Thank you! For the sake of discussion, let's assume you are asking about the management consulting businesses, i.e. Would this be possible? There are huge differences even among the Big 4 Consulting arms, let alone the different service lines each as. Smaller strategy houses are being acquired by Big 4 firms to quickly boost capability (e.g. Many consulting firms offer master’s students the same positions as undergraduate students. ! I'm at a crossroads in life and thought of asking this community for advice. I'm currently a Senior Associate at a Tier-2 firm (ATK, OW, S&) based in Dubai. Consultant Salaries for Master’s and PhD Students. The basic difference between MBB and the Big 4 (Deloitte, E&Y, PwC, and KPMG) is that while MBB provide strategic management consulting, the Big 4 focus on accounting. However, many of the Big 4 have now also a strategy branch, thanks to the acquisition of Booz (PwC), Monitor (Deloitte) and Parthenon (EY), thus moving towards strategy and more direct competition with Tier 1 and Tier 2 companies. In other firms, salaries are sometimes adjusted to account for living costs. Hey guys, I'm hoping to secure an offer for management consulting at the big 4 but would like to make the transition to corporate finance once I have some experience in consulting. ... help Reddit App Reddit coins Reddit premium Reddit gifts. I know people who have made the transition from audit to corp finance but not from advisory. Management/strategy consulting is a very competitive field and Big 4 in general has a sort of label attached to it that will make it difficult to make the jump without an MBA (consulting firms are pretty elitist). Hi Anonymous, Big 4 and MBB have a different focus in terms of projects.Specifically, Big 4 work more on implementation projects rather than strategy. McKinsey, Bain and Boston Consulting Group (BCG) – known collectively as the MBB firms, or the Top Three– have formed the elite the consulting world for years – they pay the most, and provide the best opportunities for a subsequent career in the corporate or financial world.. I'll chime in on McKinsey's opinion on why he thinks Deloitte is the preferred consulting firm of the big 4(Deloitte, PwC, E&Y, KPMG), I would think he shares the same sentiment. strategy vs the other areas (Tech), since you posted this in the consulting forum. Accordingly, Big 4 consultants tend to work with the client’s middle-management, rather than with its C-suite. I worked in MC at both Accenture and Advisory (the MC practice) at PwC. Monitor by Deloitte and Booz by PWC) Big 4 does give you a good shot at a top MBA program so thats probably your best bet. I've spent 4 years … For example, a Big 4 consultant working in New York often receives a slightly higher salary than a Big 4 consultant in Dallas. Here are a few differences: 1. The Big 4 do offer strategy consulting, such as Strategy& at PwC and Monitor at Deloitte, but this is a much smaller percentage of their total revenue. Hello r/consulting, it's been fun memeing with all of you these past few months. A management consulting role out of a mid-tier firm (which is one of the firms that rose from the ashes of AA) specially doing analytics of some kind. Some of the answers here are terrible. That he brands big 4 as management consulting is very suspicious :) Big 4 firms are becoming large players in the management consulting space. Management consulting and consulting are not the same It's important to define the Big 4 and establish the difference between Big 4 consulting and all other consulting. The big4 have really tough compliance standards related to their auditing and accounting work. Big 4 Advisory role that has a strong and growing focus in a very hot industry: cyber security.