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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. McKinsey and Bain both pay 90,000. BearingPoint is an independent consulting firm with European roots and global reach. Take me straight to the first consultancy. Weve been talking salaries for strategy consulting roles at MBB, the Big 4, and boutique firms. Management Consultant Salary Progression, salaries of strategy consultants and management consultants. Both at the undergraduate/masters level and post-MBA/PhD, management consultant salaries continue to stay competitive to rival Banking and Big Tech. Second year BCG project leaders earn $232,200 in base salary. Currently at a T2 generalist firm and thinking of switching, but would be good to get a sense of comp progression (Glassdoor data seems incomplete). Compared to the rest of the world, the United Arab Emirates, Singapore, Switzerland, and Canada also boast relatively high consultant salaries. Finally, some employees lamented an inability to align available promotions and career development opportunities with their personal interests. If you need more information please view the individual settings. Rapid7 salary and other benefits for a consultant role (penetration tester)? The typical FTI Consulting Consultant salary is 40,220 per year. The longer you stick around (or are allowed to stick around, given that many firms have up or out policies) the more money youll make. 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. WSO depends on everyone being able to pitch in when they know something. Most Salaries Submitted Highest to Lowest Lowest to Highest Associate 51,666/yr Avg. At voluptatem laboriosam natus ipsa cum aspernatur consequatur. Im working as a change consultant (OCM) at an Accenture equivalent firm in London. I'm probably (definitely) not going to stay in the UK long enough to collect a pension, so the insurance is essentially additional tax. 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. Candesic was founded in 2002 by Dr. Leonid Shapiro and Marc Kitten. You cant out-innovate the market. So, why are consultant salaries lower in the UK than in the U.S.? Since 1926, we have been trusted advisors to the world's foremost organizations. 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. And the most important and difficult part of the hiring process Case Interview that determines whether you land an offer at McKinsey. At BCG, Consultant is the title for new hires who hold an advanced degree (MBA, PhD, JD, MD, etc.). The firm is headquartered in London, United Kingdom with additional offices in France, Spain, Italy, and India. Since January 2021, the PSG has replaced the PST in virtually all McKinsey offices. Many consulting firms offer masters students the same positions as undergraduate students. EY is a global leader in assurance, tax, transaction, and advisory services. Charles River Associates (CRA) is a global consulting firm specializing in litigation, regulatory, financial, and management consulting. Base/bonus breakdown would also be great. Many employees are particularly enthusiastic about BCGs health coverage, which is said to be the best available. Recent PhD Grad wondering about Consulting Opportunities. This source will give you an indication of US salaries. 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). Anyway, I've decided to stay in NYC for at least a bit more. This means that, within a regular time frame, employees are typically either offered a promotion or asked to seek employment elsewhere. Our collaborative and efficient approach helps clients reduce costs, and manage risk and regulatory change while increasing revenues. This estimate is based upon 154 FTI Consulting Consultant salary report (s) provided by employees or estimated based upon statistical methods. Founded in 1985, the company now has around 1,300 professionals in 38 offices worldwide. Were a management consulting firm with a proven track record of identifying inefficiencies and cutting through bureaucratic inertia, delivering tangible results and meaningful change. a GDPR, to your data being processed in the USA. Anyone at Altman Solon London who can provide total comp figures for Consultant, Senior Consultant and Engagement Manager levels? 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 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. Whilst Germany pays the highest gross salary they also have a top rate tax band of 45% of earnings making the take-home considerably less. 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. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. Thats why we put in hundreds of hours of research each year to bring you the most up-to-date consultant salary information anywhere. It pays to be in the US both from a salary and cost-of-living perspective. Our engagements create shareholder value through rigorous analysis, strategic advice, and a strong emphasis on actions to make it happen. Together, we crack some of the largest and most complex challenges in the public and private sectors, by pinpointing and implementing the changes that will create the greatest impact. Bain & Company is one of the world's leading business consulting firms. 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. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. Second, you can increase your take-home income by choosing an office location where the cost of living is lower(e.g. CIL is an independent management consultancy. Medicspro. This is especially true for employees with MBAs and PhDs. Our mission is clear. ), leading to burnout and retention issues. Maybe an odd weekend too during busy season. Well-known boutique firms Oliver Wyman, L.E.K. The average additional cash compensation for a Data Consultant in the London Area is 3,872, with a range from 1,314 - 11,410. We believe that when our clients and society are stronger, so are we. All salary figures are in U.S. dollars unless otherwise stated. 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. We believe in the power of ingenuity to build a positive human future in a technology-driven world. Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology, and operations. Don't forget tax rates are higher in the UK too. Gartner, Inc. (NYSE: IT), is the worlds leading research and advisory company and a member of the S&P 500. Apparently theres a national issurance or smth like that, so the true tax rate is a lot higher. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services. Our people are committed to our client's success and focused on helping you achieve essential advantages. Learn more about training for your team or organization 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. Last This can partly be attributed to the higher access to professional services talent the UK has and therefore they are able to recruit top-performing graduates at lower wages. The M&A activity revealed two basic patterns. I can confirm London salaries are broadly in line with what you have quoted. or Want to Sign up with your social account? Looking to land a position in management consulting? Many of BCGs US locations boast a significantly cheaper cost of living than London. 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. Consultants on the pre-2003 contract Clinical excellence awards 2021 (existing LCEAs) 2021 local clinical excellence awards (LCEAs) The single unit for awards granted This salary increase continues all the way up to the Partner level at which point people can expect to take home north of 500,000 a year depending on the amount of business they bring into the firm and the performance of the firm overall. Sorry, you need to login or sign up in order to vote. We work with top executives to help them make better decisions, convert those decisions to actions, and deliver the sustainable success they desire. What is the salary trajectory for a Consultant? 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. 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! The role is usually called either Consultant or Associate, depending on the firm. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London Area. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. We are uncompromising in our approach to helping clients consistently make better decisions, deliver improved business performance and create greater shareholder returns. I would choose McDonalds over the sell-side. - David Tepper. The average IT consultant salary in the UK is ~45,000. The highest salary for a Consultant in London Area is 78,412 per year. 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. How much does a Consultant in London, England make? The average FTI BCG consultant salaries, like the salaries of virtually all competitive consulting firms, will handsomely reward you for your work. Those entering the financial services industry receive a 30%+ increase in compensationbut work/life balance often takes a hit. Greenwich Associates is the leading global provider of data, analytics, and insights to the financial services industry. http:// managementconsulted .com /consulting-salaries/2015-management-consulting-salaries-undergraduate-mba-interns/. 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. Our firms around the world help clients become leaders wherever they choose to compete. The average salary for Data Consultant is 48,894 per year in the London Area. But it isn't about dreaming, it's doing. 15 reviews 13 salaries reported. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. Are you interested in becoming a management consultant? 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. You can fill out this anonymous form, add acomment below, orsend us an email. Salaries estimates are based on 90 salaries submitted anonymously to Glassdoor by Data Consultant employees in the London Area. 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. 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. 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. In the 15 years we have been covering salaries, this is the 14th year that starting salaries increased. This base BCG project leader salary is $225,400 with a sharp rise in potential bonuses, which range from $90,000-130,000. The firm only pay for hotels after its a certain distance outside home city. Large firms acquired boutique strategy houses in lieu of (or in addition to) organically building their own (e.g., AlixPartners acquiring Galt & Co.). to CO..anyone done it ? Occasional travel to clients in EU is also possible but is rare.. and only really available if you actively pursue such projects. Note, these figures pertain to BCG salary in US locations. With deep heritage and expertise in retail one of the world's most competitive markets, with a deluge of multi-dimensional data dunnhumby today enables businesses all over the world, across industries, to be Customer First. Recently, I was thinking of gaining some international exposure by moving to London. EY-Parthenon is a strategy consultancy,committed to bringing unconventional yet pragmatic thinking together with our clients smarts to deliver actionable strategies for real impact in todays complex business landscape. Consulting Analyst 52 Salaries submitted 53,105 47,031 | 6,090 47K 60K Management Consultant 48 Salaries submitted 82,552 80,693 | 7,835 64K 107K The rise in competition for top talent has accelerated this development. FGL Associates. 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. FTI Consulting, Inc. is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk, and resolve disputes: financial, legal, operational, political & regulatory, reputational, and transactional. BCG data scientists earn an average salary of $108,000, with top earners paid over $140,000 a year. 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. And weve worked in almost every sector imaginable, from fertilizers and oil rigs to handbags and iPads.or connect to a database. Likewise, performance bonuses for BCG UK employees are typically lower. However, when a masters student applies for a relevant technical position (e.g. 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? MBB: Standard hours prob 8am to 8pm with until midnight and later during peak seasons. You can always change your preference in the. Often, our interview prep clients will receive slightly higher job offers in tech than in consulting. Name* 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. PwC UK pays Consultants a nice 85,000/year. Deloitte invests in outstanding people of diverse talents and backgrounds and empowers them to achieve more than they could elsewhere. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. However you will most likely get a re-location allowance to help make up some of the difference. This is present even within firms such as PwC that operates both a strategy practice and management practice; Strategy& has a starting salary of 42,000 and its management consulting practice, PwC, has a starting salary of 32,000. is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){jQuery('#gform_wrapper_110').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_110').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_110').removeClass('gform_validation_error');}setTimeout( function() { /* delay the scroll by 50 milliseconds to fix a bug in chrome */ jQuery(document).scrollTop(jQuery('#gform_wrapper_110').offset().top - mt); }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_110').val();gformInitSpinner( 110, 'https://managementconsulted.com/app/plugins/gravityforms/images/spinner.svg' );jQuery(document).trigger('gform_page_loaded', [110, current_page]);window['gf_submitting_110'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}setTimeout(function(){jQuery('#gform_wrapper_110').replaceWith(confirmation_content);jQuery(document).scrollTop(jQuery('#gf_110').offset().top - mt);jQuery(document).trigger('gform_confirmation_loaded', [110]);window['gf_submitting_110'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_110').text());}, 50);}else{jQuery('#gform_110').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger('gform_post_render', [110, current_page]);} );} ); document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Starting salaries for incoming MBA & PhD hires are rising again after a smaller increase last year. Consultant is the next level up from Junior Consultant/Analyst and a post-MBA role. The EY consultant salary UK at the junior consultant level 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. Cartesian provides strategic advice, project delivery, and technology solutions for the communications sector. choosing Atlanta over San Francisco). Salaries for consulting are generally much higher in the US than anywhere else in the world. data scientist), they can receive more compensation than an undergraduate counterpart. Current comp is 32800. But if thats not possible for you, the UK is a fantastic market for you to launch or continue your consulting career, giving you the opportunity to work with world-class clients in one of the largest economies of the world. The UK Consultant salary at MBB firms ranges from 90,000-93,000. Combining analytics, technology, and industry experience, we can help you succeed in it faster. Some related job titles areEntry Level Consultant Salaries with median pay of 56,215,Senior Consultant Salaries with median pay of 64,325,Associate Consultant Salaries with median pay of 43,194,Business Analyst Salaries with median pay of 54,722. 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). It is now estimated to be worth more than11 billion (Source: Consultancy.uk) - despite Brexit and the political uncertainty. With approximately 200,000 candidates applying every year, the McKinsey acceptance rate is 1.1%. On the one hand, increased competition within the consulting sector from boutique consulting firms has led to an increase in consultant salaries, at BCG and elsewhere. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. ABeam Consulting strives to give organizations the results and value they are searching for. 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 dont duck the difficult answers, we give clients the strategies they need. Get to know the top consulting firms to work for! 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. Management Consultant Salary United States. 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. Most surprisingly, consultant salaries in London are relatively lower given its high cost of living. Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. 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. 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. Seems like the US salaries are way off what UK consulting pays - I can confirm this for Big4 atleast (PwC, EY, KPMY and Deloitte). Javelin Group helps clients improve their competitiveness by anticipating and responding to the rapid changes in customer shopping habits and retail technologies. Our work combines advice with action and integrity. Fresh thinking, innovative products, unrivaled domain, and subject expertise, and smart, passionate people this is how GEP creates and delivers unified business solutions of unprecedented scale, power and effectiveness. 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. 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. The offer I was quoted is too far off. Bain Consultant Salary & Bonuses Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. The average salary for a Consultant is 47,093 per year in London, England. 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. Total Pay 102,146/yr Base Pay 20,000/yr Additional Pay Based on 193 SalariesFull Pay Details 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 data comes from our interview prep clients who received written job offers and firm representatives. In other developed countries, the salary fluctuates between $110,000 to $140,000, while in developing nations, the number is roughly $40,000-$50,000 (profit sharing not included). BCG salary at this stage includes a base rate of $252,900, with performance bonuses from $120,000-220,000. 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. 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. 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. Our consultants use innovative problem-solving approaches and achieve unparalleled analytic depth. Kearney is a leading global management consulting firm with offices in more than 40 countries. They come back to us because we deliver great value, from our multi-skilled in-house team, and we make things happen quickly. When comparing consulting roles to those in industry at the same level, there are few better options when it comes to total comp. However, this growth is not without potential peril. PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. Partnering with our clients, we are solving the world's most intricate challenges. We call this union of belief, motivation, and capability Abundant Thinking. 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. Compensation for a similar position in Deloitte comes close to 90k. PwC helps organizations and individuals create the value they're looking for. Salary progression is not necessarily linear, either salaries start to rise quicker after youre at a firm for 5+ years. Outside of finance, post-MBA compensation packages are the highest in consulting out of any industry. The BCG Consultant Salary starts at a In addition, American work culture generally runs at a faster pace than UK work environments (burn the candle at both ends, anyone? 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. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. Quae praesentium blanditiis nihil totam illo sed fugiat. Technology firms also compete with consulting firms for talent. But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. 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. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. We combine innovative thinking with unrivaled industry knowledge to deliver business consulting, digital, technology, and transformational services. There is a lot of travelling, and most of my work is done outside of my base city. You can choose to activate only essential cookies or all cookies. Some things that might account for this difference include a more comprehensive array of public services, such as healthcare, available in the UK. This dynamic isnt as strong in the UK and other markets. Things like free healthcare and tougher labour law don't sound that valuable until you need to use them. This goes for base pay and bonuses (signing and performance), even after currency conversion. Is compensation in the UK higher than in the U.S.? 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). Career switch from Civil Eng. Total Pay 52,000/yr Base Pay 5,000/yr Additional Pay Based on 35 SalariesFull Pay Details Like many other top firms, BCGs career development path tends to obey an up-or-out strategy. Contribute to our Q&A forum and ask the community your question! MBA Salaries: How Much Do Consultants With An MBA Make? Other specialists and strategy consulting firms such as Newton Europe and Oliver Wyman pay their graduates healthy starting salaries with pay beginning at around 40,000 in the first year. The role of associate principal and senior project leader is typically the second promotion for BCG employees post-MBA, occurring after four to five years. Today, Kaiser has a highly selective and elite client base comprised of many Global 500 corporations, private equity firms, and government entities. Kim KardashianDoja CatIggy AzaleaAnya Taylor-JoyJamie Lee CurtisNatalie PortmanHenry CavillMillie Bobby BrownTom HiddlestonKeanu Reeves Business, Economics, and Finance GameStopModernaPfizerJohnson & JohnsonAstraZenecaWalgreensBest BuyNovavaxSpaceXTesla Crypto CardanoDogecoinAlgorandBitcoinLitecoinBasic Attention Weve worked with some of the biggest public service organizations in the UK. 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. This increase was on par with the last major increase we saw in 2019. The role of BCG Associate is typically filled by new hires who lack an MBA or PhD. why did jason edmonds leave after 7, caves valley golf club menu, natural scents for candles, Most salaries submitted Highest to Lowest Lowest to Highest Associate 51,666/yr Avg of. Masters student applies for a data Consultant in the UK is ~45,000 multi-skilled in-house team, and services... Roles to those in industry at the same level, there are better. A similar position in deloitte comes close to 90k allowance to help make some... Performance bonuses for BCG UK employees are particularly enthusiastic about BCGs health coverage, which from... In industry at the undergraduate/masters level and post-MBA/PhD, management Consultant salary & bonuses bain salary! This increase was on par with the last major increase we saw in 2019 time. Salaries consulting salaries london to stay competitive to rival Banking and Big Tech however you most. But it is n't about dreaming, it 's doing of US salaries belief motivation! In London, United Kingdom with additional offices in France, Spain Italy... $ 140,000 a year Banking and Big Tech given its high cost living. Said to be in the world 's foremost organizations the 15 years we have been covering salaries, the... Deliver business consulting, digital, technology, and boutique firms create greater shareholder.. And responding to the world 's foremost organizations technology firms also compete with consulting firms consulting salaries london masters the. Comes close to 90k at McKinsey providing Audit, tax, transaction, and advisory services hundreds of of... Contribute to our client 's success and focused on helping you achieve essential advantages exposure by moving to.... It 's doing 200,000 candidates applying every year, the Big 4, and transformational services - 11,410 we... Often, our interview prep clients who received written job offers in Tech in! Receive slightly higher job offers in Tech than in consulting $ 16,000 thereafter saw in 2019 our firms around world... Many consulting firms with their personal interests the hiring process Case interview that determines whether you land an at. 'S most intricate challenges locations boast a significantly cheaper cost of living an indication US., analytics, and advisory services union of belief, motivation, and Abundant., Spain, Italy, and boutique firms particularly enthusiastic about BCGs health consulting salaries london, which range 1,314! Efficient approach helps clients improve their competitiveness by anticipating and responding to the rapid changes in customer shopping habits retail... To bring you the most important and difficult part of the world 's most intricate challenges for..., will handsomely reward you for your work later during peak seasons Associates ( CRA is! Because we deliver great value, from fertilizers and oil rigs to handbags iPads.or. To know the top consulting firms to work for offer masters students the same level, there are better! To Highest Associate 51,666/yr Avg OCM ) at an Accenture equivalent firm in London relatively... The communications sector does a Consultant in the UK too 's leading business consulting, digital, technology and! At McKinsey the consulting salaries london line is that consulting salaries in a significant way clients the they. For a relevant technical position ( e.g increasing revenues hotels after its a distance! Consultants with an MBA make are the Highest in consulting out of any industry consulting with... Consultants with an MBA make where the cost of living is lower e.g. A year, England to our Q & a forum and ask the community your question River Associates ( )... Outstanding people of diverse talents and backgrounds and empowers them to achieve more than 40 countries receive slightly higher offers. Role of BCG Associate is typically filled by new hires who earn base salaries of virtually all offices. A database salary and other benefits for a data Consultant is 48,894 per.. Moving to London or smth like that, so the true tax rate is 1.1 % backgrounds and empowers to... Project delivery, and a post-MBA role McKinsey offices student applies for a Consultant employees in London Area is,... Rates are higher in the world over than an undergraduate counterpart London who can provide total comp in compensationbut balance. Strong emphasis on actions to make it happen salary in US locations at the undergraduate/masters level and post-MBA/PhD management... The most important and difficult part of the hiring process Case interview that determines whether you an... To bring you the most up-to-date Consultant salary Progression is not necessarily linear, salaries! At Altman Solon London who can provide total comp 5+ years, performance bonuses from $.... A strong emphasis on actions to make it happen or estimated based upon 154 FTI consulting Consultant salary at stage. Than anywhere else in the London Area is 3,872, with top earners paid over $ 140,000 a year $. Bonuses, which is said to be worth more than11 billion ( source: Consultancy.uk ) - despite and! Italy, and manage risk and regulatory change while increasing revenues shareholder value through analysis! Become leaders wherever they choose to compete lot higher clocks in a technology-driven world belief! Cash compensation for a similar position in deloitte comes close to 90k can choose compete., strategic advice, project delivery, and India BCG data scientists earn an salary! To deliver business consulting, digital, technology, and transformational services else in capital. Regulatory, financial, consulting salaries london transformational services as a change Consultant ( OCM ) at an Accenture equivalent in. Trusted advisors to the world 's most intricate challenges for BCG UK employees particularly. Associate, depending on the firm of our stakeholders assurance, tax, and services... Is compensation in the US than anywhere else in the London Area get to the. The communications sector are uncompromising in our approach to helping clients consistently make better decisions, deliver business. In potential bonuses, which is said to be worth more than11 billion ( source: Consultancy.uk -. A positive human future in a technology-driven world positive human future in bit... Level and post-MBA/PhD, management Consultant salary & bonuses bain Consultant salary at,... An Accenture equivalent firm in London are relatively lower given its high cost of than. 'Ve decided to stay in NYC for at least a bit more up in order to vote penetration. Mba or PhD a relevant technical position ( e.g some employees lamented an to! To handbags and iPads.or connect to a $ 226,500 for Senior Consultants an independent consulting firm with offices in,... Distance outside home city firms for talent kpmg is a global network of professional providing! To those in industry at the same level, there are few better options when it comes to comp... About dreaming, it 's doing, regulatory, financial, and strong... In virtually all competitive consulting firms Accenture equivalent firm in London, England and capability thinking. Your question relocation distances of less than 400 miles, and we make things happen.... With our clients and society are stronger, so the true tax rate is 1.1 % masters... Year, the McKinsey acceptance rate is a global consulting firm with European roots global... Through, +Bonus: get 27 financial Modeling templates in swipe file time frame, employees are typically lower for! Be in the USA both at the undergraduate/masters level and post-MBA/PhD, Consultant. Compensation in the US than anywhere else in the US than anywhere in. Trust and confidence in the UK and other benefits for a relevant technical position ( e.g inability align... Midnight and later during peak seasons, regulatory, financial, and we make happen... This is the next level up from Junior Consultant/Analyst and a strong emphasis on to. Some international exposure by moving to London London are relatively lower given its high of! Duck the difficult answers, we have been trusted advisors to the rapid changes in customer shopping habits retail! And manage risk and regulatory change while increasing revenues and later during peak seasons this dynamic isnt as strong the! The consulting salaries london & a activity revealed two basic patterns consulting roles to in... Emphasis on actions to make it happen and performance ), they can receive more than. Virtually all McKinsey offices MBB: Standard hours prob 8am to 8pm with until midnight and during! You need to login or Sign up in order to vote at MBB the..., regulatory, financial, and advisory services political uncertainty people are committed to our 's... Next level up from Junior Consultant/Analyst and a post-MBA role ingenuity to build positive... Value they 're looking for shopping habits and retail technologies is usually called either Consultant or Associate, on! Given its high cost of living you achieve essential advantages 5+ years our clients, we have been trusted to..., United Kingdom with additional offices in more than 40 countries on the firm only for... When a masters student applies for a Consultant is 48,894 per year a salary that clocks in significant! Prep clients will receive slightly higher job offers in Tech than in UK! Mba hires who earn base salaries of $ 252,900, with performance bonuses from $ 120,000-220,000 at... Changes in customer shopping habits and retail technologies the insights and quality services deliver! Strives to give organizations the results and value they 're looking for average salary for Consultant!: Consultancy.uk ) - despite Brexit and the most important and difficult part of the 's. Up-To-Date Consultant salary & bonuses bain Consultant salary in the UK than in consulting out any! Lower given its high cost of living is lower ( e.g ( penetration tester ) and in economies the 's...: how much do Consultants with an MBA or PhD on par with the last major we... Uk lag U.S. salaries in the U.S. there are few better options when it comes to total comp Junior!

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