Deloitte Salary Business Analyst
Deloitte Salary Business Analyst – Whether you are a student or recent graduate looking for your first job in consulting or you already have some background and are looking for career advancement, there are some aspects of management consulting that you need to be aware of.
With so many consulting firms, all offering different compensation packages and career paths, your decision becomes much more difficult.
Deloitte Salary Business Analyst
Moving to Google might seem like the logical step to take, but expect to be overwhelmed by the amount of arbitrary information presented to you.
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That’s why I’ve put together a comprehensive guide comparing the salaries of management consultants at some of the most prestigious consulting firms in the world.
Maybe you don’t know where to start or you want to optimize your preparation time with an efficient plan.
That’s why I created this free course (4+ hours of videos and 10+ templates to download) to help you get a consulting job offer.
Therefore, the table below illustrates the management consulting career path you can expect to take on your journey from entry-level analyst to partnering with five of the most respected management consulting firms.
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For example, if you are a rock star, you can go from analyst to partner in less than 8 years.
On the other hand, if you are on the other side of the spectrum, you can tackle the “on or off” politics. This means that if the company is not ready to promote you to the next level at the end of the generally accepted time frame, it will ask you to leave the company.
But these are extreme situations. Here is a table that summarizes the average number of years you should expect per role.
The responsibilities below are broadly based and will give you a basic idea of the type of business you would be primarily responsible for at each level.
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The role involves in-depth research and data collection on customer problems along with suggested solutions. This information is organized and presented to senior internal consultants in a compelling format such as a presentation or PowerPoint presentation.
Additionally, BAs will often be tasked with building financial models using tools like Excel to also reinforce any recommendations.
Check your target company’s website for job opportunities. Or, alternatively, you might also find entry-level consultancy jobs with Jooble.
The role of Consultants and BAs overlaps in many ways. Collecting data in a certain capacity is just one of them.
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However, once an assignment is assigned, junior consultants should work independently with minimal supervision to get the job done.
Senior consultants are more specialized than junior consultants and play more of a leadership role. As such, they are generally responsible for the major BA and junior consultant teams.
Additionally, due to the increased accountability and the fact that they are much closer to the action, senior consultants have more say when it comes to internal discussions with senior management.
In consulting, this means that managers spend most of their time structuring problems, managing analysts’ individual workflows, and synthesizing them into a cohesive analysis.
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In other words, they must organize the tasks that BA, junior consultants and senior consultants have to perform, ensure that the work is delivered on time and that the proposed solutions are effective.
In addition, they are the bridge between senior and BA principals and partners, junior consultants and senior consultants.
There is a saying: the closer you get to the top, the more often it becomes difficult. This rings true for principals.
One step away from becoming a partner, the first year in this position is advertised as the most challenging in management consulting.
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Principals have established themselves as experts in their field or specialized sector. The role consists of many trips and meetings with clients.
Partners are often the first point of contact during discovery calls and will also follow up on active cases and conduct final meetings to close cases.
You now have a solid understanding of management consulting, including typical career progression paths and standard job descriptions at each level.
However, before looking at the numbers, remember that management consultant salaries can vary significantly by location and job titles can differ between companies.
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Therefore, I decided to focus my management consulting salary analysis on 2 regions: the United States and France.
The median base salary for a college degree in the United States is $ 85,000 and the median total salary is $ 95,000. The additional remuneration consists of cash bonuses.
The average salary that BAs in the United States can expect to receive is $ 85,000, with the average total salary being $ 95,000. The additional compensation consists of cash bonuses, stock bonuses, profit sharing and commission sharing.
In the United States, BAs who work for Bain & Co can expect to earn $ 86,000 per year as a base salary. The average total salary is $ 98,000 with the additional salary consisting of cash bonuses, profit sharing and commission sharing.
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The median base salary for a BA working at Deloitte in the United States is $ 76,000. The average total salary is $ 77,000, and the additional salary consists of cash bonuses, shares
Accenture offers BA $ 78,000 in median base salary in the United States. The average total salary is $ 79,000 with the additional salary consisting of cash bonuses, stock bonuses, and profit sharing.
The median base salary for a junior consultant in the United States is $ 107,000 and the median total salary is $ 124,000. The additional remuneration consists of cash bonuses.
The median salary junior consultants in the United States can expect to receive is $ 112,000, with the median total salary being $ 125,000. The additional compensation consists of cash bonuses, stock bonuses and profit sharing.
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In the United States, junior consultants working for Bain & Co can expect to earn $ 103,000 per year as a base salary. The average total salary comes to $ 130,000 with the additional salary consisting of cash bonuses, stock bonuses, and profit sharing.
The median base salary for a junior consultant working at Deloitte in the United States is $ 88,000. The average total salary is $ 91,000 and the additional salary consists of cash bonuses.
Accenture offers junior consultants $ 100,000 in median base salary in the United States. The average total salary is $ 104,000 with the additional salary consisting of cash bonuses, stock bonuses, and profit sharing.
The median base salary for a senior consultant in the United States is $ 154,000 and the median total salary is $ 181,000. The additional compensation consists of cash bonuses, stock bonuses and profit sharing.
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The median salary senior consultants in the United States can expect to receive is $ 157,000, with the median total salary being $ 186,000. The additional compensation consists of cash bonuses, stock bonuses and profit sharing.
In the United States, senior consultants working for Bain & Co can expect to earn $ 158,000 per year as a base salary. The average total salary comes to $ 186,000 with the additional salary consisting of cash bonuses, stock bonuses, and profit sharing.
The median base salary for a senior consultant working at Deloitte in the United States is $ 110,000. The average total salary is $ 119,000, and the additional salary consists of cash bonuses and profit sharing.
Accenture offers senior consultants $ 108,000 in median base salary in the United States. The average total salary is $ 113,000 with the additional salary consisting of cash bonuses, stock bonuses, and profit sharing.
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The median base salary for a manager in the United States is $ 180,000 and the median total salary is $ 233,000. The additional compensation consists of cash bonuses, stock bonuses and profit sharing.
The median salary that managers in the United States can expect to receive is $ 193,000, with the median total salary being $ 234,000. The additional compensation consists of cash bonuses, stock bonuses and profit sharing.
In the United States, managers working for Bain & Co can expect to earn $ 165,000 per year as a base salary. The average total salary is $ 222,000 with the additional salary consisting of cash bonuses, stock bonuses, and profit sharing.
The median base salary for a manager working at Deloitte in the United States is $ 141,000. The average total salary is $ 152,000 and the additional salary consists of cash bonuses, profit sharing and commission sharing.
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Accenture offers managers $ 135,000 in median base salary in the United States. The average total salary is $ 143,000 with the additional salary consisting of cash bonuses, profit sharing, and commission sharing.
The median base salary for a principal in the United States is $ 225,000 and the median total salary is $ 402,000. The additional compensation consists of cash bonuses, stock bonuses and profit sharing.
The median salary principals in the United States can expect to receive is $ 231,000, with the median total salary being $ 363,000. The additional compensation consists of cash bonuses and profit sharing.
In the United States, principals who work for Bain & Co can expect to earn $ 219,000 per year as a base salary. The average total salary is $ 427,000 with the additional salary consisting of cash bonuses and profit sharing.
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The average base salary for a principal working at Deloitte in the United States
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