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McK BA salary > BCG Associate salary? (Outside north america)

salary
New answer on Jun 30, 2022
7 Answers
655 Views
Anonymous A asked on Jun 28, 2022

Hi, I received offers from both firms to respective roles (in the middle east) and McK BA base salary is 12% higher (yearly bonus pretty similar for both). Also no signing bonus for both. Is that common? Is it like that in Europe and NA as well?

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Cristian
Expert
Content Creator
replied on Jun 30, 2022
#1 rated MBB & McKinsey Coach

Hi there, 

No, it differs from region to region.

In Central Europe, and not only, it's rather common for BCG to be paying more overall, but then the bonus to be slightly higher for McK. Over the long run however, these things even out, so I wouldn't worry too much about it. 

Best,

Cristian

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Ian
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replied on Jun 30, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

Generally that's about right but it really does depend on office, timing etc.

Ultimately, you've been sent the offers you've been sent…so work with that! Make sure to negotiate across both offers to see what you can push them towards! (i.e. try to get signing bonus, or additional retirement contributions, etc.)

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Moritz
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replied on Jun 30, 2022
ex-McKinsey EM & Interviewer | 7/8 offer rate for 4+ sessions | 90min sessions with FREE exercises & videos

Hi there,

For equivalent positions, McK tends to pay highest. 

However, there's many exceptions to the rule and I'm not really sure what anyone would gain from having all that info - it's not really actionable in any way.

Anyways, congratulations for the offers and best of luck!

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Clara
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replied on Jun 30, 2022
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

It depends on the geographies. In Spain for instance, the other way around for BAs. 

Cheers, 

Clara

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Florian
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replied on Jun 29, 2022
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

Hey there,

Congrats on your offers!

Sounds pretty common in terms of the signing bonus. For other regions, I believe BCG is on par or sometimes even pays slightly more than McKinsey.

What offer will you accept?

Cheers,

Florian

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Ken
Expert
replied on Jun 30, 2022
Ex-McKinsey final round interviewer | Executive Coach

It really depends.  I’ve heard of many more locations in Europe and NA where BCG pay more than McKinsey. 

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Ashwin
Expert
Content Creator
replied on Jun 30, 2022
Ex Consulting Director | Bain and company , Deloitte| INSEAD

Surprising data point. In my experience BCG pays more among MBB's across most geographies even in Middle East. 

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