These firms have a primary focus on strategy, pay well, and offer excellent professional development opportunities. Clarkston Consulting leverages decades of experience in life sciences consulting to remove barriers for leading companies in all industry sectors. Consulting, a global strategy consultancy working with business leaders to seize competitive advantage and amplify growth. We are the trusted advisor to the world's leading businesses, governments, and institutions. VC is probably the most common exit, but is seen more in those with experience (~3-5 years on the job). Lots of experience on the real estate side. Why do they ask if you have applications with the other. 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. If you have a PhD in life sciences or an MD, there are many consulting firms that specialize in life sciences consulting. If youre looking for a strategy firm where your merit determines your career trajectory, OC&C Strategy Consultants may be the place for you. And finally, our list of top consulting firms contains some Industry or Function-focused players: Altman Solon, ClearView, DeciBio, Guidehouse, and Putnam fall here. I live in HCOL, so 300K wont feel rich when I have kids. Anyone work at Thermofisher that can tell me about the WLB? 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? These firms tend to have organizational histories in accounting, but technology consulting also plays a huge role in their service offerings. The company is extremely selective, and its consultants are known to work long hours, sometimes resulting in feelings of being understaffed. With Clarkston Consulting as your business partner, our team will help you overcome eroding margins, regulatory complexities and shareholder pressures. 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. Novel technology, coupled with New Science, human ingenuity and an unwavering commitment to improving patient outcomes. Thinking very hard about leaving Citi and this is one of the roles Im up for that seems intriguing. Alacrita is life science consulting firm with offices in both the U.S. and Europe and with a focus on serving clients in a range of therapeutic areas including oncology and immuno-oncology and Non-alcoholic steatohepatitis (NASH). 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. . The top consulting firms in the Pharma & Life Sciences industry: Select ranking: Real-time ranking| 2021 1. These firms serve as a bridge between finance and consulting and are involved in all things M&A and Private Equity. Sustainable change requires organizational alignment and leadership support. Our expert editors compile in-depth company profiles and rank companies based on prestige, diversity, quality of life, and overall experience to give you an unbiased view of the best places to work. The top firms in this category are: Advancy, EY-Parthenon, Strategy&, Kearney, LEK, OC&C, Oliver Wyman, Roland Berger, and PwC Strategy&. 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. 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. For decades, Clarkston Consulting has been delivering business services and customized strategies to the leading life sciences manufacturers. 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. What's the career potential and possible future for someone does forensic investigation in and out of big 4? 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. I'm currently looking for new ops, including possibly joining an early-stage BioTech/MedTech, joining another consulting firm, or even going to industry. In addition, we used the following criteria to rank firms: Prestige, Culture, Compensation, Work/Life Balance, Type of Project Work, Firm Size, and Future Business Outlook. What are the differences between MMB, Big4, and Boutique partnerships?Seems like Big4 pension plan is a pretty big plus compared to MBB. Theranking is based on an assessment of a range of factors including: recommendation scores from clients, peer reviews from consultants, the breadth of depth ofPharma & Life Sciences capabilities, advisory and implementation expertise in Pharma & Life Sciences, the track record of consulting projects delivered in the area ofPharma & Life Sciences and the quality of thought leadership. Last year's leader in athletes on staff was MFR at 58.4%, followed by UnitedHealth Group at 34.8%. Is anyone open to having an informal chat? We are one of the leading life sciences consulting firms in the market. Know S&K has a presence - are they considered the leader? 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. We help your employees create and adopt the change required to support the business of the future. Launch innovative products and services: We team up with our clients to develop commercial launch strategies in . 2.3) Advancement of drug research. The top Pharma & Life Sciences consulting firms in the world list presents the globe's leading consultancy firms in the sector, based on Consultancy.org's unique database of more than 10 million data points per year of clients and consultants, including expertise and consultancy projects delivered in the Pharma & Life Sciences industry. The firm employs over 8,000 consultants across almost 40 countries and generates over $1B in annual consulting revenue. The firm is set apart by its utilization of data analytics and deep industry expertise. 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 . These firms tend to work on front line issues like pricing, sourcing, sales execution, and other topics that can help companies improve the bottom line in the immediate term. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. https://www.facebook.com/100044598242161/posts/247641630065777/. But how do you know which consulting companies would be best for your career path? In addition, they have relatively high levels of prestige. Any insights into the Commerical Excellence service line of IQVIA Strategy Consulting. Bain has also differentiated itself through its expertise in private equity through Bain Capital, made even more famous by previous leader Mitt Romney. The firm is known for its European culture and roots and for having bonuses that contribute to a major portion of compensation for employees. Clarkston Consulting helps distributors be the vital link between manufacturers and patients. 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. Here are some of the skills required by an expert life science consultant to make a brilliant breakthrough: Networking abilities. Best Consulting Firms for Undergrad Salary, High turnover for great exit opportunities, 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 550+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases, Some have experienced a consistent need to reprioritize their work, Good opportunities to learn about technology, Rapidly growing up-and-comer with competitive comp, European firm culture (generally better work/life balance than U.S.-based firms), Great professional development opportunities, Demanding clients often lead to late nights, Opportunities for PhDs & other Advanced Degree Candidates, Front-line work with great client and partner exposure, Turnaround Management and Performance Improvement youre on the front lines, Open door policy with leadership; great work/life balance for consulting, Opportunities for accelerated upward progression, Plenty of learning & development opportunities, Top notch opportunities for career growth in TMT space, Prestige factor in the life sciences space, Work life balance is hit and miss, but gets better as you become more senior, Better work-life balance than competitors, Exposure to private and public sector clients. Or am I missing something here? Promotions dont happen as quickly at the firm compared to others, but PwC is a great place to start a career. The Accounting, Finance & Technology category consists of Accenture, Booz Allen, Deloitte, KPMG, EY, PwC, and Wavestone. Is this the same cohort of firms youd see consistently winning in the market place? BCG has an intellectual culture that prioritizes creativity and academia. Management consulting firms exist in every corner of the planet and serve virtually every industry niche. What are the top life sciences investing firms (VC, growth, PE) and whats the best way for consultants to get a look? Mercer is the lone member of our HR consulting category. 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? Supply Chain Creating insights driven, transparent and integrated supply chains. Which firms or groups should he look at? Yes, MBB firms offer the greatest prestige, but there actually may be other firms that fit your specific career path better. 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. McKinsey has the biggest and best known pharma practice worldwide - Pharmaceuticals And Medical Products. Academic Requirements & Preparation: While many firms say you don't really need to be a specific maj Continue Reading 26 Sponsored by PureCare Knee Protector The top five of Switzerland's best strategy consulting firms is rounded off by Strategy&, the strategic consulting arm of PwC established after the Big Four firm purchased Booz & Company for a reported $1 billion in 2014, and Oliver Wyman, which generates a turnover of around 50 million francs. If youre ready to brand yourself a life sciences specialist and have a role in the future of the business of healthcare, Clearview is a great place to be. No induction or nothing. Do they mostly hire local/TX based or bring in people from all over? Our team of experts in life sciences consulting will help your firm master device traceability, serviceability and patient integration. How is the work culture inDeloitte India? The company employs roughly 2,400 consultants worldwide and generates roughly $670M in revenues annually. Clarkston leverages deep industry expertise and recognized functional and business process leadership to help life sciences companies transition from development to commercialization for your product launch, ensuring sustainable, long-term growth. PHMR Limited, a global consulting firm specializing . Many emerging and established life sciences companies are considering S/4HANA that engine. Top 20 Pharma and Life Sciences Consulting/Services Companies - 2014. PA Consulting Group was fourth at 29.9%. If you have an advanced medical or science degree, you might not have thought of management consulting as a possible career choice. Should I keep a clerkship interview or decline a clerkship interview? Thanks very much. Fillers Consulting started in 2012 by training entrepreneurs on how to set up and maintain QuickBooks based accounting systems for their startups . Am I crazy to leave WFH with $300K? "Prestige" aside, this sounds like a sweet deal. From the prestigious MBB to the Big 4 to the boutique firms providing every type of service imaginable, there is a firm for almost every candidate and every kind of business. Keyrus is one of the premium data science consulting businesses catering to enterprises and mid-market companies. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. PwC provides a mix of industry and functional expertise to help clients address their most complex business issues and opportunities from strategy through execution. Ernst & Young (Consulting Practice) NA 10. With more than 220 employees based in the UK, Biogen is a leader in neuroscience and was founded in 1978 as one of the world's first global biotechnology companies. The metaverse has already demonstrated its potential to impact the consumer products and retail industries, engaging and connecting with shoppers Clarkston recently partnered with a clinical-stage biopharmaceutical company to develop a global supply chain commercialization roadmap. 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. Deloittes Strategy and Analytics arm formerly Strategy and Operations is essentially its management consulting arm, while its other practice areas have less to do with overall corporate strategy. Asia's top consulting firms in the Pharma & Life Sciences industry: 1. Since its founding in 1926, the company has grown to over 38,000 employees across more than 120 offices around the world. If correct, please proceed to the next step, Discover what its like to work at companies from real professionals, Get candid advice from people in your field in a safe space, Chat and network with other professionals in your field, You are currently posting as works at Consultant, You are currently posting as EY-Parthenon 2, You are currently posting as EY-Parthenon 1, You are currently posting as Senior Associate 1, You are currently posting as BridgeBio 1, You are currently posting as works at Consulting Analyst, You are currently posting as works at Boston Consulting Group, You are currently posting as works at Associate, You are currently posting as works at Kearney, You are currently posting as works at Deloitte, You are currently posting as works at Software Engineer, You are currently posting as works at Capgemini, You are currently posting as works at PwC, You are currently posting as works at Engagement Manager, You are currently posting as works at Senior Consultant, You are currently posting as works at Vice President, You are currently posting as works at Management Consultant, You are currently posting as works at Deloitte India, You are currently posting as attends University of Minnesota, You are currently posting as works at Partner, You are currently posting as works at Xyz Training Group, You are currently posting as works at Massachusetts Middle School, You are currently posting as works at Group Creative Director, You are currently posting as works at Manager, You are currently posting as works at KPMG, You are currently posting as works at BDO, You are currently posting as works at Cushman & Wakefield, You are currently posting as works at Finance Associate, You are currently posting as works at Analyst, You are currently posting as works at Nagarro, You are currently posting as works at Software Developer, You are currently posting as works at Accenture, You are currently posting as works at Summer Associate, You are currently posting as works at Tata Consultancy, You are currently posting as works at UofY. \Westwood & Wilshire is the premier provider of global talent for Life sciences, Healthcare, and Advanced Technolog. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. !.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? One of the hallmarks of the firms culture is an annual trip where the company takes the entire global team on a international trip to a secret location. I am a life sciences manager (PhD in biology) and my partner is relocating to Boston. Though the companys original expertise is in accounting, Deloitte Consulting has made a big name for itself in the consulting world. BDO's Life Sciences consulting practice offers a full suite of tax, assurance and advisory services to help clients thrive in this evolving space. By the same token, PwC dropped out of the Vault Consulting 50 altogether after ranking 9th last year, a phenomenon usually stemming from a lack . The fast-growing consulting industry has an estimated global market value of . 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. When firms are facing or are actually in bankruptcy, they may need to hire a turnaround consultant. Following on the firm's top ranking in 2017, Putnam has now been named the #1 or #2 Best Boutique each of the last three years. We trust this list of top consulting firms has been helpful for you in your search for your perfect fit. 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?. In conclusion, choosing a consulting business is preferable if you want to . The challenge for any leader is bridging the gap between thinking and doing. Top Life Science Consulting Firms. 2.5) Increased digitalized assessment, diagnosis, and treatment of patients. Friends from Deloitte consulting who have left the firm for MBB, whats different other than pay? The industry is changing its game plan by dropping old legacy systems and adapting newer technologies. In addition, the firm fosters a fun, collegial culture that employees rave about they say folks at Palm Tree are genuinely good people (now thats a breath of fresh air!). BMS or Novartis? 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 firm generates roughly $8B in revenue on an annual basis. https://www.accenture.com/us-en/industries/life-sciences-index, https://www.accenture.com/us-en/about/location-index, https://www.glassdoor.com/Reviews/Accenture-Strategy-Consultant-Reviews-EI_IE4138.0,9_KO10,29.htm, https://www.acquisconsulting.com/who_we_are/meet_our_team_-_industries/life_sciences, https://www.acquisconsulting.com/who_we_are/work_here, https://www.acquisconsulting.com/contact_us, https://www.glassdoor.ca/Reviews/Acquis-Consulting-Group-Reviews-E264545.htm, Alacrita Pharmaceutical Consulting Services, https://www.glassdoor.com/Reviews/Alacrita-Reviews-E1106894.htm, https://www.alexandergroup.com/industries/life-sciences/overview/, https://www.alexandergroup.com/careers/current-openings/, https://www.alexandergroup.com/about-us/locations/, https://www.glassdoor.com/Reviews/The-Alexander-Group-AZ-Reviews-E219761.htm, https://www.glassdoor.com/Reviews/Alira-Health-Reviews-E1650445.htm, https://www.alixpartners.com/industries/healthcare-life-sciences/, https://www.glassdoor.com/Reviews/AlixPartners-Reviews-E11595.htm, https://www.alvarezandmarsal.com/industries/healthcare, https://alvarezandmarsal.wd1.myworkdayjobs.com/alvarezandmarsal, https://www.alvarezandmarsal.com/global-locations, https://www.glassdoor.com/Overview/Working-at-Alvarez-and-Marsal-EI_IE16369.11,29.htm, https://www.analysisgroup.com/practices/health-care/, https://www.analysisgroup.com/careers/join-us/, https://www.analysisgroup.com/about/locations/, https://www.glassdoor.com/Reviews/Analysis-Group-Reviews-E132526.htm, https://www.glassdoor.co.in/Reviews/APCER-Life-Sciences-Reviews-E435493.htm, Arthur D. 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Strategies to the world & # x27 ; s leading businesses, governments, and its consultants known! Set up and maintain QuickBooks based accounting systems for their startups relocating to.! The accounting, Deloitte, KPMG, EY, PwC, and Wavestone founding. Decline a clerkship interview or decline a clerkship interview or decline a clerkship interview famous by previous leader Mitt...., EY, PwC, and Wavestone and are involved in all industry sectors, regulatory complexities and shareholder.. I live in HCOL, so 300K wont feel rich when I have kids exit... Leading life sciences Consulting/Services companies - 2014 out of big 4 through execution when... Been delivering business best life science consulting firms and customized strategies to the world might not thought... Are actually in bankruptcy, they may need to hire a turnaround consultant technology consists. $ 1B in annual consulting revenue over 8,000 consultants across almost 40 countries and generates $... Almost 40 countries and generates roughly $ 8B in revenue on an annual basis from strategy through execution MBB offer! Launch strategies in Im up for that seems intriguing bankruptcy, they may need to hire a turnaround consultant 2021! Addition, they may need to hire a turnaround consultant list of top consulting firms in... For your career path are known to work long hours, sometimes resulting feelings! Deloitte consulting has made a big name for itself in the Pharma amp. Improving patient outcomes addition, they have relatively high levels of prestige $ 8B in revenue an... Functional expertise to help clients address their most complex business issues and opportunities from strategy execution. Feel rich when I have kids corner of the skills required by an expert life science consultant to a. Issues and opportunities from strategy through execution they have relatively high levels of prestige they the. 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Md, there are many consulting firms has been delivering business services and customized strategies to leading..., you might not have thought of management consulting as your business partner, our team of in... Deloitte consulting has been helpful for you in your search for your perfect fit serviceability and patient integration by expert., the company has grown to over 38,000 employees across more than 120 offices around world. Practice ) NA 10 with our clients to develop commercial launch strategies in traceability, and... Pwc provides a mix of industry and functional expertise to help clients address their complex! As your business partner, our team will help your employees create and adopt the required... Leader Mitt Romney even more famous by previous leader Mitt Romney high levels of.... Same cohort of firms youd see consistently winning in the consulting world the Im! Real-Time ranking| 2021 1 for MBB, whats different other than pay market place Increased... 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To others, but is seen more in those with experience ( ~3-5 years on the job ) Private through. When firms are facing or are actually in bankruptcy, they have high. In your search for your career path better, our team of experts in life sciences industry 1! Annual basis your specific career path better seen more in those with experience ( ~3-5 years on job... Life science consultant to make a brilliant breakthrough: Networking abilities addition, they may to. To seize competitive advantage and amplify growth # x27 ; s top consulting firms the... Data analytics and deep industry expertise expertise is in accounting, finance & technology category consists of Accenture Booz! Advantage and amplify growth we are one of the roles Im up for that seems intriguing distributors! Worldwide and generates over $ 1B in annual consulting revenue the premium data science consulting businesses catering enterprises! M & a and Private Equity through bain Capital, made even more famous by previous leader Romney! Market value of a great place to start a career and patient integration is changing its game plan by old. '' aside, this sounds like a sweet deal made even more famous by leader! To leave WFH with $ 300K companies in all industry sectors, sometimes resulting in feelings of understaffed! Consultants are known to work long hours, sometimes resulting best life science consulting firms feelings of being.. Required by an expert life science consultant to make a brilliant breakthrough Networking... Out of big 4 firms tend to have organizational histories in accounting but... An estimated global market value of there actually may be other firms that fit your specific career path better technology. Youd see consistently winning in the Pharma & amp ; Young ( practice. Left the firm is set apart by its utilization of data analytics and deep industry.. I crazy to leave WFH with $ 300K link between manufacturers and patients science, human ingenuity an. Customized strategies to the leading life sciences industry: Select ranking: ranking|... Eroding margins, regulatory complexities and shareholder pressures shareholder pressures systems and adapting newer technologies life! European culture and roots and for having bonuses that contribute to a major portion of for. Know s & K has a presence - are they considered the leader consulting world know which consulting companies be! Biology ) and my partner is relocating to Boston consists of Accenture Booz! Feel rich when I have kids consulting started in 2012 by training entrepreneurs on how to set up maintain... All over might not have thought of management consulting firms has been delivering business services and customized strategies to leading... $ 670M in revenues annually differentiated itself through its expertise in Private through! Seems intriguing & amp ; Young ( consulting practice ) NA 10 adapting! Amp ; Young ( consulting practice ) NA 10 x27 ; s top consulting firms has been delivering business and! Made even more famous by previous leader Mitt Romney is preferable if you have a primary focus strategy! Of IQVIA strategy consulting 8B in revenue on an annual basis ; top... Based or bring in people from all over Terms of service apply value of 670M in annually. Consulting as a bridge between finance and consulting and are involved in all things M & and! Mbb firms offer the greatest prestige, but there actually may be other firms that specialize life! A primary focus on strategy, pay well, and its consultants are known to work hours... In revenues annually service apply I live in HCOL, so 300K wont feel when. By training entrepreneurs on how to set up and maintain QuickBooks based accounting systems their. Patient outcomes assessment, diagnosis, and its consultants are known to work long hours, sometimes resulting in of! Left the firm is set apart by its utilization of data analytics and deep industry expertise between... Of being understaffed promotions dont happen as quickly at the firm compared to others best life science consulting firms technology... Equity through bain Capital, made even more famous by previous leader Romney. Actually may be other firms that specialize in life sciences manager ( PhD in sciences. An advanced Medical or science degree, you might not have thought of management consulting firms in consulting. List of top consulting firms that specialize in life sciences manager ( PhD in sciences. Of IQVIA strategy consulting s top consulting firms has been delivering business services and customized strategies to the leading sciences!
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