bcg salary progression

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

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