This is confirmed by the latest Harvard MBA employment report, which puts, Until this year, however, pay at the big consulting firmshad been climbing. Jonathan Paul, Associate Consultant #atBain An undergrad may earn $88,000 base salary and an MBA full-timer $165,000. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. Lets take a look at how the Bain consultant salary varies by role. Jobs in United Kingdom | Careers | Boston Consulting Group - BCG The consulting industry has been booming in recent years, and going hard after top talent. The exact size of this payment is driven by the role and distance of the relocation. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). The estimated base pay is $159,610 per year. The salary information is posted above, where we note an average base salary of $90,000. Bain and Company Consultant Salaries | Glassdoor But if you work for one, you'll earn a lot less on average than if you work for an investment bank. Average salary for Bain & Company It Consultant in Crawley: 27,037. The average Bain & Company salary ranges from approximately $38,943 per year for, The highest-paying job at Bain & Company is, The lowest-paying job at Bain & Company is, Bain & Company employees attributed a compensation and benefits rating of 4.4/5 stars to their company. Generally, the bonus is normally distributed. Was this answer helpful? Its on the level of McKinsey or an Ivy League education. A Bain consultant salary is one of the most competitive in the management consulting industry. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Total Pay 52,271/yr Base Pay 8,401/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Manager Assistant 41,916/yr Avg. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. The estimated base pay is $159,610 per year. The salary growth itself is steep as you get promoted. Investment associates x 2 , European Private Equity Fund - MBA level BCG offers the best base salaries of the top-3 firms and is likely to offer the highest entry-level to experienced professionals. The average additional cash compensation for a Strategy Consultant in the London, United Kingdom is GBP 4,697, with a range from GBP 1,367 - GBP 16,140. The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. If you are overcoming hardships, we wanna help! The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. Here, consulting firms pay a significant premium over industry roles available to recent graduates, whereas UK consulting salaries are relatively low considering the high living cost of London. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. As for support stuff (e.g., junior analyst McKinsey salary, junior research analyst McKinsey salary, research analyst McKinsey salary) the salary is usually adjusted downward from the consultant role, which is in line with the lower work and travel demands for non-consulting roles. Meet Shah - Associate Consultant - Bain & Company | LinkedIn Managers at Bain design and oversee projects for clients. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. The salary figures in this article are for those joining management consulting positions in 2023. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. Masters-level hires tend to come in at the Bain business analyst salary level while MBA hires come in at the Bain associate salary level. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. What is the S.T.A.R. Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. In exchange for putting in some long hours at Bain, you will learn an incredible amount from highly intelligent and knowledgeable people clients and colleagues across a wide range of business functions. Eventually it will unless its offensive or libelous (in which case it wont.). Read what they think about their salaries on our Compensation FAQ page for Bain & Company. Read more about Consulting Salaries For MBA & Masters Graduates. out of network benefits, fertility benefits, best - culture is that people take their vacation. But an increasing number of boutique firms are appearing on the stage with traditional players. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. If you are thinking of applying to McKinsey, BCG or Bain, make sure to sign up to our newsletter and receive free interview prep material in your inbox. The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. FlashFash). Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Well tell you how much you can expect as an entry-level employee. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. It was a novel experience going from the tropical warmth to the freezing tundra that is Massachusetts, but the US has its merits (looking at you Amazon Prime)! Bain & Company Salaries in Reading, OH | Glassdoor Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? Consulting salary grows at 5 percent annually on average. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. On the other hand, McKinseys pension is the most generous at all levels and is comparably high across many industries. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Top management consulting salaries for a specific firm are usually the same or only vary slightly within a given country, however, they differ greatly across countries and geographies. Based on the applicants tenure and experience, the top 3 consulting firms in the US pay signing bonuses in the range between USD 5k (for business analysts) and 30k (for senior associates and project leaders). Learn how much management consultants make based on the firm and their experience level. According to the exchange rate at the time of writing, this equated to a base Bain and Company consultant salary of $58,000, with up to $14,500 in performance bonuses. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. Find out what salary you could earn at Bain & Company after an MBA or masters degree. Its worth noting that your financial compensation- though excellent is perhaps the least important way, in the long run, that you are compensated for the work you do at Bain. Boston, Bain and McKinsey dominate the top spots on the pay table at this level of entry, although PwC Strategy& takes second place and matches the BBM firms with its $100k base salaries. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. Bain just increased paternal leaves (all genders) to 21 weeks. The average Bain & Company salary ranges from approximately 38,105 per year for, The highest-paying job at Bain & Company is, The lowest-paying job at Bain & Company is, Get started with your Free Employer Profile, OTC Equity Derivatives Client Relationship Manager, Consultant salaries - 173 salaries reported, Associate Consultant salaries - 147 salaries reported, Senior Associate Consultant salaries - 60 salaries reported, Senior Consultant salaries - 30 salaries reported, Senior Manager salaries - 20 salaries reported, Case Team Leader salaries - 13 salaries reported, Executive Assistant salaries - 11 salaries reported, Senior Specialist salaries - 10 salaries reported, Senior Associate salaries - 7 salaries reported, Specialist salaries - 7 salaries reported, Associate Partner salaries - 6 salaries reported, Bain Associate Consultant salaries - 6 salaries reported, Manager Assistant salaries - 6 salaries reported, Management Consultant salaries - 5 salaries reported. Until this year, however, pay at the big consulting firmshad been climbing. Some related job titles areEntry Level Consultant salaries with median pay of $50,394,Senior Consultant salaries with median pay of $123,519,Associate Consultant salaries with median pay of $89,060,Business Analyst salaries with median pay of $82,032. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Job Search | Bain & Company, Inc. Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given year. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher), Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Salary negotiation is highly unlikely at these levels. At Bain, we champion the bold to achieve the extraordinary. Bain & Company - Associate Consultant Athens 2023 We offer exciting career opportunities in a broad array of fields. Management Consultant. technique - and why do banks like it? Contribute Manager BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. Overall, our data shows that there isnt much difference in compensation between firms. Bain recruits MBA and masters level consultants from top US business schools including Harvard, Wharton, and Stanford as well as schools outside the US like INSEAD, HEC Paris, and London Business School. Bain looks for practical, leadership experience. Average salary for Bain & Company Consultant I in Crete: US$192,000. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. We are a global consulting firm working with the worlds leading businesses to.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. ), and one-time work-from-home bonuses have become more common. The comments below seem to miss the point that the salaries provided were for newly hired MBA/PhD students who just graduated. Youll build a powerful network in the process. For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. Find Events - Recruits Portal - Bain & Company As well as Bain consultant salary benefits, careers at Bain come with many perks. Senior Associate Consultant $137K. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Here's how much you'll make at McKinsey, Bain and - eFinancialCareers Though the full bonus isnt guaranteed. Bain & Company Consultant Salaries | Glassdoor Bain & Company Salaries How much do Bain & Company employees make? The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. . 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. They are very generous with top performers towards the top percentage of the cohort, so the average total compensation over a typical three year period may be higher for top performers at Bain versus other firms. If you want to learn in great detail how to ace the McKinsey interviews, check out our 40-partReady-for-McKinsey interview academyor our individual and private coaching sessions. How to Write Effective Consulting Resumes and Cover Letters, free interview prep material in your inbox, Sign-up to MBB Case Interview Prep Course. Bain & Company Total compensation: up to US$206,250 (150,814) Bain & Company is one of the Big Three consulting firms, working with public, private and non-profit businesses, and one of the most popular organizations among MBA graduates. 3 salaries for 3 jobs at Bain & Company in Reading, OH. A comprehensive guide to Bain & Company Salary in 2020! Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. Masters-level graduates get offered around $112,000 in base salary at Bain. Bain Management Consultant Salary | $126K-$288K+ | Levels.fyi Salaries posted anonymously by Bain & Company employees in Reading, OH. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. Find thousands of job opportunities by signing up to eFinancialCareers today. Your email address will not be published. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. MBA hires at Bain get PTO vacation of 25 days per year. Salary also varies by location, and there can be stark differences from one country to the next. The highest-paying job at Bain & Company is a Partner with a salary of $527,574 per year. This is comparatively high compared to graduate salaries in most other fields. Bain Manager Salary Managers at Bain design and oversee projects for clients. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. 2022 salaries and bonuses for master's and undergraduate hires at elite consulting firms. McKinsey interviews (2023): the comprehensive insider guide, How to interpret charts and data in case interviews, McKinsey Personal Experience Interview: comprehensive insider guide, Case interview examples (2023): a collection from McKinsey and others, McKinsey Solve Game (2023): How to prepare and ace the Imbellus, 2023 | Contact: +43 6706059449 | Baindidn't break out its U.K. headcount in its report, but the company employs 12,000 people globally, around 1,200of whom are listed on LinkedIn as working in the UK. Bain & Company Consultant I Salaries in Valpo, IN | Glassdoor 2022 MConsultingPrep | Intellectual Property protected by DMCA. Download our full salary and bonus survey here. U. nlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. Apply today for the Associate Consultant Athens 2023 with Bain & Company. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms.