Mbb london salary EC4N Almost all our tech clients were positioned to far exceed our MBB partners, and they worked half the hours these partners worked. Dec 12, 2022 · The average salary for MBB Senior Consultant is £56,880 per year in the United Kingdom. Business Analyst (2yrs) - £55,000 Associate/Sr. View all Amazon UK Services Ltd. Also, London attracts people from around the world who have English as their preferred working language. McKinsey UK employees with an MBA or PhD start at £84,000 (~$108,000 USD). Sep 19, 2024 · Preparing for a consulting role with an MBB (McKinsey, Bain, BCG) firm in the UK requires a combination of research, skill-building, and networking. Nov 23, 2016 · As a matter of fact Eastern Europe offers one of the best salary to cost of life ratios for consulting. Base salaries are typically within 5% of one another. Jan 7, 2025 · In comparison, we find that Bain is the best paying graduate employer in the UK. For each role from Graduate to Associate Partner, the firms all provide very similar total compensation. Associate (1. For more info on consulting salaries across different industries, check out consulting. In 2025, according to Management Consulted, MBB firms paid between 9% and 40% better than the Big Four, while in 2020, they were between 7% and 36% better. The base salary of around £52,000 and performance bonus of up to £11,000 add up to a total compensation package of up to £63,000, slightly outperforming McKinsey and BCG's packages which range around £60,000. I worked at an MBB for 4 years and had no idea T2 and B4 were different lol Reply reply UK, London, 7 YoE £115k Salary, up to 25% bonus, company share options Jan 8, 2024 · Whilst salaries are relatively similar - $80k to $95k at Big Four compared to $110k or so at an MBB firm – the latter can expect performance bonuses of up to $30k, per Management Consulted. Feb 26, 2023 · For McKinsey (TC):. - A10 Oct 20, 2021 · Article says last updated Oct 10th, 2022, but doesn’t seem like comp figures have been updated for the summer 2022 salary and other comp increases, e. Sep 21, 2024 · Based on the most helpful WSO content, here's what you need to know about MBB starting salaries in London: Base Salary : Typically around £50k to £65k. MBB and other firms base salaries are extremely close. Usually MBB starting salaries are pretty close to each other. Even the partners making $3M+ had base salaries around $300K. This is a significant difference which should tell you that location is an important factor to consider. Source is LBS employment report. We have attached some salary comparisons of PWC and Accenture for reference. London. There are many discussions on NYC vs London banking on Wall Street Oasis. com Jun 5, 2024 · Find out how much the MBB salary is and what bonuses you can expect in our salary report. Jun 30, 2015 · In London, fresh graduates start on only £32k which is equivalent to 50k. The consulting average at LBS is £90k. Salary data from real offers - updated annually! See 2024 consultant salary data for McKinsey, BCG, Bain, Big 4 firms, and over 90 more! Mar 6, 2020 · The gap between MBB salaries and other salaries is even wider in other countries. Applications for the Associate Consultant role in the London office are currently closed and will open again in September 2025. . Do you guys think it is possible to ask the big 4 in London to match my salary in the US? Big 4 consultant salary london Absolute salary level obviously varies by city. This was roughly my starting salary in London also big 4 Take home pay ~£2,100 (after pension contribution) £800 rent (flat share in nice modern place) £200 ish share of bills £200 groceries (groceries are cheap in London) £0 commute (don’t need car, at this time I could walk to office and also WFH. Assessment information Following your application, you will receive a link to an online assessment which you will need to complete. incoming MBA/PhD at MBB base here is 175/175/190, but the new numbers are McK/Bain $192k and BCG $190k. Managers in the big 4 I'm working start on only £60-65k, thats less than 100k. , Oliver Wyman, Roland Berger. NYC IB pays much more than MBB Dubai based on abuhatem's post. com. Starting salaries in Eastern Europe are actually similar to Spain/Italy/Greece. 5yrs) - £110,000 Engagement Manager (2-3yrs) - £150,000 Junior/Associate Partner - £210,000 May 26, 2022 · Out of curiosity what is the salary like for Senior AC, Consultant, Manager etc? Is it £60-80k for senior, 90-110k for consultant and 120-140k for manager? And how long does it take to get to each level? Total Annual Salary: up to $777,000 (Germany: €901,000, India: ₹53,000,000, UK: £650,000) - potential for much more based on individual sales and profit sharing) Source: Glassdoor. At McKinsey, BCG and Bain, compensation consists of an annual salary and performance bonus. Bonus : Can range from £15k to £25k. In London with the £88k you’ll end up with ~£4,700 net, depending on your pension contribution or other insurance/benefits. Figures in this chart represent the highest available data points in each location. Jan 17, 2023 · Other top boutiques chose to increase salaries after freezing them in 2022. The average additional cash compensation for a MBB Senior Consultant in the United Kingdom is £5,851, with a range from £2,695 - £12,703. I wouldn't speak publicly about absolute salaries at my firm, but I spoke recently with a final year undergraduate who just received an offer from another MBB firm for 2022 start in London at about the GBP 60k level (about EUR 70k). 70 Queen Victoria Street. E. There is a person who has bankers friends in both cities, and said that NYC friends amassed $1million net worth quicker. Posted by u/Aromatic_Mention_661 - 1 vote and no comments In this article, we will explore and compare the salary of management consultants at 13 top consulting firms, including the Big Three (MBB) firms, the Big Four firms, and six Tier 2 firms - Accenture, Booz Allen Hamilton, Kearney, L. Last year, most of the T2 firms were within $10k base of the MBB offers and I think some even matched it. Compare this to the starting base salary in the U. This is not true. IB: Ass0 - £80k base, £20-25k signing bonus, £20-25k winter stub; Ass1 - £90k base, £50-100k bonus MBB/T2: £85-95k base, £15-25k signing bonus, 10-30% Feb 24, 2022 · In 2022, MBA consulting salaries at the MBB firms start at $175,000, up from $165,000 in the previous two years. Mar 22, 2022 · In line with that, London-based MBB consultants will can 10x the amount of linkedin requests for networking, which gets quite tiring… It's a very popular location for any professional, including MBB for projects and exit opportunities. K. - A10 jobs - London jobs - Director of Process Improvement jobs in London; Salary Search: Process Improvement Specialist - 24 Month FTE, EU CF ACES PSE salaries in London; See popular questions & answers about Amazon UK Services Ltd. So obviously the MBB average is going to be more. There is no noticeable difference for IB and Biglaw. Roland Berger, one of the leading boutique consultancies froze MBA starting salaries at $160,000 for the second year running. Jun 9, 2023 · I have several questions about Tier 2,3 and boutique consulting firms: does working there differ a lot from what you do at MBB (meaning you still do strategy consulting). Here are some tips on how to prepare for a consulting role with an MBB firm in the UK: We would like to show you a description here but the site won’t allow us. Jun 26, 2023 · MBB consulting salaries from Graduate to Associate Partner . If it's different, then what exactly differs? And how big is the salary gap between boutiques, tier 2, 3 and MBB? Jan 30, 2025 · Compensation for MBA & PhD consultants were somewhat more similar, and the disparity was not growing quite so dramatically. You’ll need to spend around £1,500-2,000 for a decent 1 bed apartment and then the rest of the spending depends on your lifestyle, so if you like to meal prep I would expect £500 on groceries and another £500-1,000 for the rest of your lifestyle. g. Strategy consulting salaries are often close (5-10% lower) to some of the Western European salaries but with a much cheaper cost of life. Edit: I forgot to add that these partners base salary was $250K–$400K. Kearney, a firm which has paid higher base salaries than the MBB firms in the past, increased its MBA consulting salaries by $20,000 to $188,000. See full list on managementconsulted. LONDON. Signing bonuses are also relatively uniform across the two, although Deloitte and KPMG are more generous than their competitors. S of $165,000. Feb 3, 2025 · The salary at McKinsey London is £46,775 (equivalent to ~$60,000 at time of writing). rwgft axzfwexxf xcg yeiqpi ryb qisruo syciuo uzp ooow kfhtx gdwdpw dqenmhg mrozc rnvxm rigfkm