The highest-paying boutique consulting firms tend to offer MBA salaries ranging from $100,000 to $175,000. 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. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage. Sorry, you need to login or sign up in order to vote. In the following article, you will find a comprehensive list of London consulting firms to pick your personal target firms from A to Z. They come back to us because we deliver great value, from our multi-skilled in-house team, and we make things happen quickly. Javelin Group helps clients improve their competitiveness by anticipating and responding to the rapid changes in customer shopping habits and retail technologies. Intern average compensation is based on the hourly rate x 2,000 to get the yearly approximation If you would like to learn more about varying consulting firms and their ranking, check out the consulting industry report below! Also you might benefit from other social welfare programs that might benefit you in the future. These industry-wide trends make jumping across the pond less likely for U.S.-based consultants, and more likely for UK-based consultants. 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? This website uses cookies to enable essential functions like the user login and sessions. I was using a tax calculator. FGL Associates. 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 && ! Using a top-down communication style across emails, meetings, and decks We bring the big ideas, then we make them real. 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. Thats significantly lower than the average US BCG consultant salary of $165,000. We support clients to resolve their most pressing issues of strategy, operations, and organization. A global leader in consulting, technology services, and digital transformation, Capgemini is at the forefront of innovation to address the entire breadth of clients opportunities in the evolving world of cloud, digital, and platforms. Baringa Partners is an independent business and technology consultancy. BCGs summer internship program runs for 10 weeks. PwC UK pays Consultants a nice 85,000/year. It's fully expected that you'll use all or most of your allocation. Learn more about the salary as a management consultant! The biggest factor in deciding which career to choose or firm to join is salary. At OC&C Strategy consultants we have more than 30 years of experience in unpicking the most complex business challenges with simple, uncommon sense. Mck email format for someone with 3 names, 101 Investment Banking Interview Questions, Salary For Transaction Services Managers In London, Certified Private Equity Professional - 3rd+ Year Associate, Certified Consulting Professional - Principal, Sample Consulting Case Interview Questions, Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat Jan 21st - Only 15 Seats, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Private Equity Interview 1-Day Bootcamp OPEN NOW - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats. http:// managementconsulted .com /consulting-salaries/2015-management-consulting-salaries-undergraduate-mba-interns/. The estimated additional pay is 5,562 per year. 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. Working with faculty experts from leading business schools, economics departments, and law schools keeps us at the forefront of academic research, while industry experts share their practical experience and business acumen. Mollitia qui cupiditate consequatur magni tempore voluptatum. We have 207,000 outstanding professionals working together to deliver value in 153 countries and territories. RHR International LLP is an independent global leadership consulting firm whose mission is to unlock potential in leaders. More firms are starting to offer returning interns a larger signing bonus than full-time counterparts who interned somewhere else. There has been a wide proliferation of boutique consulting companies in recent years, but this has not hindered the growth of the top three firms: McKinsey, BCG, and Bain. Still, there is only so much that firms can cut, and salaries keep rising (as youll see). 67 See you on the other side! Overall, salaries for incoming undergraduate & masters students have risen significantly compared to last year. There are two levels of partner at BCG. Our mission is to support Top Management in their change and performance improvement processes through ideas and actions, delivering impactful, long-lasting results. All Rights Reserved. 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. 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) so basically you are still living at home but just commuting to different location every few weeks. Unlock all materials helping you land the next job in McKinsey! We are uncompromising in our approach to helping clients consistently make better decisions, deliver improved business performance and create greater shareholder returns. And weve worked in almost every sector imaginable, from fertilizers and oil rigs to handbags and iPads.or connect to a database. These numbers represent the We dont duck the difficult answers, we give clients the strategies they need. Where the UK differentiates itself in part is in benefits and culture. However you will most likely get a re-location allowance to help make up some of the difference. Consulting is a global management consulting firm that uses deep industry expertise and rigorous analysis to help business leaders achieve practical results with real impact. Consultant is the next level up from Junior Consultant/Analyst and a post-MBA role. Check out at the ultimate introduction to PST (Problem Solving Test) and PSG (Problem Solving Game), especially the latter one. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. Deloitte Government & Public Services Undergraduate & Masters 15 reviews 13 salaries reported. Consultants here specialize in AI and machine learning. The average salary for a Consultant is 47,093 per year in London Area. ABeam Consulting strives to give organizations the results and value they are searching for. To join McKinsey, candidates must pass through all three stages of the hiring process: Resume Screening => PST/ PSG => Case Interview. Our work combines advice with action and integrity. Founded more than 30 years ago, L.E.K. While most consultant work in the UK is centered in and around London, firms have a strong U.S. presence across cities, including New York City, Chicago, San Francisco, Dallas, Houston, Boston, Washington, DC and more. 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. The average annual Junior Consultant salary (AKA Consulting Analyst salary) in the UK is a bit under 40,000. Monthly internship salaries are typically prorated based on starting salaries for new hires. BCG data scientists earn an average salary of $108,000, with top earners paid over $140,000 a year. 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. 2005-2022 Wall Street Oasis. Assuming you are able to get hired as a consultant at BCG, you are sure to earn an attractive salary. The dunnhumby Customer Science Platform is our unique mix of technology, software, and consulting enabling businesses to increase revenue and profits by delivering exceptional experiences for their Customers in-store, offline and online. Today, Kaiser has a highly selective and elite client base comprised of many Global 500 corporations, private equity firms, and government entities. Outside of finance, post-MBA compensation packages are the highest in consulting out of any industry. Deloitte drives progress. Is compensation in the UK higher than in the U.S.? 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. And we help governments design innovative policies and regulatory systems. The negative reviews focus on elements of the job that are likely endemic to the consulting industry at large. The pay is not as far off as the original poster would suggest. Interested in company salary figures? SDG Group is a global management consulting firm, having a leading vision in the practices of Business Analytics, Corporate Performance Management, and Advanced Business Architecture. The BCG senior partner salary has a base rate of $276,500 with performance bonuses (well) in excess of $500,000 per year. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. The average FTI In NYC, fresh graduates in big 4 consulting start on 70+k and MBA SC hires start on 135k. 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. But we are also experts in finance, statistical modeling, game theory, market research, and even the psychological side of economics. It is now estimated to be worth more than11 billion (Source: Consultancy.uk) - despite Brexit and the political uncertainty. Value Partners is a Management Consulting and Digital firm, founded in Milan in 1993. Top companies for Consultants in United Kingdom. Contribute to our Q&A forum and ask the community your question! As strategies, technologies, and innovation collide, we turn complexity into opportunity. 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. Location work from home. You can always change your preference in the, 2. Making more effective live presentations Since January 2021, the PSG has replaced the PST in virtually all McKinsey offices. However, the salary growth in management consulting outpaces many industry positions. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. 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. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. Wow NYC salaries are significantly higher, if what you are quoting for US is correct. What is the salary trajectory for a Consultant? 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. 30,000 - 40,000 a year. 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 Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. 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. Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! MBB: Standard hours prob 8am to 8pm with until midnight and later during peak seasons. Seems like the US salaries are way off what UK consulting pays - I can confirm this for Big4 atleast (PwC, EY, KPMY and Deloitte). Then we develop a powerful way to solve it. This is the only originally sourced data available in the industry. WSO depends on everyone being able to pitch in when they know something. 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. Most surprisingly, consultant salaries in London are relatively lower given its high cost of living. 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. Roland Berger, founded in 1967, is the only leading global consultancy of German heritage and European origin. The average salary for Data Consultant is 48,894 per year in the London Area. 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. Salary progression for consultants in the UK is not unlike the progression anywhere else in the world. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. Simon-Kucher & Partners is a global consulting firm specializing in TopLine Power, which encompasses strategy, marketing, pricing, and sales. Requirements vary widely by industry, with workers being compensated more for higher education and specialization. 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. Weve been talking salaries for strategy consulting roles at MBB, the Big 4, and boutique firms. The base rate for UK employees always tends to lag behind the BCG salary for US employees. 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. So, why are consultant salaries lower in the UK than in the U.S.? Current comp is 32800. 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. Thanks for the link James. Seems like the US salaries are way off what UK consulting pays - I can confirm this for Big4 atleast (PwC, EY, KPMY and 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). At McKinsey, Bain, and BCG, management consulting salaries are relatively flat across all offices within a country. Our scale, scope, and knowledge allow us to address problems that no one else can. In London, fresh graduates start on only 32k which is equivalent to 50k. Why? 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. ABeams core values of Client Centric, Professional Excellence, Power of Diversity, Collaboration, and a New Global Dimension have been the foundation of our growth strategy. 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