Starting Salary Consulting Associate Starting consultant compensation is 20 higher than four years ago However that is little comfort to those entering the industry in 2024 At both the pre MBA and post MBA entry levels 2024 consulting salaries stayed flat compared to 2023 There are exceptions to the rule as you ll see in the report but this is the first time
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 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
Starting Salary Consulting Associate
Starting Salary Consulting Associate
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The average salary for a Consulting Associate is 76 673 in 2024 Visit PayScale to research consulting associate salaries by city experience skill employer and more McKinsey Associate salary 2023 MBA Experienced Senior level McKinsey Associates in the US may earn up to 200 000 per year in salary with a 153 000 base and a 34 000 performance bonus Meanwhile McKinsey Associate salary in other developed countries fluctuates between 120 000 to 180 000 McKinsey Associate salary in India is roughly
The estimated total pay for a Associate Consultant is 111 217 per year in the United States area with an average salary of 85 112 per year These numbers represent the median which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users Charles River Associates International 95 000 up to 20 000 up to 115 000 10 000 25 days up to 2 000 Cognizant up to 73 000 up to 73 000 5 000 15 days It s worth noting that starting salaries in consulting tend to be higher than average salaries in other industries This makes consulting an appealing career path for
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A free inside look at Boston Consulting Group salary trends based on 12419 salaries wages for 1080 jobs at Boston Consulting Group Salaries posted anonymously by Boston Consulting Group employees Associate Consultant 176 Salaries submitted 119K 159K 112K 25K 0 open jobs 119K 159K 112K 25K Administrative Assistant 155 Bain Associate Consultant salary Undergraduate Junior level Bain Associate Consultant in the US may earn up to 166 000 annually Meanwhile Bain Associate Consultant salary in other developed countries fluctuates around 80 000 120 000 Bain Associate Consultant salary in developing countries like China and India is roughly 30 000 60 000
Associate Partner 7 8 years 240 255K 155K 65 395 405K Source CaseCoach Associate Partner includes BCG s Principal and Partner levels In addition to base salaries the table above shows the bonus awarded to an average performer at each level How much does a Consulting Associate make in the United States The average Consulting Associate salary in the United States is 130 873 as of July 29 2024 but the salary range typically falls between 116 508 and 145 067 Salary ranges can vary widely depending on many important factors including education certifications additional skills the number of years you have spent in your
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Starting Salary Consulting Associate - The estimated total pay for a Associate Consultant is 111 217 per year in the United States area with an average salary of 85 112 per year These numbers represent the median which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users