What is the size/makeup of your project teams?

Starting at a T2 strategy firm in a few months as an associate out of UG.

I know this answer will vary from project to project and firm to firm but would love to get an idea of what your team makeup looks like.

How many Directors/Principles, Project Managers, Consultants, Associates, etc. furthermore, what is expected of each role and how can one successfully go above and beyond as a new hire?

Any input/advice is welcome.
Thanks in advance!

 
Most Helpful

1) Practice Manager /Director (x1)

2) Project Sponsor (x1)

3) Project Manager (up to x3)

4) Team Leads / SMEs (xx depending on the scope)

5) Consultants (xx depending on the scope again)

6) Associates (as many as you can throw at the project so long as you don't have to go back and redo their work and waste hours)

Coming in as an associate, put in your time and do your work correctly so that your seniors don't have to correct and explain your work. Otherwise you wind up in the dreaded personal improvement plan which is a quiet way to say we'll still keep paying you but start looking for a new position. You do it right and show the effort and that you've already measured twice before cutting once that'll go far.

Oh, and scale up your Excel and PPT skills. Word skills is good to have too. Work on your relationship management skills so they don't fear letting you loose in a conference room with the client since as an associate you're probably going to be there to help gather project requirements. Especially if you want to climb the ladder.

 

BCG "typical" scope for a strategy project is PL+2 (so 1 manager level + 2 associates/consultants). Senior level involvement depends but at least 1 partner who is the lead contact, additional partner(s) who may occasionally provide content/relationship support, and internal experts or pre-partner consultants where the scope necessitates. Have heard from friends that Bain's model tends to be M+3 with higher junior leverage to offset the less developed support/expert capabilities.  

 

Voluptas et est accusantium facere voluptas. Repellendus voluptatum tempora cum illum excepturi.

Career Advancement Opportunities

April 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

April 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

April 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

April 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (552) $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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”