Consulting in the Nordic Countries

Accenture Big 4 MBB nordic Oliver Wyman Simon-Kucher
New answer on Apr 30, 2021
5 Answers
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Anonymous A asked on Mar 16, 2021

Hi,

I am targeting consulting firms with Nordic offices as I want to be at an English-speaking office and have my Master's exchange from a top-tier school in Nordics.

Was wondering about the market and how does the ranking+salaries of the different firms look like?

Any helpful resources will be much appreciated.

PS- In process with EYP, Monitor Deloitte, In-house consulting firms, Reject from one of MBB- probably would not apply in more.

(edited)

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Ian
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updated an answer on Mar 16, 2021
MBB | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep

Hi there,

The short answer is that the pay is quite average and you have high taxes/cost of living.

Here is some further information to help!

Good Forum/Discussion: https://www.wallstreetoasis.com/forums/where-are-europes-highest-consulting-salaries

Actual Data: https://www.salaryexpert.com/salary/browse/countries/management-consulting

Relevant PrepLounge Q&As:

https://www.preplounge.com/en/consulting-forum/bcg-amsterdam-language-requirement-8821

https://www.preplounge.com/en/consulting-forum/i-want-to-apply-for-western-europenordics-offices-after-mba-but-i-dont-have-any-connection-to-those-regions-7723

(edited)

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Denis
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replied on Mar 17, 2021
Ex-Bain 5 yrs | Goldman Sachs Investment Banker NYC | MBA Chicago Booth | Passed > 13 MBB > 20 IB interviews

I had the best work-life-balance during my private equity DD assignments in the Nordics. 6 months combined (all Bain offices up there) - same quality of work as we achieved at Bain in Germany but just at a lower stress level and in a more friendly and sustainable way (still worked 60-ish or more hours per week. Daily Fikas in Sweden are awesome. Not being ostracized by leaving early to do some workouts was also nice.

If you want that nice version of consulting, nice. However, the market overall is obviously quite smaller than France / UK / NL / Germany / CH and exit options might be more limited. Depends on what your long-term goals are. I loved it up there!

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Gaurav
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replied on Mar 17, 2021
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies

Hi there!

You may like to check out growth in the Nordics consulting market separately. The situation is different in Sweden, Finland and Norway because of economic situations and pandemic impact on these countries. Also, nordic clients are pretty demanding when it comes to scrutinising consultants they are going to work with. They may like to see evidence of result being delivered immediately and are looking for inventiveness and independence in candidates.

Cheers,

GB

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Marco-Alexander
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replied on Apr 30, 2021
Former BCG | Case author for efellows book | Experience in 6 consultancies (Stern Stewart, Capgemini, KPMG, VW Con., Hor

Feel free to contact me, then we can have a call on this topic :)

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Clara
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Content Creator
replied on Mar 19, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Can you clarify the office? The situation, specially regarding pay -and cost of life, which is what makes the huge difference here- changes a lot from office to office

Hope it helps!

Cheers,

Clara

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Anonymous A on Mar 22, 2021

Specifically looking into Sweden and Denmark

Ian gave the best answer

Ian

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MBB | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep
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