Business Strategy Consultant Accenture Salary
Business Strategy Consultant Accenture Salary – Fishbowl blows with MDs unhappy with Accenture’s share price performance over the past six months. The feeling of low returns is real and many are not happy about it. Accordingly, the share price is down 35% since its peak at the beginning of the year. More tragically, […]
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Business Strategy Consultant Accenture Salary
If you’re a managing director at Accenture, you probably sent in a big payment of your federal taxes before yesterday’s deadline. If you’ve been an MD for a few years, you’d expect it, but I would guess that new MDs are quite shocked. After all, if 2021 was the year you got […]
Management Consultant Job Description: Salary, Skills, & More
Over the decades, many companies have shifted at least part of their compensation to equity-based through the use of Restricted Share Units (RSUs). You’re not guaranteed income like you’re paying a salary, but it gives you the opportunity to build wealth quickly – if the stock price goes up, of course! […]Whether you’re a student or recent graduate looking for your first job interview or you already have experience under your belt and want to advance your career, there are certain aspects of consulting with managers that you should be aware of. of the.
With so many consulting firms, all offering different salary and career packages, your decision becomes more difficult.
Turning to Google may seem like a logical step to take but expect to be overwhelmed by the amount of arbitrary information presented to you.
That’s why I’ve put together a comprehensive guide that compares the salaries of management consultants at some of the world’s most famous consulting firms.
Careers In Consulting
Maybe you don’t know where to start, or you want to maximize your preparation time with an effective plan.
That’s why I created this free course (4+ hours of video and 10+ downloadable templates) to help you get a consulting job.
So, the table below shows the career path you can expect to take on your journey from entry-level analyst to partner at five respected management firms.
For example, if you’re a rockstar, you can make it from Reviewer to Partner in less than 8 years.
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On the other hand, if you are on the other end of the spectrum, you may be dealing with an “up or out” policy. This means that if the firm is not ready to promote you to the next level at the end of the generally accepted period, they will ask you to leave the firm.
But, these are extreme cases. Here is a table that summarizes the average number of years you should expect for each role.
The responsibilities below are broad and will give you a basic idea of what type of duties you will be responsible for at each level.
The role involves extensive research and data gathering of customer problems and recommended solutions. This information is organized and presented to senior in-house counsel in a compelling format such as a slide deck or PowerPoint presentation.
Management Consulting Salary [2020]
Furthermore, BAs will often be tasked with building financial models using tools such as Excel to reinforce any recommendations.
Check your target firm’s website for job opportunities. Or, alternatively, you can get an entry-level consultant job with Jooble.
The role of Consultants and BAs overlaps in many ways. Collecting data from a specific location is one of them.
However, once assigned, junior consultants are expected to work independently with little supervision to get the job done.
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Senior advisors are more skilled than junior advisors and play a leadership role. As such, they are generally responsible for leading BA and junior consultant teams.
Moreover, because of the greater responsibility and the fact that they are ‘closer to the action’, senior advisers have more say when it comes to internal discussions with senior leaders.
In consulting, this means that Managers spend most of their time planning the problem, managing the individual work streams of the analysts, and combining them into a joint analysis.
In other words, they should coordinate the tasks that BAs, sub-consultants, and senior consultants must do, ensure that the work is done on time and that the proposed solutions are effective.
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Besides, they are the bridge between senior principals and partners and BAs, junior advisors, and senior advisors.
There is a saying – the closer you get to the top, the more challenging it becomes. This is true for principals.
One step away from making partner, the first year in this position is described as the most challenging in management consulting.
Principals have established themselves as experts in their field or specialized industry. The role involves a lot of travel and meetings with clients.
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Associates are always the first point of contact during a call and will follow up on active cases and conduct final case wrap-up meetings.
You now have a solid understanding of management consulting, including common career progression methods, and standard job descriptions at each level.
However, before you look at the numbers, remember that management consulting salaries can vary greatly by location, and job titles can vary across companies.
Therefore, I decided to focus my analysis of management consulting salaries on 2x regions: the US and France.
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The average base salary for a BA in the United States is $85,000 and the average gross salary is $95,000. Additional pay includes cash bonuses.
The average base salary BAs in the United States can expect to earn is $85,000, with a median salary of $95,000. Additional compensation includes cash bonuses, stock bonuses, profit sharing, and commission sharing.
In the US, BAs working for Bain & Co can expect to make $86,000 a year in base salary. The total average salary comes in at $98,000 plus compensation that includes cash bonuses, profit sharing, and commission sharing.
The average base salary for a BA working at Deloitte in the US is $76,000. The average total salary is $77,000 and additional salary includes cash bonuses, stock.
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Accenture offers 78,000 BAs with an average base salary in the US. Average total salary is $79,000 plus additional compensation including cash bonuses, stock bonuses, and profit sharing.
The average base salary for a junior consultant in the United States is $107,000 and the average total salary is $124,000. Additional pay includes cash bonuses.
The average salary that junior consultants in the United States can expect to earn is $112,000, and the average salary is $125,000. Additional compensation includes cash bonuses, stock bonuses, and profit sharing.
In the US, junior consultants working for Bain & Co can expect to make $103,000 a year in base salary. The total average salary comes in at $130,000 with additional compensation including cash bonuses, stock bonuses, and profit sharing.
All About Management Consulting Salaries (2020)
The average base salary for a junior consultant working at Deloitte in the US is $88,000. The average total salary is $91,000 and additional salary includes cash bonuses.
Accenture offers young consultants $100,000 in average base salary in the US. The average gross salary is $104,000 plus compensation that includes cash bonuses, stock bonuses, and profit sharing.
The average base salary for a senior consultant in the United States is $154,000 and the average salary is $181,000. Additional compensation includes cash bonuses, stock bonuses, and profit sharing.
The average base salary that senior consultants in the United States can expect to earn is $157,000, and the average base salary is $186,000. Additional compensation includes cash bonuses, stock bonuses, and profit sharing.
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In the US, senior consultants working for Bain & Co can expect to make $158,000 a year in base salary. The average total salary comes in at $186, with additional pay including cash bonuses, stock bonuses, and profit sharing.
The average base salary for a senior consultant working at Deloitte in the US is $110,000. The average total salary is $119,000 and additional salary includes cash bonuses and profit sharing.
Accenture offers top consultants a $108,000 median base salary in the US. Average total salary is $113,000 with additional compensation including cash bonuses, stock bonuses, and profit sharing.
The average base salary for a manager in the United States is $180,000 and the average total salary is $233,000. Additional compensation includes cash bonuses, stock bonuses, and profit sharing.
Cedar Management Consulting Office Photos
The average salary that managers in the United States can expect to earn is $193,000, with an average salary of $234,000. Additional compensation includes cash bonuses, stock bonuses, and profit sharing.
To the
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