Boston Consulting Group salary trends based on salaries posted anonymously by Boston Consulting Group employees. Average Boston Consulting Group Director salary in India is 78.7 Lakhs for experience between 15 years to 21 years Director salary at Boston Consulting Group India ranges between 46.0 Lakhs to . This includes metropolitan areas like Atlanta, Philadelphia, etc. What does AP comp and lifestyle look like? Nov 2016 - Present6 years 5 months. The next promotion after the principal is becoming a Partner. International MBA -IE-SPAIN, COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023. The cybersecurity landscape continues to develop at a rapid rate. If you're looking for more market insights or want to have a confidential discussion, our strategy recruitment team is happy to help. Overview Overview 7.1k Reviews 2.4k Jobs 9.5k Salaries 3.3k Interviews 1.7k Benefits 34 Photos. Thats before the performance and signing bonuses that accompany annual salaries at the top consulting firms. [To get a job at BCG] you need to possess the right amount of business knowledge and experience. Project Leaders have a maximum annual salary of $266,000; Principals and Partners may earn up to $1,150,000.Such high salaries is a major point of attraction for the top job applicants to go for the Boston Consulting Group so if you are wondering what is BCG consultant salary is in different countries and at different positions, lets find out in this article. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Your input helps Glassdoor refine our pay estimates over time. Employees are promoted to this position after spending ten or more years with the company. "I thought about returning to BCG almost the whole time I was away. Anecdotally from what I've heard, Bain, true to their rep as the most collegial, goes the furthest in rewarding this. Complete H1B Salaries information for the Boston Consulting Group INC with Minimum, Average and Maximum Salaries given by Job Title . E.g. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Beyond is where we begin. They therefore operate as any other business owners. A career in a consulting role in one of the top tier strategy consulting firms will most certainly enable you to have a challenging, diverse and fulfilling career engaging with some super smart folk whether you progress right through to Partner or decide to pursue a role in industry after reaching manager level and obtaining that illustrious tool kit. So it all depends on their base salaries and bonuses. 2K followers 500 . The latest news as of August 2021 is that BCG is bumping their base pay by $10,000 for consultants and associates. The estimated total pay for a Partner and Managing Director at Boston Consulting Group is $518,441 per year. The UK does not have the same dynamic solid. Typically, a Bain consultant salary, BCG consultant salary, and McKinsey associate salary will be the same regardless of what office you are hired by. Bain - "Principal/Senior Manager". 2. The estimated additional pay is $292,558 per year. Managing Director & Partner at The Boston Consulting Group in India. When comparing average salaries with career levels, the data below shows the difference between each. Your email address will not be published. - Katie Williams, Senior Director Managing Director (MD) You generally "make partner (equity owner)" sometime between 35 and 50. BCG Project Leader yearly salary in the US can be up to $266,000, with $178,000 from base, $60,000 from bonuses and $18,000 from profit sharing. they might have a differential policy on holidays in different countries, BCG formally started operations in India in 1995, opening its offices after nearly a decade of work in the country. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. All BCG Salaries Last Updated: 17 Sep 2022 Similar Designations in BCG Home | Careers | Boston Consulting Group Looking to jumpstart your career at BCG? Average salary for Boston Consulting Group Partner And Managing Director in Crete, IL: [salary]. Ted is a Partner and Managing Director of The Boston Consulting Group and now leads BCG's Globalization Practice in Greater China.Ted also led BCG's Strategy and Corporate Development practices in Greater China between 2009 and 2014. Your email address will not be published. Salary details differ when it comes to a different country like the UK. This estimate is based upon 1 Boston Consulting Group Managing Director/Partner salary report (s) provided by employees or estimated based upon statistical methods. The estimated total pay for a Partner and Managing Director at Boston Consulting Group is $518,441 per year. The average salary for a Partner and Managing Director is US$493,526 per year in New York City, NY, United States, which is 1% lower than the average Boston Consulting Group salary of US$502,050 per year for this job. Part. The salary figures in this article are for those joining management consulting positions in 2023. Joining BCG comes with added perks that make landing a job after graduation even more lucrativethe firm is also listed as one of the world's best companies to work for by Glassdoor. BCG Project Leader Salary in 12 countries 2016 in US Dollar Equivalents, BCG Project Leader salary in 12 countries 2016 in US dollar equivalents. Since joining BCG almost 20 years ago, Ted has built extensive expertise advising leading Chinese . Managing Director salary at BCG ranges between 70.0 Lakhs to 300.0 Lakhs per year. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. BCG consultant salaries and bonuses tend to grow by 10-to-20% each year. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. I am a Managing Director & Senior Partner at Boston Consulting Group and lead BCG's Financial Institutions Practice in Switzerland. Their pay ranges from $210 K to $289 K a year. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 2,96,00,169 - 3,15,19,615 look to you? The acceptance rate is less than 1%, making the selection at BCG highly competitive. The estimated additional pay is $292,558 per year. BCG stands for Boston Consulting Group, which is an American management consulting firm. No. What We Offer | BCG Culture & Values | BCG Careers, Get started with your Free Employer Profile, All Partner and Managing Director Salaries, average salary for a Partner and Managing Director is $155,358 per year in United States, The Ultimate Job Interview Preparation Guide. But, if youre in it for the long run, this is it, and this is now. BCG Associate yearly salary in the US can be up to $112,500, with $90,000 from base, $18,000 from bonuses and $4,500 from profit sharing. Average salaries for Boston Consulting Group Partner And Managing Director: [salary]. With four to five years out of MBA, this is the second promotion for BCG employees. This estimate is based upon 1 Boston Consulting Group Managing Director and Partner salary report (s) provided by employees or estimated based upon statistical methods. Moreover, this would also involve developing and managing client relationships. One of the key attractions of joining the Boston Consulting Group is the BCG consultant salary prospects awaiting successful candidates. 2028 . I missed the well-rounded people at BCGtheir immense creativity and outgoing energyand although I worked with some great people in my other roles, I hadnt experienced anything else like BCG." Find out what BCG consultant salary prospects are for MBA and masters graduates. Here is a summary: <br><br>1. The base salary provided by BCG is $200,000 to $220,000. Firm / office contributions: How much work are you doing to build the firm itself, further its brand (eg research, press, conferences), drive recruiting (eg run West coast recruiting), etc. Base salaries by partner level Junior partner: $350 - $500K Senior partner: $500 - $650K So, clearly there is some variation here but you can already tell the bonus calculation will drive most of it. McKinsey & Company Boston Consulting Group Bain & Company. At BCG India, we.css-epvm6{white-space:nowrap;}.css-epvm6{white-space:nowrap;} More, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. I have deep expertise in strategy, operations, transformation, implementation and large capital . Get started with your Free Employer Profile, All Partner and Managing Director Salaries, average salary for a Partner and Managing Director is US$493,526 per year in New York City, NY, United States, The Ultimate Job Interview Preparation Guide. He also leads the Center for Macroeconomics at the BCG Henderson Institute. See all Managing Director/Partner salaries to learn how this stacks up in the market. The fun part though is in the details that drive that variance. Accomplished management consultant and business leader with 21+ years experience across diverse geographies including Europe, Asia Pacific, Middle East, Africa and Emerging Markets, known to be highly skilled in building . Some of the top employers are Deloitte Consulting LLP, KPMG, Accenture, and EY. A shared commitment to our core values. Learn how much management consultants make based on the firm and their experience level. In India, a new McKinsey/BCG/Bain partner makes around 1.5 Crores a year. For those that do tick all the boxes and go on to succeed as a partner, the compensation can be rewarding (you can find all rates in the online salary calculator). Working at BCG has so much to offer. For a confidential discussion around salaries, market insights or talent availability, feel free to reach out to our strategy recruitment team. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Plus technique overviews and premium 1-on-1 Expert coaching. Are you looking for a workplace that supports your personal growth even after you leave? Externally, on LinkedIn, most Partners list their role as "Managing Director and Partner." At Bain it is similar to McKinsey. BCG consultant salaries have also risen for 2023, along with the other Big Three consulting firms. Their MBA peers joining BCG can earn a performance bonus of up to $50,000 and have a signing bonus of $30,000. This is in terms of both salary and cost of living. Required fields are marked *. Stock Bonus, Commission Sharing, Tips have not been reported for this role. The BCG senior partner salary has a base rate of $276,500 with performance bonuses (well) in excess of $500,000 per year. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. Business school grads turned BCG consultants interviewed by BusinessBecause say the firm looks for hires with broad business knowledge.