I’ve read here and in some books that Bain tends to travel less than BCG and McKinsey and while that has been changing the past few years, a strong number of Bain travels for 1-3 days per week rather than 4-5 days per week.
Do Bain consultants travel a lot?
One of the things I love about Bain is the balanced travel model. Our regional staffing model means that most of the clients I serve are in the Northeast. While there are absolutely times that I need to travel each week, it varies based on the client and project needs .
How much do you travel at Bain?
So whereas a lot of the standard consulting is 80 to 100% travel, Bain is more in the 40 to 60% range for travel over the lifetime of your career.
Do consultants pay for their own travel?
Consultants generally pay for routine travel to their clients’ offices if they’re local . Of course, as with any expense that you cover, you should build this travel into your fee. Even employees have to weigh the cost of daily transportation when they decide to accept a certain salary.
Does a consultant travel a lot?
If you go into consulting, you should expect to travel at most firms, but the level of travel will vary by firm and by project . The amount of travel tends to be drive by the firm’s staffing model.
Do consultants travel a lot India?
It’s all about Travel
Most consultants, depending on the firm they work for and its portfolio, are always switching between countries/cities to cater to the needs of the company and their clients , thereby making their job tiring and not so much fun as is believed by other people.
Do consultants make a lot of money?
Let’s start with salaries. 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 . For a select number of firms, the salary can approach $100,000.
Do consultants travel a lot Quora?
Do BCG consultants travel a lot? – Quora. As a general rule, a consultant in most fields should expect to travel between 50 and 150 days per year .
How much do Protiviti consultants travel?
Stuck on a plane more than you would like? Most other infosec consulting firms have “national” practices, meaning consultants are expected to travel almost 100% of the time . Protiviti has local offices in most major US cities, and an emphasis on serving local clients, resulting in less time wasted traveling.
Is working at Bain worth it?
In addition to being one of the top management consulting firms, Bain has also been ranked overall as one of the best places to work across industries every year on Glassdoor since the ranking was launched in 2008 (including four times in the #1 spot), and has been recognized for being a top workplace for LGBQT ...
How hard is it to work at Bain?
Probably the toughest part of the application process is passing the initial screening process . As an example, a large Bain office would receive around 3000 applications and narrow it down to about 100 for the first interview. So you would have to be at the top 3% to even get the interview.
Is working at Bain good?
The management consulting firm Bain & Co. was recently voted the second-best workplace in the US , according to Glassdoor rankings. In the 10 years since Glassdoor began issuing the rankings, Bain has placed first three times and has never fallen outside the top 10.
How much should I charge a client for travel time?
The other method for charging the client is using a mileage allowance. According to the IRS site, the allowance for business travel is $0.51/mile . If the job is 100 miles away, they will charge $51 of travel. Given 100 miles could be a 2-hour drive, it’s obviously more beneficial to charge hourly.
How do you charge for consulting travel time?
Most consultants who travel more than I do bill for travel time. Some bill at their full hourly rate and some bill at half their hourly rate . There is usually a cap of 8-10 hours a day even if your travel takes longer.
What should I charge as a consultant?
Keep in mind, if the average consulting fees are around $100 per hour, your experience and track record will need to be taken into account. If you are a brand new consultant, you may be charging closer to $50 or $75 per hour . With 20 years of experience under your belt, you may be charging $150 or even $200 per hour.
What is the top consulting firm?
- McKinsey & Company.
- Boston Consulting Group.
- Bain & Company.
- Deloitte Consulting LLP.
- PwC Advisory/Strategy&
- EY (Ernst & Young) LLP Consulting Practice.
- Accenture.
- Booz Allen Hamilton.
Do entry level consultants travel?
As an entry-level travel consultant, your job is to learn how to plan and recommend trips and vacations to your clients . This may include helping them select a destination, discussing sightseeing opportunities, helping them book flights and hotels, and arranging for activities that fit the budget of each customer.
Do consultants travel around the world?
Yes, consultants travel all the time , and no, it’s not glamorous.
Do McKinsey India consultants travel internationally?
Typically, the bulk of the week is spent travelling, to destinations in India like Delhi, Chennai and Bangalore and sometimes, to international destinations in South-East Asia like Bangkok , for internal Bain meetings.
Is consulting a good career in India?
Yes. If you’re interested in working in large companies, MNCs or working directly with C-suite or top management, management consultancy can be a good career choice . Along with high pay scale, this career is also something in which you’ll never run out of new challenges.
How much do consultants make in India?
How much does a Consultant make? The national average salary for a Consultant is ₹11,00,000 in India. Filter by location to see Consultant salaries in your area. Salary estimates are based on 26,547 salaries submitted anonymously to Glassdoor by Consultant employees.
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.
Are consultants rich?
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.
What type of consultants make the most money?
- 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.
Do Deloitte consultants travel a lot?
Because consultants have to fly home for the weekend , Deloitte and many other firms will also allow employees to take the amount of money their ticket home costs and put it toward a trip anywhere else.
Do McKinsey partners travel a lot?
With the majority of the firm traveling four, five or more days per week and reporting that they average upwards of 70-hours ever week, when you’re on with McKinsey, you’re really on. But the firm’s Take Time initiative allows consultants to step away from their desks for sabbaticals between projects.
Do BCG consultants travel a lot?
Pay is too low. Lots of travel .
