Vault 50: Deloitte Consulting Still Has the Prestige Factor Going For Them (2022)

Yesterday we recapped the 2022 Vault ranking of the best consulting firms to work for and the lack of a Big 4 presence in the top 10, including Deloitte Consulting, which went from fourth in 2020 (highest among the Big 4 consulting practices) to 11th in 2022. But despite Deloitte Consulting now paying the price for building unsecure, wonky websites for some states’ unemployment offices at the start of the pandemic, that big uppercase D and the green dot still carry some weight in consulting circles.

For the seventh year in a row, Vault has listed Deloitte Consulting as the fourth most prestigious consulting firm in the country, finishing only behind MBB (McKinsey, Boston Consulting Group, and Bain). Vault bases its prestige ranking on the results of a survey, which asks consultants to rate firms with which they are familiar on a scale of 1 to 10, with 10 being the most prestigious. Survey participants weren’t allowed to rate their own (or former) employer.

Unlike the best consulting firms to work for ranking, there’s a lot of Big 4 in the top 10, so everyone’s happy:

  1. McKinsey & Co.
  2. Boston Consulting Group
  3. Bain & Co.
  4. Deloitte Consulting
  5. PwC Advisory/Strategy&
  6. EY-Parthenon
  7. Accenture
  8. Booz Allen Hamilton
  9. EY (Consulting Practice) NA
  10. Oliver Wyman

PwC remains in fifth place in 2022, but EY-Parthenon—the best Big 4 consulting practice to work for according to Vault—jumped from 10th last year to sixth this year. EY’s North America consulting practice dropped from sixth last year to ninth this year. Outside of the top 10, KPMG fell one spot from 11th in 2021 to 12th in 2022. And Grant Thornton’s consulting practice made the list again this year, coming in at No. 23.

Vault also ranks consulting firms by practice area, and they include a lot of familiar names. BDO even snuck into one of them:

Data analytics

5. Deloitte Consulting
8. PwC Advisory/Strategy&
9. EY Consulting
13. KPMG Advisory

Defense

11. Deloitte Consulting
16. KPMG Advisory

Economic

8. Deloitte Consulting
9. EY Consulting
10. PwC Advisory/Strategy&
11. KPMG Advisory

Energy

4. Deloitte Consulting
6. PwC Advisory/Strategy&
7. EY Consulting
10. KPMG Advisory

Environmental sustainability

4. Deloitte Consulting
6. PwC Advisory/Strategy&
7. EY Consulting
8. KPMG Advisory

Financial

1. Deloitte Consulting
2. EY Consulting
5. PwC Advisory/Strategy&
7. KPMG Advisory
12. Grant Thornton
19. BDO USA Advisory

Health care

7. Deloitte Consulting
11. PwC Advisory/Strategy&
14. EY Consulting
17. KPMG Advisory

Human resources

1. Deloitte Consulting
10. PwC Advisory/Strategy&
12. EY Consulting
13. KPMG Advisory

IT operations

3. Deloitte Consulting
5. PwC Advisory/Strategy&
12. KPMG Advisory

IT strategy

3. Deloitte Consulting
7. PwC Advisory/Strategy&
14. KPMG Advisory

Management

4. Deloitte Consulting
6. PwC Advisory/Strategy&
7. EY Consulting
9. KPMG Advisory

Operations

3. Deloitte Consulting
6. PwC Advisory/Strategy&
8. EY Consulting
9. KPMG Advisory

Pricing, sales and marketing

5. Deloitte Consulting
7. PwC Advisory/Strategy&
9. EY Consulting
11. KPMG Advisory

Public sector

1. Deloitte Consulting
7. PwC Advisory/Strategy&
8. EY Consulting
11. KPMG Advisory
16. EY-Parthenon

Retail

4. Deloitte Consulting
6. PwC Advisory/Strategy&
8. EY Consulting
9. KPMG Advisory
15. EY-Parthenon

Strategy

4. Deloitte Consulting
6. PwC Advisory/Strategy&
9. EY Consulting
9. KPMG Advisory

Technology, media, and telecommunications

5. Deloitte Consulting
7. PwC Advisory/Strategy&
8. EY Consulting
10. KPMG Advisory

Related article:

Vault 50: Only One Big 4 Firm’s Consulting Arm Made the Top 10 (2022)

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