Is McKinsey a big four?

What is difference between MBB and Big 4

The Big 3 is one of the names given to the three largest strategy consulting firms by revenue: McKinsey, Bain & Company, and Boston Consulting Group (BCG). They are also referred to as MBB. The Big Four consists of the four largest accounting firms by revenue: PwC, Deloitte, EY, and KPMG.

Which Big 4 is best for consulting

The Big 4 Consulting Firms are PwC, Deloitte, EY, and KPMG. They are the top 4 Consulting firms in the world. They are well known for being the top audit firms in the world.

What is the difference between Big 4 and Big 3 consulting

Explanation of Big 4 vs Big 3 Firms

Big 3 firms are also global and large, but smaller than the big 4 firms – this is because they focus largely on management consulting, in particular strategy consulting. Traditionally, the big 4 firms specialized in accounting, and the big 3 firms focus on management consulting.

Who is in the Big 4

What is the Big 4 The Big 4 are the four largest international accounting and professional services firms. They are Deloitte, EY, KPMG and PwC. Each provides audit, tax, consulting and financial advisory services to major corporations.

Is McKinsey better than BCG

There's a lot of factors to consider but BCG and McKinsey are generally on par in most aspects except for two: Specialization: McKinsey employs a vast number of true experts that are highly specialized, and a great value add in the interplay with client facing generalist consultants.

Are Big 3 better than Big 4

Typically, the Big 4 apply specific, predetermined tools to problems within defined subsets of the client company. This is very different from the Big 3 consulting firms, which employ more wide-ranging, free-form solution-finding processes and deal with the client company as a whole.

Is Big 4 or MBB better

Prestige and exit opportunities. The MBB and Big 4 firms are all quite prestigious. But, since we're comparing the two groups, the MBB firms are considered to be more prestigious for strategy and management consulting. As we've covered previously, the Big 4 tend to have an edge in implementation consulting.

Which Big 4 pays the best

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.

Is McKinsey a Big 3

The three consulting firms widely regarded as constituting the Big Three or MBB are McKinsey & Company, Bain & Company and Boston Consulting Group.

Which Big 4 firm is the biggest


The largest of the Big 4, Deloitte, earned $59.3 billion in revenue in 2022. It operates in more than 150 countries and employs 412,000 professionals.

What is the smallest of the Big 4

KPMG firms

The smallest of the Big 4, KPMG firms operate in 146 countries and territories across the globe. It offers audit, tax and advisory (consulting) services. Consulting areas include business performance, business protection, digital adoption and transformation, and environmental, social and governance.

Who pays more BCG or McKinsey

BCG ranks fourth overall at $219,000 in total compensation, slightly above sixth-ranked McKinsey ($214,000) and nearly $20,000 higher than Bain ($200,000).

Is McKinsey the hardest to get into

Management consulting firms such as McKinsey, BCG and Bain are notoriously difficult to get into. McKinsey receives ~200,000 applications every year and ends up hiring about ~2,000 new consultants. That corresponds to 1% success rate.

Is it Big 4 or Big 5

The "Big Four" is the nickname for the four largest accounting firms in the United States, as measured by revenue. They are Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and Klynveld Peat Marwick Goerdeler (KPMG).

Why Big 4 and not Big 5

History of the Big 4 accounting firms

In the late 1990s, the Big 6 became the Big 5 when Price Waterhouse merged with Coopers and Lybrand to form PricewaterhouseCoopers (later stylised as PwC). Five became four in 2001 after the insolvency of Arthur Andersen due to the firm's involvement in the Enron scandal.

Which of the Big 4 is hardest to get into

Overall Comparison and Trends: A Holistic View

Company Acceptance Rate
Ernst & Young 3.5%
Deloitte 4%
PricewaterhouseCoopers 4-5%

22 thg 6, 2023

Which Big 4 pays the most for interns

According to Glassdoor, the Big 4 firm that pays its interns the most, with median monthly pay of $4,825, is … Yep, the Black and Yellow, which ranked No. 17 overall. EY is followed by Deloitte at No.

Is McKinsey better than Deloitte

Deloitte has a rating of 4.5 stars with 2 reviews. McKinsey has a rating of 4.2 stars with 16 reviews.

Is it the Big 3 or Big 4

The top 3 management consulting firms are McKinsey, Bain, and BCG, known as MBB firms. The are not necessarily the largest firms, but the firms with the most prestige and can command high fees to their clients. The big 4 refer to the top 4 accounting firms.

Who were the Big 8 firms

This book focuses on the firms that make up of the Big Eight – Arthur Andersen; Arthur Young; Coopers & Lybrand; Deloitte Haskins & Sells; Ernst & Whitney; Peat, Marwick, Mitchell; Price Waterhouse; and Touche Ross.

What are Big 5 firms

Big 5 Accounting Firm means any of the independent public accounting firms of Xxxxxx Xxxxxxxx, Deloitte & Touche, Ernst & Young, KPMG Peat Marwick, PriceWaterhouseCoopers, or their successors.

Which Big 4 is the most popular

Revenue of the Big Four accounting / audit firms worldwide in 2022 (in billion U.S. dollars)

Characteristic Revenue in billion U.S. dollars
Deloitte 59.3
PwC 50.3
EY 45.2
KPMG 34.64

30 thg 5, 2023

Is McKinsey the most prestigious

In 2022, McKinsey & Company was rated as the most prestigious consulting firm in the United States with a rating of more than nine.

Is McKinsey more prestigious

They are considered to be the most prestigious firms in the management consulting industry. In terms of employees, McKinsey & Company is the largest and leads by revenue; followed by Boston Consulting Group and Bain & Company.

Is McKinsey still prestigious

With all these attributes, it's no wonder that Vault rated McKinsey as “the most prestigious company of its kind.”