McKinsey & Co. top consulting employer in the US

Vault has just released its guide to the USA’s top consulting employers, and McKinsey & Company ranks first overall in prestige. This is McKinsey’s seventh consecutive year in the top spot. In addition to rating peer firms on prestige, respondents were asked to rate their own firms on various quality of life issues such as company culture, compensation, hours and diversity.

It's also great to see an HR consulting firm also in the top 10 consulting employers along with all the strategy consulting firms up there. Great to see that working on HR consulting projects is seen as "prestigious" in the US.

It's very interesting to see that there are three 'related' firms in the top 10, Oliver Wyman's general management consulting division, the financial consulting division and Mercer HR consulting.

I only wish that there was an Indian firm like Vault or Kennedy Info to research similar data for the Indian management consulting industry.

3,640 consulting professionals took Vault's Consulting Survey in the spring of 2007. They were asked to rate consulting firms on a scale of 1 to 10, based on how prestigious they deem employment at each firm. Vault averaged the prestige scores for each firm and then ranked them in order. It's interesting to compare this to Consulting Magazine's 2006 list of the best firms to work for. Notice how the ranking's change when "prestige" is taken out of the equation?

The top 10 firms as ranked in the Vault Guide to the Top 50 Management and Strategy Consulting Firms are as follows:

1. McKinsey & Company                              New York, NY
2. The Boston Consulting Group                     Boston, MA
3. Bain & Company                                  Boston, MA
4. Booz Allen Hamilton                             McLean, VA
5. Monitor Group                                   Cambridge, MA
6. Oliver Wyman - General Management Consulting    New York, NY
7. Oliver Wyman - Financial Services               New York, NY
8. Deloitte Consulting LLP                         New York, NY
9. Mercer Human Resource Consulting                New York, NY
10. The Parthenon Group                            Boston, MA