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The Vault Consulting 50 was compiled using a weighted formula that reflects the issues consultants care most about. This ranking combines a firm's overall prestige score with several factors from Vault's "Best to Work For” ratings.
Survey Methodology:
When it comes to choosing an employer, there is no question that prestige is important. However, our survey data indicates time and again that many other factors come into play when weighing a choice--and even more that affect employee satisfaction in the months and years after the decision has been made.
Did you know that for more than 40% of consulting firm candidates, firm culture was the most important factor in selecting an employer? Other top factors include practice strength and work-life balance, in addition to prestige and compensation.
But choosing an employer is only part of the equation--staying there over a period of time is something else entirely. And while elements like firm culture, compensation and work-life balance remain important as part of that picture, other factors such as satisfaction and the ability to make career progress also emerge as critical differentiators of top employers.
In order to properly reflect a company's status as an employer within the consulting industry, the Vault Consulting 50 is based on the following weighted formula:
30 percent prestige
15 percent satisfaction
15 percent firm culture
15 percent compensation
10 percent work-life balance
10 percent overall business outlook
5 percent promotion policies
As ever, our survey is only open to consultants who are currently employed at reputable firms in the industry. When rating quality of life issues, consultants are only permitted to rate their own firm. For prestige and practice area rankings, however, consultants are only allowed to rate competitors, and NOT their own firms.
2015 Rank | 2014 Rank | Change | Company | Score | Location |
---|---|---|---|---|---|
1 | 2 | ▲ | Bain & Company | 9.189 | Boston, MA |
2 | 1 | ▼ | McKinsey & Company | 9.159 | New York, NY |
3 | 3 | — | The Boston Consulting Group, Inc. | 9.009 | Boston, MA |
4 | 4 | — | Strategy&, part of the PwC network (formerly Booz & Company) | 7.977 | New York, NY |
5 | 7 | ▲ | Deloitte Consulting LLP | 7.869 | New York, NY |
6 | 5 | ▼ | PwC (PricewaterhouseCoopers) LLP (Consulting Practice) | 7.607 | New York, NY |
7 | 35 | ▲ | The Brattle Group | 7.437 | Cambridge, MA |
8 | 6 | ▼ | Oliver Wyman | 7.426 | New York, NY |
9 | 18 | ▲ | The Cambridge Group | 7.414 | Chicago, IL |
10 | 10 | — | Accenture | 7.368 | New York, NY |
11 | 8 | ▼ | The Parthenon Group | 7.302 | Boston, MA |
12 | 12 | — | L.E.K. Consulting | 7.28 | Boston, MA |
13 | 16 | ▲ | Cornerstone Research | 7.22 | San Francisco, CA |
14 | 14 | — | Insight Sourcing Group | 7.213 | Atlanta, GA |
15 | 20 | ▲ | The Chartis Group | 7.209 | Chicago, IL |
16 | 22 | ▲ | Point B | 7.204 | Seattle, WA |
17 | 9 | ▼ | A.T. Kearney | 7.199 | Chicago, IL |
18 | 23 | ▲ | KPMG LLP (Consulting Practice) | 7.161 | New York, NY |
19 | 15 | ▼ | ClearView Healthcare Partners | 7.087 | Newton, MA |
20 | 17 | ▼ | Alvarez & Marsal | 7.084 | New York, NY |
21 | 19 | ▼ | Censeo Consulting Group | 7.076 | Washington, DC |
22 | 27 | ▲ | Milliman, Inc | 7.071 | Seattle, WA |
23 | 11 | ▼ | Analysis Group, Inc. | 7.063 | Boston, MA |
24 | NR | — | ScottMadden Management Consultants | 6.993 | Atlanta, GA |
25 | 32 | ▲ | Roland Berger Strategy Consultants | 6.957 | Detrc |
26 | 13 | ▼ | Charles River Associates | 6.946 | Boston, MA |
27 | 26 | ▼ | Clarkston Consulting | 6.896 | Durham, NC |
28 | NR | — | CapTech | 6.892 | Richmond, VA |
29 | 21 | ▼ | Strategic Decisions Group | 6.883 | Palo Alto, CA |
30 | 31 | ▲ | Health Advances, LLC | 6.828 | Weston, MA |
30 | 25 | ▼ | Kaiser Associates | 6.828 | Washington, DC |
31 | 34 | ▲ | Putnam Associates | 6.812 | Burlington, MA |
32 | 38 | ▲ | Novantas, Inc. | 6.807 | New York, NY |
33 | 44 | ▲ | OC&C Strategy Consultants | 6.758 | London |
34 | 29 | ▼ | Bates White Economic Consulting | 6.677 | Washington, DC |
35 | 33 | ▼ | Jabian Consulting | 6.636 | Atlanta, GA |
35 | NR | — | Protiviti Inc. | 6.636 | Menlo Park, CA |
35 | 45 | ▲ | Triage Consulting Group | 6.636 | San Francisco, CA |
36 | 50 | ▲ | Smartronix, Inc. | 6.629 | Hollywood, MD |
37 | 41 | ▲ | Simon-Kucher & Partners | 6.616 | Cambridge, MA |
38 | 24 | ▼ | Mercer LLC | 6.603 | New York, NY |
39 | 40 | ▲ | Ricardo Strategic Consulting | 6.6 | Detroit, MI |
40 | 43 | ▲ | AlixPartners, LLP | 6.534 | Southfield, MI |
41 | 30 | ▼ | NERA Economic Consulting | 6.528 | New York, NY |
42 | 43 | ▲ | FTI Consulting, Inc. | 6.517 | Washington, DC |
43 | 49 | ▲ | Navigant Consulting, Inc. | 6.389 | Chicago, IL |
44 | 39 | ▼ | Avasant LLC | 6.367 | Los Angeles, CA |
45 | NR | — | Daugherty Business Solutions | 6.366 | St. Louis, MO |
46 | NR | — | Crowe Horwath LLP (Consulting Practice) | 6.284 | Chicago, IL |
47 | 42 | ▼ | Trinity Partners, LLC | 6.282 | Waltham |