How much do consultants at Bain earn?
How much do consultants at Bain earn?
Bain Consultant Salary Bain Consultants in the US can make up to $226,500 each year, with $165,000 from base salary, $41,500 from bonuses, and $20,000 from shared profits. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included).
What is the salary of a Bain partner?
The average Bain Partner Salary is in the neighborhood of $322,000 per year! However, top partners can make $1M+ or more – comp at this level is variable, with the biggest factor being the amount of work you sell. At this level, you’re expected to leverage your professional network to bring in clients.
How much does a VP at Bain make?
The typical Bain Capital Vice President salary is $219,388 per year. Vice President salaries at Bain Capital can range from $187,675 – $235,080 per year.
What is the hierarchy in Bain?
MBB: McKinsey, Boston Consulting Group, Bain
| McKinsey | Bain | |
|---|---|---|
| Intermediate (2-4 years) | Junior associate | Senior associate consultant |
| Senior (4-6 years) | Associate | Consultant |
| Middle management | Engagement manager | Case team leader |
| Upper management | Associate principal | Principal |
Is Bain better than McKinsey?
In terms of size, breadth, and reach, McKinsey has always been the obvious market leader. As the youngest of the 3 firms, Bain is the consistent upstart of the group and the firm’s lack of experience is compensated by huge risk-taking and market-differentiating moves.
Is it hard to get into Bain?
Bain’s recruitment process is one of the most selective as well: it is common for only 1% of consulting applicants to receive offers.
Do consultants get rich?
Across the entire consulting industry (including mega firms), the average consultant delivers $250,000 in revenue each year. That’s the average. I know consultants who feel overwhelmed with $75,000 worth of work on their plates.
What type of consultant gets paid the most?
Top 15 highest-paying consulting jobs
- Marketing consultant. National average salary: $56,068 per year.
- Associate consultant. National average salary: $58,889 per year.
- HR consultant.
- Technology consultant.
- Investment consultant.
- Sales consultant.
- Environmental consultant.
- Software consultant.
What GPA do you need for Bain?
At McKinsey, BCG or Bain, a candidate should have at least 3.6 GPA to insure against any doubts about academic achievements. However, lower GPAs do not automatically disqualify a candidate; a 3.2-GPA resume can still pass to the next round if it shows outstanding achievements elsewhere.
