Consultancy research website The Vault has recently published its annual list of the best consulting firms to work for, the Vault Consulting 50.
The ranking is based on the results of a survey amongst thousands of current consulting employees. Factors that are taken into account include an employer’s prestige, work culture, salary and compensation package, work-life balance, and more.
According to the Vault Consulting 50, these are the Top 10 firms:
As Bloomberg notes, the top consulting firm are increasingly competing with the leading tech firms. In order to attract the best candidates, consulting firms are changing some of their practices, including increasing availability of flexible work hours, opportunities to work remotely from home, and other options that boost employees’ work-life balance.
Of course, only the very best candidates are competitive to be considered for jobs at the leading consulting firms. Among other relevant factors, an applicant’s GMAT score will play a considerable role in the selection process. For example, an informal survey among current and former McKinsey consultants has revealed that, in addition to a prestige MBA degree, a GMAT score of at least 710 is ideal to be competitive at this most prestigious of consulting firms. Indeed, a GMAT score in the 700+ range is generally required to land a job at any of the top consultancies.
The full Vault Consulting 50 Ranking can be found here.