Based on the most helpful WSO content, here's a breakdown that might give you some insight into the Big 4 consulting divisions in London, focusing on Strategy&, EY-Parthenon (EY-P), and Monitor Deloitte:

  1. Analyst Salaries:

    • While the exact figures can vary, analysts in these consulting divisions in London can expect competitive salaries. The context doesn't provide specific numbers for these firms, but it's generally known that consulting roles at these levels in London offer solid compensation. The industry standard for starting salaries in consulting can range significantly but expect a competitive package that reflects the high cost of living in London.
  2. Nature of Work:

    • Strategy&: Known for its strategic consulting services, analysts here work on a variety of projects that can range from market entry strategies to operational improvements. The work is highly analytical and strategic, often involving complex problem-solving.
    • EY-Parthenon (EY-P): EY-P focuses on strategy consulting, offering services across corporate strategy, transaction strategy, and turnaround strategy. Analysts can expect to work on projects that require deep analytical skills and strategic thinking, often within specific industries or sectors.
    • Monitor Deloitte: As Deloitte's strategy consulting arm, Monitor focuses on helping clients solve their toughest problems, from strategy development to innovation and growth. Analysts here will work on strategic projects across various industries, leveraging research, analytics, and industry insights.
  3. Exit Opportunities:

    • The exit opportunities for analysts from these divisions are quite robust, given the strategic nature of the work and the skills developed. Analysts often move into industry roles in corporate strategy, business development, or operational roles within large corporations. Some may transition into investment banking, private equity, or venture capital, although these moves might require additional networking and positioning. Others pursue further education, such as an MBA, to transition into different roles or industries.
    • Based on the context, it's noted that exit opportunities can vary significantly depending on the specific division within the Big 4 you're part of. For example, those in strategy consulting divisions like Strategy&, EY-P, and Monitor Deloitte generally have broader exit opportunities, including roles in FAANG, corporate strategy, product management, or even business school.

Remember, these insights are based on the general trends and information available in the WSO dataset. Specific experiences can vary based on a multitude of factors including individual performance, networking efforts, and market conditions at the time of exit.

Sources: Why Consulting - Answering the Interview Question, Big4 Sentiment for Management Consulting, London Consulting Exit Opps, Management Consulting Salary & Compensation, Average Bonus in Consulting, EY vs. PwC vs. Accenture?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
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Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (153) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (590) $119
  • 1st Year Associate (539) $119
  • NA (15) $119
  • 3rd+ Year Analyst (148) $116
  • Engineer (6) $114
  • 2nd Year Analyst (347) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1051) $87
  • Intern/Summer Associate (190) $83
  • Intern/Summer Analyst (552) $67
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