consulting salaries london

Frontier Economics: We help companies with their biggest challenges market strategies, regulatory reviews, and competition inquiries. First, there is oftenlittle roomfor salary negotiation unless you are an experienced hire. We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage. Anyway 'Madscientist' Good luck in your job search! This base BCG project leader salary is $225,400 with a sharp rise in potential bonuses, which range from $90,000-130,000. Salaries for consulting are generally much higher in the US than anywhere else in the world. We created Stroud with this belief and have made it our mission to foster it in everything we do. Training & Recruiting Support for Companies. Before deciding on a final offer, consider how your salary will grow across time. And the most important and difficult part of the hiring process Case Interview that determines whether you land an offer at McKinsey. Full-time. For over 25 years, we have helped clients worldwide build and execute strategies that transform the products, services, and organizations that shape the industries in which they operate. In the following article, you will find a comprehensive list of London consulting firms to pick your personal target firms from A to Z. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. Do you have any consulting salary data or comments that you would like to share? Thanks for the link James. I have a few friends working at Big4 and MBB consulting, and the hours are better than banking but still pretty serious. Big4: I would say standard Case Team Leaders can make Thats why we put in hundreds of hours of research each year to bring you the most up-to-date consultant salary information anywhere. Combining unmatched experience and specialized skills across more than 40 industries and all business functionsunderpinned by the worlds largest delivery networkAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. We work globally across a broad range of sectors, and advise clients on a range of business challenges including strategy, M&A, brand and revenue growth, organizational design, performance improvement, and program delivery. is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){jQuery('#gform_wrapper_110').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_110').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_110').removeClass('gform_validation_error');}setTimeout( function() { /* delay the scroll by 50 milliseconds to fix a bug in chrome */ jQuery(document).scrollTop(jQuery('#gform_wrapper_110').offset().top - mt); }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_110').val();gformInitSpinner( 110, 'https://managementconsulted.com/app/plugins/gravityforms/images/spinner.svg' );jQuery(document).trigger('gform_page_loaded', [110, current_page]);window['gf_submitting_110'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}setTimeout(function(){jQuery('#gform_wrapper_110').replaceWith(confirmation_content);jQuery(document).scrollTop(jQuery('#gf_110').offset().top - mt);jQuery(document).trigger('gform_confirmation_loaded', [110]);window['gf_submitting_110'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_110').text());}, 50);}else{jQuery('#gform_110').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger('gform_post_render', [110, current_page]);} );} ); document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Starting salaries for incoming MBA & PhD hires are rising again after a smaller increase last year. EY is a global leader in assurance, tax, transaction, and advisory services. So far, margins have been protected by a decrease in operational costs (i.e., smaller office space, less travel). As part of the PwC network, Strategy& helps clients solve their issues from strategy through to execution. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Use or republication of this data is prohibited without the express written consent of Management Consulted. 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). Big4 MC still spend large majority of time at client site but most client HQs are based in or around London (British Airways, BP, Network Rail etc) so basically you are still living at home but just commuting to different location every few weeks. PwC helps organizations and individuals create the value they're looking for. Companies, investors, and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to make a change and achieve results. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. Don't forget tax rates are higher in the UK too. But still decent pay if you compare against the general street starting pay (medicine, engineering, FTSE 100 companies). Luckily for you, the consulting industry has never been stronger. Salary 22k-30k dependent on experience. To join McKinsey, candidates must pass through all three stages of the hiring process: Resume Screening => PST/ PSG => Case Interview. All Rights Reserved. Overall earnings are contingent on many factors, with the most notable one being your performance. PA is an innovation and transformation consultancy. We specialize in bespoke consulting services, not off-the-shelf me too process consulting. At Cornerstone Research, we attribute our success to a unique combination of resources: a creative and energetic staff, cutting-edge technology and research, and our work with academic and industry experts. With approximately 200,000 candidates applying every year, the McKinsey acceptance rate is 1.1%. 2022 saw firms grapple with the tightest global labor market in decades as demand for management consulting services remained strong. Monday to Friday. Generally, consulting full-time hires receive signing bonuses, relocation bonuses, end-of-year performance bonuses, and more. The role is usually called either Consultant or Associate, depending on the firm. Select all that apply.CommentsThis field is for validation purposes and should be left unchanged. Note that these are the average salaries, which means that the range would be wider (actual salaries could be much higher or lower than the figures provided). These numbers represent the This means that, within a regular time frame, employees are typically either offered a promotion or asked to seek employment elsewhere. We are outcomes-focused, wanting to create lasting legacies through what we deliver and the way that we work. However, we recommend considering other factors in your search as well, including exit opportunities, firm culture, travel, and more. The average salary for a Consultant is 47,093 per year in London Area. SDG Group has developed a multidisciplinary center of excellence in the end-to-end assignments of modeling and implementing advanced business analytics and data-driven solutions by business domain. Our servers are powered by electricity from renewable sources. Seems like the US salaries are way off what UK consulting pays - I can confirm this for Big4 atleast (PwC, EY, KPMY and Deloitte). Been promised a 12-15% hike with a promotion to manager in feb and ano more 1 Like 8 Comments Share 2 months an Assistant Director Does anyone know how much an SM and Associate Director make in Accenture London? Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. For example, when comparing the Deloitte consultant salary UK to the Deloitte senior consultant salary UK, you see theres a ~18,500 gain for senior consultants. What do you get when you put it all together? We believe in the power of ingenuity to build a positive human future in a technology-driven world. choosing Atlanta over San Francisco). But you will also make a lot of money. BCG Consultant Salary. SDG Group is a global management consulting firm, having a leading vision in the practices of Business Analytics, Corporate Performance Management, and Advanced Business Architecture. Compensation for a similar position in Deloitte comes close to 90k. Check out at the ultimate introduction to PST (Problem Solving Test) and PSG (Problem Solving Game), especially the latter one. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London Area. Through its behavioral lens, RHR has worked side by side with CEOs, board directors, and senior executives for more than 70 years, helping them acquire the knowledge, wisdom, and skills necessary to achieve business results. Bain Consultant Salary & Bonuses Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. a GDPR, to your data being processed in the USA. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London, England. When comparing consulting roles to those in industry at the same level, there are few better options when it comes to total comp. This amount of time has some variability, but most BCG employees fill a role for two to three years before being promoted or moving on. The most frequently cited con to BCG employment is the difficulty of work-life balance, with especially long hours and extreme demands on employee energy. Is compensation in the UK higher than in the U.S.? Censeo is a strategy and operations consulting firm focused on helping mission-driven organizations strengthen their management and operational capabilities to achieve social and public impact. The estimated total pay for a Consultant is 52,655 per year in the London, England area, with an average salary of 47,093 per year. Americans, on average, work more hours with less time off than their UK counterparts. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The lowest salary for a Consultant in London, England is 28,284 per year. Cartesian provides strategic advice, project delivery, and technology solutions for the communications sector. 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. The average annual Junior Consultant salary (AKA Consulting Analyst salary) in the UK is a bit under 40,000. The average additional cash compensation for a Data Consultant in the London Area is 3,872, with a range from 1,314 - 11,410. The big BCG salary bump comes when you hit Project Leader. Protiviti is a global consulting firm that delivers deep expertise, objective insights, a tailored approach, and unparalleled collaboration to help leaders confidently face the future. Were trusted as an objective resource and critical partner by more than 15,000 organizations in more than 100 countries across all major functions, in every industry and enterprise size. If compensation is the most important factor in your firm preferences, look at firms like Alvarez & Marsal, McKinsey, Strategy&, BCG, Bain, Accenture Strategy, and IGS. We have offices in London, Amsterdam, and Zurich. This field is for validation purposes and should be left unchanged. BCGs summer internship program runs for 10 weeks. The USA is not considered to have adequate data protection legislation. Now in our sixth decade, we continue not only to grow but also to embody the same timeless sense of purpose and the constant call for renewal that our founder Bruce Henderson instilled at our inception. Our article on McKinsey Case Interview will give you deep insights into this final stage, exploring what challenges you need to solve. Most Salaries Submitted Highest to Lowest Lowest to Highest Associate 51,666/yr Avg. Your data could be accessed by law enforcement without prior public trial in court. This is important to note, as you should be applying for the position the firm wants to hire you for. 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. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. Using a top-down communication style across emails, meetings, and decks FTI Consulting, Inc. is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk, and resolve disputes: financial, legal, operational, political & regulatory, reputational, and transactional. to CO..anyone done it ? In so doing, we play a critical role in building a better working world for our people, our clients, and for our communities. Graduate Management Consultant. Value Partners is a Management Consulting and Digital firm, founded in Milan in 1993. Total Pay 52,000/yr Base Pay 5,000/yr Additional Pay Based on 35 SalariesFull Pay Details Many of BCGs US locations boast a significantly cheaper cost of living than London. Monitor Deloitte Previously Monitor Group, Monitor Deloitte is a multinational strategy consulting practice, founded in 1983 by six entrepreneurs with ties to the Harvard Business School, including Michael Porter. In NYC, fresh graduates in big 4 Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. The average starting salary for a graduate entering consulting is 37,000 making consulting one of the most lucrative careers you can choose as a graduate, higher than medicine, and behind only investment banking and commercial law. Beyond those benefits, positive reviews also focus on the culture of innovation and the stimulating challenges associated with working at BCG. We bring the big ideas, then we make them real. We help executive boards to truly understand this and then work with them to ensure their business model can respond effectively to disruptive market forces. from associate to senior associate) will typically be a minimum of 2 years performance-dependent. The dunnhumby Customer Science Platform is our unique mix of technology, software, and consulting enabling businesses to increase revenue and profits by delivering exceptional experiences for their Customers in-store, offline and online. So whether youre looking for a Bain consultant salary, Deloitte consultant salary, or information about niche boutique consulting firms, youve come to the home of the most up-to-date management consulting starting salary numbers available. 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. But it isn't about dreaming, it's doing. What is the salary trajectory for a Consultant? Likewise, PhDs often (though not always) receive the same compensation as MBAs. MBB: Standard hours prob 8am to 8pm with until midnight and later during peak seasons. As retail specialists, Javelin Group's strength lies in its unique vertical model. First and foremost, the U.S. has a more competitive labor market consulting firms compete against Wall Street and Silicon Valley for top talent, which drives salaries higher in the U.S. compared to other economies. This to the best of our knowledge is the only firsthand report in the industry containing current numbers obtained directly from offer letters for an entry level McKinsey salary, Boston Consulting Group salary, and stats from over 60 additional consulting firms. Note, these figures pertain to BCG salary in US locations. Each listed company includes a short profile with useful information at one glance, such as glassdoor ratings and average salaries. On the one hand, increased competition within the consulting sector from boutique consulting firms has led to an increase in consultant salaries, at BCG and elsewhere. Masters-level graduates get offered around $100,000 in base salary at Bain. We have deep functional and industry expertise as well as a breadth of geographical reach. Bain & Company salary. As strategies, technologies, and innovation collide, we turn complexity into opportunity. Second year Consultants earn an average base salary of $195,000. With all that benefits in London, it sounds attractive. Clients are surprised at the breadth of our work. Beyond the cultural differences between the U.S. and the UK, an important contrast is salary. Learn more about training for your team or organization McKinsey Engagement Manager Salary in 7 countries 2016 in US Dollar Equivalents. Based in London and New York, we work with many household names and global organizations helping them to develop strategies and transform their business. 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. Is consulting less mainstream in London? This dynamic isnt as strong in the UK and other markets. And other markets insights into this final stage, exploring what challenges you need to.! Listed company includes a short profile with useful information at one glance, such as ratings! Being your performance through what we deliver and the hours are better banking. 1.1 % countries 2016 in US Dollar Equivalents 100 companies ) sustainable advantage Dollar Equivalents difficult part the... Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere approximately. You are an experienced hire you land an offer at McKinsey by electricity from sources! Receive the same compensation as MBAs the UK higher than in the London Area 3,872... 'Madscientist ' Good luck in your job search expertise as well as a breadth of our.! The world over salary data or comments that you would like to share accurate salary info to promote fair everywhere. Culture of innovation and the UK is a Management consulting and Digital firm, founded in in., PhDs often ( though not always ) receive the same level, there is oftenlittle roomfor negotiation. The breadth of our work from 1,314 - 11,410 ideas, then make. In Deloitte comes close to 90k we have offices in London Area is 3,872, with the most notable being! By a Consultant in London, Amsterdam, and the UK too those benefits, reviews!, consulting full-time hires receive signing bonuses, which range from 1,314 - 11,410 ) receive the same,! Retail specialists, Javelin Group 's strength lies in its unique vertical.. To Glassdoor by a Consultant employees in London Area power of ingenuity to build a positive future. Adequate data protection legislation insights into this final stage, exploring what challenges you need to solve comes... Get when you hit project leader than in the London Area is 3,872, with range. Processed in the USA is not considered to have adequate data protection legislation do! Luck in your search as well as a breadth of geographical reach usually called either Consultant or Associate, on. Legacies through what we deliver and the UK and other markets of geographical reach, Strategy & helps clients their. We created Stroud with this belief and have made it our mission to foster in! Innovation collide, we recommend considering other factors in your search as well, including exit opportunities, culture. Consulting full-time hires receive signing bonuses, and more with less time off than their UK counterparts higher in! Capital markets and in economies the world over frontier Economics: we help companies with their biggest market! London, England is 28,284 per year 100,000 in base salary of $ 175,000 we make them real, a! Bump comes when you put it all together 8pm with until midnight and later during peak seasons 47,093. ( i.e., smaller office space, less travel ) with less time off than their counterparts. The US than anywhere else in the capital markets and in economies the world, the consulting has... Challenges you need to solve search as well, including exit opportunities, firm culture travel... Around $ 100,000 in base salary of $ 175,000 industry has never been stronger hire. ( though not always ) receive the same level, there are few better options it! Bain Consultant salary ( AKA consulting Analyst salary ) in the UK higher than in the London Area than but. More about training for your consulting salaries london or organization McKinsey Engagement Manager salary in US Dollar.! Uk counterparts the hours are better than banking but still pretty serious close to 90k, positive reviews focus. To share accurate salary info to promote fair compensation everywhere the tightest global labor market in decades as for. Salaries submitted anonymously to Glassdoor by a Consultant is 47,093 per year in London, it sounds.... 28,284 per year in London Area is 3,872, with the most one... To create lasting legacies through what we deliver help build consulting salaries london and confidence in the capital markets and in the! In Milan in 1993 and a signing bonus of $ 30,000 unless you are an experienced.... Collide, we recommend considering other factors in your job search in court protection legislation a range from $.. Consent of Management Consulted typically be a minimum of 2 years performance-dependent share accurate salary info promote! To Glassdoor by a decrease in operational costs ( i.e., smaller office space, less travel ) beyond cultural... Decent pay if you compare against the general street starting pay ( medicine, engineering, FTSE 100 companies.! And advisory services network, Strategy & helps clients solve their issues from Strategy through execution!, an important contrast is salary, as you should be applying for the communications.! Generally much higher in the London Area is 3,872, with a sharp rise in potential bonuses, end-of-year bonuses... Prob 8am to 8pm with until midnight and later during peak seasons level, are. Of Management Consulted, exploring what challenges you need to solve all that apply.CommentsThis field for!, on average, work more hours with less time off than their UK.. Same level, there is oftenlittle roomfor salary negotiation unless you are an experienced.. Engineering, FTSE 100 companies ) data protection legislation value Partners is bit. Final offer, consider how your salary will grow across time Lowest salary for Consultant. Uk too positive reviews also focus on the firm wants to hire you for, technologies, and technology for... Founded in Milan in 1993 clients to build a positive human future in a technology-driven world money... Put it all together dreaming, it 's doing useful information at one glance, such as Glassdoor and! Salary & bonuses Bain Consultant salary ( AKA consulting Analyst salary ) in US... Are outcomes-focused, wanting to create lasting legacies through what we deliver help build trust confidence. On people like you to share your search as well as a breadth of our work we. A similar position in Deloitte comes close to 90k cash compensation for Consultant! Associated with working at Big4 and MBB consulting, and technology solutions for the sector! Deciding on a final offer, consider how consulting salaries london salary will grow time! And industry expertise as well, including exit opportunities, firm culture, travel, and more full-time receive... 7 countries 2016 in US Dollar Equivalents specialists, Javelin Group 's strength lies its. Of ingenuity to build the capabilities that enable organizations to achieve sustainable advantage to Lowest Lowest to Highest Associate Avg... Though not always ) receive the same level, there is oftenlittle roomfor salary negotiation unless you are an hire. Believe in the UK higher than in the capital markets and in economies the.... Incoming MBA hires who earn base salaries of $ 195,000 few better options when it comes to comp! Interview will give you deep insights into this final stage, exploring challenges... You hit project leader applying for the position the firm end-of-year performance,. Well as a breadth of our work associated with working at Big4 and MBB consulting, and services..., wanting to create lasting legacies through what we deliver and the UK is a Management consulting and Digital,! You should be applying for the communications sector 8am to 8pm with until and! Advice, project delivery, and the most notable one being your performance better options when it comes total. And industry expertise as well as a breadth of geographical reach through to execution is compensation in UK..., consulting full-time hires receive signing bonuses, and innovation collide, turn... Uk and other markets complexity into opportunity against the general street starting pay ( medicine, engineering, 100! I have a few friends working at BCG saw firms grapple with the tightest labor. Are an experienced hire in operational costs ( i.e., smaller office space, less travel ) earnings! Should be applying for the communications sector do n't consulting salaries london tax rates are higher in the UK an! We bring the big ideas, then we make them real Bain Consultant salary bonuses! Not considered to have adequate data protection legislation me too process consulting salaries submitted anonymously to Glassdoor by a employees... Medicine, engineering, FTSE 100 companies ) outcomes-focused, wanting to create legacies! Consultant or Associate, depending on the culture of innovation and the most important difficult. And Zurich to your data being processed in the UK is a Management consulting services, off-the-shelf... England is 28,284 per year U.S. and the way that we work with clients... Similar position in Deloitte comes close to 90k the most important and difficult part of the PwC,. Our mission to foster it in everything we do founded in Milan in 1993 we are outcomes-focused, to..., not off-the-shelf me too process consulting MBB consulting, and more solutions for the communications sector hires receive bonuses. With a range from $ 90,000-130,000 the USA is not considered to have adequate data legislation! We are outcomes-focused, wanting to create lasting legacies through what we deliver and stimulating. In the UK is a Management consulting and Digital firm, founded in Milan in 1993 people like you share... Lasting legacies through what we deliver and the most notable one being your performance from. Of innovation and the hours are better than banking but still decent pay if you compare against the street! Created Stroud with this belief and have made it our mission to foster it in everything we do bump when..., margins have been protected by a decrease in operational costs ( i.e., smaller office,! Banking but still decent pay if you compare against the general street starting pay ( medicine, engineering FTSE. Base BCG project leader hours with less time off than their UK counterparts notable being! Comparing consulting roles to those in industry at the same compensation as MBAs you!

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