Consulting firms serve a broad range of industries and clients, so the expertise and insights that experienced hires bring are invaluable to their work. best business schools for the consulting industry, What Does A Management Consultant Do? Start here | Success stories | Reality check | Knowledgebase | Scholarships | Services, I am MBA graduate not from top bschool. The average base salary for a manager in the United States is $180,000 and the average total salary is $233,000. The average base salary for a partner at McKinsey & Co in the United States is $477,000 and the average total salary is between $1m and $1.5m. In other words, they must organize the tasks that BAs, junior consultants, and senior consultants need to carry out, ensure that work is delivered on time and that the proposed solutions are effective. Business Analyst (BA) is the typical entry-level position for management consultants with an undergraduate degree. Required fields are marked *. In France, the average BA base salary is €52,000 with a total average salary coming in at €58,000. Management consultant salaries in the United States will vary by position and experience. The problem that I am facing is I don t like working in IT and that I left HVAC company because there was no good environment there, Now I am too confused and don’t know which field to choose? This estimate is based upon 2 McKinsey & Company Management Consultant salary report(s) provided by employees or estimated based upon statistical methods. The additional pay consists of cash bonuses. Consultant, Web Development Services salaries at Synpulse Management Consulting can range from $3,670-$3,917. The average total salary is $196,000 with the additional pay consisting of cash bonuses, stock bonuses, and profit-sharing. The average total salary is $77,000 and the additional pay consists of cash bonuses, stock. In the middle of 2019, MBB increased MBA & PhD base salaries to $165,000, and other firms have now increased MBA & PhD salaries to follow suit. The average total salary is $209,000 and the additional pay consists of cash bonuses and profit sharing. For instance, here is a McKinsey Business Analyst job description: The role of Consultants and BAs overlap in many ways. ... locations and roughly comparable pay, but nowhere near the career development opportunities. In the US, BAs working for Bain & Co can expect to make $86,000 annually in base salary. Senior consultants are more specialized than junior consultants and carry out more of a leadership role. The additional pay consists of cash bonuses and profit sharing. The average base salary for a principal working at Accenture in France is €96,000 and the average total salary is €111,000. - Career in Consulting, Why Consulting: How To Answer This Question - Career in Consulting. The average based salary that junior consultants in the United States can expect to receive is $112,000, with the total average salary being $125,000. Your email address will not be published. BAs working at Deloitte in France receive an average base salary of €42,000 and an average total salary of €43,000. If it’s the former, then an MBA may not change the scenario completely since the pre-MBA skills will not change. Those six-digit salaries are a major point of attraction for the best and brightest … Turning to Google might seem like the logical step to take but expect to be overwhelmed by the amount of arbitrary information that is presented to you. Accenture pays partners $297,000 in average base salary in the US. As such, they are generally responsible for leading BA and junior consultant teams. Furthermore, it’s always good practice to look beyond the management consulting salary alone to determine the best offers such as your fit with the firm’s culture, the types of projects or the exit opportunities. 2014 PWC Consulting Belfast Asset Management as a career? The total average salary comes in at $0.9m – $1.2m range with the additional pay consisting of cash bonuses. In France, the average junior consultant base salary is €75,000 with a total average salary coming in at €94,000. Management Consulting Salary and Career Development New graduates usually start their careers as an analyst or junior consultant, before progressing to a full consultancy role. Cash bonuses and profit sharing make up the additional pay. Accenture offers managers $135,000 in average base salary in the US. The responsibilities below are broad strokes and will give you a basic sense of what type of activities you’d be primarily responsible for at each level. I have a Pass average (around 52%) from one of Australia’s top 10 Universities. Filter by location to see Management Consultant salaries in your area. @Sandeep: You sure can target an MBA, but also give some thought into why you haven’t been able to get a job for 8+ months Is it your super niche experince or something else. Forbes has partnered with market research company Statista to simplify this process by producing our annual ranking of America’s best management consulting firms. . Mannheim being the most confident option. Reason for low score: Furthermore, depending on your performance and potential, some consulting firms will offer to sponsor your MBA studies. At management consulting firms, the career ladder usually has 4 to 5 levels: Level 0: Intern – Most consulting interns support other consultants by collecting data or running analyses.Not every consulting firm offer internships. 11 Vipany Management Consulting Reviews by current and past employees about salary & benefits work culture skill development career growth job security work-life balance and more. On the other hand, if you are on the other side of the spectrum, you can face the “up or out” policy. The average base salary for consultants working at Accenture in France is €52,000 and the average total salary is €54,000. Also, keep in mind that there are no absolutes in the industry. The average total salary is $79,000 with the additional pay consisting of cash bonuses, stock bonuses, and profit-sharing. To begin with, experienced hire simply means hiring candidates that have worked and held a full-time job before. The additional pay is made up of cash bonuses, stock bonuses, and profit-sharing. Principals have established themselves as experts in their field or specialized industry. For instance, companies such as Google, Amazon, Facebook, or Apple offer a good salary range, and lots of other perks (e.g. What are my chances of scoring entry into the likes if INSEAD, LBS etc…i.e. BCG in France pays senior consultants an average base salary of €96,000 and a total average salary of €116,000. You now have a firm understanding of management consulting, including the typical career progression pathways, and the standard job descriptions at each level. @Zaid: Getting into good mnagement consulting jobs is very difficult. The additional pay consists of cash bonuses, stock bonuses, and profit-sharing. The additional pay consists of cash bonuses. In the US, principals working for Bain & Co can expect to make $219,000 annually in base salary. Bain & Company Senior Associate and Consultant Salary. Management consulting salaries are a critical factor when you’re considering job offers. of client problems together with the suggested solutions. Plus, these 2x articles to write a winning resume, and a persuasive and customized cover letter. Furthermore, BAs will often be tasked with building financial models using tools like Excel to reinforce any recommendations as well. There are some salary progression posts for accountants, like here: https: ... Also in consulting, just started with 70k (salary + bonus) with about another 7k in expected profit sharing bonus. The average total salary is €300,000 with the additional pay consisting of cash bonuses, stock bonuses, and profit-sharing. Accenture offers BAs $78,000 in average base salary in the US. In the US, senior consultants working for Bain & Co can expect to make $158,000 annually in base salary. The additional pay consists of cash bonuses, stock bonuses, and profit-sharing. However, before you look at the numbers, remember that management consulting salaries can vary significantly by location, and job titles can differ across companies. The average based salary that principals in the United States can expect to receive is $231,000, with the total average salary being $363,000. Only a smaller percentage move up (i.e. At the end of the day your performance will dictate how far and how fast you climb up the corporate ladder. In consulting, this means Managers spend most of their time problem structuring, managing the analysts’ individual workstreams, and synthesizing them into a cohesive analysis. If you are only exploring the field, here are some tips to help you crack Management consulting interview questions. if you hired the COO of a division at a client). but considering that I am not from a very reputed college or have a wonderful credentials I am perplexed what to do next and how to find the job that I love.. Glad to connect again with the insightful posts.With around 9 years experience in financial operations, how good are the chances to break into consulting.I am in a state of dilemma here as to take that long break off work and get to business school or is there any possibility to switch to consulting banking only on the experience. Cash bonuses and profit sharing make up the additional pay. Certificate in Agricultural Engg. There are 3x entry points into consulting: Furthermore, if you want to learn more about the McKinsey recruitment process, check this article. The average total salary is $104,000 with the additional pay consisting of cash bonuses, stock bonuses, and profit sharing. @GP: Since you have already got into a global consulting firm and have been there for several years, it may be easier for you to convince Adcoms that your GPA will not come in the way of your professional success. The average based salary that partners in France can expect to receive is €240,000, with the total average salary being between €1m and €1.2m. Many consultants may choose (or be coerced) to move out. 2. A top MBA can help since many consuting firms recruit on campus. To conclude, here are key differences between graduate hires and experienced hires: You now have a firm understanding of management consulting, including the typical career progression pathways, average management consulting salaries at leading global organizations, and the standard job descriptions at each level. Senior consultants working at Deloitte in France receive an average base salary of €53,000 and an average total salary of €59,000. Share. With an IT background, you are getting into HR / Marketing and hoping to get into strategy consuling. As such, they are generally responsible for leading BA and junior consultant teams. On the other hand, if you are on the other side of the spectrum, you can face the “up or out” policy. @Shweta: I’m not sure about your approach. Cash bonuses and profit sharing make up the additional pay. Close. you can expect to take on your journey from an entry-level analyst all the way through to making partner at five of the most respected management consulting firms. Considering the bigger pressure of moving ‘up or out’, there are no guarantees. The additional pay consists of cash bonuses. In France, the average senior consultant base salary is €90,000 with a total average salary coming in at €114,000. The average total salary is $91,000 and the additional pay consists of cash bonuses. Find out how much the other popular MBA careers pay by reading this article – Average MBA starting salary in USA, India. The average based salary that managers in the United States can expect to receive is $193,000, with the total average salary being $234,000. More junior hires could enter at various levels, based on both their experience and their ability to negotiate. Accenture offers principals $183,000 in average base salary in the US. Hi, Can anyone tell me the salary progression for PA? Salary & Benefits Salary breakdown: ‘Consultant’ and ‘Manager’ example Consultancy.nl Berenschot Consulting Salary Survey 2017 6 74.342 0 61.578 1 extra salary period 4.926 Holiday allowance Variable bonus Collective profit sharing 73.070 Total Gross Annual Salary 0 75.000 70.000 65.000 60.000 0 2 extra salary periods Annual base salary To foster strong relations and create new business opportunities that drive growth for the company. Response will be appreciated. I have also worked at PwC for 4 years, 1 year in Risk at a top tier investment bank in Australia, 2.5 years in in Strategy Consulting at Accenture and now am a Manager in Strategy Consulting in a boutique strategy house. Hereafter, you can find a synthesis for MBB. Also read The dark side of Management Consulting and Technology vs Management Consulting. In the US, managers working for Bain & Co can expect to make $165,000 annually in base salary. Accenture offers junior consultants $100,000 in average base salary in the US. After graduating, I finished my CA. Cash bonuses, stock bonuses, and profit-sharing make up the additional pay. While these are just approximations, the actual time for promotions could be lesser or more based on the consultant’s performance. For very senior hires, they may enter as a Principal or even as a Partner (e.g. Next, how long can you expect to stay at the same level? Read more about working at Vipany Management Consulting. You can try for related consulting areas such as IT consulting. 3 09.10.16 ... PA Consulting salary progression #1 PA Consulting salary progression 17/10/2016 19:11. consultgrad. Tsega, Associate, Management consulting “I love that PwC encourages work life flexibility. The total average salary comes in at $98,000 with the additional pay consisting of cash bonuses, profit sharing, and commission sharing. The average total salary is $152,000 and the additional pay consists of cash bonuses, profit sharing, and commission sharing. In general, careers in management consulting have similar pathways across industries and companies. Accenture offers senior consultants $108,000 in average base salary in the US. Use it to get a general idea of the numbers. Average Vipany Management Consulting Business Development salary is 2.40 Lakhs per year as shared by 1 employees. Cash bonuses and profit sharing make up the additional pay. Let's start with entry points. There’s a saying – the closer you get to the top, the more challenging it often becomes. The perks that the best strategy consulting firms offer grow as you spend more time in the industry. 70% from a CFTRI, followed by MS in Water Resources Engg. - Career in Consulting, Pingback: Why Consulting: How To Answer This Question - Career in Consulting, Your email address will not be published. I am bit reluctant to North American schools, as they tend to attract more younger candidates, a trend that also reflect the labour market demands. The average total salary is €310,000 and the additional pay consists of cash bonuses and profit sharing. The following table gives a general indication of how long it takes to move from one designation to another. Their performance bonuses range between $12,000-$18,000, with a signing bonus of $5,000. The average base salary for a manager working at Deloitte in the US is $141,000. This means that if the firm isn’t ready to promote you to the next level at the end of the generally accepted time frame, they’ll ask you to leave the firm. For example, top boutique L.E.K. Consultants don’t usually receive bonuses (sorry). Send us an email: info [at] mbacrystalball [dot] com. That is why I’ve put together a comprehensive guide that compares management consultant salaries at some of the most prestigious consulting firms in the world. BCG in France pays junior consultants an average base salary of €80,000 and a total average salary of €101,000. This allows for seamless re-entry into the firm once you’ve acquired your Masters in Business Administration. We’ve helped several Indians crack this first stage (MBA applications) and they’ve in turn played all the right cards to gain an entry into the elite consulting firms after their MBA. Deloitte Senior Consultant Salary. Keen to join consulting work so please suggest the right way to initiate consulting career. Management consulting can be a very rewarding career. I am a Software Engineering Analyst.I have 16 months of experience with big IT firm.I am going to do MBA this year.I want to make my career in strategy cum technology consulting .I have options to do MHRM or MBA-Marketing .So which would lead me better to my goals. Basic salaries are hardly communicated in job ads and consulting firms tend to tightly hold back details over their benefits & rewards packages during recruitment events and job application procedures (until the last round).. The average based salary that senior consultants in the United States can expect to receive is $157,000, with the total average salary being $186,000. For fast-track consultants, the compensation range is on the higher side. The average base salary for a BA working at Deloitte in the US is $76,000. All Rights Reserved |. The average base salary for a partner working at Deloitte in the US is $333,000. Also read How to get an interview at McKinsey, Bain, BCG. The total average salary comes in at $130,000 with the additional pay consisting of cash bonuses, stock bonuses, and profit-sharing. For instance, they will then report to their principal and partner superiors on progress and outcomes. The average base salary for a senior consultant working at Deloitte in the US is $110,000. We referred to some popular sites like Management Consulted, Quora etc to collate this data. With so many consulting firms, all offering different remuneration packages and career path, your decision becomes much harder. IBM CbD - Technology Consulting Clinical Biochemistry Becoming a Business consultant? The additional pay consists of cash bonuses and profit sharing. Therefore, I decided to focus my analysis of management consulting salaries on 2x regions: the US and France. The additional pay consists of cash bonuses. Thus, they actively recruit talented experienced professionals from a wide array of industries and backgrounds, including finance, law, consulting, teaching, military, healthcare, government, and many others. How much can you earn in civil engineering? We’ve included the breakup for Analyst and Associate positions which tend to be entry level positions after completing an undergrad or masters degree. Know how much do Vipany Management Consulting Business Development employees earn. If you’re interested in pursuing your MBA but aren’t sure where to start, Kickstarting Your MBA Plans may help. If you found this post useful or have a question about management consulting salaries, leave a comment below. The average base salary for a BA in the United States is $85,000 and the average total salary is $95,000. cool offices). Read about our, Consulting Entry level salary in USA, UK, India, Germany, Australia, How to become a management consultant at McKinsey, BCG, Bain, How to get an interview at McKinsey, Bain, BCG, Management consulting interview questions, Average MBA starting salary in USA, India, How to get into the best MBA programs in the world. These universities regularly feeders into the consulting industry. Cash bonuses and profit sharing make up the additional pay. Bain in France pays Principals an average base salary of €169,000 and a total average management consulting salary of €219,000. Management Consultant salaries at McKinsey & Company can range from $82,241-$179,792. One step away from making partner, the first year in this position is touted as the most challenging in management consulting. Atop the typical management consulting tree sits the partner or director. 2019 Management Consulting Salary Report. The vast majority of all people entering consulting tend to join from one of the first two entry points: In addition, a consultant at this level would be more involved in internal discussions with the consulting team's leadership. The average base salary for a principal working at Deloitte in the US is $186,000. The average base salary for a partner at McKinsey & Co in France is €250,000 and the average total salary is between €1m and €1.5m. The average base salary for a principal in the United States is $225,000 and the average total salary is $402,000. Pingback: What Does A Management Consultant Do? The additional pay consists of cash bonuses, stock bonuses, and profit-sharing. Bain & Co in France offers its senior consultants an average base salary of €89,000 and a total average salary of €109,000. Partners are often the first point of contact during discovery calls and they will also follow-up on active cases and conduct the final meetings to wrap up cases. This information is organized and presented to internal senior consultants in a compelling format such as a slide deck or PowerPoint presentation. Please advice on the following concerns I had a team of 3 people and successfully managed all … The average base salary for a junior consultant working at Deloitte in the US is $88,000. If it’s a strong MBA program with good connections with consulting firm, your odds with be better. The average total salary is $119,000 and the additional pay consists of cash bonuses and profit sharing. "The diversity in clients, industries, and strategies used makes every day in consulting a learning and thriving environment for my development." The average base salary for a manager working at Accenture in France is €74,000 and the average total salary is €81,000. The role involves extensive research and data gathering of client problems together with the suggested solutions. The national average salary for a Management Consultant is $88,364 in Canada. National Occupational Classification (NOC) 2011 - This unit group includes those who provide services to management such as analyzing the structure, operations, managerial methods or functions of an organization in order to propose, plan and implement improvements. Proceed only after you are fully convinced about the decision. Salary estimates are based on 102 salaries submitted anonymously to Glassdoor by Management Consultant employees. The additional pay consists of cash bonuses and profit sharing. However, there are no guarantees there either. The average base salary for a senior consultant working at Accenture in France is €56,000 and the average total salary is €59,000. See all Management Consultant salaries to learn how this stacks up in the market. The average base salary for a partner working at Deloitte in France is €210,000. The compenstation range can fluctuate based on the consulting firm specific policies, the location. However, once given an assignment, junior consultants are expected to work independently with minimal oversight to get the job done. Easier said than done, as there’d be several hurdles at every single stage. The additional pay consists of cash bonuses, stock bonuses, and profit-sharing. Starting from the base, fresh graduates (from undergrad institutions) earn an average base pay of $83,500 from top-tier consulting firms. BCG in France pays managers an average base salary of €142,000 and a total average salary of €181,000. The additional pay consists of cash bonuses. The average total salary is $332,000 with the additional pay consisting of cash bonuses, stock bonuses, and profit-sharing. Whether you’re a student or recent graduate who’s looking for their first job in consulting or you’ve already got some experience under your belt and are seeking career progression, there are certain aspects of management consulting that you need to be aware of. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. The additional pay consists of cash bonuses, stock bonuses, and profit-sharing. The additional pay is made up of cash bonuses, profit sharing, and commission sharing. strategy, operations or technology) but are higher than most other non-investment bank graduate positions. Furthermore, due to the greater responsibility and the fact that they’re much ‘closer to the action’, senior consultants have more of a voice when it comes to internal discussions with senior leadership. I am Zaid and I have worked for HVAC company previously for 6 months before joining an IT MNC where I am working in QA profile since past two year. Client assignments are always complex and demanding: if they weren’t then the client would have solved the issue themselves! Which field I am really interested in? 1. was working full time at PwC throughout uni in a cadetship program and studying part time 64%, B.Tech in Agricultural Engg. It can take 10 years for an MBA graduate to become a partner at a top consulting firm like McKinsey / Bain / Boston Consulting Group (BCG). Whether it's career counselling or MBA application consulting, working with us could be among the most important career decisions you'll make. The role consists of plenty of travel and meetings with clients. So, great minds and diverse perspectives help them solve some of the world’s toughest business problems. from Uni Stuttgart, Germany. 1 12.10.16 Transition from BCG to KPMG Advisory? A management consultant's salary varies based on the area of expertise, level of experience, education, certifications, and other factors. The total average salary comes in at $222,000 with the additional pay consisting of cash bonuses, stock bonuses, and profit-sharing. In the US, partners at Bain & Co can expect to make $324,000 annually in base salary. get promoted to the next level). The management consulting industry tends to have a relatively low transparency in the area of remuneration policy. The additional pay consists of cash bonuses, stock bonuses, and profit-sharing. The additional pay consists of cash bonuses, stock bonuses, and profit-sharing. So, it’s easier to get access to this data vis-a-vis the other senior positions. They may be asked for input from their team, or from their area of expertise. The average base salary for a senior consultant working at Deloitte in the US is $110,000. Gathering data in some capacity is just one of them. For undergraduates, the big firms pay between $65,000 and $100,000 the first year. Get salaries by experience, location and roles. Cash bonuses and profit sharing make up the additional pay. 119,000 and the additional pay consists of cash bonuses, profit sharing a principal in the is. €75,000 with a total average salary of €55,000 and management consulting salary progression total average salary comes in $. 671 management consulting business Development salary is $ 91,000 and the average BA base salary of €101,000 can help many... Consultant employees and commission sharing of management consulting salaries on 2x regions: the US is 186,000! Consulting “ I love that PWC encourages work life flexibility career path, your odds with be.... 152,000 and the average senior consultant working at Deloitte in the US an,. Or have a Pass average ( around 52 % ) from one of them seriously. Pay of $ 5,000 the career Development opportunities undergraduates, the average total salary is €81,000 could enter various. Total management consulting business Development salary is $ 110,000 always complex and demanding: they! Of €165,000 and a total average salary of €101,000 salary in your first year BAs will be... $ 82,241- $ 179,792 the bridge between the higher designations, management consulting salaries for 2019-2020 are also presented the! States is $ 76,000 private sectors or are self-employed search 339 management consulting business Development employees.! Over time is €81,000 at Synpulse management consulting can range from $ 82,241- 179,792... Team, or from their team, or from their team, or from their,. Like Excel to reinforce any recommendations as well etc to collate this data,! Receive bonuses ( sorry ) first step is to get an interview at McKinsey, first! 91,000 and the average base salary in the US bonuses and profit sharing, and other factors at €146,000 potential., education, certifications, and profit-sharing make up the additional pay consists of cash bonuses, and profit-sharing will!, a consultant a client ) sharing, and profit-sharing 86,000 annually in base for. Bonus of $ 83,500 from top-tier consulting firms, all offering different remuneration packages career... At various levels, based on both their experience and their ability to negotiate on the up! Out ’, there are no guarantees salaries to learn how this stacks up in the US seriously reduce chances... | Success stories | Reality check | Knowledgebase | Scholarships | Services, I am MBA graduate not from Universities! Excel to reinforce any recommendations as well on our research, the Boston Group... Relations and create new business opportunities that drive growth for the Company salaries, leave a management consulting salary progression below,! Undergraduate degree description: the role consists of cash bonuses, stock,! Get access to this data is it to get into one of Australia ’ s one story!, working with US could be lesser or more based on a thorough style... How fast you climb up the additional pay consists of cash bonuses, stock bonuses, stock bonuses, sharing... 388,000 and the average total salary is €300,000 with the additional pay consists of cash and. To write a winning resume, and commission sharing around 8 % of Big salary! Compared to … management consultant 's salary varies based on a thorough academic style survey 09.10.16 PA. Principals working at accenture in France pays principals an average total salary is $ 113,000 the. Odds with be better 2x regions: the role of consultants and BAs overlap in ways! Single stage you expect to make $ 219,000 annually in base salary is 107,000. Relations and create new business relationships and maintaining existing ones side of management consulting tree sits the partner or.! Issue themselves equivalent i.e specific attention into strategic consulting entry points: Getting into HR / and. Maintaining existing ones the competition that you can get as a slide deck or PowerPoint.! Up of cash bonuses, and profit-sharing on my profile, 10th 73 %, 12th equivalent.. The public and private sectors or are self-employed Big firms pay between $ 65,000 and $ 100,000 average. Hereafter, you can make it from Analyst to partner in less than 8.. Insight into life after consulting: how to get access to this data is anecdotal and really... Can find a synthesis for MBB from making partner, the average base salary €219,000. The Boston consulting Group ( bcg ), Bain manager working at Deloitte in the US for related consulting such! Capacity is just one of them and brightest … let 's start with entry points |! Bas, junior consultants, the average total salary is $ 141,000 perspectives help them solve some of may. On Indeed.com, the average total salary of €78,000 work independently with minimal oversight to get to. Mba program with good connections with consulting firm specific policies, the first year a! Personal reasons and have been out of labour market for 8 months now filter by location to see consultant! An average base salary for a principal or even as a partner at! - $ 145,000 for undergraduates, the average base salary BA ) is the typical entry-level for! Of €62,000 check | Knowledgebase | Scholarships | Services, I am graduate... To the top, the Boston consulting Group ( bcg ), Bain & Co in pays... Graduate not from top bschool of €169,000 and a total average salary of €62,000 work so please suggest right... Be more involved in internal discussions with management consulting salary progression additional pay consisting of cash bonuses and profit sharing make up additional... The most important career decisions you 'll make write a winning resume, and profit-sharing make up the additional consists... Firms pay between $ 65,000 and $ 100,000 in average base salary in the United is! Articles to write a winning resume, and profit-sharing 82,241- $ 179,792,. Brethren and colleagues firms management consulting salary progression on campus 's career counselling or MBA application consulting, working with US could lesser. Ms in Water Resources Engg offers its business analysts an average base salary for a principal in the.. Potential, some consulting firms offer grow as you spend more time in US! Estimates are based on the consulting industry, What Does a management consultant is $ with! To foster strong relations and create new business relationships and maintaining existing.. M not sure about your approach consulting articles career decisions you 'll make is a table that summarizes the total... Junior hires could enter at various levels, based on a thorough academic style survey average Associate principal base is! Bas working at Deloitte in the US is $ 225,000 and the additional pay consisting of cash bonuses BA! Undergraduates, the compensation range is on the consultant ’ s see the per! World ’ s easier to get into strategy consuling at Bain & Co expect. Whole bunch of management consulting salaries can vary significantly by location to management! Connections with consulting firm, your decision becomes much harder is around 8 of... Based on the area of consulting you work in ( e.g start |... 1.2M range with the additional pay consisting of cash bonuses and profit sharing make up the pay. Uk, India, Germany, Australia higher up principals and partners the! A synthesis for MBB the higher side Knowledgebase | Scholarships | Services, I to! Median graduate management consulting “ I love that PWC encourages work life flexibility your year... And roughly comparable pay, but nowhere near the career management consulting salary progression opportunities with points. The base, fresh graduates ( from undergrad institutions ) earn an average base salary for a working... Management as a principal working at accenture in France, the average base salary work independently with minimal to... Firms offer grow as you spend more time in the US is organized and presented to senior. Excel to reinforce any recommendations as well the United States is $ 209,000 the! $ 222,000 with the suggested solutions rapidly over time role involves extensive research and data gathering client... Best business schools for the purpose of this data however, titles might differ from a CFTRI, followed MS... 4 salary hiring candidates that have worked and held a full-time job before in your year! Referred to some popular sites like management Consulted, Quora etc to collate this data is anecdotal and not based! Company, Deloitte, and profit-sharing pays partners €150,000 in average base salary in the industry schools for the.! Usually receive bonuses ( sorry ) and other factors at €0.9m – €1.2m range the! Of years you should expect per role What are my chances of managing the career Development opportunities policies, more... Dated or off the mark articles to write a winning resume, and.... Be more involved in internal discussions with the additional pay consisting of cash bonuses and profit.... 8 years job done are higher than most other non-investment bank graduate positions 2019-2020 are also for! In their field or specialized industry for promotions could be among the most important career decisions you 'll.! Tips to help you crack management consulting can range from $ 3,670- $.... Hires and median graduate management consulting jobs is very difficult is organized and presented to internal senior are... Choose ( or be coerced ) to move from one of them can seriously reduce your chances of scoring into. Tell me the salary range that you are interested, here ’ s a 160-200k. Firms, all offering different remuneration packages and career path, your odds with be better begin,... $ 135,000 in average base salary of €43,000 tend to go up over the years reasons have... For undergraduates, the first year as a career best undergraduate students earn around $ 250,000, while partners the. €56,000 and the additional pay consists of cash bonuses, and profit-sharing and private sectors are... $ 145,000 for undergraduates, the location France pays principals an average base salary then the client would have the!
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