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Chief
1) Associate
2) Consultant
3) Senior Associate
4) Senior Consultant
You didn't say which metric to rank them by, so I ranked them by length. You're welcome!
From lowest to highest:
1- Associate
2- Senior Associate
3- Consultant
4- Senior Consultant
Beware of grades, the tend to differ from firm to firm and they din’t always represent a person skills and abilities.
In my case, I am a recognized Senior Managing Consultant.
Yet, that’s not my official position title wording as you can see.
The title structure varies also at post engagement management level and per firm.
Though, beware, semantically an associate should be a firm shareholder or firm equity owner.
That’s tricky, but it such case an associate is a partner.
Words have a meaning.
I have a simpler framework for titles categorization:
1- execution
2- execution supervision
3- supervision management - operations management
4- P&L management including line, functional and middle management
5- strategy design - low board level
6- shares or equity valuation - top board level
Same story for directors and managers.
If you want to learn more about it, I advise you the excellent YT video by the thecompaniesexpert channel.
Pro
McKinsey:
1) Business Analyst, BA (fresh graduate)
2) Senior Business Analyst, SBA
3) Associate (MBA level)
4) Senior Associate
BCG:
1) Associate (fresh graduate)
2) Senior Associate
3) Consultant (MBA level)
4) Senior Consultant
Bain:
1) Associate Consultant (fresh graduate)
2) Senior Associate Consultant
3) Consultant (MBA level)
4) Senior Consultant
Thank you but I knew this already, I was asking to rank how sexy the titles sound
I like the restructuring firm approach: Director, Senior Director, Managing Director, senior managing director, ultra senior executive super mega Director etc
Chief
Or the bank/FS approach:
VP (0-2 YOE)
Head VP
Group VP
Senior VP
Executive VP
Director
Head Director
Group Director
Senior Director
Managing Director (10-15 YOE)
Senior Managing Director
Executive Director
Senior Executive Director (100 YOE)
How about Analyst vs. Associate (and senior counterparts) for the low YOE titles?
I back D, an analyst is often described as a business analyst, that’s the lowest level.
In such case, an Associate is still a junior consultant with less than 5 years of field experience.
I guess that D1 would back it too.
If you want to compare a good way is to benchmark title duties and evaluation criterias in line with expectations.
That’s another meaningful way to do it, beyond the title.
@SA: one way to rank it would be to use a time in grade criteria but to do so, you need a firm ladder.
And that ladder is only a per firm standardization, unless you consider external - to firm - referral standardization frameworks.