Associate Consultant salaries - 122 salaries reported. Retirement: 6% Employee Match. Consulting - $100 Million. Shazia Mohamed. Senior Consulting Roles. We encourage you to apply as soon as you feel prepared. Bain Associate Consultant 49,971/yr Avg. McKinsey is the largest firm with 10,000 consultants, followed by BCG with 7,000 and Bain with 4,000. Below is a chart depicting average compensation from 122 consulting firms. Answer (1 of 20): This is the wrong question to ask. London, United Kingdom Area. The highest paid Bain & Company employees are Partners at $306,000 annually. $ 0. Consultant 111,079/yr Avg. Within certain countries, there are a few upstarts making big bucks that pay their consultants a shedload. Other Consulting Firms Salaries. The average base salary for a Bain Consultant is $156,000 a year according to Glassdoor. PwC Consulting - $15.96 Billion. While MBB firms froze salaries, they offered other perks, and there are some differences here. Base: $350k- $500k. And for a senior partner we are looking at a salary of up to $5m+. Partner, total compensation: $500K - $1M. This estimate is based upon 19 Slalom Senior Consultant salary report (s) provided by employees or estimated based upon statistical methods. Signing bonuses for Bain master's-level recruits are $5,000. 91,854 / yr. Deloitte Consulting in the UK pays its consultants 91,000. Deloitte Consulting Director Salary. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. Salaries and bonuses for Masters and undergraduate hires at top consulting firms. Ben is a former Engagement Manager with McKinsey & Company and an MBA graduate from London Business School. My firm didn't lay anyone off, but announced no raises/bonuses due to COVID. Other top boutiques will generally pay between 80,000-90,000. As does speaking at conferences, boosting the business's brand, mentoring and alike. Associate Consultant salaries at Bain & Company can range from 40,000 - 66,000 per year. Partner/Principal (8+ years out of MBA): $500K - $1M. That's 26.05% of the school's student body, and 71.6% of all consulting placements from the school. Bonus: $550k - $4.5m+. These numbers grow more pronounced with each step in a consultant's career post-MBA. In 2021, McKinsey offered 2 application deadlines for undergraduate & master's students who are applying for a Summer Business Analyst Intern (SBA) roles. Bain has the deepest expertise in working with Private Equity funds and other principal investors. Welcome to 2022, and our updated management consulting salaries report! Answer (1 of 3): I would say it's a decent salary to survive for 1 person in London with a bit of saving as well. By virtue of being considerably bigger than . (Guessing this probably narrows down which firm I'm at). Est Annual Revenue: $1bn+ Website. Based on [count] salaries posted anonymously by Bain And Company Senior Consultant employees in Uk. Consultant salaries - 1 salaries reported. Salary. Here are a few of these firms: Deloitte. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. Bain is one of the best firms for change management consultancy that London has to offer. 2022 Consulting Salaries Overview. Across 61 offices in 38 countries . Deloitte Consultant Salary. Hey - has anyone created a list of salaries by firm, level etc for consultants in London..? Plus, your salary will increase between 10% and 25% each year Plus, your salary will increase between 10% and 25% each year Intern salaries such as the McKinsey . Contribute and get 1 month free! Their salaries typically start at 55,000 and can be as high as 65,000. Managers earn approximately $350,000. One of the Big Three management consultancies, Bain & Company was founded in 1973 by former Group Vice President of Boston Consulting Group Bill Bain and his colleagues, including Patrick F. Graham. Industry: Consulting. The career path at Bain is steep but extremely rewarding. We don't have the 2022 deadlines yet, but will update them here when we do. Partners often earn over $1,000,000. 56000.0. Bain & Company Senior Associate and Consultant Salary. A Deloitte Consulting Director in the US makes approximately $345,700 annually with a base salary of $311,000 and bonuses of around $34,500. Administrative Assistant salaries - 1 salaries reported. Sr. As a manager, you assume a great deal of responsibility. All three offer a $200K pay-check in the first year itself. Associate Partner/Associate Principal (5-7 years out of MBA): $250K - $400K. You probably have 2-3 years of experience to become a Consultant in Deloitte. The typical project leader salarytwo years out of an MBAis $200,000-to-$220,000 with a bonus between $90,000 and $130,000. Consulting salaries for MBA grads are among the most lucrative, especially at McKinsey, Bain, and BCG. I'm an Associate Consultant at Bain having joined the London office in October 2014 as a graduate. 93,577 / yr. Bain Associate Consultant salaries - 6 salaries reported. Consultants can also receive a signing bonus of $12,500. 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. 49,971 / yr. Management Consultant salaries - 3 salaries reported. Consulting Roland Berger Oliver Wyman OC&C Strategy Consultants EY-Parthenon Strategy& Here's an example of a pretty typical day as a consultant on this case: 8:35 a.m. - Leave the gym on W38th St, having been whipped into shape by a morning spin class. We offer comprehensive, individualised training to ensure you have the tools you need to succeed at Bain and beyond. In general, you can expect 80-85k bas. The manager role is the one from which top management is groomed, with most managers rising internally from the consultant position. In top consulting firms, a senior project leader (four-to-five years out of an MBA) earns between $250,000 and $320,000 with a bonus between $120,000 and $220,000. Job Title. Bain offers relocation of $5,000, a housing allowance of up to $5,000 along with 20 days paid time off (PTO) vacation per year. And for a senior partner we are looking at a salary of up to $5m+. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Bain's client projects are 2x more likely to succeed and 3x more likely to sustain results. This estimate is based upon 121 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. University: LSE. Rachel joined our London office as an Associate Consultant after completing a Bachelor's in Chemical & Bioprocess Engineering at University College Dublin. Consultant 109,856/yr Avg. The data below describes the first-year salary of an average performer at a top consulting firm in London: Average first-year salary in London for an average performer : Role: Total Compensation: Of which is bonus: Graduate: 40-50K: 10%: MBA: 100-110K: 15%: Project Manager: 150-160K: 20%: Associate Partner: 200-230K: 30%: Partner: 600K+ 50%: Source: CaseCoach (2019) You will see that . 46,524 / yr. Consultant (1-2 yr exp) $56,000. Meanwhile, a Manager in consulting - a consultant with typically between six to nine years of experience - earns 64,000 and 74,000 per annum. The base salary for a consultant is about $88,000, with a performance bonus of $13,000. If you're an ambitious business school graduate . The typical Slalom Senior Consultant salary is $127,000 per year. Signing Bonus: $35,000 (Canada: $15,000) Base: $135,000 (Canada: $140,000) Relocation: $8,000. View Data as Table. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. You'll find our London office at 40 Strand, in the heart of the United Kingdom's economic, political and cultural center. While Bain, BCG, and McKinsey offer the most competitive consultant salaries in the market currently, salaries offered at less prestigious firms are still very good. 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 . INSEAD places the greatest number of MBA graduates into MBB consulting, according to Menlo's research. Michael Xing Associate Consultant (Bain) | MSc Economics (LSE) Melbourne, Victoria, Australia 500+ connections As of 2020, the Mckinsey salary of an entry-level consultant (Analyst) ranges from $108,000 to $116,000 per annum. 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 . 2020 base: $110,000. Base: $350k- $500k. LBS MBA salaries in finance ranged from $32,566 to $183,926. McKinsey, Bain, or BCG snapped up a total of 265 grads from INSEAD in 2020. Room for negotiation? Master's degree graduates can expect to earn around $100,000 with performance bonuses of over $22,000. Newly-employed postgrads at MBB firms earn more than at the Big Four. Define the future. Bain Manager Salary Managers at Bain design and oversee projects for clients. Based on 22 salaries posted anonymously by Bain & Company Senior Consultant employees in London. Take a look at our senior roles. Manager. Overview of Consulting Salaries and Trends8 Salary Benchmarking Data: 2007 vs 2009 vs 20119 . July 8, 2021. You'll be at the center of integrated teams with diverse thinkers and skillsets, all working together to deliver extraordinary outcomes. PwC UK pays Consultants a nice 85,000/year. Recruiting Assistant salaries - 1 salaries reported. The table from managementconsulted.com skips out a few outliers. Cash bonuses, stock bonuses, and profit-sharing make up the additional pay. 93,338 / yr. The typical principal salary (six-to-eight years out . 62,547 / yr. Senior Consultant salaries - 23 salaries reported. Yet LBS MBAs in finance earn the most, $123,231 on average, an increase of more than $10,000 from 2020. 143,157 / yr. Bain Associate Consultant salaries - 6 salaries reported. How much does a Consultant at Bain & Company make? I've written a lot about the consulting career path and for . Value Partners is a Management Consulting and Digital firm, founded in Milan in 1993. Yet, top performers can rise to $220,000 at the high end. Strategy consulting firms spent a lot on pay. Accenture MBA Salary. The average base salary for an MBA in 2020 at top Consulting firms is $157,364. The Big Three pay varying performance bonuses for . Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. Senior Partner/Director (10+ years out of MBA): $1M+. 2021 base: $110,000. Bain & Company | 1,403,295 followers on LinkedIn. Contribute to the database and get 1 month free* Full online access! BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. Bain Consulting - $2.30 Billion. Each day will be different, but they'll all be rewarding. 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. 2020 all-in: $110,000. Consultant salaries at Bain & Company can range from 25,876 - 110,000 per year. Total . 200,000 / yr. 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. Average salary for Bain & Company Senior Consultant in London: 94,218. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Total Pay 90,407/yr Base Pay 21,254/yr Additional Pay Based on 138 SalariesFull Pay Details See salaries from all locations Associate Consultant 55,301/yr Avg. 30,301 / yr. Social: Company Overview; All Interviews (170) All Salaries (355) All Reviews (164) Free Month. Size & Geographic Focus. The typical Bain & Company Associate Consultant salary is 50,349 per year. Bain and McKinsey & Company were also repre-sented.