Hi All,

What could I expect for salaries for Analyst/Consulting bands at Deloitte and McKinsey? Would be a technical/engineering consultant with 1 to 3 years of experience. Trying to understand base offers and whether there is room for negotiation at entry/first time consulting levels.

Thank you!

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With less than two years experience you would almost certainly be entry level at McKinsey (Business Analyst) or BCG (Associate), but after two and towards three-four you’d likely come in at a grade higher. Entry level at both is about £45-52k (BCG higher for now), and the next level up around £70k.

Big Four consulting salaries are about 25% to a third less in London right now.

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DMs open!

Not sure about Mck analyst salary but I do know that there is no room for negotiation

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*Edit: I'm seeing quite a range online and not sure what's realistic.

Deloitte analyst is about £35k i believe

Cheers thank you. Do you know if there's room to negotiate? Current make £45k+ in the same type of role in industry (engineering). I think I've been or will be pidgeon-holed as an analyst instead of a consultant. Do you think at the very least I ask for a matched salary?

There isn’t room for negotiation on entry level salaries (or indeed salaries at most grades) in MBB firms (McKinsey, BCG, Bain) - you may have slightly more luck with Big 4 (e.g. Deloitte) consulting as the salaries are banded ranges rather than fixed amounts.

Cheers thank you

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If you have 2 yes exp, you might be able to come in as a consultant (one grade above analyst), and you can expect around £43k first year

Personal advice would be wait, finish your grad scheme, and safely secure an entry one level up in consulting if you can. At BCG for instance, if you were placed as an Associate you’d be that grade for at least 21 months (early promotion) whereas if you were placed as Senior Associate it could be as few as 9 (rare) up to 24, but would at least give you a higher pay grade as your foundation in consulting

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