Average Consulting Salary Post Mba The COVID 19 pandemic brought on a big freeze in salaries in the consulting industry as participants cut costs bringing to an end the generous pay rises of precedng years The 2021 salary report from industry coaching firm Management Consulted shows that salaries at the top three firms McKinsey Bain and Boston Consulting Group BCG
What are pre and post MBA positions and salaries But if you are looking for a strategy consulting role that has better than average hours than other firms internal consulting fits this well from internal consulting teams for the firms themselves such as Bain s internal consulting team to corporate consulting teams such as CapitalOne EY offers some of the strongest consultant salaries among the Big Four MBA consultants in EY s strategy division can expect a base consulting salary of 175 000 and a total compensation of 268 000 For EY Consulting that figure falls to 242 000 The average consultant salary for master s level graduates at EY is 85 000
Average Consulting Salary Post Mba
Average Consulting Salary Post Mba
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McKinsey Company consulting salary 2023 Read more McKinsey Salaries Benefits McKinsey s salary for junior level consultants likely ranges from 100 000 to 140 000 per year while the figure for MBA level experienced Associates can be over 200 000 Engagement managers typically earn around 300 000 400 000 while Partners and Directors can earn up to 1 000 000 New Entrant OC C checks in at the end of our list of best consulting firms for MBA salaries but just above McKinsey so not too shabby The firm delivers a cool middle of the road 180 000 base salary with a high max performance bonus 60 000 and signing bonus 25 000 Add it all together and your potential first year total compensation
MBA and PhD Program Hires Salaries for MBA and PhD new hires range from 90 000 to 190 000 at most firms Signing bonuses of 25 000 to 45 000 are now standard at top tier consultancies Total compensation can exceed 250 000 for MBAs joining the highest paying firms such as A T Kearney Strategy and McKinsey MBA consultant salaries at firms like Accenture Strategy LEK Consulting and Oliver Wyman rival the Big Three with base salaries ranging from US 155 to US 165 000 Kearney offers MBA grads US 168 000 in base salary Consulting salaries for master s graduates at these firms are also high with base salaries ranging from US 80 to US 87 000
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Therefore the top consulting firms provide MBA consultants a 190K base salary and about 160K at Big 4 firms and similar for boutiques Overall if you are thinking about getting your MBA and you want to know what will be my MBA salary for a consulting we ve laid it out here Deloitte MBA Ph D Consultant Salary 150 000 up to 20 up to 180 000 up to 20 000 25 match of first 6 into 401k 25 days up to 5 000 PwC MBA Ph D Consultant Salary 150 000 up to 20 up to 180 000 up to 30 000 25 match of 6 in 401k Wealth Builder contribution 22 days up to 30 000 Strategy MBA Ph D
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Average Consulting Salary Post Mba - New Entrant OC C checks in at the end of our list of best consulting firms for MBA salaries but just above McKinsey so not too shabby The firm delivers a cool middle of the road 180 000 base salary with a high max performance bonus 60 000 and signing bonus 25 000 Add it all together and your potential first year total compensation