How much do big 3 consultants make?
In the top three consulting firms, you can expect to earn $80,000 as an entry level salary, and $149,500 as a project manager salary. In management consulting, your annual compensation will rise as you become more experienced.
What is the highest level of consultant?
A principal consultant is capable of shaping a piece of business being the leader in a specific domain and in any other domains. A principal consultant develops high-level business relations and high-impact projects. A principal is capable of leading large teams and also generates new business ideas.
What does a McKinsey partner 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 do the Big 4 consulting firms make?
Consultants from McKinsey, BCG and Bain are not paid much more than their Big 4 fellows – as far as base salaries are concerned. In the United States, junior consultants in both groups are paid $70,000-$90,000 per year as base, while that of senior consultants fluctuate around the $140,000 mark.
Who are the largest consulting firms in the world?
This field is dominated by large consulting firms like McKinsey, Bain, and Boston Consulting Group, which are hired to help enterprise businesses improve strategy and operations or manage significant business events like mergers and acquisitions.
Which is the best field for a consulting job?
Sales Consulting Sales is generally considered the most important part of a business, and EVERY business on the planet wants to improve their sales team’s performance. This makes sales the perfect field for corporate consultants.
What are the names of the Big 8 consulting firms?
As you may have guessed from the names, numerous mergers reduced the Big 8 to Big 5: Arthur Andersen, Deloitte & Touche, Ernst & Young, KPMG (the PM stands for Peat Marwick), and PricewaterhouseCoopers.