Bain and McKinsey pay $112K in base, followed closely by BCG at $110K. That's roughly 58% of MBB and PhD starting pay. Each MBB firm also furnishes a $5K signing bonus.BCG generally falls somewhere in between – competing with both McKinsey and Bain by striking a balance of expertise and creativity – and when selling, they are “more creative” than McKinsey and “more seasoned” than Bain.For employees with an undergraduate degree or a non-management Master's degree, the BCG salary rose to $110,000 in 2023. BCG salary also includes performance bonuses of up to ~$30,000, profit sharing contributed to employees' 401(k)s, a signing bonus of $5,000, and a relocation bonus of up to $8,000.

Is Bain better than McKinsey : For example, if you have a strong interest in private equity consulting, Bain might be more appealing to you. If you want to specialize in improving clients' operations, McKinsey's operations practice may be better.

Can you go from BCG to McKinsey

I know a few people that moved from one to another and did pretty well. One guy I know did the opposite you are planning (from McKinsey EM to BCG PL) and is now a Partner at BCG. Thus the move is definitely possible and you can be very successful afterward. The storyline is a bit tricky.

Is BCG catching up to McKinsey : BCG is catching up to McKinsey in hiring

Perhaps more surprisingly, BCG, which is smaller than McKinsey, hired a very similar number of candidates during this period, accounting for 37.3% of the total. BCG now appears to be catching up to McKinsey in terms of hiring, which represents significant progress for BCG.

Verdict: From the figures given it is clear to see that by revenue BCG is a bit bigger than McKinsey.

Deloitte scored higher in 2 areas: Work-life balance and Positive Business Outlook. Boston Consulting Group scored higher in 5 areas: Overall rating, Senior management, Compensation & Benefits, Career opportunities and CEO approval.

Is working for BCG prestigious

BCG is one of the “big three” management consultancies (referred to as MBB for McKinsey, BCG and Bain). Each is a prestigious firm working at the most senior echelons of management and selectively hiring top talent from the best universities in the world.That's before the performance and signing bonuses that accompany annual salaries at the top consulting firms. Master's graduates can expect a performance bonus of up to $22,000 and a signing bonus of $5,000. Their MBA peers joining BCG can earn a performance bonus of up to $50,000 and a signing bonus of $30,000.PwC

In general, PwC and Deloitte are considered the most prestigious of the Big 4. If you ask most people about prestige, they'll probably rank PwC/Deloitte > EY > KPMG. This is reflected in pricing, for example.

Top consulting firms, such as McKinsey, BCG, and Bain, typically only make offers to 1–2% of resumes that are submitted. It is a very competitive process, but with enough preparation, you can significantly improve your chances of success.

Which Big 4 is best for consulting : In summary, there is little difference between the big four firms but if you want to focus on digital consulting work then Deloitte may be the best choice for you, for tax it is probably PwC and for audit, there is probably negligible difference and so the 10% higher salary at EY and PwC is probably the deciding factor …

Is McKinsey more prestigious than BCG : In my experience, McKinsey has more prestige. Or more precisely, it's the more commonly known firm among people that aren't super familiar with consulting but could still have some influence over your career. If someone is not very familiar with consulting, McKinsey beats BCG.

Will BCG surpass McKinsey

BCG is now bigger than McKinsey – quite impressive – their revenue over FTE is better than McKinsey's. Seems that McKinsey's prestige is fading away with all the issues the firm is facing.

What is the highest salary in BCG The highest-paying job at BCG is a Senior Partner with a salary of ₹270.7 Lakhs per year. The top 10% of employees earn more than ₹64.99 lakhs per year. The top 1% earn more than a whopping ₹200 lakhs per year.In general, PwC and Deloitte are considered the most prestigious of the Big 4. If you ask most people about prestige, they'll probably rank PwC/Deloitte > EY > KPMG. This is reflected in pricing, for example. Big 4 will compete with each other on pricing.

Is Big 3 better than Big 4 : Typically, the Big 4 apply specific, predetermined tools to problems within defined subsets of the client company. This is very different from the Big 3 consulting firms, which employ more wide-ranging, free-form solution-finding processes and deal with the client company as a whole.