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The average income of a Consulting Senior Manager at Deloitte is approximately $228,600 with a 199,000 base salary and $29,600 bonuses, not including the profit sharing. 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. You might get a relocation allowance when you transfer, but don't expect them to match your salary. Deloitte invests in outstanding people of diverse talents and backgrounds and empowers them to achieve more than they could elsewhere. Compensation for a similar position in Deloitte comes close to 90k. You can always change your preference in the. The role is usually called either Consultant or Associate, depending on the firm. Consultants on the pre-2003 contract Clinical excellence awards 2021 (existing LCEAs) 2021 local clinical excellence awards (LCEAs) The single unit for awards granted Recent PhD Grad wondering about Consulting Opportunities. To join McKinsey, candidates must pass through all three stages of the hiring process: Resume Screening => PST/ PSG => Case Interview. Interns with an MBA or a PhD earn a salary of ~$36,500. The big BCG salary bump comes when you hit Project Leader. BCGs summer internship program runs for 10 weeks. PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. 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. Our main practices are healthcare and social care, aerospace, defense & security. Is consulting less mainstream in London? Well in NYC, IB starts on the same base salary as consulting. At BCG, Consultant is the title for new hires who hold an advanced degree (MBA, PhD, JD, MD, etc.). It would have been ruinous had I been living in the US. 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. Overall, the state of the industry is strong. The salaries above are for full-time hires and interns coming straight from an educational program. Oliver Wyman is a global leader in management consulting. More firms are starting to offer returning interns a larger signing bonus than full-time counterparts who interned somewhere else. 67 MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. Our collaborative and efficient approach helps clients reduce costs, and manage risk and regulatory change while increasing revenues. Our scale, scope, and knowledge allow us to address problems that no one else can. Quae praesentium blanditiis nihil totam illo sed fugiat. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. Our people are agile thinkers, cut from different clothes but united by a relentless curiosity and desire to solve problems. Our clients adapt and transform, and together we achieve enduring results. These numbers represent the Many of BCGs US locations boast a significantly cheaper cost of living than London. Often, our interview prep clients will receive slightly higher job offers in tech than in consulting. Management Consultant Salary UK 2023. 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. Is compensation in the UK higher than in the U.S.? Our mission is clear. Weve been talking salaries for strategy consulting roles at MBB, the Big 4, and boutique firms. The role of BCG Associate is typically filled by new hires who lack an MBA or PhD. 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. This field is for validation purposes and should be left unchanged. 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. The average salary for a Consultant is 47,093 per year in London, England. However, when a masters student applies for a relevant technical position (e.g. If you're looking at MBB or the tier 2 'pure' consulting firms, you probably would get paid quite similarly to what you would get in the US. 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. Our strategy of building an education practice alongside our media & technology capability was rewarded as we were recognized at the 2015 and 2016 Educational Investor Awards with the award for the best consultant to the private sector against stiff competition from the incumbent and the accounting firms. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. At MBB firms in the UK (Bain, McKinsey, and BCG), analyst salaries hover around 46,000. They often offer higher base salaries but the roles are more siloed and the promotion trajectory is slower. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage. Then we develop a powerful way to solve it. If you are thinking of becoming a Consultant or planning the next step in your career, find details about, Deloitte Consultant salaries - 1,198 salaries reported, Accenture Consultant salaries - 859 salaries reported, PA Consulting Consultant salaries - 387 salaries reported, EY Consultant salaries - 346 salaries reported, Capco Consultant salaries - 290 salaries reported, Capgemini Invent Consultant salaries - 265 salaries reported, PwC Consultant salaries - 222 salaries reported, Boston Consulting Group Consultant salaries - 200 salaries reported, NHS Consultant salaries - 197 salaries reported, Capgemini Consultant salaries - 175 salaries reported, IBM Consultant salaries - 174 salaries reported, Newton Europe Consultant salaries - 174 salaries reported, Bain & Company Consultant salaries - 167 salaries reported, KPMG Consultant salaries - 162 salaries reported, FTI Consulting Consultant salaries - 156 salaries reported, JDX Consulting Consultant salaries - 153 salaries reported, FDM Group Consultant salaries - 149 salaries reported, Baringa Partners Consultant salaries - 123 salaries reported, Oliver Wyman Consultant salaries - 106 salaries reported, FactSet Consultant salaries - 95 salaries reported, the role, the career path and salary trajectory of a Consultant. This is especially true for employees with MBAs and PhDs. Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. If you need more information please view the individual settings. Kearney is a leading global management consulting firm with offices in more than 40 countries. CIL is an independent management consultancy. At MBB firms in the UK (Bain, McKinsey, and BCG), analyst salaries hover around 46,000. This in turn allowed them to dramatically increase max compensation through performance bonuses and profit sharing, as well as extend lifestyle perks like unlimited PTO and limited travel. The biggest factor in deciding which career to choose or firm to join is salary. The most extravagant of these include MBA second-year tuition coverage plus signing bonuses (heres looking at you, Deloitte). Compared to the rest of the world, the United Arab Emirates, Singapore, Switzerland, and Canada also boast relatively high consultant salaries. 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. We believe the dramatic increase in pre-MBA salaries is a forerunner to this playing out in the industry over the next 10-15 years. We help asset and wealth management businesses use technology to turn goals into reality. Select all that apply.CommentsThis field is for validation purposes and should be left unchanged. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000.Those six-digit salaries are a major point of attraction for the best and brightest candidates out there, and also the reason you are reading this article; so lets find out how much McKinsey pays its consultants in 12 different countries. The EY consultant salary UK at the junior consultant level We also use cookies and third-party tools to improve your surfing experience on preplounge.com. Partnering with our clients, we are solving the world's most intricate challenges. Sorry, you need to login or sign up in order to vote. We specialize in bespoke consulting services, not off-the-shelf me too process consulting. Based in London and New York, we work with many household names and global organizations helping them to develop strategies and transform their business. We help our clients change the game in their industries, and we're changing the game on our own. Known for our hands-on approach, industry expertise, and resolve, Proudfoot delivers an agile workforce, improves performance, expands profitability, and propels top-line growth for our clients. We specialize in providing unique high-value data and actionable recommendations to help our clients improve their business results. 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