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How much does a Partner in BCG make?
Boston Consulting Group Salary FAQs How does the salary as a Partner at Boston Consulting Group compare with the base salary range for this job? The average salary for a Partner is $188,723 per year in United States, which is 27\% lower than the average Boston Consulting Group salary of $259,967 per year for this job.
How much do Bain Partners make?
Quick answer: between $500K – $5M. The fun part though is in the details that drive that variance. Let’s look at the three big factors that drive that variance: Partner level.
What is the difference between McKinsey BCG and Bain and McKinsey?
The most apparent difference is size and age. Out of MBB, McKinsey is the largest and oldest firm. McKinsey has the highest annual revenues and the most number of employees. Bain, on the other hand, is the smallest and newest firm among MBB. BCG falls in between McKinsey and Bain. There are many more differences among McKinsey, BCG, and Bain.
How much do McKinsey consultants get paid?
The daily rate for a McKinsey associate partner working as engagement director ranges from $10,000 to more than $13,000, ahead of a McKinsey engagement manager’s daily rate of $9000 to $10,000 and the firm’s consultants (associate/business analyst) rate of between $660 to about $5500.
What drives the variance in consulting fees between firms?
This variance is driven by the premium the firm is able to command (e.g., McKinsey will usually charge more than say, LEK, because of the premium their brand commands), the length of the case and the number of consultants required to do the work.
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.