One of the business centers of the world is New York City. If you want to be in the center of the action, we’ve identified 10 of the top consulting firms in New York. So, if you want to work for a consulting firm in NYC, start your journey here.
Beware though – New Yorkers are a different breed. How do we know that they think the universe revolves around them? Well, for one, when we set our calendar on West Coast time, they show up on East Coast time. Because, who (that matters) lives outside the Big Apple?
Jokes aside, we love the great city of NYC. If you are a New Yorker, just moved there with hope and zeal to conquer the consulting world, or are just looking for some world-class information on the top consulting firms in NYC, you’re in the right place!
What about the Top Boutique Consulting Firms in New York?
Interested in some of the top boutiques that call New York home? Skip down to our Boutique listing. Now for the main event – drum roll please…
Yes, the great McKinsey has its headquarters in New York, located at 55 E 52nd St on the 21st Floor. Founded in 1926, McKinsey now has its largest global office in New York (more than 500 consultants call it home). In addition, more than 3000 alumni – many of whom are business founders and CEOs – remain in the area. The office is incredibly diverse, with some incredible talent from 35+ countries and folks that speak 29 languages.
Primarily, McKinsey New York caters to the financial services, healthcare, advanced electronics, aerospace and defense, and TMT (technology, media, and telecommunications) industries. McKinsey’s New York office recently received a perfect score for the 16th year in a row on the Human Rights Campaign 2022 corporate equality index. The index identifies the best places to work in regards to LGBTQ+ equality and gender equity for women.
McKinsey’s presence in the Big Apple outweighs the other Big 3, which is why the firm wins our #1 spot in NYC. Some of the “best” long-term McKinseyites have found themselves in NYC, which says something about the available opportunities and office culture. Furthermore, McKinsey boasts significant support staff in the office as well.
Compensation and benefits are near the top of the market, and so are not adjusted for NYC living. When it comes to your take-home pay, you’ll be better off in Atlanta or Dallas as a young consultant. However, we understand if the magnetic draw to the Big Apple is just too much.
Getting into McKinsey is always difficult, but it’s even tougher in NYC. With many target recruiting schools nearby and hundreds of aspirants swarming around, it’s a highly competitive office.
2.The Boston Consulting Group
BCG has a strong presence in the New York, Boston and New Jersey regions – almost as strong as McKinsey. BCG NYC is located in the colossal state-of-the-art Hudson Yards development. BCG’s home, 10 Hudson Yards, is like a city within a city and is considered the largest real estate deal in U.S. history (jaw drop!). A second, 90-story office tower, 30 Hudson Yards, serves as the new corporate headquarters for Time Warner and KKR. All of the 500+ BCGers in New York are located in this spacious office. A birdie told us that the consultants at the New York office helped design the office space because their current Managing Partner said “People should be the author of their own space”. Classic BCG creativity at work!
Some of the major projects that the NYC office works on are related to corporate development, corporate finance, digital economy, globalization, growth, information technology, marketing & sales operations, people and organization, post-merger integration, risk management, strategy, sustainability, and transformation. In addition, the New Jersey office focuses much more on pharmaceutical / life sciences projects compared to NYC.
Compensation is on-par with Bain, BCG, and some of the other top market players. Yet, hours are long and hard (isn’t that why you signed up in the first place though?). Overall though, BCG NY is an amazing place to work.
The global behemoth, Deloitte Consulting, is headquartered in New York with offices located at 30 Rockefeller Plaza. Deloitte’s offices in New York claim over 5,000 professionals in Audit, Advisory, Financial Advisory Services, Tax, and Consulting – while they’re not all in consulting, the firm’s presence here is huge. Because of its size, the office in New York is very transient and has a hoteling system (so you don’t have an assigned desk) – so if you land an offer at Deloitte NYC, be prepared to travel a lot.
The Manhattan office was awarded the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) Certification at the Gold level for commercial interiors. Deloitte has designed its U.S. flagship office as a state-of-the-art and next-generation workplace. Fun fact: 30 Rock is where you get to see NBC anchors and other TV stars on their way to work! (That’s pretty cool, but the cool factor may wear off after many long days and nights in a row).
The New York office boasts great diversity, and it’s a heavy-hitting office; most of Deloitte’s top leaders work out of here. Deloitte is big on community service, and in NYC they have a famous IMPACT day where all their 5000 employees spread out across New York on community service projects. Deloitte is also involved with New York Cares Day, Big Brother Big Sister of New York City, Race for the Cure, the New York City Marathon, and the NYC Multiple Sclerosis Bike Tour.
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PwC, another shining star in NYC, is headquartered in New York at 300 Madison Avenue. PwC’s mothership manages a network of member firms with 83 offices across the U.S.
The New York office focuses primarily on projects that touch cybersecurity, financial services, fashion & retail, and more. Compared to the Top 3, employees have a decent work-life balance and get to rub shoulders with some of the creme de la creme of PwC – like Deloitte, the big brass hang out in the NYC offices.
The office environment can be quiet on weekdays, and even Fridays – working remotely is permitted as long as the work gets done. PwC does offer great flexibility – their vacation and holiday policies arevery good. The NYC office skewsyoung – staff members are heavily junior.
Bain, one of the world’s most prestigious consulting firms, was founded in 1973. InNew York, Bain is located at 1114 Avenue of the Americas on the 43rd Floor. To support the office’sgrowing employee base, Bainmoved in 2015to a new location in the fashionable Grace Building, which is located directly across the street from historic Bryant Park.Theoffice has a very hi-tech conference room that is used to connect with globalBainies at all levels.
What does the New York office specialize in? Although Bain is a big revenue generating firm, thisoffice also hasa huge pro bono case practice area. They provide free consulting services for not-for-profit organizations every year. In 2015,New York office staff worked for NYC DOE design, a project which was received very favorably by the city’s mayor, whoeven visited theoffice.Previously, the New York office alsoworked for the Alliance for Downtown New York.After 9/11, they were left rudderless, lacked vision, and lost their luster – so they reached out to Bain.The Alliance implemented Bain’s recommendations and has become a successful advocate for transportation issues, enlisting the help of many large businesses in the downtown area (e.g., Bank of New York, AIG, Depository Trust, Standard & Poor’s, etc.)
Bainiesin NYC work to support their clients on nearly every industry and across all ranges. The teams are comprised of enthusiastic, intelligent, outgoing and dynamic people from all walks of life. Inthe NYC office, they are open to hiring intoAssociate Consultant and Consultant full-time positions from top tier universities and leading business schools but focus specifically on Northeast Ivies as their core recruiting base. Their summer internship programs are open to both first year MBAstudents as well as undergraduate students, and the office has recently begun focusing extensively on APD recruiting as well.
As with Deloitte and PwC, EY Consulting isheadquartered in New York and is located at 5 Times Square, right in the heart of it all.
EY is the world’s 2nd largest accounting firm, and is coming on strong in consulting as well after its acquisition of Parthenon. Before the acquisition of Parthenon, consulting at EY was really synonymous to Advisory (not strategy). Some of the major Advisory practice areas this office is involved in include: Performance Improvement, Risk, and IT. Parthenon brings in a new flavor, and the firm’s New York office now also works on strategy projects across industries.
We’ve heard that the atmosphere at EY is far better than Deloitte – more collegial and focused on personal development, although skills training isnot usuallyas strong. Recently,new things are happening inthe SAP consulting side – if you are big on that, then it’s the right place to be now and also likely for at least the next couple of years.
Ernst & Young recently announced the completion of a lighting retrofit project in its U.S. headquarters in New York City. Fun fact: the project’s installation of energy-efficient lighting was one of New York City’s largest lighting retrofits ever.
While the firm is technically headquartered in Chicago,the New York office is considered somewhat of another HQ; with anemployee count ofclose to 2000, it’s one of the largest consulting offices in all of New York. ThisNew York Office is located at 1345 Avenue of the Americas. The office is not as fancy as many of the top firms, however, which dinged it in our book – for a large global firm to have an office that requires a facelift, with the global image team of Accenture sitting there, is ironic.
The main industries served out of New York include Public Services,Products, and not surprisingly, the Financial Industry. Accenturehas a nearly-secret, much smaller, unofficial office on 11 Broadway. A few dozen consultants working in technology for the financial service industry are based at the Broadway office.
Their functional areas are analytics, high-end information technology, BPO, healthcare, marketing & sales, media & communication, finance & risk, cyber security & financial services. The office at NYC has grown quite a bit the past ~7 years. The employees have never-ending career opportunities, a great atmosphere in which towork with colleagues (including manytech geniuses), great benefits and the compensation is competitive. However, the New York office is not for those who do not want to work – this is a place where tons of work is distributed across teams, and work-life balance is a challenge – so go young, work hard, and move on!
Located at 345 Park Avenue, KPMG’snewly renovated New York office located in the heart of Manhattan is the U.S. HQ forthe audit, tax, and advisory firm. This office is home to over 2300 employees in the Audit and Risk, Advisory Services, and Tax practices, including 152 Audit and Risk Advisory Services partners and 61 Tax partners.
Like EY, KPMG has called practice areas consulting that aren’t really pure consulting in the way the rest of the strategy and management industry thinks about it. Heck – you could call tax advice “consulting” if you really wanted to. Therefore, they got demoted on our overall list.
The functional areas focused on in the NYC office include tax, regulatory, audit, advisory, financial services, and technology. The NYC office offers a great place to start a career; there is a great training system and great working environment. However, the pay is not great compared to other offices and the number of managers available to invest in your career are limited.
9.Booz Allen Hamilton
For a firm that is over100 years old, it’s not surprising that this onehas a prominent presence in New York. Located at1095 Avenue of the Americas, BAH’sNew York officeoffers a dynamic number of services but focuses specifically onCybersecurity, Information Technology, Modeling & Simulation,Organization & Strategy, and Systems Engineering & Integration.
In short, it’s a pretty back-end focused office with a lot of technical people working there. The office sponsors typically lively extracurricular entertainment and has food and beverages galore at its events, but is known for high utilization, lots of work, and relatively low pay for NYC compared to its peers. There is a ton of government-centric consulting work at Booz Allen, if you’re not interested in that area, then it will be mundane and is clearly not a good fit for you. However, it is on the Federal holiday schedule (yippee) but you do have few opportunities for commercial work.
10.IBM Global Business Services
Welcome to old school IBM: IBMGlobal Business Services. This corporate office is located at1 New Orchard Road, and automatically gets the ding for most consultants because the office is not in Manhattan, so either your commute is gnarly or you’re resigned to suburban living.
Should you apply for this office?It is focused on the key practice areas ofIT infrastructure, analytics, mobile, customer service, cloud computing, and security. It’s a highly technical office, and strategy work you do will largely be diagnostic – pre-sales to IBM’s implementation services.
Honorable Mention: Top Boutique Consulting Firms in New York
These are the top boutique consulting firms in New York (not big enough to make our top firms list, but still cool places to work and great places to start or advance careers):
- The Brattle Groupis an economic anti-trust consulting firm with an office in New York and HQ inCambridge, MA.
- MindStrongis a strategic and consulting firm based in New York.
- Cornerstone Researchprovides attorneys with consulting for many facets of the litigation process – they have an office locatedin New York, but HQ inSan Francisco, CA.
- The Chartis Groupprovides strategic planning in clinical transformation and information technology consulting services with an office located inNew York.
- Stern Value Managementis a consulting firmon value management, value strategy, and value creation. With HQ in New York, firm practices are based on the EVA methodology.
- Marakon (now a part of Charles River Associates) is a corporate strategy consulting NY firm with the experience and track record of helping CEOs and their leadership teams achieve winning performance and build stronger organizations.
- Novantashas HQ in New York and is an analytic advisory services and technology solutions for financial institutionsaround the world.
Each of these top consulting firms in NYC is a great place to begin or continue a consulting career. Know what you’re looking for, and get ready to rumble in the Big Apple! Work with our expert team to get your resume ready for the competitive NYC applications, and then pivot your focus to case prep with an MBB coach.
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What is the #1 consulting firm? ›
McKinsey is known as the “gold standard” in management consulting and is the most recognized management consulting firm in the world. McKinsey hires the smartest and most talented people and has generated the greatest number of Fortune 500 CEOs.Who are the Big 4 in consulting? ›
The Big 4 firms in management consulting are Deloitte Touche Tohmatsu (Deloitte), KPMG International (KPMG), PricewaterhouseCoopers (PwC), and Ernst & Young (EY). As of 2020, they are the four largest consulting firms in terms of revenue.What is the most prestigious consulting firm? ›
- #1. SCORE 9.100. 2021 Rank 1. McKinsey & Company. ...
- #2. SCORE 8.828. 2021 Rank 2. Boston Consulting Group. ...
- #3. SCORE 8.755. 2021 Rank 3. Bain & Company. ...
- #4. SCORE 7.210. 2021 Rank 4. ...
- #5. SCORE 6.786. 2021 Rank 5. ...
- #6. SCORE 6.706. 2021 Rank 10. ...
- #7. SCORE 6.646. 2021 Rank 7. ...
- #8. SCORE 6.601. 2021 Rank 8.
What are MBB (Big 3) 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”).What is the highest paid consultant? ›
- Software consultant.
- Business consultant.
- Security consultant.
- Management consultant.
- Financial consultant.
- Systems consultant.
- Senior consultant.
- United Educational Services. 4.6. ...
- Nexus Educational Services Pvt Ltd. 4.4. ...
- Groovy Overseas Educational Consultants. 4.7. ...
- Iaec Consultants Pvt Ltd. 4.0. ...
- Texas Overseas Educational Consultants. 4.8. ...
- I20fever. 4.6. ...
- Orient Spectra Consulting Pvt.ltd. 4.5. ...
- Career Wings Consultants. 4.0. 2 Ratings.
Which big 4 accounting firm pays the most? Well it depends on which practice you want to go into. If you want to make the most money in consulting, Deloitte pays the best. However if you want to make the most money in auditing or tax PwC is likely your best bet.What is the salary in Big 4? ›
Average Big 4 Accounting Firms Consultant salary in India is ₹ 10.8 Lakhs for less than 1 year of experience to 8years. Consultant salary at Big 4 Accounting Firms India ranges between ₹ 7.3 Lakhs to ₹ 15.3 Lakhs. India.Is Grant Thornton Big 5? ›
#5 – Grant Thornton LLP.
|Grant Thornton LLP||Details|
|Revenue||1.45 billion USD|
McKinsey's education and technology practices are much stronger than those of BCG or Bain. But in private equity, Bain offers more. MBB have strong resources and expertise in specific areas, and candidates with different backgrounds usually have a better chance at one of them over the other consulting firms.
Who pays more McKinsey or BCG? ›
In 2022, starting base salaries for new MBA grads at the three firms was $175,000. Going into 2023, however, Bain and McKinsey will offer $192,000 base salaries and BCG will offer $190,000.Which consulting firm is best to work for? ›
Vault's 2021 Rankings of the Best Consulting Firms to Work For
- Bain & Company.
- Boston Consulting Group.
- McKinsey & Company.
- Booz Allen Hamilton.
- Oliver Wyman.
- ClearView Healthcare Partners.
- Deloitte Consulting LLP.
The pay is higher as well. Top 3 firms charge clients 3-4 times more per day than Big 4 firms due to the nature of the work, and this gets reflected in the average compensation for consultants. A partner at a Top 3 firm will often make three times more than a partner at a Big 4 firm.Is it the Big 3 or Big 4? ›
The Big Four are the four largest professional services networks in the world, the global accounting networks Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers (PwC).How hard is it to get a job at McKinsey? ›
How Hard Is It to Land a Job at McKinsey? According to a recent interview, the firm accepts only 2,000 out of 200,000 applications. This means you only have a one percent chance of getting hired. However, this should not deter you if you feel you have the right skills and experience.Can consultants make millions? ›
I mean, you can earn a million a year consulting, for sure. You can probably find ways to earn a million a year doing most things. But one thing you'll need in most every scenario is a team. So how much should you expect to earn running your one-person consulting business?Do consultants make a lot of money? ›
The most recent data for 2022 shows that consultants make an average of $6,954 a month. That equates to $83,448 a year. This same research indicates that monthly salaries for consultants can be as high as $16,417 (about $197,000 a year).What consulting firm has the best work life balance? ›
Best Work/Life Balance (see bottom top left): Behind Booz Allen was IBM (98.8%), Protiviti (98.1%), PricewaterCoopers (97.5%), and Alvarez & Marsal. The Big Three are in the middle or lower end of the pack at 92% for Bain, 88.8% for BCG, and 84% for McKinsey.Which is the best consultancy for Masters in USA? ›
- P. Nexus Educational Services. 4.6. ...
- I Studentz Group. 4.2. 166 Ratings. ...
- G. Iaec Consultants Pvt Ltd. 4.1. ...
- Mba Academy. 4.7. 26 Ratings. ...
- A Axis. 3.5. 2 Ratings. ...
- Sagittis Edu Tech. 5.0. 4 Ratings. ...
- Oaks Overseas. 4.4. 19 Ratings. ...
- Visa Vendor Overseas Educational Consultancy. 4.7. 107 Ratings.
DSS HR is one of the best and most experienced overseas job consultants in India. It has more than 40 years of experience in overseas recruitment.
Which consultancy is best for abroad study? ›
- LeapScholar: Powering global education dreams with a team of study experts for multiple popular student destinations.
- SI-UK: Helping students apply to UK's most popular universities.
- Edwise: Overseas educational consultants and admissions guidance.
McKinsey's education and technology practices are much stronger than those of BCG or Bain. But in private equity, Bain offers more. MBB have strong resources and expertise in specific areas, and candidates with different backgrounds usually have a better chance at one of them over the other consulting firms.Is Booz Allen a big 4? ›
Strategy& is the strategy consulting business unit of PricewaterhouseCoopers (PwC), one of the Big Four professional service firms. Founded by Edwin G. Booz as Business Research Service in Chicago in 1914, the firm underwent numerous name changes before settling on Booz Allen Hamilton in 1943.Is Accenture better than Deloitte? ›
Deloitte scored higher in 6 areas: Culture & Values, Diversity & Inclusion, Senior Management, Compensation & Benefits, Career Opportunities and Positive Business Outlook. Accenture scored higher in 1 area: Work-life balance. Both tied in 3 areas: Overall Rating, CEO Approval and Recommend to a friend.Is EY a top consulting firm? ›
Ernst & Young
It is often the first firm mentioned when industry experts discuss the Big Four accounting firms, keeping competitive pace with its rivals Deloitte, KPMG, and PwC. EY is known for offering assurance (financial audit), consulting, tax, and advisory services to its customers.
At McKinsey, the salary for entry-level consultants (Analysts) ranges from $90,000 to $110,000 per year, while the figure for MBA-level/experienced Associates can go up to $233,000. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000.What Big 4 firm pays the most? ›
Which big 4 accounting firm pays the most? Well it depends on which practice you want to go into. If you want to make the most money in consulting, Deloitte pays the best. However if you want to make the most money in auditing or tax PwC is likely your best bet.Why is McKinsey so prestigious? ›
Within MBB firms, McKinsey is the most prestigious and well-known, both inside and outside the industry. This is the result of their early and continuing success in maintaining extremely high standards in recruitment and project deliverables.Is Booz Allen better than Deloitte? ›
|Compensation and benefits||3.9||3.7|
|Job security and advancement||3.4||3.7|
Booz, Allen, and Hamilton pays its employees an average of $88,944 a year. Salaries at Booz, Allen, and Hamilton range from an average of $62,959 to $129,882 a year.
Is it hard to get a job at Booz Allen? ›
Yes, it is hard to get a job at Booz Allen Hamilton.
They cater to a clientele that includes businesses, the U.S. government, and military organizations. The company only seeks seasoned professionals, candidates that have exceptional demonstrable skills, or exemplary work portfolios in their area of expertise.
What is the highest salary in Deloitte? The highest-paying job at Deloitte is a Partner with a salary of ₹107.4 Lakhs per year. The top 10% of employees earn more than ₹22 lakhs per year. The top 1% earn more than a whopping ₹38.97 lakhs per year.Is McKinsey better than Deloitte? ›
Deloitte scored higher in 1 area: Work-life balance. McKinsey & Company scored higher in 8 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Senior Management, Compensation & Benefits, Career Opportunities, Recommend to a friend and Positive Business Outlook. Both tied in 1 area: CEO Approval.Who is Deloitte's biggest competitors? ›
- Wipro Data and Analytics Services.
- EXL Data and Analytics Services.
- PwC Data and Analytics Services.
- Accenture Data and Analytics Services.
- Tata Consultancy Services Data and Analytics Services.
- Teradata Data and Analytics Services.
"Big 4" used to refer to accounting firms. Accenture used to be a part of the "Big 5" with Andersen, but they had to re-brand because of the Enron scandal. They no longer do accounting.Which consulting firm is best to work for? ›
Vault's 2021 Rankings of the Best Consulting Firms to Work For
- Bain & Company.
- Boston Consulting Group.
- McKinsey & Company.
- Booz Allen Hamilton.
- Oliver Wyman.
- ClearView Healthcare Partners.
- Deloitte Consulting LLP.
In 2021, McKinsey & Company was rated as the most prestigious consulting firm in the United States with a 8.98 rating. Of all the consultancy firms, the best known are the Big Four, accounting for almost 40 percent of the global market - Deloitte, PwC (Pricewaterhouse Coopers) , EY ( Ernst & Young) and KPMG.