80% of AmLaw 100 firms, 50% of Fortune 100 companies, and 25% of Fortune 500 companies use The Brattle Groups expert services. As a result, McKinseys alumni pool has generated the greatest number of Fortune 500 CEOs. The firms extensive client base spans an impressive 16 different industry sectors: banking and capital markets; insurance; investment management; building, construction, and real estate; alternative investments; industrial manufacturing; retail; food, drink, and consumer goods; energy, natural resources, and chemicals; government and public sector; healthcare and pharmaceuticals; technology; high growth mid-market and venture capital; media and telecommunications; private equity; and high growth emerging markets. Recognized as the fourth-largest privately owned firm in the U.S., PwC's global revenues were a whopping $42.4 billion for the 2019 fiscal year. Indeed, it has ranked in the top 10 of Vault's best consulting firms since the list was created in 2001. We work with more than three-quarters of the Fortune Global 500, as well as with the most influential governmental and non-profit organizations. Some firms are very small and specialized, and others are massive and have their hands in every business sector imaginable. Some of its clients have included the Department of the Treasury, Department of Justice, NASA, and more. In addition, as of 2020, PwC US has been on Fortune's 100 Best Companies to Work For in the US for 16 years. The firms Nexia International affiliation expands its reach to more than 128 countries. Headquarters: Boston, MA. Headquarters: Washington, D.C. FTI Consulting, headquartered in Washington, D.C., is counted among the largest financial consulting firms in the world, typically ranking highly in consulting firm industry listings. Kaiser Associates With offices in Atlanta, Chicago, and Los Angeles, its small, experienced teams create value for clients through growth strategy, operational improvement, financial restructuring, and acquisition integration. Founded in 1990, Insigniam handles enterprise-scale transformation, transformational leadership, and managing change as a leading management consulting firm. List of Top Life Science Consulting Firms: 100+ to Apply to Last Updated January, 2022 10,820 Views If you have a background in healthcare, pharma, or the life sciences and an interest in bringing new healthcare solutions into the world, life science consulting could be the right career path for you. As experts in technology integration, RPS develops and delivers solutions that use the right technologies, tools, and processes to help with a single training element or a comprehensive, enterprise-wide program. As for exit opportunities, I do not see much differentiation. Cornerstone Research provides economic and financial analysis and expert testimony to attorneys, corporations, and government agencies involved in complex litigation and regulatory proceedings. They also usually offer fewer services, and are more specialized in what they do offer. by Throwaway9999994x. 6. The Bridgespan Group Career paths are also not as defined at the smaller boutique consulting firms. Since 1991, the firm has been working side-by-side with clients, fostering long-term relationships and delivering tangible, sustainable results. 12. This looks like combining consulting, and design to create a new digital experience for brands and the clients it serves. Established in 1997, CSG recently celebrated 25 years serving as a trusted advisor to the public sector. Feb 8, 2023. was awarded the Queen's Award for Enterprise for international trade and export. As a company, ClearView values and invests in employee development and leadership training. The firm additionally gives its clients authentic end-to-end capabilities at scale, from experience strategy to the design, delivery, and optimization of employee/customer experiences. 7. Despite the fact that women make up 70% of nurses and a large share of clinical care providers, there is an alarming gap in leadership positions filled by women Management consulting and advisory company, Teneo, has recently announced a new addition to the top tier of its team. The smaller firms are often referred to as boutique consulting firms. In 2021, the firm reported annual revenue of $5.21 billion, a roughly 18.1% increase over the $4.42 billion it reported in 2020. NERA was launched in 1961 as National Economic Research Associates. Kx Advisors. Headquarters: Mumbai, India. The firm also offers guidance and support to organizations as they navigate the changes transforming their industries and businesses. By some estimates, there are thousands of consulting firms around the world. 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. 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. Kearney is a partner-owned firm with a distinctive, collegial culture that transcends organizational and geographic boundariesand it shows. Furthermore, Mercer is not a stand-alone firm. ClearView is a boutique firm with a workforce of more than 400 professionals across offices in Boston, San Francisco, London, and Zurich, Switzerland. The big . 46. The firm was recognized in the 2021 Vault Consulting 50 list of the best consulting firms to work for. Headquarters: McLean, VA. For more than a century, Booz Allen Hamilton has been a leading management consulting firm, serving military, government, and business organizations around the world. With an eye toward innovating for the next generation of tech, Publicis Sapient brings to the table a comprehensive array of IT services in enterprise platforms, digital product management, customer experience, and more. Based in Morrisville, North Carolina, Syneos Health is a biopharmaceutical solutions management consulting firm making waves in the life sciences industry. The services offered include helping companies identify, measure, and manage operational and technology-related risks as well as providing internal audit services, technologies, and skills for business risk management throughout the world. Along with being named one of The Consulting Reports Top 50 Consulting Firms of 2022, CSG has also been named one of America's Best Management Consulting Firms five years in a row (2018-2022) by Forbes magazine. Kroll advises clients in the key areas of valuation, corporate finance, disputes and investigations, cyber security, and regulatory issues but the firm is arguably best known for its work in administration processes. The Vault Consulting 50 ranking is based on a weighted formula that combines each firm's prestige rating with its scores in several key employment factors to come up with an overall list of the Best Consulting Firms to Work For. Stax was founded in Boston in 1994 and currently boasts more than 180 professionals in offices in Boston, Chicago, New York, and Colombo, Sri Lanka. Further down are the "tier-2" consulting firms - Accenture, Oliver Wyman, LEK, etc. The firm specializes in risk and advisory services with an internal audit expertise that spans a variety of areas. #10 in firm culture. However, your work/life balance will usually be more enjoyable working for a boutique consulting firm. The services provided by Ignyte include digital transformation, branding & digital marketing, analytics & information management, and training & change management. As an industry leader in business consulting, outsourcing, and information technology solutions, Cognizant has long been hailed for its results and resilience. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. The rapid, widespread embrace of remote work policies driven by the COVID-19 pandemic has placed cybersecurity as a focal point of business success. With over a centurys worth of experience, nearly 4,000 global team members, and 25 locations including global subsidiaries, CohnReznick LLP serves clients in 30 different industries through an integrated team of advisory, assurance, and tax professionals. Its clients are pretty diverse, covering all levels of government, healthcare, legal, startups, financial services, and more. 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. Headquartered in Menlo Park and San Ramon, California, Protiviti boasts a clientele that includes over 60% of Fortune 1000 and 35% of Fortune Global 500 companies. With more than 800 risk, claims, safety, and industry-specific specialists in more than 40 countries around the globe, Marsh is primarily concerned with representing commercial interests searching for insurance coverage. Tata Consultancy Services The cost of the consulting services is usually less than MBB, but occasionally more. Marsh knows that managing risk in today's environment is complex. 30. 43. In 2019 and 2020, Gartner stated that Deloitte was the No. Further, Grant Thornton consultants are consistently awarded with some of the industrys top accolades. Headquartered in New York City, Mercer exudes a large global presence, with more than 25,000 employees operating in more than 130 countries. CRA provides a wide range of solutions to organizations in communications, retail and distribution, life sciences, energy, and other industries, and its services include analytics, forensic accounting, mergers and acquisitions, and more. Keystone combines the strategic insights of leading academic experts from Harvard, Stanford, MIT, Wharton, and other top universities with the practical industry expertise of its accomplished network of professionals to deliver extraordinary impact. 26. #8 in best overall business outlook. Its clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions, and organizations. This boutique firm attracts highly skilled individuals that have worked at the likes of Accenture and Deloitte consulting firms. Founded in 1999 by Charles Bates and Halbert White, the firm currently has one office in Washington, D.C., with nearly 300 employees. West Monroe. Headquarters: Boston, MA. "The ethos at Back Bay has always been about the nurturing of clients and teammates with equal . Headquarters: Boston, MA. Orlaithe Consulting LLC is a boutique consulting firm that specializes in assisting biopharmaceutical, medical device, and life science clientele with their federal contracting needs by minimizing exposure to risk, creating robust compliance programs, developing competitive pricing strategies, and providing high-quality contractual deliverables. The award is given for outstanding papers on corporate finance published in the Journal of Finance. The firm focuses on delivering integrated solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. The firm was founded in 1886 and formally incorporated in 1909 by Arthur Dehon Little, a scientist instrumental in developing chemical engineering at the Massachusetts Institute of Technology (MIT). The consulting firm opened its first international office in London in 1959 and has expanded steadily since. getty. Consulting powerhouse Ernst & Young Global Limited, commonly referred to as EY, is a multinational professional services network with an impressive international reach that has powered its status as one of the biggest service networks in the world. 40. Founded in New York City during the mid-1980s (by former Booz Allen Hamilton partners Alex Oliver and Bill Wyman), the firm has since become the fastest-growing management consulting firm today. The firm is fueled by a combination of cutting-edge research, state-of-the-art methods, and proven experience, and includes a diverse team of more than 800 professionals from over 50 countries. For the past 20+ years, Fortune magazine has consistently included the firm in its list of the 100 Best Companies to Work For, beating out the streaks of other leading accounting firms. Below are 12 notable boutique consulting firms offering over $90,000 in total potential compensation for undergrad and master's degrees. Willis Towers Watson While these boutique firms may be smaller in size, the niche markets they work in allow them to become extremely proficient at what they do. 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. Today, it's known simply as Marsh, a subsidiary of Marsh McLennan. Ignyte was recently named among the citys best companies to work for, and was founded by previous Big Four consultants. Remarkably, Marsh's $5.98 billion in 2016 revenue accounted for 45% of the parent company's total fiscal year revenue. It has also been named to Working Mothers Top 100 Firms for Working Families and Women as well as to the Best Companies for Dads list. The Accounting, Finance & Technology category consists of Accenture, Booz Allen, Deloitte, KPMG, EY, PwC, and Wavestone. Key Factors That Enabled Us to Include Alira Health on Our List of Top Healthcare Consulting Firms Interdisciplinary Approach Founded in June of 2004 on the core principles of being good and being truthful, the firm has a resolute vision "to transform business by doing what is right," with a critical stated focus on helping businesses achieve their objectives through the enablement and enhancement of both process and technology. Since then, Protiviti has expanded rapidly, reporting revenue that surpassed the $1 billion mark for the 2019 fiscal year. As such, its consultants use hard economic data to make their case, drawing on the firms expertise in fields like statistics and computer science. This includes designing strategy and implementing plans and performance measures for multi-million-dollar donations. Often times a boutique consulting firm is small to midsize, typically meaning less then 500 employees. Charles River Associates Raytheon Professional Services (RPS) is part of Raytheon Technologies (RTX), one of the largest defense contractors in the world. Headquarters: Chicago, IL. 29. In recent history, FTI is known to have had the biggest restructuring business in the U.S. FTIs five business segments cover a broad range of services. The firm is committed to a culture of inclusion and diversity and a focus on community engagement. The firm, initially not officially known by its initialism, came into being through the 1989 merger of two accounting firms, Ernst & Whinney and Arthur Young & Co. Headquarters: Chicago, IL. The IT Services Report is pleased to announce The Top 25 Women Leaders in Cybersecurity IT Services of 2021. Feb 8, 2023. 11. The firm, which gets a significant portion of its revenue from the U.S. government, is the result of the 2020 merger between the aerospace subsidiaries of United Technologies Corporation and the Raytheon Company. The firms commitment to client relationships is only matched by a commitment to its people. 25. Headquarters: Boston, MA. The Chartis Group consists of more than 550 talented professionals across four offices in Boston, Chicago, New York, and San Francisco with the experience and capabilities required to transform healthcare. This includes the 2018 acquisition of Kroll, which was used in the firm's renaming process that was completed in 2022. If we had to choose a "one-stop-shop" category, this would be it. In addition, Human Rights Watch has consistently named it one of the Best Places to Work for LGBTQ Equality. 8. 41. Consulting Market Revenues Reach Record 18 Billion, AE Industrial Partners Boosts Cyber Investment With Stake in REDLattice, Creating and Protecting Quantum IP Is the Key to a Competitive Edge, Booz Allen Hamilton Executive Discusses Company Strategy, Underrepresentation In Female Leadership Sounds An Alarm In The Healthcare Industry, Teneo Announces New Chairwoman, Ursula Burns, Why Cybersecurity Success Depends On Public-Private Partnership, The Top 100 IT Consulting and Services Companies of 2021, Deloitte Expands Cloud-Services Portfolio With Acquisition Of CloudQuest, Accentures History With Healthcare.gov Factors Into Current CMS Contract, The Top 25 Women Leaders in Cybersecurity IT Services of 2021, Kaiser Permanente To Partner With Accenture, Microsoft For Cloud Expansion. 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. The firm's roots stretch back to the first decade of the twentieth century, after one of its founders studied railroad risk and insurance needs by spending 30 days riding the rails. Headquarters: Chicago, IL. He believed that if his firm always strove to do what was best for its clients, it would in turn end up working out well for the firm. 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. Founded in 1963 by Bruce Henderson, BCG partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. Global consulting firm Huron Consulting pledges to deliver sustainable, long-lasting results to its clients, providing deep expertise in advisory services covering technology, strategy, operations, and analytics to drive results in industries such as higher education, healthcare, commerce, and life sciences. McKinsey & Company. Frequently named among the top management firms in the world, Oliver Wyman has served more than 1,000 global clients over the past 50 years. Now, more than 50 years into its history, Capgemini boasts more than 270,000 employees in dozens of countries. The analyst pay commensurate with that is usually less than for MBB firms. But usually, they're around 20%-40% less than MBB per month. Headquarters: Boston, MA. Currently, NERA employs more than 500 professionals, including 425 economists, who provide a plethora of services from creating strategies to providing expert testimony and policy recommendations for corporations, government authorities, and the worlds leading law firms. The firm is specifically a titan in the fields of corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, and technology. Headquarters: Chicago, IL. Blue Matter is a consulting firm serving the life sciences industry. Capgemini operated as a small data processing firm from its launch in 1967 until its acquisitions of computer and data companies in the United States in the 1970s and 1980s. The firm continues to offer sales force alignment service to this day, in addition to a range of professional services, many of which are supported by advanced analytics. ClearView works with its clients to create actionable strategic insight into product planning, pricing & and market analysis, and marketing strategy. It has more to do with how the firm views itself, then actually meeting a pre-determined set of requirements. Its main sectors being financial services, public services, and life sciences. With nearly 300,000 employees working from home since March 2020, Cognizant continues to expand its reputation for quality digital solutions and workplace innovation, with particular focus on its Work Ahead AI action and research initiative. Deloitte is a storied institution that traces its roots back to its founding in 1845. Please join us in celebrating The Top 50 Consulting Firms of 2022. Headquarters: New York, NY. Among other awards, they were recognized in the 2021 Vault Consulting 50 list of top employers. Founded in 1965, CRA offers economic, financial, and strategic expertise to major law firms, corporations, accounting firms, and governments around the world. This means there is room for career growth and development in the firm. 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. The Chartis Group is at the vanguard of healthcare, helping leading healthcare organizations navigate the future of care delivery. 48. Back Bay Life Science Gallery . As one of the top-rated boutique consulting firms, Clarkston Consulting has a solid and well-defined history of success in terms of service and clients served. Economic & Financial Consulting offers economic analysis and expert testimony for law firms, corporations, and government agencies. Hurons client base also features hundreds of Fortune 500 companies as well as small and midsize businesses. Cornerstone Research Publicis Sapient has a fascinating history of collaboration and cross-pollination with its French parent company, Publicis, and its fellow subsidiary Sapient Razorfish. Spun off in 2013 from an earlier corporation, SAIC has spent the better part of the last decade leading the charge to bring the benefits of deep engineering expertise to government and civilian clients. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. Serving a bevy of global brands and leading law firms from its offices in Boston, San Francisco, New York City, and Seattle, Keystone Strategy provides strategy and economics consulting fueled by an entrepreneurial spirit as well as dedication to collaborating with clients and peers. Its stated mission is to build a better world by strengthening the ability of mission-driven organizations and philanthropists to achieve breakthrough results in addressing societys most important challenges and opportunities. Sometimes these firms will focus on a specific industry, such as economic consulting or healthcare consulting. Services for these companies includes market opportunity evaluations, portfolio prioritization, analytical services, and product development strategies. This features the establishment and alignment of overall IT strategy with a clients business strategy, and further delves into formation of solution architecture, design, and development for custom-built or enterprise package solutions. The firm's clients in this area include large multinational companies, high growth middle-market businesses, small commercial enterprises, and high net-worth private clients. The battle for a healthcare.gov contract with The Centers for Medicare & Medicaid Services has endured a long series of bid protests. Headquarters: New York, NY. ADL is also an innovator of business strategy and operations research, which it has honed during its more than 130-year history. Back Bay Life Science Advisors Ranked Among Top Five Best Boutique Consulting Firms Nationwide. ClearView works exclusively in the life sciences industry. In addition to financial success, the firm frequently receives top accolades from the likes of Fortune, The Financial Times, and Vault. EVERSANA MANAGEMENT CONSULTING is among the top 40 boutique consulting firms across the U.S, according to the annual list. Contact Us Our Purpose We are proud to be part of an industry that is pushing the boundaries of science and technology to improve people's lives. Cornerstone Research San Francisco California, The Bridgespan Group Boston Massachusetts, ClearView Healthcare Partners Newton Massachusetts, Eagle Hill Consulting Seattle Washington, Clarkston Consulting Durham North Carolina. In addition to consulting, Bridgespan makes case studies freely available on its website and publications. EYP arms C-suites with strategic guidance in a wide swath of industries, including private equity, consumer products, education, financial services, healthcare, information and media, advanced manufacturing, life sciences, oil and gas, and technology. Feb 1, 2023. The following year, L.E.K. No other firm in the world has as much consulting prestige as McKinsey & Company. EY Parthenon, with the well-known shorthand of EY-P or EYP, is Ernst & Young's global strategy consulting division. 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. The EY rebranding campaign of 2013 solidified what had been an informal moniker. Ernst & Young The firm, which has been ranked the #1 HR Consulting Firm by Vault for several years running, is arguably the top global consulting leader in talent, health, retirement, and asset management. With over 1,400 employees and 21 offices worldwide, the firm brings in roughly $500 million in annual revenue. It has been ranked in the top 10 in Vault's Consulting 50 multiple times, and in Consulting magazine's Best Firms to Work For. This merger was a bold gambit from a Big Four contender to step up its value chain efforts, moving beyond audit services to embark on new business ventures and give its clients various new points of entry. BCG boasts expertise in a wide array of industries, including aerospace and defense, automotive, oil and gas, consumer products, and more. The operation of CSGs business is characterized by The CSG Way, an environment that emphasizes teamwork, communication, and consistent high-quality work. Its a subsidiary of parent company Marsh & McLennan the consulting giant that earns annual revenue of nearly $20 billion. It is known for its strong client focus, an emphasis on teamwork, unwavering integrity, mutual respect, and a constant striving for excellence. Grant Thornton LLP is one of Americas largest audit, tax and consulting firms. These are the companies leading some of In a recent press release, Big Four accounting and professional services firm Deloitte announced the acquisition of Cupertino, California-based cloud security posture management provider CloudQuest. 5. Featuring an unparalleled 360 research capability as well as rigorous analytic capabilities, the firm has earned a stellar reputation due to its benchmarking, competitive analysis, ability to listen to the voice of the customer, commercial diligence, work supporting investment decisions, and other externally driven strategic development work. Cornerstone also collaborates on the "Securities Class Action Clearinghouse" in conjunction with the Stanford University Law School, providing summary information regarding federal class action securities litigation in the U.S. became the first global major management consulting firm to hold carbon neutral status. Bridgespan has advised the Bill & Melinda Gates Foundation, the Ford Foundation, and Bloomberg Philanthropies. 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. Going to bat against the likes of Bain, McKinsey, and BCG, as well as other strategy consulting offshoots for Big Four firms, EYP often rises above its competitors in industry rankings by honing in on its ambitious corporate strategy and private equity undertakings. McKinsey & Company The Consulting Report is pleased to announce The Top 50 Consulting Firms of 2022. Sectors. It employs more than 10,000 employees in 25 offices in North America, South America, Europe, and Asia. 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