Vault Consulting 50

The Vault Consulting 50 is our signature list of the best consulting firms to work for.

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 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 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--and these factors change over time as generations shift.

We continually monitor responses from the consultants we survey to ensure that our ranking methodology accurately reflects the concerns of the people currently employed in the industry.

In order to properly reflect a company's status as an employer within the consulting industry, the Vault Consulting 50 for 2020 is based on the following weighted formula:

30 percent prestige
15 percent firm culture
15 percent satisfaction
10 percent compensation
10 percent work/life balance
10 percent level of challenge
5 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.

2020 Vault Consulting 50

SCORE 9.273

2019 Rank 1

McKinsey & Company

McKinsey & Company is a privately owned management consulting firm. Roundly considered the most prestigious company of its kind, it has achieved a near-universal level of renown, despite a decades-long commitment to confidentiality that...

Overview Survey Says Why Work Here Employee Reviews

SCORE 9.190

2019 Rank 3

Boston Consulting Group

The name may sound local, but Boston Consulting Group's reach-and expertise-is anything but. With almost 19,000 employees in over 90 offices in 50 countries, the firm ranks as one of America's Largest Private Companies, according to Forbes...

Overview Survey Says Employee Reviews

SCORE 9.158

2019 Rank 2

Bain & Company

Founded in 1973, Bain is one of the world's most prestigious consulting firms. The firm's 10,500+ employees help the world's top business leaders make big decisions that will direct their organizations' futures, and then help them realize those...

Overview Survey Says Why Work Here Employee Reviews

SCORE 7.930

2019 Rank 4

Deloitte Consulting LLP

Deloitte provides industry-leading audit & assurance, consulting, tax and risk & financial advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 5,000 private and middle...

Overview Survey Says Why Work Here Employee Reviews

SCORE 7.855

2019 Rank 5

Oliver Wyman

Oliver Wyman is part of the Marsh & McLennan Companies (MMC), a global professional services network with brands and affiliates in more than 100 countries. The largest component of Oliver Wyman Group is Oliver Wyman, a management consulting...

Overview Survey Says Why Work Here Employee Reviews

SCORE 7.747

2019 Rank 21

Booz Allen Hamilton

Edwin G. Booz founded Booz Allen Hamilton in 1914, on the eve of World War I, to help businesses succeed through an outsider’s perspective and a human touch. Over the past century, Booz Allen Hamilton has carved its own place in the consulting...

Overview Survey Says Employee Reviews

SCORE 7.705

2019 Rank 7

EY-Parthenon

EY-Parthenon is a strategy consulting outfit with 3,000+ members in 50+ office locations worldwide. The firm advises c-suite, business, and organizational leaders across multiple sectors, including consumer, advanced manufacturing & mobility...

Overview Survey Says Employee Reviews

SCORE 7.623

2019 Rank 8

PricewaterhouseCoopers Advisory Services LLC (PwC Advisory Services)

PwC's (PricewaterhouseCoopers) Advisory practice, PricewaterhouseCoopers Advisory Services LLC ("PwC Advisory Services"), provides a mix of industry and functional expertise to help its clients address their most interesting and complex business...

Overview Survey Says Why Work Here Employee Reviews

SCORE 7.600

2019 Rank 11

A.T. Kearney

As a consultancy, A.T. Kearney has a rich heritage that dates back to the 1920s, with the founding of McKinsey & Company and the arrival of consulting as a profession. James Oscar McKinsey set up his original firm in Chicago in 1926, and one...

Overview Survey Says Employee Reviews

#10

SCORE 7.595

2019 Rank 15

GE Healthcare Partners

GE Healthcare Partners is the management consulting arm of GE Healthcare. The firm is one of the nation’s largest healthcare businesses, having advised more than 2,400 organizations across the United States and Canada. Backed by the enormous...

Overview Survey Says Employee Reviews

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