![]() ![]() Today the firm employs 26,000 staff across 120+ offices and generates $8.8bn in revenues. In the 1970s the firm therefore shifted its focus from geographic expansion to industry specialisation. ![]() But in the 1960s, competitors like the Boston Consulting Group and Bain & Company started competing with McKinsey by marketing specific branded products, such as the Growth-Share Matrix, and by selling their industry expertise. McKinsey grew quickly in the 1940s and 1950s, especially in Europe. McKinsey’s second partner was Andrew Thomas Kearney, who went on to found A.T Kearney. The firm started out by offering consulting services on accounting principles as a management tool. McKinsey was founded in Chicago in 1926 by James McKinsey, a professor of accounting at the University of Chicago. If you're still weighing other career options, you can learn more about investment banking positions through our guides to interviewing at Goldman Sachs, JP Morgan, and Morgan Stanley. The following overview of 8 top management consultancies will help you decide which firm you want to target for your career. It may be tough at times, but you will meet and work with a supportive group of bright and talented colleagues. Your job will be interesting and high-pressured. You will work with senior executives (e.g.: CEO, CFO, etc.) on a regular basis. ![]() Second, being a management consultant is one of fastest learning experiences you can get out of University. Many consultants end up becoming CEOs, as the below list of notable alumni shows. Your consultancy may sponsor your MBA and you'll have great exit opportunities. You will travel a lot and earn a top salary. You might be wondering why you should become a management consultant in the first place? There are plenty of reasons but let’s only cover the main ones here.įirst, it's a great way to set yourself up for a successful career. And if you're curious about how the Big 4 and MBB firms compare to each other overall, you can check out our Big 4 vs. We'll cover each of these firms in-detail below. ![]() The remaining 6 consultancies covered here include the strategy arms of the Big 4 and other mid-tier sized firms known to be amongst the top strategy consulting houses in the world: They earn the highest revenue among strategy consultancies and have generally been around the longest. The top three strategy consulting firms in the world serve nearly all Fortune 1000 companies and are commonly referred to as MBB: ![]()
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