Top 50 Consulting Firms To Work For In 2023


Since 2018, several consulting firms have made major moves in the Vault Consulting 50. The biggest involved the Cambridge Group, which technically slipped from 12th to 15th in the 2023 ranking. Looking back to 2018, the Cambridge Group posted a 6.924 average. Fast forward to now and the score had risen to 7.661 – a .727 of a point improvement. And that comes after dropping out of the Prestige Top 50 this year.

A boutique strategy firm that’s highly competitive in the pricing and retail sectors, the Cambridge Group prides itself on balancing high pay and work-life balance. In the Vault survey, one consultant loves how they earn MBB pay with “25% less hours.” Another consultant points to the repeat business they receive from “marquee clients.”

“Some of the individuals at long-term clients are now in new roles and have taken us with them. We’ve recently increased our investment in new Intellectual Capital innovation so that we’re continuing to bring new insights and offerings to our current clients while also attracting new ones.”

Arthur D. Little nearly matched the Cambridge Group’s progress over the same period, with its average climbing by .727 of a point. EY-Parthenon (+.687), Alvarez & Marsal (+.615), and Cornerstone Research (+.596) also showed marked improvement since 2018. In contrast, Deloitte has seen its average decline by .587 of a point.

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