Factors That Influence Business Analyst Salaries at McKinsey & BCG
The business analyst salary at top consulting firms is influenced by several key factors. Your experience level plays a major role, with entry-level business analysts earning a competitive salary, while those with a few years of experience may see significant increases. Geographic location also impacts salary, as firms adjust compensation based on the cost of living in various cities. Additionally, performance bonuses, academic background, and specialized skills can boost earnings. Consultants with expertise in high-demand areas or who have completed advanced degrees often command higher salaries.
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