This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $226,728 per year. 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. - Gregory Boison, Managing Director and Partner 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. Total COMPENSATION. 2028 . 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. San Francisco, California. Since joining BCG almost 20 years ago, Ted has built extensive expertise advising leading Chinese . Their MBA peers joining BCG can earn a performance bonus of up to $50,000 and have a signing bonus of $30,000. The qualities BCG looks for in candidates are qualities that are often valued during a time of crisis; resilience, focus on teamwork, and working well under pressure. See all Managing Director/Partner salaries to learn how this stacks up in the market. In addition, their performance bonuses are more than $500,000 a year. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. I'm a core member of India's Financial Institutions Practice Area with experience in growth strategy, large scale transformations, digital journeys, sales & marketing excellence, people and organization and business and turnaround strategies across banks, NBFCs and asset management companies. Overview Overview 7.1k Reviews 2.4k Jobs 9.5k Salaries 3.3k Interviews 1.7k Benefits 34 Photos. Very good overall Health Insurance Package, 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. They support and consult with their clients regarding good opportunities and addressing challenges by providing expert opinions and analysis based on their expertise. A principal has an average salary of $201,000. However, you can find accurate salary ranges - based on the current market - in our interactive salary guide calculator. I have deep expertise in strategy, operations, transformation, implementation and large capital . At Bain, they have a similar tiering: junior partners are called "Operational VPs" and senior partners are "Directors.". Partner and Managing Director salaries at Boston Consulting Group can range from $368,997-$645,338. The screening process provides a resume, a cover letter, a one-way interview with HR, and a BCG potential test. This includes metropolitan areas like Atlanta, Philadelphia, etc. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Annika Zawadzki und Jobs bei hnlichen Unternehmen erfahren. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Boston Consulting Group salary trends based on salaries posted anonymously by Boston Consulting Group employees. Let's look at the three big factors that drive that variance: While everyone generally just says "Partner" all of these firms have multiple tiers of Partners and these types tend to have different fixed, base salaries. OK year? Base: $90,000 (UK: 71,000, India: 1,600,000), Performance Bonus: up to $18,000 (UK: 6,000, 300,000), Retirement: Profit-sharing deposited into 401k account, Base: $165,000 (UK: 90,000) (Australia: A$160,000) (China: 700,000), Performance Bonus: up to $41,500 (UK: up to 25,000) (Australia: up to A$61,500)(China: 260,000), Profit Sharing: up to $9,000 (China: up to 200,000), Retirement:$10,000 into 401k (UK: up to 9% match) (Australia: A$16,000), Signing Bonus: $30,000 (UK: 15,000) (Australia: up to A$40,000), Relocation: $2,000-8,000 (Australia: up to A$7,500). In other developed countries, the figure fluctuates from $110,000 to $200,000 (profit sharing not included). Average salary for Boston Consulting Group Managing Director And Partner in New York City: US$502,050. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'howigotjob_com-large-mobile-banner-1','ezslot_13',199,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-large-mobile-banner-1-0'); They have a base salary that is between $450,000 and $650,000. Typically, a Bain consultant salary, BCG consultant salary, and McKinsey associate salary will be the same regardless of what office you are hired by. Explore Career Opportunities in Australia Office Leadership Anthony Roediger Average salary for Boston Consulting Group Managing Director And Partner in Dallas: USD 427,986. Work closely with BCG senior partners and managing directors, applying your strong communication and negotiation skills to meet staffing and development needs in ways that optimize the workforce. The community relies on everyone sharing. Compare salaries for specific roles across different industries and areas of expertise. Your email address will not be published. Average salaries for Boston Consulting Group Partner And Managing Director: [salary]. Glassdoor has listed this firm as one of the worlds best companies to work for. However, the pay in BCG usually ranges from $90,000 to $5 million. MANAGING DIRECTOR AND PARTNER: 300,000: SAN FRANCISCO, CA: 05/20/2021: 10/01/2021: THE BOSTON CONSULTING GROUP INC: MANAGING DIRECTOR AND PARTNER: 300,000: NEW YORK, NY: UK employees of the BCG tend to be behind the US employees when it comes to salary. Join us and unlock your potential to make a meaningful difference. .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? What does AP comp and lifestyle look like? Know Your Worth. 48 Group Club. 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). Time is split across several teams to give content and . BCG's 25,000 employees, including 7,000 consultants, work from its over 90 offices around the globe. Know Your Worth. Partner, total compensation: $500K - $1M, Sr. BCG Project Leader salary (2020) Base: $178,000 Performance Bonus: Up to $60,000 But, if youre in it for the long run, this is it, and this is now. Know Your Worth. Salary estimates are based on 13 latest salaries received from various employees of BCG. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. BCG consultant salaries have also risen for 2023, along with the other Big Three consulting firms. The estimated total pay for a Partner and Managing Director at Boston Consulting Group is $518,961 per year. At Boston Consulting Group, Partners are known as "Managing Directors" and then if they have been in that role 5-10 years they might get promoted to Senior Managing Director. Managing Director & Partner at The Boston Consulting Group in India. What do I mean by this? What do they all have in common? Leaves are less. Its annual revenue in 2021 was $11 billion. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does US$368,997 - US$645,338 look to you? You'll find people from all walks of life at BCG. Written by RocketBlocks experts. Consulting Based on 544 salaries Senior Associate 152 salaries Consultant 145 salaries View More Research & Science Based on 376 salaries Analyst 62 salaries Employees are promoted to this position after spending ten or more years with the company. The Boston Consulting Groups characteristics in their consultants are that they are creative, impactful, passionate, and team players. Plus technique overviews and premium 1-on-1 Expert coaching. This one is pretty straight forward and makes sense after all, you are a Partner in a Partnership, so overall performance will matter. Beyond is where we begin. ", "I recommend RocketBlocks to everyone at Wharton who asks. I am a Managing Director and Partner in BCG's Melbourne office and lead the Climate and Sustainability Practice for Australia and New Zealand. BCG hires from top US business schools including MIT Sloan, Kellogg School of Management, and Columbia Business School, as well as internationally. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. -- Morgan Cummings Gray, McKinsey Engagement Manager. Your input helps Glassdoor refine our pay estimates over time. For example, in the future, you could imagine the base salary and bonus formula for an implementation partner or digital labs partner to be different than pure "strategy." BCG Consultant salary in 7 countries 2016 in US dollar equivalents. Managing Director/Partner salaries at Boston Consulting Group can range from 2,96,00,169-3,15,19,615. Potential bonuses can be from $90,000 to $130,000. Like Share 1 3Y McKinsey & Company 2 Mckinsey is BA/associate, Engagement Manage, Associate Partner, Partner, Senior Partner. North America Leader, Tech Capital, Principal Investors and Private . This requires three interviews in Round 1 and three in round 2 of a Fit and Case. Upon passing all this, you may be offered a spot in BCG. When including bonuses and additional compensation, a partner can make up to an average of $426,932 a year. There are various career levels at BCG like associate, consultant, project leader, partner, etc. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. Like the salaries, BGC UK employees typically have lower performance bonuses too. Here is a summary: <br><br>1. This is a fun topic to discuss. So it all depends on their base salaries and bonuses. Average salary for Boston Consulting Group Partner And Managing Director in Red Bank, NJ: [salary]. Dive into the principles that shape our business. A shared commitment to our core values. A shared commitment to our core values. Leave Requesting Emails- Types of Sample Emails. This change will be brought about in October. BCG Associate salary in 12 countries 2016 in US dollar equivalents, (Profit Sharing not counted in this table due to inconsistent data;one-time/irregular payments such as signing bonus and relocation are not included). 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." Leaves are less. The highest-paying job at Boston Consulting Group is a Principal with a salary of 168,252 per year. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Managing Director & Partner at BCG | Global Topic Lead Climate & Sustainability in TCI | Climate Risk, Adaptation and Resilience Kln, Nordrhein-Westfalen, Deutschland. This is unsurprising, given these are highly polished professionals with ~10 years of expertise and stellar track records. - Katie Williams, Senior Director You're in the right place. Continue with Recommended Cookies. The salary figures in this article are for those joining management consulting positions in 2023. Principal. Average salaries for Boston Consulting Group Managing Director And Partner: [salary]. 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. Those who have set out on a, Preparing for an interview is crucial. Further details of this event have been sent to your previously entered email address. Anecdotally from what I've heard, Bain, true to their rep as the most collegial, goes the furthest in rewarding this. What do they all have in common? Two-to-three years out of an MBA program, BCG manager salary prospects are around $220-to-$240,000 in base salary and $100-to-$140,000 in bonuses. The ins and outs of a successful cybersecurity, The ins and outs of a successful cybersecurity career, An associate partner's base salary is around $300K to $400K, A junior partners base salary is around $400k - $500k, A senior partners base salary is around $500k - $650k. No, usually, MBA students dont have to give the potential test. Roughly, Principal is now a 2 year role vs a 4 year role previously. Thats before the performance and signing bonuses that accompany annual salaries at the top consulting firms. The Boston Consulting Group (BCG) Jul 2018 - Present4 years 6 months. Managing Director and Partner Boston Consulting Group (BCG) 2010 - Present13 years Canberra, Australia Previously based in BCG's London, Melbourne, Mumbai and Kuala Lumpur offices. One of the key attractions of joining the Boston Consulting Group is the BCG consultant salary prospects awaiting successful candidates. - Gregory Boison, Managing Director and Partner Jobs Join now Sign in Chris Stutzman Managing Director and Partner at BCG X, North America lead BCG X Design New York, New York, United States . Ok, now, let's put it all together. Externally, on LinkedIn, most Partners list their role as "Managing Director and Partner." At Bain it is similar to McKinsey. I am a Managing Director & Partner with Boston Consulting Group. The estimated total pay for a Partner and Managing Director at Boston Consulting Group is $518,441 per year. 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.