Quote:
Originally Posted by Unregistered
What do you mean they aren't real consultants? As in they are fake consultants? I would refrain from making such sweeping statements.
Both Deloitte Consulting and PwC Consulting are ranked in the top 6 consulting practices in terms of prestige according to Vault rankings (above the likes of L.E.K, Accenture and Oliver Wyman, mind). MBB dominates the market as strategy houses but by no means are the big 4 not "real consultants".
In terms of difficulty getting in, big 4 consulting practices have a more difficult interview process than the other functions (tax, audit). A couple of them require candidates to go through assessment centres. I wouldn't compare the interview process with the ones in the U.S. but I don't believe they are by any means 'easy' in any case.
Cheers |
While I agree that calling big 4 fake consultants is sweeping and going overboard, neither is hyping or over-seliing them any better.
Sure, go out into the job market & tell ppl a Deloitte or PWC consultant is more "prestigious" than Oliver Wyman and see how many ppl out there are gonna be impressed.
All these rankings will just show whatever they want depending on what methdology they use. Heck even the likes of
SIA/Keppel/Singtel gets ranked top employer of choice in some surveys, but go out into the job market and see who really if get offered by investment banks, o&g majors, top IT firms etc will give up and join
SIA/Keppel/Singtel
The fact that these Big 4 even get questioned and ppl need to jump in to "defend" already shows they are far from being prestigious. You make it sound as if PWC & Deloitte is just ranked slightly lower than
MBB, that is an understatment of the year.
A typical
MBB freshie is usually a dean's list type top student from a world renowned business school with an illustrious internship experience or gets involved in other activities like NGOs/foundations/activism etc. A typical Big 4 managment consultant freshie is more likely a local university 2nd upper student. The difference cannot be starker.