Typically, McKinsey, Bain and BCG consultants have stronger salary progression within consulting, while alumni from other Management consultancies tend to have better salary prospects in industry in the long term. 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. At Boston Consulting Group Limited, which only employs 100 people and mostly represents the Digital Ventures arm of BCG in the UK, pay is typically higher. The average Boston Consulting Group salary ranges from approximately $43,740 per year for Administrative Assistant to $69,360 per year for Business Development Manager. The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. Associates (fresh MBA hire) earn a $125,000 salary + $20,000 signing bonus + performance bonus of up to $40,000 + … Salaries posted anonymously by Boston Consulting Group employees in Amsterdam, Netherlands Area. BCG salary progression I got an offer in Paris for one of the top 3 strategic consulting firms - 100.000 EU for a consulting role. DAS ORIGINAL: BCG ist die weltweit führende Strategieberatung. Among the MBB firms, Bain increased its base salary last year by $5K to $90K to bring it on a par with BCG. BCG Consultant Salary (2016) BCG Consultant yearly salary in the US can be up to $215,500, with $165,000 from base, $41,500 from bonuses and $9,000 from profit sharing. Here's how much you'll make at McKinsey, Bain and BCG in the U.S. How Millennials in consulting jobs handle 60 hour work weeks, How to get a job at McKinsey & Co: learn this programming language, These are the jobs banks will definitely be hiring for in 2021, Barclays hired a new automotive researcher and an HSBC MD migrated to Bain, BlueCrest hired a junior rates trader from JPMorgan. Check out this post to get your consulting career path questions answered. Project Leaders earn approximately $250,000. MBA Salaries (and Experienced Consultants) For candidates being hired with experience or directly from MBA programs, the starting salary is more competitive. by At Bain, they have a similar tiering: junior partners are called "Operational VPs" and senior partners are "Directors." Contacts. Now that you’ve been given a target for what you could take home as a senior consultant, you’re likely wondering “what next”? Box 87597 Amsterdam 1080 JN Netherlands. 64 of the additions were consultants with the rest being admin staff. Managing Director & Senior Partner. Amsterdam. On average, therefore BCG earn eight times more than the rank and file. Have a confidential story, tip, or comment you’d like to share? For example, salaries for a freshly minted MBA might be slightly different from McKinsey to Bain to BCG to Deloitte. There was an error with your request. BCG Project Leader Salary. In other developed countries, the figure fluctuates from $110,000 to $150,000 (profit sharing not included). ), Get the latest career advice and insight from eFinancialCareers straight to your inbox, Please click the verification link in your email to activate your newsletter subscription. Understanding the differences can be really difficult. Cash bonuses and profit sharing make up the additional pay. Höchstleistungen, für die es gute Gründe gibt: Respekt, Vertrauen und Identifikation mit der eigenen Arbeit. WWW.MOVEMEON.COM INFO@MOVEMEON.COM 08 View Map. BCG Principal Salary in 7 countries – 2016 – in US Dollar Equivalents. And for a senior partner we are looking at a salary of up to $5m+ Base: $500k - $650k; Bonus: $550k - $4.5m+ Disgraced ex-McKinsey partner Ragat Gupta’s annual salary was estimated at $5 - $10m USD prior to his conviction in 2012 on insider trading charges. Amsterdam. Partners often earn over $1,000,000. Contact: sbutcher@efinancialcareers.com in the first instance. And how high is your salary going to be if you stick out the consulting lifestyle long enough to actually make partner? Join us, and you can too. The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. This is comparatively high compared to graduate salaries in most other fields. BCG Associate Salary in 12 countries – 2016 – in US Dollar Equivalents, (Profit Sharing not counted in this table due to inconsistent data; one-time/irregular payments such as signing bonus and relocation are not included). I hope this helps. Partners at McKinsey, BCG or Bain consistently make between $500K and $5M annually. Salaries posted anonymously by Boston Consulting Group employees. The average Boston Consulting Group salary ranges from approximately $43,740 per year for Administrative Assistant to $69,360 per year for Business Development Manager. We believe in the power of human potential and our growth is driven by exceptional talent. Let's start with entry points. No more is this more obvious than Dubai, a city that ranks ninth in the world for career progression amongst expats. There are four general entry points into consulting: after graduating undergraduate, after graduating from a graduate program, transitioning from industry and joining as a senior industry hire. Boston Consulting Group Salaries trends. While entry-level roles pay USD ~100k for graduates, employees hired straight from their MBA or Ph.D. graduation can expect between USD 150 to 180k, similar to early experienced highers. Bain & Company MBA & PhD Full-Time Hires. Amsterdam. For a given role, McKinsey, BCG, Bain and their counterparts (MBB+) pay about 20% more than PwC, KPMG, EY, Deloitte and similar firms (BIG4+). Some of it may be dated or off the mark. Sarah Butcher Base salary. Disclaimer: Much of this data is anecdotal and not really based on a thorough academic style survey. We referred to some popular sites like Management Consulted, Quora etc to collate this data. Eventually it will – unless it’s offensive or libelous (in which case it won’t. Bain, BCG, and McKinsey Consulting Salaries. Consulting is not your typical 9-to-5 job. Last year, this amounted to an average of £944k per head. Use it to get a general idea of the numbers. Base: $165,000 (UK: £90,000) (Switzerland: CHF 286,000) Performance Bonus: up to $41,250 (UK: up to £20,000) Total Cash: up to $206,250. If you are overcoming hardships, we wanna help! In BCG the structure looks like this (bottom-up): 1. While everyone generally just says "Partner" all of these firms have multiple tiers of Partners and these types tend to have different fixed, base salaries. At the end of 2019, MBB firms bumped up their base salaries for business school and PhD … You can expect the salary progression of the top 3 firms to look similar to the chart below. The names are just different. Bain & Company Manager Salary. Each of the big three offer new undergrad hires a $5k signing bonus. The consulting lifestyle can be hard, but it seems to be worth it if you keep going. T +31 20 548 4000. While entry-level roles pay USD ~100k for graduates, employees hired straight from their MBA or Ph.D. graduation can expect between USD 150 to 180k, similar to early experienced highers. Understanding the consulting industry, and career progression, can be really difficult. Our career progression is globally align with the rest of BCG. Recruiting Manager. There are junior partners and senior partners. BGC Gamma is a virtual office within BCG. According to TheCaseInterview: Business analysts (fresh out of undergrad hire) earn a $75,000 salary + $5,000 signing bonus + $5,000 relocation allowance. I don’t know any detail about McK Digital but I have a fairly good view of what BCG Gamma is: I am a data scientist there. BCG Consultant Salary in 7 countries – 2016 – in US Dollar Equivalents. The average salary for The Boston Consulting Group, Inc. employees is $83,245 per year. ... Base salary: $65,000 - $80,000. Stephanie ter Stege. These top three firms only hire the most competitive candidates from the … While the ranges are tightly clustered, historically BCG has paid around $10K per year more than peer firms such as Bain and McKinsey. This guide will show you exactly where you fit into the Big 4 salary structure. Comprehensive guide to BCG Salary in 2020! Sometimes compensation and promotion timings may differ a bit, but not significantly. © 2020 Management Consulting Prep | Intelectual Property protected by DMCA, Base: $90,000 (UK: £71,000, India: ₹1,600,000), Performance Bonus: up to $18,000 (UK: £6,000, ₹300,000), Retirement: Profit-sharing deposited into 401k account, Base: $165,000 (UK: £90,000) (Australia: A$160,000) (China: ¥700,000), Performance Bonus: up to $41,500 (UK: up to £25,000) (Australia: up to A$61,500)(China: ¥260,000), Profit Sharing: up to $9,000 (China: up to ¥200,000), Retirement:$10,000 into 401k (UK: up to 9% match) (Australia: A$16,000), Signing Bonus: $30,000 (UK: £15,000) (Australia: up to A$40,000), Relocation: $2,000-8,000 (Australia: up to A$7,500). BCG Project Leader Salary in 12 countries – 2016 – in US Dollar Equivalents. Marketing Coordinator. Bain Salary. In BCG, McK and Bain the ladder is the same. There is a partner track at Gamma. A free inside look at Boston Consulting Group salary trends based on 3470 salaries wages for 443 jobs at Boston Consulting Group. Principals earn approximately $500,000. A free inside look at Boston Consulting Group salary trends based on 307 salaries wages for 81 jobs at Boston Consulting Group. During the year ending March 2020, BCG LLP paid a total of £110m in wages, salaries and pensions to its UK staff - an average of £114k ($147k) per head for the average consultant/administrative employee. McKinsey Business Analyst Salary. The typical career rungs at the Boston Consulting Group (BCG) are as follows: * Associate (~2 years): This is a pre-MBA role, typically hired from top undergraduate colleges. Consulting Salary Progression Throughout Your Career. That’s more than double the salary that a college graduate can earn. 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