Mbb Salary Progression Reddit MBB progression timelines salaries Hi community Not sure if this has been asked before but wanted some details on the typical post MBA career progression for MBB consultants what is the entry level designation salary when is the next expected promotion and is this set in stone if you perform reasonably
Happy to answer any and all questions Takeaways Moving companies is the faster way to see your pay increase Dollar goes much further outside NYC Your pay is not necessarily reflective of your value Sort by mattgm1995 15 min ago Current consultant at a T2 trying to pivot out to something with a better money WLB ratio Non MBA masters degree from European University Consultant Level 2 5 years at firm 5 years total experience all in consulting 2021 base 101k 2021 all in 109k 2022 base TBD expecting promotion to SC and base of 110 115k 2022 all in TBD expecting 119 124k
Mbb Salary Progression Reddit
Mbb Salary Progression Reddit
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People push for MBB because of superior perks and slightly better exit opportunities If you re asking 5 10 years out but non partner you re asking about SM AP comp 400 600K 10 Unique Plum 10 mo ago I think the gap grows at Principal Partner level bonuses between T2 and MBB Also rainmakers at MBB pretty sure make more than T2 firms 9 Now let s get into some of the consulting salary trends we identified this year 2022 saw firms grapple with the tightest global labor market in decades as demand for management consulting services remained strong This led to record revenue for many consulting firms and a continued wave of M A activity leading to double digit industry growth
MBB progression is at a highly highly structured 2 year clip So promo or out every 2 years no A3 no extended number of years at any level Though I think Bain has an extra year buried somewhere and McK has some highly aggressive accelerated cycles So e g an EM 1 at MCK is equivalent to an A3 in your figures 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 known collectively as MBB remained flat compared with 2020
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MBB T2 Big 4 Canadian Salary Thread 2022 Shamelessly stolen from u eli5peej figured us Canadians need a refresher on current market value for consultants and the comp that comes with each firm and each city Added T2 firms because we need some love too MBB Big 4 Canadian Salary Thread 2021 As there s a lot of disparity among salaries within North American Market let s share Canadian salaries here USD vs CAD is like comparing apple to oranges That said you know the drill Format Firm Type e g MBB or Big 4 or if Other please mention name Market Office e g Toronto BCG Toronto HCOL
MBB as the trio is generally known will increase starting base salaries for MBA graduates in the U S to between 190 000 and 192 000 roughly a 10 jump from 175 000 according to a new report from the Financial Times MBB Analyst salary range Recruiter reached out about salary range and wondering what a reasonable range would be for an analyst with 2 years of relevant experience in Chicago Please note that all intro to consulting recruiting and tips for new hires inquiries should be posted in the appropriate stickied threads at the top of this subreddit
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Mbb Salary Progression Reddit - Now let s get into some of the consulting salary trends we identified this year 2022 saw firms grapple with the tightest global labor market in decades as demand for management consulting services remained strong This led to record revenue for many consulting firms and a continued wave of M A activity leading to double digit industry growth