The Big Four consists of the four largest accounting firms by revenue: PwC, Deloitte, EY, and KPMG. The term Big 3 stems from the more common Big 4. Both are groups of global professional services firms, and over the years they have grown to compete for more work.
The three consulting firms widely regarded as constituting the Big Three, or MBB, are McKinsey & Company, Boston Consulting Group, and Bain & Company.
Deloitte is the largest professional services network by revenue and number of employees in the world and is one of the Big Four accounting firms, along with EY, KPMG, and PwC.
The Big 4 are the four largest international accounting and professional services firms. They are Deloitte, EY, KPMG and PwC.
PwC and Deloitte are the most prestigious
PwC and Deloitte will cost more, EY somewhere in the middle, and KPMG will sometimes even take a hit on their margin in order to get the project (so they can use that to build better relationships with the client).
A firm that operates in a similar way: Deloitte Consulting is the fourth most prestigious consulting firm to work for.
The most prestigious firms are McKinsey, Bain, and BCG. Next most prestigious are "Tier 2" firms such as Kearney, Accenture, and LEK. This tier also includes the strategy consulting arms of the Big 4 firms, including Deloitte Monitor, EY Parthenon, and PwC's Strategy&.
The six major audit firms in India—Deloitte, EY, Grant Thornton, KPMG, MSKA, and PwC—oversaw a significant portion of audits in the Nifty 500 companies in financial year 2023-24 (FY24).
Differences In Work
Top three firms generally have historically focused more on strategy work, whereas big four firms have historically focused more on implementation work. Now those lines are starting to bleed, a lot of the big four firms are working on some strategy to get the implementation work.
Tier 2 consulting firms include Deloitte, Strategy& (PwC), LEK, Oliver Wyman, EY-Parthenon, Accenture, Kearney, and Roland Berger. While these firms have strong brand recognition and prestige, their reputation is a step below the top three management consulting firms of McKinsey, Bain, and BCG.
MBB is a shorthand way to refer to the “Big 3” strategy consulting firms, McKinsey & Company, Boston Consulting Group, and Bain & Company.
Deloitte has an employee rating of 3.9 out of 5 stars, based on 70,642 company reviews on Glassdoor which indicates that most employees have a good working experience there.
Deloitte stands out from its peers in the Big 4 due to its exceptional focus on diversity, social impact, and innovation. With the right approach, showcasing your cultural fit, your ability to make an impact, and your commitment to continuous learning, you can land a role at Deloitte.
Employee Ratings. Deloitte scored higher in 6 areas: Culture and values, Work-life balance, Senior management, CEO approval, Recommend to a friend and Positive Business Outlook. McKinsey & Company scored higher in 3 areas: Overall rating, Compensation and benefits and Career opportunities.
PwC, for example, was mentioned in a Times article last year as having an acceptance rate of around 2.5% in 2022, presumably in the UK. That was based on 304,000 applications to 7,400 open positions, more or less on par with what a big investment bank receives.
The highest-paying job at Deloitte is a Chief Executive Officer with a salary of $451,463 per year (estimate). What is the lowest salary at Deloitte? The lowest-paying job at Deloitte is a Cleaner with a salary of $40,262 per year (estimate). Are Deloitte employees satisfied with their compensation?
Deloitte Consulting is a brand name owned by Deloitte Touche Tohmatsu Ltd (DTTL), which is a UK limited company. DTTL has a network of member firms (which it doesn't own) that are independent of each other in terms of capital structure and liabilities, and are typically limited liability partnerships.
Deloitte ranked No. 1 consulting services provider worldwide by revenue in Gartner® Market Share report for the seventh consecutive year.
Deloitte is a hard company to get a job at, so it is crucial to have an impressive resume. Connect with your school's career counselors, or hire a professional career adviser that will help you apply with an excellent resume.
The highest-paying job at Deloitte is a Branch Manager with a salary of ₹5,00,80,250 per year (estimate).
The average age of our employees is 32, and 67% of our people are millennials, craving informality and the freedom to work in their own way.