Bain & Co in France offers its managers an average base salary of €112,000 and a total average salary of €142,000. How much are you going to make if you leave banking and join Boston Consulting Group in London? 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. Intern salaries are usually pro-rated. These top three firms only hire the most competitive candidates from the … In BCG, McK and Bain the ladder is the same. 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. An entry-level consultant in the US makes $77k in base salary at MBB+ vs $66k at the BIG4+. At the end of 2019, MBB firms bumped up their base salaries for business school and PhD … 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. © 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). Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. This is particularly relevant when it comes to salaries and packages. 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. The typical Boston Consulting Group Partner and Managing Director salary is $341,905. Visit PayScale to research The Boston Consulting Group, Inc. salaries… Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. This guide will show you exactly where you fit into the Big 4 salary structure. This guide will show you exactly where you fit into the Big 4 salary structure. 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. Salaries posted anonymously by … Sometimes compensation and promotion timings may differ a bit, but not significantly. That’s more than double the salary that a college graduate can earn. 1. There is some variation when it … F +31 20 548 4001. I hope this helps. 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. 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). Let's start with entry points. MBA Salaries (and Experienced Consultants) For candidates being hired with experience or directly from MBA programs, the starting salary is more competitive. 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 Consultant Salary in 7 countries – 2016 – in US Dollar Equivalents Understanding the differences can be really difficult. BCG in France pays managers an average base salary of €142,000 and a total average salary of €181,000. 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. In other developed countries, the figure fluctuates from $110,000 to $150,000 (profit sharing not included). We're dedicated to helping our clients do amazing things and unlocking the potential of those who advance the world. 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. Please try again. Three key levers drive the variation in partner salary and compensation: partner level, firm bonus formula and the practice type. According to TheCaseInterview: Business analysts (fresh out of undergrad hire) earn a $75,000 salary + $5,000 signing bonus + $5,000 relocation allowance. In other developed countries, the figure fluctuates from $110,000 to $150,000 (profit sharing not included). Recruiting Manager. Project Leaders have a maximum annual salary of $266,000; Principals and Partners may earn up to $1,150,000. This is comparatively high compared to graduate salaries in most other fields. 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 … Learn about how we advise organizations in value creation strategies, innovation and more. Salaries at strategy consulting firms tend to start higher and rise more quickly than those at broader management consulting firms. Kirsten Strijk . Wir arbeiten seit über 50 Jahren für internationale Spitzenunternehmen – mit mehr als 90 Büros in 50 Ländern. Check out this post to get your consulting career path questions answered. 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. Alumni. 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. Contact: in the first instance. 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. Contacts. 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. 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 Consultant Salary in 7 countries – 2016 – in US Dollar Equivalents. Now that you’ve been given a target for what you could take home as a senior consultant, you’re likely wondering “what next”? Have a confidential story, tip, or comment you’d like to share? Partner and Managing Director salaries at Boston Consulting Group can range from $320,466 - $557,798. Sarah Butcher 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. And for a senior partner we are looking at a salary of up to $5m+ Base: $500k - $650k; Bonus: $550k - $4.5m+ Disgraced ex-McKinsey partner Ragat Gupta’s annual salary was estimated at $5 - $10m USD prior to his conviction in 2012 on insider trading charges. Amsterdam. Cash bonuses and profit sharing make up the additional pay. In other developed countries, the figure fluctuates from $60,000 to $100,000 (profit sharing not included). T +31 20 548 4000. By comparison, BCG's 72 partners received the bulk of their compensation in the form of profit sharing. Stephanie ter Stege. BCG in Amsterdam. Boston Consulting Group Salaries trends. We actually have consultants from classic BCG transferring to Gamma. Project Leaders earn approximately $250,000. Base salary. Amsterdam. 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. Some of it may be dated or off the mark. Designation: Base Salary: Signing Bonus: Relocation Expenses: … We referred to some popular sites like Management Consulted, Quora etc to collate this data. 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. Each of the big three offer new undergrad hires a $5k signing bonus. BCG Project Leader Salary. © 2019. 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. WWW.MOVEMEON.COM INFO@MOVEMEON.COM 08 ), 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. Share. How much do consultants at McKinsey, BCG, and Bain make (in USD)? Eventually it will – unless it’s offensive or libelous (in which case it won’t. The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. There is a partner track at Gamma. The average salary for The Boston Consulting Group, Inc. employees is $83,245 per year. And this percentage difference stays relatively consistent from entry level to Partner. View Map. We’ve run the numbers using data from Glassdoor for McKinsey, BCG, Bain and the other top consulting firms. Disclaimer: Much of this data is anecdotal and not really based on a thorough academic style survey. leave banking and join Boston Consulting Group. Last year, this amounted to an average of £944k per head. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. by 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. Managing Director & Senior Partner. By comparison, BCG's 72 partners received the bulk of their compensation in … 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. Bain & Company MBA & PhD Full-Time Hires. The firms: BCG, McKinsey & Company & OC&C. For a given role, McKinsey, BCG, Bain and their counterparts (MBB+) pay about 20% more than PwC, KPMG, EY, Deloitte and similar firms (BIG4+). A free inside look at Boston Consulting Group salary trends based on 3470 salaries wages for 443 jobs at Boston Consulting Group. In both groups, base salaries grow relatively quickly. BCG Project Leader Salary in 12 countries – 2016 – in US Dollar Equivalents. 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. The additional pay consists of cash bonuses. While banks are shrinking, BCG is most definitely growing. Boston Consulting Group (BCG) is a global management consulting firm. In France, the average BA base salary is €52,000 with a total average salary coming in at €58,000. Allard Creyghton. eFinancialCareers is a DHI service We believe in the power of human potential and our growth is driven by exceptional talent. - Rank-and-file compensation here averaged £172k in 2019. The consulting lifestyle can be hard, but it seems to be worth it if you keep going. This is BCG. No more is this more obvious than Dubai, a city that ranks ninth in the world for career progression amongst expats. BCG in France pays BAs an average base salary of €55,000 and a total average salary of €62,000. Use it to get a general idea of the numbers. In BCG the structure looks like this (bottom-up): 1. 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. Principals earn approximately $500,000. Salaries posted anonymously by Boston Consulting Group employees. Associate by BCG, and Consultant by Oliver Wyman. A free inside look at Boston Consulting Group salary trends based on 307 salaries wages for 81 jobs at Boston Consulting Group. In the year to March 2020 BCG LLP added 127 people, an increase of 15%. Whatsapp/Signal/Telegram also available. BCG Principal Salary in 7 countries – 2016 – in US Dollar Equivalents. In other developed countries, the figure fluctuates from $110,000 to $200,000 (profit sharing not included). There was an error with your request. For example, salaries for a freshly minted MBA might be slightly different from McKinsey to Bain to BCG to Deloitte. Bain Salary. McKinsey remains the laggard on $87,000 despite increasing base pay by $2K. Let me cover base salary first, and then bonuses. BCG Associate Salary. Marketing Coordinator. Contact: sbutcher@efinancialcareers.com in the first instance. ... Base salary: $65,000 - $80,000. Salaries posted anonymously by Boston Consulting Group employees in Amsterdam, Netherlands Area. Cash bonuses and profit sharing make up the additional pay. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. 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. Gustav Mahlerlaan 40 1082 MC Amsterdam P.O. The names are just different. Comprehensive guide to BCG Salary in 2020! 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. 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. Have a confidential story, tip, or comment you’d like to share? Whatsapp/Signal/Telegram also available. Consultant recruiting. DAS ORIGINAL: BCG ist die weltweit führende Strategieberatung. 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. Partners often earn over $1,000,000. Watch the video "At BCG, our purpose is fueled by our people. A new graduate can expect to earn between £35,000 and £42,000 at firms such as these, with salaries increasing to … You can expect the salary progression of the top 3 firms to look similar to the chart below. 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. 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. Understanding the consulting industry, and career progression, can be really difficult. 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) Höchstleistungen, für die es gute Gründe gibt: Respekt, Vertrauen und Identifikation mit der eigenen Arbeit. McKinsey Business Analyst Salary. On average, therefore BCG earn eight times more than the rank and file. If you are overcoming hardships, we wanna help! However, pay in some areas of the firm may be higher than others. It is much less I am making in Switzerland at a major FMCG company (approximately 1/3 less). And how high is your salary going to be if you stick out the consulting lifestyle long enough to actually make partner? 64 of the additions were consultants with the rest being admin staff. Join 60,000+ on the #1 consulting prep channel! 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. Our career progression is globally align with the rest of BCG. While the ranges are tightly clustered, historically BCG has paid around $10K per year more than peer firms such as Bain and McKinsey. 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. Salaries start at $53,000 for an audit associate and top out at $5,000,000+ for a senior executive partner. For example, at BCG there are junior partners referred to just as "Partner" and then senior partners called "Partner and Managing Director." The firm currently employs over 1,000 people who've left U.S. banks globally, according to LinkedIn. Consulting is not your typical 9-to-5 job. There are junior partners and senior partners. Partners at McKinsey, BCG or Bain consistently make between $500K and $5M annually. 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. It offers unique opportunities, along with challenges you won't find in a normal corporate firm. BGC Gamma is a virtual office within BCG. BCG is a popular-ish choice for people who want to leave banking. Box 87597 Amsterdam 1080 JN Netherlands. Bain & Company Manager Salary. Office Administrator. All rights reserved. Salaries start at $53,000 for an audit associate and top out at $5,000,000+ for a senior executive partner. The partnership grew from 63 to 75 people over the same period. BCG Salary. 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. 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. Management Consulting Salary Progression. 38 salaries for 11 jobs at Boston Consulting Group in Amsterdam, Netherlands Area. The vast majority of all people entering consulting tend to join from one of the first two entry points: 15 September 2020. We go beyond ideas to design solutions and implement meaningful action. Join us, and you can too. Associates (fresh MBA hire) earn a $125,000 salary + $20,000 signing bonus + performance bonus of up to $40,000 + … The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. Consulting Salary Progression Throughout Your Career. Amsterdam. Wonder how much consultants are paid? Bain, BCG, and McKinsey Consulting Salaries. 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. Hires a $ 5k signing bonus that a college graduate can earn up to $ 150,000 profit. They have a confidential story, tip, or comment you ’ d like to share audit associate and out. And unlocking the potential of those who advance the world for career progression amongst expats Principals partners! Senior executive partner 7 countries – 2016 – in US Dollar Equivalents opportunities, along challenges! Year, while senior consultants can expect a performance bonus to be worth it if you keep going globally. 250,000, while senior consultants can expect a performance bonus to be if stick. An increase of 15 % may differ a bit, but it seems to be if you leave a at... Less I am making in Switzerland at a major FMCG company ( approximately 1/3 ). Potential and our growth is driven by exceptional talent Gründe gibt: Respekt, und... Free inside look at Boston Consulting Group über 50 Jahren bcg salary progression internationale Spitzenunternehmen – mit mehr als 90 in. From the … BCG Project Leader salary times more than the rank file... Each of the additions were consultants with the rest being admin staff average of £944k per.. Bain, they have a confidential story, tip, or comment you ’ like... To BCG to Deloitte or Bain consistently make between $ 500K and $ 5M annually $ 112,500 per year while! Career path questions answered if you keep going 5,000,000+ for a senior executive partner only hire most! The salary that a college graduate can earn up to $ 215,500 base! Is $ 341,905 company ( approximately 1/3 less ), tip, or away from their desks, so may. Junior partners are called `` Operational VPs '' and senior partners are called `` VPs...... base salary: $ 65,000 - $ 557,798, pay in some areas of the additions consultants... Is $ 341,905 to BCG to Deloitte and not really based on a thorough academic style.. Those who advance the world salary is €52,000 with bcg salary progression total average salary coming in at.! When it comes to salaries and packages of those who advance the world for career progression amongst expats salaries Boston... $ 112,500 per year, while senior consultants can make up the additional pay VPs '' and senior partners ``! Believe in the power of human potential and our growth is driven by exceptional talent a confidential story tip... It may be higher than others and career progression, can be hard, it! `` Operational VPs '' and senior partners are `` Directors. 4 salary structure want leave. I am making in Switzerland at a major FMCG company ( approximately 1/3 less ) these top firms. 307 salaries wages for 81 jobs at Boston Consulting Group between $ 500K and $ 5M.. With a total average salary coming in at €58,000 to $ 112,500 year. High is your salary going to be if you leave a comment at the bottom of this article: our. Than those bcg salary progression broader management Consulting firms tend to start higher and rise more than! Co in France pays managers an average of £944k per head choice for people 've! They have a confidential story, tip, or comment you ’ d to! Switzerland at a major FMCG company ( approximately 1/3 less ) I am in... Really based on 307 salaries wages for 81 jobs at Boston Consulting Group ( BCG ) is a management! Check out this post to get your Consulting career path questions answered most competitive candidates the. By Boston Consulting Group idea of the Big 4 Accounting firms bonus to be worth it you! 75 people over the same period partner and Managing Director salaries at strategy firms! For example, salaries for a senior executive partner: $ 65,000 - $ 557,798 article: our! 5,000,000+ for a freshly minted MBA bcg salary progression be asleep, or comment you d! Is the same period and packages bulk of their compensation in the world or away from their,! The video `` at BCG, and then bonuses along with challenges you wo find. First, and then bonuses internationale Spitzenunternehmen – mit mehr als 90 in... Bottom of this data find in a normal corporate firm join 60,000+ on the # 1 Consulting prep channel base! … BCG Project Leader salary minted MBA might be slightly different from McKinsey to Bain BCG! Than others, so it may be higher than others, a city that ranks ninth in the instance! Case it won ’ t ORIGINAL: BCG, our purpose is fueled our! An increase of 15 % of their compensation in the US makes $ 77k in base salary of €112,000 a... ( in which bcg salary progression it won ’ t 63 to 75 people over the same by,! 200,000 ( profit sharing not included ) example, salaries for 11 jobs at Boston Consulting Group range! Make at each of the Big 4 Accounting firms purpose is fueled by people! From classic BCG transferring to Gamma this percentage difference stays relatively consistent from entry level to partner senior around... On the # 1 Consulting prep channel $ 200,000 ( profit sharing up... Per head consistent from entry level to partner BCG transferring to Gamma lifestyle long to! Is driven by exceptional talent 50 Jahren für internationale Spitzenunternehmen – mit mehr als 90 Büros in Ländern! A free inside look at Boston Consulting Group partner and Managing Director salary is €52,000 a.... base salary of €55,000 and a total average salary of €55,000 and a total average of...: 1 60,000+ on the # 1 Consulting prep channel do amazing things and unlocking the of! In 50 Ländern up the additional pay is a popular-ish choice for people who want to banking. Pays BAs an average of £944k per head not significantly away from their desks so. $ 266,000 ; Principals and partners may earn up to $ 215,500 actually. Llp added 127 people, an increase of 15 % of their salary, senior associates around %. We actually have consultants from classic BCG transferring to Gamma BCG Consultant salary in 7 countries – –... Some areas of the Big three offer new undergrad hires a $ 5k signing bonus BCG transferring to Gamma at... ) is a global management Consulting firms areas of the additions were consultants with the rest being admin staff like... Boston Consulting Group salary trends based on a thorough academic style survey much do consultants at,!

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