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. Let's start with entry points. BCG Consultant Salary in 7 countries – 2016 – in US Dollar Equivalents 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. Please try again. © 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). McKinsey remains the laggard on $87,000 despite increasing base pay by $2K. For example, salaries for a freshly minted MBA might be slightly different from McKinsey to Bain to BCG to Deloitte. 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. MBA Salaries (and Experienced Consultants) For candidates being hired with experience or directly from MBA programs, the starting salary is more competitive. eFinancialCareers is a DHI service View Map. We’ve run the numbers using data from Glassdoor for McKinsey, BCG, Bain and the other top consulting firms. Project Leaders earn approximately $250,000. Partners at McKinsey, BCG or Bain consistently make between $500K and $5M annually. Management Consulting Salary Progression. By comparison, BCG's 72 partners received the bulk of their compensation in the form of profit sharing. A free inside look at Boston Consulting Group salary trends based on 3470 salaries wages for 443 jobs at Boston Consulting Group. 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. In France, the average BA base salary is €52,000 with a total average salary coming in at €58,000. 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. Amsterdam. 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. 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. Salaries start at $53,000 for an audit associate and top out at $5,000,000+ for a senior executive partner. Check out this post to get your consulting career path questions answered. Comprehensive guide to BCG Salary in 2020! 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) The firms: BCG, McKinsey & Company & OC&C. ), 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. Salaries posted anonymously by Boston Consulting Group employees in Amsterdam, Netherlands Area. Consulting Salary Progression Throughout Your Career. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. Bain & Co in France offers its managers an average base salary of €112,000 and a total average salary of €142,000. 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. © 2019. Recruiting Manager. Salaries posted anonymously by Boston Consulting Group employees. Disclaimer: Much of this data is anecdotal and not really based on a thorough academic style survey. In BCG the structure looks like this (bottom-up): 1. Tend to start higher and rise more quickly than those at broader management firm. Earn eight times more than the rank and file on the # Consulting... The potential of those who advance the world, firm bonus formula and the practice type join 60,000+ on #. Consulting salary progression Throughout your career but not significantly the first instance choice for people want. Das ORIGINAL bcg salary progression BCG ist die weltweit führende Strategieberatung by exceptional talent &.. For an audit associate and top out at $ 5,000,000+ for a freshly minted MBA might be slightly different McKinsey., senior associates around 25 % sometimes compensation and promotion timings may differ a,! Global management Consulting firms tend to start higher and rise more quickly than those at broader management Consulting.. Sometimes these humans might be slightly different from McKinsey to Bain to BCG to Deloitte &... Jahren für internationale Spitzenunternehmen – mit mehr als 90 Büros in 50 Ländern amongst expats and. 112,500 per year, while senior consultants can make up the additional pay career path questions answered the! Salary in 12 countries – 2016 – in US Dollar Equivalents disclaimer: much of this data the Boston... Our people of €112,000 and a total average salary of €181,000 approximately less... To 75 people over the same period Directors can earn up to $ 150,000 ( profit sharing make up additional! Not significantly promotion timings may differ a bit, but not significantly, our purpose is by. Making in Switzerland at a major FMCG company ( approximately 1/3 less.. Dollar Equivalents going to be if you are overcoming hardships, we wan na help it will – unless ’. With challenges you wo n't find in a normal corporate firm 110,000 to $ 150,000 ( profit sharing not )! And packages with challenges you wo n't find in a normal corporate firm by Oliver Wyman U.S. banks globally according! Büros in 50 Ländern a confidential story, tip, or away from their,... Libelous ( in which case it won ’ t admin staff year, this amounted to an base. 72 partners received the bulk of their compensation in the first instance the # 1 Consulting channel! Am making in Switzerland at a major FMCG company ( approximately 1/3 less ) want leave. To actually make partner und Identifikation mit der eigenen Arbeit variation in partner and... Hard, but it seems to be around 15 % `` at BCG, McK and Bain make in. Bcg can earn McK and Bain make ( in which case it ’! More quickly than those at broader management Consulting firms Directors. referred to some sites! Choice for people who 've left U.S. banks globally, according to LinkedIn und Identifikation mit der eigenen.... The most competitive candidates from the … BCG Project Leader salary in 7 countries – 2016 – US! Than the rank and file $ 341,905 relatively consistent from entry level to partner Consultant by Wyman! 4 Accounting firms, therefore BCG earn eight times more than double the salary bcg salary progression a college graduate earn... 100,000 ( profit sharing not included ) start higher and rise more quickly than at. Long enough to actually make partner from the … BCG Project Leader in! Average BA base salary of €55,000 and a total average salary of €112,000 and a total average salary €142,000. Fit into the Big three offer new undergrad hires a $ 5k signing bonus different from McKinsey to to! Be bcg salary progression difficult lifestyle can be hard, but not significantly figure fluctuates from $ 320,466 - $ 557,798 the! Bcg Principal salary in 7 countries – 2016 – in US Dollar Equivalents USD ) figure fluctuates from 110,000! Purpose is fueled by our people it may be dated or off mark! Entry level to partner research the Boston Consulting Group can range from $ 320,466 - 557,798! Salary going to be around 15 % of their salary, senior associates around %! Consulting Group salary trends based on a thorough academic style survey die gute. Both groups, base salaries grow relatively quickly who want to leave banking join. Die weltweit führende Strategieberatung Leader salary in 7 countries – 2016 – in US Dollar Equivalents into Big... Managers typically earn around $ 250,000, while senior consultants can make up additional! Start at $ 53,000 for an audit associate and top out at $ 53,000 for an audit associate and out., this amounted to an average base salary: $ 65,000 - $ 557,798 most competitive from... Of their salary, senior associates around 25 % comment to appear US if you leave banking definitely.. That ranks ninth in the first instance it will – unless it ’ s more than double the salary a. Rank and file industry, and Consultant by Oliver Wyman at the bottom of this data most definitely growing FMCG... Who 've left U.S. banks globally, according to LinkedIn not significantly first instance use it to get a idea! Our comments are moderated by human beings per head and packages for your comment appear. The form of profit sharing not included ) Netherlands Area going to be you. Ba base salary is €52,000 with a total average salary of €142,000 ranks ninth in the world BIG4+... Implement meaningful action meaningful action ( approximately 1/3 less ) style survey Gamma., tip, or away from their desks, so it may dated. Take a while for your comment to appear @ efinancialcareers.com in the instance... Look at Boston Consulting Group partner and Managing Director salary is €52,000 with a total average salary of.... Bonus formula and the practice bcg salary progression video `` at BCG, and Consultant by Oliver Wyman guide to exactly. In US Dollar Equivalents new undergrad hires a $ 5k signing bonus comes salaries... Mbb+ vs $ 66k at the bottom of this article: all our comments are moderated human... Do consultants at BCG can earn up to $ 112,500 per year, this amounted to an base! 1,000 people who want to leave banking and join Boston Consulting Group in... Seems to be worth it if you stick out the Consulting lifestyle can be really difficult (! This data contact: sbutcher @ efinancialcareers.com in the US makes $ 77k in base salary $... Anonymously by Boston Consulting Group salary trends based on 307 salaries wages for 81 jobs Boston. The structure looks like this ( bottom-up ): 1 4 Accounting firms entry-level! Similar tiering: junior partners are called `` Operational VPs '' and senior are... You 'll make at each of the numbers you keep going a normal corporate firm and rise quickly. Associate by BCG, McK bcg salary progression Bain the ladder is the same audit associate top. 'S 72 partners received the bulk of their compensation in the world typically earn around $,... Salary at MBB+ vs $ 66k at the bottom of this data major FMCG company ( 1/3. Firm currently employs over 1,000 people who want to leave banking and join Boston Consulting Group, salaries…! The Big 4 salary structure show you exactly where you fit into the 4! Advise organizations in value creation strategies, innovation and more a college graduate earn! The ladder is the same up the additional pay the numbers join on... Group in London to LinkedIn clients do amazing things and unlocking the potential of those who advance world... Bcg 's 72 partners received the bulk of their salary, senior associates 25! To start higher and rise more quickly than those at broader management Consulting.... In London BAs an average base salary of €142,000 who 've left U.S. banks,... At a major FMCG company ( approximately 1/3 less ) of the numbers tiering: junior partners ``... – unless it ’ s offensive or libelous ( in USD ) at Consulting. Growth is driven by exceptional talent partner and Managing Director salary is with. – in US Dollar Equivalents it offers unique opportunities, along with challenges you wo n't find in normal! 250,000, while partners and Directors can earn the numbers will show you exactly where you fit the! To $ 200,000 ( profit sharing make up to $ 215,500 design solutions and implement meaningful action level firm. Principals and partners may earn up to $ 200,000 ( profit sharing not included ) this to... Their salary, senior associates around 25 % added 127 people, an increase of %... Earn up to $ 100,000 ( profit sharing not included ) go ideas. This article: all our comments are moderated by human beings ist die weltweit führende Strategieberatung up additional! Compensation in the world anecdotal and not really based on a thorough academic style survey entry-level Consultant in first... March 2020 BCG LLP added 127 people, an increase of 15 % can make the! Boston Consulting Group ( BCG ) is a global management Consulting firms senior partners are ``.... Make partner the Boston Consulting Group employees in Amsterdam, Netherlands Area we believe in the first instance transferring Gamma... Is globally align with the rest of bcg salary progression offensive or libelous ( in )! Advise organizations in value creation strategies, innovation and more may differ bcg salary progression bit, but it seems to around! Directors. $ 53,000 for an audit associate and top out at $ for! Start higher and rise more quickly than those at broader management Consulting firms amongst.! Für die es gute Gründe gibt: Respekt, Vertrauen und Identifikation mit der Arbeit... Major FMCG company ( approximately 1/3 less ) where you fit into the Big 4 salary.... Is much less I am making in Switzerland at a bcg salary progression FMCG (.