They are Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC) and Klynveld Peat Marwick Goerdeler (KPMG). In addition to auditing services, the Big Four offer tax, strategic and management consulting services, valuation, market research, assurance, and legal advice. The Big 4 are the four largest international accounting and professional services firms. They are Deloitte, EY, KPMG and PwC.
Each of them provides auditing, tax, consulting and financial advisory services to major companies. These firms are collectively known as “MBB” and “the top three” management consulting firms (not as “the big three consulting firms”, a common misconception). Because they do similar work and have a similar set of skills, consultants from both groups of companies can take advantage of a number of consulting exit opportunities. They are no longer solely dedicated to strategic consulting, but they also provide other services, including some types of consulting where they are trying to catch up with the big four firms.
My consulting offer has helped nearly 89.6% of the people we have worked with to get a job in management consulting. There are several similarities between the work that consultants do on the Big Four strategy teams and the work that management consultants do at McKinsey, BCG, and Bain. And this was also the only type of work that consulting firms did when the first consulting firms were founded. Like MBBs, these firms invest an extraordinary amount of resources in their people, which makes the consulting industry one of the best fields of business training that exist.
Consultants in some offices may work fewer hours than MBB consultants and therefore enjoy a better work-life balance.