AY Speaks
THE
CONSULTING
COMPASS
Navigating the
World of Firms
AY Speaks
Curious to explore the fascinating world
of consulting?
Eager to uncover the diverse array of
consulting firms waiting to amaze you?
Your search ends here!
Get ready to dive into an extensive list
of consulting firms covering various
specializations, right at your fingertips!
AY Speaks
1. Strategy Consulting
These firms are known for
their exciting work with top
executives, creating strategic-
level initiatives.
AY Speaks 1/4
List of Prominent Strategic Consulting
Firms
1. McKinsey & Company – The industry leader, McKinsey
hires Business Analysts at the undergraduate level and Junior
Associates post-MBA.
2. Boston Consulting Group (BCG) – BCG is focused on
surpassing McKinsey as the No. 1 consulting firm in India.
They hire Associates at the undergraduate level and Senior
Associates post-MBA.
3. Bain & Company – Renowned for its Private Equity practice
and work-life balance, Bain hires Associate Consultants at the
undergraduate level and AC 2 / Junior Consultants post-MBA.
4. Kearney – With expertise in operations, Kearney pays on
par with MBBs and hires Business Analysts at the
undergraduate level and Senior Business Analysts post-MBA.
AY Speaks 2/4
List of Prominent Strategic Consulting
Firms
5. Arthur D. Little – As the oldest consulting firm, ADL
emphasizes innovation. They hire Business Analysts at the
undergraduate level and Senior Business Analysts post-MBA.
6. Accenture Strategy & Consulting – The strategy arm of
Accenture focuses heavily on technology and offers
competitive compensation. They hire Analysts/Consultants
post-MBA, depending on work experience.
7. Alvarez & Marsal – A&M specializes in turnaround and
financial advisory consulting, hiring Senior
Associates/Managers post-MBA.
8. Monitor Deloitte – Deloitte's strategy consulting division
focuses on various industries. While the pay may not match
MBBs, they deliver excellent work.
AY Speaks 3/4
List of Prominent Strategic Consulting
Firms
9. Strategy& (PwC) – PwC's strategy division, Strategy&,
delivers top-tier work similar to Monitor Deloitte, along with
competitive compensation.
10. L.E.K. Consulting – L.E.K. is well-known for its work in
healthcare and education and offers attractive remuneration.
11. Oliver Wyman – With deep expertise in banking and
financial services, Oliver Wyman is a go-to firm in those
sectors.
12. EY-Parthenon – EY-Parthenon serves as EY's strategy
consulting wing, offering a range of consulting services.
AY Speaks 4/4
List of Prominent Strategic Consulting
Firms
13. Oliver Wyman - Despite offering a similar pay structure to
top consulting firms, Oliver Wyman's reputation, especially
within Finance, is not as well-known for the Indian audience.
This makes it an excellent opportunity for those seeking
unique challenges.
14. Roland Berger - Much like Oliver Wyman, Roland Berger
presents an amazing start for your consulting journey.
However, its India presence is limited, but that doesn't
diminish the incredible experience it can provide.
15. Tata Strategic Management Group (TSMG) - TSMG
serves as the strategy center of excellence for the Tata group
and collaborates closely with the Chairman's Office and
leadership of Tata group companies.
AY Speaks
2. Strat-Ops Consulting
Strat-ops firms work closely with
top management to implement
strategic initiatives.
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List of Prominent Strat-Ops Consulting
Firms
16. McKinsey & Company Knowledge Center (McKC) – McKC
supports Mckinsey as a back-end center and also works
directly with clients. It's a valuable brand to have on your CV.
17. Bain & Company Capability Network (BCN) – BCN
operates similarly to McKC and provides excellent career
opportunities.
18. Accenture Capability Network (ACN) – ACN offers the
highest compensation among strat-ops consulting firms and
handles standalone projects as well.
19. Deloitte – Deloitte hires for various functions, with its
Strategy and Operation (S&O) vertical being the key area to
explore.
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List of Prominent Strat-Ops Consulting
Firms
20. PwC – PwC, similar to Deloitte, is known for its brand
value and compensation in the strat-ops space.
21. EY – In addition to its auditing services, EY also offers a
range of consulting services, particularly through EY GDS
(Global Delivery Services).
22. KPMG – KPMG is another notable firm among the Big 4,
although the alignment between pay and work may vary.
AY Speaks
3. Analytics Consulting
Analytics consulting focuses on
data-driven insights.
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List of Prominent Analytics Consulting
Firms
23. QuantumBlack, AI by McKinsey – QuantumBlack, acquired
by McKinsey, is one of the best analytics firms out there,
offering competitive compensation.
24. BCG GAMMA – BCG GAMMA is BCG's advanced analytics
arm, supporting both strategy consulting and standalone
analytics projects.
25. ZS – ZS is a rapidly growing firm with a strong focus on
healthcare, data, and technology. It's a great starting point
for aspiring consultants.
26. PwC DIAC – PwC's analytics division covers various
areas, although the compensation might be slightly lower
compared to other firms.
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List of Prominent Analytics Consulting
Firms
27. Mu Sigma Inc. – Mu Sigma is well-known for its analytics
expertise and often hires a significant number of graduates
from engineering schools.
28. EXL – EXL specializes in banking and financial services,
making it an attractive option for finance professionals.
Compensation may be lower compared to ZS or PwC DIAC.
29. Fractal – Fractal is a growing analytics firm with excellent
professional development opportunities, though
compensation may not be at the top level.
AY Speaks
4. Tech Consulting
Tech consulting firms specialize
in helping businesses with digital
transformation.
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List of Prominent Tech Consulting Firms
30. Accenture – Accenture is a leader in the tech consulting
field and operates across various sectors.
31. Deloitte – Deloitte is well-known for its expertise in tech
consulting and offers a wide range of services.
32. Capgemini – With over 100,000 employees, Capgemini
focuses on AI, ML, and IoT.
33. Infosys – Infosys is a prominent global consulting and IT
services company.
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List of Prominent Tech Consulting Firms
34. Tata Consultancy Services (TCS) – TCS, similar to
Infosys, is a renowned IT services and consulting firm.
35. IBM – IBM Global Business Services is the division to
explore for tech consulting opportunities.
36. Cognizant – Cognizant has been expanding its services
beyond tech consulting in recent years.
AY Speaks
5. Social Impact Consulting
Social impact consulting firms
aim to optimize impact rather
than solely focusing on profits
and costs.
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List of Prominent Social Impact
Consulting Firms
37. Dalberg – Dalberg, with over 20 years of experience, is a
well-known player in the social impact consulting space. It
offers meaningful projects, a great culture, and competitive
compensation.
38. The Bridgespan Group – Similar to Dalberg, Bridgespan
was founded in 1999 by a former Managing Director of Bain.
It focuses on social impact consulting.
39. FSG – FSG, along with Dalberg and Bridgespan, is
considered one of the MBBs (McKinsey, BCG, Bain) of social
impact consulting. Note that Bridgespan and FSG are
nonprofit consulting firms, while Dalberg operates as a for-
profit firm.
40. Samagra | Transforming Governance – Samagra
primarily works with governments on long-term projects
focused on systemic transformation.
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List of Prominent Social Impact
Consulting Firms
41. Sattva Consulting – With a deep focus on technology and
data-led consulting for the impact sector, Sattva is an
excellent choice for those interested in the intersection of
technology and social impact.
42. Dasra – Dasra primarily works on strengthening NGOs
and has a strong presence in the social impact space.
43. GDi Partners – GDi Partners focuses on governance
transformation and program management.
AY Speaks
6. Other Consulting Firms
A few notable consulting firms
that haven't been mentioned
previously
AY Speaks 1/2
List of Other Prominent Consulting
Firms
44. Gartner – Gartner is a renowned research consulting firm.
45. Redseer Strategy Consultants – Redseer is gaining
prominence and focuses on new-age firms.
46 .Praxis Global Alliance – Praxis, founded by a former Bain
Senior Partner, is attracting top talent and making a name for
itself.
47. Avalon Consulting - With over 30 years of experience,
Avalon Consulting focuses on Asia and excels in areas such
as sales acceleration and organizational transformation.
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List of Other Prominent Consulting
Firms
48. Siemens Advanta Consulting - Since 1996, Siemens
Advanta Consulting has specialized in digital transformation
and analytics.
49. GEP Worldwide - With over 20+ years of experience, GEP
Worldwide primarily focuses on operational strategy projects,
offering an ideal gateway to transition into Kearney and other
prestigious firms.
50. UC (Universal Consulting India Pvt Ltd) - As a 28-year-old
Mumbai-based strategy consulting firm, UC centers on four
verticals. While it may not offer the highest pay, it can serve
as a great stepping stone to top-tier consulting firms.
51. Auctus Advisors - Auctus Advisors, a relatively new
consulting firm established in 2010, specializes in financial
advisory services. It's an exciting option for those seeking
financial expertise.
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