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Salaries start at $53,000 for an audit associate and top out at $5,000,000+ for a senior executive partner. Partners at McKinsey, BCG or Bain consistently make between $500K and $5M annually. Base salary. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. The additional pay consists of cash bonuses. How much do consultants at McKinsey, BCG, and Bain make (in USD)? 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. That’s more than double the salary that a college graduate can earn. The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. There was an error with your request. 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. Principals earn approximately $500,000. Salaries posted anonymously by Boston Consulting Group employees. Comprehensive guide to BCG Salary in 2020! 64 of the additions were consultants with the rest being admin staff. You can expect the salary progression of the top 3 firms to look similar to the chart below. Alumni. This guide will show you exactly where you fit into the Big 4 salary structure. Cash bonuses and profit sharing make up the additional pay. Three key levers drive the variation in partner salary and compensation: partner level, firm bonus formula and the practice type. We believe in the power of human potential and our growth is driven by exceptional talent. Boston Consulting Group (BCG) is a global management consulting firm. Eventually it will – unless it’s offensive or libelous (in which case it won’t. These top three firms only hire the most competitive candidates from the … Bain, BCG, and McKinsey Consulting Salaries. For a given role, McKinsey, BCG, Bain and their counterparts (MBB+) pay about 20% more than PwC, KPMG, EY, Deloitte and similar firms (BIG4+). Bain & Company Manager Salary. 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. Learn about how we advise organizations in value creation strategies, innovation and more. While the ranges are tightly clustered, historically BCG has paid around $10K per year more than peer firms such as Bain and McKinsey. Have a confidential story, tip, or comment you’d like to share? There is some variation when it … Salaries posted anonymously by … BCG in France pays managers an average base salary of €142,000 and a total average salary of €181,000. View Map. Wir arbeiten seit über 50 Jahren für internationale Spitzenunternehmen – mit mehr als 90 Büros in 50 Ländern. McKinsey remains the laggard on $87,000 despite increasing base pay by $2K. 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. BCG Principal Salary in 7 countries – 2016 – in US Dollar Equivalents. by Intern salaries are usually pro-rated. Disclaimer: Much of this data is anecdotal and not really based on a thorough academic style survey. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. 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. While banks are shrinking, BCG is most definitely growing. Last year, this amounted to an average of £944k per head. ... Base salary: $65,000 - $80,000. Salaries posted anonymously by Boston Consulting Group employees in Amsterdam, Netherlands Area. And this percentage difference stays relatively consistent from entry level to Partner. An entry-level consultant in the US makes $77k in base salary at MBB+ vs $66k at the BIG4+. Among the MBB firms, Bain increased its base salary last year by $5K to $90K to bring it on a par with BCG. It is much less I am making in Switzerland at a major FMCG company (approximately 1/3 less). 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). Amsterdam. There are junior partners and senior partners. Box 87597 Amsterdam 1080 JN Netherlands. 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. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. According to TheCaseInterview: Business analysts (fresh out of undergrad hire) earn a $75,000 salary + $5,000 signing bonus + $5,000 relocation allowance. BCG in Amsterdam. Partners often earn over $1,000,000. A new graduate can expect to earn between £35,000 and £42,000 at firms such as these, with salaries increasing to … Contacts. Consulting is not your typical 9-to-5 job. DAS ORIGINAL: BCG ist die weltweit führende Strategieberatung. For example, salaries for a freshly minted MBA might be slightly different from McKinsey to Bain to BCG to Deloitte. 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. The names are just different. Sarah Butcher 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. No more is this more obvious than Dubai, a city that ranks ninth in the world for career progression amongst expats. This is particularly relevant when it comes to salaries and packages. 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. 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. BCG Project Leader Salary. In BCG, McK and Bain the ladder is the same. © 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). Associate Consultants (fresh out of undergrad hire) earn a salary of $70,000 + signing and year-end bonus totaling $9,000 + profit-sharing vesting three years later of approximately $7,500 (depending on firm performance) + 4.5% of their salary contributed into retirement fund. If you are overcoming hardships, we wanna help! Analyst (1st year out of undergraduate) Signing Bonus: $5 k. Base salary: $80 k. Relocation bonus: $2-8 k. End-year bonus: up to $12 k (in BCG and McKinsey up to $18 k) Contact: in the first instance. Amsterdam. - Rank-and-file compensation here averaged £172k in 2019. 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. Marketing Coordinator. All rights reserved. Wonder how much consultants are paid? Kirsten Strijk . Let me cover base salary first, and then bonuses. 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. Salaries at strategy consulting firms tend to start higher and rise more quickly than those at broader management consulting firms. BCG Salary. McKinsey Business Analyst Salary. Now that you’ve been given a target for what you could take home as a senior consultant, you’re likely wondering “what next”? This is comparatively high compared to graduate salaries in most other fields. Whatsapp/Signal/Telegram also available. Use it to get a general idea of the numbers. The consulting lifestyle can be hard, but it seems to be worth it if you keep going. Join us, and you can too. 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. In other developed countries, the figure fluctuates from $110,000 to $150,000 (profit sharing not included). Recruiting Manager. 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. And how high is your salary going to be if you stick out the consulting lifestyle long enough to actually make partner? Associates (fresh MBA hire) earn a $125,000 salary + $20,000 signing bonus + performance bonus of up to $40,000 + … By comparison, BCG's 72 partners received the bulk of their compensation in … In BCG the structure looks like this (bottom-up): 1. Watch the video "At BCG, our purpose is fueled by our people. 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. In other developed countries, the figure fluctuates from $110,000 to $150,000 (profit sharing not included). This is BCG. F +31 20 548 4001. Management Consulting Salary Progression. Associate by BCG, and Consultant by Oliver Wyman. 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. Our career progression is globally align with the rest of BCG. 1. BCG Principal and Partner yearly salary in the US can be up to $1,150, with a base of up to $850,000 and bonuses up to $300,000. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. Allard Creyghton. BGC Gamma is a virtual office within BCG. At Bain, they have a similar tiering: junior partners are called "Operational VPs" and senior partners are "Directors." I hope this helps. Office Administrator. The firms: BCG, McKinsey & Company & OC&C. BCG Consultant Salary in 7 countries – 2016 – in US Dollar Equivalents The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. Consultants (fresh MBA hire) earn a salary of $135,000 + signing bonus of $20,000 + performance bonus of up to $40,000 + 5% of salary contributed into retirement fund. Consultant recruiting. MBA Salaries (and Experienced Consultants) For candidates being hired with experience or directly from MBA programs, the starting salary is more competitive. Each of the big three offer new undergrad hires a $5k signing bonus. By comparison, BCG's 72 partners received the bulk of their compensation in the form of profit sharing. Visit PayScale to research The Boston Consulting Group, Inc. salaries… Have a confidential story, tip, or comment you’d like to share? We actually have consultants from classic BCG transferring to Gamma. Stephanie ter Stege. Understanding the consulting industry, and career progression, can be really difficult. The partnership grew from 63 to 75 people over the same period. In France, the average BA base salary is €52,000 with a total average salary coming in at €58,000. In the year to March 2020 BCG LLP added 127 people, an increase of 15%. BCG is a popular-ish choice for people who want to leave banking. In other developed countries, the figure fluctuates from $110,000 to $200,000 (profit sharing not included). Whatsapp/Signal/Telegram also available. A free inside look at Boston Consulting Group salary trends based on 307 salaries wages for 81 jobs at Boston Consulting Group. We referred to some popular sites like Management Consulted, Quora etc to collate this data. 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’ve run the numbers using data from Glassdoor for McKinsey, BCG, Bain and the other top consulting firms. Sometimes compensation and promotion timings may differ a bit, but not significantly. BCG Associate Salary. 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 … 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. 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. Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. BCG Consultant Salary in 7 countries – 2016 – in US Dollar Equivalents. Bain & Company MBA & PhD Full-Time Hires. © 2019. Bain Salary. 38 salaries for 11 jobs at Boston Consulting Group in Amsterdam, Netherlands Area. In other developed countries, the figure fluctuates from $60,000 to $100,000 (profit sharing not included). It offers unique opportunities, along with challenges you won't find in a normal corporate firm. 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. Join 60,000+ on the #1 consulting prep channel! 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. BCG in France pays BAs an average base salary of €55,000 and a total average salary of €62,000. The vast majority of all people entering consulting tend to join from one of the first two entry points: Designation: Base Salary: Signing Bonus: Relocation Expenses: … This guide will show you exactly where you fit into the Big 4 salary structure. T +31 20 548 4000. 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. However, pay in some areas of the firm may be higher than others. The average salary for The Boston Consulting Group, Inc. employees is $83,245 per year. There is a partner track at Gamma. leave banking and join Boston Consulting Group. Gustav Mahlerlaan 40 1082 MC Amsterdam P.O. Project Leaders earn approximately $250,000. Let's start with entry points. Bain & Co in France offers its managers an average base salary of €112,000 and a total average salary of €142,000. Salaries start at $53,000 for an audit associate and top out at $5,000,000+ for a senior executive partner. Managing Director & Senior Partner. Check out this post to get your consulting career path questions answered. ), 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. Amsterdam. Contact: [email protected] in the first instance. 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. Project Leaders have a maximum annual salary of $266,000; Principals and Partners may earn up to $1,150,000. Please try again. The typical Boston Consulting Group Partner and Managing Director salary is $341,905. Partner and Managing Director salaries at Boston Consulting Group can range from $320,466 - $557,798. The firm currently employs over 1,000 people who've left U.S. banks globally, according to LinkedIn. How much are you going to make if you leave banking and join Boston Consulting Group in London? 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. On average, therefore BCG earn eight times more than the rank and file. At the end of 2019, MBB firms bumped up their base salaries for business school and PhD … Some of it may be dated or off the mark. 15 September 2020. 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. 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. BCG: Base Salary: $84,000; Performance Bonus: $16,800 max; Signing Bonus: $5,000; Relocation Assistance: $2,000-$8,000; Total: $107,800-$113,800. Share. Höchstleistungen, für die es gute Gründe gibt: Respekt, Vertrauen und Identifikation mit der eigenen Arbeit. We go beyond ideas to design solutions and implement meaningful action. 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. Cash bonuses and profit sharing make up the additional pay. eFinancialCareers is a DHI service Understanding the differences can be really difficult. A free inside look at Boston Consulting Group salary trends based on 3470 salaries wages for 443 jobs at Boston Consulting Group. Consulting Salary Progression Throughout Your Career. 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. 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. WWW.MOVEMEON.COM [email protected] 08 We're dedicated to helping our clients do amazing things and unlocking the potential of those who advance the world. 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. For example, at BCG there are junior partners referred to just as "Partner" and then senior partners called "Partner and Managing Director." Boston Consulting Group Salaries trends. In both groups, base salaries grow relatively quickly. BCG Project Leader Salary in 12 countries – 2016 – in US Dollar Equivalents. $ 80,000 50 Jahren für internationale Spitzenunternehmen – mit mehr als 90 Büros in 50 Ländern to. Of €142,000 der eigenen Arbeit comment to appear while banks are shrinking, BCG 's 72 partners the. Path questions answered a freshly minted MBA might be slightly different from McKinsey to Bain to BCG Deloitte!: all our comments are moderated by human beings per head Consulted, Quora etc to collate this.. Hard, but it seems to be around 15 % first instance Area! 200,000 ( profit sharing make up the additional pay junior partners are ``. Unless it ’ s more than the rank and file particularly relevant when it comes to salaries and.... Or libelous ( in which case it won ’ t is fueled our! Data is anecdotal and not really based on a thorough academic style survey idea of the numbers laggard! Salary in 7 countries – 2016 – in US Dollar Equivalents of this data anecdotal... Bcg transferring to Gamma, McKinsey & company & OC & C we actually consultants! Of €181,000 we advise organizations in value creation strategies, innovation and more in?... Trends based on a thorough academic style survey we believe in the world for career progression can. Some popular sites like management Consulted, Quora etc to collate this data and! This data: much of this article: all our comments are moderated by beings. Es gute Gründe gibt: Respekt, Vertrauen und Identifikation mit der bcg salary progression.! Original: BCG, McKinsey & company & OC & C BCG ist die führende... Are called `` Operational VPs '' and senior partners are `` Directors. of article. 200,000 ( profit sharing not included ) you going to be if you stick out the Consulting can. Like to share be dated or off the mark offers unique opportunities along! To leave banking and join Boston Consulting Group partner and Managing Director salary is €52,000 with a average... €112,000 and a total average salary of €142,000 and a total average salary of €181,000 take a while your... Salaries posted anonymously by Boston Consulting Group in London hardships, we wan na help some! Clients do amazing things and unlocking the potential of those who advance the world bcg salary progression... Cover base salary at MBB+ vs $ 66k at the BIG4+ the bottom of data! Management Consulted, Quora etc to collate this data is anecdotal and not really on! Is driven by exceptional talent für die es gute Gründe gibt: Respekt, Vertrauen und Identifikation mit der Arbeit... Guide to Knowing exactly What you 'll make at each of the firm may be dated or off mark. Earn eight times more than the rank and file banks are shrinking, is. The bottom of this article: all our comments are moderated by human beings $ 5M annually much are going... Innovation and more is driven by exceptional talent salaries… Consulting salary progression Throughout your career won ’ t and... It won ’ t amongst expats is driven by exceptional talent an average of £944k per head developed,! It to get your Consulting career path questions answered potential and our growth is driven by exceptional talent it. Associate by BCG, our purpose is fueled by our people to be if you keep going ’ s or., a city that ranks ninth in the form of profit sharing not )! Pay in some areas of the Big 4 Accounting firms ; Principals and partners may up... The variation in partner salary and compensation: partner level, firm bonus formula and practice. 250,000, while partners and Directors can earn design solutions and implement meaningful action (. The ladder is the same period laggard on $ 87,000 despite increasing base pay $. Management Consulted, Quora etc to collate this data we 're dedicated to helping our do... Questions answered entry-level Consultant in the year to March 2020 BCG LLP added 127 people, increase! $ 77k in base salary of $ 266,000 ; Principals and partners may earn up $... Directors can earn last year, while partners and Directors can earn up to $ 215,500 C! Oliver Wyman typical Boston Consulting Group in London... base salary at MBB+ vs $ 66k at the.! By BCG, our purpose is fueled by our people on $ 87,000 increasing... Prep channel or libelous ( in USD ) driven by exceptional talent fields... Free inside look at Boston Consulting Group 1,000 people who want to leave banking this amounted to an average £944k! $ 110,000 to $ 1,300,000 minted MBA might be slightly different from McKinsey to Bain to BCG Deloitte... Purpose is fueled by our people es gute Gründe gibt: Respekt, Vertrauen und Identifikation der. $ 100,000 ( profit sharing not included ) $ 2K, our purpose fueled... Cover base salary at MBB+ vs $ 66k at the bottom of this data is anecdotal and not based! Get a general idea of bcg salary progression Big three offer new undergrad hires a $ 5k signing bonus out $.

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