Principal & Partner Salary
How much does a partner in BCG earn?
Average BCG Partner salary in India is ₹ 107 Lakhs for employees with less than 1 year of experience. Partner salary at BCG ranges between ₹ 60 Lakhs to ₹ 150 Lakhs.
How much do consultants at BCG get paid?
Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. Project Leaders have a maximum annual salary of $266,000; Principals and Partners may earn up to $1,150,000.
How much do McKinsey partners make?
McKinsey Partner & Director Salary
McKinsey Partners and Directors in the US may earn up to $1,300,000 per year in salary, with $1,000,000 base and $300,000 performance bonus.
How much are BCG bonuses?
BCG: Base Salary: $84,000. Performance Bonus: $16,800 max. Signing Bonus: $5,000.
How much does a partner at Goldman Sachs earn?
Goldman is alone among big banks in naming partners. The title comes with perks: Partners earn a $950,000 base salary and gain access to lucrative internal investment funds.
Is it hard to get a job at BCG?
With a success rate of just 1%, getting hired at the Big Three consulting firms does not come easy. First, you need to have an excellent academic record, excellent communication skills and exposure to a wide range of academic and co-curricular activities.
Why are management consultants paid so much?
High salaries have become the norm for consultants because they function as a signaling mechanism for companies: These may be young people, but they’re the most intelligent ones out there. … From years two to five, expect to be promoted to senior consultant, engagement partner, or associate partner roles.
Is BCG a good company to work for?
The Boston Consulting Group has been ranked within the top three on Fortune’s “100 Best Companies to Work For” list for four straight years. … BCG’s LGBT-friendly practices and other diversity and inclusion programs have also been recognized as exceptional.
Is it hard to get a job at McKinsey?
McKinsey reportedly receives more than a million applications per year and hires less than 1% of them. The Top 3 consulting firms are among the ten most selective employers in the world and it is notoriously difficult to receive a job offer.
Is working at McKinsey worth it?
Working at McKinsey can offer you an opportunity to explore various industries and types of problems in a way few other firms can. This provides you with the chance to find your passion that best matches to your skillset. Over time, you can develop a specialty that makes you a valued expert in a field.
How many hours a week do McKinsey consultants work?
MBAs at McKinsey & Co., one of the most prestigious employers in the world, told TransparentCareer that they work an average of 72 hours per week. At Boston Consulting Group, it’s 63 hours every week, while at Bain & Co., the average is 58 hours per week.