MBB Salary year-to-year growth

I am a rising senior at a target school. I am very interested in consulting, but also would like to earn enough money to handle my high debt. Management Consulted puts out a salary overview every year and for example, BCG is:

Boston Consulting Group (BCG) Undergraduate Salary
Signing Bonus: $5,000 (Canada: $8,000) (Aus: $15,000)
Base: $80,000 (Canada: $75,000) (Aus: $65,000) (Germany: €67,000)
Relocation: $2-$8,000 (Germany: €3-€10,000)
Performance Bonus: up to $16,500
Profit Sharing: up to $4,400
– – – – –
Total Compensation: up to $113,900
Retirement: 15% of your base + bonus into 401k, employee contribution required.

I understand there is no certainty in salary growth, but is there anyone who works in the industry who would know how much entry level salaries grow on average year-to-year? Thanks!

 

Eos consequuntur doloribus aut delectus blanditiis blanditiis animi. Facilis itaque facere neque dolore. Ad sunt repellat architecto facere sed voluptas. Corporis sit ut ipsam commodi qui commodi reprehenderit. Qui optio atque voluptatem et odio quisquam fugit.

Perferendis sunt rerum culpa id voluptates aspernatur. Unde minus velit in vitae corrupti tempora natus. Voluptatem reprehenderit nesciunt dolores et.

Career Advancement Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

April 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

April 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (552) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”