Top 4 Business Analysis Companies for 2020

Last updated on: December 19, 2019

Top 4 Business Analysis Companies for 2020

Last updated on: December 19, 2019

The field of Business Analysis is booming like never before. Besides, many leading companies are feeling the need for a full-time Business Analysis who can successfully bridge the gap between the management team and the technical department. But, which are the leading companies specializing in business analysis, that you might be work for? Let’s discuss business analysis companies that lead the market contribute best to your professional development.

1. McKinsey & Company

McKinsey & Company was founded by James McKinsey, an accounting professor in Chicago in 1926. Although it started as a consulting firm, it grew rapidly during the 1940s and 50s, particularly in Europe. At present, McKinsey employs almost 26,000 members spread throughout its 120+ offices and makes $8.8bn as gross revenues.

The Positives:

  1. Excellent opportunities if you want to grow your career as a BA.
  2. Decent exposure, and friendly staff.
  3. Smart colleagues.

The Negatives:

  1. Not suitable if a person wants to maintain a work-life balance.
  2. Intense lifestyle with plenty of travel.

2. Boston Consulting Group

Boston Consulting Group was founded by Bruce Henderson in 1963. At first, Boston Consulting Group acted as a subsidiary of Boston Firm prior to launching its independent workplace in 1975.

During the 1960s, the firm grew rapidly in the overseas market. It experienced a brief setback during 1973 when Bill Bain, the then vice-president left BCG to start his own company, Bain & Co. During the 2000s, BCG was under a big threat due to the rise of technology and economic crisis. Nonetheless, with offices across the globe and almost $5.6bn in revenues, it stays among the top business analysis companies worldwide.

The Positives:

  • Perfect to start your career as a BA.
  • Good colleagues.
  • Global Leader

The Negatives:

  1. Middle management not that collaborative.
  2. Extended work hours.

Accenture

Founded in the 1950s by Arthur Andersen, Accenture’s first project was to examine the practicality of setting up a computer in General Electric’s research sites. It’s also one of the first organizations in the United States to utilize a computer for business purposes following this project.

At present, Accenture is one of the leading consulting companies with more than $35bn in revenues. The company has become quite stronger in the past few years, especially in the European continent.

The Positives:

  1. Opportunity to learn the latest technologies.
  2. Excellent training and social life.
  3. Plenty of challenges.

The Negatives:

  1. Promotions may be affected by internal politics.

Oliver Wyman

Oliver Wyman was a result of a combination of 3 global consulting firms (Mercer Oliver Wyman, Mercer Management Consulting, and Mercer Delta). Lately, Oliver Wyman has been progressing at an extraordinary pace, mainly due to various acquisitions made during 2008. Presently Oliver Wyman holds more than 60 offices that are spread across 27 countries.

The Positives:

  1. Enough responsibilities and exposure to all the employees.
  2. Positive work atmosphere.

The Negatives:

  1. May prove challenging for introverts.
  2. Unhealthy work-life balance.

Conclusion

I find consulting companies to be most attractive for business analysts because of their multifaceted experience. Thanks to the varied application of your knowledge, you will better develop professionally in a consulting firm. Unlike product companies, where your knowledge and experience will develop in the context of the company’s product. Accordingly, the impact on your professional development in product companies is limited. At the same time, many clients from product oriented companies seek to attract consulting companies to solve their problems in order to take advantage of their rich and diverse experience. Of course, there are great product companies that contribute in professional development of their employees. See The Essential List for Business Analyst Skills and follow the path. I wish you good luck in your career and studies!

 
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The field of Business Analysis is booming like never before. Besides, many leading companies are feeling the need for a full-time Business Analysis who can successfully bridge the gap between the management team and the technical department. But, which are the leading companies specializing in business analysis, that you might be work for? Let’s discuss business analysis companies that lead the market contribute best to your professional development.

1. McKinsey & Company

McKinsey & Company was founded by James McKinsey, an accounting professor in Chicago in 1926. Although it started as a consulting firm, it grew rapidly during the 1940s and 50s, particularly in Europe. At present, McKinsey employs almost 26,000 members spread throughout its 120+ offices and makes $8.8bn as gross revenues.

The Positives:

  1. Excellent opportunities if you want to grow your career as a BA.
  2. Decent exposure, and friendly staff.
  3. Smart colleagues.

The Negatives:

  1. Not suitable if a person wants to maintain a work-life balance.
  2. Intense lifestyle with plenty of travel.

2. Boston Consulting Group

Boston Consulting Group was founded by Bruce Henderson in 1963. At first, Boston Consulting Group acted as a subsidiary of Boston Firm prior to launching its independent workplace in 1975.

During the 1960s, the firm grew rapidly in the overseas market. It experienced a brief setback during 1973 when Bill Bain, the then vice-president left BCG to start his own company, Bain & Co. During the 2000s, BCG was under a big threat due to the rise of technology and economic crisis. Nonetheless, with offices across the globe and almost $5.6bn in revenues, it stays among the top business analysis companies worldwide.

The Positives:

  • Perfect to start your career as a BA.
  • Good colleagues.
  • Global Leader

The Negatives:

  1. Middle management not that collaborative.
  2. Extended work hours.

Accenture

Founded in the 1950s by Arthur Andersen, Accenture’s first project was to examine the practicality of setting up a computer in General Electric’s research sites. It’s also one of the first organizations in the United States to utilize a computer for business purposes following this project.

At present, Accenture is one of the leading consulting companies with more than $35bn in revenues. The company has become quite stronger in the past few years, especially in the European continent.

The Positives:

  1. Opportunity to learn the latest technologies.
  2. Excellent training and social life.
  3. Plenty of challenges.

The Negatives:

  1. Promotions may be affected by internal politics.

Oliver Wyman

Oliver Wyman was a result of a combination of 3 global consulting firms (Mercer Oliver Wyman, Mercer Management Consulting, and Mercer Delta). Lately, Oliver Wyman has been progressing at an extraordinary pace, mainly due to various acquisitions made during 2008. Presently Oliver Wyman holds more than 60 offices that are spread across 27 countries.

The Positives:

  1. Enough responsibilities and exposure to all the employees.
  2. Positive work atmosphere.

The Negatives:

  1. May prove challenging for introverts.
  2. Unhealthy work-life balance.

Conclusion

I find consulting companies to be most attractive for business analysts because of their multifaceted experience. Thanks to the varied application of your knowledge, you will better develop professionally in a consulting firm. Unlike product companies, where your knowledge and experience will develop in the context of the company’s product. Accordingly, the impact on your professional development in product companies is limited. At the same time, many clients from product oriented companies seek to attract consulting companies to solve their problems in order to take advantage of their rich and diverse experience. Of course, there are great product companies that contribute in professional development of their employees. See The Essential List for Business Analyst Skills and follow the path. I wish you good luck in your career and studies!

Previous Post
Business Analyst Education Paths
Next Post
We made to the list of the Career Development Blogs
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