![]() ![]() ![]() ![]() On top of that, there are part-time Partners and Directors chipping in at times. Team size: A typical McKinsey team has 1 Engagement Manager (EM), 1 ~ 2 Associates, 2-3 Analysts, 1 Team Assistant, and support staff depending on the project (translator, researcher, etc.).So you can imagine a 6-month project would cost about $4 ~ 5 US million. Fee: McKinsey typically charges ~$750,000 US – $1,000,000 US per month per standard team.Here are some facts about a typical consulting project for busy people. Preparation for this group is also the main focus of our website.ģ. The word “management consulting” or “consulting” standing alone mostly refers to that top-of-the-range group (MBB). So the categorization focuses mainly on the size of the projects, NOT the size of the firms themselves. ![]() This is despite the fact that Deloitte itself is a bigger company than McKinsey. So you can imagine McKinsey would do the biggest projects while Deloitte typically take on smaller contracts, often in a more granular and niche area. This categorization is based on the typical project sizes. Management consulting firms can be divided into 4 main categories (or tier): The Big Three (McKinsey, Boston Consulting Group, Bain), The Tier 2 (Accenture, Kearney, Oliver Wyman, L.E.K.), The Big Four (Deloitte, PwC, KPMG, EY), and Boutique firms. Technically, anybody helping anyone on “management” is a management consultant. But still, “Management Consulting” is a very broad term. ![]()
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