Accenture vs mbb. Kearney, Roland Berger, L.

Accenture vs mbb Takeaway. All companies brand themselves as consulting firms and are popu Find out more on Roland Berger grades vs MBB on the PrepLounge Consulting Q&A forum. MBB has better prestige outside of tech circles but idk if you wanna be working for those old dinosaur companies. Compared to them I earn 50-60% less, and no I am not a deadbeat bottom bucket SM at ACN Strat. e. Accenture Strategy & Consulting. After three years, with an average pay increase of 10% each, the pay difference is $628,000 vs. Alternatively, you could try to move to a strategy role in a major brand, do an MBA and then apply for MBB after that. LEK is actually pretty much dying, alongside ATK with As a 6% at Accenture, my typical day (applied intelligence). Other stuff comes up here and there, but it doesn’t make sense to offer services on capabilities the firm doesn’t have. Strategy& in Europe is very strong, in Germany they pay much more than the market and grow fast. As others have said, WLB will be far better at ACN. Accenture will also follow client policies if forced to. When you compare only strategy practices in Big4 to MBB decks, it can be wash and preference goes with what the client is expecting and what decisions they want to make next and in Does anyone have any data/insight into how much better exit opportunities really are from MBB vs exit opportunities from other tier 2 consulting firms such as big 4, Accenture, etc. A few years ago it was carved out and given a Chinese wall between other parts of Accenture. co/subscribe/If you like this video you'll pr Hello everyone! I'm currently a Senior at a semi target for consulting (MBB comes and has info sessions but only hires 2-3 students a year). All the best on the journey! Cheers IMO if you were to compare the totality of BIG 4 vs MBB, on average, MBB decks (branded in client template) will make for far more interesting and substantive reads. If you don’t want to spend hours searching the web, this article presents a comprehensive and convenient list for you – with 35 example cases, 16 case books, along with a case video accompanied by detailed feedback on tips and techniques. Hi everyone, so I got an offer as a Consultant from ACN Strategy to help out with resources clients. At the end of the day, who cares? If you like what you do and where you are, awesome Among the MBB, the data is pretty consistent — with little room for negotiation according to Management Consulted. 3. grow and make a difference. We would like to show you a description here but the site won’t allow us. IMO if you were to compare the totality of BIG 4 vs MBB, on average, MBB decks (branded in client template) will make for far more interesting and substantive reads. Would that be worth it to you? Like this post for yes, click funny for no. Most big projects now will likely be related to S/4 migration anyway. an MBB firm, then the larger size of Big 4 firms is even more apparent. My last 3 project were a combined deal value of $20B. MBB recently raised their base out of MBA to $175k. Hello, I’m contemplating on taking a position as Patient Services Coordinator III with Novant health. can’t speak to faang Depends - on how quickly you can grow at MBB vs the stock grows. Accenture’s enterprise network has been critical to connecting our workforce of 710,000 employees serving clients across 120 countries to our business applications and collaboration tools. However, when it became independent, Accenture focused its expertise on It is best known for serving clients within the areas of healthcare and consumer goods, with a particular focus on the intersection between the two, and on technological innovation within this space. MBB place well in PE, whereas it is tougher for Accenture/Deloitte. An office will be anywhere between 20 to hundreds of those. April 2014: Brand equity of the Big Four against the MBB in the Australian management consulting industry. , energy for AI or green fuels in Europe), or 3) when a mentor moves to MBB and can pull you in. ), compete against MBB. Posting as : Bain & Company 2. Response 1 of 24: As someone who has been in S& Deals for 2 years, I would highly recommend the team. At Partner/MD roles, I would just assume MBB pays significantly more. I've been folks making such shift 1) after an MBA (e. Accenture, etc I consider Accenture Strategy a broad strategy shop covering most industries/functions and having some sort of relationship at most F500. Their counter-argument is that MBB strategies are purely theoretical because without any experience in implementation, MBB doesn't take accountability for their strategy actually being practically implementable. Here's why: The kind of projects MBB India/China etc. Eg, no one from Accenture gets offers from top PE firms. If you've been dinged by an MBB firm, it's not the end of the road for you! Take the above steps to reposition yourself for a second run at MBB firms, or certainly for 2nd tier consulting firms. I ask because I’m doing strategy at Accenture but being recruited by McKinsey (EM level) - my guess is i could maybe make best case 25% higher (mostly via bonus) with maybe double the Join conversations about MBB vs FAANG with other professionals. Shares 3 . Share. MBB. You might have to take a bit of a step back, but I think it's worth it. . Response 1 of 3: It's a convoluted query with no straight answer. Consulting. And Response 1 of 29: MBB cyber security specifically isn’t really a thing that exists. 2 billion market capitalization, compared to the IT Services median of $1. Health/Life sciences is carved out hard by LEK and ZS, along with MBB. 4y. In short, “it depends” would be my answer. In terms of employee and office numbers, the Big 4 firms also outdo MBB firms Accenture to M7 & MBB is easily doable. MBB is likely 3-4 times more expensive (at least in Europe) vs. How do you switch from consulting to corporate venture capital? Meet @KatGarciaonline who moved from Accenture to MBB and hear her describe her views on movi Response 1 of 3: It's a convoluted query with no straight answer. For a non-tech professional, would exiting into FAANG/MAMMA from MBB or Accenture be better? 1 reactions. Tier 2: The short answer is yes, you can transition from a Tier 2 to an MBB consulting firm, but it will require hard work. Tier 1: EYP, Accenture Strategy, Strategy&, Kearney. Accenture Offers Higher Salaries For Entry-level Consultant Positions. I know MBB is more prestigious and pays more, but I was thinking, is there really any difference in projects and work? I. 5B in annual revenue. McKinsey & Company: The oldest and largest firm out of MBB has over 30,000 employees, 130+ offices around the world, and $10. Kearney, Roland Berger, L. Close Table Of Contents. 2 key advantages of MBB compared to non-MBB: Early in your career you build more stamina Accenture is a $50B company. There was a thread on reddit a couple of weeks ago by a guy who worked at both Accenture and MBB. Thanks! There’s a reason why McKinsey, Bain, and BCG are the top dogs in the management consulting industry. If you join Oliver Wyman as an MBA consultant, you'll take home a $190,000 base salary plus massive $45,000 signing bonus. Quote. For internship I had to choose between MBB and a consulting role within FAANG. Hope this helps Note that Accenture Strategy is not at the same level & reputation as MBB, so you need to play the wider Accenture brand in your story i. Depending on Today’s announcement builds on Accenture’s ongoing work with AWS in AI, through the Accenture AWS Business Group. Posting as : works at Deloitte Strategy You are currently posting as works at Deloitte . Partner 1. BTW there are several people in the consulting practices that I don't know about cultural differences between the people but if you're looking at it from an undergraduate/graduate program level there are key differences. Tier 2 vs. 4 Comments. MBB: McKinsey, BCG, Bain - Are They Really the Best? Case Interview: Complete Prep Guide; Back to blogs. Hello everyone! I'm currently a Senior at a semi target for consulting (MBB comes and has info sessions but only hires 2-3 students a year). 732 billion as of latest 2023, and has observed 5. It sucks. Better reputation going to MBB than joining a Tech firm disguised as a Strategy house. McKinsey is known as This is a list of 12 of the top consulting firms. Probably more similar to Deloitte S&O in While the gap is smaller at the MBA level, the difference grows increasingly pronounced. 5. Granted, this could be an issue of self-selection, as my friends at Accenture/Deloitte are not interested and/or did not try to move to PE. Despite being historically resistant to the prospect, the top-3 consulting firms have come to place a growing emphasis on hiring from other Response 1 of 2: It might be easier to get an interview on-campus, but given the current hiring push, I’d just apply now and consider INSEAD if you don’t pass the CV screen. Since its founding, PwC has nurtured trust in the financial industry. They fly around the world an do strategy stuff. Alix has their interim executive model that fits really well into restructuring operations work. SAS) and Just check out Gartner/Forrester rating and Accenture pretty much leads all qudrants even beating MBB in Digital Transformation expertise for example I was curious if anyone had any experience moving from Accenture or another T2 or Big 4 firm into MBB before completing their MBA? I’m interested in hearing your story and reasons for In this post, I’ll deeply examine these 6 significant differences between Accenture and the ‘Big 4. MBA Candidate. The other option is to crush it at Accenture, go to a top tier school, and try to land a job at MBB. MBB don’t really match that. Even earlier, C1 at BCG was comparable to M1 at Acn in TC terms (excluding sign-on bonus paid to MBA hires as I have limited visibility on that). At lower roles, who knows. Accenture Strategy vs. No, I think you'll find plenty of opportunities coming out of a MC stint with Accenture. As a 6% at Accenture, my typical day (applied intelligence). But if you are Manager or below and Accenture has also built out a digital marketing business, known as Accenture Song, which now makes up roughly one-third of revenue. If you want sponsorships, you can get that info during OCR, but MBB are safer bets. Accenture is especially great for aspiring consultants who value opportunities to learn about technology. Valid point - F100 corporate strategy is done in New York, Tokyo or Munich. Login Sign Up Get The App . We didn’t discuss pay yet but was wondering if anyone knew the average pay? Learn more about job and career opportunities at Accenture. MBB also has a more rigorous recruitment process and focuses on top universities. Want to learn the "secrets" of strategy consulting? Enroll in this FREE 3-day e-mail course: https://strategyu. Jumping to PE Don’t come! Horrible firm, you’re better off at a Big 4. Learn which firm is right for you from detailed descriptions including work-life balance, prestige, and more. I don’t know who told you that MBB weren’t good in MENA. Note that Accenture Strategy is not at the same level & reputation as MBB, so you need to play the wider Accenture brand in your story i. I am comparing top box to top box. 3 reactions 2Y. Consultant. For MBA students, the big names such as MBB, the Big 4 of accounting, Response 1 of 4: I haven’t calculated anything but feels right when considering total comp (only current, not future earning potential) The pay gap between Accenture and MBB has widened a lot recently. I’d be at post-MBA level after that for both options. Within MBB firms, McKinsey is the most prestigious and well-known, both inside and outside the industry. Thoughts for future exit opportunities, type of work, career options? Should one hold out for an MBB role in a year vs getting a more attainable S& role now ish? You are currently posting as works at Accenture. welker" Deloitte may have an aerospace practice in their Seattle office that is better than any MBB aerospace practice in the world. MBB has more partners with advanced degrees such as MBAs. Ops is really strong with Accenture and Deloitte, but McK Implementation has Tier 2 consulting firms include Deloitte, Strategy& (PwC), LEK, Oliver Wyman, EY-Parthenon, Accenture, Kearney, and Roland Berger. Accenture is not considered a second tier strategy consulting company, and joining it will make more difficult to move to MBB compared to a second tier. Projects - YMMY. Accenture and IBM aren’t boutique firms, but this just illustrates how you can increase your chances of getting into MBB by specialising in a type of consulting where the MBB beats big 4/Accenture on 1. Blog . But Campus recruiters from MBB vs Accenture. But even for me, comp here going forward is Accenture pays a $35K bonus, Deloitte $30K, Booz and MBB $25K. New Posts Browse. Posting as : an Oliver Wyman UK or Accenture USA? (Originally Posted: 06/19/2014)Oliver Wyman in London or Accenture in a smaller office in the US? I am a graduating non-target student from a US school but studied abroad and feel comfortable working overseas for a few years before returning back to the states for MBA or an offer in MBB, or both. There aren't a room of them. That being said: There's NO WAY Accenture does more exciting projects in the UK/ US than McKinsey does in While the gap is smaller at the MBA level, the difference grows increasingly pronounced. If you’re a SM or MD, I’d expect your WLB will kind of suck, as it would anywhere. It is ranked #268 in the Fortune 500 (2022) and the second-best company in the world in the Diversity Inc Top 50 Companies list from 2021. You're right in saying they aren't as prestigious as MBB, but is that really the most important factor? It's hardly like we're talking about MBB vs shelf stacking here. Thanks much! Accenture vs Big 4. Lots of Acn people make it to MBB digital branches now even without a downgrade. Sure the WLB can be egregious at times, but development never ceases. Don't miss out on I don't know about cultural differences between the people but if you're looking at it from an undergraduate/graduate program level there are key differences. The reason behind complication boils down to the way both sides are structured and individual sub-practices (for ACN more variation may be expected by practice vs MBB). The vast, vast, vast majority of that is in their implementation / technology work. I’ve seen them do very strategic high profile jobs. Big4 would have better WLB 4. Or the Management Consulting Division vs the Strategy Division at Accenture. Accenture is not a Big 4 because it provides predominantly consulting services, while the core business of Deloitte, PwC, EY, and KPMG is related to accounting and audit. MCK and BCG are clearly tops in the region. Believe it or not MBB really isn’t that great at restructuring. Exit opps - I think it's kinda even I have been working for more than 4 years in Accenture and now I am being promoted to analyst level in September. USD vs CAD is like comparing apple to oranges. We’ll interview MBB with little to no subject matter experience on potential. BTW there are several people in the consulting practices that Accenture is not a Big 4 because it provides predominantly consulting services, while the core business of Deloitte, PwC, EY, and KPMG is related to accounting and audit. In other words going to MBB will cost me ~110k in a 2-year horizon. For reference, a US-based Manager at MBB/T2 could be making ~$300-375k in total comp, while a Manager at EY or Accenture Strategy is making closer to ~$200-250k. Bear in mind you get a bit of a distorted view on this forum, Find out more on Roland Berger grades vs MBB on the PrepLounge Consulting Q&A forum. 5 fixed but still the basic pay is only 14400/month which I feel is very low when compared to my previous organisation Accenture with 8. Deloitte has an equally impressive profile The key difference between Accenture and the MBB firms is in the type of work they traditionally do for clients. Response 1 of 29: MBB cyber security specifically isn’t really a thing that exists. Source: used to work at a “T2” in the region. 2y. ? Just trying to figure out if it makes sense to go all out for MBB, or if taking a job at some other consulting firm is pretty much the same in the long run. However, don't forget that Vale, Baosteel and others are clients as well. That's because MBB's hiring is almost entirely done from a select number of target schools, vs banking which will take plenty of people from other schools as well. Localv P&L centers instead of global or DACH Accenture vs Deloitte is not as simple as deciding with entity is better than the other. What is the best way to transfer cash from an European account to Dubai? 1 reactions Accenture Strategy is a group that is run by x-MBB partners. Their market position varies by group but I've seen them win against mbb at smaller clients/ZBB. Of course, these differences vary from firm to firm, but as a generally rule the Consumer markets are fairly split. Topics . However, when it became independent, Accenture focused its expertise on Accenture is very much just tech consulting while Deloitte has its hands in a lot more areas. T. The Big Four consists of Quiz: Which MBB Is Right For Me? Shop; Search. You might be wondering why you should become a management consultantin the first place? There are plenty of reasons but let’s only cover the main ones here. You are currently posting as Bain & Company 2. One exception is health and finance but you don’t need MBB to break in these. Posting as : Strategy& When you apply at MBB, you are competing with hundreds of thousands of applicants per year, and only 1% of those make the cut. Things are pretty good all considered. All three are equally prestigious management and strategy consulting companies with global standards and integrated There are multiple reasons why MBB is generally considered better than the other firms you listed. + Top end of talent at both firms was similar (i. For this reason, we have made major and consistent investment to grow, morph and improve our enterprise network. McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School. That’s not overly troublinguntil you look at average performance Keep in mind that Accenture is tech-focused and a large systems integrator, and thus it doesn't quite compete in the same space as MBB or other "strategy" firms, though I think Accenture is trying to expand more into the strategy/ops area with their recent re-org (which presumably will help them get more large, long-term implementation or Deloitte is only strong if you're looking at the US market. I have seen some very low salaries at Accenture for Analysts. 23% increase as compared to their profits in 2022, which was $19. In November, Accenture and AWS shared plans to use Amazon Q in order to help clients develop software and modernize application environments PE firms generally only recruit out of consulting from MBB. Jumping to PE Would you all say that Accenture vs MBB per hour pay is roughly the same given that MBB works significantly more hours than Accenture consulting? Healthcare. outside (GLG, Guidepoint, etc. , Strategy&, Accenture Strategy, or switching to the consulting divisions of the Big 4 such as EY-Parthenon or Monitor Deloitte. Accenture, etc The first 1000 people to use the link will get a free trial of Skillshare Premium Membership: https://skl. It even beats MBB & other tier 2 players in some areas How many hours per week does MBB vs Accenture work on average? Thinking about making a switch. 3LPA my However, if you are not at a MBB target school, you can still get a job at an MBB firm, albeit navigating the path requires a bit more grit. sh/firmlearning01211Are you interested in a career T2>MBB>>>B4/ACN You should obviously go to MCK. we notice (this is especially true for Accenture, a firm where I don’t think one resume has passed our resume screen). Deloitte Advisory is part of the accounting side and the work is not the traditional consulting. Like. History, prestige, and expertise are a few of the elements that make MBB the most sought after management consulting firms for I think the only difference in exit opps between MBB and Accenture/Deloitte is in PE. From start to finish, we still work 13 hours a day, just more free time in between. People coming from MBB to Accenture are already the exception. My vote is C1, especially if it’s a role in US Card. Bowls . MBAs averaged $175,000 starting out at McKinsey, Bain, and the Boston Consulting Group. That said, it definitely varies by office, practice area, and partner group, and it’s entirely possible to get on back to back to back projects with fantastic WLB Management Consulted also has an article about this. I know lots (more than 15) folks at my level in MBB. BTW there are several people in the consulting practices that Find out more on Deloitte Consulting vs Accenture Strategy & Consulting in Europe on the PrepLounge Consulting Q&A forum. Big4 would have better job security Accenture MC vs. from @johnnie. And be positively surprised if you get any in between. , I'd put the NYC D office up against any MBB office) but long-tail distribution at D was way lower than the 'worst' consultants I encountered at McK After 1-2 years there, you could then reapply for MBB. Tier 3) with Strategy& being at the upper end of Tier 2 in most countries. These firms have the biggest name clients and charge the highest billing rates. Obvious difference is the level (MBB vs. Like 4 A non-MBB or Big 4 boutique makes an appearance on the list! Oliver Wyman is known for its work in the financial services industry and is growing rapidly across sectors and geographies. I've now been at my MBB here over a year and am about to be promoted back to manager level. Think about the difference between Dior and Nike. I also spoke to someone in Accenture MC (not Strategy, but I thought it'd be a good benchmark) and he told me he only got a 2% pay raise after a year which shocked me. We like the overlap between As someone whose only knowledge on consulting firms is this subreddit, I'll give it a shot: MBB Tier: McKinsey, BCG, Bain. Ask any questions on your management consultant career! down in most areas (Strategy, Consulting, Technology) in most geographies & specially in UK & Europe. Reply. Accenture a has much better culture than any other company in the industry. Consulting Accenture, LEK Consulting Oliver Wyman Deloitte EY, PWC or Roland Berger? on Nov 28, 2024 106 5 700+ Consulting. I saw one guy who was a 2020 HBS grad go from t2 to mbb like 2 yrs post graduation. In this article, we’ll discuss: 7 tips on transitioning from a tier 2 to an MBB As of December 18, 2024, Accenture plc had a $217. ===== EDIT - so lots of questions about MBB versus Accenture. No the job will not be outsourced as strategy never is, and they would leverage internal SMEs within Accenture vs. A few obvious key differences I can think off. Accenture recorded a gross annual profit of $20. Because you are learning more than earning, we consider it a learning experience, and so do the MBB consulting firms. Do, however, be mindful that there is a 1 year cool-off period (even once you join INSEAD) in case you get declined at the interview stage. Based in a major city (NY / Response 1 of 4: Is this a serious question? MBB partner > Big 4 > Accenture. Accenture has very deep expertise in digital and IT. Oh and Strategy gets paid more, so that explains the butt hurt above. MBB consultants are recruited with the highest standard (<1% passing rate), paid the highest salaries (starting at $80,000/year in the US), and have the best exit opportunities in the industry. The profitability of Accenture and TCS has observed a significant increase over the time. The key difference between Accenture and the MBB firms is in the type of work they traditionally do for clients. Accenture, Deloitte, LEK will also pay for your 2nd year of B-school if I guess the point I was trying to make was that I would take MBB over Acn/ Deloitte / PwC even if MBB paid $120k starting compared to $180k at Acn/ Deloitte / PwC. to seamlessly connect the dynamic Accenture is very much just tech consulting while Deloitte has its hands in a lot more areas. Log in to comment. At Accenture, the decisions about which I can't speak for Accenture, but as for MBB, here's how it works. Salaries are a bit higher than in Big4, but much lower than at MBBs. Could be a slight career change, maybe from doing technology strategy to something a little more hands on. McKinsey, Bain and BCG are, unquestionably, the top three consulting firms in the world. Originally answered question: Accenture is a technology consulting firm with a strategy consulting arm. Look into the type of work the divisions at MBB does, and try to find something similar within B4 or try to make a switch internally to one of the more well known divisions such as Parthenon, S& There's a pretty significant gap between MBB/T2 and the rest. Accenture is known to have a challenging work culture. Have to pick between MBB entry-level and mid-level at T2 (OW,S&,Kearney, 6-12m to post-MBA level) Over the first 2 years, I’d make ~210k at MBB, versus ~320k at T2. He said the biggest differences were I’ve never worked at Accenture but in general I’d expect your WLB to be slightly worse at MBB. Ask any questions on your management consultant career! Consulting Consulting. Community Builder. And yes Accenture pays MBA hires roughly the same as MBBs do, with tuition reimbursement to returning interns. You are currently posting as works at . But Accenture often pays more for Senior Manager and Manager roles than MBB. MBB vs Big 4 vs Accenture for top training and development opportunities in Data if you had to pick 1? And why? 2 reactions. In 2021, PWC consultants were stationed in 743 locations across 158 countries. However, when it became independent, Accenture focused its expertise on Accenture's consulting practice is more closely aligned with the work done at MBB firms, and there is a well-established pipeline for top-performing Accenture consultants to transition to MBB. Max Total Accenture does Strategy work with many Tech clients and most of the time if costs are this low it is because it is an investment with a new client or a new segment of the business. I am a current Strategy Consultant (pre-MBA), and have been with the firm for a few years since graduating from undergrad b school (think Stern / Haas / McIntire). If you want a broader range of consulting work, including tax, audit, and advisory, and more opportunities for industry specialization, the Big 4 might be a better fit. Well, I can't 100% say Big4 does. T1: MBB T2: OW, S&, Kearney, LEK, EY-P (Deloitte S&O probably between T2 and T3) T3: B4 Non-strategy, Accenture Strategy, maybe Accenture non-strat as well T4: Everyone else Obviously this list will change based on industry/practice area/what you’re looking for, but feels right from the research I’ve done and people I’ve talked to. Bain seems to be growing but doesn’t have much of a presence. MBB is a bunch of consultants, from entry level to partner. Elsewhere it is pretty much tier 3, in Germany and Europe nobody wants to work for Accenture and Deloitte, at least not if you're MBB caliber but didn't get a shot there. 7 Comments. A lot of the people I know who are there and do that are MBB alumni who prefer to work in this way where they really own the results not just Because you are learning more than earning, we consider it a learning experience, and so do the MBB consulting firms. Most recently, Accenture and AWS joined forces with Anthropic to scale AI responsibly. Sounds right to me. 702 billion. Perhaps it’s more accurate to say that there are many reasons that make consultants at these 3 firms part of an elite The Big Three is one of the names given to the three largest strategy consulting firms by revenue: McKinsey, Boston Consulting Group (), and Bain & Company. MBB or T2 or Big 4 or if Other please mention name) Market/Office: (e. But you'll have different exit options/opportunities than as an MBB consultant. WLB - FAANG, but growing quickly requires work 4. At some firms (MBB, Deloitte, Accenture), you enter and as an analyst you're not expected to specialize and can work on projects from very different industries/roles. With Accenture, there are some things I have noticed based on my conversations with friends who have worked there, so I would like to know how similar/different this is at the Big 4 Differences between boutique and MBB consulting firms, including size, projects, salaries, etc. Format: Firm Type: (e. That I have seen with my own eyes, and not just the exception. Search our current openings today to find the best fit for you and your career goals. Plus unless you have an offer from MBB, it's a bit irrelevant. Posting as : an As for Accenture strategy being as good as MBB, Accenture technology strategy can probably legitimately claim that. Hope this helps No, I think you'll find plenty of opportunities coming out of a MC stint with Accenture. Accenture Strategy vs Capital One BA for a new grad? Any explanation is helpful. Would you all say that Accenture vs MBB per hour pay is roughly the same given that MBB works significantly more hours than Accenture consulting? 2 reactions. on Apr 12, 2024 MBB vs Investment Banking post-grad decision . Big 4 has a more diverse recruitment process, and they recruit from a wider range of schools. $579,000 – or $49,000. I don't plan on being a career consultant and would like to go for an MBA or to corporate roles afterwords. 9 months. The decision between MBB and Big 4 largely depends on your career goals: If you're looking for high-impact, strategic work with C-level executives, MBB is the way to go. ) to reduce costs First of all, I would say you are absolutely wright with the assessment that there are not so many significant between the MBB / tier-1 (RB, OV, ATK, etc. 2024 Management Consulting Salaries Overview; Accenture Strategy: $32/hr ($48/hr overtime) + $2,500 signing bonus Advisory Board: $25/hr + 1. 8 reactions 3Y. ACTION PLAN. So typically in consulting you wind up in some sort of a niche - I can't speak to MBB, but even my friends at Deloitte, Accenture, etc, all wound up becoming experts in a specific industry (healthcare, logistics, consumer products, etc) - a director level role in that industry tends to be the highest paying exit opportunity. How different really is strategy consulting at MBB vs Accenture or a big 4? From what i can tell, it seems like a mostly similar recruitment pool and pay bands. Explore Consulting. First, it's a great way to set yourself up for Will the rise of Accenture bring it to eclipse MBB firms? Does Accenture have what it takes to compete? Read our expert opinion here. 12 Comments. on Apr 12, 2024 Does Accenture pay more than Big 4 . If you will be part of Accenture Strategy you are looking at higher salaries compared to other parts like Consulting, Technology or Operations. get are mostly operations and not core strategy. But sure, as you start to have a more narrow lens on a specific Big 4 practice, particularly strategy, sure, there’s probably less of a difference. S& and Kearney however are extremely strong. 5 million. The candidates who make this move are usually ones that could've gotten into MBB the first time Accenture’s tech expertise helps position consultants for MBB’s digital strategy needs. If you have to choose between a unicorn startup and a Big 4. The answer depends on which practice areas you are targeting and the exit opportunities you want after you leave consulting. Wondering if this would be a right fit for me if I am looking for something similar to management consulting at MBB firms. Really happy with And if you look at the average number of employees at a Big 4 firm vs. Community Topics Posts Companies The way it has been described to me is that MCK and the MBB firms in general have a specific way of executing strategy work and there is little room for actual Twelve years since I graduated from undergrad with an unclear future, I'm now an Associate Partner / Principal at MBB. Comp 2. What's the culture/WLB like at Accenture Strategy compared to other Big4/MBB firms? Like. OW, RB are also big / growing. The firm also offers performance bonuses of Response 1 of 4: Is this a serious question? MBB partner > Big 4 > Accenture. I’ve never worked at Accenture but in general I’d expect your WLB to be slightly worse at MBB. I found it obnoxious to hear MBA classmates say things like "I'll recruit for MBB and banking as a backup," but now I understand why they do - if you can't get hired into true strategy consulting, banking is the next PE firms generally only recruit out of consulting from MBB. I’m comparing Deloitte Advisory vs Accenture consulting. Edit: Tier 1: MBB Tier 2: Strategy arms of big 4, OW/ATK Tier 3: Big 4 other practices, ACN EYP-OW frequently compete and actually win out against MBB on financial/M&A DD projects. Accenture plc’s stock is up 6. Comparing the work that my friends at MBB and ACN strat do I haven't actually seen a very discernabile difference both in day to day work and on a higher level project scope. go chill As there's a lot of disparity among salaries within North American Market, let's share Canadian salaries here. Additional Resources: Pre-MBA Programs Response 1 of 5: There’s some variation between groups but for consulting it’s something like: 2 yrs Analyst (1 Analyst, 1 Sr Analyst) 2-4 yrs Consultant 3-4 yrs Manager 3-5 yrs Senior Manager Then something like MD -> SMD -> C-suite -> Emperor -> etc Accenture 🐠 what are the levels / hierarchy and how long are you typically at each If you compare at a higher level, yes - by nature of the breadth of work for a Big 4 vs. So if you go to a target, a larger proportion of MBB's hiring is done on your campus. Citi 1. Share 1 . Please advise. 5x overtime Altman Solon: $18,000 (Singapore: S$7,500) I do not know specific numbers but within Accenture it depends on which part of Accenture you aim to join. Response 1 of 5: 🛥 vs 🛶 MBB vs Accenture Strategy comp progression at all levels. Small enough team spread across 5 offices so that it feels very familial. Startup will have better learning opportunities 3. To get into an MBB target school, you must have a super crisp resume and A+ interview skills. (City and Comp is better for Capital One) 1 BA colleagues when I was at C1 were some of the many new grad BAs who got admitted to an M7 MBA and are now at an MBB. In terms of exit opps, prob a little below T2, welllll above B4. This difference in the ownership structure has many implications for how work is sold and delivered within these corporations. Beyond these, I would NOT put too much I have a final round interview for a position in the Management Consulting Analyst Development Program and wanted to know if anyone knows the difference vs the Strategy Analyst Development Program. But that doesn't mean that working in their Oracle implementation practice in Additionally, I couldn't help but compare my comp package with my friends and realized that it is terribly lackluster compared to my friends in other T2s and MBB. 10 Comments. Work with our team to hone these skills with an ex-MBB consultant. B4/ACN for anywhere from 50-100% more money. From Big 4 to MBB Big 4 consultants can highlight their problem-solving and strategic thinking for MBB. Both do apparel, both are great brands, but the level of what you ask in terms of quality is not the same. B-school acceptance rates are very similar outside the top 5 schools, My personal experience of dealing with Big 4 Vs MBB is that 80% of the MBB staff is a lot more polished than 80% of the big-4. The MBB are among the largest recruiters of business school graduates, Depending on tenure, Accenture offers between 17 and 27 days PTO a year, as well as flexible work arrangements. There are a few exceptions to this, as boutiques with a strategy focus and strong PE my case is a bit different. ) firms. 8mo. 2% in 2024, We have always hired both, but will give MBB much more leeway. Saving grace being somewhat better WLB. MBB doesn’t compete head to head with Accenture on RFPs very often, so rarely Is there really that big of difference in recruiting between USC and UCLA MBA? I checked MBB target schools and only one recruits at USC whereas all 3 Response 1 of 5: 🛥 vs 🛶 MBB vs Accenture Strategy comp progression at all levels. Many MBB firms actively recruit from Accenture, recognizing the high caliber of talent and project experience. That’s not overly troublinguntil you look at average performance Response 1 of 8: I was a partner at an MBB and now am an MD at Alix. 5x overtime If you want strategy experience, I'd probably stay away from Accenture (aside from Accenture strategy), vanilla PWC, and non-parthenon EY though, as you really won't get traditional strategy experience which leads to much different exit opps than MBB. Big 4 vs MBB – or Deloitte, PricewaterhouseCoopers, EY and KPMG versus McKinsey, BCG or Bain. Projects are super interesting. That said, it definitely varies by office, practice area, and partner group, and it’s entirely possible to get on back to back to back projects with fantastic WLB Exit ops for pre-MBA are significantly better for MBB. The reporting I've seen on FB suggests that MBB is on average one extra day of work per week vs. x-MBB partners were hired to form it and run it. Toronto/BCG Toronto/HCOL) Would you all say that Accenture vs MBB per hour pay is roughly the same given that MBB works significantly more hours than Accenture consulting? Healthcare. Startup offering better compensation approx 10-20 % higher 2. used to work for MBB (changed for personal reasons, ie, less travel) can say that until manager ACC, in Brazil, is currently about 10% below, not including bonus. Unlock powerful insights, better decision-making capabilities, and create new value by tapping into data you didn’t even know you had. , 2 years at Accenture, then moving to an MBB's PE practice, then going for a fund. Narrow. g. My question goes out to It is best known for serving clients within the areas of healthcare and consumer goods, with a particular focus on the intersection between the two, and on technological innovation within this space. These salaries and bonuses, as well as the acclaim of landing a job at these firms, reflect the high skill level of business school consultants and demonstrate July 2013: Accenture in talks to buy Booz & Company. Here the distinction is made between accounting and consulting practices at big 4 and Accenture. Careers/Post Grad Accenture and the long tail of other firms get hired to do. Posts . S& vs MBB in Middle East. Hello, I’m a former M7 MBA and former consultant. 3Y. Salaries at the entry level are generally more standardized but comp progression is vastly different. Alternatively, you could also think about intermediate steps, e. Posting as : works at . Do you mean switching firms to mbb before the mba or during the mba? I’ve known a lot of people to get T2 internship and then switch to mbb before graduation. The backing of PwC network and the respective advantages and disadvantages of that. Big 4 has a more diverse partner base. Knowing what I know, you would thank The following article describe the major differences between working in the consulting division of a Big 4 Accounting Firm vs working at a McKinsey, Bain or BCG I don't know about cultural differences between the people but if you're looking at it from an undergraduate/graduate program level there are key differences. Differences between MBB firms. Prestige-wise Deloitte is a tier just below MBB while Accenture is further down (but still well known at least). There’s just no comparison imo. Broad vs. go chill What's the difference between MBB Manager vs Accenture/Deloitte Manager? 1 reactions Does anyone know what the starting salary for JP Morgan PB Professional is in the Miami vs Atlanta office? . you know the drill. make some quick outputs to csv and send to ppt guys in strategy to make slides 10AM: maybe it's an easy day. I felt big tech was more competitive, because no one I know in my class got a similar role and 2 alumni did. Exit opportunities are ample. MBB consultants exit to the best business schools and most coveted Hard to say because not that many consultants have worked for both T2 firms and MBB. I know that idea gets passed around on the sub and seems to be pretty popular when snubbing ACN people but honestly I don't think there's as big of a difference as the Response 1 of 12: Ex Accenture and Deloitte, friends at BCG. What would you do. Coaches . Bear in mind you get a bit of a distorted view on this forum, Studying case interview examples is one of the first steps in preparing for the management consulting recruitment process. In other practices it’s certainly possible to assemble a team that could, but in aggregate no. Career Advancements - MBB 3. Kearney is known for niche operations jobs. Toronto/BCG Toronto/HCOL) The Big Three, also known as MBB, all offer base consultant salaries of at least $190k, with Bain offering a total of $192,000. The firm leverages its knowledgeable resources and central service lines in the sector to solve critical problems. Response 1 of 60: Pros: McKinsey Cons: Accenture. Accenture Strategy. But even for me, comp here going forward is Someone here called accenture/deloitte tier 2. 4 reactions. EY (Not EYP) exit opps for PE. As there's a lot of disparity among salaries within North American Market, let's share Canadian salaries here. Report. ACN strat's CEO-ES and CFO-EV practices probably are the closest competitors to MBB for the kind of work you are imagining. Like Understanding the differences between the Top 3 firms, MBB firms, and the Big 4 accounting firms, versus the tier 2 boutique firms, is absolutely essential to get off on the right foot. Tech Strategy Shops such as Accenture are typically T2 and below. The most notable difference is in the type of case interviews conducted: McKinsey uses a candidate-led approach, while BCG and Bain opt for an interviewer-led cases. Its sometimes less than half, what we earn vs MBB. , if McKinsey and Accenture work on the same project, will the McKinsey, BCG, and Bain (MBB) are very different companies. Like Reply. If you’re from big-4 or tier-2, you need to blow us Turned down the ACN return offer and took a full-time offer with an MBB. Accenture 1 After 1-2 years there, you could then reapply for MBB. Accenture also has an arm focused on systems implementation (e. AMA. As Arthur Andersen, Accenture used to be part of the ‘Big 5’ consultancy firms offering a range of professional services including management consultancy. True story - and this is how it is with MBB campus recruiting leads at the invite only "get to know you" events It's kind of silly, but at the same time required so that your interviewers know who you are on a personal level View from the inside: how I view MBB vs Tier-2 when hiring on my corporate strategy team . Within a given office, you have 8-9 actual consultants for 1 support guy. YoE: 5 years Tech : SAP BW4/HANA Profitability of Accenture vs TCS. If a career in management or strategy consulting sounds like it might be right for you, you can learn more in our complete guide to the management In management consulting, MBB stands for McKinsey & Company, Boston Consulting Group, and Bain & Company, the three most prestigious firms in the industry (also known as the “Big Three”). K. Accenture and IBM are both ranked above MBB for IT strategy consulting. I currently lead a corporate strategy team at a large bank. Posting as : PwC 1. From a corporate perspective, exit ops are pretty similar. They are also referred to as MBB. Other. They, on the McKinsey, Bain, and BCG (the Big Three or MBB) are by far the most prestigious consulting firms – as surveyed by Vault in 2023. That's why they're more glamorous than the others. Ex: a second year analyst at Deloitte might have to accept the salary and responsibility of a first year analyst at MBB. how much is the difference? 2 reactions. Projects will likely be the same between both. Plus strategies for moving from a boutique firm to an MBB firm. We didn’t discuss pay yet but was wondering if anyone knew the average pay? In our specialty (pricing, sales strategy, GTM, market positioning, etc. In 2022, Accenture was ranked as the 6th best company to work for, which is an impressive shift from the 2021 rating, where it was listed as 44th. Accenture Strategy and Deloitte Consulting feature in the Top-5 list of the top consulting firms/recruiters, edging out American firm A. But this year, Accenture led that pack—bumping McKinsey & Company from the head of the list—with Accenture receiving 26 5-star ratings and one 4-star rating, while McKinsey received 24 5-star Monkeys: I feel like there are a lot of misconceptions/ confusion about Accenture Strategy so wanted to start a Q&A to give anyone interested an opportunity to get more info. Find out the latest 345 discussions in December 2024. 1. MBB has top talent whereas Big 4 has a wider range of talent. Deloitte Rankings. You are currently posting as PwC 1. 2. If a career in management or strategy consulting sounds like it might be right for you, you can learn more in our complete guide to the management First things first - for you the applicant, the most immediately important differences between MBB firms are in the selection processes which you will have to make it through to land a job with them. That said. Banking casts a wider net of schools so it's a bit less elitist in that sense. While these firms have strong brand recognition and Digital projects are mostly similar between MBB and Accenture Strategy focused on Digital. 2 As a result, once you leave MBB, you are provided with exit opportunities that are harder to come by compared to having a background at other consulting firms. In management consulting, MBB stands for McKinsey & Company, Boston Consulting Group, and Bain & Company, the three most prestigious firms in the industry (also known as the “Big Three”). Just compare an MBB ($190K) to start against a Big 4 firm ($175K). 9AM: make sure the code I ran overnight didn't break. To the Consulting world, I currently have a solid gig at Accenture in Management Consulting (primarily on Tech engagements), but most recently have been heavily solicited by all of the Big 4 firms that are building up their Management Consulting practices for Tech Advisory. And, to be honest, there’s not that much difference between the two. Companies . Accenture Strategy typically is within the range of other Tier 2 companies like RB. 1w. They are all staffed by incredibly high-performing and intelligent people, have a strong support network of staff and resources, offer great salaries and perks, and have How often does MBB beat Accenture on RFPs? 1. Accenture Rankings. With market correction Response 1 of 16: In restructuring they are the top tier. She asked me a series of questions and I ended up giving my 2 cent PwC’s advisory segment competes against Accenture’s consulting services. E. But they have similarities, too. YoE: 5 years Tech : SAP BW4/HANA Response 1 of 5: There’s some variation between groups but for consulting it’s something like: 2 yrs Analyst (1 Analyst, 1 Sr Analyst) 2-4 yrs Consultant 3-4 yrs Manager 3-5 yrs Senior Manager Then something like MD -> SMD -> C-suite -> Emperor -> etc Accenture 🐠 what are the levels / hierarchy and how long are you typically at each Need some perspective. The firm’s footprint is massive, with an estimated 700,000 employees across the world. I've managed to land an offer for Accenture Strategy and for Mars & Co. When you compare only strategy practices in Big4 to MBB decks, it can be wash and preference goes with what the client is expecting and what decisions they want to make next and in Join conversations about MBB vs FAANG with other professionals. Big 4 consulting - that alone makes a huge difference Anyone working at Accenture can advise on what strategy practice (ATIOS) does? It supposedly involve trading and risk management, investment analtics, and financial structuring and optimisation. e Accenture offers exposure to all those areas where MBB dont play giving you more experience in e2e business problems. Posting as Differences between boutique and MBB consulting firms, including size, projects, salaries, etc. I knew someone who had failed the final round shortly pre-INSEAD and Response 1 of 29: MBB cyber security specifically isn’t really a thing that exists. Kearney. And even some very large international consulting firms, like Accenture, that are publicly traded Our research into the top routes into McKinsey, BCG and Bain shows that between 2020 and 2022, experienced professional hiring accounted for as much as 40% of total recruitment in some MBB offices. Prestige 3. You are currently posting as works at Accenture. When I was in industry and hired them, our procurement team forced use of our travel agent into the contract, as on a prior project they felt Accenture was charging us for higher average airfares than they should have been (probably just last minute or refundable bookings). As for Accenture strategy being as good as MBB, Accenture technology strategy can probably legitimately claim that. I've seen it happen quite often. Call them the year1 through year4 "senior manager" roles. Lots of clean up happened by fire and hire. ACN and BCG are the only good options. I didn't write much about that because I thought people would be more interested about the MBA part. This difference in the ownership structure Any consulting experience helps, as well as sector experience. Work The only reason: you jump are: - Counseled out - You truly hated the people - maybe wlb (Accenture doesn’t have that much better wlb as you’re pushed to be on the road every week) Like. ’. Not sure if Accenture As of 2022, four of the ten largest consulting firms by revenue are the consulting branches of the Big 4 firms, while MBB firms end up below them. I partnered with the amazing Kajol Patel from@Kajol Phadnis Patel - Management. Perhaps it’s more accurate to say that there are many reasons that make consultants at these 3 firms part of an elite club. , Accenture > MBA > MBB), or 2) when they get elected to Partner especially if they have strong client relationships or content depth in a hot topic (e. 1) Which is better for This person was Accenture to MBB, so not quite Big4, but their posts are some of the more comprehensive reviews of the differences. Accenture Strategy starts MBAs at $175,000, no different than the MBB — with total compensation rising to potentially $230,000. thousand, five thousand, ten thousand person boutiques. Compensation is higher for me now but probably I would not have been promoted as quickly early in my career if I was at AP. I have been researching Consulting as one possible career option. can’t speak to faang MBB hires the smartest people, pays the highest compensation, and has the best exit opportunities. if seniority at MD level is the sameyou can’t really compare partner to MD since partners make more due to the equity stake. There’s a reason why McKinsey, Bain, and BCG are the top dogs in the management consulting industry. KPMG / PwC (Originally Posted: 05/26/2012). If you’re in 𝗝𝗼𝗶𝗻 𝗮 𝗙𝗥𝗘𝗘 𝘄𝗼𝗿𝗸𝘀𝗵𝗼𝗽 𝘄𝗶𝘁𝗵 𝗮 𝗳𝗼𝗿𝗺𝗲𝗿 𝗠𝗰𝗞𝗶𝗻𝘀𝗲𝘆, 𝗕𝗮𝗶𝗻, 𝗼𝗿 𝗕𝗖𝗚 Quiz: Which MBB Is Right For Me? Shop; Search. tuofqpb qnwcj ghzrja rngit ksvcfb awuln vqfxym mhol wjdao yax