As a consultant, you take a risk and run a business. It's only natural to expect a profit margin on your fees. Generally, the salary of a Bain consultant, the salary of a BCG consultant, and the salary of a McKinsey associate will be the same regardless of the office that hires them. However, major consulting firms provide an enormous amount of support to ensure that all consultants have the tools they need to succeed.
My Consulting Offer has helped almost 89.6% of the people we've worked with to get a job in management consulting. Our team of former recruiters from Bain, BCG and McKinsey keep in contact with professionals in the consulting industry and provide all the resources needed to succeed. So, what percentage do consulting firms take? It's reasonable to expect a profit margin on your fees when you're working as a consultant. The standard rate is between 10% and 33%.
This means that if you charge $100 for your services, you can expect to make between $10 and $33 in profit. No matter which consulting firm you work for, you can expect to make a good salary. The salaries for Bain consultants, BCG consultants and McKinsey associates are usually the same regardless of which office hires them. However, major consulting firms provide plenty of support to ensure that all consultants have what they need to be successful.
