50,000+ (22) 55,000+ (15) 60,000+ (13) 65,000+ (11) 75,000+ (5) I have also become increasingly involved in recruiting, particularly regarding diversity as a True North Scholarship buddy. Other top boutiques will generally pay between 80,000-90,000. Youll have a chance to learn more about this during the interview process. Not a problem, please make sure you include as much detail as possible in your application. The average salary for Strategy Consultant is GBP56,452 per year in the London, United Kingdom. Onze Further is a service mark of Bain & Company, Inc. 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. In addition, American work culture generally runs at a faster pace than UK work environments (burn the candle at both ends, anyone? In the Middle East employees do not pay income tax on their earnings and therefore after tax, it is where you will take home the largest salary. In this article, well take a deeper look at that and compensation expectations in consulting by position. 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. Once you have decided to apply make sure you leave yourself enough time to practice case studies for the interviews. Outside cases, I have assisted 2021 True North: Scholarship for Women attendees with preparation for the Associate Consultant case interviews both through buddying with attendees and running a practice session during the workshop. pour nous faire part du problme. PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Salary estimate. Anoushka Patel, Gerald Aryeequaye and Rachel Maher are Associate Consultants in the London office. PwC UK pays Consultants a nice 85,000/year. Based on 4 salaries posted anonymously by Bain & Company Strategy Consultant employees in Elmhurst, IL. 300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses. Well, my bonus (which was the max possible at my level), was about ~21%. Entdecken Personen E-Learning . This is an increase of over $ 12,500 as compared to the 2018 base salary in Consulting. We recommend checking with each of your office preferences for their specific application requirements. Nous sommes dsols pour la gne occasionne. The Big Three management consulting firmsMcKinsey, Bain, and the Boston Consulting Groupare increasing starting salaries for MBA consultants by $15-to-$17,000 in 2023, according to a new report. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. As a member of our global management consulting firm, you'll have opportunities to advise some of the world's most prominent organisations from business and the public and not-for-profit sectors, either joining as a generalist consultant or working for one of our practices. We work with bold clients who want to define the future, not hide from it. We are sorry for the inconvenience. View More. This website uses cookies to enable essential functions like the user login and sessions. We all had a great time and it was so nice to be able to speak with everyone in a non-work context. Again, keep in mind that this is base salary only, and is an average across firms. Onze Tell us about your journey since joining us. if you have any questions in the meantime. Disculpa I took part in the True North: Scholarship for Women in summer 2019 and subsequently joined the Bain London office in January 2021. Average salary for Bain & Company Management Consultant in Maldon, England: [salary]. We have Associate Consultant start dates four times per year, typically January, April, July and September. Caso continue recebendo esta mensagem, The EY consultant salary UK at the junior consultant level is around 35,000. Bain & Company is one of the world's leading management consulting firms. om ons te informeren over dit probleem. Youll find out more about this nearer the time. Interviews consist of two rounds, with first rounds held in mid-November and final rounds held in late November. Please enable Cookies and reload the page. These industry-wide trends make jumping across the pond less likely for U.S.-based consultants, and more likely for UK-based consultants. And no, it doesn't vary by anything. Besides, if you do get in, you'd find out within a year or two, and then you can make your decision whether to gun for it or not. 73% of these revenues were spent on pay. om ons te informeren over dit probleem. Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! Havea question not covered here? Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. We bring the full force of our talent, expertise and energy to build a more equitable, sustainable future for all. . As for comparison vs other MBB here. Gerald joined our London office as an Associate Consultant after completing a BSc in Economics at the University of Birmingham. Lamentamos pelo inconveniente. Interviews will be held in our London office and/or virtually via Zoom, depending on current government guidelines and candidate location. 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. Forstudents currently in their penultimate year of studyat any UK or Irish university,applications are open for the True North: Scholarship for Womenand True North: Scholarship for Black Heritage Students. What would be your best piece of advice for someone considering applying? Contact us atGraduateRecruiting.London@Bain.com. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. Do comp figures vary across industries/services or is it generally pretty consistent. Participants work in teams comprised of peers from around the world, and are led by trainers from multiple global Bain offices. Germany leads the way paying salaries 23% higher than anywhere else and almost double the lowest paying country, the UK. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Management Consultant Salary United States 2023. Bookmark content that interests you and it will be saved here for you to read or share later. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. Bainies are super helpful people and are always happy to answer questions or accommodate unique circumstances. los inconvenientes que esto te pueda causar. naar So, why are consultant salaries lower in the UK than in the U.S.? An error occurred in the Server Components render. Thanks for the valuable information! Top Consulting Firms Consulting Firms to Work For. Whilst salaries will increase every year, promotions to the next grade (e.g. How to Become a Management Consultant in 5 Steps, A comprehensive list of possible employers. They all do it very well. Commodi minus et sapiente autem rerum non sit. The community relies on everyone sharing. 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. For London, there is no wrong choice. The biggest factor in deciding which career to choose or firm to join is salary. Find more details in our comprehensive consulting salaries report. We work with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. Based on 463 salaries. What is the best thing youve learnt at Bain so far? Total Pay 52,666/yr Base Pay 7,708/yr Additional Pay Based on 145 SalariesFull Pay Details See salaries from all locations Senior Associate Consultant 9 Comments Share 1 . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Beatae sit error et qui expedita odio et. A carmaker enlisted our help to develop and roll out a new strategy for building and stocking its vehicles. Master's-level graduates get offered around $112,000 in base salary at Bain. Lets get started. Si continas recibiendo este mensaje, infrmanos del problema Bain & Company Salaries trends. What little I know of bonuses is also comparable. The lowest salary for a Strategy Consultant in London, United Kingdom is GBP39,515 per year. Stay ahead in a rapidly changing world. Passionate, diverse and ready to be your guide. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Salaries posted anonymously by Bain & Company employees. Private Equity & Venture Capital jobs available with eFinancialCareers. The community relies on everyone sharing. If you are lucky enough to be able to choose between offers, pick the one whose work and people you like more. Bain & Company 99.4% McKinsey and Co 98.9% Boston Consulting Group (BCG) 98.3% Oliver Wyman 97.7% Strategy& 97.2% Partner (4) $368 Principal (25) $277 Director/MD (52) $265 Vice President (45) $244 Engagement Manager (90) $222 Manager (147) $168 2nd Year Associate (147) $141 3rd+ Year Associate (104) $130 Senior Consultant (313) $129 But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Please enable Cookies and reload the page. PwC UK pays Consultants a nice 85,000/year. scusiamo se questo pu causarti degli inconvenienti. Associate Consultant. We worked with TelecomCo to design and implement a bold multichannel strategy for sustained growth that repositions the company as a nimble market leader. Please read and agree to the Privacy Policy. Extraordinary Outcomes. 2022 Diversity, Equity, and Inclusion Report, True North: Scholarship for Black Heritage Students page, Read the London 2021 Social Impact Report. The highest-paying job at Bain & Company is a Senior Manager with a salary of $250,000 per year. envie um e-mail para And exit ops from all are excellent. For ACs. Sign In. los inconvenientes que esto te pueda causar. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. questo messaggio, invia un'email all'indirizzo Attend career talks that spark your interest even if they are not directly linked to your area of study. Generally in the 10-30% range? Interviews during both rounds consist of case interviews, so please consider beginning to practise early helpful information and a video recorded interview can be found here. For Graduate candidates (including Masters and PhD students) and working professionals with less than two years of full-time work experience, applications are currently closed and will open again in September 2023. The average additional cash compensation for a Strategy Consultant in the London, United Kingdom is GBP 4,697, with a range from GBP 1,367 - GBP 16,140. The average Bain & Company salary ranges from approximately $95,000 per year for an Associate Consultant to $250,000 per year for a Senior Manager. What is the highlight of your time at Bain? Associate Consultant salaries - 146 salaries reported: London, United Kingdom: GBP 52,666 / yr Senior Associate Consultant salaries - 59 salaries reported: Tell us about your journey since joining Bain and Company! Weve been talking salaries for strategy consulting roles at MBB, the Big 4, and boutique firms. The community relies on everyone sharing. Greenwich Partners, London, Vereinigtes Knigreich Job: Bewerben Sie sich fr Investment associates x 2 , European Private Equity Fund - MBA level Strategy Consultants sought from firms like McKinsey, Bain and BCG in Greenwich Partners, London, Vereinigtes Knigreich. las molestias. After you apply, you will receive a link to an online assessment which must be completed by midday 25th October (BST). Office: Washington, D.C. Please help us protect Glassdoor by verifying that you're a . Average salary for Bain & Company Strategy Consultant in Elmhurst, IL: [salary]. More. naar Salaries posted anonymously by Bain & Company employees in London, United Kingdom. If you are in doubt about applying, try to attend one of the Bain events to learn more about what we do and to have the opportunity to meet actual Bainies! The average salary for a Strategy Consultant is GBP56,452 per year in London, United Kingdom. If your background is unorthodox, feel confident in knowing that Bain values it. Dont forget to practice aloud with other people and brush up on your math skills! Total Pay 49,971/yr Base Pay 8,032/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Associate 51,693/yr Avg. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. real person. What is the average consultant salary in the UK? The turnaround recipe blended a renewed commitment to core and hero brands with comprehensive, cross-functional brand planning. to let us know you're having trouble. Find Jobs ETR: Careers. We hire people with exceptional talents, abilities and potential, then create an environment where you can bring your whole self to work. If you can challenge yourself to be exceptional, and champion that spirit in others, youll fit right in. Its clear that if youre in it for the money, working in the U.S. is the place to be for consultant salaries. Salaries posted anonymously by Bain & Company employees in Hurst, England. The average annual Junior Consultant salary (AKA Consulting Analyst salary) in the UK is a bit under 40,000. Aut rerum sed quia non in qui eos. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. 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. 2,037 questions across 209 consulting firms. WSO depends on everyone being able to pitch in when they know something. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. 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. Your opportunities extend far beyond your home office, though. Crowdsourced from over 600,000 members. Stay ahead in a rapidly changing world. Si continas recibiendo este mensaje, infrmanos del problema We solve transformative challenges by working alongside our clients as one team with a shared ambitionhelp them outperform their competition and redefine their industries. These sessions are held in various global locations, from Hong Kong to Los Angeles to Rome and beyond. At every point, we want to make sure you have what you need for a long, productive and fulfilling career with us. by ManagementConsulted.. Total compensation packages for MBA consultants at the Big Three consulting firms, also known as MBB, are substantially up, by between $17,000 and $39,000. How much do consultants at McKinsey, BCG, and Bain make (in USD)? Cupiditate sed velit laborum quia. 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.. Other specialists and strategy consulting firms such as Newton Europe . 710 salaries for 115 jobs at Bain & Company in London, United Kingdom. They will demonstrate excellent academics, strong analytical and communication skills, initiative, leadership and teamwork. Total Pay 95,729/yr Base Pay 22,406/yr Additional Pay Based on 168 SalariesFull Pay Details See salaries from all locations Associate Consultant 58,000/yr Avg. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. verdade. What makes us number one on Glassdoors Best Places to Work? Wir entschuldigen uns fr die Umstnde. Technology consultant salaries in the UK? Bookmark content that interests you and it will be saved here for you to read or share later. Regular ongoing training is important too, which is why we invest in comprehensive ongoing in-office training, digital learning tools, as well as on-the-job learning. At an average base of ~155,000per year, the average partner salary UK is, understandably, the highest weve seen so far in our exploration of consultant salaries in the UK. I don't have people to do cases with. Salary progression for consultants in the UK is not unlike the progression anywhere else in the world. Total Pay 46,524/yr Base Pay 5,169/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Associate Partner Please help us protect Glassdoor by verifying that you're a Youll learn about salaries at MBB, Big 4, Accenture, and other top consulting firms in the UK. The firm advises. Private Equity / VC Jobs verfgbar bei eFinancialCareers. Please ensure that all sections of the online assessment are completed by midday, 25th October (BST). Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Deloitte Consulting in the UK pays its consultants 91,000. Si vous continuez voir ce The UK is where consultants will always earn the least amount of money with both gross and net salary being bottom by a significant margin. Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. We believe our home office model achieves the best results for our people, culture and clients. Aydanos a proteger Glassdoor verificando que eres una persona real. In 2020, Bain has committed to mentoring 50+ LGBTQ+ refugees in San Francisco, New York City, and London over the next three years in association with Tent. Bain & Company Salary (2020) | MConsultingPrep Oops, there is an error! The specific message is omitted in production builds to avoid leaking sensitive details. Average salaries for Bain and Company Consultant: [salary]. In just a few months, we helped a food company pull itself out of the red and into the black after years of slumping sales and vanishing market share. Bain Associate Consultant 52,271/yr Avg. You will attend a global training session every 18-24 months, where you'll be trained with your peers by current Bain managers and partners, who know the skills you need to succeed. Please read and agree to the Privacy Policy. Jobs; Companies; . Si vous continuez voir ce Contribute Manager para informarnos de que tienes problemas. Als u dit bericht blijft zien, stuur dan een e-mail Signing bonus: $25,000. Se continui a visualizzare Trusted by over 1,000 aspiring consultants just like you. 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. We suggest that you contact these offices directly if you are interested in following an internship or work experience please find their details here. Whether you need tech help, want to develop a specific skill or just want to move a call around an Olympic event there is no harm in asking and the vast majority of the time the answer will be yes! We hold an annual summit for our BABS and LATBA affinity groups. Modi soluta veniam quos laborum facilis fugiat non illo. Repellat placeat rerum inventore laudantium assumenda et. Caso continue recebendo esta mensagem, Is it enough to practice by myself? A full team works throughout the year to deliver projects across our capabilities to 50+ organisations within these partner portfolios. In sum, if you want to get paid in the UK, MBB or boutique firms will compensate you well above what the Big 4 firms will. message, please email Those include small team events (e.g. Thank you for the insight, really appreciate it - on a side note, out of MBB how does comp at Bain compare to Mckinsey and BCG. You will not need to submit a cover letter if applying for the Associate Consultant role in the London office. Contact us at GraduateRecruiting.London@Bain.com. Signing Bonus or Want to Sign up with your social account? In fact, we're recognised as the best in the industry at formal and informal training. Americans, on average, work more hours with less time off than their UK counterparts. For recently graduated undergraduates and Masters students, the base salaries at McKinsey, BCG and Bain in London start from 40,000 and can be as high as 45,000. If you are currently studying or if you have less than two years of experience in industry since graduation, you would be considered for the Associate Consultant role via our graduate stream. Apply to Design Bain Consulting jobs now hiring in London on Indeed.com, the worlds largest job site. Salaries vary between geographical locations and to assess the extent of the variation we have looked at the average starting salaries of five firms (McKinsey, Strategy&, Oliver Wyman, Capgemini, and Accenture) across four geographies:US, UK, Germany, Middle East. We are proud to be featured on The Times list of Top 50 Employers for Women in the UK. Do hours change at all as your progress the ladder, or do they stay somewhat similar? Se continui a visualizzare Anoushka joined our London office as an Associate Consultant after completing a MMaths in Mathematics at the University of Oxford and has since been promoted to a Consultant. Essentially, any difference is not sufficient to matter. Management Consultant Salary Differences Based on Different Locations, 3. Is compensation in the UK higher than in the U.S.? Our home staffing model creates personal champions and expansive opportunities. Quam est qui non debitis. If you continue to see this Give yourself enough time to prepare for the interviews! Debitis voluptates voluptatem doloribus. The number is essentially the same. Si continas viendo este mensaje, Bain Associate Consultant 49,971/yr Avg. It can also be helpful to look into workshops, seminars or talks that a company of interest may be running these events often provide the opportunity to ask current employees questions regarding day-to-day life in the role / company. The average UK consultant salary is ~85,000. What have bonuses typically been? 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. bain consultant salary uk. Nihil nostrum hic quia aut. Sorry, you need to login or sign up in order to vote. Please note that fluency in the national language is required in some offices. The highest salary for a Strategy Consultant in London, United Kingdom is GBP80,649 per year. | Early-stage Investor Schweiz 2042 Follower:innen 500+ Kontakte Anmelden, um das Profil zu sehen Bain & Company Aktivitten I am very. All Rights Reserved. At MBB firms in the UK (Bain, McKinsey, and BCG), analyst salaries hover around 49,500. I joined Bain after participating in the True North: Scholarship for Women and have worked on projects in the Energy and Natural Resources, Telecommunications and Financial Services sectors. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Voluptatem sit facilis quidem nemo ut totam eos magni. They are followed by the other top strategy firmsBain, McKinsey, and OC&C. Bain & Company employees rate the overall compensation and benefits package 4.4/5 . But you wont do it alone. We will be holding a number of events on campus and virtually this year you can find out about all the events were hosting here. Average salary for Bain & Company Bain Associate Consultant in Thornbury, England: [salary]. At the same time, the scope, scale and diversity of our cases will help accelerate your career. Autem est dolores modi quia nisi aut consequatur. You can choose to activate only essential cookies or all cookies. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. The lowest-paying job at Bain & Company is an Associate Consultant with a salary of $95,000 per year. 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. Bonus % vary by level, and I only know a few, so I'll keep those out. 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).