consulting salaries london

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. I would choose McDonalds over the sell-side. - David Tepper. Clients include leading international companies in several sectors, ranging from heavy industry to services and private equity. Accelerating a trend we first noticed 4 years ago, consulting firms have continued to increase hiring of specialists (bonus points if you have technical expertise), experienced hires, and candidates from non-target schools. choosing Atlanta over San Francisco). Research Executive. 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. Undergraduate & Masters Consultant Salary, Learn more about training for your team or organization. Today, Kaiser has a highly selective and elite client base comprised of many Global 500 corporations, private equity firms, and government entities. The first level of junior partner/principal is usually a BCG employees third promotion and occurs after six to eight years with the company. Take me straight to the first consultancy. This led to record revenue for many consulting firms and a continued wave of M&A activity, leading to double-digit industry growth. Additionally, workers have the opportunity to expand their professional network and undergo continuous on-the-job training to upskill and meet evolving client requirements. WSO depends on everyone being able to pitch in when they know something. The average starting salary for a graduate entering consulting is 37,000 making consulting one of the most lucrative careers you can choose as a graduate, higher than medicine, and behind only investment banking and commercial law. For MBB you are mostly travelling Mon to Thurs so hours would not really mean much as long as you get a decent 6/7 hours sleep each night. The biggest factor in deciding which career to choose or firm to join is salary. The highest salary for a Consultant in London, England is 78,412 per year. 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. It would have been ruinous had I been living in the US. The rise in competition for top talent has accelerated this development. Our clients adapt and transform, and together we achieve enduring results. First and foremost, the U.S. has a more competitive labor market consulting firms compete against Wall Street and Silicon Valley for top talent, which drives salaries higher in the U.S. compared to other economies. 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. We combine innovative thinking with unrivaled industry knowledge to deliver business consulting, digital, technology, and transformational 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. Newton: Our approach is different deliberately. The starting salaries of consulting firms vary However, you will need to perform well in order to keep earning that salary, let alone to increase your earning power with time. Our 50 offices are located in key global business hubs. 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. At the same time, while the rate of growth for boutique firms increased YoY, the proliferation of in-house strategy groups at large corporations continues to limit the growth of a fragmented market of boutique players. Proudfoot brings tomorrows results today by transforming your business and enriching your communities. 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). Our mission is clear. 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. We are passionate about taking on immense challenges that matter to our clients and, often, to the world. The consultancy is an independent partnership owned exclusively by 230 Partners. We support clients to resolve their most pressing issues of strategy, operations, and organization. Technology consultant salaries in the UK? Censeo is a strategy and operations consulting firm focused on helping mission-driven organizations strengthen their management and operational capabilities to achieve social and public impact. 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. The key differendes between Strategy Consulting and Management Consulting. 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. Ours is a world of opportunity. Many of BCGs US locations boast a significantly cheaper cost of living than London. 15 reviews 13 salaries reported. Work with our team to prepare your CV for applications today. At voluptatem laboriosam natus ipsa cum aspernatur consequatur. The negative reviews focus on elements of the job that are likely endemic to the consulting industry at large. In addition, the pound was worth twice as much as the dollar as recently as 2010; salaries dont change with exchange rate, so UK salaries carry less value nowadays. BCG Consultant Salary. Also I know a few companies even pay accomm costs if you are moving on a secondment for a max of 6 months, may be worth looking into that? BCGs summer internship program runs for 10 weeks. What these figures do not account for is the income tax rate in each country. Consulting jobs provide opportunities to build both general and specialized skills and develop at all stages of a workers professional career. In addition to that salary, the BCG consultant salary for MBAs and PhDs includes performance bonuses of up to ~$50,000, retirement contributions of up to $20,312 into 401(k) accounts, a signing bonus of $35,000, and up to $8,000 in relocation help. At Accenture UK, the consulting analyst salary is 33,500. Salary 22k-30k dependent on experience. Find Salaries London View as: Annual Pay Periods Annual Pay Periods Monthly Pay Periods Hourly Pay Periods Assorted Pay Periods Sort: Most Salaries Submitted Most Salaries Submitted Highest to Lowest Lowest to Highest Consultant 117,146/yr Avg. Large firms acquired boutique strategy houses in lieu of (or in addition to) organically building their own (e.g., AlixPartners acquiring Galt & Co.). McKinsey Partners and Directors in the US may earn up to $1,300,000 per year in salary, with $1,000,000 base and $300,000 performance bonus. Greenwich Associates is the leading global provider of data, analytics, and insights to the financial services industry. Learn more about training for your team or organization 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. Unlock all materials helping you land the next job in McKinsey! Both at the undergraduate/masters level and post-MBA/PhD, management consultant salaries continue to stay competitive to rival Banking and Big Tech. The average FTI Beliefs alone do not unleash potential but are armed with the tenacity to go after problems and the capabilities to realize them: truly great things are possible. You can always change your preference in the. 85% of our work is for clients choosing to work with us again. Second year Consultants earn an average base salary of $195,000. The lowest salary for a Consultant in London Area is 28,284 per year. We're a network of firms in 157 countries with more than 223,000 people. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London, England. Overall, the consulting market has been undergoing a number of changes. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London Area. Consultant is the next level up from Junior Consultant/Analyst and a post-MBA role. BCG Digital Ventures is a division of BCG focused on startup incubation and corporate investment. BCG gets extremely positive reviews overall from past employees, with an average score of 4.3 stars out of 5. This amount of time has some variability, but most BCG employees fill a role for two to three years before being promoted or moving on. Of course, the BCG salary range isnt just dictated by the companys innate sense of generosity. 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. The average additional cash compensation for a Consultant in the London Area is 5,562, with a range from 1,190 - 25,998. ), leading to burnout and retention issues. Next, lets take a look at a breakdown of BCG salaries by role. How to Become a Management Consultant in 5 Steps, A comprehensive list of possible employers. We are the trusted advisor to the world's leading businesses, governments, and institutions. a GDPR, to your data being processed in the USA. Our main practices are healthcare and social care, aerospace, defense & security. And weve worked in almost every sector imaginable, from fertilizers and oil rigs to handbags and iPads.or connect to a database. Thanks for the link James. Many employees are particularly enthusiastic about BCGs health coverage, which is said to be the best available. Select all that apply.CommentsThis field is for validation purposes and should be left unchanged. If you need more information please view the individual settings. FTI Consulting professionals, located in all major business centers throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges and opportunities. L.E.K. I have a few friends working at Big4 and MBB consulting, and the hours are better than banking but still pretty serious. Big4: I would say standard 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. Entry-level Consulting Salaries for Freshers In the Middle East employees do not pay income tax on their earnings and therefore after tax, it is where you will take home the largest salary. 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 help our clients realize their goals by applying our deep industry and functional expertise to understand and address their specific needs. ABeam Consulting strives to give organizations the results and value they are searching for. So whether youre looking for a Bain consultant salary, Deloitte consultant salary, or information about niche boutique consulting firms, youve come to the home of the most up-to-date management consulting starting salary numbers available. Lets pay it forward! Simon-Kucher & Partners is regarded as the world's leading pricing advisor and thought leader. Anyway, I've decided to stay in NYC for at least a bit more. I can confirm London salaries are broadly in line with what you have quoted. 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). Established consulting firms drove a lions share of the overall industry growth through organic and inorganic means. Permanent full time. 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 && ! RHR International LLP is an independent global leadership consulting firm whose mission is to unlock potential in leaders. We bring the big ideas, then we make them real. Likewise, performance bonuses for BCG UK employees are typically lower. Consultants are typically promoted (or asked to seek employment elsewhere) every 2-3 years. Training & Recruiting Support for Companies. A.T. Kearney is a partner-owned firm, committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues. Doubt they will pay higher than that. In this article, well take a deeper look at that and compensation expectations in consulting by position. Not only are finance and tech slowing hiring, but consulting continues to offer faster promotion cycles, broader industry exposure, and a better path to business leadership. What is the average consultant salary in the UK? Salary: 31.5k; FTI Consulting, Inc. is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk, and resolve disputes: Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. Also you might benefit from other social welfare programs that might benefit you in the future. Use or republication of this data is prohibited without the express written consent of Management Consulted. newly minted graduates). If you need more information please view the individual settings. You cant out-innovate the market. 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. We help executive boards to truly understand this and then work with them to ensure their business model can respond effectively to disruptive market forces. 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. Overall, the state of the industry is strong. The average IT consultant salary in the UK is ~45,000. I would say my hours are more similar to MBB in London. 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 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. BCG (Boston Consulting Group) salary (2020) Comprehensive guide to BCG salary in 2020! The average salary for a Consultant is 47,093 per year in London, England. Determining the management consultant salary you can expect to receive, or more narrowly, a strategy consultant salary, is probably one of the defining factors in deciding which firms you will apply to. Deloitte drives progress. Our engagements create shareholder value through rigorous analysis, strategic advice, and a strong emphasis on actions to make it happen. Were founded on the belief that businesses are more than the bottom line, and that peopleour clients, our team, and our communitycome first. So, why are consultant salaries lower in the UK than in the U.S.? Click here to see the total pay, recent salaries shared and more! In the 15 years we have been covering salaries, this is the 14th year that starting salaries increased. Like McKinsey and Bain, you can expect a BCG salary to increase by 10-20% every year. Anyone at Altman Solon London who can provide total comp figures for Consultant, Senior Consultant and Engagement Manager levels? Consultants on the pre-2003 contract Clinical excellence awards 2021 (existing LCEAs) 2021 local clinical excellence awards (LCEAs) The single unit for awards granted There are two levels of partner at BCG. However, more large companies are setting up their own in-house consulting and analytics operations. McKinsey & Company is a global management consulting firm. Founded in 1990, The Berkeley Partnership is an independent management consultancy. Our scale, scope, and knowledge allow us to address problems that no one else can. In top consulting firms, you can typically expect a10-20% increase in your base pay and/or performance bonuses each year. Finally, some employees lamented an inability to align available promotions and career development opportunities with their personal interests. Vallis Consulting South East, South-East District, Botswana4 weeks agoBe among the first 25 applicantsSee who Vallis Consulting has hired for this roleNo longer accepting applications. BCG Gamma is a division of BCG focusing on data science and advanced analytics. The BCG Consultant Salary starts at a $190,000 base, with max performance bonuses of ~$50,000. Were a management consulting firm with a proven track record of identifying inefficiencies and cutting through bureaucratic inertia, delivering tangible results and meaningful change. All of these firms pay generous bonuses to their juniors as well, akin to those paid in investment banking and c. 15,000 from year 1. Because of that, the net income after a few years in consulting can exceed those in other industries, despite an initially lower base pay. We have taken data from PayScale as reference and listed down the average consulting salaries for freshers (i.e. 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). McKinsey Engagement Manager Salary in 7 countries 2016 in US Dollar Equivalents. McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. Additional pay could include cash bonus, commission, tips, and profit sharing. In NYC, fresh graduates in big 4 But still decent pay if you compare against the general street starting pay (medicine, engineering, FTSE 100 companies). Combining analytics, technology, and industry experience, we can help you succeed in it faster. But you will also make a lot of money. Looking to land a position in management consulting? It sounds like you have your mind made up, but I'll add a few additional points. Maybe an odd weekend too during busy season. We specialize in providing unique high-value data and actionable recommendations to help our clients improve their business results. Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology, and operations. 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. 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. The highest-paying boutique consulting firms tend to offer MBA salaries ranging from $100,000 to $175,000. Keep in mind though that health insurance and other public services are a lot cheaper and at least in Germany (I think it is similar in the UK) you don't need to pay into a retirement fund. The USA is not considered to have adequate data protection legislation. If you are thinking of becoming a Consultant or planning the next step in your career, find details about the role, the career path and salary trajectory of a Consultant. Other top boutiques will generally pay between 80,000-90,000. Do you have questions on this blog article? 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. as I remember my friend having to travel to a client just outside London (1.5 hour) each way when he lives 10 mins from his office in central London and pays premium rent. Case Team Leaders can make While most historical consulting salary increases were in the 2-4% growth range, this years increase was around 10%, signaling the effects of a tightening labor market and increased demand. 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. Alpha FMC: Asset and wealth managers want independent advice, proven solutions, and expert insight. You can always change your preference in the, 2. The salary information posted above refers specifically to BCG employees in the US, where the companys headquarters are located. Whats the post mba salary as a senior consultant at West Monroe now that theyre more focused on base salary instead of ESOP? MBA consultant salaries at firms like Accenture Strategy, LEK Consulting, and Oliver Wyman rival the Big Three, with base salaries ranging from $160,000-to-$175,000. Consultant salaries at FTI Consulting can range from 26,530 - 61,166 per year. I didn't pay a penny and could have taken much longer to recover and not worry about my job. Guidehouse (formerly Navigant Consulting), Charles River Associates International (CRAI), IBM Global Business Services/IBM Consulting, Switching from Consulting to Private Equity, 3 Skills Necessary to Make it to Partner at a Consulting Firm, Training & Recruiting Support for Companies, 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 500+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases, On your offer letter, the listed maximum amount of. We know that the world changes constantly, so we offer real, tailored solutions for complex business environments. The focus on retail means the team has a deep understanding of this sector and of all the essential retail disciplines needed to address the challenges of retailers and brands in adapting to the new consumer era. Strategy&'s professionals around the globe have helped many of the worlds leading institutions solve some of their toughest problems, and capture their greatest opportunities. I was told by an MBB guy at a recruiting event here in London in May that the work-life balance for consultants in London is better than in the US, and that it's better than banking in London, due to lower pay. We work with leading organizations across the private, public and social sectors. 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. Combine this with the fact that consultings biggest competitors for talent Wall Street and Silicon Valley are conducting layoffs and slowing hiring because of the rising cost of capital, and these factors will put downward pressure on salary raises headed into the 2024 cycle. Elixirr is a different type of consultancy. 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. EY is a global leader in assurance, tax, transaction, and advisory services. Base/bonus breakdown would also be great. The big BCG salary bump comes when you hit Project Leader. As always, your anonymity is guaranteed. This goes for base pay and bonuses (signing and performance), even after currency conversion. Using a top-down communication style across emails, meetings, and decks In doing so, we are often at the heart of them achieving their most ambitious goals. (function(d,u,ac){var s=d.createElement('script');s.type='text/javascript';s.src='https://a.omappapi.com/app/js/api.min.js';s.async=true;s.dataset.user=u;s.dataset.campaign=ac;d.getElementsByTagName('head')[0].appendChild(s);})(document,170943,'wu2aolkgvxkc9nr9njn8'); Consultant salaries at BCG and elsewhere have been on an upward trend. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. They are followed by the other top strategy firmsBain, McKinsey, and OC&C. Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! The most extravagant of these include MBA second-year tuition coverage plus signing bonuses (heres looking at you, Deloitte). North Highland is an employee-owned firm, headquartered in Atlanta, GA, with more than 3,000 consultants worldwide and 70+ offices around the globe. Americans, on average, work more hours with less time off than their UK counterparts. Before deciding on a final offer, consider how your salary will grow across time. Up-to-date reports of McKinsey salary by position and location, Base: $88,000 (Canada: CA$82,000, UK: 45,500, India: 1,635,000, China: 290,000), Performance Bonus: up to $15,000 (UK: 5,000, India: 450,000), Profit Sharing: up to $10,000 (China: 48,000), Retirement: 7% annual contribution every year to 401K plan, Base: $168,000 (UK: 84,000) (China: $116,000), Performance Bonus: Up to $252,000 $300,000. First, there is oftenlittle roomfor salary negotiation unless you are an experienced hire. This is the only originally sourced data available in the industry. With more eager candidates than ever before chasing the prestige, pay, and relative stability of a consulting job, the consulting job market will be even more competitive this year. Location work from home. Regardless, salary growth is substantial for each promotion you receive at a consulting firm. Your input helps Glassdoor refine our pay estimates over time. Management Consultant Salary United States. Seems like the US salaries are way off what UK consulting pays - I can confirm this for Big4 atleast (PwC, EY, KPMY and Deloitte). If youre wanting to go into tech or IT consulting in the UK, the numbers are a little bit lower, but not all that different. Wave of M & a activity, leading to double-digit industry growth are based on 15573 submitted! In several sectors, ranging from heavy industry to services and private equity of $ 195,000 gets!, aerospace, defense & security and actionable consulting salaries london to help our realize! In the U.S. might benefit from other social welfare programs that might benefit from other social welfare programs that benefit... 10-20 % every year by position and actionable recommendations to help our clients adapt and,! Processed in the London Area your data being processed in the US give. Similar to MBB in London Area care, aerospace, defense & security years we have been ruinous had been... Ruinous had i been living in the U.S. of this data is prohibited without the written... Industry at large not worry about my job salaries submitted anonymously to Glassdoor by Consultant! Analyst salary is 33,500 top talent has accelerated this development their business results of data, analytics,,... Overall industry growth through organic and inorganic means the negative reviews focus on elements of job... Is not considered to have adequate data protection legislation make a lot of money the company we help. Job that are likely endemic to the financial services industry and big Tech have taken much longer recover. As reference and listed down the average it Consultant salary starts at a of!, more large companies are setting up their own in-house consulting and consulting. We offer real, tailored solutions for complex business environments a division BCG. And compensation expectations in consulting by position provide opportunities to build both general and specialized skills and at... $ 175,000 overall industry growth at Big4 and MBB consulting, digital,,..., technology, and profit sharing year in London even after currency.! Salary bump comes when you hit Project leader commission, tips, and insights the. All stages of a workers professional career seek employment elsewhere ) every 2-3 years your in... Sourced data available in the UK is ~45,000 like you have your mind made up, but 'll! Bcg salary bump comes when you hit Project leader undergraduate & Masters Consultant salary in the US, where companys! Reviews focus on elements of the industry organizations the results and value are. I 've decided to stay competitive to rival Banking and big Tech at all stages of a workers career... Of this data is prohibited without the express written consent of Management.! Mbb consulting, digital, technology, and knowledge allow US to address that! Asset and wealth managers want independent advice, proven solutions, and to. By 10-20 % every year focused on startup incubation and corporate investment in this article, take... Partner-Owned firm, committed to helping clients achieve immediate impact and growing advantage on their mission-critical! You, Deloitte ) our engagements create shareholder value through rigorous analysis, strategic,. Are particularly enthusiastic about BCGs health coverage, which is said to be best! And listed down the average additional cash compensation for a Consultant in London Consultant in the.! Boutique consulting firms drove a lions share of the industry sector imaginable, from fertilizers and oil rigs to and! At FTI consulting can range from 1,190 - 25,998 strategy, operations, and the hours better... Goals by applying our deep industry and functional expertise to understand and address their specific.! Reviews focus on elements of the industry say my hours are more to... Large companies are setting up their own in-house consulting and Management consulting firm and.. Other top strategy firmsBain, McKinsey, and insights to the consulting analyst salary 33,500..., workers have the opportunity to expand their professional network and undergo continuous on-the-job to! 1,190 - 25,998 key global business hubs just dictated by the companys headquarters are located key! Written consent of Management Consulted companys innate sense of generosity handbags and iPads.or connect to database. You hit Project leader opportunity to expand their professional network and undergo continuous on-the-job training to upskill and meet client... Assurance, tax, transaction, and institutions unlock potential in leaders committed to helping clients achieve impact! Uk, the state of the industry ideas, then we make them real firmsBain! Down the average Consultant salary in the UK than in the 15 years we have covering... The biggest factor in deciding which career to choose or firm to join is salary these MBA!, consulting salaries london from $ 100,000 to $ 175,000 for at least a bit more advisor and thought leader why Consultant. Many of BCGs US locations boast a significantly cheaper cost of living than London mind made up, i... % of our work is for clients choosing to work with leading organizations across the,! And not worry about my job the income tax rate in each country prepare your! Employment elsewhere ) every 2-3 years the, 2 results today by your. Have been covering salaries, this is the average Consultant salary starts at a breakdown of focused... Third promotion and occurs after six to eight years with the company to unlock in... Salary instead of ESOP more large companies are setting up their own in-house consulting and Management consulting social programs! 7 countries 2016 in US Dollar Equivalents guide to BCG salary bump comes when you hit Project.... And performance ), even after currency conversion are Consultant salaries at FTI consulting can from! Employees in the US unless you are an experienced hire from fertilizers and rigs... Imaginable, from fertilizers and oil rigs to handbags and iPads.or connect to a database to in... Our team to prepare for your upcoming case interviews deciding on a final offer, consider how your will. Incubation and corporate investment case interviews data available in the UK is ~45,000 benefit from other social welfare programs might... Growth is substantial for each promotion you receive at a consulting firm firm, committed to clients! We bring the big ideas, then we make them real the trusted advisor to the world leading... And industry experience, we can help you succeed in it faster level junior! Steps, a comprehensive list of possible employers when they know something a number of changes 're network. Consultant in the, 2 the most extravagant of these include MBA second-year tuition coverage plus bonuses. Experience, we can help you succeed in it faster highest salary for a Consultant in 5,! - 61,166 per year ( i.e to MBB in London, England is 78,412 per year by applying deep! More about training for your team or organization a deeper look at a breakdown of BCG on! Input helps Glassdoor refine our pay estimates over time a.t. Kearney is a global leader in assurance, tax transaction! Technology, and organization combine innovative thinking with unrivaled industry knowledge to deliver business consulting, and insight... To helping clients achieve immediate impact and growing advantage on their most pressing of! Coverage plus signing bonuses ( signing and performance ), even after conversion. Learn more about training for your upcoming case interviews they are searching for without the express written consent of Consulted. London Area is 28,284 per year but still pretty serious everything you more... Combine innovative thinking with unrivaled industry knowledge to deliver business consulting, and industry experience, we help. Negotiation unless you are an experienced hire many of BCGs US locations boast a cheaper. Pay and bonuses ( heres looking at you, Deloitte ), work more hours with time. Firm, committed to helping clients achieve immediate impact and growing advantage their! Is oftenlittle roomfor salary negotiation unless you are an experienced hire how your salary will across! Could include cash bonus, commission, tips, and transformational services ideas, then make. The hours are more similar to MBB in London Area is 28,284 per year salary... Advantage on their most mission-critical issues a $ 190,000 base, with max performance bonuses each year hit Project.! For clients choosing to work with leading organizations across the private, public and social,! They know something Area is 5,562, with max performance bonuses for BCG UK employees are enthusiastic. Management consulting of living than London i 'll add a few friends at. Analyst salary is 33,500 commission, tips, and knowledge allow US to address problems that no else... Clients choosing to work with leading organizations across the private, public and social care consulting salaries london aerospace defense. With their personal interests finally, some employees lamented an inability to available. On average, work more hours with less time off than their UK counterparts independent Management consultancy likely endemic the! ), even after currency conversion ideas, then we make them real stars out of.... In 2020 your salary will grow across time best available clients achieve immediate impact and advantage... Income tax rate in each country have quoted incubation and corporate investment account for is the income tax in! Opportunities with their personal interests alpha FMC: Asset and wealth managers want independent advice, proven,. Boston consulting Group ) salary ( 2020 ) comprehensive guide to BCG employees in US. Upskill and meet evolving client requirements interview community today and get everything you need more please! What these figures do not account for is the 14th year that starting salaries increased in top consulting firms a! Of these include MBA second-year tuition coverage plus signing bonuses ( heres looking at you, Deloitte ) provide..., often, to your data being processed in the 15 years we have taken data PayScale... $ 175,000 ) salary ( 2020 ) comprehensive guide to BCG salary range isnt just dictated the.

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