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Nov 1909:00 AM PST
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What’s in it for you- Live Profile Evaluation Chat Session with Jenifer Turtschnow, CEO ARINGO. Come with your details prepared and ARINGO will share insights! Pre-MBA Role/Industry, YOE, Exam Score, C/GPA, ECs Post-MBA Role/ Industry & School List.
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Round 2 is here — and it’s your chance to make your MBA dream happen! Join GMAT Club’s LIVE discussion with two top experts from The Red Pen, Gunjan Jhunjhunwala and Natasha Mankikar, as we break down everything you need to know- Nov 12
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Join us in a live GMAT practice session and solve 30 challenging GMAT questions with other test takers in timed conditions, covering GMAT Quant, Data Sufficiency, Data Insights, Reading Comprehension, and Critical Reasoning questions. 
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If you’re applying to Columbia, NYU Stern, or Yale SOM, you need more than strong stats. Each school defines “leadership” differently, and your essays must reflect that. Join Sia Admissions founder, Susan Berishaj on November 20th
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Just thought I'd toss this here for anyone thinking of consulting as a career:
Latest information from Management Consulted - UPDATED 2015
= = = = = 1st Year Out of MBA/Grad Program = = = = =
Accenture MBA Salary
Signing Bonus: $35,000 (Canada: $15,000)
Base: $135,000 (Canada: $140,000)
Relocation: $8,000
Performance Bonus: up to $43,500 ($30K of which is MBA bonus and is only available in for your 1st year)
- – – – –
Total Compensation: up to $221,500
Retirement: 6% Employee Match
Tuition Reimbursement: up to $80,000 ($50,000 after taxes)
Vacation: 5 Weeks
A.T. Kearney MBA Salary
Signing Bonus: $20,000
Base: $140,000 (Germany: €80,000)
Relocation: $5,000 (Germany: €3-€5,000)
Performance Bonus: up to $33,500 (Germany: up to €16,000)
- – – – –
Total Compensation: up to $198,500 (Germany: up to €101,000)
Retirement: 401k contribution up to $8,000
Bain & Company MBA Salary
Signing Bonus: $25,000
Base: $135,000
Performance Bonus: up to $35,000
- – – – –
Total Compensation: up to $195,000
Retirement: 401k contribution up to $8,000
Boston Consulting Group (BCG) MBA Salary
Signing Bonus: $25,000
Base: $147,000
Relocation: $2-5,000 depending on distance
Performance Bonus: up to $42,000
- – – – –
Total Compensation: up to $219,000
Retirement: up to $9,000/5% of bonus + salary is put into retirement fund, no contributions required
Down the Road: Project leaders at BCG (~2-3 years out of B-school) were paid $165,000 base.
Deloitte MBA Salary
Signing Bonus: $35,000 ($25,000 if returning after internship) (Canada MBA: $5,000)
Base: $140,000 (Canada MBA: $95-100,000)
Relocation: up to $2,000
Performance Bonus: up to $35,000 (25% of base)
- – – – –
Total Compensation: up to $212,000
Retirement: .25 match of first 6% contributed for a total of 1.5%
Tuition Reimbursement: up to $50,000 + 2nd year tuition for returning interns
Ernst & Young MBA Salary
Signing Bonus: $25,000
Base: $140,000
Relocation: $5,000
Performance Bonus: up to $30,000
- – – – –
Total Compensation: up to $200,000
IMS Consulting Group MBA Salary
Signing Bonus: $25,000
Base: $125,000
Performance Bonus: up to $15,000
- – – – –
Total Compensation: up to $165,000
Infosys MBA Salary
Signing Bonus: $20,000
Base: $117,000
Relocation: $3,000 non-discretionary relocation (reimbursement for movers/storage)
Performance Bonus: up to $25,000
- – – – –
Total Compensation: up to $165,000
Retirement: DNK
Kalypso MBA Salary
Signing Bonus: $15,000
Base: $115,000
Performance Bonus: up to $15,000
- – – – –
Total Compensation: up to $145,000
KPMG MBA Salary
Signing Bonus: $15,000
Base: $130,000
Relocation: $2,000
Performance Bonus: up to $22,750
- – – – –
Total Compensation: up to $169,750
L.E.K. MBA Salary
Signing Bonus: $25,000
Base: $140,000
Relocation: $5,000
Performance Bonus: up to $25,000
- – – – –
Total Compensation: up to $195,000
Retirement & Profit Sharing: up to $30,000
McKinsey & Company MBA Salary
Signing Bonus: $25,000
Base: $140,000
Relocation: $2-9,000 depending on distance
Performance Bonus: up to $35,000
- – – – –
Total Compensation: up to $209,000
Retirement: up to $20,400/12% of bonus + salary is put into retirement fund, no contributions required
Overall BCG and McKinsey post-grad/MBA salaries are almost identical — although McKinsey has a lower base, they also have a higher retirement contribution.
Mercer MBA Salary
Signing Bonus: $20,000
Base: $87,000
Performance Bonus: up to $17,000 (20% of base)
- – – – –
Total Compensation: up to $124,000
Retirement: DNK
The Parthenon Group MBA Salary
Signing Bous: $35,000
Base: $170,000
Relocation: $2,000
Performance Bonus: up to $9,000
- – – – –
Total Compensation: up to $216,000
PwC MBA Salary
Signing Bonus: $25,000 (+$10,000 if you interned)
Base: $140,000
Relocation: $2,000
Performance Bonus: up to $27,000
- – – – –
Total Compensation: up to $194,000
Retirement: DNK
Strategy& MBA Salary
Signing Bous: $25,000
Base: $135,000
Relocation: $3,000
Performance Bonus: up to $33,750
- – – – –
Total Compensation: up to $196,500
Retirement: 10% of salary
=====================================================
MBA Internships
AT Kearney MBA: $11,000/month
Bain MBA: $26,000 (10 weeks)
BCG MBA: $27,000
Deloitte MBA: $28,450 + 2nd year MBA tuition reimbursement (up to $50,000)
IMS MBA: $11,000/month + $5,000 signing bonus
L.E.K. MBA: $2600/week + up to $4,000 performance bonus
McKinsey MBA: $28-29,500 (10 weeks)
Parthenon Group MBA: $27,000 + $5,000 signing bonus (for 10 weeks)
PwC MBA: $60/hour
Strategy& (formally Booz & Co.) MBA: $11,250/month
ZS MBA: $11,000/month + $5,000 signing bonus
=====================================================
Also, here's a link to a survey that looked at the industry more generally, and what people make after they leave consulting:
https://charlesaris.com/wp-content/uplo ... y-2014.pdf
Latest information from Management Consulted - UPDATED 2015
= = = = = 1st Year Out of MBA/Grad Program = = = = =
Accenture MBA Salary
Signing Bonus: $35,000 (Canada: $15,000)
Base: $135,000 (Canada: $140,000)
Relocation: $8,000
Performance Bonus: up to $43,500 ($30K of which is MBA bonus and is only available in for your 1st year)
- – – – –
Total Compensation: up to $221,500
Retirement: 6% Employee Match
Tuition Reimbursement: up to $80,000 ($50,000 after taxes)
Vacation: 5 Weeks
A.T. Kearney MBA Salary
Signing Bonus: $20,000
Base: $140,000 (Germany: €80,000)
Relocation: $5,000 (Germany: €3-€5,000)
Performance Bonus: up to $33,500 (Germany: up to €16,000)
- – – – –
Total Compensation: up to $198,500 (Germany: up to €101,000)
Retirement: 401k contribution up to $8,000
Bain & Company MBA Salary
Signing Bonus: $25,000
Base: $135,000
Performance Bonus: up to $35,000
- – – – –
Total Compensation: up to $195,000
Retirement: 401k contribution up to $8,000
Boston Consulting Group (BCG) MBA Salary
Signing Bonus: $25,000
Base: $147,000
Relocation: $2-5,000 depending on distance
Performance Bonus: up to $42,000
- – – – –
Total Compensation: up to $219,000
Retirement: up to $9,000/5% of bonus + salary is put into retirement fund, no contributions required
Down the Road: Project leaders at BCG (~2-3 years out of B-school) were paid $165,000 base.
Deloitte MBA Salary
Signing Bonus: $35,000 ($25,000 if returning after internship) (Canada MBA: $5,000)
Base: $140,000 (Canada MBA: $95-100,000)
Relocation: up to $2,000
Performance Bonus: up to $35,000 (25% of base)
- – – – –
Total Compensation: up to $212,000
Retirement: .25 match of first 6% contributed for a total of 1.5%
Tuition Reimbursement: up to $50,000 + 2nd year tuition for returning interns
Ernst & Young MBA Salary
Signing Bonus: $25,000
Base: $140,000
Relocation: $5,000
Performance Bonus: up to $30,000
- – – – –
Total Compensation: up to $200,000
IMS Consulting Group MBA Salary
Signing Bonus: $25,000
Base: $125,000
Performance Bonus: up to $15,000
- – – – –
Total Compensation: up to $165,000
Infosys MBA Salary
Signing Bonus: $20,000
Base: $117,000
Relocation: $3,000 non-discretionary relocation (reimbursement for movers/storage)
Performance Bonus: up to $25,000
- – – – –
Total Compensation: up to $165,000
Retirement: DNK
Kalypso MBA Salary
Signing Bonus: $15,000
Base: $115,000
Performance Bonus: up to $15,000
- – – – –
Total Compensation: up to $145,000
KPMG MBA Salary
Signing Bonus: $15,000
Base: $130,000
Relocation: $2,000
Performance Bonus: up to $22,750
- – – – –
Total Compensation: up to $169,750
L.E.K. MBA Salary
Signing Bonus: $25,000
Base: $140,000
Relocation: $5,000
Performance Bonus: up to $25,000
- – – – –
Total Compensation: up to $195,000
Retirement & Profit Sharing: up to $30,000
McKinsey & Company MBA Salary
Signing Bonus: $25,000
Base: $140,000
Relocation: $2-9,000 depending on distance
Performance Bonus: up to $35,000
- – – – –
Total Compensation: up to $209,000
Retirement: up to $20,400/12% of bonus + salary is put into retirement fund, no contributions required
Overall BCG and McKinsey post-grad/MBA salaries are almost identical — although McKinsey has a lower base, they also have a higher retirement contribution.
Mercer MBA Salary
Signing Bonus: $20,000
Base: $87,000
Performance Bonus: up to $17,000 (20% of base)
- – – – –
Total Compensation: up to $124,000
Retirement: DNK
The Parthenon Group MBA Salary
Signing Bous: $35,000
Base: $170,000
Relocation: $2,000
Performance Bonus: up to $9,000
- – – – –
Total Compensation: up to $216,000
PwC MBA Salary
Signing Bonus: $25,000 (+$10,000 if you interned)
Base: $140,000
Relocation: $2,000
Performance Bonus: up to $27,000
- – – – –
Total Compensation: up to $194,000
Retirement: DNK
Strategy& MBA Salary
Signing Bous: $25,000
Base: $135,000
Relocation: $3,000
Performance Bonus: up to $33,750
- – – – –
Total Compensation: up to $196,500
Retirement: 10% of salary
=====================================================
MBA Internships
AT Kearney MBA: $11,000/month
Bain MBA: $26,000 (10 weeks)
BCG MBA: $27,000
Deloitte MBA: $28,450 + 2nd year MBA tuition reimbursement (up to $50,000)
IMS MBA: $11,000/month + $5,000 signing bonus
L.E.K. MBA: $2600/week + up to $4,000 performance bonus
McKinsey MBA: $28-29,500 (10 weeks)
Parthenon Group MBA: $27,000 + $5,000 signing bonus (for 10 weeks)
PwC MBA: $60/hour
Strategy& (formally Booz & Co.) MBA: $11,250/month
ZS MBA: $11,000/month + $5,000 signing bonus
=====================================================
Also, here's a link to a survey that looked at the industry more generally, and what people make after they leave consulting:
https://charlesaris.com/wp-content/uplo ... y-2014.pdf
engineer1234
21 Dec 2014, 20:15
Kudos
Bookmarks
This is fantastic, thanks!
goinggolfing
22 Dec 2014, 12:15
Kudos
Bookmarks
BCG is up to 147k base and M & B are expected to follow next year if not now.
