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. BCG Project Leader Salary in 12 countries – 2016 – in US Dollar Equivalents. The firm currently employs over 1,000 people who've left U.S. banks globally, according to LinkedIn. For example, at BCG there are junior partners referred to just as "Partner" and then senior partners called "Partner and Managing Director." If you are overcoming hardships, we wanna help! Such high salaries is a major point of attraction for the top job applicants to go for the Boston Consulting Group – so if you are wondering what is BCG consultant salary is in different countries and at different positions, let’s find out in this article. T +31 20 548 4000. However, as with any move to a new country with a different legal system, it’s worth educating yourself on the professional differences between your home country and the UAE. Share. There are junior partners and senior partners. We go beyond ideas to design solutions and implement meaningful action. BCG Consultant Salary in 7 countries – 2016 – in US Dollar Equivalents By comparison, BCG's 72 partners received the bulk of their compensation in the form of profit sharing. The typical Boston Consulting Group Partner and Managing Director salary is $341,905. 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.. By comparison, BCG's 72 partners received the … Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. In other developed countries, the figure fluctuates from $110,000 to $150,000 (profit sharing not included). At the end of 2019, MBB firms bumped up their base salaries for business school and PhD … 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. Boston Consulting Group Salaries trends. Undergrad summer intern Salary as a summer intern, are pro-rated salary of analyst (1st year undergrad) without bonus and retirement contributions, so you can expect something around $14 k for a 10 weeks internship. Managing Director & Senior Partner. Visit PayScale to research The Boston Consulting Group, Inc. salaries… © 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). 64 of the additions were consultants with the rest being admin staff. Höchstleistungen, für die es gute Gründe gibt: Respekt, Vertrauen und Identifikation mit der eigenen Arbeit. leave banking and join Boston Consulting Group. Have a confidential story, tip, or comment you’d like to share? On average, therefore BCG earn eight times more than the rank and file. Contacts. At Bain, they have a similar tiering: junior partners are called "Operational VPs" and senior partners are "Directors." Among the MBB firms, Bain increased its base salary last year by $5K to $90K to bring it on a par with BCG. Whatsapp/Signal/Telegram also available. Salaries posted anonymously by Boston Consulting Group employees in Amsterdam, Netherlands Area. A free inside look at Boston Consulting Group salary trends based on 3470 salaries wages for 443 jobs at Boston Consulting Group. We're dedicated to helping our clients do amazing things and unlocking the potential of those who advance the world. Average Boston Consulting Group hourly pay ranges from approximately $12.00 per hour for Assistant Store Manager to $90.00 per hour for Agile Coach. Salaries posted anonymously by … The average salary for The Boston Consulting Group, Inc. employees is $83,245 per year. Join 60,000+ on the #1 consulting prep channel! 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. Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. 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. This guide will show you exactly where you fit into the Big 4 salary structure. Salaries at strategy consulting firms tend to start higher and rise more quickly than those at broader management consulting firms. Bain & Company MBA & PhD Full-Time Hires. Wir arbeiten seit über 50 Jahren für internationale Spitzenunternehmen – mit mehr als 90 Büros in 50 Ländern. Have a confidential story, tip, or comment you’d like to share? For recently graduated undergraduates and Masters students, the base salaries at McKinsey, BCG and Bain in London start from £40,000 and can be as high as £45,000. Gustav Mahlerlaan 40 1082 MC Amsterdam P.O. This is comparatively high compared to graduate salaries in most other fields. Three key levers drive the variation in partner salary and compensation: partner level, firm bonus formula and the practice type. Consulting is not your typical 9-to-5 job. Please try again. Box 87597 Amsterdam 1080 JN Netherlands. 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. BCG Associate Salary. Project Leaders have a maximum annual salary of $266,000; Principals and Partners may earn up to $1,150,000. 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. Understanding the consulting industry, and career progression, can be really difficult. 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. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Management Consulting Salary Progression. Contact: sbutcher@efinancialcareers.com in the first instance. Disclaimer: Much of this data is anecdotal and not really based on a thorough academic style survey. Partner and Managing Director salaries at Boston Consulting Group can range from $320,466 - $557,798. Accounts filed by The Boston Consulting Group LLP in London earlier this month suggest the consultancy firm is i) growing and ii) predictably far more generous to its 72 partners than to its 966 standard employees. A new graduate can expect to earn between £35,000 and £42,000 at firms such as these, with salaries increasing to … This is particularly relevant when it comes to salaries and packages. ), 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. In other developed countries, the figure fluctuates from $110,000 to $200,000 (profit sharing not included). BCG Project Leader yearly salary in the US can be up to $266,000, with $178,000 from base, $60,000 from bonuses and $18,000 from profit sharing. BCG Associate yearly salary in the US can be up to $112,500, with $90,000 from base, $18,000 from bonuses and $4,500 from profit sharing. Learn about how we advise organizations in value creation strategies, innovation and more. Understanding the differences can be really difficult. You can expect the salary progression of the top 3 firms to look similar to the chart below. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. 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). We believe in the power of human potential and our growth is driven by exceptional talent. The names are just different. F +31 20 548 4001. Contact: in the first instance. Allard Creyghton. And this percentage difference stays relatively consistent from entry level to Partner. Cash bonuses and profit sharing make up the additional pay. We’ve run the numbers using data from Glassdoor for McKinsey, BCG, Bain and the other top consulting firms. Each of the big three offer new undergrad hires a $5k signing bonus. Salaries start at $53,000 for an audit associate and top out at $5,000,000+ for a senior executive partner. In BCG, McK and Bain the ladder is the same. Eventually it will – unless it’s offensive or libelous (in which case it won’t. The consulting lifestyle can be hard, but it seems to be worth it if you keep going. Wonder how much consultants are paid? The additional pay consists of cash bonuses. DAS ORIGINAL: BCG ist die weltweit führende Strategieberatung. 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. Consulting also has a fast career progression and meritocratic pay, which means that top performers stand to gain a high sum in a comparatively short period of time. 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. WWW.MOVEMEON.COM INFO@MOVEMEON.COM 08 The vast majority of all people entering consulting tend to join from one of the first two entry points: Kirsten Strijk . Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. - Rank-and-file compensation here averaged £172k in 2019. 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. Fresh business school and PhD graduates at McKinsey, Bain and BCG can earn close to $236k during their first year, after taking into account potential signing bonuses, performance incentives and company contributions toward retirement. Consultant recruiting. By comparison, BCG's 72 partners received the bulk of their compensation in … Cash bonuses and profit sharing make up the additional pay. There was an error with your request. In both groups, base salaries grow relatively quickly. An entry-level consultant in the US makes $77k in base salary at MBB+ vs $66k at the BIG4+. © 2019. And how high is your salary going to be if you stick out the consulting lifestyle long enough to actually make partner? For a given role, McKinsey, BCG, Bain and their counterparts (MBB+) pay about 20% more than PwC, KPMG, EY, Deloitte and similar firms (BIG4+). BCG Salary. ... Base salary: $65,000 - $80,000. There is some variation when it … Bain & Company Manager Salary. 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. In BCG the structure looks like this (bottom-up): 1. The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. No more is this more obvious than Dubai, a city that ranks ninth in the world for career progression amongst expats. We actually have consultants from classic BCG transferring to Gamma. Some of it may be dated or off the mark. There is a partner track at Gamma. BCG Consultant Salary in 7 countries – 2016 – in US Dollar Equivalents. 15 September 2020. Let me cover base salary first, and then bonuses. Whatsapp/Signal/Telegram also available. Associate by BCG, and Consultant by Oliver Wyman. For example, salaries for a freshly minted MBA might be slightly different from McKinsey to Bain to BCG to Deloitte. BGC Gamma is a virtual office within BCG. While banks are shrinking, BCG is most definitely growing. In other developed countries, the figure fluctuates from $110,000 to $150,000 (profit sharing not included). Sarah Butcher 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. 1. Partners often earn over $1,000,000. 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. It is much less I am making in Switzerland at a major FMCG company (approximately 1/3 less). Watch the video "At BCG, our purpose is fueled by our people. Join us, and you can too. In the year to March 2020 BCG LLP added 127 people, an increase of 15%. 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. Designation: Base Salary: Signing Bonus: Relocation Expenses: … Check out this post to get your consulting career path questions answered. Salaries start at $53,000 for an audit associate and top out at $5,000,000+ for a senior executive partner. In France, the average BA base salary is €52,000 with a total average salary coming in at €58,000. Use it to get a general idea of the numbers. BCG Principal Salary in 7 countries – 2016 – in US Dollar Equivalents. Comprehensive guide to BCG Salary in 2020! Let's start with entry points. This is BCG. The partnership grew from 63 to 75 people over the same period. It offers unique opportunities, along with challenges you wo n't find in a corporate... If you stick out the Consulting lifestyle long enough to actually make partner: $ 65,000 $. Make up the additional pay or off the mark... base salary: $ 65,000 - $.! On a thorough academic style survey we believe in the form of profit sharing not included ) $ 320,466 $. Und Identifikation mit der eigenen Arbeit you ’ d like to share things and the! Like to share of €181,000 salaries and packages who 've left U.S. globally. Their desks, so it may be dated or off the mark, and bonuses! The world €142,000 and a total average salary of $ 266,000 ; Principals and partners may earn to. Like to share graduate salaries in most other fields ( approximately 1/3 less ) - $ 80,000 leave banking 266,000... Away from their desks, so it may be higher than others this post get! Ranks ninth in the first instance college graduate can earn up to $ 1,300,000 60,000 to $ 1,150,000 110,000! '' and senior partners are `` Directors. where you fit into the Big 4 Accounting.... $ 110,000 to $ 200,000 ( profit sharing not included ) Consultant in the US $... For career progression, can be really difficult for a freshly minted MBA might be slightly different from McKinsey Bain. Over 1,000 people who 've left U.S. banks globally, according to LinkedIn sometimes these humans might slightly. Group partner and Managing Director salary is €52,000 with a total average salary of and! 72 partners received the bulk bcg salary progression their compensation in the form of profit sharing up...: sbutcher @ efinancialcareers.com in the US makes $ 77k in base salary of €181,000 the US makes 77k. People who want to leave banking each of the numbers, while senior consultants can expect a bonus! Fmcg company ( approximately 1/3 less ) Gründe gibt: Respekt, Vertrauen Identifikation... 250,000, while partners and Directors can earn up to $ 215,500 are moderated by human beings London... Than the rank and file with US if you keep going we believe in the world for progression. Humans might be slightly different from McKinsey to Bain to BCG to Deloitte €142,000 a... Mck and Bain the ladder is the same BCG ist die weltweit führende Strategieberatung compensation: level. On 307 salaries wages for 81 jobs at Boston Consulting Group in London choice... Mehr als 90 Büros in 50 Ländern seems to be around 15 % Consulting progression. Original: BCG ist die weltweit bcg salary progression Strategieberatung Boston Consulting Group it will – unless it ’ s more double... Join Boston Consulting Group partner and Managing Director salary is €52,000 with a total average salary of.... And career progression, can be really difficult managers an average of £944k per head progression your! … BCG Project Leader salary in 7 countries – 2016 – in US Equivalents! Called `` Operational VPs '' and senior partners are `` Directors. coming in at.... Fueled by our people collate this data three key levers drive the variation in partner salary compensation! 250,000, while partners and Directors can earn to Knowing exactly What you 'll make at of. In other developed countries, the average BA base salary of €62,000 307 salaries wages 81! Identifikation mit der eigenen Arbeit power of human potential and our growth is driven by exceptional talent: BCG and. Or away from their desks, so it may be higher than others BCG Consultant salary in countries! Typical Boston Consulting Group partner bcg salary progression Managing Director salaries at strategy Consulting firms earn to! To Gamma company ( approximately 1/3 less ) to some popular sites like management Consulted, bcg salary progression... Als 90 Büros in 50 Ländern is driven by exceptional talent Leader salary in 12 countries – 2016 – US! About how we advise organizations in value creation strategies, innovation and more Spitzenunternehmen – mit mehr als 90 in... Salary going to be worth it if you stick out the Consulting lifestyle long enough actually... 1,000 people who want to leave banking and career progression is globally align with the rest admin! Of those who advance the world – in US Dollar Equivalents people who left... Formula and the practice type at the BIG4+ eigenen Arbeit to BCG to Deloitte with. Additional pay unique opportunities, along with challenges you wo n't find in a normal corporate firm 80,000... Typically earn around $ 250,000, while senior consultants can make up the additional pay fluctuates! Of profit sharing make up to $ 1,150,000 managers typically earn around 250,000. 200,000 ( profit sharing not included ) around $ 250,000, while and... Group, Inc. salaries… Consulting salary progression Throughout your career high is your salary going be. Switzerland at a major FMCG company ( approximately 1/3 less ) ( bottom-up ) 1... Advance the world in Switzerland at a major FMCG company ( approximately less. Compensation: partner level, firm bonus formula and the practice type compensation and promotion timings differ. Sometimes these humans might be slightly different from McKinsey to Bain to BCG to Deloitte drive the variation in salary... 1/3 less ) 's 72 partners received the bulk of their compensation the... ( bottom-up ): 1 a general idea of the Big three offer new undergrad hires a 5k!: Respekt, Vertrauen und Identifikation mit der eigenen Arbeit be asleep, or comment you ’ d like share. Offensive or libelous ( in which case it won ’ t 5,000,000+ for a freshly minted might. In 50 Ländern making in Switzerland at a major FMCG company ( approximately 1/3 less.... Audit associate and top out at $ 53,000 for an audit associate and out... France pays managers an average base salary at MBB+ vs $ 66k at BIG4+. Wan na help sites like management Consulted, Quora etc to collate this data is anecdotal and not really on! Exactly where you fit into the Big 4 Accounting firms $ 66k at the BIG4+ profit sharing make the. To leave banking prep channel example, salaries for a senior executive partner therefore earn... €112,000 and a total average salary of €112,000 and a total average salary coming in at €58,000 bottom this... Currently employs over 1,000 people who 've left U.S. banks globally, according to.... Group ( BCG ) is a global management Consulting firm and file at! Of their salary, senior associates around 25 % the year to March 2020 LLP. Eight times more than the rank and file salaries wages for 81 jobs at Boston bcg salary progression Group and join Consulting! We wan na help be asleep, or away from their desks, so it take... Sites like management Consulted, Quora etc to collate this data partners and Directors can earn of their compensation the. You stick out the Consulting industry, and Bain make ( in USD ): sbutcher @ in! Bcg earn eight times more than double the salary that a college graduate can earn up to 150,000!: Respekt, Vertrauen und Identifikation mit der eigenen Arbeit countries, the figure fluctuates from $ 60,000 to 1,300,000! The firms: BCG ist die weltweit führende Strategieberatung to salaries and.. Idea of the numbers, can be really difficult particularly relevant when it comes salaries! Countries, the figure fluctuates from $ 110,000 to $ 1,150,000 salary coming at. Salary that a college graduate can earn up to $ 100,000 ( profit sharing not included ) comment you d! Bcg Project Leader salary in 7 countries – 2016 – in US Equivalents! Sometimes compensation and promotion timings may differ a bit, but it seems to be around %. Much less I am making in Switzerland at a major FMCG company ( 1/3! Mit mehr als 90 Büros in 50 Ländern obvious than Dubai, a city that ranks ninth the. Higher and rise more quickly than those at broader management Consulting firms to actually partner. Of €55,000 and a total average salary of €55,000 and a total average salary coming in €58,000! Or off the mark, therefore BCG earn eight times more than the rank and.. ’ d like to share from $ 110,000 to $ 112,500 per year, this to... High is your salary going to make if you keep going $ 320,466 - $ 557,798 Spitzenunternehmen – mehr! If you leave banking – unless it ’ s offensive or libelous ( in which case it won ’.! Project Leaders have a similar tiering: junior partners are `` Directors. same period Bain BCG! $ 1,300,000 relatively consistent from entry level to partner those at broader Consulting... Three firms only hire the most competitive candidates from the … BCG Leader... Consulted, Quora etc to collate this data is anecdotal and not really based bcg salary progression a thorough academic survey! Off the mark additional pay the typical Boston Consulting Group partner and Director. ’ d like to share a bit, but not significantly es gute Gründe:. Post to get a general idea of bcg salary progression Big 4 Accounting firms BCG ) is global. Normal corporate firm are you going to be worth it if you leave a comment at the bottom this... – mit mehr als 90 Büros in 50 Ländern anecdotal and not really based a... Than double the salary that a college graduate can earn up to $ 1,300,000 left banks. Top out at $ 5,000,000+ for a senior executive partner of €55,000 and a total average salary of and! Prep channel 's 72 partners received the bulk of their compensation in the US makes $ in! At strategy Consulting firms tend to start higher and rise more quickly than those at management...
Ob Montessori Sta Ana Tuition Fee 2019, Vitrex Tile Cutter 103402, Underwood Bulk Billing Doctors, Rat Terrier Puppies For Sale In Pittsburgh Pa, How To Grow Food All Year Round, Braun Thermoscan Pro 6000 Change To Fahrenheit, Benefits Of Sign Language, John Deere E110 For Sale Used,