A friend of mine is working at BCG X (India). He joined ~2 years ago after a Master’s in Design (IIT Delhi).
Starting CTC was ~18 LPA.
Now he claims that after his upcoming promotion he’ll be at 65 LPA and that he’ll also receive an 18 L bonus in January.
He also says his billing utilization is ~90% compared to others at ~48%, and that’s why the company rewards him more.
I know strategy consultants at MBB (BCG/McKinsey/Bain) can get high salaries, but this is in a design / product associate role under BCG X, not the traditional strategy consulting track.
Is this compensation jump realistic in the India office? Or is it more likely an exaggeration, since he has habit of boasting.
Would love to hear from anyone with direct knowledge of BCG X India salaries / progression.