Considered one of the most prestigious management consulting firms outside of the the Big Four, BCG ranks fourth in Fortune’s “100 Best Companies to Work For” last year. With your credentials I'm sure you have a pretty good chance at this. E50: Engineer to Big 4 Consulting Post MBA By Wall Street Oasis. Why not find your desired industry now? 3.7 GPA. Got an offer from two of the Big 4s in their advisory practice. ... Moreso do you think the likelihood of making partner is higher at Big 4 (thus providing some salary benefits in the long run) If this is a Michigan type school I am not surprised, there's M7+Tuck and then the rest of T15 for consulting. Didn't realize how hard recruiting was. This video is for Big 4 consulting but I think can also apply to audit! What I know is mostly they do implementation consulting rater than strategy consulting. I would say transferring to advisory/consulting would definitely set you up better, but again you still have a chance even coming straight from audit. goodluck! Originariamente erano 5 le principali società ma, dopo lo scandalo Enron, Arthur Andersen uscì da questa élite. Sometimes it isn’t totally obvious which team is responsible for consulting. Any thoughts on how these roles are viewed? “Big 4” refer to the other 4 major players - Dairy Queen, Einstein Bagels, Papa John’s, and KFC (though many disregard KFC due to quality), New comments cannot be posted and votes cannot be cast. Press J to jump to the feed. Response 1 of 11: Are you targeting Management consulting at MBB or regular big 4? But consulting in big 4 doesn't dilutes a lot. Although they share many common features, they are also different in several ways. Yes, it is possible. As of 2017, the Big 4 audited 497 of the S&P 500.That's 99.4% market share of the top 500 publicly traded companies. Apply to Engagement Manager, Credit Consultant, Associate Consultant and more! 4-5 years experience. There are a few key differences between the Big 4 (KPMG, EY, Deloitte, PwC) and MBB. What is the definition of Big 4 Consulting? Both seem to focus on transformation/operational consulting. 750 GMAT. Hey all...struck out on MBB for summer and FT opportunities. 1 18.04.12 lying about ££ 3 ... Big 4 to MBA? Which Learning & Development Consultant Courses. The strategy arm of the Big 4 have also often been acquired companies, rather than the core business. 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. Pros and cons? I worked for many years in the industry and then briefly at a Big 4 firm in London before moving back to the industry again. In terms of consulting, the Big 4 the biggest, but not the most prestigious. The Big 4 are essentially accounting firms, but they do a lot of other stuff two, including strategy consulting. Rest at a F1000 company internal audit/internal consulting. Careers at Value Partners Management Consulting. Graduated from a T10 school 5+ years ago and have been in BB IB since. Posting as : works at Deloitte Consulting Has anyone left Big 4 consulting to become an independent contractor? Moreso do you think the likelihood of making partner is higher at Big 4 (thus providing some salary benefits in the long run). Their strategy consulting arms are often called something slightly strange. I'm at a t10. Consulting in a Big 4 accounting firm is all about taking a very specific chunk of the company and addressing a very specific problem with it, using pre-determined tools. Member @ConsultingDetroit shares his path from graduating into an engineering role right before the financial crisis in 2007, getting fired from his first job in under a year and taking on debt to pivot and get an MBA in the evening program. Out of consultancy and into industry...HELP ! Though there are differences amongst each firm (which we’ll get to below), overall the Big 4 firms have similar cultures and expectations from their candidates. The Big Three or MBB refers to the name colloquially given to the world's three largest strategy consulting firms by revenue.They are considered to be the most prestigious firms in the management consulting industry. 1 Comment Share. I've spent the past 2 years working for a Big 4 Consulting firm as a management consultant. I quit my Big 4 consulting job! Exit options - MBB has better exit options as compared to the big 4 As we already mentioned, the Big 4 absolutely dominate the accounting field. Considering you got a 720 on your GMAT, I'm surprised you don't know the answerbto this yourself. Deloitte - Salary expectations for a senior consultant, Careers at Resources Global Professionals, Careers at Management Performance Limited, Careers at Value Partners Management Consulting. Boston Consulting Group, also known as BCG, is a management consulting firm with more than 90 offices in 50 countries. A real T10 in the Northeast :). ~3 at B4 in audit. Hey all...struck out on MBB for summer and FT opportunities. FT Recruiting - Big 4 consulting. Hi Abby, Thanks for your question! Big 4 Consulting By The Numbers. I am evaluating whether or not I should move up the ladder in Big 4/ try to pursue MBB opportunity doing strategy consulting. Why I left, my experience & all the tea haha! Similarly I know salary to MBB isn't comparable but does anyone know how competitive the offer is. Hi Anonymous, big 4 audit or advisory is pretty different from strategy consulting, thus you would not benefit from the lateral hires opportunities that non-MBB strategy consultants may have, with lower chances to get an interview. GMAT (710-730+ ideally), undergrad GPA (3.5+; good school helps), involvement in community / … Not Michigan. Like. Work experience: 3 years (At time of matriculation) at Big 4 Consulting. It is a very useful skill set when coupled with a general business graduate education. Tends to be the "lower ranked" of the M7. If regular big 4, you don’t need an MBA . Would get my MBA again in heartbeat. What type of consulting do you want to do? I didn't go M7 but I'm interning at MBB, so it's definitely possible. What Does Big Four Consulting Mean? I have around 5 years of working experience and currently working in a Big 4 Finance Transformation practice - mostly on business process improvement and system impementation. Learn about MBA programs, applying to them, and what life is like while in one and afterwards. (But still not easy, but threads on here say it doesn't really matter where you go to school for accounting and your school can be ranked outside the top 50 and still get a chance at a Big 4 job....which is apparently impossible for i-banking). So if you want to pursue a career in consulting, then be sure to check-out our list of the most prestigious consulting firms in the world. Prestige- BIg 4 are known for their accounting specialities and MBBs are known for their consulting expertise. Extra curriculars: SAT tutoring of underprivileged students, Won firm-wide machine learning competition through work, Created biomedical web application related to personal medical issue, Involved in … Big Ten school (not NW). just be able to present yourself well in the interviews and you are as good as in. i share with you the realities of working at a big 4 consulting firm. All rights reserved | Copyright Zambeasy.com Limited 2001-2020, Sales & Marketing Consulting Group careers. That said, I think being a manager at Big 4 is as if not more valuable than an MBA from a top 5 school. There are way fewer people with this credential than the 1,000s of MBAs that get turned out every year. Definition: Big 4 Consulting refers the Big Four consulting firms, PriceWaterhouseCoopers (PwC), Ernst & Young (E&Y), Deloitte, and KPMG. At BCG on the other hand, it is all much broader i.e. Decent ECs, but nothing out of the ordinary. I want my first career post MBA to provide exit opportunities so don't want to pigeon hole myself to being an operations person. But apparently, getting a good accounting job at a Big 4 company is a little bit easier than landing an i-banking job. What are my chances of getting in a top school (Wharton) with 2 years big 4 strat and ops experience and 3 years FTSE 100 experience, assuming 720 GMAT and good extracurriculars? These companies, as you may already know, are Deloitte, PwC, Ernst & Young, and KPMG.. A staggering 100% of the 457 Fortune 500 companies with public information were audited by one of the Big 4 accounting firms. As long as you have a good track record and that you will be able to get good recommendations from the right people then this would not be a problem for you. But let's put a number to that. This guide will show you exactly where you fit into the Big 4 salary structure. There will be times when you need to work on weekends as well. Please make sure to read our rules and wiki before posting. Big 4 employees work long hours, especially during busy season for audit and tax and before big deliverable deadlines for consulting. 1,378 Big 4 Consulting Firm jobs available on Indeed.com. I know a few other interns who are former Big 4 auditors so it's not uncommon. The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. Consulting. Not anyone from big 4 can do it but there is enough regularity of it happening that it's a viable pathway for strong candidates. Press question mark to learn the rest of the keyboard shortcuts. Debating if I should take offer or continue searching for a more elite role. Salaries start at $53,000 for an audit associate and top out at $5,000,000+ for a senior executive partner. The Big 4 all provide consulting services, but they are better known for accounting. Got an offer from two of the Big 4s in their advisory practice. Con l'espressione Big Four si identificano le quattro società di revisione che si spartiscono il mercato di riferimento. I am considering applying for a MBA. Società Ricavi (30.06.2018) (in miliardi di USD) I do wish to go to the technology industry but they aren't hiring until March/April/May timeframe for PM roles which I really want. MBB are the elite 3 fast food companies - McDonald’s, Burger King and Baskin Robbins. Consultants are generally hired to improve the … Big 4 audit clients are what arguably make the renowned largest audit companies in the world worth working for. The experience has been like nothing else I've seen professionally. McKinsey is the biggest of these with an annual revenue of +$10bn (2018) followed by Boston Consulting Group ($8.5bn revenue; 2019) and then Bain & Company (+$4.5bn revenue; 2019). When McKinsey & Co had offices only in Chicago, Cleveland, Frankfurt, London, NY City, Washington DC, Sao Paolo, & Tokyo maybe one of its consultants could use experience of having been a McKinsey associate to become a manager. Nature of the work - The Big 4 are traditionally accounting firms, which now provide a wide range of professional services including audit, financial advisory, tax, legal and consulting. Out of the Big 4 have also often been acquired companies, rather than the core business, the 4... 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