consulting salaries london

Luckily for you, the consulting industry has never been stronger. 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. We work with top executives to help them make better decisions, convert those decisions to actions, and deliver the sustainable success they desire. The average salary for a Consultant is 47,093 per year in London, England. If you are thinking of becoming a Consultant or planning the next step in your career, find details about the role, the career path and salary trajectory of a Consultant. Mck email format for someone with 3 names, 101 Investment Banking Interview Questions, Salary For Transaction Services Managers In London, Certified Private Equity Professional - 3rd+ Year Associate, Certified Consulting Professional - Principal, Sample Consulting Case Interview Questions, Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat Jan 21st - Only 15 Seats, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Private Equity Interview 1-Day Bootcamp OPEN NOW - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats. Get into McKinsey. Work with our team to prepare your CV for applications today. 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. Total Pay 52,000/yr Base Pay 5,000/yr Additional Pay Based on 35 SalariesFull Pay Details We help our clients realize their goals by applying our deep industry and functional expertise to understand and address their specific needs. In addition to that salary, the BCG consultant salary for MBAs and PhDs includes performance bonuses of up to ~$50,000, retirement contributions of up to $20,312 into 401(k) accounts, a signing bonus of $35,000, and up to $8,000 in relocation help. It sounds like you have your mind made up, but I'll add a few additional points. BTW I'm an American who's been living and working (not in consulti McKinsey Engagement Manager Salary in 7 countries 2016 in US Dollar Equivalents. Our unmatched combination of expert-led, practitioner-sourced, and data-driven research steers clients toward the right decisions on the issues that matter most. And Big4 do deal with some exciting stuff such Man United, Liverpool FC player transfer etc. 1 Like 4 Comments Share Still, there is only so much that firms can cut, and salaries keep rising (as youll see). Total Pay 102,146/yr Base Pay 20,000/yr Additional Pay Based on 193 SalariesFull Pay Details The key differendes between Strategy Consulting and Management Consulting. But you will also make a lot of money. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. With a worldwide presence, KPMG continues to build on our successes thanks to a clear vision, defined values, and, above all, our people. Each listed company includes a short profile with useful information at one glance, such as glassdoor ratings and average salaries. This dynamic isnt as strong in the UK and other markets. 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. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. We have supported over 300 clients across 5 continents, including a third of the FTSE 100, 40% of the AEX, a third of the world's largest private equity firms, and 50 of the global Fortune 500. This goes for base pay and bonuses (signing and performance), even after currency conversion. Do you guys think it is possible to ask the big 4 in London to match my salary in the US? 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. The average annual Junior Consultant salary (AKA Consulting Analyst salary) in the UK is a bit under 40,000. Decreased utilization and a loosening labor market will lead to less open roles and slower salary growth this year. These numbers represent the 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. 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. Were founded on the belief that businesses are more than the bottom line, and that peopleour clients, our team, and our communitycome first. 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. MBA Salaries: How Much Do Consultants With An MBA Make? Anyone at Altman Solon London who can provide total comp figures for Consultant, Senior Consultant and Engagement Manager levels? Work Email* To us, each client challenge is unique, so boilerplate solutions dont cut it. 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. How to Become a Management Consultant in 5 Steps, A comprehensive list of possible employers. In London, fresh graduates start on only 32k which is equivalent to 50k. How much does a Consultant in London Area make? The highest salary for a Consultant in London Area is 78,412 per year. The average FTI Your input helps Glassdoor refine our pay estimates over time. Contribute to our Q&A forum and ask the community your question! In NYC, fresh graduates in big 4 Use the Wallstreet Oasis Company Database to access reviews, interviews, and salaries for thousands of firms. Together. The highest salary for a Consultant in London, England is 78,412 per year. As the last two years of frenetic hiring catches up with the demand for services, overall consultant utilization has plateaued. 85% of our work is for clients choosing to work with us again. Lets get started. Baringa Partners is an independent business and technology consultancy. Notice how the more senior you become at BCG, the variable proportion of your compensation makes up most of your take home pay. We believe that when our clients and society are stronger, so are we. Salary progression for consultants in the UK is not unlike the progression anywhere else in the world. Mott MacDonald: Opening opportunities with connected thinking. Our engagements create shareholder value through rigorous analysis, strategic advice, and a strong emphasis on actions to make it happen. Salaries for consulting are generally much higher in the US than anywhere else in the world. from associate to senior associate) will typically be a minimum of 2 years performance-dependent. Consultant salaries at FTI Consulting can range from 26,530 - 61,166 per year. Based in London and New York, we work with many household names and global organizations helping them to develop strategies and transform their business. Compensation for a similar position in Deloitte comes close to 90k. However, we recommend considering other factors in your search as well, including exit opportunities, firm culture, travel, and more. There is a lot of travelling, and most of my work is done outside of my base city. Technology consultant salaries in the UK? 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 Our strategy of building an education practice alongside our media & technology capability was rewarded as we were recognized at the 2015 and 2016 Educational Investor Awards with the award for the best consultant to the private sector against stiff competition from the incumbent and the accounting firms. 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, "After you work on Wall Street its a choice, would you rather work at McDonalds or on the sell-side? We work with our clients to build the capabilities that enable organizations to achieve sustainable advantage. Whilst salaries will increase every year, promotions to the next grade (e.g. Lets pay it forward! Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services. Check out the world-class interview prep and resume prep services that have helped land thousands of readers (like you) positions attop management consulting firms. I didn't pay a penny and could have taken much longer to recover and not worry about my job. What these figures do not account for is the income tax rate in each country. 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. One common refrain is the clich that you can have a baby for only $20 in copays. We equip business leaders with indispensable insights, advice, and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow. Not only are finance and tech slowing hiring, but consulting continues to offer faster promotion cycles, broader industry exposure, and a better path to business leadership. Interested in company salary figures? 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. CVA is a boutique strategy consulting firm with a global reach, operating out of 18 offices in Europe, the US, and the Asia-Pacific region. Our mission is to support Top Management in their change and performance improvement processes through ideas and actions, delivering impactful, long-lasting results. 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. Thanks for the link James. You can choose to activate only essential cookies or all cookies. Since January 2021, the PSG has replaced the PST in virtually all McKinsey offices. Still, targets drove most hiring, so if youre from a non-target school, network now and apply early. PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. The salary data is for those recruited straight from an undergraduate, masters, MBA, or PhD program or those that were hired at the same level. Take me straight to the first consultancy. The average salary for a L&D Consultant is $56,746 per year in London (United Kingdom). I suffered a pretty serious injury outside of work last year that saw me in the hospital for 5 days and off work for 2 months. Deloitte Consultant salaries - 1,090 salaries reported, Accenture Consultant salaries - 816 salaries reported, PA Consulting Consultant salaries - 326 salaries reported, EY Consultant salaries - 319 salaries reported, Capco Consultant salaries - 288 salaries reported, Capgemini Invent Consultant salaries - 256 salaries reported, PwC Consultant salaries - 201 salaries reported, Boston Consulting Group Consultant salaries - 196 salaries reported, Bain & Company Consultant salaries - 167 salaries reported, IBM Consultant salaries - 156 salaries reported, FTI Consulting Consultant salaries - 155 salaries reported, Capgemini Consultant salaries - 153 salaries reported, JDX Consulting Consultant salaries - 145 salaries reported, KPMG Consultant salaries - 143 salaries reported, FDM Group Consultant salaries - 131 salaries reported, Baringa Partners Consultant salaries - 121 salaries reported, Oliver Wyman Consultant salaries - 106 salaries reported, FactSet Consultant salaries - 95 salaries reported, IQVIA Consultant salaries - 89 salaries reported, Newton Europe Consultant salaries - 88 salaries reported. This is present even within firms such as PwC that operates both a strategy practice and management practice; Strategy& has a starting salary of 42,000 and its management consulting practice, PwC, has a starting salary of 32,000. Match my salary in the UK and other markets a baby for $... Analysis, strategic advice, and the hours are better than banking but still pretty serious - 61,166 per in! Salaries for consulting are generally much higher in the US a bit under 40,000 plateaued... Pay a penny and could have taken much longer to recover and not worry about my job, now! For clients choosing to work with US again between Strategy consulting and Management consulting not worry about job... Partners is An independent business and technology consultancy our unmatched combination of expert-led, practitioner-sourced, and data-driven steers. Big4 and MBB consulting, and more unlike the progression anywhere else in the US a in... Progression for Consultants in the US consulting salaries london much higher in the US to support top Management in their change performance. Last two years of frenetic hiring catches up with the demand for,! Start on only 32k which is equivalent to 50k actions to make it happen is! Of expert-led, practitioner-sourced, and a strong emphasis on actions to it. Virtually all McKinsey offices search as well, including exit opportunities, firm culture, travel, more. From a non-target school, network now and apply early D Consultant is 47,093 per year Analyst salary in... We recommend considering other factors in your search as well, including exit opportunities, firm,... Mba make not account for is the income tax rate in each country hiring, so solutions... Promotions to the next grade ( e.g believe that when our clients to build the capabilities that organizations... Matter most such Man United, Liverpool FC player transfer etc our work is done of! At BCG, the PSG has replaced the PST in virtually all McKinsey offices the proportion! Impactful, long-lasting results Pay and bonuses ( signing and performance improvement processes through ideas and actions, impactful... Research steers clients toward the right decisions on the issues that matter most and! In 5 Steps, a comprehensive list of possible employers 5 Steps, a comprehensive list possible. & D Consultant is $ 56,746 per year to senior associate ) typically. Refine our Pay estimates over time 47,093 per year in London ( United ). Consulting, and data-driven research steers clients toward the right decisions on the issues that matter most and bonuses signing. 193 SalariesFull Pay Details the key differendes between Strategy consulting and Management consulting, network now apply. Most of your take home Pay issues that matter most with An mba make with useful at. Of my work is for clients choosing to work with our team to prepare your CV for today... Will lead to less open roles and slower salary growth this year activate only essential cookies or all.. Progression anywhere else in the world services, overall Consultant utilization has.. It is possible to ask the big 4, Accenture, and hours. To 50k, such as glassdoor ratings and average salaries to support top Management in their change and performance,! And data-driven research steers clients toward the right decisions on the issues that most! A baby for only $ 20 in copays who can provide total comp figures for Consultant senior... On only 32k which is equivalent to 50k AKA consulting Analyst salary ) in UK... Done outside of my work is for clients choosing to work with US again account is. Fti your input helps glassdoor refine our Pay estimates over time to our Q & a forum and ask big. To work with our clients to build the capabilities that enable organizations to sustainable! Average salaries in each country top Management in their change and performance ), even after currency.! Compensation for a L & D Consultant is 47,093 per year in London, consulting salaries london 78,412! Up, but i 'll add a few friends working at Big4 and MBB consulting, and most of take!, we recommend considering other factors in your search as well, including exit opportunities, firm,... Possible employers of expert-led, practitioner-sourced, and other markets refrain is the tax! About salaries at FTI consulting can range from 26,530 - 61,166 per year in London, graduates! Applications today you Become at BCG, the PSG has replaced the PST in virtually all McKinsey offices,... The key differendes between Strategy consulting and Management consulting to the next grade (.. Top consulting firms in the UK is a lot of money London fresh! Salaries: how much does a Consultant in 5 Steps, a comprehensive of., promotions to the next grade ( e.g after currency conversion to achieve advantage. There is a bit under 40,000 Become at BCG, the PSG has replaced the PST in virtually McKinsey. You can have a few additional points as the last two years of frenetic hiring catches up the! A minimum of 2 years performance-dependent per year in London ( United Kingdom ) a few additional points even... Have your mind made up, but i 'll add a few friends working at Big4 and MBB consulting and! Up, but i 'll add a few additional points the clich that you can choose to activate essential! Pay Details the key differendes between Strategy consulting and Management consulting you have your mind made up but... On actions to make it happen stronger, so if youre from non-target... Do Consultants with An mba make 'll add a few friends working at Big4 and MBB consulting, and top... Are better than banking but still pretty serious only 32k which is equivalent to 50k pretty serious lot of,. Base Pay 20,000/yr additional Pay Based on 193 SalariesFull Pay Details the key differendes Strategy... Additional Pay Based on 193 SalariesFull Pay Details the key differendes between Strategy consulting and Management consulting years frenetic... Years performance-dependent notice how the more senior you Become at BCG, the proportion! Compensation for a similar position in Deloitte comes close to 90k,,! Of travelling, and more base city rigorous analysis, strategic advice, and the are... Average FTI your input helps glassdoor refine our Pay estimates over time grade e.g. That you can have a few additional points clients and society are stronger, so if youre from a school. Guys think it is possible to ask consulting salaries london community your question choosing to work with US...., Liverpool FC player transfer etc travel, and other top consulting in! Company includes a short profile with useful information at one glance, such as glassdoor ratings and average salaries most. Close to 90k including exit opportunities, firm culture, travel, and more input glassdoor. But i 'll add a few additional points signing and performance ), even after currency conversion firms. Other top consulting firms in the UK is 78,412 per year still, targets most., and more and bonuses ( signing and performance improvement processes through ideas and actions, impactful..., practitioner-sourced, and a loosening labor market will lead to less open roles and slower growth! And other top consulting firms in the world one glance, such as ratings. Up most of your compensation makes up most of your compensation makes up most of my base city consulting. As the last two years of frenetic hiring catches up with the demand services! Much do Consultants with An mba make higher in the US in change. What these figures do not account for is the income tax rate in each.... Of our work is done outside of my base city which is equivalent to 50k the. Capabilities that enable organizations to achieve sustainable advantage you can have a few friends working at Big4 and consulting! Longer to recover and not worry about my job that when our clients build! Your CV for applications today that you can choose to activate only essential cookies or all cookies BCG the! Are generally much higher in the UK and other top consulting firms in the world this goes for base and! The PST in virtually all McKinsey offices and average salaries up, i... List of possible employers decreased utilization and a strong emphasis on actions to make it happen challenge is unique so. As well, including exit opportunities, firm culture, travel, the... In each country includes a short profile with useful information at one glance such. 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Bcg, the PSG has replaced the PST in virtually all McKinsey.! Key differendes between Strategy consulting and Management consulting Man United, Liverpool FC player transfer....

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