Boston Consulting Group
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=An overall view of Boston Consulting Group?>
I was hired as an Associate in 2007. I was given an offer of $60,000, with a signing bonus of $5,000. I received 15 days of paid time off and a year end bonus of $20,000.
I am a director in BCG. I make $375,000 and make $750,000 in bonus.
The office is made up of very diverse people. You will see a lot of minorities and a lot of women walking around the office. There is a good work/life balance here a BCG. We work an average of 50 hours a week which give of plenty of time for our personal lives.
This is a great place to work right after college. You are surrounded by very motivated and intelligent young professionals who were definitely the top of their class as an undergrad. The work here is very challenging, never boring, and you're constantly working on different teams. The experience you get from working on these projects and working with your project leader is unrivalved.
Promotion in the company is completely merit based. We have an up or out culture, so advancement depends on going above and beyond on a project, not just on doing whats expected. If you ever mess up on a project, you are given the opportunity to rectify your mistake. The people who don't stress out about a promotion are the ones who end up moving up the fastest within the company.
We hire the top from the best business schools around the globe. Even though every consultant is top-notch, each one of us is humble, friendly, and welcoming. It is very tough to get into the firm, but once you're in you know you're among people that you can truly look up to and respect.
This is an up or out company. There are amazing opportunities for advancement, but you must be aggressive. We are pushed hard to personally and professionally develop ourselves and make ourselves qualified to be promoted. You will never feel stuck in this company.
There are no politics here at BCG. You get promoted based on merit. If you do well on your projects, then you will get promoted accordingly. Feedback after every project is very encouraging and gives you detailed action items that you can do on your next project. If you deserve it, you will grow fast within the company.
You will need to work very hard at this company. You will advance if you work hard, and if you only do the bare minimum, then you will be out of the company fast. They give very honest feedback at this firm, which is great because you really do improve professionally and personally. Work at this company only if you are prepared to make work your number one priority.
I am currently a Manager at BCG and make $200,000. I make a good amount on bonuses at the end of the year which keeps me very happy.
From the people I have seen at the top consulting firms, my feel is that Mckinsey is a bit more snotty, Bain is excessively energetic and happy, while BCG is very mild and professional. THis is not obviously for everyone, but they tend to hire people who are serious, have a gentle sense of humor, and seem very reliable.
The BCG Associate Salary is very healthy. Most of the BCG Associates get compensated much higher than other firms. The salary is usually above competitive and usually associates stay in the firm. Overall, I would strongly recommend working at BCG as an Associate not just because of the salary but how great of an environment it has!
Promotion and advancement within the company is based on performance. Everyone in the company has the freedom to start additional internal projects, publish works from their own intellectual property, and take on responsibilities that add on to their practice. Everyone is pushed and encouraged to do more than just "work" at BCG.
Very open culture that welcomes new ideas and new ways of doing things. The company is very analytical, and we take the time to analyze every situation before we make a recommendation to our clients. The dress is business casual around the office. The best thing is that every consultant in the company gets a partner or manager that is his or her active mentor.
The culture in Los Angeles is very relaxed, but at the same time, know that you will work lots of hours per week. We average about 60-65 hours every week. I absolutely love the people that I work with. This is truly an amazing company to work at because you will learn something new each day on the job.
The project managers get to choose who we want working for the team. We always choose the top performers to join our team. If you are not a top performer, then you may get stuck on projects that are not that thrilling or you may get stuck with a project leader who doesn't work well with you. Do well in the company and you will receive the best projects to work on.
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From hosting industry-specific case competitions to streamlining the application process, these companies show they know their employees are their most valuable assets.
10:44am on 09/26/2011
derek
np
10:43am on 09/26/2011
derek
wtf?
4:25pm on 03/02/2009
bcg sf
bcg is in financial trouble. it has restructured its west coast operations, and laid off more employees than other strategy consulting firms. its business has been impacted more than its competitors.
