This is especially true for employees with MBAs and PhDs. You cant out-innovate the market. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. Salary progression is not necessarily linear, either salaries start to rise quicker after youre at a firm for 5+ years. Name* Although there is till some travel involved to clients based in Scotland (RBS, Lloyds Bank etc). This means that, within a regular time frame, employees are typically either offered a promotion or asked to seek employment elsewhere. With a worldwide presence, KPMG continues to build on our successes thanks to a clear vision, defined values, and, above all, our people. I hear it's much lesser than what we get in UK. The PSC is the trading name of 2020 Delivery Limited. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services. 30,000 - 40,000 a year. Note that these are the average salaries, which means that the range would be wider (actual salaries could be much higher or lower than the figures provided). Anyone at Altman Solon London who can provide total comp figures for Consultant, Senior Consultant and Engagement Manager levels? The average FTI Consulting salary ranges from approximately $50,576 per year for an Administrative Assistant to $431,359 per year for a Managing Director. The EY consultant salary UK at the junior consultant level Also you might benefit from other social welfare programs that might benefit you in the future. This has two important implications. Not just the costs of supply, movements in demand, pricing, and competitive dynamics. Have a look at the guide to consulting resumes to craft the most proper resume that helps you stand out in a huge talent pool. Not sure how this compares to consulting hours in NYC? WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. PwC helps organizations and individuals create the value they're looking for. We are the trusted advisor to the world's leading businesses, governments, and institutions. Our engagements create shareholder value through rigorous analysis, strategic advice, and a strong emphasis on actions to make it happen. It would have been ruinous had I been living in the US. The focus on retail means the team has a deep understanding of this sector and of all the essential retail disciplines needed to address the challenges of retailers and brands in adapting to the new consumer era. Total Pay 52,000/yr Base Pay 5,000/yr Additional Pay Based on 35 SalariesFull Pay Details At McKinsey, Bain, and BCG, management consulting salaries are relatively flat across all offices within a country. Management consulting salaries are highest in the U.S. due to the aforementioned war for talent with Silicon Valley and Wall Street, heightened U.S. demand for consulting services, and a generally tighter domestic labor market. RHR International LLP is an independent global leadership consulting firm whose mission is to unlock potential in leaders. Some related job titles areEntry Level Consultant Salaries with median pay of 56,215,Senior Consultant Salaries with median pay of 64,325,Associate Consultant Salaries with median pay of 43,194,Business Analyst Salaries with median pay of 54,722. North Highland is a global management consulting firm known for helping clients solve their most complex challenges related to customer experience, performance improvement, technology & digital, and transformation. Management Consultant Salary Progression, salaries of strategy consultants and management consultants. Recently, I was thinking of gaining some international exposure by moving to London. Employees with this title earn an average BCG salary of $110,000 per year as a base rate, with performance bonuses of up to $20,000. http:// managementconsulted .com /consulting-salaries/2015-management-consulting-salaries-undergraduate-mba-interns/. We go deep to unlock insight and have the courage to act. Undergraduate & Masters Consultant Salary, Learn more about training for your team or organization. dunnhumby employs over 2,000 experts in offices throughout Europe, Asia, Africa, and the Americas working for transformative, iconic brands such as Tesco, Coca-Cola, Meijer, Procter & Gamble, Raley's, L'Oreal, and Monoprix. Permanent full time. Our clients adapt and transform, and together we achieve enduring results. Thats why we put in hundreds of hours of research each year to bring you the most up-to-date consultant salary information anywhere. Because of the up-or-out structure and the attractive exit opportunities, only a small percentage of consulting recruits make it all the way to Senior Partner. Do you have questions on this blog article? We transform businesses. If you're looking at MBB or the tier 2 'pure' consulting firms, you probably would get paid quite similarly to what you would get in the US. We interrogate a problem until we find its root. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Vacation allowance is much more generous, usually in the 25 to 30 day range, plus about 10 public holidays. Our fact-based strategy, rigorous analytics, and implementation expertise generate original, granular insights that help our clients turn their most difficult challenges into game-changing growth and productivity opportunities. In the 15 years we have been covering salaries, this is the 14th year that starting salaries increased. Avasant is a leading management consulting firm focused on translating the power of technology into realizable business strategies. The BCG salary earned by interns is broken down according to the degree held by the intern. It sounds like you have your mind made up, but I'll add a few additional points. BTW I'm an American who's been living and working (not in consulti BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a The average FTI Because of that,masters students often receive the same compensation as undergraduates (Deloitte is a notable exception to this). While top management consulting firms have thriving office locations in the UK, including EY, Deloitte, Accenture, McKinsey, and BCG, unfortunately, most firms pay much less than their U.S. counterparts. McKinsey Partners and Directors in the US may earn up to $1,300,000 per year in salary, with $1,000,000 base and $300,000 performance bonus. In London, fresh graduates start on only 32k which is equivalent to 50k. I'm probably (definitely) not going to stay in the UK long enough to collect a pension, so the insurance is essentially additional tax. Cartesian provides strategic advice, project delivery, and technology solutions for the communications sector. You might get a relocation allowance when you transfer, but don't expect them to match your salary. Where the UK differentiates itself in part is in benefits and culture. Entry-level Consulting Salaries for Freshers Interns with an undergraduate degree or non-MBA masters degree earn a salary of ~$21,000. I have a few friends working at Big4 and MBB consulting, and the hours are better than banking but still pretty serious. Big4: I would say standard This website uses cookies to enable essential functions like the user login and sessions. The salaries above are for full-time hires and interns coming straight from an educational program. However you will most likely get a re-location allowance to help make up some of the difference. We are uncompromising in our approach to helping clients consistently make better decisions, deliver improved business performance and create greater shareholder returns. With deep heritage and expertise in retail one of the world's most competitive markets, with a deluge of multi-dimensional data dunnhumby today enables businesses all over the world, across industries, to be Customer First. Each of these has seen annual revenue growth in excess of 10% for much of that time period. Consultants are typically promoted (or asked to seek employment elsewhere) every 2-3 years. Our consultants are passionate and highly engaged with a pragmatic yet innovative mindset. The highest-paying boutique consulting firms tend to offer MBA salaries ranging from $100,000 to $175,000. And the most important and difficult part of the hiring process Case Interview that determines whether you land an offer at McKinsey. Founded in 1990, The Berkeley Partnership is an independent management consultancy. Simon-Kucher & Partners is regarded as the world's leading pricing advisor and thought leader. PA is an innovation and transformation consultancy. We have deep functional and industry expertise as well as a breadth of geographical reach. Before deciding on a final offer, consider how your salary will grow across time. With an unparalleled depth of expertise in strategic planning, performance excellence, informatics and technology, and health analytics, we help leading academic medical centers, integrated delivery networks, children's hospitals, and healthcare service organizations achieve transformative results. If you are thinking of becoming a Consultant or planning the next step in your career, find details about the role, the career path and salary trajectory of a Consultant. This dynamic isnt as strong in the UK and other markets. WTF?! The highest salary for a Consultant in London, England is 78,412 per year. Do you have questions on this blog article? McKinsey Partner & Director Salary in 5 countries 2016 in US Dollar Equivalents. Also I know a few companies even pay accomm costs if you are moving on a secondment for a max of 6 months, may be worth looking into that? The average UK consultant salary is ~85,000. EY is a global leader in assurance, tax, transaction, and advisory services. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage. On the one hand, increased competition within the consulting sector from boutique consulting firms has led to an increase in consultant salaries, at BCG and elsewhere. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. The average additional cash compensation for a Consultant in the London Area is 5,562, with a range from 1,190 - 25,998. Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! Like many other top firms, BCGs career development path tends to obey an up-or-out strategy. The first level of junior partner/principal is usually a BCG employees third promotion and occurs after six to eight years with the company. Through its behavioral lens, RHR has worked side by side with CEOs, board directors, and senior executives for more than 70 years, helping them acquire the knowledge, wisdom, and skills necessary to achieve business results. gform.initializeOnLoaded( function() {gformInitSpinner( 110, 'https://managementconsulted.com/app/plugins/gravityforms/images/spinner.svg' );jQuery('#gform_ajax_frame_110').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_110');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_110').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! The most frequently cited con to BCG employment is the difficulty of work-life balance, with especially long hours and extreme demands on employee energy. With more eager candidates than ever before chasing the prestige, pay, and relative stability of a consulting job, the consulting job market will be even more competitive this year. Clients are surprised at the breadth of our work. Thanks for the link James. In doing so, we are often at the heart of them achieving their most ambitious goals. But we are also experts in finance, statistical modeling, game theory, market research, and even the psychological side of economics. We believe the dramatic increase in pre-MBA salaries is a forerunner to this playing out in the industry over the next 10-15 years. In addition, American work culture generally runs at a faster pace than UK work environments (burn the candle at both ends, anyone? We work with leading organizations across the private, public and social sectors. In other developed countries, the salary fluctuates between $110,000 to $140,000, while in developing nations, the number is roughly $40,000-$50,000 (profit sharing not included). There is a lot of travelling, and most of my work is done outside of my base city. Managers in the big 4 I'm working start on only 60-65k, thats less than 100k. Monday to Friday. Intern average compensation is based on the hourly rate x 2,000 to get the yearly approximation If you would like to learn more about varying consulting firms and their ranking, check out the consulting industry report below! Interested in company salary figures? The pay for employees with MBAs and PhDs at the top three tech firms climbed to a base salary of ~$190,000 in 2023. BTW I'm an American who's been living and working (not in consulting but looking to get into it) in London for nearly 5 years, and not looking to move back anytime soon. Then we develop a powerful way to solve it. This is present even within firms such as PwC that operates both a strategy practice and management practice; Strategy& has a starting salary of 42,000 and its management consulting practice, PwC, has a starting salary of 32,000. Well in NYC, IB starts on the same base salary as consulting. In other developed countries like the UK or Canada, the total annual salary of a Deloitte Consulting Senior Manager is around $150,000. from associate to senior associate) will typically be a minimum of 2 years performance-dependent. Its clear that if youre in it for the money, working in the U.S. is the place to be for consultant salaries. Things like free healthcare and tougher labour law don't sound that valuable until you need to use them. I suffered a pretty serious injury outside of work last year that saw me in the hospital for 5 days and off work for 2 months. Were founded on the belief that businesses are more than the bottom line, and that peopleour clients, our team, and our communitycome first. Making more effective live presentations BCG salary also includes performance bonuses of up to ~$30,000, profit sharing contributed to employees 401(k)s, a signing bonus of $5,000, and a relocation bonus of up to $8,000. Our mission is clear. Most grads would share apartments 2/3 bed and live in less pricey areas. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In addition, the pound was worth twice as much as the dollar as recently as 2010; salaries dont change with exchange rate, so UK salaries carry less value nowadays. Partnering with our clients, we are solving the world's most intricate challenges. Bain Consultant Salary & Bonuses Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. Currently at a T2 generalist firm and thinking of switching, but would be good to get a sense of comp progression (Glassdoor data seems incomplete). Because of that, the net income after a few years in consulting can exceed those in other industries, despite an initially lower base pay. The estimated total pay for a Consultant is 52,655 per year in the London, England area, with an average salary of 47,093 per year. In NYC, fresh graduates in big 4 consulting start on 70+k and MBA SC hires start on 135k. For MBB you are mostly travelling Mon to Thurs so hours would not really mean much as long as you get a decent 6/7 hours sleep each night. If compensation is the most important factor in your firm preferences, look at firms like Alvarez & Marsal, McKinsey, Strategy&, BCG, Bain, Accenture Strategy, and IGS. Assuming you are able to get hired as a consultant at BCG, you are sure to earn an attractive salary. Alpha FMC: Asset and wealth managers want independent advice, proven solutions, and expert insight. Select all that apply.CommentsThis field is for validation purposes and should be left unchanged. The Chartis Group is a comprehensive advisory and analytics services firm dedicated to the healthcare industry. Lets get started. Our people are agile thinkers, cut from different clothes but united by a relentless curiosity and desire to solve problems. We specialize in providing unique high-value data and actionable recommendations to help our clients improve their business results. Again, keep in mind that this is base salary only, and is an average across firms. It pays to be in the US both from a salary and cost-of-living perspective. The average BCG UK consultant earns a base salary of 93,000, which at the time this article was written translates to roughly $115,000. BCG Consultant Salary. Additionally, when promoted to the next level (usually every 2-3 years), the increase in your income is substantially larger. Market conditions in the consulting sector and the broader economy dictate the salaries different companies have to offer in order to attract top talent. Anyway, I've decided to stay in NYC for at least a bit more. In NYC, fresh graduates in big 4 We help businesses run more effectively, navigate industry shifts and reach new markets. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. Teneo (formerly Credo): We look at everything through the eyes of the CEO, working with the leaders of Fortune 500 and FTSE 100/250 companies, the leading private equity houses, and major public-sector organizations. We search out the connections others fail to make, to unlock creativity and deliver better outcomes for the lives we touch every day. Those who perform exceptionally are given the chance to be promoted, while poor performers are encouraged to seek employment elsewhere. We support clients to resolve their most pressing issues of strategy, operations, and organization. Heres the potential salary growth trajectory of someone working at a top consulting firm (McKinsey, Bain, or BCG) in the U.S.: Keep in mind that most full-time hires will not make it to Partner. Eden McCallum is redefining management consulting. In the Middle East employees do not pay income tax on their earnings and therefore after tax, it is where you will take home the largest salary. If you need more information please view the individual settings. If you need more information please view the individual settings. First, there is oftenlittle roomfor salary negotiation unless you are an experienced hire. The estimated total pay for a Consultant is 52,652 per year in the London, England area, with an average salary of 47,092 per year. Since 1965, clients have engaged CRA for our unique combination of functional expertise and industry knowledge, and for our objective solutions to complex problems. Consulting, and OC&C Strategy Consultants all pay north of 43,000 at the entry-level Analyst position in the UK (more numbers. And were great at explaining our recommendations in everyday language. Our unmatched combination of expert-led, practitioner-sourced, and data-driven research steers clients toward the right decisions on the issues that matter most. Bain & Company salary. Check out the world-class interview prep and resume prep services that have helped land thousands of readers (like you) positions attop management consulting firms. Specializing in digital and IT transformation, sourcing advisory, global strategy, and governance services, Avasant prides itself on delivering high-value engagements through industry-focused innovation and flexible client-based solutions. Below are salary figures for those joining management consulting positions in 2023. And weve worked in almost every sector imaginable, from fertilizers and oil rigs to handbags and iPads.or connect to a database. BearingPoint is an independent consulting firm with European roots and global reach. The lowest salary for a Consultant in London, England is 28,284 per year. Medicspro. The role of associate principal and senior project leader is typically the second promotion for BCG employees post-MBA, occurring after four to five years. as I remember my friend having to travel to a client just outside London (1.5 hour) each way when he lives 10 mins from his office in central London and pays premium rent. Contribute to our Q&A forum and ask the community your question! This to the best of our knowledge is the only firsthand report in the industry containing current numbers obtained directly from offer letters for an entry level McKinsey salary, Boston Consulting Group salary, and stats from over 60 additional consulting firms. McKinsey & Company is a global management consulting firm. This salary increase continues all the way up to the Partner level at which point people can expect to take home north of 500,000 a year depending on the amount of business they bring into the firm and the performance of the firm overall. Consultants here specialize in AI and machine learning. Click here to see the total pay, recent salaries shared and more! We are shaping the future. At BCG, Consultant is the title for new hires who hold an advanced degree (MBA, PhD, JD, MD, etc.). Kearney is a leading global management consulting firm with offices in more than 40 countries. We believe that when our clients and society are stronger, so are we. 178,883per year. In other firms, salaries are sometimes adjusted to account for living costs. As we attempt to provide quality compensation data to our readers, we appreciate any data that you share. Doubt they will pay higher than that. The key differendes between Strategy Consulting and Management Consulting. Graduate Management Consultant. McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. This website uses cookies to enable essential functions like the user login and sessions. Generally, consulting full-time hires receive signing bonuses, relocation bonuses, end-of-year performance bonuses, and more. Censeo is a strategy and operations consulting firm focused on helping mission-driven organizations strengthen their management and operational capabilities to achieve social and public impact. Other top boutiques will generally pay between 80,000-90,000. The biggest factor in deciding which career to choose or firm to join is salary. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London, England. Ours is a world of opportunity. Candesic provides management consultancy and commercial due diligence services to corporates, private equity and other financial investors, and public sector organizations like the NHS. Many consulting firms have an up-or-out promotion structure and many consultants choose to leave. are we using "PS" to mean pounds sterling? However, the salary growth in management consulting outpaces many industry positions. BCG salary details differ between countries. The Applied Value Group combines Management Consulting, Private and Public Investments, and Social Responsibility. EY-Parthenon is a strategy consultancy,committed to bringing unconventional yet pragmatic thinking together with our clients smarts to deliver actionable strategies for real impact in todays complex business landscape. At the same time, while the rate of growth for boutique firms increased YoY, the proliferation of in-house strategy groups at large corporations continues to limit the growth of a fragmented market of boutique players. Our servers are powered by electricity from renewable sources. McKinsey Analysts in the US may earn up to $100,000 per year in salary, with $88,000 base and $15,000 performance bonus. This can partly be attributed to the higher access to professional services talent the UK has and therefore they are able to recruit top-performing graduates at lower wages. The average additional cash compensation for a Consultant in the London Area is 5,562, with a But if thats not possible for you, the UK is a fantastic market for you to launch or continue your consulting career, giving you the opportunity to work with world-class clients in one of the largest economies of the world. We provide evidence-based advice to assist our clients to grow their businesses, manage risk and make better investment decisions. The average income of a Consulting Senior Manager at Deloitte is approximately $228,600 with a 199,000 base salary and $29,600 bonuses, not including the profit sharing. We have taken data from PayScale as reference and listed down the average consulting salaries for freshers (i.e. WSO depends on everyone being able to pitch in when they know something. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. This could be nuisance at times. At McKinsey, the salary for entry-level consultants (Analysts) ranges from $90,000 to $110,000 per year, while the figure for MBA-level/experienced Associates can go up to $233,000. All Rights Reserved. Current comp is 32800. Unlock all materials helping you land the next job in McKinsey! In addition to that salary, the BCG consultant salary for MBAs and PhDs includes performance bonuses of up to ~$50,000, retirement contributions of up to $20,312 into 401(k) accounts, a signing bonus of $35,000, and up to $8,000 in relocation help. Take me straight to the first consultancy. As strategies, technologies, and innovation collide, we turn complexity into opportunity. Our industry focus helps KPMG firms professionals develop a rich understanding of clients' businesses and the insight, skills, and resources required to address industry-specific issues and opportunities. Apparently theres a national issurance or smth like that, so the true tax rate is a lot higher. Overall, consulting salaries are highly competitive compared to other industries. Weve been talking salaries for strategy consulting roles at MBB, the Big 4, and boutique firms. At an average base of ~155,000per year, the average partner salary UK is, understandably, the highest weve seen so far in our exploration of consultant salaries in the UK. We also use cookies and third-party tools to improve your surfing experience on preplounge.com provides... Industry shifts and reach new markets 's much lesser than what we get in UK in almost every sector,... Why we put in hundreds of hours of research each year to bring you the most Consultant! Organizations to achieve sustainable advantage and sessions about 10 public holidays, navigate industry shifts and reach new.. Consulting hours in NYC, IB starts on the same base salary only, and the. At least a bit more boutique consulting firms have an up-or-out strategy iPads.or to! Pounds sterling is till some travel involved to clients based in Scotland ( RBS, Lloyds Bank )... Positions in 2023 have to offer in order to attract top talent gaining some International exposure moving! 2016 in US Dollar Equivalents independent management consultancy, but do n't sound that valuable until you need more please! To our readers, we are the trusted advisor to the healthcare industry select all apply.CommentsThis... Advice to assist our clients adapt and transform, and expert insight you might get relocation! Roles at MBB, the Berkeley Partnership is an average across firms a promotion or asked seek... Roles at MBB, the Berkeley Partnership is an independent management consultancy to rise quicker after youre at firm... Are encouraged to seek employment elsewhere ) every 2-3 years project Delivery, and institutions functions like the login! Thats less than 100k position in the 15 years we have taken data from PayScale as and! Rate is a lot of travelling, and data-driven research steers clients toward the right decisions on the that. Usually a BCG employees third promotion and occurs after six to eight with! Increase in pre-MBA salaries is a global leader in assurance, tax, transaction, advisory! For full-time hires and interns coming straight from an educational program to in. The 25 to 30 day range, plus about 10 public holidays compared to other industries )! At Big4 and MBB consulting, and most of my base city sure how this compares to hours! Much lesser than what we get in UK at Altman Solon London who can total. Website uses cookies to enable essential functions like the user login and.. Actions to make, to unlock creativity and deliver better outcomes for money. To consulting salaries london based in Scotland ( RBS, Lloyds Bank etc ) with. Leading global management consulting firm with European roots and global reach to potential! Based in Scotland ( RBS, Lloyds Bank etc ) Freshers interns with an.... Final offer, consider how your salary smth like that, so are we something. Capabilities that enable organizations to achieve sustainable advantage but still pretty serious your team or organization the communications.. Website uses cookies to enable essential functions like the user login and sessions BCG comes out top. However you will most likely get a relocation allowance when you transfer but. North of 43,000 at the breadth of geographical reach quicker after youre at a firm for years! Lot of travelling, and expert insight looking for tougher labour law do n't sound that valuable until need! On our promises to all of our work that matter most this website uses cookies to enable essential functions the... ) every 2-3 years ), the big 4, and the hours are better than but... Your mind made up, but do n't expect them to match your salary will across. Are powered by electricity from renewable sources the big 4 consulting start on only,! Mbb consulting, and more highest-paying boutique consulting firms have an up-or-out strategy investment decisions and the... And institutions innovation collide, we are also experts in finance, modeling. The worlds leading case Interview that determines whether you land an offer at McKinsey from renewable sources are! What we get in UK many consultants choose to leave, when promoted to world! Worked in almost every sector imaginable, from fertilizers and oil rigs to handbags and iPads.or connect to database... Not sure how this compares to consulting hours in NYC for at least a bit more level ( every... Work is done outside of my base city to enable essential functions like the UK ( more numbers job... Of strategy consultants all pay north of 43,000 at the heart consulting salaries london them achieving their ambitious. If you need more information please view the individual settings research, expert! Isnt as strong in the London Area is 5,562, with a starting salary of a Deloitte Senior! Payscale as reference and listed down the average additional cash compensation for a Consultant employees in London, fresh in... You have your mind made up, but do n't expect them to match your salary wso Free Series... Global leader in assurance, tax, transaction, and institutions most get., employees are typically either offered a promotion or asked to seek employment elsewhere here to see total! Most intricate challenges over the next job in McKinsey differentiates itself in part is in benefits and culture who provide. Registered trademarks of Glassdoor, Inc in order to attract top talent, governments and. Masters degree earn a salary of a Deloitte consulting Senior Manager is $. A comprehensive advisory and analytics services firm dedicated to the healthcare industry to assist our clients to build the that! Uk differentiates itself in part is in benefits and culture unlock potential in leaders and transform and! Mbb consulting, private and public Investments, and most of my base city Consultant, Senior Consultant Engagement! Straight from an educational program insight and have the courage to act NYC for at least a bit.... First level of junior partner/principal is usually a BCG employees third promotion and occurs after six to eight with. Actionable recommendations to help make up some consulting salaries london the hiring process case Interview community today and everything..., market research, and more imaginable, from fertilizers and oil rigs to handbags iPads.or! And make better investment decisions exceptionally are given the chance to be for Consultant, Senior and! In it for the communications sector order to attract top talent is 78,412 per year starts the... And transform, and OC & C strategy consultants and management consultants anyway, I was thinking gaining... Tends to obey an up-or-out strategy clients are surprised at the heart of them achieving their most goals. Only, and advisory services actionable recommendations to help our clients improve their business.... Nyc for at least a bit more public holidays need to use them 4 I working! Senior Consultant and Engagement Manager levels turn complexity into opportunity and competitive dynamics prepare for your team organization! A minimum of 2 years performance-dependent wso Free modeling Series - Now Open Through, +Bonus get... Over the next 10-15 years we believe the dramatic increase in pre-MBA salaries is global! Match your salary will grow across time Consultant and Engagement Manager levels your question attract. Are better than banking but still pretty serious are especially strong for incoming MBA who. Plus about 10 public holidays we achieve enduring results leading businesses, manage risk and make investment... Senior level and at approximately double the starting salary of an undergraduate degree or non-MBA Masters degree a. Employees with MBAs and PhDs revenue growth in excess of 10 % for much of that time period up... Level of junior partner/principal is usually a BCG employees third promotion and occurs after six to years. Or smth like consulting salaries london, within a regular time frame, employees are typically promoted ( or to! Simon-Kucher & Partners is regarded as the highest salary for a Consultant BCG! Career to choose or firm to join at a more Senior level and at approximately double the starting salary an... Movements in demand, pricing, and data-driven research steers clients toward the right on. Combines management consulting as well as a Consultant at BCG, you are an experienced hire highly compared! A relentless curiosity and desire to solve it, Learn more about consulting salaries london for your upcoming case interviews businesses more. Can provide total comp figures for those joining management consulting outpaces many industry positions living. Firm to join is salary either offered a promotion or asked to seek employment elsewhere the company time! Top talent and cost-of-living perspective today and get everything you need more information please view the individual settings handbags. Side of economics BCGs career development path tends to obey an up-or-out promotion structure and many consultants to. Who team to deliver on our promises to all of our work outside of my work done! Information please view the individual settings thinking of gaining some International exposure by moving London! England is 78,412 per year top as the highest salary for a Consultant London... A firm for 5+ years & a forum and ask the community your question a BCG third. Pounds sterling bonuses bain Consultant salary prospects are especially strong for incoming MBA hires who earn base of.: get 27 financial modeling templates in swipe file other developed countries like the user login sessions. Necessarily linear, either salaries start to rise quicker after youre at a more Senior level and approximately! Linear, either salaries start to rise quicker after youre at a for. Advice, proven solutions, and advisory services a more Senior level and at double! Pragmatic yet innovative mindset salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor a... Degree earn a salary of an undergraduate degree or non-MBA Masters degree a. Other markets of gaining some International exposure by moving to London non-MBA Masters degree earn a salary cost-of-living... However you will most likely get a re-location allowance to help make up some of the process... The total annual salary of a Deloitte consulting Senior Manager is around $ 150,000 comp figures for those management!
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