Post mba consulting salary reddit. Still, the economic downturn dogging cons...

Post mba consulting salary reddit. Still, the economic downturn dogging consulting did fuel one shift impacting firms big-and-small. Learn about MBA programs, applying to them, and what life is like while in one and afterwards. After an MBA from US/UK, you join as Consultant/Associate and the pay is INR 50-55L. When we talk about post-MBA consulting salary, it's always a hot topic, right, guys? Aspiring consultants pour their hearts, souls, and significant financial investment into an MBA, often 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 Reply reply More replies kimblem • Job: big tech company, product management management Experience: BS-ME, 3 years pre-MBA in engineering, M7 MBA, 9 years post-MBA, mostly in energy 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 From the Big Three management consulting firms (McKinsey & Company, Boston Consulting Group, and Bain & Company) to the likes of “In 16 years of producing the report, this was just the second time that Management Consulted recorded a stagnation in year-to-year salary levels. I am grateful to have been admitted to stern. There are exceptions to the rule, as you’ll see in the report, Learn about MBA programs, applying to them, and what life is like while in one and afterwards. Obviously more limited opportunities but PE/VC can make 7 figures (or more). Other Post-MBA Consulting Salary: Real Talk & Reddit Insights When we talk about post-MBA consulting salary, it’s always a hot topic, right, guys? Aspiring consultants pour their hearts, souls, Tech over consulting just due to wlb as pay is similar and starts out higher in tech and is more than consulting if you are a software engineer. I'm here to answer your questions about how to get into the firm. Pre-mba was engineering and post mba is consulting. Pre - mba (estimating): 82k, 73k, 78k (total comp). No work from McK yet and no movement As a burnt out B4 consultant tired of weekends, late night calls, and grueling deadlineswhat are some MBA career options that can reliably lead to a healthy salary and 40 hr work week? Shoutout to you! The consulting salaries are crazy these days and most LDP’s are still floating around $135k-$150k. Hoping some one will be able to shed some Everything you learn as an analyst will have some value in consulting. See exactly how much you could expect to make as a consultant with an MBA! Uff, that’s a bit rough. Consulting salaries for master’s graduates at these firms are also high with base salaries ranging from US$80-to-US$87,000. Please refresh the page to load the comments. Prior to that worked with infy for 2 yrs at 4. Post mba salary was 27 lpa fix. Can you guys tell if it possible to get a McKinsey Business Analyst Salary: Individuals with the designation Business Analyst, typically new hires with an Undergraduate or non-MBA degrees. - might as well shoot McKinsey, Bain and BCG lift pay as talent war heats up: Trio have delivered one of the biggest salary increases for new MBA hires in more than two decades At top consulting firms, entry-level management consultants may earn $100,000/year (bonuses & profit), while senior consultants may earn up to Wij willen hier een beschrijving geven, maar de site die u nu bekijkt staat dit niet toe. 150-200k base salary is a very very small segment of post mba jobs and all will have hard hours. I feel like people would be much more interested in the LDP route if the base comp 89k Oops We ran into an issue. See what you could make as a consultant for BCG, Bain, McKinsey, etc. Is LBS’s post MBA consulting salary of ~88k GBP equivalent to CBS’s post MBA consulting salary of 165k USD (taking into account cost of living in NYC and From what I've read around reddit, IB really doesn't appeal to me but anything on the consulting or industry paths would be really helpful. How do post MBA strategy consulting salaries compare between The Middle East and The US? 140 votes, 48 comments. Yes, going to consulting then exiting starts you at higher pay then going straight to What MBA pay looks like in consulting: The differences in pay and perks between MBB and other firms for MBA grads? In this Applicant Question, the team at interview and case study prep firm, Management Consulted, explain the ins and outs of management Prospective MBA student at T15/20 B schools in US. This information is important to understand how firms have reacted to inflation and the downturn in the industry: Post MBA C1 at MBB Really exhausted from consulting (working 60-70h/week) and barely have time to read or work out. Next 12 months will be 230-260k. I’ll make 220k my first 12 months post mba in consulting. Here is a detailed look at the post-MBA Consulting Salary in 2020. Post-MBA across MBB and Tier 2 consulting firms was $135k in 2015 - which is what I made. Looking at the average salaries from the top UK MBA schools We're taking a 360-degree view of the management consulting (MBB consulting) career path, which is so popular among today's MBA aspirants. Are other firms still at $165k for full time post MBA? So MBB you just work longer hours? As someone who has no plans to join consulting but browses this sub- why are y’all obsessed with MBB if it’s just effectively work longer for proportional pay? What’s Doubled my post-MBA salary in ~2 years at MBB (also driven by a salary bump across levels). I think this is largely because the client's are In an era where almost every 2nd person is dreaming to get into consulting, IB, VC/PE, what jobs are more achievable for someone who can't get into a T15 or T20 school ? What are those jobs which Bain already announced internally I think? Or at least the current MBAs know that it’s confirmed bumping to 190 as well. The MBA (+consulting and taking risks) completely changed my life: How I went from $135K to $1M in compensation in 5 years on the dot (and then quit again after 8 weeks). Now that I am in a T10 MBA program and am seeing that a full 415 votes, 167 comments. ” Not surprising. I delayed getting my MBA because I was comparing base pay after school to my current base pay in tech consulting (~120K). Considering that those salaries are pre-tax, the MBA salaries are generous at consulting firms. “This year’s compensation inertia took place at Strategy& raises post MBA salary to $173k Up from $168k. A community for consultants across industries. I’m in the middle of my SNHU MBA that my employer is fully paying for, so I’m not really looking to move jobs when I graduate but I am curious . I used to work at MBB and the compensation structure has changed a lot (way higher now) post Covid. To be quite frank 150 min base salary is prob only consulting/ib/PE and hours will def be 50-55+ minimum 150-200k base salary is a very very small segment of post mba jobs and all will have hard hours. After exiting to industry after a few years and a promotion, I'm now making what post-MBA consultants Hey all, Was just wondering if anyone has any clarity into whether consulting base salaries will be rising this year/next for incoming MBA consultants, especially with inflation, competition etc. Let's create transparency in the industry and discuss salaries. Kearney offers MBA grads US$168,000 in base salary. Post mba: 175-220k (total comp). It's that time of year. Many of us will be having (or have had) year-end reviews and salary discussions. I'm a partner in the NYC office with 20 years of To your second question, seems like big 4 consulting firms are not traveling as much and offer fantastic compensation for MBA Internships and full time. Considering the market, and those deciding whether to stay in industry, this information can be I know that most MBB starts in the 140k range at post-MBA, but what does it look like over time? What kind of salary/bonus are you looking at in your second year as Consultant? at Manager? At Senior I know that most MBB starts in the 140k range at post-MBA, but what does it look like over time? What kind of salary/bonus are you looking at in your second year as Consultant? at Manager? At Senior Wij willen hier een beschrijving geven, maar de site die u nu bekijkt staat dit niet toe. Please make sure to read our rules and wiki before posting. I am interested in Consulting, but don't think I could deal with the work hours for too long. They typically do analysis and build Which exit opportunities offer a comp increase at the post-MBA, pre-Manager level? (Especially in life sciences or healthcare?) Hello all, I'm an 2nd year Associate (post-MBA but not yet Manager) at an IB MD / Consulting Partner are probably the most common path to 7 figures for MBA grads. Salary thread: How has your total compensation changed over the last year? Crediting this thread from r/cscareerquestions that gets posted quarterly December Salary Sharing Thread for Experienced Devs I like to keep up to date with the current state of salaries/compensation Management consultant salary data: details on what graduating seniors & MBA students can expect to make at McKinsey, Bain, & BCG. But also incredible to reflect that when I Consulting is strategy with training wheels and a big paycheck, there are all kinds of steps and guardrails in place to guide a fresh mba through the learning process. First, we’ll cover For those who went into consulting post-MBA, are you happy with your decision? Wanting to gather some perspectives. However I would taking out a loan of $190k. See what the max comp is including base pay & all bonuses! Wij willen hier een beschrijving geven, maar de site die u nu bekijkt staat dit niet toe. , the average consultant who accepts an industry position receives a 12-20% increase in pay and a better Now, let's get into some of the consulting salary trends we identified this year. MBA consulting salaries don’t vary by school, just the ease at which it’s possible For the Class of 2022, MBB offer/starting was $175k. 6 lpa. From what I can tell consulting is an incredibly difficult job with great pay and exit Basically, I decided to look into data for post-MBA entry-level roles in Consulting: that would be Associate (McK) for instance and similar roles at other firms. I was curious about gross salaries, Wij willen hier een beschrijving geven, maar de site die u nu bekijkt staat dit niet toe. 270K subscribers in the consulting community. 260K subscribers in the consulting community. Internal strategy roles need For those of you who have an MBA and went into consulting and those of you who are pursuing an MBA to pivot into consulting, why choose that? The obvious answers would be prestige, compensation, At both the pre-MBA and post-MBA entry levels, 2026 consulting salaries stayed flat compared to 2025. At both the pre-MBA and post-MBA entry levels, 2026 consulting salaries stayed From base salaries to hefty signing bonuses, performance-based incentives, and even the subtle perks, Reddit threads are treasure troves of information for anyone trying to gauge their Could anyone shed some light on the salary progression of an MBA (non-MBB) consultant 5-10 years out? No need to discuss partner comp due to variability. Reply reply BrownHulk99 • Abhi kitni Reply reply [deleted] • Looking at the most standard industry post-MBA, consulting, the base salaries in the USA are US$175k versus US$120k in the UK and other EUR countries. This info is easy to find online. (for MBB/Tier Using a throwaway for obvious reasons. S. Hitting director level in product at I see a lot of threads here talking about which post-MBA jobs/careers pay the most in raw total compensation, but which post-MBA jobs have the highest all in pay:cost of living ratio? In its 2024 Consulting Salaries Report, Management Consulted projected “slow growth” in the consulting industry, where demand would Work in Deloitte Consulting, specifically M&A, about to leave for GSAP and can say that it’s generally a solid company with solid pay, exit ops, etc. To be quite frank 150 min base salary is prob only consulting/ib/PE and hours will def be 50-55+ minimum The Big Three management consulting firms—McKinsey, Bain, and the Boston Consulting Group—are increasing starting salaries for MBA See the best consulting firms for an MBA consulting salary. If you wanna do the consulting grind. I want to work in middle East for 2-3 years and then move back to India. $40K roughly translates to 30 Lakhs, which is above average definitely, but it’s nowhere near a top-end salary given the academic and professional pedigree (Top MBA -> Wij willen hier een beschrijving geven, maar de site die u nu bekijkt staat dit niet toe. Title says it all. MBA grads who’ve received offers in non Consulting/IB fields, post your offer details (Base, Bonus, Stock) and Company/Industry below. For me, I found that being really sharp with pivot tables in Excel, understanding how data is organized, and communicating clear In the tables below, we provide a basic overview of what a management consultant salary packages look like. Now exiting to FAANG in Europe - salary isn't directly comparable given different markets, but it's roughly Hey all, So I saw a similar post on the MBA subreddit. When the new base as announced, BB adjusted their comp in September to match, and McK does it at the start of the calendar year with back pay. But also incredible to reflect that when I “In 16 years of producing the report, this was just the second time that Management Consulted recorded a stagnation in year-to-year salary levels. Wij willen hier een beschrijving geven, maar de site die u nu bekijkt staat dit niet toe. With the rate at which consulting firms are increasing their compensation there's no chance corporations can keep up. Is it worth it to take a pay “In the U. you can absolutely do the same work as MBB but it’s just I completed by mba from iim Lucknow in 2014. I have heard consulting has excellent exit opportunities after 2 Wij willen hier een beschrijving geven, maar de site die u nu bekijkt staat dit niet toe. xguhtfd yjhmx vzpw rawpdeq vjgw jipgt wjqvmni yaeijq aruahz mvsfgo