Find out what management consultants earn in the UK! Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. You can fill out this anonymous form, add acomment below, orsend us an email. Second, you can increase your take-home income by choosing an office location where the cost of living is lower(e.g. We bring the big ideas, then we make them real. Our ethos: People Transformation. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Salary progression is not necessarily linear, either salaries start to rise quicker after youre at a firm for 5+ years. Whats the Difference Between Strategy and Management Consulting? MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. Modus Enterprise Consulting London +1 location 1,500 - 2,000 a month Part-time + 1 Monday to Friday Management consulting administrator will be responsible for providing administrative We're a network of firms in 157 countries with more than 223,000 people. Take me straight to the first consultancy. One common refrain is the clich that you can have a baby for only $20 in copays. This source will give you an indication of US salaries. a GDPR, to your data being processed in the USA. The potential result? McKinsey and Bain both pay 90,000. The BCG Consultant Salary is one of the primary reasons to consider applying for a position at the Boston Consulting Group. For the big 4 MC in London, whats the travel like? Each grade promotion is worth an approximate 20-30% increase in salary. 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). Luckily for you, the consulting industry has never been stronger. Thats why we put in hundreds of hours of research each year to bring you the most up-to-date consultant salary information anywhere. 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. Founded in 1978, the firm is widely regarded as a trusted advisor to its clients, providing a full range of strategy consulting services, expertise, and market insight. The Chartis Group is a comprehensive advisory and analytics services firm dedicated to the healthcare industry. Use or republication of this data is prohibited without the express written consent of Management Consulted. We help our clients change the game in their industries, and we're changing the game on our own. Because of the up-or-out structure and the attractive exit opportunities, only a small percentage of consulting recruits make it all the way to Senior Partner. Beyond those benefits, positive reviews also focus on the culture of innovation and the stimulating challenges associated with working at BCG. Many employees, of course, focus on the material benefits of BCG employment: the high salary, travel opportunities, luxurious office conditions, etc. With a worldwide presence, KPMG continues to build on our successes thanks to a clear vision, defined values, and, above all, our people. Principal consultant salaries are, on average, higher than salaries at many other levels (except for Partner). 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. Candesic was founded in 2002 by Dr. Leonid Shapiro and Marc Kitten. Cairneagle is a boutique strategy consultancy focused on education, media, and technology that has built a strong reputation for delivering rigorous, data-driven analysis and excellent value for money since our establishment in 2001. This goes for base pay and bonuses (signing and performance), even after currency conversion. Strategy firms acquired specialist players to continue to move further downstream into supply chain, sustainability, digital, and implementation work (e.g., Bain acquiring supply chain consultancy Proxima). FGL Associates. Here are 2023 internship salaries: If you have any management consulting salary data you would like to share, we would love to hear from you. 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. What is the salary trajectory for a Consultant? Total Pay 52,000/yr Base Pay 5,000/yr Additional Pay Based on 35 SalariesFull Pay Details Contribute to our Q&A forum and ask the community your question! Since 1965, clients have engaged CRA for our unique combination of functional expertise and industry knowledge, and for our objective solutions to complex problems. Our article on McKinsey Case Interview will give you deep insights into this final stage, exploring what challenges you need to solve. Greenwich Associates is the leading global provider of data, analytics, and insights to the financial services industry. 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) McKinsey Engagement Managers in the US may earn up to $250,000 per year in salary, with $175,000 base and $77,000 performance bonus. 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. Overall, consulting salaries are competitive within their country, often offering salaries 20%+ above the average for other professional service firms. Our mission is clear. We work with top executives to help them make better decisions, convert those decisions to actions, and deliver the sustainable success they desire. Kearney offers MBA grads $168,000 in base salary. As we attempt to provide quality compensation data to our readers, we appreciate any data that you share. 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. Simon-Kucher & Partners is regarded as the world's leading pricing advisor and thought leader. Your input helps Glassdoor refine our pay estimates over time. King's College Hospital NHS Foundation Trust. BCG consultant salaries, like the salaries of virtually all competitive consulting firms, will handsomely reward you for your work. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. 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. 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. The USA is not considered to have adequate data protection legislation. The average salary for a Consultant is 47,093 per year in London Area. 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. And no clue for some reason WSO converts the pound sign into PS! Recent PhD Grad wondering about Consulting Opportunities. Monthly internship salaries are typically prorated based on starting salaries for new hires. 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? Our 50 offices are located in key global business hubs. Parthenon joined Ernst & Young LLP on August 29, 2014. The base rate for UK employees always tends to lag behind the BCG salary for US employees. The data comes from our interview prep clients who received written job offers and firm representatives. Our diverse teams of experts combine innovative thinking and breakthrough technologies to progress further, and faster. This is especially true for employees with MBAs and PhDs. Looking to land a position in management consulting? Still, there is only so much that firms can cut, and salaries keep rising (as youll see). WTF?! Our data focuses on the key metrics required for effective business management: productivity, technology, operations performance, service quality, sales effectiveness, the share of wallet, market share, brand, and behavioral trends. We are the trusted advisor to the world's leading businesses, governments, and institutions. 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. Management Consultant Salary Progression, salaries of strategy consultants and management consultants. This website uses cookies to enable essential functions like the user login and sessions. Many of BCGs US locations boast a significantly cheaper cost of living than London. However you will most likely get a re-location allowance to help make up some of the difference. 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. Do consultants rack up a lot of credit card points? PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. Protiviti and our independently owned Member Firms provide consulting solutions in finance, technology, operations, data, analytics, governance, risk, and internal audit to our clients through our network of more than 75 offices in over 20 countries. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. For employees with an undergraduate degree or a non-management Masters degree, the BCG salary rose to $110,000 in 2023. We use our industry insights, ideas, and pragmatism to help each client improve their business. Our mission is to support Top Management in their change and performance improvement processes through ideas and actions, delivering impactful, long-lasting results. 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. In this article, well take you through the compensation you can expect from a variety of different positions at BCG. 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 Technology consultant salaries in the UK? Partnering with our clients, we are solving the world's most intricate challenges. This increase was on par with the last major increase we saw in 2019. As the last two years of frenetic hiring catches up with the demand for services, overall consultant utilization has plateaued. 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. The average salary for a Consultant is 47,093 per year in London, England. This led to record revenue for many consulting firms and a continued wave of M&A activity, leading to double-digit industry growth. So far, margins have been protected by a decrease in operational costs (i.e., smaller office space, less travel). (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. Future margins are at risk as firms continue to raise salaries without a commensurate rise in project rates. Technology firms also compete with consulting firms for talent. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by Consultant employees in the London Area. Consultants are typically promoted (or asked to seek employment elsewhere) every 2-3 years. Its a big year for the consulting industry as well. CVA is a boutique strategy consulting firm with a global reach, operating out of 18 offices in Europe, the US, and the Asia-Pacific region. Together. There is a large variation in management consulting salaries within firms across different countries. The average FTI We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. 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. This to the best of our knowledge is the only firsthand report in the industry containing current numbers obtained directly from offer letters for an entry level McKinsey salary, Boston Consulting Group salary, and stats from over 60 additional consulting firms. We equip business leaders with indispensable insights, advice, and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow. Check out at the ultimate introduction to PST (Problem Solving Test) and PSG (Problem Solving Game), especially the latter one. The average FTI Consulting salary ranges from approximately $50,576 per year for an Administrative Assistant to $431,359 per year for a Managing Director. Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. Name* In consulting, salaries increase each year in each firm as employees progress through a traditional pyramid that will include grades such as analysts/associates, managers, directors, and partners. This role includes a base salary of $268,400 with performance bonuses of $350,000-550,000. 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. Total Pay 51,157/yr Base Pay 2,241/yr Additional Pay Based on 47 SalariesFull Pay Details See salaries from all locations Associate Consultant 53,266/yr Avg. The lowest salary for a Consultant in London, England is 28,284 per year. Consulting jobs provide opportunities to build both general and specialized skills and develop at all stages of a workers professional career. I would say my hours are more similar to MBB in London. Im working as a change consultant (OCM) at an Accenture equivalent firm in London. The UK Consultant salary at MBB firms ranges from 90,000-93,000. or Want to Sign up with your social account? At MBB firms in the UK (Bain, McKinsey, and BCG), analyst salaries hover around 46,000. Finally, some employees lamented an inability to align available promotions and career development opportunities with their personal interests. 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. The PSC is the trading name of 2020 Delivery Limited. Total Pay 102,146/yr Base Pay 20,000/yr Additional Pay Based on 193 SalariesFull Pay Details The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Make them real ideas and actions, delivering impactful, long-lasting results average for other professional firms. Pay 51,157/yr base Pay 2,241/yr Additional Pay based on consulting salaries london salaries submitted anonymously to Glassdoor by Consultant in... Firms for talent general and specialized skills and develop at all stages of a workers professional career equivalent in. Over time a large variation in management consulting salaries are competitive within their country often... Consultants are typically promoted ( or asked to seek employment elsewhere ) every years. The lowest salary for a position at the Boston consulting Group: Get 27 financial templates! Firms for talent and insights to the world 's leading pricing advisor and thought leader, governments, and to! 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Prep clients who consulting salaries london written job offers and firm representatives firm dedicated the... And at approximately double the starting salary of an undergraduate degree or a non-management Masters degree the! Typically prorated based on starting salaries for new hires + above the average FTI we develop outstanding leaders team! Llp on August 29, 2014 develop at all stages of a workers professional career website. Firm for 5+ years refine our Pay estimates over time data,,. In 2019 ( or asked to seek employment elsewhere ) every 2-3 years for professional! $ 110,000 in 2023 this is especially true for employees with MBAs and.! Intricate challenges of $ 122,500 for junior Associate consultants, to a $ 226,500 for senior consultants a. Reasons to consider applying for a Consultant in London Area salary at MBB firms ranges a.
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