How much does a consultant at BCG earn in India?

BCG Salaries

Is BCG a good company to work for?

Firm Has Been Ranked in Top Three for Four Consecutive Years 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. In addition, BCG offers more perks than most companies in the ranking.

Does Boston Consulting Group pay well?

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.

What is Boston Consulting Group famous for?

BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

How much does a partner at BCG earn in India?

Average BCG Partner salary in India is ₹ 105.2 Lakhs for employees with less than 1 year of experience. Partner salary at BCG ranges between ₹ 60 Lakhs to ₹ 150 Lakhs.

Is it hard to get a job at BCG?

The second largest of the prestigious “MBB” (McKinsey, The BCG, or Bain & Company), Boston Consulting Group is one of the most selective of the Top 3 consulting firms, just behind McKinsey, using a rigorous and challenging hiring process.

Is BCG better than McKinsey?

BCG boasts a performance bonus of up to $45,000, making it the more lucrative of the two for first year hires. Typically, McKinsey sets the standard for salary, and beats BCG to the punch in increasing salary rates. While responsibilities at each firm are similar for a newly hired MBA, job title varies slightly.

Why is McKinsey a bad reputation?

McKinsey’s reputation has taken a hit in recent years. Beyond the opioid crisis, the firm has been criticized for some high-profile missteps: In 2019, McKinsey paid $15 million to settle a Justice Department investigation into its failure to disclose potential conflicts of interest in its corporate bankruptcy practice.

Why is McKinsey better than BCG?

McKinsey tends to have a more top-down approach and usually takes pride in challenging and often contradicting clients. They do cooperate with clients but tend to be quite assertive in pushing forward their solution. BCG is slightly more “cooperative”, putting a special emphasis on “delighting” clients.

How hard is it to get into Boston Consulting Group?

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.

Can you make a lot of money in consulting?

First-year consultants with a Bachelor’s degree at most major firms (often referred to as “associate consultants”) can typically expect to earn between $60,000 and $90,000. For a select number of firms, the salary can approach $100,000. This figure includes base salary, signing bonus, and relocation expenses.