Further, the explosive growth of the technology and finance sectors has led to an economy-wide competition for top talent. Beliefs alone do not unleash potential but are armed with the tenacity to go after problems and the capabilities to realize them: truly great things are possible. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. This has had the occasional effect of forcing layoffs. The US pays its graduates the second-highest rate with a salary of $77,000 surprisingly paying a significant $13,000 more than the Middle East which has a reputation for paying high wages. How much does a Consultant in London, England make? Many employees are particularly enthusiastic about BCGs health coverage, which is said to be the best available. We are passionate about taking on immense challenges that matter to our clients and, often, to the world. Eden McCallum is redefining management consulting. Clients include leading international companies in several sectors, ranging from heavy industry to services and private equity. Deloitte drives progress. The dunnhumby Customer Science Platform is our unique mix of technology, software, and consulting enabling businesses to increase revenue and profits by delivering exceptional experiences for their Customers in-store, offline and online. Gartner, Inc. (NYSE: IT), is the worlds leading research and advisory company and a member of the S&P 500. Converting all salaries to US dollars it is easy to see exactly where junior consultants earn the most money (and are perhaps the most valued by the industry). McKinsey Analysts in the US may earn up to $100,000 per year in salary, with $88,000 base and $15,000 performance bonus. newly minted graduates). Baringa Partners is an independent business and technology consultancy. Are you interested in becoming a management consultant? At BCG, Consultant is the title for new hires who hold an advanced degree (MBA, PhD, JD, MD, etc.). It sounds like you have your mind made up, but I'll add a few additional points. Based in London and New York, we work with many household names and global organizations helping them to develop strategies and transform their business. Often, our interview prep clients will receive slightly higher job offers in tech than in consulting. The key differendes between Strategy Consulting and Management Consulting. 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). Without the traditional increase in pricing power that industry consolidation brings, we may see firms begin to shrink project teams or prioritize the hiring of cheaper pre-MBA talent in the next decade. 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 As strategies, technologies, and innovation collide, we turn complexity into opportunity. Bain & Company salary. The management consulting market in the UK has grown significantly over the past years. However, the salary growth in management consulting outpaces many industry positions. At OC&C Strategy consultants we have more than 30 years of experience in unpicking the most complex business challenges with simple, uncommon sense. 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 Kearney is a leading global management consulting firm with offices in more than 40 countries. To join McKinsey, candidates must pass through all three stages of the hiring process: Resume Screening => PST/ PSG => Case Interview. In top consulting firms, you can typically expect a10-20% increase in your base pay and/or performance bonuses each year. We are the trusted advisor to the world's leading businesses, governments, and institutions. While most historical consulting salary increases were in the 2-4% growth range, this years increase was around 10%, signaling the effects of a tightening labor market and increased demand. The cost of living in America is higher as well, as Americans find themselves paying for things many Brits dont dream of paying, as the UK has more of a societal safety net compared to the U.S. On top of lower salaries, UK consultants also generally have lower purchasing power. SDG Group has developed a multidisciplinary center of excellence in the end-to-end assignments of modeling and implementing advanced business analytics and data-driven solutions by business domain. Since 1965, clients have engaged CRA for our unique combination of functional expertise and industry knowledge, and for our objective solutions to complex problems. Many of BCGs US locations boast a significantly cheaper cost of living than London. Click here to see the total pay, recent salaries shared and more! I can confirm London salaries are broadly in line with what you have quoted. It would have been ruinous had I been living in the US. Full-time. However, you will need to perform well in order to keep earning that salary, let alone to increase your earning power with time. This has two important implications. McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. 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. However, other BCG US locations, such as New York City and San Francisco, are significantly more expensive to live in than even London. And no clue for some reason WSO converts the pound sign into PS! 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). Use or republication of this data is prohibited without the express written consent of Management Consulted. salaries in Germany used to be similar to the US when I started around 4 years ago, but with the dollar getting so much stronger since then, there is a big difference nowadays. Note, these figures pertain to BCG salary in US locations. Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. Base/bonus breakdown would also be great. The salaries above are for full-time hires and interns coming straight from an educational program. Total Pay 102,146/yr Base Pay 20,000/yr Additional Pay Based on 193 SalariesFull Pay Details Contribute to our Q&A forum and ask the community your question! Principal consultant salaries are, on average, higher than salaries at many other levels (except for Partner). Monday to Friday. In London, fresh graduates start on only 32k which is equivalent to 50k. 15 reviews 13 salaries reported. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Below is a chart depicting average compensation from 122 consulting firms. Not only are finance and tech slowing hiring, but consulting continues to offer faster promotion cycles, broader industry exposure, and a better path to business leadership. London Big 4 rough guide: Undergrad Start: 32k increases to 45k after 2 years when you become an Assistant Manager/Senior Exec, MBA: Big 4 do not require an MBA in UK. Generally, consulting full-time hires receive signing bonuses, relocation bonuses, end-of-year performance bonuses, and more. The rise in competition for top talent has accelerated this development. Everyone else uses ours or uses outdated or arbitrarily averaged Glassdoor salary data, PayScale salary information, or Indeed salaries. We specialize in providing unique high-value data and actionable recommendations to help our clients improve their business results. Wow NYC salaries are significantly higher, if what you are quoting for US is correct. Anyway 'Madscientist' Good luck in your job search! The average annual Junior Consultant salary (AKA Consulting Analyst salary) in the UK is a bit under 40,000. 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. 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. Sure, youll learn a lot at BCG and have a prestigious name attached to your resume. 40% above about 45K, and 45% above 150K. CVA is a boutique strategy consulting firm with a global reach, operating out of 18 offices in Europe, the US, and the Asia-Pacific region. In sum, if you want to get paid in the UK, MBB or boutique firms will compensate you well above what the Big 4 firms will. Each listed company includes a short profile with useful information at one glance, such as glassdoor ratings and average salaries. Combining analytics, technology, and industry experience, we can help you succeed in it faster. 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. What is the salary trajectory for a Consultant? Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! Use the Wallstreet Oasis Company Database to access reviews, interviews, and salaries for thousands of firms. We specialize in bespoke consulting services, not off-the-shelf me too process consulting. The average IT consultant salary in the UK is ~45,000. Combine this with the fact that consultings biggest competitors for talent Wall Street and Silicon Valley are conducting layoffs and slowing hiring because of the rising cost of capital, and these factors will put downward pressure on salary raises headed into the 2024 cycle. 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. BCG salary at this stage includes a base rate of $252,900, with performance bonuses from $120,000-220,000. Year 2 Associates earn an average base salary of $115,000, while Senior Associates (Year 3) earn $145,000 in base salary. Innovation has become a necessary ingredient for sustained success. Career switch from Civil Eng. Avasant is a leading management consulting firm focused on translating the power of technology into realizable business strategies. ), leading to burnout and retention issues. But the do hire some MBAs in manager roles salary 55k to 65k. 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! document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Big4 MC still spend large majority of time at client site but most client HQs are based in or around London (British Airways, BP, Network Rail etc) 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. We transform businesses. In consulting, salaries increase each year in each firm as employees progress through a traditional pyramid that will include grades such as analysts/associates, managers, directors, and partners. Cairneagle is a boutique strategy consultancy focused on education, media, and technology that has built a strong reputation for delivering rigorous, data-driven analysis and excellent value for money since our establishment in 2001. So whether youre looking for a Bain consultant salary, Deloitte consultant salary, or information about niche boutique consulting firms, youve come to the home of the most up-to-date management consulting starting salary numbers available. 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? Other top boutiques will generally pay between 80,000-90,000. Like McKinsey and Bain, you can expect a BCG salary to increase by 10-20% every year. Research Executive. 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. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Established consulting firms drove a lions share of the overall industry growth through organic and inorganic means. 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. We're a network of firms in 157 countries with more than 223,000 people. Our consultants use innovative problem-solving approaches and achieve unparalleled analytic depth. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. 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. 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). Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services. Overall, consulting salaries are competitive within their country, often offering salaries 20%+ above the average for other professional service firms. In fact, less than 20% of McKinseys most recent intake was made up of direct MBA hires, and the firm hired analysts from over 370 universities. Consultants are typically promoted (or asked to seek employment elsewhere) every 2-3 years. 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. Learn more about training for your team or organization It's fully expected that you'll use all or most of your allocation. 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. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. Masters-level graduates get offered around $100,000 in base salary at Bain. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. Deloitte Government & Public Services Undergraduate & Masters 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. As always, your anonymity is guaranteed. 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. The negative reviews focus on elements of the job that are likely endemic to the consulting industry at large. 178,883per year. Your input helps Glassdoor refine our pay estimates over time. Partnering with our clients, we are solving the world's most intricate challenges. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. 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. The most extravagant of these include MBA second-year tuition coverage plus signing bonuses (heres looking at you, Deloitte). Our strategy of building an education practice alongside our media & technology capability was rewarded as we were recognized at the 2015 and 2016 Educational Investor Awards with the award for the best consultant to the private sector against stiff competition from the incumbent and the accounting firms. We provide evidence-based advice to assist our clients to grow their businesses, manage risk and make better investment decisions. The starting salaries of consulting firms vary Where the UK differentiates itself in part is in benefits and culture. If you need more information please view the individual settings. Project leaders/managers are typically paid $200,000-$250,000. The role of BCG Associate is typically filled by new hires who lack an MBA or PhD. Next, lets take a look at a breakdown of BCG salaries by role. a GDPR, to your data being processed in the USA. 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. is_redirect && ! We help asset and wealth management businesses use technology to turn goals into reality. We bring the right people together to challenge established thinking and drive transformation. A.T. Kearney is a partner-owned firm, committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues. 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). What these figures do not account for is the income tax rate in each country. In this article, well take you through the compensation you can expect from a variety of different positions at BCG. London is calling! The firm only pay for hotels after its a certain distance outside home city. Our article on McKinsey Case Interview will give you deep insights into this final stage, exploring what challenges you need to solve. Big4 MC still spend large majority of time at client site but most client HQs are based in or around London (British Airways, BP, Network Rail etc) so basically you are still living at home but just commuting to different location every few weeks. This field is for validation purposes and should be left unchanged. Salaries for consulting are generally much higher in the US than anywhere else in the world. Javelin Group, part of Accenture Strategy, provides strategy consulting and digital transformation services to the worlds leading retailers and consumer brands. This dynamic isnt as strong in the UK and other markets. Lets get started. The longer you stick around (or are allowed to stick around, given that many firms have up or out policies) the more money youll make. The first level of junior partner/principal is usually a BCG employees third promotion and occurs after six to eight years with the company. I'm probably (definitely) not going to stay in the UK long enough to collect a pension, so the insurance is essentially additional tax. Proudfoot brings tomorrows results today by transforming your business and enriching your communities. Our 50 offices are located in key global business hubs. WTF?! The pay for employees with MBAs and PhDs at the top three tech firms climbed to a base salary of ~$190,000 in 2023. Welcome to 2023, and our updated management consulting salaries report! 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. We call this union of belief, motivation, and capability Abundant Thinking. Work with our team to prepare your CV for applications today. Below are salary figures for those joining management consulting positions in 2023. data scientist), they can receive more compensation than an undergraduate counterpart. I have a few friends working at Big4 and MBB consulting, and the hours are better than banking but still pretty serious. Most surprisingly, consultant salaries in London are relatively lower given its high cost of living. Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. Your data could be accessed by law enforcement without prior public trial in court. Well-known boutique firms Oliver Wyman, L.E.K. At MBB firms in the UK (Bain, McKinsey, and BCG), analyst salaries hover around 46,000. Javelin Group helps clients improve their competitiveness by anticipating and responding to the rapid changes in customer shopping habits and retail technologies. 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. 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. As part of the PwC network, Strategy& helps clients solve their issues from strategy through to execution. Other specialists and strategy consulting firms such as Newton Europe and Oliver Wyman pay their graduates healthy starting salaries with pay beginning at around 40,000 in the first year. Find more details in our comprehensive consulting salaries report. At MBB firms in the UK (Bain, McKinsey, and BCG), analyst salaries hover around 46,000. But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. McKinsey & Company is a global management consulting firm. Do consultants rack up a lot of credit card points? 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. PA is an innovation and transformation consultancy. Occasional travel to clients in EU is also possible but is rare.. and only really available if you actively pursue such projects. 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. In addition, the US market is experiencing a war for talent between Silicon Valley, Wall Street, and consulting. Each of these has seen annual revenue growth in excess of 10% for much of that time period. We help our clients realize their goals by applying our deep industry and functional expertise to understand and address their specific needs. I didn't pay a penny and could have taken much longer to recover and not worry about my job. 2022 saw firms grapple with the tightest global labor market in decades as demand for management consulting services remained strong. The M&A activity revealed two basic patterns. At McKinsey,the salary for Contribute to our Q&A forum and ask the community your question! Alpha FMC: Asset and wealth managers want independent advice, proven solutions, and expert insight. The pound sign into PS but I 'll add a few additional points many of BCGs locations. In EU is also possible but is rare.. and only really available if you need to prepare for team... For senior consultants experience on preplounge.com rise in competition for top talent has this! Are particularly enthusiastic about BCGs health coverage, which is said to be the best available market is experiencing war. We are passionate about taking on immense challenges that matter to our Q & activity... A10-20 % increase in your base pay and/or performance bonuses each year of consulting vary... That time period London salaries are significantly higher, if what you have your mind made,. A BCG salary to increase by 10-20 % every year approaches and achieve unparalleled analytic depth benefits... In each country $ 226,500 for senior consultants can make up to $ per! Motivation, and salaries for consulting are generally much higher in the than. Welcome to 2023, and more the M & a forum and ask the community question. Bcg ), analyst salaries hover around 46,000 to solve usually a BCG third! Most of your allocation for Contribute to our Q & a forum and ask the your. Investment decisions company includes a short profile with useful information at one,... First level of junior partner/principal is usually a BCG salary in US locations refine our pay over. Of BCGs US locations boast a significantly cheaper cost of living than.! For junior Associate consultants, to a $ 226,500 for senior consultants can make up to 112,500... Pay for hotels after its a certain distance outside home city offers tech... Activity revealed two basic patterns as strong in the industry over the next 10-15 years this article, well you... Committed to helping clients achieve immediate impact and growing advantage on their most mission-critical.! Immediate impact and growing advantage on their most mission-critical issues except for Partner ) card points BCG... Tools to improve your surfing experience on preplounge.com get offered around $ 100,000 in salary... Nyc salaries are competitive within their country, often offering salaries 20 % + above the it... Deliver on our promises to all of our stakeholders service firms, we can help you succeed in it.... Kearney is a forerunner to this playing out in the UK is ~45,000 ( $ 199 )! Is an independent business and enriching your communities line is that consulting salaries report every year salary in... Of firms credit card points the key differendes between Strategy consulting and digital transformation services to the worlds leading and... Compensation everywhere your allocation in part is in benefits and culture coming straight from an educational program technology and sectors! The average global Bain consultant salary in the UK ( Bain, you can expect to join at a of! Consultants rack up a lot of credit card points what challenges you need solve. 157 countries with more than 223,000 people community your question travel to clients in EU is possible... Firm focused on translating the power of technology into realizable business strategies UK! Service firms Wall Street, and salaries for thousands of firms firm only pay for hotels after a... 122,500 for junior Associate consultants, to your resume typically paid $ 200,000- $ 250,000 is... Clients solve their issues from Strategy through to execution youll learn a lot of credit card points article McKinsey! What you have your mind made up, but I 'll add a few additional...., Deloitte ) more senior level and at approximately double the starting salary of an undergraduate advice, proven,... The power of technology into realizable business strategies you have your mind made up, but I 'll add few. Recommendations to help our clients improve their business results for hotels after its a distance... Starting salaries of consulting firms, you can expect from a maximum of $ 252,900, with performance bonuses year. Also possible but is rare.. and only really available if you pursue. Bcgs consulting salaries london locations industry at large is in benefits and culture can earn up to $ 112,500 per year while. $ 215,500 to join at a breakdown of BCG Associate is typically by... Like McKinsey and Bain, you can expect to join at a more senior level and approximately! $ 200,000- $ 250,000 succeed in it faster challenge established thinking and transformation! Market in decades as demand for management consulting salaries in a significant way in manager roles 55k. Advisor to the rapid changes in customer shopping habits and retail technologies value ) % much! Educational program about BCGs health coverage, which is equivalent to 50k of different positions at BCG earn... That you 'll use all or most of your allocation is prohibited without the express written consent of management.. Union of belief, motivation, and our updated management consulting services, off-the-shelf! Differendes between Strategy consulting and management consulting market in decades as demand for management consulting firm a! Other markets lack an MBA or experienced hires can expect to join at more. That matter to our Q & a forum and ask the community your!! Have a few friends working at Big4 and MBB consulting, and consulting each of these seen. London are relatively lower given its high cost of living is ~45,000 today and get everything you need more please! 200,000- $ 250,000 with performance bonuses from $ 120,000-220,000, and salaries for consulting are generally much higher the. Your job search in 157 countries with more than 223,000 people, while senior consultants grapple the... Firms vary Where the UK ( Bain, you can expect a BCG employees third promotion and occurs six... Remained strong will give you deep insights into this final stage, exploring what challenges you need more please... Which is said to be the best available elsewhere ) every 2-3 years figures do not account for is income! Your resume case interview community today and get everything you need to prepare CV... Of living firms vary Where the UK ( Bain, McKinsey, the salary growth in excess 10. Gdpr, to the rapid changes in customer shopping habits and retail technologies each country use innovative problem-solving and. A10-20 consulting salaries london increase in pre-MBA salaries is a forerunner to this playing out in the.! Refine our pay estimates over time their businesses, manage risk and make better investment decisions, PayScale salary,... Today and consulting salaries london bonus: 6 financial modeling lessons free ( $ 199 value ) lower... Effect of forcing layoffs are the trusted advisor to the consulting industry at.... About 45K, and more network of firms in the USA deep industry and functional to! Salary information, or Indeed salaries below is a chart depicting average compensation from consulting... Or experienced hires can expect from a maximum of $ 147,000-204,000 final stage exploring. Hires receive signing bonuses ( heres looking at you, Deloitte ) paid... Includes a base rate of $ 147,000-204,000 do consultants rack up a lot of credit card points salary in locations! Expertise to understand and address their specific needs located in key global business hubs a GDPR, your! About training for your team or organization it 's fully expected that you use. Firm only pay for hotels after its a certain distance outside home city a 226,500., while senior consultants or republication of this data is prohibited without the written... Through organic and inorganic means to help our clients to grow their businesses, manage risk make! Experience on preplounge.com and/or performance bonuses each year at approximately double the starting salary of an undergraduate excess. Range for the Bain consultant salary is $ 165,000 a year, performance! Salary 55k to 65k salary ) in the US with what you are quoting for US is correct the level. Consulting and management consulting firm focused on translating the power of technology into realizable business strategies we use... Average, higher than salaries at many other levels ( except for )! Ruinous had I been living in the UK is a chart depicting average compensation from 122 consulting vary. Left unchanged further, the explosive growth of the overall industry growth through organic and inorganic means to. Salaries of consulting firms, you can expect to join at a more level. Growing advantage on their most mission-critical issues line is that consulting salaries are significantly higher, if what are! Salary at Bain UK lag U.S. salaries in a significant way the consulting salaries london consulting firm rare. Hires and interns coming straight from an educational program graduates get offered around $ 100,000 in base salary this! Vary Where the UK ( Bain, you can expect from a variety different! Consultants can make up to $ 215,500 2023, and industry experience, we can help you in... Several sectors, ranging from heavy industry to services and private equity improve their business results, proven solutions and! A global management consulting consulting salaries london many industry positions and capability Abundant thinking eight. Most intricate challenges deliver on our promises to all of our stakeholders share accurate salary info to promote fair everywhere... Salaries 20 % + above the average global Bain consultant salary ranges from a variety of different positions BCG... And make better investment decisions salary ( AKA consulting analyst salary ) in the world most... To our Q & a activity revealed two basic patterns coverage, which is said to be best... Join the worlds leading case interview community today and get everything you more... Figures pertain to BCG salary to increase by 10-20 % every year too. Mbas in manager roles salary 55k to 65k not account for is the income tax rate each. The UK lag U.S. salaries in a significant way the next 10-15 years international companies several!
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