Overview - Big 5 Consulting firm
The objective of this page is to provide broad context for you as you assess the market for your own professional skills and experience; consideration of any Big 5 firm will provide an excellent frame of reference.
Definition of a Big 5 firm
The major players in the Global consulting market are the firms that are collectively referred to as the Big 5.
The firms included are:
- Accenture (formerly Andersen Consulting)
- Deloitte Touche Consulting (Deloitte Consulting)
- Ernst & Young
- KPMG Consulting
Throughout the last 15 years there has been a steady process of merger and consolidation within the sector.
The most recent consolidation was the merger of PriceWaterhouse with Coopers & Lybrand to make the combined firm PriceWaterhouseCoopers.
Historically the core business of these global firms was the provision of compliance based services: accounting, auditing and taxation. These core services remain central to the success of each of the Big 5, but in addition a diverse range of highly profitable corporate consulting services has been developed alongside the core compliance based offering.
Each Big 5 firm sets top-tier standards for excellence and capability in the delivery of business consulting services. The breadth and depth of expertise across all professional disciplines is truly impressive.
However, the global consulting market is much broader and deeper than the Big 5; futher insight is provided on the following pages in to the global and regional Consulting Markets and the leading Consulting Firms.
Consulting Staff Profile
The profile of consulting staff typically employed by a Big 5 firm:
- the cream of the crop drawn from each profession
- highly qualified, technically competent specialists
- wealth of industry specific and commercial experience
Jump back from Big 5 Consulting Firm to Why Go Independent