85+ offices in over 25 countries, global consulting firm Protiviti has made tremendous progress during the past two decades. L.E.K. 38. The "Big 5" consulting firms generally refers to the world's largest consultants . Mercer has its offices in more than 180 cities across 40 countries with an employee network of more than 21,200. In 2002, Protiviti was formed with the recruitment of more than 700 Arthur Andersen staffers (in the wake of its collapse), including some 50 partners of the firm. is a management consulting firm that services nearly all industries and functions. They have over 3,000 employees and 50+ offices worldwide. Now, more than 50 years into its history, Capgemini boasts more than 270,000 employees in dozens of countries. Simon-Kutcher & Partners: A global strategy consulting firm based in Germany with 1,200 employees and 38 different offices. Headquartered in New York City, the firm now has nearly 5,000 employees across 30 countries and territories. FTI Consulting UK helps organizations mitigate risk, manage change, resolve disputes, and achieve their full potential through expert and knowledgeable guidance. This consulting firm specializes in technological issues employing scientists and engineers as their consultants. ProAssurance professionals possess deep knowledge of underwriting, risk management, and claims handling, all while representing a unique pledge to treat clients and all involved fairly. For that reason, itworks with clients to create innovative and adaptive solutions that excel in todayssecurity climate. In 2018, NERA was ranked second in Vault's annual survey of the top firms in economic consulting. 50 - 249. Rolfe founded Keystone with the goal of creating a firm that placed service to its clients above its own interests. Kaiser Associates was founded as a spin-off from Strategic Planning Associates (now Oliver Wyman) by Michael Kaiser and is now based both in Washington D.C., and London, with a third office in So Paulo. McKinsey & Company: The oldest and largest firm out of MBB has over 30,000 employees, 130+ offices around the world, and $10.5B in annual revenue. BCG has a reputation for innovation has been one of the first companies to focus on thought leadership. Named for its founder, the firm pioneered the concept of contracted professional services and played a key role in the development of the word processor, the first synthetic penicillin, LexisNexis, SABRE, and NASDAQ. These firms are the best in their fields with very high standards and, therefore, gaining employment there in a good position is not a mere cakewalk. Digital transformation and consulting firm Capgemini works to bring innovative solutions to corporate clients around the world. The battle for a healthcare.gov contract with The Centers for Medicare & Medicaid Services has endured a long series of bid protests. Today, more than 140 years later, CIAL Dun & Bradstreet continues their proud tradition in Latin America as the official partner of the Dun & Bradstreet Worldwide Network in the region. CSG Government Solutions (CSG) is a national leader in IT management consulting for complex projects that modernize the technology and business processes of large government programs. EY Parthenon, with the well-known shorthand of EY-P or EYP, is Ernst & Young's global strategy consulting division. Its no understatement to say that the Mumbai-based firm possesses top-level talent on a wide variety of IT services, but it is perhaps best known for its work in application development and management as well as its work in enterprise solutions and outsourcing particularly its lauded enterprise application TCS Crystallus. Grant Thornton LLP is one of Americas largest audit, tax and consulting firms. 42. 80% of AmLaw 100 firms, 50% of Fortune 100 companies, and 25% of Fortune 500 companies use The Brattle Groups expert services. It has a number of awards in its name such as Consulting Magazines 2016 Best Firms to Work for and was ranked in the Fortune magazine as the 100 best companies to work for in the year 2018. Headquarters: Menlo Park and San Ramon, CA. The Consulting Report. Teneo was founded in June 2011 by Declan Kelly, Paul Keary, and Doug Band and currently has more than 1,450 employees located in 40 offices. 4. Crowe is driven by a workforce of more than 4,400 professionals and experts, and has been recognized by Fortunes 100 Best Companies To Work For list. They have a stronger presence in Europe. Gartner has a large client network including big corporations, government agencies, technology companies, and the investment community. The firm focuses on delivering integrated solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. Prescio. It employs nearly 32,000 professionals in 90 offices and has an annual revenue of $568 million. WSP & Golder. While this years awardees offer their services across a wide variety of sectors and geographies, and often have very different methods of approaching the problems they solve, what they do have in common is the ability to produce results for their clients. This includes the 2018 acquisition of Kroll, which was used in the firm's renaming process that was completed in 2022. Their official website is www.phillipsconsulting.net. CAPAX has earned the reputation as a nationwide leader in insurance and employee benefits services, providing Strategic and Innovative solutions for their clients. 5. Strategic Communications handles public relations services for customers managing financial, regulatory and reputational challenges. McKinsey & Company works with the world's most renowned organizations in the industry, government, and society. Corporate Finance and Restructuring provides business turnaround services, including support for restructuring, litigation, insolvency, and interim management. This year, IBM teamed up with the USTA to deliver all-new, all-virtual signature experiences for the U.S. Open, leveraging both IBM Watson and IBM Cloud. . Headquarters: Washington, D.C. With an entry deadline of June 30, 2022 and winners announced in the fall, the program provides a platform for organizations to communicate their ESG stories and be recognized for their accomplishments whether they are just starting their ESG journey or are well on their way. A consulting firm might also come handy in the time of crisis. Headquartered in Waltham, Massachusetts, RTX researches, develops, and manufactures advanced technology products in the aerospace and defense industry including aircraft engines, cybersecurity, guided missiles, air defense systems, satellites, and drones. 20. Huron, which was founded in Chicago, Illinois 20 years ago, has just under 4,000 employees across 25 locations in North America, Europe, and Asia-Pacific. Over the years, CSG has attracted many of the most respected senior experts in the government programs they serve. Over its 60 years of continuous operations, as Giddings, Corby, Hynes, the company has grown to its present position as one of the premier U.S. retail brokers. IBM iX provides hybrid data management solutions powered by AI that carry the advantages of a modernized information architecture, simplifying data collection and management as well as making processes smarter with automation containerization built on open platforms. KPMG provides adept consultation for highly varied situations. 1. 5. ClearView combines international industry knowledge and deep scientific expertise across a range of therapeutic areas with an extensive network of external stakeholders to deliver practical and actionable recommendations. With headquarters in Chicago, Crowe Horwath often appears in the list of top accounting firms in the world and has a portfolio that includes risk and performance consulting, advisory, tax and audit services. Accenture plc is a global management consulting, technology services and outsourcing company headquartered in Dublin, Republic of Ireland. EY Parthenon The firm is committed to a culture of inclusion and diversity and a focus on community engagement. The basic ways of investment in big companies through top risk management consulting firms are given below: In addition, a debt note represents a loan made by an investor to a borrower. BambooHR is one of the most comprehensive and popular HR software providers today. Copyright Hacking the Case Interview 2022. Among its numerous awards, in 2007 L.E.K. Cornerstone Research provides economic and financial analysis and expert testimony to attorneys, corporations, and government agencies involved in complex litigation and regulatory proceedings. Simon-Kutcher & Partners: A global strategy consulting firm based in Germany with 1,200 employees and 38 different offices. Headquarters: New York, NY. Publicis Sapient has a fascinating history of collaboration and cross-pollination with its French parent company, Publicis, and its fellow subsidiary Sapient Razorfish. Ultimately, the firm specializes in audit, tax, and advisory services. The rapid, widespread embrace of remote work policies driven by the COVID-19 pandemic has placed cybersecurity as a focal point of business success. The firm has followed the trends of the sector by augmenting its service portfolio to include markets adjacent to accounting, adding strategy, operations, HR, technology, and financial services consulting. Some prestigious firms are popular in America. They have 1,200 employees in 40 offices around the world. Booz Allen Hamilton has evolved from its humble beginnings 107 years ago when it was started by Edwin G. Booz as a service offering impartial advice to then-nascent organizations such as Goodyear, Canadian Pacific Railway, and the like. In the United States, RSM is one of the largest and most profitable accounting firms. IT consultantOnce you are through the process of being a consultant, you would like to know about the top consultancy firms willing to hire you. Are You Planning on making your careers in Consulting & Finance Sector? Its platform contains everything your organization needs: core data and analytics features, hiring and onboarding tools, time tracking, compensation and PTO management, and performance management, among other tools. It was founded in the year 1924 and is a limited liability partnership. The Bridgespan Group is a U.S. nonprofit organization launched in 1999 and based in Boston, Massachusetts that provides management consulting to nonprofits and philanthropists. With its recent acquisition of earth sciences and environmental consulting firm Golder, WSP has approximately 14,000 of its . They are known for being academic thought leaders. ZS has been awarded for its firm culture by Consulting magazine several years in a row and was chosen by Forbes magazine as one of Americas best management and consulting firms in 2019. . At the time, the firm was known as Marsh & McLennan. 26. Based in Morrisville, North Carolina, Syneos Health is a biopharmaceutical solutions management consulting firm making waves in the life sciences industry. After completing the basics of becoming a consultant, one needs to be more specific about the area of consultancy he or she is willing to head. FTI Consulting (Hybrid) FTI Consulting is a business advisory firm and is one of the largest financial consulting firms in the world. In addition, as of 2020, PwC US has been on Fortune's 100 Best Companies to Work For in the US for 16 years. By some estimates, there are thousands of consulting firms around the world. It is a global security consulting firm with partner clients like the U.S. Department of Defence and other government agencies. They have a strong client association with more than 12,000 organizations in over 100 countries. Headquarters: Boston, MA. Openlink. Founded in 1990, Insigniam handles enterprise-scale transformation, transformational leadership, and managing change as a leading management consulting firm. If you found this article helpful, youll love our comprehensive case interview course. Crowe LLP is a public accounting, consulting, and technology firm headquartered in Chicago and with offices around the world. It is distinguished by the clarity of its insights and the credibility of its experts, which include leading international academics and industry specialists. In 2014, Grant Thornton was named one of the 100 Best Companies for Working Mother. The Bridgespan Group About 25% of its work comes from clients in Europe and Asia and 40% has a major international component. Plante Moran is among the nation's largest certified public accounting and business advisory firms. Oliver Wyman The firms founders, Tony Alvarez II and Bryan Marsal, have led the firm in a fact-driven and action-oriented manner, sharing duties as co-Chief Executive Officers and working to help clients turn areas of stagnation into growth to achieve sustainable results. Since then, Protiviti has expanded rapidly, reporting revenue that surpassed the $1 billion mark for the 2019 fiscal year. #12. The firm offers tailored solutions to a broad range of publicly- and privately-held organizations across a wide range of industries, government agencies, financial institutions, and civic and religious organizations. It has a working staff of more than 286200 with major services locations in China, India, Hong Kong, and many other 100 countries. Since 1983, when NERA was acquired, it has remained a part of the Oliver Wyman Group, a subsidiary of Marsh & McLennan Companies, Inc. Its headquarters is located in the heart of silicon valley in San Jose, California. Its diverse teams leverage expertise in business, technology, and economics, and as a result, their work includes digital transformation, innovation, AI/ML, data analytics, algorithms, ecosystem strategy, process optimization, antitrust, intellectual property, and tax transfer expertise. 47. CohnReznick recently launched its Gamechangers in ESG Awards program to recognize U.S. businesses that are changing the game through their commitment to environmental, social, and governance (ESG) strategies and practices. In 2019 and 2020, Gartner stated that Deloitte was the No. India's leading management consulting firm. Its headquarters is located in New York City with 127 offices spread across the world. Deloitte is a storied institution that traces its roots back to its founding in 1845. BGIs clients' first approach makes it incredibly successful in the security solutions market even without a sales team, BridgeRM helps banks, mortgage banks and government entities with growth and Risk Management (the "RM" in BridgeRM). Alvarez & Marsal Accenture is an Irish professional service that provides consultancy at a global level, about 120 countries. Prescio Consulting is a financial and information technology consulting firm with experience in risk management, financial modeling, systems administration, IT, and software development. PricewaterhouseCoopers (PwC) is a behemoth in the world of accounting and consulting services. Major project achievements include assisting the U.K. government on the privatization of passenger train operating companies in the mid-1990s, providing strategic and commercial advice on the world's largest airline merger in 2007, and opening its fifth European office in Madrid, Spain in 2021. Its headquarters is located in Boston, Massachusetts, United States. Meanwhile, Putnam has also become the strategic partner of choice for venture-backed biotech companies, franchises, and a range of others in the life sciences space. A degree in the area of business, management, finance or analytic studies is the basic prerequisite when planning your career in a consulting firm. Headquarters: San Francisco, CA. In 2008, it was mentioned in Ethisphere Institute's "World's Most Ethical Companies". That's why the globally acclaimed multinational firm provides data driven risk advisory services and insurance solutions to its clients. 9. The firm prides itself on its creative and energetic staff, cutting-edge technology and research, and its work with academic and industry experts. HQ: Boston, Massachusetts. The next tier of consulting firms are all well-known, but do not have the same prestige as MBB. It employs 22,000 and operates out of more than 90 cities worldwide in over 50 countries. In 2021, Putnam received numerous top honors, including being ranked by Vault as the #1 Consulting Firm for Health and Wellness. Their audit, tax and advisory services are really . The firm has also made a 10-year commitment to invest more than $1 billion in pro bono services to bring its expertise and insight to organizations tackling todays urgent challenges in education, racial equity, social justice, economic development, and the environment. Of the remaining management consulting firms, we grouped them into three different tiers: The top-tier consulting firms are collectively known as MBB, which stands for McKinsey, BCG, and Bain. Find detailed reviews of top Management Consulting Companies in Canada for consulting services. Bain & Company. 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