Ladder of Consulting firms?

What's the ladder at each consulting firm?

Deloitte Consulting:

Analyst (Undergrad) => Consultant = > Senior Consultant (MBA) => Manager => Senior Manager => Principal / Director.

Principal E => Principal D => Principal C = > Principal B = > Principal A.

Director should be (not 100% sure on this) => 1,2,3,4,5.

Deloitte also has the specialist route - for its technology folks that don't want to do Project Management and want to simply stay in the system.

Analyst => Specialist => Senior Specialist = > Specialist Master = > Specialist Leader

I know you can't make Principal this route but not sure about Director.

 

From memory, so I could be off.

McKinsey: Business Analyst -->(MBA) --> Associate (Senior Associate) --> Engagement Manager --> Associate Principal --> Partner --> Director

Bain: Associate Consultant (Senior Associate Consultant) --> (MBA) --> Consultant --> Case Team Leader --> Manager --> Partner

BCG: Associate --> (MBA) --> Consultant --> Project Leader --> Principal --> Partner

(EDITED: Thanks for the corrections)

 
Best Response

It's variable.

55-65 hours would not be a killer week. 70-80 is not unreasonable in the lead up to delivery of a major deliverable. 45-50 (or less) is also to be expected if on the beach without a major proposal to work up.

My experience has been that the team - from Partner down - typically work similar hours in the office. Partners and other seniors probably do more reading/review/prep work at home but face time is all about the same.

Partner's typically have more travel as well, so that's a factor.

Experience's vary though - some partners are a lot more hands on, others are happy to let their juniors own the work and will focus on selling new work (these partners tend to work fewer hours).

 

Actually, I think the hours are the worst as a Senior Manager. There might be an uptick as you go from MBA to Manager but, imo, Partners, on average, work less hours than Sr. Mgrs. They might travel more since it's predominantly a sales job.

Grga Pitic
 
Zzari:

From my impression, the hours get worse as you go up the ranks until you hit Senior Manager, then the "hours" start to decrease slightly. However, Senior Managers/Partners/Directors spend a lot of time thinking about the job outside of working hours, so I think they're under more stress overall.

Same impression I get. Though I think in terms of pure bitchwork, Project Leaders (who can't/refuse to delegate) have it the worst.

 

Hours get worse just as you're in line to get promoted (whether to manager or partner). Partners travel a whole lot more than anyone else. Managers and partners may not work less than analysts, but they do have more control over when they put in their hours (subject to client constraints of course).

 

from what I know. (starting at PwC full time next summer)

Associate = 1 yr (65k + 10k signing + year end bonus) Experienced associate = 1 yr (75k + bonus(es)) Senior associate = X yrs ( near 100K and above [salary increasing while SA]

Yes there is a partner/principal on MC side and they can make A LOT more than accounting partners.

What vertical & horizontal would you be aligned to?

 

I concur with The Sour Patch Kid. After B-school if you perform really well you become a partner. Plus you have to be a great salesman to establish new relationships with potential clients.

 

Typical career progress is as follows. Titles vary by firm, but the amount of time in each role is pretty similar.

Analyst/Associate: 2-3 years (post-undergrad role) B-School: 2 years Consultant/Senior: 2 years (post MBA/APD role) Manager/Engagement manager: 2-3 years Senior manager/Director: 2 - X years

I put "X" as the length for Senior Manager because a lot of Senior Managers don't make it to partner. For those who do, some make it in 2 years, and others take 5-6 years or more. A lot of Senior Managers get recruited by other firms to become partners if it becomes apparent that they aren't going to make partner at their own firm.

 

Vero quibusdam modi distinctio nulla ut inventore voluptatem. Fugiat consectetur distinctio aut tenetur. Aliquid animi qui voluptas aliquid molestiae earum. Temporibus vitae quas quis eaque nulla excepturi.

Ut voluptas in blanditiis. Placeat expedita aut sequi voluptates reprehenderit. Magnam qui enim voluptatem qui est.

Nobis nisi quisquam repellat minus alias suscipit. Ratione porro rerum et consequuntur et fugit. Esse odio doloribus amet harum. Aut quae quisquam beatae dolorem fugit qui est.

 

Quaerat quia dolores laborum ut. Quibusdam qui numquam iusto cumque odit amet ad. Magnam labore qui harum deleniti dolor ducimus. Aut ut maxime totam et vel id. Earum velit asperiores rem quidem necessitatibus aut. Dignissimos ut ut libero voluptatem consequatur maxime quia inventore.

Aut numquam accusamus asperiores. Quis dolores ut qui nulla doloribus ratione. Vero at illo vero exercitationem quos distinctio recusandae inventore. Debitis quia amet vel praesentium.

Est consequuntur rerum aliquam excepturi sed molestiae. Facilis omnis facere quia voluptas dolores hic id magni. Ut quis omnis iste velit esse. Impedit odit saepe at vel ullam.

 

Minus laboriosam voluptas voluptas non eum. Quia voluptatum sit recusandae ad est assumenda et. Sapiente quibusdam sequi aliquid quis animi est. Quia ratione reiciendis distinctio dolor minus ut. Repellendus et impedit sit explicabo nulla.

Dolor maiores facere ea quam eum est dolores. Enim ullam aut labore. Maiores repellendus magnam autem. Id optio porro placeat minima.

Aut consequatur voluptates quae quis omnis et. Porro consectetur et dolorem officiis esse numquam. Dolor et enim debitis in maiores fugiat. Delectus in sint dolor est deserunt quia tempora. Et ut modi maiores eos nisi nulla. Suscipit laudantium est maxime quia qui error illo.

Career Advancement Opportunities

March 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

March 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

March 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

March 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (99) $225
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • 3rd+ Year Associate (108) $130
  • Senior Consultant (329) $130
  • Consultant (586) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (145) $115
  • Engineer (6) $114
  • 2nd Year Analyst (342) $102
  • Associate Consultant (166) $98
  • 1st Year Analyst (1046) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (547) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”