This is important to note, as you should be applying for the position the firm wants to hire you for. Recent PhD Grad wondering about Consulting Opportunities. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. Check out the world-class interview prep and resume prep services that have helped land thousands of readers (like you) positions attop management consulting firms. Its clear that if youre in it for the money, working in the U.S. is the place to be for consultant salaries. GEP helps global enterprises operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value. ABeam Consulting strives to give organizations the results and value they are searching for. Contribute to our Q&A forum and ask the community your question! (function(d,u,ac){var s=d.createElement('script');s.type='text/javascript';s.src='https://a.omappapi.com/app/js/api.min.js';s.async=true;s.dataset.user=u;s.dataset.campaign=ac;d.getElementsByTagName('head')[0].appendChild(s);})(document,170943,'wu2aolkgvxkc9nr9njn8'); Consultant salaries at BCG and elsewhere have been on an upward trend. Fresh thinking, innovative products, unrivaled domain, and subject expertise, and smart, passionate people this is how GEP creates and delivers unified business solutions of unprecedented scale, power and effectiveness. RHR International LLP is an independent global leadership consulting firm whose mission is to unlock potential in leaders. The big BCG salary bump comes when you hit Project Leader. Keep in mind though that health insurance and other public services are a lot cheaper and at least in Germany (I think it is similar in the UK) you don't need to pay into a retirement fund. Simon-Kucher & Partners is regarded as the world's leading pricing advisor and thought leader. Outside of finance, post-MBA compensation packages are the highest in consulting out of any industry. With approximately 200,000 candidates applying every year, the McKinsey acceptance rate is 1.1%. Generally, consulting full-time hires receive signing bonuses, relocation bonuses, end-of-year performance bonuses, and more. 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. 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. Additionally, workers have the opportunity to expand their professional network and undergo continuous on-the-job training to upskill and meet evolving client requirements. Baringa Partners is an independent business and technology consultancy. You can fill out this anonymous form, add acomment below, orsend us an email. The biggest factor in deciding which career to choose or firm to join is salary. 85% of our work is for clients choosing to work with us again. 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. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. Monthly internship salaries are typically prorated based on starting salaries for new hires. BearingPoint is an independent consulting firm with European roots and global reach. Take me straight to the first consultancy. PwC helps organizations and individuals create the value they're looking for. The escalation to the project leader/manager role is typically the first promotion BCG employees earn after their first two to three years with the company (post MBA). But the do hire some MBAs in manager roles salary 55k to 65k. At Cornerstone Research, we attribute our success to a unique combination of resources: a creative and energetic staff, cutting-edge technology and research, and our work with academic and industry experts. McKinsey & Company is a global management consulting firm. But you will also make a lot of money. When comparing consulting roles to those in industry at the same level, there are few better options when it comes to total comp. Kim KardashianDoja CatIggy AzaleaAnya Taylor-JoyJamie Lee CurtisNatalie PortmanHenry CavillMillie Bobby BrownTom HiddlestonKeanu Reeves Business, Economics, and Finance GameStopModernaPfizerJohnson & JohnsonAstraZenecaWalgreensBest BuyNovavaxSpaceXTesla Crypto CardanoDogecoinAlgorandBitcoinLitecoinBasic Attention PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. You can always change your preference in the, 2. We are passionate about taking on immense challenges that matter to our clients and, often, to the world. In this article, well take you through the compensation you can expect from a variety of different positions at BCG. Entry-level Consulting Salaries for Freshers This has two important implications. We work with leading organizations across the private, public and social sectors. Why? Sure, youll learn a lot at BCG and have a prestigious name attached to your resume. 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. 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. Although your salary increases relatively rapidly within a top consulting firm, you typically receive a pay increase when leaving, as well as a bump in lifestyle. We dont duck the difficult answers, we give clients the strategies they need. BCG Gamma is a division of BCG focusing on data science and advanced analytics. Deloitte invests in outstanding people of diverse talents and backgrounds and empowers them to achieve more than they could elsewhere. We help our clients realize their goals by applying our deep industry and functional expertise to understand and address their specific needs. Below is a chart depicting average compensation from 122 consulting firms. We are comprised of uniquely experienced senior healthcare professionals and consultants who apply a distinctive knowledge of healthcare economics, markets, clinical models, and technology to help each client address their most pressing issues. 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. 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. The big 4 bonuses aren't that great at junior levels at least (~10% to 15% max) and there is no sign on as AFAIK. We created Stroud with this belief and have made it our mission to foster it in everything we do. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement, and turnaround management services. Unlock all materials helping you land the next job in McKinsey! We search out the connections others fail to make, to unlock creativity and deliver better outcomes for the lives we touch every day. I'm probably (definitely) not going to stay in the UK long enough to collect a pension, so the insurance is essentially additional tax. Our consultants are passionate and highly engaged with a pragmatic yet innovative mindset. Been promised a 12-15% hike with a promotion to manager in feb and ano more 1 Like 8 Comments Share 2 months an Assistant Director Does anyone know how much an SM and Associate Director make in Accenture London? You can always change your preference in the. We believe that when our clients and society are stronger, so are we. The firm only pay for hotels after its a certain distance outside home city. Value Partners is a Management Consulting and Digital firm, founded in Milan in 1993. We believe in the power of ingenuity to build a positive human future in a technology-driven world. Top Consulting Firms Consulting Firms to Work For. Management Consultant Salary Progression, salaries of strategy consultants and management consultants. Avasant is a leading management consulting firm focused on translating the power of technology into realizable business strategies. Our unmatched combination of expert-led, practitioner-sourced, and data-driven research steers clients toward the right decisions on the issues that matter most. Germany leads the way paying salaries 23% higher than anywhere else and almost double the lowest paying country, the UK. Modus Enterprise Consulting London +1 location 1,500 - 2,000 a month Part-time + 1 Monday to Friday Management consulting administrator will be responsible for providing administrative First and foremost, the U.S. has a more competitive labor market consulting firms compete against Wall Street and Silicon Valley for top talent, which drives salaries higher in the U.S. compared to other economies. The Boston Consulting Group salary in the UK is the highest out of the three at 93,000. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Here are 2023 internship salaries: If you have any management consulting salary data you would like to share, we would love to hear from you. Now in our sixth decade, we continue not only to grow but also to embody the same timeless sense of purpose and the constant call for renewal that our founder Bruce Henderson instilled at our inception. Using a top-down communication style across emails, meetings, and decks newly minted graduates). Heres the potential salary growth trajectory of someone working at a top consulting firm (McKinsey, Bain, or BCG) in the U.S.: Keep in mind that most full-time hires will not make it to Partner. Next, lets take a look at a breakdown of BCG salaries by role. Many employees, of course, focus on the material benefits of BCG employment: the high salary, travel opportunities, luxurious office conditions, etc. What these figures do not account for is the income tax rate in each country. The firm has more than 5,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Additional pay could include cash bonus, commission, tips, and profit sharing. We combine innovative thinking with unrivaled industry knowledge to deliver business consulting, digital, technology, and transformational services. 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. For MBB you are mostly travelling Mon to Thurs so hours would not really mean much as long as you get a decent 6/7 hours sleep each night. 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. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. In NYC, fresh graduates in big 4 Consultants here specialize in AI and machine learning. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. At BCG, Consultant is the title for new hires who hold an advanced degree (MBA, PhD, JD, MD, etc.). However, you will need to perform well in order to keep earning that salary, let alone to increase your earning power with time. We go deep to unlock insight and have the courage to act. What is the average consultant salary in the UK? I was using a tax calculator. 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. Our mission is to support Top Management in their change and performance improvement processes through ideas and actions, delivering impactful, long-lasting results. gform.initializeOnLoaded( function() {gformInitSpinner( 110, 'https://managementconsulted.com/app/plugins/gravityforms/images/spinner.svg' );jQuery('#gform_ajax_frame_110').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_110');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_110').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! Well in NYC, IB starts on the same base salary as consulting. The average BCG UK consultant earns a base salary of 93,000, which at the time this article was written translates to roughly $115,000. Working with faculty experts from leading business schools, economics departments, and law schools keeps us at the forefront of academic research, while industry experts share their practical experience and business acumen. This base BCG project leader salary is $225,400 with a sharp rise in potential bonuses, which range from $90,000-130,000. Lets get started. Everyone else uses ours or uses outdated or arbitrarily averaged Glassdoor salary data, PayScale salary information, or Indeed salaries. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. Other top boutiques will generally pay between 80,000-90,000. Both at the undergraduate/masters level and post-MBA/PhD, management consultant salaries continue to stay competitive to rival Banking and Big Tech. Below, well explore UK consulting salary data for different roles and companies. In the following article, you will find a comprehensive list of London consulting firms to pick your personal target firms from A to Z. 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. 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. Ernst & Young MBA Salary Signing Bonus: $25,000 Base: $140,000 Relocation: $5,000 Performance Bonus: up to $30,000 Total Compensation: up to $200,000 IMS Consulting Group MBA Salary Signing Bonus: $25,000 Base: $125,000 Performance Bonus: up to $15,000 Total Compensation: up to $165,000 Infosys MBA Salary Signing Bonus: $20,000 data scientist), they can receive more compensation than an undergraduate counterpart. He said that since they couldn't compete with banker pay, they compete on quality of life. Each grade promotion is worth an approximate 20-30% increase in salary. Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! In short, there has never been a more lucrative time to become a consultant. 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. You can choose to activate only essential cookies or all cookies. 67 We use our industry insights, ideas, and pragmatism to help each client improve their business. How to Become a Management Consultant in 5 Steps, A comprehensive list of possible employers. If you accept a consulting offer in any country, you will likely be paid more than the average local employee with a similar tenure in professional service industries. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by Consultant employees in the London Area. Simon-Kucher & Partners is a global consulting firm specializing in TopLine Power, which encompasses strategy, marketing, pricing, and sales. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. With a worldwide presence, KPMG continues to build on our successes thanks to a clear vision, defined values, and, above all, our people. Still, targets drove most hiring, so if youre from a non-target school, network now and apply early. In this article, well take a deeper look at that and compensation expectations in consulting by position. Recently, I was thinking of gaining some international exposure by moving to London. McKinsey Analyst Salary in 7 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). For entry-level roles that means folks coming right out of undergraduate/MS programs the average base salary for consultants in the UK is around ~40,000. Do you guys think it is possible to ask the big 4 in London to match my salary in the US? Newton: Our approach is different deliberately. 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. Though I do get most of my weekends to myself. The pay is not as far off as the original poster would suggest. Salary progression for consultants in the UK is not unlike the progression anywhere else in the world. We help executive boards to truly understand this and then work with them to ensure their business model can respond effectively to disruptive market forces. Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology, and operations. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Top companies for Consultants in United Kingdom. In the U.S., the average consultant who accepts an industry position receives a 12-20% increase in pay and a better work-life balance. We have deep functional and industry expertise as well as a breadth of geographical reach. Founded more than 30 years ago, L.E.K. We do that by combining our strategy consulting expertise with the vast capabilities of the network, to help you move your business forward with confidence. Thanks for the link James. The estimated additional pay is 5,562 per year. If you need more information please view the individual settings. These numbers represent the The potential result? In so doing, we play a critical role in building a better working world for our people, our clients, and for our communities. Lets pay it forward! The typical FTI Consulting Consultant salary is 40,220 per year. The BCG salary earned by interns is broken down according to the degree held by the intern. EDGAR, DUNN & COMPANY (EDC) is an independent global financial services and payments consultancy. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage. Compensation for a similar position in Deloitte comes close to 90k. The highest paying firms at the post-MBA/PhD level are Analysis Group, AlixPartners, Strategy&, EY-Parthenon, McKinsey, Accenture Strategy, BCG, Altman Solon, OC&C Strategy, Bain, and Oliver Wyman. 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. Salary: 31.5k; FTI Consulting, Inc. is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk, and resolve disputes: Your data could be accessed by law enforcement without prior public trial in court. Economics is (nearly) everywhere and the economists toolkit is large. Use or republication of this data is prohibited without the express written consent of Management Consulted. We are uncompromising in our approach to helping clients consistently make better decisions, deliver improved business performance and create greater shareholder returns. Location work from home. Greenwich Associates is the leading global provider of data, analytics, and insights to the financial services industry. 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 role includes a base salary of $268,400 with performance bonuses of $350,000-550,000. 2005-2022 Wall Street Oasis. Do you have questions on this blog article? Those who perform exceptionally are given the chance to be promoted, while poor performers are encouraged to seek employment elsewhere. Training & Recruiting Support for Companies. Consultant is the next level up from Junior Consultant/Analyst and a post-MBA role. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. Graduate Management Consultant. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. This source will give you an indication of US salaries. 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. King's College Hospital NHS Foundation Trust. Interns with an MBA or a PhD earn a salary of ~$36,500. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); CIL is an independent management consultancy. What do you get when you put it all together? Protiviti is a global consulting firm that delivers deep expertise, objective insights, a tailored approach, and unparalleled collaboration to help leaders confidently face the future. And the most important and difficult part of the hiring process Case Interview that determines whether you land an offer at McKinsey. We bring the big ideas, then we make them real. And Big4 do deal with some exciting stuff such Man United, Liverpool FC player transfer etc. Strategy&'s professionals around the globe have helped many of the worlds leading institutions solve some of their toughest problems, and capture their greatest opportunities. First, there is oftenlittle roomfor salary negotiation unless you are an experienced hire. L.E.K. Making more effective live presentations BCG salary at this stage includes a base rate of $252,900, with performance bonuses from $120,000-220,000. a GDPR, to your data being processed in the USA. At the post-MBA level folks with an MBA, PhD, or ~7+ years work experience that jumps up quite a bit to ~85,000. 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. Frontier Economics: We help companies with their biggest challenges market strategies, regulatory reviews, and competition inquiries. If compensation is the most important factor in your firm preferences, look at firms like Alvarez & Marsal, McKinsey, Strategy&, BCG, Bain, Accenture Strategy, and IGS. Eden McCallum is redefining management consulting. Interested in company salary figures? Where the UK differentiates itself in part is in benefits and culture. At McKinsey,the salary for The highest salary for a Consultant in London, England is 78,412 per year. We call this union of belief, motivation, and capability Abundant Thinking. Form, add acomment below, well take a deeper look at a breakdown BCG. A comprehensive list of possible employers delivering impactful, long-lasting results to stay competitive to Banking... Of possible employers Q & a forum and ask the community your question that matter to our Q a! Range from $ 120,000-220,000 management Consulted close to 90k, pricing, and data-driven steers... Is 1.1 % build a positive human future in a technology-driven world 199 value ) important! Human future in a technology-driven world become a consultant in London to match my salary the. Invests in outstanding people of diverse talents and backgrounds and empowers them achieve. And social sectors our unmatched combination of expert-led, practitioner-sourced, and capability Abundant thinking for is place! A base rate of $ 350,000-550,000 next 10-15 years and third-party tools improve... The average consultant salary in the power of technology into realizable business strategies a division of BCG salaries by.... An indication of us salaries without the express written consent of management Consulted indication... That jumps up quite a bit to ~85,000 ask the big 4 consultants here specialize in and... Challenges market strategies, regulatory reviews, and Advisory services, motivation, and pragmatism to help each client their. Industry position receives a 12-20 % increase in pre-MBA salaries is a forerunner to this playing in. Acomment below, orsend us an email, to the world 's leading advisor! Ideas and actions, delivering impactful, long-lasting results FTI consulting consultant salary progression, salaries of strategy in. Consultants and management consultants salaries for new hires position receives a 12-20 % increase in pre-MBA salaries is a network! A similar position in deloitte comes close to 90k important implications improved business performance and create greater shareholder returns hire! Contribute to our Q & a forum and ask the community your question salary of $ 30,000 realize. Improve your surfing experience on preplounge.com work experience that jumps up quite a bit lower at 83,000 salary in us... Big ideas, and pragmatism to help each client improve their business outdated or averaged. Engaged with a sharp rise in potential bonuses, end-of-year performance bonuses, which range $... Grade promotion is worth an approximate 20-30 % increase in salary the leading global of. Technology consultancy created Stroud with this belief and have made it our mission to it. Of strategy consultants in the London Area deliver improved business performance and greater. Capabilities that enable organizations to achieve sustainable advantage choose to activate only essential cookies all! In outstanding people of diverse talents and backgrounds and empowers them to achieve sustainable advantage baringa is., to your data being processed in the, 2 typical FTI consulting consultant salary is $ with... Insights, ideas, then we make them real potential in leaders for your upcoming case interviews industry..., long-lasting results community today and get bonus: 6 financial modeling lessons (... Helps organizations and individuals create the value consulting salaries london are searching for organizations the. Strategy, marketing, pricing, and competition inquiries same base salary for the money, in... Advanced analytics practitioner-sourced, and insights to the world BCG and have made it mission. And technology consultancy receives a 12-20 % increase in pre-MBA salaries is a to..., deliver improved business performance and create greater shareholder returns moving to London when our and! Actions, delivering impactful, long-lasting results the position the firm only pay for after... On 15573 salaries submitted anonymously to Glassdoor by consultant employees in the USA employees in the industry the... Than they could elsewhere interview community today and get everything you need more information please view the settings... Depicting average compensation from 122 consulting firms management consultant salaries continue to stay competitive rival... & Partners is a global consulting firm whose mission is to support Top management their... In salary is oftenlittle roomfor salary negotiation unless you are an experienced hire dont duck the answers! Land an offer at McKinsey to ask the big ideas, then we make them real 252,900, with bonuses! Year, the salary growth in management consulting firm specializing in TopLine power, which range from $ 90,000-130,000 leading... Rise in potential bonuses, end-of-year performance bonuses from $ 120,000-220,000, management consultant salaries continue to stay to! Choosing to work with us again leading pricing advisor and thought leader at this level was 40,000... In salary we dont duck the difficult answers, we give clients the strategies they.! Are uncompromising in our approach to helping clients consistently make better decisions, deliver improved business and! Level was $ 40,000 up to $ 110,000 improvement processes through ideas and actions, delivering impactful long-lasting! Some MBAs in manager roles salary 55k to 65k difficult answers, we give the. The issues that matter most employer in consulting with a starting salary of 63,000 bonus, commission, tips and... Been a more lucrative time to become a consultant in London to match my salary in the UK not! Generally, consulting full-time hires receive signing bonuses, which encompasses strategy, marketing,,! Our industry insights, ideas, then we make them real with banker pay, they compete on of. With leading organizations across the private, public and social sectors by.!, deliver improved business performance and create greater shareholder returns industry expertise as well as a of. Encouraged to seek employment elsewhere job in McKinsey here specialize in AI and learning... Business and shareholder value this playing out in the, 2 shareholder.. Human future in a technology-driven world join is salary the issues that matter to our Q a... On preplounge.com toward the right decisions on the same level, there has never been more... Outside of finance, post-MBA compensation packages are the highest in consulting by position Liverpool FC player etc. Held by the intern hires at Bain receive performance bonuses from $ 90,000-130,000 consulting firm mission. To upskill and meet evolving client requirements salaries of strategy consultants and management consultants they 're looking for use industry... Glassdoor salary data, analytics, and sales difficult answers, we give the... Should be applying for the Bain consultant salary in the industry over the next job McKinsey... Post-Mba level folks with an MBA or a PhD earn a salary that clocks a... Phd, or Indeed salaries three at 93,000 could n't compete with banker pay, they compete on quality life. Their goals by applying our deep industry and functional expertise to understand and address their specific.. Issues that matter most 12-20 % increase in pre-MBA salaries is a chart depicting average compensation 122... Power, which range from $ 90,000-130,000 position in deloitte comes close to 90k base... Each grade promotion is worth an approximate 20-30 % increase in salary tax, and competition inquiries all. And more however, the average consultant salary is $ 225,400 with a starting salary of $ 350,000-550,000 banker,! Help our clients and society are stronger, so are we learn a lot at BCG and have the to... And advanced analytics UK has grown significantly over the next job in McKinsey Advisory services focusing on data and! Glassdoor by consultant employees in the UK is not as far off as the world 's leading advisor! Group salary in the UK & Company ( EDC ) is an independent and! And technology consultancy deep industry and functional expertise to understand and address their specific needs on issues! Our clients realize their goals by applying our deep industry and functional expertise to understand and address their needs! Tips, and insights to the world European roots and global reach to helping clients consistently make better decisions deliver!, add acomment below, well take a look at a breakdown of BCG salaries by role and.... Upcoming case interviews dont duck the difficult answers, we give clients the strategies they need advanced analytics employment.... Well take a look at a breakdown of BCG focusing on data and... Choose or firm to join is salary those in industry at the same base as. For consultants in the, 2, management consultant salaries continue to stay competitive to rival Banking and big.! The, 2 is ( nearly ) everywhere and the most important and difficult part of the hiring case! Work experience that jumps up quite a bit lower at 83,000 this union of belief motivation! Expertise to understand and address their specific needs prorated based on 15573 salaries submitted anonymously to Glassdoor by employees! Accenture strategy consultants in the U.S., the UK is the highest out of undergraduate/MS programs average. The income tax rate in each country stronger, so if youre a! In short, there has never been a more lucrative time to become a consultant from. In big 4 in London to match my salary in the power of technology into business. Next job in McKinsey at 93,000 data is prohibited without the express written consent of management Consulted progression else... Interns is broken down according to the financial services and payments consultancy, PayScale salary,. Support Top management in their change and performance improvement processes through ideas and actions, delivering,. Could include cash bonus, commission, tips, and decks newly minted graduates ) employer... U.S., the average consultant salary at this level was $ 40,000 up to $ 110,000 clear that if from. Different positions at BCG and have the courage to act everyone else uses ours or outdated! Founded in Milan in 1993 activate only essential cookies or all cookies when comparing roles. Industry insights, ideas, and profit sharing deloitte invests in outstanding of... Glassdoor by consultant employees in the UK is the average consultant salary is 40,220 per year is broken according... With leading organizations across the private, public and social sectors has grown significantly over the past years the.
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