How much do consulting firms pay Iitians?
The average salary for a Consultant is ₹10,00,000 per year in India, which is 30\% lower than the average IIT-ian’s PACE Education salary of ₹14,44,788 per year for this job.
How much do McKinsey consultants get paid?
At McKinsey, the salary for entry-level consultants (Analysts) ranges from $90,000 to $110,000 per year, while the figure for MBA-level/experienced Associates can go up to $233,000. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000.
What is the difference between BCG and McKinsey?
In head to head recruiting, Bain often beats out BCG because of culture but loses to McKinsey based on prestige or brand-name. In terms of staffing, you’ll find that Bain is more analyst heavy than both McKinsey and BCG. On a standard McKinsey or BCG team, there may be only 1 analyst.
What is the average salary at McKinsey in the UK?
For recently graduated undergraduates and Masters students, the base salaries at McKinsey, BCG and Bain in London start from £40,000 and can be as high as £45,000. This is comparatively high compared to graduate salaries in most other fields.
What is the difference between a BCG and a bainee?
The firm has more of a local staffing model like Bain, but also enjoys an established global reach, which means BCGers are still more likely than Bainees to travel internationally so the firm can keep utilization above 75\%. At the end of the day, you will be on the road every week with all 3 firms.
Can you work abroad at BCG or Bain & Co?
You do have a chance to work abroad at Bain, however – during the 6 month period when you have a choice of an externship with another company, an international transfer, or a rotation in Bain’s private equity or non-profit arms. BCG falls somewhere in the middle.