Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. 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. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Si continas viendo este mensaje, or Want to Sign up with your social account? The EY consultant salary UK at the junior consultant level is around 35,000. The number is essentially the same. The assessment will cover questions on your behavioural preferences, numerical, verbal and logical reasoning. Aydanos a proteger Glassdoor verificando que eres una persona real. Sorry, you need to login or sign up in order to vote. Bain's consultant salary in the UK is the highest out of the three at 97,000. Please enable Cookies and reload the page. Find Jobs ETR: Careers. The average salary for Strategy Consultant is GBP56,452 per year in the London, United Kingdom. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. They will demonstrate excellent academics, strong analytical and communication skills, initiative, leadership and teamwork. Aydanos a proteger Glassdoor verificando que eres una persona real. For London, there is no wrong choice. And find the best graduate job opportunities on Bright Network. Please help us protect Glassdoor by verifying that you're a 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. Thus, the cost of living can vary considerably for consultants working in the US, while most UK consultants can expect London living expenses, which doesnt help. Consulting is competitive, but fundamentally Bain is looking for smart and interesting people. Si continas recibiendo este mensaje, infrmanos del problema These are the bases (Im ball parking very mildly, bare minimum of rounding). McKinsey and BCG pay 90,000 and 93,000 respectively. Industry leaders and disruptors come to us to solve industry-defining challenges. Youll be surrounded by people who challenge, support and inspire youpersonally and professionally. What is the highlight of your time at Bain? Those include small team events (e.g. So, why are consultant salaries lower in the UK than in the U.S.? 73% of these revenues were spent on pay. 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. Not a problem, please make sure you include as much detail as possible in your application. The average IT consultant salary in the UK is ~45,000. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. Americans, on average, work more hours with less time off than their UK counterparts. 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, Global transfers: Temporary and permanent relocation opportunities to work in other offices around the world, Parental leave: Generous parental leave coverage in every region for your most important transition, "Take Two": Extended breaks that allow eligible Bainies to take two months off to rejuvenate and/or fulfill personal goals, Leaves of absence: Longer sabbaticals and leaves of absence for times when life pulls you in different directions, Flextime: Part-time and job-sharing options for times when family or personal needs take priority. We asked them about their Bain journeys so far. What is the best thing youve learnt at Bain so far? At a global session you won't sit in lecture hallsyou'll learn in small groups with an enjoyable mix of presentations, exercises, role-playing and experience sharing. 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) $129 We are sorry for the inconvenience. Tell us about your journey since joining Bain and Company! Do comp figures vary across industries/services or is it generally pretty consistent. How to Become a Management Consultant in 5 Steps, A comprehensive list of possible employers. ), leading to burnout and retention issues. Bookmark content that interests you and it will be saved here for you to read or share later. Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. I have also become increasingly involved in recruiting, particularly regarding diversity as a True North Scholarship buddy. Onze The cost of living in America is higher as well, as Americans find themselves paying for things many Brits dont dream of paying, as the UK has more of a societal safety net compared to the U.S. On top of lower salaries, UK consultants also generally have lower purchasing power. What is the average consultant salary in the UK? The UK is where consultants will always earn the least amount of money with both gross and net salary being bottom by a significant margin. Our offices in London are conveniently located a stone's throw from the vibrant Soho area and within the East London business district of Canary Wharf. Si vous continuez voir ce Does Mckinsey still in general have higher bases with lower bonuses? Well, my bonus (which was the max possible at my level), was about ~21%. In mid-2019, due to increasing competition for MBA talent from other industries such as Finance and Technology, McKinsey, Bain, and BCG (the MBB firms) increased their base salaries to US$ 165,000 for MBA hires. Youll also have a home office program manager, a personal advocate who works to make sure your experience at Bain aligns with your personal and professional goals. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. . Total Pay 38,105/yr Base Pay 3,811/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Analyst Qui veritatis molestiae unde a eos autem repudiandae omnis. Any information would be much appreciated! Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. pour nous faire part du problme. The highest-paying job at Bain & Company is a Senior Manager with a salary of $250,000 per year. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Work with our team to prepare your CV for applications today. A digest property is included on this error instance which may provide additional details about the nature of the error. This is comparatively high compared to graduate salaries in most other fields. Gerald joined our London office as an Associate Consultant after completing a BSc in Economics at the University of Birmingham. Ci Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. We just had a 5% bump in Jan. 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. We will use our global office network to ensure we have a full picture of international grades in order to assess your application. Based on 463 salaries. With a strong support system, global experience and opportunities to work with diverse teams, youll develop broad expertise that helps you prepare for whats next, wherever that takes you. Please enable Cookies and reload the page. Signing Bonus 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! The average UK consultant salary is ~85,000. The highest-paying job at Bain & Company is a Manager with a salary of $209,388 per year. Omnis et labore aut aut consectetur unde non rerum. 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. We worked with TelecomCo to design and implement a bold multichannel strategy for sustained growth that repositions the company as a nimble market leader. Interviews will be held in our London office and/or virtually via Zoom, depending on current government guidelines and candidate location. We all had a great time and it was so nice to be able to speak with everyone in a non-work context. pour nous faire part du problme. Upload your CV. But you wont do it alone. Bain & Company Salaries trends. Dont forget to practice aloud with other people and brush up on your math skills! Quam est qui non debitis. Associate Consultant. Average salary for Bain & Company Strategy Consultant in London, ON: [salary]. Youll develop broad expertise across industries and business challenges, allowing you to explore different areas of interest to pursue as you advance. para nos informar sobre o problema. scusiamo se questo pu causarti degli inconvenienti. Our commitment to diversity, inclusion and collaboration is key to building extraordinary teams. This is an increase of over $ 12,500 as compared to the 2018 base salary in Consulting. The community relies on everyone sharing. What would be your top tip to final year students? Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. Find salaries. 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. Deloitte Consulting in the UK pays its consultants 91,000. Zurich, Switzerland . These industry-wide trends make jumping across the pond less likely for U.S.-based consultants, and more likely for UK-based consultants. The strategy seemed simpletransform the client's production model from supply-push to a long-term strategy that crossed functional and value chain borders. How much does a Strategy Consultant in London, United Kingdom make. Rachel joined our London office as an Associate Consultant after completing a Bachelors in Chemical & Bioprocess Engineering at University College Dublin. Is it enough to practice by myself? Wenn questo messaggio, invia un'email all'indirizzo The community relies on everyone sharing. Whilst salaries will increase every year, promotions to the next grade (e.g. Please note that fluency in the national language is required in some offices. 1 reactions. As intense competition and digital media innovations redefine the industry landscape, one of Asia-Pacifics largest telecommunications companies needed our help. Only your bonus will vary based on your own performance. Generally in the 10-30% range? But I don't have visibility on those yet. Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. 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. We hire people with exceptional talents, abilities and potential, then create an environment where you can bring your whole self to work. At the post-MBA level folks with an MBA, PhD, or ~7+ years work experience that jumps up quite a bit to ~85,000. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. Recent projects cover all of our focus areas and include organisations as diverse as theUNHCRto local food bank charities. We have Associate Consultant start dates four times per year, typically January, April, July and September. We hold an annual summit for our BABS and LATBA affinity groups. Please could anyone add any salary or bonus information for the below roles (ball park figures are fine too): Associate Consultant (straight out of uni), Associate Consultant (experienced hire 2+ yoe). Beyond the cultural differences between the U.S. and the UK, an important contrast is salary. If you are at that level, you are getting this much. More. The firm advises. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. What would be your best piece of advice for someone considering applying? Do you have questions on this blog article? Autem est dolores modi quia nisi aut consequatur. Bain Associate Consultant 49,971/yr Avg. Find jobs. Based on 82 salaries . Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Experience Bain & Company 4 years Consultant Dec 2022 - Present4 months London, England, United Kingdom Private Equity Group Senior Associate Consultant Nov 2021 - Dec 20221 year 2 months. The UK Consultant salary at MBB firms ranges from 90,000-97,000. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. This website uses cookies to enable essential functions like the user login and sessions. The lowest-paying job at Bain & Company is an Associate Consultant with a salary of $95,000 per year. The USA is not considered to have adequate data protection legislation. Participants work in teams comprised of peers from around the world, and are led by trainers from multiple global Bain offices. Bonus % vary by level, and I only know a few, so I'll keep those out. Also, do these hours include travel as part of work, or is that extra? See you on the other side! I took part in the True North: Scholarship for Women in summer 2019 and subsequently joined the Bain London office in January 2021. Master's-level graduates get offered around $112,000 in base salary at Bain. Entdecken Personen E-Learning . Associate Consultant salaries - 146 salaries reported: London, United Kingdom: GBP 52,666 / yr Senior Associate Consultant salaries - 59 salaries reported: Each grade promotion is worth an approximate 20-30% increase in salary. 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 550+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. And exit ops from all are excellent. 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). Bain & Company Salary (2020) | MConsultingPrep Oops, there is an error! enviando un correo electrnico a Consultant 113,634/yr Avg. Top Consulting Firms Consulting Firms to Work For. an. Bain Associate Consultant 52,271/yr Avg. Give yourself enough time to prepare for the interviews! Greenwich Partners, London, United Kingdom job: Apply for Investment associates x 2 , European Private Equity Fund - MBA level Strategy Consultants sought from firms like McKinsey, Bain and BCG in Greenwich Partners, London, United Kingdom. Youll learn about salaries at MBB, Big 4, Accenture, and other top consulting firms in the UK. While top management consulting firms have thriving office locations in the UK, including EY, Deloitte, Accenture, McKinsey, and BCG, unfortunately, most firms pay much less than their U.S. counterparts. 710 salaries for 115 jobs at Bain & Company in London, United Kingdom. Do hours change at all as your progress the ladder, or do they stay somewhat similar? 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! They all do everything. Attend career talks that spark your interest even if they are not directly linked to your area of study. Essentially, any difference is not sufficient to matter. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Consulting, and OC&C Strategy Consultants all pay north of 45,000 at the entry-level Analyst position in the UK (more numbers. 147 salaries. 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. 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. Als u dit bericht blijft zien, stuur dan een e-mail 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. The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. excuses voor het ongemak. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. 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. On top of this I am a member of South Asians at Bain and support both the True North programmes. 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. Youll work on integrated teams and collaborate with a network of digital innovators to deliver better, faster and more enduring results. Germany leads the way paying salaries 23% higher than anywhere else and almost double the lowest paying country, the UK. It really highlighted how great the people at Bain are both in and out of work. Since joining I have worked on two cases: a value creation plan in Consumer Products and a cost and transformation case in the Transport industry. 32 Bain And Company Jobs in India Associate- Data Scientist Bain & Company Gurugram, Haryana, India Actively Hiring 1 month ago Associate - IIM Indore (Batch of 2023) Bain & Company Gurugram,. Interviews consist of two rounds, with first rounds held in mid-November and final rounds held in late November. 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. But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. The role is usually called either Consultant or Associate, depending on the firm.