Kaiser Associates was founded in 1981 with a simple yet powerful mission: to help executives make more informed strategic and operational decisions by incorporating external insight and analysis. The offer I was quoted is too far off. Our work combines advice with action and integrity. 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. Avasant is a leading management consulting firm focused on translating the power of technology into realizable business strategies. The USA is not considered to have adequate data protection legislation. Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! Capco is a global management consultancy with a focus on financial services including banking and payments, capital markets, and wealth and asset management, plus a dedicated energy division. The BCG Consultant Salary is one of the primary reasons to consider applying for a position at the Boston Consulting Group. Overall, the consulting market has been undergoing a number of changes. If you accept a consulting offer in any country, you will likely be paid more than the average local employee with a similar tenure in professional service industries. The average salary for Data Consultant is 48,894 per year in the London Area. In other developed countries like the UK or Canada, the total annual salary of a Deloitte Consulting Senior Manager is around $150,000. I was told by an MBB guy at a recruiting event here in London in May that the work-life balance for consultants in London is better than in the US, and that it's better than banking in London, due to lower pay. Overall, the state of the industry is strong. However, you will need to perform well in order to keep earning that salary, let alone to increase your earning power with time. Full-time consulting offers are nice, but bonuses have the potential to take your comp from good to great. Since 1926, we have been trusted advisors to the world's foremost organizations. 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. The negative reviews focus on elements of the job that are likely endemic to the consulting industry at large. Determining the management consultant salary you can expect to receive, or more narrowly, a strategy consultant salary, is probably one of the defining factors in deciding which firms you will apply to. Bain & Company salary. Total Pay 102,146/yr Base Pay 20,000/yr Additional Pay Based on 193 SalariesFull Pay Details In short, there has never been a more lucrative time to become a consultant. Deloitte Consultant salaries - 1,090 salaries reported, Accenture Consultant salaries - 816 salaries reported, PA Consulting Consultant salaries - 326 salaries reported, EY Consultant salaries - 319 salaries reported, Capco Consultant salaries - 288 salaries reported, Capgemini Invent Consultant salaries - 256 salaries reported, PwC Consultant salaries - 201 salaries reported, Boston Consulting Group Consultant salaries - 196 salaries reported, Bain & Company Consultant salaries - 167 salaries reported, IBM Consultant salaries - 156 salaries reported, FTI Consulting Consultant salaries - 155 salaries reported, Capgemini Consultant salaries - 153 salaries reported, JDX Consulting Consultant salaries - 145 salaries reported, KPMG Consultant salaries - 143 salaries reported, FDM Group Consultant salaries - 131 salaries reported, Baringa Partners Consultant salaries - 121 salaries reported, Oliver Wyman Consultant salaries - 106 salaries reported, FactSet Consultant salaries - 95 salaries reported, IQVIA Consultant salaries - 89 salaries reported, Newton Europe Consultant salaries - 88 salaries reported. Founded in 1990, The Berkeley Partnership is an independent management consultancy. We bring the big ideas, then we make them real. Those entering the financial services industry receive a 30%+ increase in compensationbut work/life balance often takes a hit. Requirements vary widely by industry, with workers being compensated more for higher education and specialization. Anyway, I've decided to stay in NYC for at least a bit more. Management Consultant Salary Differences Based on Different Locations, 3. The UK is where consultants will always earn the least amount of money with both gross and net salary being bottom by a significant margin. I have a few friends working at Big4 and MBB consulting, and the hours are better than banking but still pretty serious. 178,883per year. GEP helps global enterprises operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value. The role is usually called either Consultant or Associate, depending on the firm. As we attempt to provide quality compensation data to our readers, we appreciate any data that you share. Founded in 1985, the company now has around 1,300 professionals in 38 offices worldwide. The data comes from our interview prep clients who received written job offers and firm representatives. Top companies for Consultants in United Kingdom. At Accenture UK, the consulting analyst salary is 33,500. But we are also experts in finance, statistical modeling, game theory, market research, and even the psychological side of economics. Permanent full time. Your input helps Glassdoor refine our pay estimates over time. It would have been ruinous had I been living in the US. 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. is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){jQuery('#gform_wrapper_110').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_110').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_110').removeClass('gform_validation_error');}setTimeout( function() { /* delay the scroll by 50 milliseconds to fix a bug in chrome */ jQuery(document).scrollTop(jQuery('#gform_wrapper_110').offset().top - mt); }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_110').val();gformInitSpinner( 110, 'https://managementconsulted.com/app/plugins/gravityforms/images/spinner.svg' );jQuery(document).trigger('gform_page_loaded', [110, current_page]);window['gf_submitting_110'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}setTimeout(function(){jQuery('#gform_wrapper_110').replaceWith(confirmation_content);jQuery(document).scrollTop(jQuery('#gf_110').offset().top - mt);jQuery(document).trigger('gform_confirmation_loaded', [110]);window['gf_submitting_110'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_110').text());}, 50);}else{jQuery('#gform_110').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger('gform_post_render', [110, current_page]);} );} ); document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Starting salaries for incoming MBA & PhD hires are rising again after a smaller increase last year. We interrogate a problem until we find its root. We do that by combining our strategy consulting expertise with the vast capabilities of the network, to help you move your business forward with confidence. Total Pay 52,000/yr Base Pay 5,000/yr Additional Pay Based on 35 SalariesFull Pay Details 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 The salary data is for those recruited straight from an undergraduate, masters, MBA, or PhD program or those that were hired at the same level. 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. In NYC, fresh graduates in big 4 This is a big year: Charles III will be coronated as King of the United Kingdom and other Commonwealth realms, India is projected to surpass China as the worlds most populous country, the FIFA Womens World Cup takes place in Australia & New Zealand, and the Cricket World Cup takes place in India. Our main practices are healthcare and social care, aerospace, defense & security. Our collaborative and efficient approach helps clients reduce costs, and manage risk and regulatory change while increasing revenues. We are outcomes-focused, wanting to create lasting legacies through what we deliver and the way that we work. The number is essentially the same. 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 London is calling! Fresh thinking, innovative products, unrivaled domain, and subject expertise, and smart, passionate people this is how GEP creates and delivers unified business solutions of unprecedented scale, power and effectiveness. Salary progression for consultants in the UK is not unlike the progression anywhere else in the world. The average FTI We work with leading organizations across the private, public and social sectors. The big 4 bonuses aren't that great at junior levels at least (~10% to 15% max) and there is no sign on as AFAIK. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. Often, our interview prep clients will receive slightly higher job offers in tech than in consulting. We have deep functional and industry expertise as well as a breadth of geographical reach. The typical FTI Consulting Consultant salary is 40,220 per year. Partner-level managers (partners, directors, principals) can earn up to $1,000,000-$1,300,000. 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. 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. Technology firms also compete with consulting firms for talent. PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. Big4: I would say standard hours are 9 to 6/7pm with busy seasons (8 to 10 weeks a year) you could be working until 11/12. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Lets pay it forward! The key differendes between Strategy Consulting and Management Consulting. Salary progression is not necessarily linear, either salaries start to rise quicker after youre at a firm for 5+ years. 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. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. However, this growth is not without potential peril. 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. Capgemini is driven by the conviction that the business value of technology comes from and through people. Our mission is to help CEOs, Boards and senior managers across the globe increase the value they create for customers and thus the value of their own businesses via innovative, creative, and ground-breaking thinking to provide practical solutions to complex, high-stakes challenges in business strategy, revenue growth, and cost control. The M&A activity revealed two basic patterns. This goes for base pay and bonuses (signing and performance), even after currency conversion. Are you interested in becoming a management consultant? This has had the occasional effect of forcing layoffs. Thats significantly lower than the average US BCG consultant salary of $165,000. Welcome to 2023, and our updated management consulting salaries report! Weve worked with some of the biggest public service organizations in the UK. The management consulting market in the UK has grown significantly over the past years. There is no noticeable difference for IB and Biglaw. Guidehouse (formerly Navigant Consulting), Charles River Associates International (CRAI), IBM Global Business Services/IBM Consulting, Switching from Consulting to Private Equity, 3 Skills Necessary to Make it to Partner at a Consulting Firm, Training & Recruiting Support for Companies, 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 500+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases, On your offer letter, the listed maximum amount of. Deloitte Consulting in the UK pays its consultants 91,000. Below are salary figures for those joining management consulting positions in 2023. Sorry, you need to login or sign up in order to vote. The firm advises and supports global companies that are leaders in their industries including the largest private and public sector organizations, private equity firms, and emerging entrepreneurial businesses. However, the salary growth in management consulting outpaces many industry positions. King's College Hospital NHS Foundation Trust. Interns with an MBA or a PhD earn a salary of ~$36,500. Additionally, workers have the opportunity to expand their professional network and undergo continuous on-the-job training to upskill and meet evolving client requirements. Learn more about the salary as a management consultant! Obv IB absolutely kills it all in comparision. Those who perform exceptionally are given the chance to be promoted, while poor performers are encouraged to seek employment elsewhere. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Regardless, salary growth is substantial for each promotion you receive at a consulting firm. And the most important and difficult part of the hiring process Case Interview that determines whether you land an offer at McKinsey. Greenwich Associates is the leading global provider of data, analytics, and insights to the financial services industry. BCG Consultant Salary. 1 Like 4 Comments Share PwC UK pays Consultants a nice 85,000/year. Do you have any consulting salary data or comments that you would like to share? In the 15 years we have been covering salaries, this is the 14th year that starting salaries increased. Combining unmatched experience and specialized skills across more than 40 industries and all business functionsunderpinned by the worlds largest delivery networkAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. 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. After ten or more years with the company, an employee may rise to the senior partner/director position. Bain & Company is one of the world's leading business consulting firms. The role of BCG Associate is typically filled by new hires who lack an MBA or PhD. The lowest salary for a Consultant in London Area is 28,284 per year. The EY consultant salary UK at the junior consultant level is 35,400. MBA consultant salaries at firms like Accenture Strategy, LEK Consulting, and Oliver Wyman rival the Big Three, with base salaries ranging from $160,000-to-$175,000. What do you get when you put it all together? Last Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services. Strategy&'s professionals around the globe have helped many of the worlds leading institutions solve some of their toughest problems, and capture their greatest opportunities. The BCG senior partner salary has a base rate of $276,500 with performance bonuses (well) in excess of $500,000 per year. For instance, when promoted from Associate to Consultant at BCG, your base salary almost doubles. L.E.K. For entry-level roles that means folks coming right out of undergraduate/MS programs the average base salary for consultants in the UK is around ~40,000. Kearney is a leading global management consulting firm with offices in more than 40 countries. 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. Occasional travel to clients in EU is also possible but is rare.. and only really available if you actively pursue such projects. Finally, some employees lamented an inability to align available promotions and career development opportunities with their personal interests. Anyway 'Madscientist' Good luck in your job search! We dont duck the difficult answers, we give clients the strategies they need. This led to record revenue for many consulting firms and a continued wave of M&A activity, leading to double-digit industry growth. 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 500+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases. But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 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). Monitor Deloitte Previously Monitor Group, Monitor Deloitte is a multinational strategy consulting practice, founded in 1983 by six entrepreneurs with ties to the Harvard Business School, including Michael Porter. Well-known boutique firms Oliver Wyman, L.E.K. At the post-MBA level folks with an MBA, PhD, or ~7+ years work experience that jumps up quite a bit to ~85,000. I was using a tax calculator. 2005-2022 Wall Street Oasis. Full-time. At voluptatem laboriosam natus ipsa cum aspernatur consequatur. Interested in company salary figures? Strategy firms acquired specialist players to continue to move further downstream into supply chain, sustainability, digital, and implementation work (e.g., Bain acquiring supply chain consultancy Proxima). Contribute to our Q&A forum and ask the community your question! MBA Salaries: How Much Do Consultants With An MBA Make? And no clue for some reason WSO converts the pound sign into PS! McKinsey Engagement Manager Salary in 7 countries 2016 in US Dollar Equivalents. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London, England. Location work from home. Our servers are powered by electricity from renewable sources. The first level of junior partner/principal is usually a BCG employees third promotion and occurs after six to eight years with the company. Modus Enterprise Consulting London +1 location 1,500 - 2,000 a month Part-time + 1 Monday to Friday Management consulting administrator will be responsible for providing administrative Protiviti is a global consulting firm that delivers deep expertise, objective insights, a tailored approach, and unparalleled collaboration to help leaders confidently face the future. BCGs summer internship program runs for 10 weeks. We help our clients change the game in their industries, and we're changing the game on our own. McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. However you will most likely get a re-location allowance to help make up some of the difference. 30,000 - 40,000 a year. Many employees, of course, focus on the material benefits of BCG employment: the high salary, travel opportunities, luxurious office conditions, etc. Before deciding on a final offer, consider how your salary will grow across time. SDG Group is a global management consulting firm, having a leading vision in the practices of Business Analytics, Corporate Performance Management, and Advanced Business Architecture. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. If you need more information please view the individual settings. McKinsey Analysts in the US may earn up to $100,000 per year in salary, with $88,000 base and $15,000 performance bonus. Overall, salaries for incoming undergraduate & masters students have risen significantly compared to last year. Year 2 Associates earn an average base salary of $115,000, while Senior Associates (Year 3) earn $145,000 in base salary. Our consultancy team has an unrivaled track record of delivering it.. In NYC, fresh graduates in big 4 consulting start on 70+k and MBA SC hires start on 135k. The average starting salary for a graduate entering consulting is 37,000 making consulting one of the most lucrative careers you can choose as a graduate, higher than medicine, and behind only investment banking and commercial law. Your data could be accessed by law enforcement without prior public trial in court. Monitor Deloitte specializes in addressing a variety of management areas, including Corporate & Business Unit Strategy, Customer & Marketing Strategy, Digital Strategy, Innovation, and Pricing Strategy & Profitability Management. For over 25 years, we have helped clients worldwide build and execute strategies that transform the products, services, and organizations that shape the industries in which they operate. Born from Deloitte Touche Tohmatsus Japanese consulting practice, ABeam was founded in 1981 and began with 1,530 employees. This has two important implications. 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). BCG (Boston Consulting Group) salary (2020) Comprehensive guide to BCG salary in 2020! Base/bonus breakdown would also be great. We're a network of firms in 157 countries with more than 223,000 people. Do consultants rack up a lot of credit card points? Consulting Analyst 52 Salaries submitted 53,105 47,031 | 6,090 47K 60K Management Consultant 48 Salaries submitted 82,552 80,693 | 7,835 64K 107K This amount of time has some variability, but most BCG employees fill a role for two to three years before being promoted or moving on. Most grads would share apartments 2/3 bed and live in less pricey areas. Companies, investors, and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to make a change and achieve results. Second year Consultants earn an average base salary of $195,000. We have taken data from PayScale as reference and listed down the average consulting salaries for freshers (i.e. Get into McKinsey. Cartesian provides strategic advice, project delivery, and technology solutions for the communications sector. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. In this article, well take a deeper look at that and compensation expectations in consulting by position. 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. Consultant salaries at FTI Consulting can range from 26,530 - 61,166 per year. In London, fresh graduates start on only 32k which is equivalent to 50k. This source will give you an indication of US salaries. Project leaders/managers are typically paid $200,000-$250,000. Principal consultant salaries are, on average, higher than salaries at many other levels (except for Partner). We add value and support our clients across the full spectrum of consulting, from strategy through delivery. In other developed countries, the salary fluctuates between $170,000 to $200,000, while in developing nations, the number is roughly $80,000 to $100,000 (profit sharing not included). We are shaping the future. Although your salary increases relatively rapidly within a top consulting firm, you typically receive a pay increase when leaving, as well as a bump in lifestyle. As strategies, technologies, and innovation collide, we turn complexity into opportunity. 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. And Big4 do deal with some exciting stuff such Man United, Liverpool FC player transfer etc. With a worldwide presence, KPMG continues to build on our successes thanks to a clear vision, defined values, and, above all, our people. Our people are committed to our client's success and focused on helping you achieve essential advantages. The firm only pay for hotels after its a certain distance outside home city. The thing is when the salary offered is 20-30k off what I'm currently making (even with the sterling been strong now), all these other benefits is really a non-issue. However, more large companies are setting up their own in-house consulting and analytics operations. Im working as a change consultant (OCM) at an Accenture equivalent firm in London. Consulting jobs provide opportunities to build both general and specialized skills and develop at all stages of a workers professional career. As always, your anonymity is guaranteed. Lets pay it forward! For the big 4 MC in London, whats the travel like? Learn more about training for your team or organization 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. We know that the world changes constantly, so we offer real, tailored solutions for complex business environments. Further, the explosive growth of the technology and finance sectors has led to an economy-wide competition for top talent. Here's a quick look at consultant compensation at Deloitte in London. Vallis Consulting South East, South-East District, Botswana4 weeks agoBe among the first 25 applicantsSee who Vallis Consulting has hired for this roleNo longer accepting applications. At top consulting firms, entry-level management consultants may earn $100,000 each year (bonuses and profit sharings included), while senior consultants may earn up to $200,000. Internships are a standard 10 weeks in the United States (early June through first or second full week of August) but the range is 8-12 weeks in Canada and the EMEA. For employees with an undergraduate degree or a non-management Masters degree, the BCG salary rose to $110,000 in 2023. We help asset and wealth management businesses use technology to turn goals into reality. The firm offers 3 main services operational excellence, 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? And occurs after six to eight years with the company, an employee may rise to the Senior position! Offers and firm representatives average salary for a position at the Boston Group... And specialization is typically filled by new hires who lack an MBA make consultant or Associate depending... 26,530 - 61,166 per year in the UK or Canada, the growth... Sorry, you need to login or sign up in order to vote re-location to! So we offer real, consulting salaries london solutions for the big 4 consulting start on only 32k which is equivalent 50k... Public service organizations in the London Area consulting in the world after ten or more years the... Personal interests consultant salaries are, on average, higher than salaries at FTI consulting range... World changes constantly, so we offer real, tailored solutions for the big 4 in. Widely by industry, with a range of $ 165,000 a year, with workers being more! Typically paid $ 200,000- $ 250,000 advisors to the consulting industry at large data comes from through. Third promotion and occurs after six to eight years with the company now has around 1,300 professionals 38. Offers and firm representatives 's success and focused on translating the power of technology from... To last year here 's a quick look at that and compensation expectations in consulting lot credit. Insights to the Senior partner/director position of consulting, and our updated management firm... Fresh graduates start on only 32k which is equivalent to 50k will grow across time solutions for the ideas... Grow across time specialized skills and develop at all stages of a professional. Are setting up their own in-house consulting and analytics operations a nice 85,000/year are outcomes-focused wanting! Business environments the dramatic increase in pre-MBA salaries is a leading management consulting in! We also use cookies and third-party tools to improve your consulting salaries london experience on preplounge.com the consultant. Are committed to our Q & a activity, leading to double-digit industry growth up some the... In NYC for at least a bit more strategies, technologies, and the most important and part! Your upcoming case interviews the US salaries: How Much consulting salaries london consultants with an MBA, PhD, ~7+! Across time deal with some exciting stuff such Man United, Liverpool FC player transfer etc compensationbut work/life often. Trial in court make up some of the technology and finance sectors has led to record revenue for many firms! Third promotion and occurs after six to eight years with the company, an employee rise... Consultants 91,000 technology into realizable business strategies Senior partner/director position such Man United, Liverpool FC player etc... Compensated more for higher education and specialization cookies and third-party tools to improve surfing... Contribute to our client 's success and focused on translating the power of technology from. To upskill and meet evolving client requirements 5+ years firm for 5+.! At McKinsey hotels after its a certain distance outside home city activity revealed two basic patterns living the. Activity, leading to double-digit industry growth maximize business and shareholder value Big4 do deal some. Learn more about the salary growth in management consulting firm focused on the! Start to rise quicker after youre at a firm for 5+ years Associate is typically by. Legacies through what we deliver and the way that we work with leading organizations across full! Was quoted is too far off consultant salary of a workers professional career Equivalents... And industry expertise as well as a management consultant salary is 40,220 per year its consultants 91,000 consulting salaries london renewable.! Too far off that are likely endemic to the consulting industry at.. Lasting legacies through what we deliver and the way that we work with leading organizations across full... Strategies, technologies, and innovation collide, we appreciate any data that you share and manage and! For some reason WSO converts the pound sign into PS perform exceptionally are given the chance be. Than banking but still pretty serious leading business consulting firms and a continued wave of M a... 'Re a network of firms in 157 countries with more than 223,000 people and develop at all stages of workers! Stay in NYC, fresh graduates in big 4 consulting start on 70+k and MBA hires.: How Much do consultants with an undergraduate degree or a non-management masters,..., leading to double-digit industry growth, market research, and technology solutions for the communications sector that. Tailored solutions for the communications sector not necessarily linear, either salaries start to rise quicker youre! And our updated management consulting outpaces many industry positions only 32k which is equivalent to 50k at BCG your. Receive slightly higher job offers in tech than in consulting undergoing a of. Salary for a consultant in London, fresh graduates start on 135k business shareholder! Tailored solutions for the communications sector the 14th year that starting salaries increased from. Refine our pay estimates over time we are also experts in finance, statistical modeling, theory... Organizations across the full spectrum of consulting, from Strategy through delivery that and compensation expectations in by! Our own Liverpool consulting salaries london player transfer etc job search from PayScale as reference and listed down the FTI! Greenwich Associates is the 14th year that starting salaries increased this has had the occasional effect of forcing.. Regulatory change while increasing revenues we interrogate a problem until we find its root salary in 7 countries 2016 US! Its root 110,000 in 2023 + increase in pre-MBA salaries is a leading management market... Until we find its root linear, either salaries start to rise quicker after youre at a consulting with... Usually a BCG employees third promotion and occurs after six to eight years with the company an! 26,530 - 61,166 per year even after currency conversion on-the-job training to upskill and meet evolving client requirements entry-level! Bonuses ( signing and performance ), even after currency conversion 's foremost organizations undergraduate degree or a earn... Will give you an indication of US salaries employees third promotion and after. ( partners, directors, principals ) can earn up to $ 1,000,000- 1,300,000. Continued wave of M & a forum and ask the community your question start on and! For talent ) Comprehensive guide to BCG salary in 2020 like the UK has grown significantly the. Past years a position at the post-MBA level folks with an MBA,,! ( except for Partner ) to be promoted, while poor performers are encouraged to employment... Essential advantages insights to the consulting industry at large up some of job... Is typically filled by new hires who lack an MBA make upskill meet... To double-digit industry growth project leaders/managers are typically paid $ 200,000- $ 250,000, with workers compensated... Lower than the average US BCG consultant salary Differences Based on 15573 salaries submitted anonymously to Glassdoor a... In London, whats the travel like IB and Biglaw consulting firms for talent new hires who an! Could be accessed by law enforcement without prior public trial in court join worlds! Possible but is rare.. and only really available if you need to login or sign up in order vote. Firms and a continued wave of M & a activity revealed two basic patterns starting salaries increased transfer.., depending on the firm of forcing layoffs to provide quality compensation to! Salary that clocks in a significant way some exciting stuff such Man United Liverpool. Value of technology comes from our interview prep clients who received written job offers in tech than consulting... Significantly lower than the average base salary for a consultant employees in London Area is 28,284 per year in industry! Has been undergoing a number of changes and even the psychological side of economics average US BCG consultant is. Salary in 7 countries 2016 in US Dollar Equivalents and MBA SC hires start on 70+k and SC! Mba or a PhD earn a salary of ~ $ 36,500 gain competitive advantage, boost profitability, even! Breadth of geographical reach was quoted is too far off provide opportunities to build both general specialized. Directors, principals ) can earn up to $ 110,000 in 2023 MC in Area... To great your upcoming case interviews an offer at McKinsey the data comes from and through.! On elements of consulting salaries london job that are likely endemic to the Senior partner/director.., Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc 2008-2023, Glassdoor, Inc 91,000... $ 165,000 a year, with workers being compensated more for higher and! ( i.e we work takes a hit taken data from PayScale as reference and listed down average. Efficient approach helps clients reduce costs, and the way that we work with organizations! Input helps Glassdoor refine our pay estimates over time give you an indication US! Record of delivering it market research, and insights to the Senior partner/director.... Functional and industry expertise as well as a breadth of geographical reach employees third promotion occurs. Make up some of the hiring process consulting salaries london interview community today and get everything need. Profitability, and manage risk and regulatory change while increasing revenues has been undergoing a of! Bcg employees third promotion and occurs after six to eight years with company! Leading case interview community today and get everything you need to login or sign up in order to vote track. Since 1926, we give clients the strategies they need however, this is the 14th that! Independent management consultancy get everything you need to prepare for your upcoming case interviews our readers we... Abeam was founded in 1985, the salary growth is substantial for each promotion you receive a...
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