What is Boston Consulting Group known for?

The Boston Consulting Group (BCG), based in Boston, Massachusetts, is one the most influential business strategy consulting firms in the world. ... The company's areas of expertise include branding, corporate development, deconstruction, globalization, organization, pricing, strategy, and technology and communications.

Is Boston Consulting Group prestigious?

Prestige and brand name: McKinsey, BCG, and Bain all have the highest level of prestige in the management consulting industry. They each have a long history of being at the top and that is likely not going to change any time soon. There is no question that these three firms are the three top consulting firms.

How much does a consultant at BCG earn?

How much does a Management Consultant at Boston Consulting Group make? The typical Boston Consulting Group Management Consultant salary is ₹33,00,000 per year. Management Consultant salaries at Boston Consulting Group can range from ₹9,60,128 - ₹51,51,737 per year.

How hard is it to get into Boston Consulting Group?

With a success rate of just 1%, getting hired at the Big Three consulting firms does not come easy. First, you need to have an excellent academic record, excellent communication skills and exposure to a wide range of academic and co-curricular activities.

Which consultant makes most money?

Top 15 highest-paying consulting jobs

Marketing consultant. National average salary: $56,068 per year. ...
Associate consultant. National average salary: $58,889 per year. ...
HR consultant. ...
Technology consultant. ...
Investment consultant. ...
Sales consultant. ...
Environmental consultant. ...
Software consultant.

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Can consultants make millions?

Start a consulting business and you can easily earn a million a year! Well, maybe. I mean, you can earn a million a year consulting, for sure. You can probably find ways to earn a million a year doing most things.

Who are the big 4 in consulting?

The "Big Four" is the nickname used to refer to the four largest accounting firms in the United States, as measured by revenue. They are Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and Klynveld Peat Marwick Goerdeler (KPMG).

Is consulting prestigious?

Management Consulting is generally considered prestigious (Lets define "Prestigious" as what MBA schools like the most).

Is Business Consulting a good career?

If you're looking for a career path that brings in good money, a business consultant is a good choice. According to data from PayScale, the median salary for a business consultant is roughly $75k—but with experience, earning a six-figure salary is the norm.

Is BCG a good company to work for?

The Boston Consulting Group has been ranked within the top three on Fortune's “100 Best Companies to Work For” list for four straight years. ... BCG's LGBT-friendly practices and other diversity and inclusion programs have also been recognized as exceptional.

What are the Big 3 consulting firms?

Big Three (management consultancies)

The Big Three or MBB refers to the name colloquially given to the world's three largest strategy consulting firms by revenue. ...
The three consulting firms widely regarded as constituting the Big Three or MBB are McKinsey & Company, Boston Consulting Group and Bain & Company.

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Can you get into consulting without an MBA?

While it's not easy to break into consulting with a non-business master's degree, it's certainly possible. Consulting firms are not looking for particular majors and no longer focused solely on business school students. You just need to approach consulting firms the right way.

What consulting services are in demand?

Most in demand skills for independent consultants:

Project management.
Market landscape.
Growth strategy.
Strategic planning.
Supply chain.
Program management office (PMO)
Corporate and business unit strategy.
Product development and launch.

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How can I become a millionaire consulting?

Five Steps to Becoming a Millionaire Consultant

Charge what you're worth and bill directly, not as a subcontractor. ...
Maintain a sterling reputation to get repeat business. ...
Siphon off 40% of every client payment. ...
Live within your means. ...
Invest.

Is there money in consulting?

First-year consultants with a Bachelor's degree at most major firms (often referred to as "associate consultants") can typically expect to earn between $60,000 and $90,000. ... At the low end, then, first-year consultants are making about $60,000 and working 55 hours a week.

Why is Accenture not big 4?

But you're entirely right in that Accenture isn't considered a part of the Big Four accounting firms precisely because its skillset is advisory rather than accounting. ... Accenture used to be a part of the "Big 5" with Andersen, but they had to re-brand because of the Enron scandal. They no longer do accounting.

Is KPMG better than Deloitte?

Employee Ratings Deloitte scored higher in 8 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values, % Recommend to a friend and Positive Business Outlook. KPMG scored higher in 1 area: CEO Approval.

Can you get rich in consulting?

Across the entire consulting industry (including mega firms), the average consultant delivers $250,000 in revenue each year. That's the average. I know consultants who feel overwhelmed with $75,000 worth of work on their plates.

Is consulting stressful?

Yes, life as a consultant can be stressful. And stress can lead to many negative consequences, private as well as health wise. ... Consultants have weeks of 50/60 hours of work while normal workers enjoy 40 hours weeks.

Is consulting a dying industry?

Long live next-generation consultants. Fortunes are gained and lost faster than ever. Consulting profession is under pressure because it has not been able to respond to the unprecedented changes in technology and analytics. ...

What is Boston Consulting Group known for?

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