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Top Paying Consulting Jobs
- Management consultancy
- Strategy consultants
- Fortune 500 companies
Earning Potential as a Consultant
- First-year consultants may earn between $60,000 and $90,000
- Senior financial consultants at mid-tier firms can earn $112,000-$120,000
- Senior consultants at top-tier firms like Bain & Company can make up to $240k per year
- Boston Consulting Group senior consultants can earn up to $230k
Comparative Salary Information
- Accenture pays consultants the most in starting salary
- PwC and Deloitte offer the second-highest starting salaries
- KPMG provides the lowest starting salaries across ranks
Additional Salary Data
- Top NHS consultant earns £489,500 a year
- Average GP Consultant in the UK earns £51,017
- Thirteen firms pay over $200,000 long term, with Accenture Strategy, Altman Solon, and Galt & Company among the top paying
Salary Ranges
- Interns and analysts earn $60,000-$75,000 plus bonuses
- Principals make over $211,000 with $58,000 bonuses
- BCG, McKinsey, and Bain increased consultant pay this year
Factors Affecting Consultant Pay
- Rates depend on work and deliverables, not the consultant
- Profit margins are higher if a cheaper consultant can deliver
- Profit margins are lower if a more senior consultant is needed
