bain consultant salary uk

Boston Consulting Group is an Equal Opportunity Employer. An Analyst at Goldman Sachs whereas would be pushing 100,000. Base: $500k - $650k. Information for research of yearly salaries, wage level, bonus and compensation data comparison. While entry-level roles pay USD ~100k for graduates, employees hired straight from their MBA or Ph.D. graduation can expect between USD 150 to 180k, similar to early experienced highers. Our offices in London are conveniently located a stone's throw from the vibrant Soho area and within the East . You probably have 2-3 years of experience to become a Consultant in Deloitte. I imagine the numbers for the Big4/ACN will look different. . Consultant salaries at McKinsey & Company can range from $92,629 - $325,729 per year. Based on 1073 salaries posted anonymously by Bain & Company Consultant employees in Keflavk. 200-230K. McKinsey, Bain, and Boston Consulting Group (BCG)also known as the 'Big Three'all froze their starting salaries. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. I joined as an Associate Consultant a few months ago, having spent the previous eight years at university completing my undergraduate degree in Chemistry, and then my DPhil in Molecular . Bonus: $550k - $4.5m+. Business Analyst: 35k to 45k (no bonus) - (graduate - 2 years) Junior Associate: 55k to 60k (plus a performance dependent bonus of between 10% to 15%) (1 year) Associate: 75k to 80k (plus a performance dependent bonus of 15% to 25%) (2 years) Roles Available: Associate Consultant. Oliver Wyman. We would love to see you on campus or at one of our recruiting events. A.T. Kearney, Bain and McKinsey & Company were also repre-sented. Consulting - $100 Million . Since our founding in 1984, we've applied our insight and experience to organically expand into several asset classes including private equity, credit . Bain salaries: Consultants (fresh MBA hire) earn a salary of $125,000 + signing bonus of $20,000 + performance bonus of up to $40,000 + profit-sharing vesting three years later of approximately $14,000 (depending on firm performance) + 5% of salary contributed into retirement fund. Consultant (1-2 yr exp) $56,000. The base salary for a consultant is about $88,000, with a performance bonus of $13,000. However, salaries differ . How much do Bain & Company employees make? Global transfers: Temporary and permanent relocation opportunities to work in other offices around the world. More. . I'm an Associate Consultant at Bain having joined the London office in October 2014 as a graduate. At Associate or Consultant level, this amount rises to between 52,000 and 59,000 per year. Signing Bonus: $35,000 (Canada: $15,000) Base: $135,000 (Canada: $140,000) Relocation: $8,000. Meanwhile, a Manager in consulting - a consultant with typically between six to nine years of experience - earns 64,000 and 74,000 per annum. moderna covid vaccine for kids under 5. do snakes smell like potatoes. Organisation: Bain & Company. Salary benchmarking site Emolument.com analyzed pay data from 668 Senior Strategy Consultants working in the United Kingdom. Its sister company, Bain Capital, also uses Bain & Company consultants in private equity engagements. I'm an Associate Consultant at Bain having joined the London office in October 2014 as a graduate. The average base salary for an MBA in 2020 at top Consulting firms is $157,364. Total Pay 91,198/yr Base Pay 21,420/yr Additional Pay Based on 143 SalariesFull Pay Details See salaries from all locations Associate Consultant 55,442/yr Avg. Get full report. PwC Consulting - $15.96 Billion; Bain Consulting - $2.30 Billion; IBM Consulting - $3.36 Billion; L.E.K. Most Salaries Submitted Most Salaries Submitted Highest to Lowest Lowest to Highest Consultant 111,079/yr Avg. Average salary for Bain & Company Consultant in Keflavk: US$175,000. Average salary for Bain & Company Associate Consultant in Panjakent: US$100,109. Partner, total compensation: $1M - $5M+. Tuition Reimbursement: up to $80,000 ($50,000 after taxes) Consulting salaries at McKinsey, Bain & BCG A resume, cover letter and non-official transcript will be required. Salaries posted anonymously by Bain & Company employees. Total Pay 50,351/yr Base Pay 7,082/yr Additional Pay Explore A structured search through millions of jobs. The Boston Consulting Group, Inc. McKinsey & Company. Bain & Company Senior Associate and Consultant Salary In the US, junior consultants working for Bain & Co can expect to make $103,000 annually in base salary. Based on [count] salaries posted anonymously by Bain And Company Senior Consultant employees in Uk. . Consultant 111,079/yr Avg. Canada Associate Consultant - Deadline #1 (June 16) There will be two application deadlines for the Associate Consultant (AC) classes of 2023: June 16 and August 21 at 11:59 PM EST. This estimate is based upon 143 Bain & Company Consultant salary report (s) provided by employees or estimated based upon statistical methods. If you're an ambitious undergraduate or have been working for a couple of years out of college, we encourage you to explore the role of associate consultant (AC).. As an AC, your analytical, interpersonal, creative thinking, business management and leadership skills will be called upon from day one. Associate Partner. 32 . Sr. The estimated total pay for a Associate Consultant at Bain & Company is 55,500 per year. The salary of Mckinsey is also of utmost interest to those seeking a career at Mckinsey. Total Pay 50,351/yr Base Pay 7,082/yr Additional Pay Based on 122 SalariesFull Pay Details See salaries from all locations Senior Associate Consultant The Institute of Consulting (IC), for instance offers a variety of relevant qualifications, such as a Level 5 Certificate in Professional Consulting or a Level 5 Diploma in Business Support. I couldn't have asked for a better place to begin my career, with Bain's focus on professional development, diverse client base and drive for . Full-time. Strategy consulting is a fairly well-paid sector. . Consulting salaries for freshers: Entry level salary in USA, UK, India, Germany, Australia April 29, 2020 April 8, 2019 by Swati 'Consulting', especially management consulting continues to be a dream job to many! MBA Salary in UK . Full-time. Jr. The 6 steps on the consulting career path . This January or Spring deadline does not apply to Bain's Associate Consultant (AC) level role (undergraduates, Master's (non-MBA), or experienced . Consultant salary expectations. We are seeing deadlines for Bain, BCG, and McKinsey that are as early as 2021, which was 1-2 months earlier than in prior years. Degree: Economics. The typical McKinsey & Company Consultant salary is $176,862 per year. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Jobs Search through 2 million open positions. Organisation: Bain & Company. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Bain's recruitment process is one of the most selective as well: . Moving from one position to the next typically takes 1 to 3 years. Russ Hagey, Bain's chief talent officer, said Bain's salaries are competitive to the industry, as a typical consultant makes just shy of $140,000, excluding about $30,000 extra in bonuses, stock . Bain & Co. doesn't give a number, but does emphasise the . For new MBA graduates basic salaries are between 80,000 and 90,000. The Parthenon Group. Take a look at our senior roles. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Full-time. Associate Consultant jobs 123,209 open jobs A quick note on . Agile Delivery Consultant - Defence and Security. 30%. 2. McKinsey & Co, the Boston Consulting Group and Bain & Co, also known as the MBB in short or the "Big Three," are the . Average salary for Bain And Company Senior Consultant in Uk: [salary]. Average salary for Bain & Company Associate Consultant in Zwedru: US$100,109. The estimated additional pay is 7,115 per year. Bain pays lowest base salary but highest bonuses by far. A few of the programs we offer to give you added flexibility and options: Externships: Four to six-month externships at an organization of your choice related to your professional goals. At Analyst or Junior Consultant level, the average basic salary ranges between 40,000 and 50,000 per year. 50%. When factoring in bonuses and additional . MBA associates receive about $145,000 as a base salary, with a performance bonus of $31,900. Location: London. Base: $500k - $650k. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. This estimate is based upon 14 McKinsey & Company Consultant salary report (s) provided by employees or estimated based upon statistical methods. Below we present the aggregate data for the UK consulting industry, illustrating the average packages for those at the . Bain Capital, LP is one of the world's leading private investment firms with approximately $160 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. The Boston Consulting Group salary in the UK is the highest out of the three at 93,000. 20%. Organizational Strategy and Design Principal . This comes after Bain recorded its best ever quarter in Q3 2020 and after . The average base salary for a Bain Consultant is $156,000 a year according to Glassdoor. At McKinsey, he led the firm's recruiting efforts at top UK universities. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Consultant jobs 820,324 open jobs The manager role is the one from which top management is groomed, with most managers rising internally from the consultant position. The highest paid Bain & Company employees are Partners at $306,000 annually. They are followed by the other top strategy firms Bain, McKinsey, and OC&C. 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. If you're looking for more market insights or want to have a confidential discussion, our strategy . But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Bonus: $150k- $500k. Total Pay 91,198/yr Base Pay 21,420/yr Additional Pay Based on 143 SalariesFull Pay Details See salaries from all locations Associate Consultant 55,442/yr Avg. Source: CaseCoach (2019) You will see that consulting salaries increase by ~30% year-on-year over ten years with a comparably faster increase in the first three years followed by a sharp increase between the role of Associate Partner and Partner. This is confirmed by the latest Harvard MBA employment report, which puts salaries for Harvard MBAs going into consulting at $165k for 2021, the same as one year previously. Base: $350k- $500k. Consulting salary grows at 5 percent annually on average. Among the MBB, the difference between total pay offered ranges from $12,500 - $21,250. Base: $500 - $650K. At LBS, Ben secured offers from McKinsey, BCG and Bain. The career path at Bain is steep but extremely rewarding. Sophie Horrocks. Consultants' pay and benefits. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. Plus, your salary will increase between 10% and 25% each year . Rolfes says McKinsey spends more than $100m on training and learning ever year. In terms of salary progression, senior guys at Bain will earn multiples of senior guys at OC&C so the trajectories will be quite different. Search for U.K. job vacancies at BCG. Consultants can also receive a signing bonus of $12,500. McKinsey and Bain both pay 90,000. Deloitte Consulting in the UK pays its consultants 91,000. Exit opportunities are numerous for MBB alumni, including top leadership positions such as CEO or vice president at Fortune 500 companies. Bain, which employs around 5,700 people across the world, pays its senior staff in the UK more than any other firm on this list, with an average salary of almost 100,000 ($143,000). About BCG in the U.K. At BCG in the United Kingdom, we offer our employees a unique platform for personal growth and a great foundation for building a rewarding career in consulting and beyond. Consulting firms typically have 6 roles from entry-level to partner. Signing bonuses for Bain master's-level recruits are $5,000. As of 2020, the Mckinsey salary of an entry-level consultant (Analyst) ranges from $108,000 to $116,000 per annum. The total average salary comes in at $130,000 with the additional pay consisting of cash bonuses, stock bonuses, and profit-sharing. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. They are usually closer to 35 - 40,000 starting. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. According to Indeed Salaries, the average salary for a Consultant in the UK is 54,106 per year. So all in all, the total compensation for a junior partner can be between $500k and $1m. Also, if you really give a damn about money, your PE exist opportunities will be better at Bain than OC&C. All-in-all, a few grand at the start of your career to clear student debts is attractive but should . Base: $350 - $500K. Agile Business Analyst - Defence and Security. Bain Manager Salary Managers at Bain design and oversee projects for clients. When it comes to base salaries, Bain pays $115,000 compared to $126,000 at McKinsey and BCG. A free inside look at Bain & Company salary trends based on 8 salaries wages for [jobTitleCount] jobs at Bain & Company. Bonus: $500K - $4.5M+. Then there's a $5,000 signing bonus.