In the Middle East employees do not pay income tax on their earnings and therefore after tax, it is where you will take home the largest salary. Masters-level graduates get offered around $100,000 in base salary at Bain. Finally, some employees lamented an inability to align available promotions and career development opportunities with their personal interests. In addition to that salary, the BCG consultant salary for MBAs and PhDs includes performance bonuses of up to ~$50,000, retirement contributions of up to $20,312 into 401(k) accounts, a signing bonus of $35,000, and up to $8,000 in relocation help. 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. It's fully expected that you'll use all or most of your allocation. Combining unmatched experience and specialized skills across more than 40 industries and all business functionsunderpinned by the worlds largest delivery networkAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. Work with our team to prepare your CV for applications today. These industry-wide trends make jumping across the pond less likely for U.S.-based consultants, and more likely for UK-based consultants. PwC helps organizations and individuals create the value they're looking for. 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 Then we develop a powerful way to solve it. We combine the in-depth expertise of a global advisor with the focus, attention, and flexibility of a boutique consulting firm. Overall, the state of the industry is strong. Is consulting less mainstream in London? Well-known boutique firms Oliver Wyman, L.E.K. Since 1965, clients have engaged CRA for our unique combination of functional expertise and industry knowledge, and for our objective solutions to complex problems. Our clients adapt and transform, and together we achieve enduring results. Our practice is built on evidence-based, practical strategies for profit improvement via the top line. The biggest factor in deciding which career to choose or firm to join is salary. Your input helps Glassdoor refine our pay estimates over time. A global leader in consulting, technology services, and digital transformation, Capgemini is at the forefront of innovation to address the entire breadth of clients opportunities in the evolving world of cloud, digital, and platforms. Beyond the cultural differences between the U.S. and the UK, an important contrast is salary. In the 15 years we have been covering salaries, this is the 14th year that starting salaries increased. Guidehouse (formerly Navigant Consulting), Charles River Associates International (CRAI), IBM Global Business Services/IBM Consulting, Switching from Consulting to Private Equity, 3 Skills Necessary to Make it to Partner at a Consulting Firm, Training & Recruiting Support for Companies, 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 500+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases, On your offer letter, the listed maximum amount of. 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). SDG Group is a global management consulting firm, having a leading vision in the practices of Business Analytics, Corporate Performance Management, and Advanced Business Architecture. In other developed countries, the salary fluctuates around $80,000, while in developing nations such as India, the number is roughly $25,000-$30,000 (profit sharing not included). PwC UK pays Consultants a nice 85,000/year. Were an international consulting firm, but weve never seen size as an end in itself. Full-time. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a With 2,400 employees working from 34 countries, we have successful operations in all major international markets. Our consultants use innovative problem-solving approaches and achieve unparalleled analytic depth. Weve worked with some of the biggest public service organizations in the UK. FTI Consulting professionals, located in all major business centers throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges and opportunities. Vallis Consulting South East, South-East District, Botswana4 weeks agoBe among the first 25 applicantsSee who Vallis Consulting has hired for this roleNo longer accepting applications. This estimate is based upon 154 FTI Consulting Consultant salary report (s) provided by employees or estimated based upon statistical methods. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. We work with top executives to help them make better decisions, convert those decisions to actions, and deliver the sustainable success they desire. So far, margins have been protected by a decrease in operational costs (i.e., smaller office space, less travel). Employees with this title earn an average BCG salary of $110,000 per year as a base rate, with performance bonuses of up to $20,000. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London, England. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. We transform businesses. The Boston Consulting Group salary in the UK is the highest out of the three at 93,000. Anyone work at Point B and want to share their experience or have any insight about salary for managing consultant? Gartner, Inc. (NYSE: IT), is the worlds leading research and advisory company and a member of the S&P 500. Elixirr is a different type of consultancy. This in turn allowed them to dramatically increase max compensation through performance bonuses and profit sharing, as well as extend lifestyle perks like unlimited PTO and limited travel. Our servers are powered by electricity from renewable sources. At the post-MBA level folks with an MBA, PhD, or ~7+ years work experience that jumps up quite a bit to ~85,000. Second year BCG project leaders earn $232,200 in base salary. The M&A activity revealed two basic patterns. In this article, well take you through the compensation you can expect from a variety of different positions at BCG. Our fact-based strategy, rigorous analytics, and implementation expertise generate original, granular insights that help our clients turn their most difficult challenges into game-changing growth and productivity opportunities. Its a big year for the consulting industry as well. Our collaborative and efficient approach helps clients reduce costs, and manage risk and regulatory change while increasing revenues. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. However, when a masters student applies for a relevant technical position (e.g. From locations in Frankfurt, London, Paris, San Francisco, Singapore, and Sydney, we deliver actionable strategies, measurable results, and a unique blend of global perspective and local market knowledge for clients in over 45 countries. However you will most likely get a re-location allowance to help make up some of the difference. There is a lot of travelling, and most of my work is done outside of my base city. Manager (S Consultant) bracket is between 55k -70k max. BCG (Boston Consulting Group) salary (2020) Comprehensive guide to BCG salary in 2020! Salaries for consulting are generally much higher in the US than anywhere else in the world.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.You might get a relocation allowance when you transfer, but don't expect them to match your salary. 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. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Occasional travel to clients in EU is also possible but is rare.. and only really available if you actively pursue such projects. Big4: I would say standard hours are 9 to 6/7pm with busy seasons (8 to 10 weeks a year) you could be working until 11/12. Simon-Kucher & Partners is a global consulting firm specializing in TopLine Power, which encompasses strategy, marketing, pricing, and sales. We have offices in London, Amsterdam, and Zurich. Not sure how this compares to consulting hours in NYC? The estimated total pay for a Consultant is 52,655 per year in the London, England area, with an average salary of 47,093 per year. Get to know the top consulting firms to work for! But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. Proudfoot brings tomorrows results today by transforming your business and enriching your communities. But the salary differential is really too large for it to be a consideration considering London is as expensive as where I'm based out now. McKinsey Partner & Director Salary in 5 countries 2016 in US Dollar Equivalents. For example, the Principal consultant salary UK is typically over 110,000 per year (keep in mind this is base salary only, and that Principal and Partner compensation are mostly variable). As part of the PwC network, Strategy& helps clients solve their issues from strategy through to execution. Note that these are the average salaries, which means that the range would be wider (actual salaries could be much higher or lower than the figures provided). The average salary for a Consultant is 47,093 per year in London, England. 85% of our work is for clients choosing to work with us again. Vacation allowance is much more generous, usually in the 25 to 30 day range, plus about 10 public holidays. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. 2021 and 2022 saw an unprecedented wave of exits from the industry these exits should stabilize as utilization comes back to historical norms. Interns with an undergraduate degree or non-MBA masters degree earn a salary of ~$21,000. The lowest salary for a Consultant in London, England is 28,284 per year. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. 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. Some things that might account for this difference include a more comprehensive array of public services, such as healthcare, available in the UK. We know that the world changes constantly, so we offer real, tailored solutions for complex business environments. The USA is not considered to have adequate data protection legislation. As always, your anonymity is guaranteed. Training & Recruiting Support for Companies. Monitor Deloitte Previously Monitor Group, Monitor Deloitte is a multinational strategy consulting practice, founded in 1983 by six entrepreneurs with ties to the Harvard Business School, including Michael Porter. And Big4 do deal with some exciting stuff such Man United, Liverpool FC player transfer etc. choosing Atlanta over San Francisco). This base BCG project leader salary is $225,400 with a sharp rise in potential bonuses, which range from $90,000-130,000. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. Beyond those benefits, positive reviews also focus on the culture of innovation and the stimulating challenges associated with working at BCG. Our people are committed to our client's success and focused on helping you achieve essential advantages. Internships are a standard 10 weeks in the United States (early June through first or second full week of August) but the range is 8-12 weeks in Canada and the EMEA. The first level of junior partner/principal is usually a BCG employees third promotion and occurs after six to eight years with the company. At voluptatem laboriosam natus ipsa cum aspernatur consequatur. MBA consultant salaries at firms like Accenture Strategy, LEK Consulting, and Oliver Wyman rival the Big Three, with base salaries ranging from $160,000-to-$175,000. As strategies, technologies, and innovation collide, we turn complexity into opportunity. Charles River Associates (CRA) is a global consulting firm specializing in litigation, regulatory, financial, and management consulting. Thus, the cost of living can vary considerably for consultants working in the US, while most UK consultants can expect London living expenses, which doesnt help. For instance, when promoted from Associate to Consultant at BCG, your base salary almost doubles. They often offer higher base salaries but the roles are more siloed and the promotion trajectory is slower. Mck email format for someone with 3 names, 101 Investment Banking Interview Questions, Salary For Transaction Services Managers In London, Certified Private Equity Professional - 3rd+ Year Associate, Certified Consulting Professional - Principal, Sample Consulting Case Interview Questions, Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat Jan 21st - Only 15 Seats, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Private Equity Interview 1-Day Bootcamp OPEN NOW - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats. What is the salary trajectory for a Consultant? Lets get started. 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. Protiviti and our independently owned Member Firms provide consulting solutions in finance, technology, operations, data, analytics, governance, risk, and internal audit to our clients through our network of more than 75 offices in over 20 countries. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. 3.7. The role is usually called either Consultant or Associate, depending on the firm. After ten or more years with the company, an employee may rise to the senior partner/director position. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, "After you work on Wall Street its a choice, would you rather work at McDonalds or on the sell-side? 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