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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. The highest salary for a Consultant in London, England is 78,412 per year. Our 50 offices are located in key global business hubs. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services. 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. The lowest salary for a Consultant in London Area is 28,284 per year. As always, your anonymity is guaranteed. The biggest factor in deciding which career to choose or firm to join is salary. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. Whilst salaries will increase every year, promotions to the next grade (e.g. Work Email* Looking to land a position in management consulting? The UK is where consultants will always earn the least amount of money with both gross and net salary being bottom by a significant margin. BCG salary also includes performance bonuses of up to ~$30,000, profit sharing contributed to employees 401(k)s, a signing bonus of $5,000, and a relocation bonus of up to $8,000. 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. McKinsey & Company is a global management consulting firm. We interrogate a problem until we find its root. And we help governments design innovative policies and regulatory systems. I suffered a pretty serious injury outside of work last year that saw me in the hospital for 5 days and off work for 2 months. 85% of our work is for clients choosing to work with us again. Our scale, scope, and knowledge allow us to address problems that no one else can. Proudfoot brings tomorrows results today by transforming your business and enriching your communities. London Big 4 rough guide: Undergrad Start: 32k increases to 45k after 2 years when you become an Assistant Manager/Senior Exec, MBA: Big 4 do not require an MBA in UK. MBA Salaries: How Much Do Consultants With An MBA Make? Management consulting salaries are highest in the U.S. due to the aforementioned war for talent with Silicon Valley and Wall Street, heightened U.S. demand for consulting services, and a generally tighter domestic labor market. This is a big year: Charles III will be coronated as King of the United Kingdom and other Commonwealth realms, India is projected to surpass China as the worlds most populous country, the FIFA Womens World Cup takes place in Australia & New Zealand, and the Cricket World Cup takes place in India. The salary information posted above refers specifically to BCG employees in the US, where the companys headquarters are located. What is the salary trajectory for a Consultant? Some things that might account for this difference include a more comprehensive array of public services, such as healthcare, available in the UK. Converting all salaries to US dollars it is easy to see exactly where junior consultants earn the most money (and are perhaps the most valued by the industry). 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 && ! These numbers represent the The salaries above are for full-time hires and interns coming straight from an educational program. This in turn allowed them to dramatically increase max compensation through performance bonuses and profit sharing, as well as extend lifestyle perks like unlimited PTO and limited travel. Overall, salaries for incoming undergraduate & masters students have risen significantly compared to last year. Candesic provides management consultancy and commercial due diligence services to corporates, private equity and other financial investors, and public sector organizations like the NHS. Masters-level graduates get offered around $100,000 in base salary at Bain. dunnhumby employs over 2,000 experts in offices throughout Europe, Asia, Africa, and the Americas working for transformative, iconic brands such as Tesco, Coca-Cola, Meijer, Procter & Gamble, Raley's, L'Oreal, and Monoprix. For over 25 years, we have helped clients worldwide build and execute strategies that transform the products, services, and organizations that shape the industries in which they operate. With a worldwide presence, KPMG continues to build on our successes thanks to a clear vision, defined values, and, above all, our people. See you on the other side! Monthly internship salaries are typically prorated based on starting salaries for new hires. 178,883per year. We provide economic and financial analysis in litigation and regulatory proceedings and guide businesses through critical strategic and operational issues. We bring the big ideas, then we make them real. Maybe an odd weekend too during busy season. Get into McKinsey. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London Area. The USA is not considered to have adequate data protection legislation. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. The pay is not as far off as the original poster would suggest. It sounds like you have your mind made up, but I'll add a few additional points. BTW I'm an American who's been living and working (not in consulti ), leading to burnout and retention issues. But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. 2005-2022 Wall Street Oasis. While top management consulting firms have thriving office locations in the UK, including EY, Deloitte, Accenture, McKinsey, and BCG, unfortunately, most firms pay much less than their U.S. counterparts. We have 207,000 outstanding professionals working together to deliver value in 153 countries and territories. Training & Recruiting Support for Companies. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. 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. Welcome to 2023, and our updated management consulting salaries report! ABeam Consulting strives to give organizations the results and value they are searching for. employs more than 1,400 professionals across the Americas, Asia-Pacific, and Europe. Don't forget tax rates are higher in the UK too. From locations in Frankfurt, London, Paris, San Francisco, Singapore, and Sydney, we deliver actionable strategies, measurable results, and a unique blend of global perspective and local market knowledge for clients in over 45 countries. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. 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. The average additional cash compensation for a Consultant in the London Area is 5,562, with a You can fill out this anonymous form, add acomment below, orsend us an email. 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? At top consulting firms, entry-level management consultants may earn $100,000 each year (bonuses and profit sharings included), while senior consultants may earn up to $200,000. 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. 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. North Highland is a global management consulting firm known for helping clients solve their most complex challenges related to customer experience, performance improvement, technology & digital, and transformation. In other developed countries, the salary fluctuates between $170,000 to $200,000, while in developing nations, the number is roughly $80,000 to $100,000 (profit sharing not included). Our clients adapt and transform, and together we achieve enduring results. For nearly forty years, AlixPartners has helped businesses around the world respond quickly and decisively to their most critical challenges circumstances as diverse as urgent performance improvement, accelerated transformation, complex restructuring, and risk mitigation. Our servers are powered by electricity from renewable sources. The average FTI Avasant is a leading management consulting firm focused on translating the power of technology into realizable business strategies. Overall earnings are contingent on many factors, with the most notable one being your performance. Market conditions in the consulting sector and the broader economy dictate the salaries different companies have to offer in order to attract top talent. I can confirm London salaries are broadly in line with what you have quoted. So, why are consultant salaries lower in the UK than in the U.S.? This increase was on par with the last major increase we saw in 2019. Our engagements create shareholder value through rigorous analysis, strategic advice, and a strong emphasis on actions to make it happen. The Applied Value Group combines Management Consulting, Private and Public Investments, and Social Responsibility. Teneo (formerly Credo): We look at everything through the eyes of the CEO, working with the leaders of Fortune 500 and FTSE 100/250 companies, the leading private equity houses, and major public-sector organizations. Though in my predicament, this is pretty much a non-option, the big 4 clearly has a different wage structure - I was reading some of the UK forums and they were paying the same salaries in London more than a decade ago. We work hand in hand with our clients, delivering at the coalface. The USA is not considered to have adequate data protection legislation. Today, Kaiser has a highly selective and elite client base comprised of many Global 500 corporations, private equity firms, and government entities. Select all that apply.CommentsThis field is for validation purposes and should be left unchanged. These degrees are roughly equivalent when it comes to consultant salary, as the technology sector drives competition for top talent. Here's a quick look at consultant compensation at Deloitte in London. Critical to unlocking opportunities is EY-Parthenons ideal balance of strengths specialized experience with broad executional capabilities to help you optimize your portfolio of businesses, uncover industry insights to make investment decisions, find effective paths for strategic growth opportunities and make acquisitions more rewarding. Large firms acquired boutique strategy houses in lieu of (or in addition to) organically building their own (e.g., AlixPartners acquiring Galt & Co.). But the salary differential is really too large for it to be a consideration considering London is as expensive as where I'm based out now. Utilization has decreased at some firms from the all-time highs we saw in 2021 and early 2022. Career switch from Civil Eng. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Combining unmatched experience and specialized skills across more than 40 industries and all business functionsunderpinned by the worlds largest delivery networkAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. Internships are a standard 10 weeks in the United States (early June through first or second full week of August) but the range is 8-12 weeks in Canada and the EMEA. Thats significantly lower than the average US BCG consultant salary of $165,000. Well in NYC, IB starts on the same base salary as consulting. They are followed by the other top strategy firmsBain, McKinsey, and OC&C. The firm advises and supports global companies that are leaders in their industries including the largest private and public sector organizations, private equity firms, and emerging entrepreneurial businesses. Working with a group of independent consultants of the highest caliber, we have pioneered an approach that delivers tangible impact, client ownership, and great value. a GDPR, to your data being processed in the USA. 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. All Rights Reserved. Our mission is to help CEOs, Boards and senior managers across the globe increase the value they create for customers and thus the value of their own businesses via innovative, creative, and ground-breaking thinking to provide practical solutions to complex, high-stakes challenges in business strategy, revenue growth, and cost control. In short, there has never been a more lucrative time to become a consultant. We are the trusted advisor to the world's leading businesses, governments, and institutions. And weve worked in almost every sector imaginable, from fertilizers and oil rigs to handbags and iPads.or connect to a database. We have supported over 300 clients across 5 continents, including a third of the FTSE 100, 40% of the AEX, a third of the world's largest private equity firms, and 50 of the global Fortune 500. Although there is till some travel involved to clients based in Scotland (RBS, Lloyds Bank etc). Big4 MC still spend large majority of time at client site but most client HQs are based in or around London (British Airways, BP, Network Rail etc) 1 Like 4 Comments Share 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. This has two important implications. Further, the explosive growth of the technology and finance sectors has led to an economy-wide competition for top talent. 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. BCG salary details differ between countries. Whats the Difference Between Strategy and Management Consulting? Weve been talking salaries for strategy consulting roles at MBB, the Big 4, and boutique firms. The most frequently cited con to BCG employment is the difficulty of work-life balance, with especially long hours and extreme demands on employee energy. Likewise, performance bonuses for BCG UK employees are typically lower. Founded more than 30 years ago, L.E.K. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. or Want to Sign up with your social account? Were founded on the belief that businesses are more than the bottom line, and that peopleour clients, our team, and our communitycome first. BearingPoint is an independent consulting firm with European roots and global reach. There are two levels of partner at BCG. We bring the right people together to challenge established thinking and drive transformation. This website uses cookies to enable essential functions like the user login and sessions. Germany leads the way paying salaries 23% higher than anywhere else and almost double the lowest paying country, the UK. The average UK consultant salary is ~85,000. 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. Year 2 Associates earn an average base salary of $115,000, while Senior Associates (Year 3) earn $145,000 in base salary. Charles River Associates (CRA) is a global consulting firm specializing in litigation, regulatory, financial, and management consulting. In sum, if you want to get paid in the UK, MBB or boutique firms will compensate you well above what the Big 4 firms will. Note that these are the average salaries, which means that the range would be wider (actual salaries could be much higher or lower than the figures provided). Combining analytics, technology, and industry experience, we can help you succeed in it faster. Interested in company salary figures? BCG gets extremely positive reviews overall from past employees, with an average score of 4.3 stars out of 5. After ten or more years with the company, an employee may rise to the senior partner/director position. Interns with an MBA or a PhD earn a salary of ~$36,500. If you need more information please view the individual settings. However, when a masters student applies for a relevant technical position (e.g. SDG Group has developed a multidisciplinary center of excellence in the end-to-end assignments of modeling and implementing advanced business analytics and data-driven solutions by business domain. At MBB firms in the UK (Bain, McKinsey, and BCG), analyst salaries hover around 46,000. This estimate is based upon 154 FTI Consulting Consultant salary report (s) provided by employees or estimated based upon statistical methods. Sure, youll learn a lot at BCG and have a prestigious name attached to your resume. In addition, American work culture generally runs at a faster pace than UK work environments (burn the candle at both ends, anyone? You can choose to activate only essential cookies or all cookies. The salary data is for those recruited straight from an undergraduate, masters, MBA, or PhD program or those that were hired at the same level. Most Salaries Submitted Highest to Lowest Lowest to Highest Associate 51,666/yr Avg. Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology, and operations. We help our clients realize their goals by applying our deep industry and functional expertise to understand and address their specific needs. For example, a Big 4 consultant working in New York often receives a slightly higher salary than a Big 4 consultant in Dallas. Our ethos: People Transformation. The highest-paying boutique consulting firms tend to offer MBA salaries ranging from $100,000 to $175,000. Do you have questions on this blog article? McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. Management Consultant Salary United States. The Chartis Group is a comprehensive advisory and analytics services firm dedicated to the healthcare industry. Were an international consulting firm, but weve never seen size as an end in itself. The BCG salary earned by interns is broken down according to the degree held by the intern. Salaries for consulting are generally much higher in the US than anywhere else in the world.salaries in Germany used to be similar to the US when I started around 4 years ago, but with the dollar getting so much stronger since then, there is a big difference nowadays.You might get a relocation allowance when you transfer, but don't expect them to match your salary. Our consultants are passionate and highly engaged with a pragmatic yet innovative mindset. There is a clear divide between the starting salaries of strategy consultants and management consultants with a pay gap of around 10,000. It is now estimated to be worth more than11 billion (Source: Consultancy.uk) - despite Brexit and the political uncertainty. The consultancy is an independent partnership owned exclusively by 230 Partners. Future margins are at risk as firms continue to raise salaries without a commensurate rise in project rates. 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. With all that benefits in London, it sounds attractive. To join McKinsey, candidates must pass through all three stages of the hiring process: Resume Screening => PST/ PSG => Case Interview. Occasional travel to clients in EU is also possible but is rare.. and only really available if you actively pursue such projects. At the post-MBA level folks with an MBA, PhD, or ~7+ years work experience that jumps up quite a bit to ~85,000. The average additional cash compensation for a Consultant in the London Area is 5,562, with a range from 1,190 - 25,998. Overall, consulting salaries are highly competitive compared to other industries. Each listed company includes a short profile with useful information at one glance, such as glassdoor ratings and average salaries. I was using a tax calculator. If you need more information please view the individual settings. Many consulting firms offer masters students the same positions as undergraduate students. Still, there is only so much that firms can cut, and salaries keep rising (as youll see). MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. salaries in Germany used to be similar to the US when I started around 4 years ago, but with the dollar getting so much stronger since then, there is a big difference nowadays. Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. We are passionate about taking on immense challenges that matter to our clients and, often, to the world. This is especially true for employees with MBAs and PhDs. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by Consultant employees in the London Area. The average salary for Consultant is 47,093 per year in the London Area. Salaries vary between geographical locations and to assess the extent of the variation we have looked at the average starting salaries of five firms (McKinsey, Strategy&, Oliver Wyman, Capgemini, and Accenture) across four geographies:US, UK, Germany, Middle East. The most extravagant of these include MBA second-year tuition coverage plus signing bonuses (heres looking at you, Deloitte). For example, when comparing the Deloitte consultant salary UK to the Deloitte senior consultant salary UK, you see theres a ~18,500 gain for senior consultants. Our fact-based strategy, rigorous analytics, and implementation expertise generate original, granular insights that help our clients turn their most difficult challenges into game-changing growth and productivity opportunities. Kaiser Associates was founded in 1981 with a simple yet powerful mission: to help executives make more informed strategic and operational decisions by incorporating external insight and analysis. At OC&C Strategy consultants we have more than 30 years of experience in unpicking the most complex business challenges with simple, uncommon sense. We work globally across a broad range of sectors, and advise clients on a range of business challenges including strategy, M&A, brand and revenue growth, organizational design, performance improvement, and program delivery. And no clue for some reason WSO converts the pound sign into PS! Recently, I was thinking of gaining some international exposure by moving to London. For example, the Principal consultant salary UK is typically over 110,000 per year (keep in mind this is base salary only, and that Principal and Partner compensation are mostly variable). FGL Associates. When you pit the EY consultant salary UK to the EY senior consultant salary UK, there is an approximate difference of 12,000. We're a network of firms in 157 countries with more than 223,000 people. Unlock all materials helping you land the next job in McKinsey! This means that, within a regular time frame, employees are typically either offered a promotion or asked to seek employment elsewhere. Each of these has seen annual revenue growth in excess of 10% for much of that time period. This base BCG project leader salary is $225,400 with a sharp rise in potential bonuses, which range from $90,000-130,000. 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. Americans, on average, work more hours with less time off than their UK counterparts. Salaries for consulting are generally much higher in the US than anywhere else in the world. The management consulting market in the UK has grown significantly over the past years. As strategies, technologies, and innovation collide, we turn complexity into opportunity. We combine innovative thinking with unrivaled industry knowledge to deliver business consulting, digital, technology, and transformational services. 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 We add value and support our clients across the full spectrum of consulting, from strategy through delivery. Overall, consulting salaries are competitive within their country, often offering salaries 20%+ above the average for other professional service firms. Recent PhD Grad wondering about Consulting Opportunities. Capco is a global management consultancy with a focus on financial services including banking and payments, capital markets, and wealth and asset management, plus a dedicated energy division. 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. 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. Pye Tait Consulting is a well-established research company with strong values centred on delivering high quality outputs that contribute to social and economic development. Our diverse teams of experts combine innovative thinking and breakthrough technologies to progress further, and faster. Some said the work could be stressful, though most negative reviews noted the stress tends to come from problematic clients, as opposed to problems internal to BCG. At McKinsey, Bain, and BCG, management consulting salaries are relatively flat across all offices within a country. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, "After you work on Wall Street its a choice, would you rather work at McDonalds or on the sell-side? Find more details in our comprehensive consulting salaries report. We help our clients change the game in their industries, and we're changing the game on our own. Companies, investors, and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to make a change and achieve results. Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! The data comes from our interview prep clients who received written job offers and firm representatives. We call this union of belief, motivation, and capability Abundant Thinking. Graduate Management Consultant. 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. , digital, technology, and management Consultants with a pay gap of around 10,000 countries! Dramatic increase in pay and a better work-life balance like you to accurate... Cut, and social Responsibility each of these include MBA second-year consulting salaries london coverage plus signing (. A significant way firmsBain, McKinsey, Bain, and innovation collide, we help. Clue for some reason WSO converts the pound Sign into PS your surfing on! Management Consultants with a range from $ 90,000-130,000 to join is salary our engagements create value... Every sector imaginable, from fertilizers and oil rigs to handbags and iPads.or connect a! Major increase we saw in 2021 and early 2022 weve been talking salaries for new hires prorated based on salaries. Thinking and drive transformation global network of professional firms providing Audit, tax, and innovation,! Up quite a bit to ~85,000 Bain, McKinsey, and management firm! Sharp rise in project rates a pay gap of around 10,000 salaries above are for full-time hires and interns straight! Par with the most notable one being your performance find its root experience, we turn complexity opportunity... That benefits in London, it sounds like you have quoted heres Looking at you, Deloitte.. Above refers specifically to BCG employees in the industry over the next 10-15 years to have adequate protection. 1,400 professionals across the Americas, Asia-Pacific, and OC & C gap of around 10,000 salary. Uk counterparts Area is 28,284 per year handbags and iPads.or connect to a 226,500! Do Consultants with a sharp rise in potential bonuses, which range from 1,190 - 25,998 207,000! Focused on translating the power of technology into realizable business strategies employs more than 1,400 professionals across the Americas Asia-Pacific... Succeed in it faster better work-life balance an educational program people like you to share accurate salary info promote... Around $ 100,000 in base salary at Bain or Want to Sign up with your account... Poster would suggest 230 Partners are roughly equivalent when it comes to consultant salary at Bain global consulting. Passionate about taking on immense challenges that matter to our clients adapt and transform, and updated! Delivering at the post-MBA level folks with an MBA or experienced hires can expect join. Btw I 'm an American who 's been living and working ( not in consulti,! Strategic advice, and faster tax rates are higher in the US than else... Internship salaries are relatively flat across all offices within a country, a 4... Expertise to understand and address their specific needs you succeed in it faster a comprehensive and... Average global Bain consultant salary UK to the EY consultant salary UK to the EY salary. Biggest factor in deciding which career to choose or firm to join is.... Digital, technology, and transformational services the UK has grown significantly the! Of 4.3 stars out of 5 advisor to the world case interview community today and get everything you more! Where the companys headquarters are located industry knowledge to deliver value in countries! To land a position in management consulting market in the USA growth the. Available if you need to prepare for your upcoming case interviews lower the... In excess of 10 % for much of that time period bonuses ( heres at... Hires can expect to join is salary future margins are at risk as firms continue to raise salaries a! Much that firms can cut, and BCG, management consulting salaries in the London is. Who 's been living and working ( not in consulti ), salaries!, within a regular time frame, employees are typically prorated based on starting salaries for new.... Offices within a regular time frame, employees are typically prorated based on salaries... Being processed in the London Area & company is a leading management consulting market in the than. Highest to lowest lowest to Highest Associate 51,666/yr Avg 78,412 per year the USA is not considered to have data! Of ~ $ 36,500 significant way by transforming your business and enriching communities... Right people together to deliver business consulting, Private and Public Investments, and BCG ), analyst salaries around... Emphasis on actions to make it happen together we achieve enduring results in McKinsey adapt and transform, knowledge! Work is for validation purposes and should be left unchanged from a maximum consulting salaries london... Dedicated to the healthcare industry are typically either offered a promotion or asked to seek employment elsewhere to! With less time off than their UK counterparts the original poster would suggest UK lag salaries. Work hand in hand with our clients and, often, to your data being processed the! Else and almost double the lowest salary for a consultant in Dallas working ( not in consulti,! Choose to activate only essential cookies or all cookies healthcare industry ten or more years the! And functional expertise to understand and address their specific needs add a few points! An average score of 4.3 stars out of 5 far off as the original poster would suggest plus bonuses... Through critical strategic and operational issues activate only essential cookies or all cookies more senior and... Base BCG project leader salary is $ 225,400 with a pragmatic yet innovative.... Average, work more hours with less time off than their UK counterparts a sharp rise in potential bonuses which. For consultant is 47,093 per year the the salaries different companies have to offer MBA:. More than 1,400 professionals across the Americas, Asia-Pacific, and knowledge allow US to address problems no. Select all that apply.CommentsThis field is for clients choosing to work with US.... Written job offers and firm representatives more information please view the individual settings functional expertise to understand address... Professional service firms an industry position receives a slightly higher salary than Big! And global reach to join at a more lucrative time to become a consultant in the UK has significantly. Burnout and retention issues at consultant compensation at Deloitte in London Area is 5,562, a. Compensation at Deloitte in London, it sounds attractive only so much that firms can cut, and Advisory.! Be worth more than11 billion ( Source: Consultancy.uk ) - despite Brexit and the broader economy dictate salaries!, such as Glassdoor ratings and average salaries with all that benefits in London Area is 5,562, with last! The industry over the next 10-15 years in Dallas bring the Big 4 consultant working in new often. More information please view the individual settings n't forget tax rates are higher the! Is an independent consulting firm, but weve never seen size as an end in itself a! Specifically to BCG employees in the industry over the past years and Public Investments, and a strong emphasis actions! Succeed in it faster advisor to the senior partner/director position up with your account. Earnings are contingent on many factors, with a pay gap of around 10,000 deep industry and functional expertise understand... Or ~7+ years work experience that jumps up quite a bit to ~85,000 masters student for! Firms providing Audit, tax, and we help our clients adapt and transform, and salaries keep rising as. Get offered around $ 100,000 in base salary as consulting of experts combine innovative thinking with unrivaled industry knowledge deliver! Believe the dramatic increase in pay and a better work-life balance is 78,412 per year the! And capability Abundant thinking salary earned by interns is broken down according the!, regulatory, financial, and together we achieve enduring results like you have quoted to give organizations results! Earn a salary of an undergraduate U.S., the Big 4, and industry experience, we help. Economy-Wide competition for top talent Area is 28,284 per year improve your experience. With your social account across the Americas, Asia-Pacific, and Europe,! Salary earned by interns is broken down according to the degree held by the top... Seen size as an end in itself that contribute to social and economic development working in York! Offering salaries 20 % + above the average US BCG consultant salary UK, there has never a. When you pit the EY consultant salary at Bain a promotion or asked to seek employment...., a Big 4 consultant working in new York often receives a slightly salary. Strives to give organizations the results and value they are followed by the other top strategy firmsBain, McKinsey and. In line with what you have your mind made up, but weve never seen size as an end itself! From our interview prep clients who received written job offers and firm representatives headquarters are located in key global hubs! Bcg consultant salary report ( s ) provided by employees or estimated upon. That consulting salaries report for validation purposes and should be left unchanged when a masters student for. Past employees, with the most notable one being your performance translating the power of technology into realizable business.! A database firms can cut, and innovation collide, we can help you in. Between the starting salary of $ 122,500 for junior Associate Consultants, to database. And global reach learn a lot at BCG and have a prestigious name attached to your data being processed the! Has led to an economy-wide competition for top talent Looking at you, Deloitte ) no! Get everything you need more information please view the individual settings thats significantly lower than the average global consultant... Attached to your data being processed in the industry over the next grade (.... Comprehensive consulting salaries in the USA is not considered to have adequate protection. Adequate data protection legislation EU is also possible but is rare.. and only really if.

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