Top 10 Consulting Companies in Dubai, UAE List 2022 Updated (2024)

FAQs

Which are the big 4 consulting firms? ›

The Big 4 Consulting Firms are PwC, Deloitte, EY, and KPMG. They are the top 4 Consulting firms in the world. They are well known for being the top audit firms in the world. The big four consulting firms are the largest professional service firms in the world.

According to ConsultancyME's database, the UAE is home to between 200 to 300 small and mid-sized consulting firms – firms that typically fall off the radar in most market sizing exercises, but that collectively play a key role in shaping the consulting industry's services to clients and its developments.

McKinsey & Company

The company is consistently ranked as the #1 most valued brand in the consulting industry, making it the most prestigious company on the list. Since its founding in 1926, the company has grown to over 30,000 employees across more than 120 offices around the world.

Typical employee benefits such as leave/paid time off, holidays, bonus, perquisites, social security, insurance coverage and allowances do not apply to consultants and independent contractors. The employer is not required to reimburse expenses incurred by consultants.

Big 4 Accounting Firms Consultant salary in India ranges between ₹ 7.3 Lakhs to ₹ 15.3 Lakhs with an average annual salary of ₹ 10.8 Lakhs.

What are MBB (Big 3) Consulting Firms? In management consulting, MBB stands for McKinsey & Company, Boston Consulting Group, and Bain & Company, the three most prestigious firms in the industry (also known as the “Big Three”).

They are considered to be the most prestigious firms in the management consulting industry. In terms of employees, McKinsey & Company is the largest and leads by revenue; followed by Boston Consulting Group and Bain & Company.

Which type of consultant earns the most? ›

KPMG Work Culture

Though the smallest of the Big 4 firms, KPMG is known to have the best work-life balance amongst its employees. The company places an emphasis on employee engagement and has the lowest churn rate of the Big 4. KPMG is somewhere between the more agile Deloitte and the old-school style of PwC.

But what can start as a dream job can turn into a nightmare. Yes, life as a consultant can be stressful. And stress can lead to many negative consequences, private as well as health wise.

All consultants in the UK engaged on the national terms and conditions are entitled to a standard of 6 weeks of annual leave.

How many hours do consultants work? While this varies by firms and nature of clientele, you'll be working at least 40 hours a week. Big 4 firms (Deloitte, KPMG, EY and PwC) average 40-50 hours per week, whereas MBB firms average closer to 60 hours per week.

Simply put a career at the Big 4 allows you to acquire knowledge and expertise at an unmatched rate. – Opportunity to take on large amounts of responsibility very early in your career. Before you have worked your second full year at a Big 4 firm you will become directly responsible for overseeing employees.

Which big 4 accounting firm pays the most? Well it depends on which practice you want to go into. If you want to make the most money in consulting, Deloitte pays the best. However if you want to make the most money in auditing or tax PwC is likely your best bet.

Big 4 accounting firms – the Big 4 are the four biggest professional services networks in the world, consisting of KPMG, EY, Deloitte, and PwC. Working for one of these firms is considered the absolute pinnacle of a career for accountancy and consultancy professionals.

Typically, consulting roles can fit into one of five main categories: strategy consulting, operations consulting, financial consulting, information technology consulting and human resources consulting.

What are the three big 4 firms? ›

Big 4, also known as the final 4, is the four largest accounting and professional services firms with an international presence. For the majority of the public traded companies, auditing work is being performed by these big four firms. These include Deloitte, PricewaterhouseCoopers, KPMG, and Ernst & young.

Fintech – a portmanteau of financial technology – has been a fast-growing sector for some years, especially in the UAE, which has developed into a global financial centre.

The economy of the United Arab Emirates (or UAE) is the 5th largest in the Middle East (after Iran, Saudi Arabia, Turkey, and Egypt), with a gross domestic product (GDP) of US$501 billion (AED 1.84 trillion) in 2022. $501.3 billion (nominal, 2022 est.) $779.2 billion (PPP, 2022 est.)

What is known, though, is that rates can differ widely, from a monthly rate of INR 24,000 for an interim consultant working on an operational level to INR 1,80,000 or more per month for a consultant from a leading strategy consulting firm.

With so many organizations making far-reaching changes across their operational footprints, it's no surprise that change management consultants are some of the most in-demand professionals in 2022. Change managers help businesses to lean into tough challenges and move forward in alignment.

Who were the big 5 firms? ›

This book focuses on the firms that make up of the Big Eight – Arthur Andersen; Arthur Young; Coopers & Lybrand; Deloitte Haskins & Sells; Ernst & Whitney; Peat, Marwick, Mitchell; Price Waterhouse; and Touche Ross.

The Big 4 are the biggest firms in the entire world. They have the expertise and resources to handle any of their clients needs. The Top 3, also known as MBB, aren't as big, but are typically considered to be the very best. These seven firms are the very elite in the accounting and consulting world.

Consulting offers many benefits

And you can work with practically any client you want and turn down those that you're not interested in. Its challenge however, if you want to get rich, is developing assets – other than your intangible knowledge – that can be leveraged, scaled or sold for millions.

Variance in management consultant salaries across international locations is a whole different story. Salaries tend to be highest in the United States, while other developed countries such as Canada, Australia, the United Arab Emirates, Singapore, and Switzerland round out the second tier.

Con: Hard Work

First, it's a lot of hard work. Professionals that lack strong work ethics or can't sustain long hours, don't typically succeed in consulting. If you value the 40 hour-work weeks, and 8:00 to 5:00 work-life balance, and weekends off, and holidays off all the time, consulting may not be the best.

Employee Ratings

Deloitte scored higher in 9 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Senior Management, Compensation & Benefits, CEO Approval, Recommend to a friend and Positive Business Outlook.

Working here is a great opportunity. There is no much stress from management. Flexible timings and employee friendly environment. Paid fairly and competitive environment.

The pay is higher as well. Top 3 firms charge clients 3-4 times more per day than Big 4 firms due to the nature of the work, and this gets reflected in the average compensation for consultants. A partner at a Top 3 firm will often make three times more than a partner at a Big 4 firm.

A major portion of advisors work between 36-40 hours per week or 32-36 hours per week.

Can a shy person become a consultant? ›

Can introverts be successful management consultants? The answer, surprisingly, is yes. Strongly introvertive personalities may struggle, at least at first, with presentations, long hours with clients, and with the ever-present imperative of bringing in new business. That's true.

The daily work of a management consultant includes gathering data and insights (through research, surveys, interviews), running analyses, making PowerPoint presentations, and pitching solutions to the clients. The job involves a lot of travelling, and long hours are the norm.

So yes, in consulting you'll most likely work fewer hours than in investment banking. However, 70-80-hour-weeks spread over five days still translate into 14-16 hour days.

Saturdays, you're rarely working in consulting. Sundays, generally you're getting ramped up for the rest of the week. So understand that your work-life balance will feel really different on a Monday or a Tuesday than it will on a Friday or a Saturday.

Many employers provide their employees with health insurance, paid vacations, and paid sick leave. More generous employers may also provide retirement benefits, bonuses, and even employee profit sharing. When you're an IC, you get no such benefits.

What Does an Entry-Level Consultant Do? The job duties of an entry-level consultant focus on offering advice to companies, agencies, and organizations. In this career, your responsibilities vary depending on the industry and specialty in which you work.

If you go into consulting, you should expect to travel at most firms, but the level of travel will vary by firm and by project. The amount of travel tends to be drive by the firm's staffing model.

Consultants & The Consulting Industry

The consulting industry has been growing faster than ever before, especially as more businesses seek expert guidance in areas such as management, technology, marketing, and more.

PwC is the largest by revenue and the most prestigious of the Big Four with a strong and established audit client base. Deloitte is just a fraction smaller than PwC.

Size. McKinsey is the biggest among the three Big 3s. Founded by former professor of accounting at the University of Chicago James O.

Who are the Big 4 in order? ›

The big four consulting firms – Deloitte, EY, KPMG and PwC – have grown and influence way beyond their accounting and tax origins. The professionals at these firms now provide advice to all levels of government and business about their operations and often carry out the work on behalf on these clients.

Big Six Accounting Firm means any of Price Waterhouse & Co., Xxxxxx Xxxxxxxx & Co., Ernst & Young, KPMG Peat Marwick LLP, Deloitte & Touche and Coopers & Xxxxxxx or their respective successors.

Though the smallest of the Big 4 firms, KPMG is known to have the best work-life balance amongst its employees. The company places an emphasis on employee engagement and has the lowest churn rate of the Big 4. KPMG is somewhere between the more agile Deloitte and the old-school style of PwC.

The Big 4, also known as the Final 4, are the four largest international accounting and professional services firms. The Big 4 audit the majority of all publicly-traded companies. PricewaterhouseCoopers, Ernst & Young, Deloitte Touche Tohmatsu and KPMG make up the Big Four.

The Big Four want excellent communicators and team players, able to show leadership potential, courage and enthusiasm, alongside business acumen, a global mindset and relationship management.

The Big 4 accounting and consulting firms work with the best companies in the world. Their clients include every company in the Fortune 500 as well as most every notable company not in the Fortune 500. This in turn means that the Big 4 are actively involved in nearly every event of significance with these companies.

McKinsey & Company scored higher in 9 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Senior Management, Compensation & Benefits, Career Opportunities, CEO Approval, Recommend to a friend and Positive Business Outlook.

The Big Three, or MBB, all plan to increase starting salaries for MBA hires in 2022. Bain & Company takes pole position in the Vault consulting ranking, beating McKinsey by the finest of margins—0.001 of a point.

What is the Big Four? Big Four refers to the top four accounting firms globally that audit more than 80% of US public companies, including Deloitte, PricewaterhouseCoopers, KPMG, and Ernst & Young. For these accounting firms, this term is used because of its huge size, good reputation, and worldwide reach in the field.

Is Accenture a Big 4? ›

In terms of prestige, how does the big strategy consulting firms rank against the Big 4 and Accenture? Generally, the below three, are considered the top 3. The big 4, as well as Accenture, are considered rock bottom.

The Big Four firms - Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers (PwC) - are planning to ramp up hiring in India in the coming months.