If you have an advanced medical or science degree, you might not have thought of management consulting as a possible career choice. Palm Tree is a Southern California-based M&A advisory firm that terms itself a one-stop shop for Private Equity. Company profile 2. After a post-doc at the German Cancer Research Center, Dr. Bialojan moved to the pharma industry and later went on to become a global leader in life science consulting. Hoping to get some insight on their Life Science Analyst role for 2023 hires (Graduating PhD with some pro bono consulting experience). The transitions from. Below that most would probably agree that Monitor Group is one of the strongest, but of course this is now part of Deloitte. 2.5) Increased digitalized assessment, diagnosis, and treatment of patients. Anyone has any insights on the MBB offices here in Austin: culture, types of case, lifestyle? Founded in 1988, Putnam formerly Putnam Associates focuses on serving healthcare, private equity, and venture capital clients through sophisticated and robust analytics. . Momenta spent 46 percent of total spending on R&D, or $30.7 million. Altman Solon is the undisputed leader when it comes to advising the telecommunications, media, and tech (TMT) industries. BCG is consistently ranked as one of the best places to work even while demanding long hours out of its consultants. Companies have realized that they can use PhD expertise and brain power to develop better strategies for success. I am looking for resources to better understand the US healthcare system, its players, regulations etc. Headquartered in the U.S., Cognizant is ranked 185 on the Fortune 500 and is consistently listed among the most admired companies in the world. Doorman, elevator, gym, shared outdoor space. A 2023 newcomer to the list, The Keystone Group is squarely in the boutique category. He said it wouldnt be a late night and is now out clubbing and pushing me to give him a deadline which he is using against me to then say you forced me home. Read More. How do you attract and retain mid-level talent when industry / FAANG pay so much more than MBB? We strive for world-shaping client impact We wo PA is an innovation and transformation consultancy, we believe in the power of ingenuity to build a positive human future in a technology-driven world. This branch of consulting supports clients (mostly law firms and governments) with research and insight during litigation. We trust this list of top consulting firms has been helpful for you in your search for your perfect fit. If you have a PhD in life sciences or an MD, there are many consulting firms that specialize in life sciences consulting. As a PhD, you are an expert in identifying and solving complex problems through critical thinking. Making Deloitte is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk managemen Grant Thornton does not have an active company profile on Consulting.us. Were L.E.K. If youre looking for a boutique feel with big firm opportunities for impact and career progression, The Keystone Group may be the right career next step for you. Ive had this done to me before my a toxic ex who made me go crazy and blamed me for everything. Firms in this part of the consulting market use advanced economic theories, tools, principles, and applications to help companies understand the value of assets or develop unique strategies. What are the differences between MMB, Big4, and Boutique partnerships?Seems like Big4 pension plan is a pretty big plus compared to MBB. Acquired in 2019 by UDH Healthcare, this US-based firm has offices . Fillers Consulting started in 2012 by training entrepreneurs on how to set up and maintain QuickBooks based accounting systems for their startups . Booz Allen Hamilton offers management and technology consulting services, with an emphasis on technology and services to the U.S. Federal Government. If I were to rank them, it would be 1) BCG, 2) McK, 3) Bain (with a lot of distance between #2 and #3). Mercer is the lone member of our HR consulting category. The company generates $11B in revenues annually. This year, a record 519 firms participated in the Giants 400 report. Im a Bioinformatics software engineer looking to make the jump into consulting! Overtime is optional, but many consultants reportedly need to work the extra hours. The firm offers unique programs to its top performers, such as the Strategy Lab and BCG Fellows program. Who are the clients for developers are testers and can I work from home? Management consulting. The firms is known to have good communication across hierarchical levels and most employees are known for collegial personalities. Deloittes consulting services are divided into five practice areas: Core Business Operations, Customer & Marketing, Enterprise Technology & Performance, Human Capital, and Strategy & Analytics. PwC has numerous diversity groups and works with employees with disabilities. Please suggest. See whats happening in your industry from the palm of your hand. BCG has an intellectual culture that prioritizes creativity and academia. The firm is set apart by its utilization of data analytics and deep industry expertise. Founded in 1973, Bain is one of the "Big Three" management consultancies (along with McKinsey & Co. and Boston Consulting Group). We help your employees create and adopt the change required to support the business of the future. This means you can gain deep industry expertise in a short period of time. EY (Ernst & Young) LLP Consulting Practice, IQVIA Asia (formerly IMS Consulting Group Asia), IQVIA Europe (formerly IMS Consulting Group Europe), EY (Ernst & Young) Consulting Practice Europe. in Vault's annual rankings. 2.3) Advancement of drug research. Is traveling mandatory inDeloitte India? You may unsubscribe from these communications at any time. Further down are the "tier-2" consulting firms - Accenture, Oliver Wyman, LEK, etc. Of those, 3 scored in the healthcare and life sciences sector, including AArete . Program Manager at JP Morgan typically makes? This company designs transformative Clarkstons team of supply chain consultants have highlighted the top supply chain trends that businesses should consider. The firm has 14 offices across 11 nations and employs a flat organizational structure, meaning anyone at any level can engage with anyone in the firm whether an intern or Partner. I am not sure if I want to move with my current consulting firm or rather apply somewhere else directly, Anyone looking for Strategy or Tech(Data Engineering, Data Science, Reporting) roles within the R&D LS space, DM me. Member fi PA Consulting is an internationally leading management consultancy with a large variety of services in areas such as Strategy, Digital Business Design, Agile, Business Intelligence & Analytics and IT Alfa Consulting is a global consulting firm, renowned for the design of pragmatic strategies and the improvement of the execution capabilities of large companies. We work closely with our clients, helping them to mitigate risks and grasp opportunities. Can anyone refer me to Deloitte Monitor in Sr Con role in M&A Strategy (CDD, Target screening etc work) ? In addition, many other top consulting firms hire PhD and advanced degree candidates, including Deloitte, Strategy& (part of PwC), EY-Parthenon, L.E.K., and Roland Berger. Consulting firms eventually determine whether there is enough proof of the con sultants' competence. If you have a background in healthcare, pharma, or the life sciences and an interest in bringing new healthcare solutions into the world, life science consulting could be the right career path for you. With almost half a billion dollars in annual revenues, Wavestone is a serious up-and-comer in the strategy & implementation consulting space. This 250-strong economic consulting firm is headquartered in Washington, D.C and specializes in econometrics, statistics, antitrust, and specifically advanced econometric modelling. McKinsey & Company is a global management consulting firm. Putnam: Focusing solely on the Life Science industries, Putnam has 30+ years of experience working with global biopharmaceutical companies to startups and has built a name in this industry. Mercer helps clients around the world advance the health, wealth, and performance of their most vital asset thei Our citizens are independent key players in their respective markets, sharing a unique entrepreneurial vision. Our insights are catalysts that reshape the trajectory of our c NMS Consulting is a global management consulting firm providing strategic counsel to private and public organizations and the individuals who lead them. Every year we survey nearly 100,000 young professionals to identify which employers are most desirable. Those in pharma / biotech, what were your annual % raises? Bonuses and raises at the firm are performance based. The company employs roughly 2,400 consultants worldwide and generates roughly $670M in revenues annually. Our deep industry experience makes us a valuable catalyst for our clients' success. Generally, the foundation of their offerings is strategy consulting, but these firms offer surprisingly broad services. I am a life sciences manager (PhD in biology) and my partner is relocating to Boston. If your passions lie at the intersection of life sciences and strategy, Clearview Healthcare Partners is for you. McKinsey is a company that needs no introduction. If advanced economic analyses are what get you out bed, Bates White may be the place for you. DSI InPharmatics : PA . Having trouble finding a roommate so Im going to give it a shot here. Oftentimes, strategies for fundraising are a key issue faced by nonprofits. The generics manufacturing industry has grown rapidly over the last decade, saving patients billions of dollars. Im specialized in life sciences commercial strategy work at PwC but really want to do marketing and brand strategy specifically and am not seeing much of that here. Any thoughts on the impact switching from reg and compliance to a more business project management role within big pharma on overall career? Putnam Ranks Top 10 in Annual Vault Consulting Rankings . Here are some of the skills required by an expert life science consultant to make a brilliant breakthrough: Networking abilities. McKinsey & Company McKinsey & Company is a global management consulting firm. AlixPartners, founded in 1981, is one of the worlds premier turnaround consulting firms. Numerous of my industry colleagues have noted ZS is not up to par with inconsistent performance for this particular area of work. Any insight on getting MBA from mendoza as far as prospects for transitioning into a post-mba strategy consulting role? Bridgespan comprises the totality of our Non-profit consulting category. Seeking referrals. We call this The HOW. Associate Partner and Quality + Compliance Lead, Manager and Life Sciences Supply Chain Lead. Thinking very hard about leaving Citi and this is one of the roles Im up for that seems intriguing. McKinsey & Company Bain & Company Fishes working in MBB London offices, what does background checks look like at your firm, for campus hires (less than 2 YoE)?Do they check the internship, student club, or work experiences listed on your resume you submitted for your application? Thinking about making the switch to a boutique life sciences firm. If youre interested in applying to life science consulting firms, check out our articles on, All Articles on the Consulting Interview Process, Frequently Asked Questions for Consulting. Or you can fill in the information for the actual employment (ie, minus the unpaid positions) on the 3rd party vendor they use? Bridgespan concentrates on four broad fields: education; children, youth, and families; public health; and global development. In conclusion, choosing a consulting business is preferable if you want to . I joined deloitte USI yesterday and they went through setting up of MFA. The firms footprint is massive, with an estimated 700,000 employees across the world. Firm News January 26, 2021. McKinsey is also known for pioneering the recruitment of advanced professionals with non-business degrees to its consulting teams. Contact our team to learn how our industry experts can partner with your organization. If youre looking for more firms specializing in HR consulting, check out Willis Towers Watson (WTW). The Accounting, Finance & Technology category consists of Accenture, Booz Allen, Deloitte, KPMG, EY, PwC, and Wavestone. What they do: Founded in 2003, Clarion Consulting is a life sciences strategy and organizational consultancy that takes part in a collaborative consulting process with clients, which allows them to build insights, identify new possibilities and achieve a high level of understanding. !.McKinsey & Company Boston Consulting Group Bain & Company, If all the top consulting firms made anonymous decks or gave anonymous pitches to a client, eg no branding and the client did not know which firm made which deck, do you actually think that the client would prefer MBB? McKinsey & Company Trust is the key word they share with their clients through this worldwide citizenship North Highland is a global management consulting firm known for helping clients solve their most complex challenges related to customer experience, performance improvement, technology and digital, an Oliver Wyman is a global leader in management consulting. But how do you figure out what consulting firms specialize in life science consulting or which is the best healthcare consulting firm for your career? Are you just going to pick the consulting firm with the largest reach? Other HR consulting firms exist of course, such as Hewitt, but in our list of Top Consulting Firms, Mercer is the only HR consulting representative. The Poirier Group (TPG) is a boutique management consulting firm based in Toronto that delivers sustainable process and performance improvements to medium-to-large businesses. The capabilities of consulting firms is based on the views of executives and consultants active in Pharma & Life Sciences, as well as on assessments of capabilities, company reputation . Healthcare consultants can choose to work at these firms among other consultants, ranging from small, boutique firms that specialize in healthcare to global networks (such as McKinsey, BCG and Bain) with specific practices handling the healthcare industry. The organisation ranked 36th for the UK's Best Large Workplaces and has been praised with Excellence in Wellbeing. Ability to . Advancy is a pure-play strategy consulting firm whose small and nimble consulting project teams deliver in-depth industry insights to large global clients, aided by the firms focus on just three sectors of the economy Consumer Goods, Life Sciences, and Chemicals. The firm is made up of really smart people the majority of folks at Bates White hold a PhD or masters level degree, although the firm does hire some people straight out of their undergraduate studies. We understand that building and expanding your product brand is top of mind for pharmaceutical companies. A quick note on the list below: there are many, many ways to categorize consulting firms. Its asking for strategy. Clarkston manages life sciences programs and transformation initiatives with a level of industry experience and project management discipline you wont find in common consulting firms. All roles are within ZS (Various locations across the US). In addition to these core service areas, Clarkston helps clients effectively meet the most pressing industry challenges. EY-Parthenon focuses on strategy consulting and currently employs over 9,000 professionals worldwide. What is the best piece of advice you have gotten from one of your coworkers in the real estate industry? Strategy& focuses on executive level strategy, similar to the projects you would find at McKinsey, Bain, and BCG. Tesaro, Inc . Small: ClearView, Putnam, Health Advances, Trinity, Clarion, etc. Kearney maintains offices in more than 40 countries globally. Knoxville, TN. Putnam consultants have similar professional and educational backgrounds to those at strategy consulting firms. POBOS. The company operates in three business units: Consulting, Products, and Capital. They are the go-to counsel for the world's most prestigious corporations, governments, and institutions. The firms services include consulting to nonprofits and philanthropists, leadership development support, and developing and sharing insights all with the goal of scaling social impact. If the word Antitrust gets you jazzed, youre going to want to stick around for Bates White. Back Bay Life Science Advisors is ranked among the Best Boutique Consulting Firms, according to the Vault 2022 rankings. R&D Helping speed and improve R&D to deliver better outcomes. Our group, Cordence Worldwide has mo BearingPoint is an independent management and technology consultancy with European roots and a global reach. Kearney offers several programs focused on diversity and inclusion. We are excited to share Epsilon Life Sciences and Epsilon Economics have been named 23rd in Top 50 Boutique Consulting Firms, 41st in Top 50 Shared by Jeong Mo Yang Been working in the Consumer sector for a year especially in Food processing. McKinseys recruiting process is one of the most competitive in the world. BMS or Novartis? The challenge for any leader is bridging the gap between thinking and doing. My title is outdated in case anybody asks. Diagnosed from an early age was but parents prevented medication.Thought I was the only one but glad to see there are those of us that can make it to MBB even with these symptoms brings hope! I have not enrolled for sodexo. The Accounting, Finance & Technology category consists of Accenture, Booz Allen, Deloitte, KPMG, EY, PwC, and Wavestone. Consulting, a global strategy consultancy working with business leaders to seize competitive advantage and amplify growth. The Poirier Group. If we had to choose a one-stop-shop category, this would be it. A relatively small firm (~175 employees) the firm boasts a culture of tight-knit expertise across just a handful of offices, with Atlanta serving as HQ. Quantitative and analytical reasoning. If I had a choice, I would rather take a firm job over a clerkship job, however, I want to do litigation and I heard clerking is recommended for litigators. 2.2) Collaborative innovation of various life sciences companies. Founded in 2002 by consulting alumni from the likes of Accenture and Deloitte, the firm takes special pride in helping clients navigate the challenges and costs of procurement and sourcing. There is no call or no information on how to fill time and what might be the next steps. The Pharmaceutical and Life Sciences sector is going through a positive metamorphosis due to the confluence of the biological science and information technology. I feel like I see many repeat or slightly altered solutions on almost all of my cases, are these really things that people at Deloitte/Accenture etc arent coming up with?. Thanks very much. Deloitte enjoys #1 market share in terms of revenue among Big 4 firms, generating $59B+ on an annual basis. Stax is a strategy consultancy that mainly serves PE investors, PE-backed companies, hedge funds, and investment banks through commercial due diligence, value creation and growth strategy, and exit planning. If the thought of working for a growing do-it-all consultancy lights you up, Wavestone may be the firm for you. BCG is a private firm with over 80 locations in 45 countries that was founded in 1963. Clarkston Consulting partners with biotech companies in various development stages to achieve commercialization and embrace agility for future opportunities. Thanks! VC recruitment has its own challenges and dynamics which is a topic for another time. Clarkston offers a broad suite of services to our clients in life sciences including strategy, innovation, and mergers and acquisition advisory, sales and marketing, supply chain, quality and regulatory, clinical R&D, SAP and technology consulting. Oliver Wyman is a quickly growing strategy consulting firm with deep connections in Europe and Asia Pacific. What's the career potential and possible future for someone does forensic investigation in and out of big 4? Think an Altman Salon or one of the life sciences boutiques. We can help businesses achieve exceptional results with the help of in-depth analysis and innovative techniques with strategic implementation. Here, weve first organized this ranking around types of consulting firms, and then alphabetically within each category. With a holistic lifecycle approach, Alira Health is one of the best healthcare consulting firms for every state of a client's corporate and product evolution. With our years of experience and expertise in hospitals, pharma and medical devices, we work every day to make (inter) national organiza Genioo is an innovative consulting firm, working with ambitious leaders to help them bring their vision to life. Bridgespan, and firms like it, can work on strategy development, operations, HR, or organizational issues, but focus on non-profit clients only. How did that work? Bain currently employs over 13,000 people across 50 offices worldwide. EY is headquartered in Boston, Massachusetts and generates $45B in annual revenue. Headquartered in Paris and with a distinctly European feel, the firm has been rapidly expanding its U.S. presence in recent years through numerous acquisitions and a targeted hiring spree. Please let me know if you can help with a referralThanks, Currently looking to switch from older tech (not big tech) to MBB. POBOS provides information on cost, productivity and quality, supply chain performance, and quality performance across more than 35 pharmaceutical and biotech companies. If youre an aspiring consultant, dont stop at the Top 3 (MBB) consulting firms there are many aspects to consider when looking at which consulting firm would be the right fit for you. Yes, MBB firms offer the greatest prestige, but there actually may be other firms that fit your specific career path better. In fact, growth in this industry continues to . The company generates roughly $5B in revenue on an annual basis. The opportunities for the medical devices industry are rapidly expanding as patient engagement increases. The firm employs a generalist model across all major industries, including a large presence in defense, aviation, life sciences, healthcare, energy, entertainment, transport, retail, consumer products, financial services, and private equity (note: a majority of the firms expertise is in life sciences and healthcare). The 50-person firm gives employees the space to grow professionally by putting them in front of clients in year one, responsibility often given to 2nd- or 3rd-year consultants. Like all other fields, life sciences also have consultants in the industry. (21st), Back Bay Life Science Advisors (24th), and Kx Advisors (38th). The firm is industry-agnostic, but does a lot of work in the following industries: tech, healthcare, business services, industrials, consumer & retail, and education. The agency advises companies on brand strategy and go-to-market strategy. Focus is health and pharma & life sciences. The firm previously spun off Booz & Co., which was acquired by PwC. Sustainable change requires organizational alignment and leadership support. About me - 24 y/o male who is very clean and respectful, working remotely for KPMG. McKinsey & Company; Alfa consulting; I'm currently looking for new ops, including possibly joining an early-stage BioTech/MedTech, joining another consulting firm, or even going to industry. The firm spends the lions share of its time on projects in 5 industries: Consumer Goods, Retail & Leisure, Business Services, Media and Technology. For decades, Clarkston Consulting has been delivering business services and customized strategies to the leading life sciences manufacturers. PwC advises a significant number of the Fortune 500 and generates roughly $50B in annual revenue. Alvarez & Marsal, also known as A&M, is a bankruptcy, turnaround, and restructuring firm made famous during the 2008 financial crisis, when it took over Fannie Mae and Freddie Mac. Some consulting firms require almost 100% travel, others require much less. The firm utilizes a local staffing model, meaning that projects are as near each local office as possible. The 300-person firm has a uniquely European feel to it owing to its origins in France. Now in our sixth decade, we continue not only to grow but also to embody Accenture does not have an active company profile on Consulting.us. Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. What are the top consulting firms in the world for clients in thePharma & Life Sciences industry? The firm is consistently ranked as the fourth most prestigious consulting firm (after MBB) and has more than 415,000 professionals worldwide. Mar 2012 - Present11 years 1 month. List of Top Life Science Consulting Firms: 100+ to Apply to Last Updated January, 2022 10,754 Views If you have a background in healthcare, pharma, or the life sciences and an interest in bringing new healthcare solutions into the world, life science consulting could be the right career path for you. Which one to go for - IQVIA strategy or an obscure or largely unknown boutique LS consulting which is paying ~10% to 15% more, from exit to industry and future growth perspective? Bain & Company 4. These are the people who start their careers as consultants and end up affiliated with the companies or making one. However, to use a consulting term, we wanted to be MECE (mutually exclusive, collectively exhaustive). The main differentiator for KPMG is its work life balance. Let us know at the link at the bottom of the page and well add it. With 20,000+ life sciences professionals in more than 50 countries helping 90% of Fortune 500 life sciences companies in all 10 of the top therapeutic areas, we help our clients navigate change and make a meaningful impact on . With disabilities industry has grown rapidly over the last decade, saving patients of! Pharmaceutical companies ( Graduating PhD with some pro bono consulting experience ) clients & # ;! A short period of time extra hours during litigation time and what might be the utilizes... Areas, Clarkston consulting Partners with biotech companies in various development stages to achieve commercialization and embrace agility for opportunities. 24 y/o male who is very clean and respectful, working remotely for KPMG is its life! You just going to give it a shot here working with business leaders seize... My industry colleagues have noted ZS is not up to par with inconsistent performance for this area... 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