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This firm was founded in Chicago by James O. McKinsey in 1926. The firm has grown significantly since then, establishing 104 offices located in 60 countries as of 2014. [11] McKinsey & Company has been voted number one in "The Best Consulting Firms: Prestige" list of the Vault.com career intelligence website consecutively for 14 years since 2002.
This list includes notable management consulting firms. Management consulting indicates both the industry of, and the practice of, helping organizations improve their performance, primarily through the analysis of existing business problems and development of plans for improvement.
NERA ranked second in Vault's 2018 survey of the top firms in economic consulting. [6] It ranks third in the 2022 ranking, after BCG and Bain. [7] The New York Times called it "one of the country’s oldest and best-known economic consultancies."
In 2020, the firm was rated "No. 3 Best Banking Firms for Business Outlook" by Vault. [9] The firm is routinely cited as one of the best paying firms in the industry where average pay per head is ~$750,000 [10] and has the highest pay for first year analysts. Each year, the firm hires about 20 analysts. [11]
The Bank of New York Mellon: financial services Barnes & Noble: retail Barneys New York: retail Bergdorf Goodman: retail BGC Group: financial services BidKind: technology, online site BlackRock: financial services Blackstone Group: financial services Bloomberg: business services Bloomingdale's: retail Booker Software, Inc. business services ...
An October 1, 2000, article in the New York Times described the compulsory mini-courses that McKinsey—and its two largest rivals Boston Consulting and Bain—offered their "hyper-educated" young new recruits. Once completed, these newly certified management consultants would begin their work of "advising the executives of multibillion-dollar ...