DCStratConsultant:
This is at a top consultancy, but not MBB.

70k base No signing bonus 5k moving expenses 2-8k bonus, depending on performance 7k retirement contribution, vesting starts one year out and is 100% vested after four years. Amazing health benefits

Total - around 80k in salary after tax, depending on performance.

How is that 80k after tax? 80k after tax is very very good IMHO. If I'm not going crazy, all the other posts here were before tax take-home salaries, right?
 
ajaydagli:
This is all fine. Just remember: you can´t buy bottles with Starwood hotel points morons. If you are in consulting, you were not good enough for banking

Talk about retardation. I've interned at both a top bank (GS/MS) and one of the MBB's, and I can tell you the quality of people is similar.

True, you can't buy bottles with Starwood points, but at least you'll have a job. The days of the 130k+ first year banking salaries are over, at least for the next few years.

 

You are good enough to shine my shoes in an airport right now banker noob.

Whats the difference between a large pan pizza from dominoes and a banker? The pizza can feed a family of four.

The sell side is actually gone right now. Good luck keeping that attitude in a year. Get back to excel.

 

Who needs money when you've got a Corporate AmEx?

"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-

"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
 

Who wants a starwood amex when you can charge it to your personal amex blue cash, pay no annual fee, collect CASH REBATES and get reimbursed? :)

"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-

"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
 

I don't have student loans.

"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-

"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
 

Ringtailuredlemur, that sounds about right, I guess the 3K variation might be on a firm-by-firm basis and might be broken out as a relocation stipend or something of the sort for other firms.

Also, its my belief that bonus variation is lower in consulting (as in, 10k is very standard)

If any other former consultants want to weigh in, please let me know (I was in an MBB satellite office which is where I got my info from)

 

I will be starting as an IS consultant on the functional side (finance major)

55 base

5 bonus

5 relocation

I know its a little below base but I am just happy to have an offer and secure in a very strong tech company for the next couple of years

 

payscale is a great site to compare salaries in almost every field and if it doesn't cover one i found looking on monster.com and even craigslist to see what companies are paying for positions. Our company just started using a peo to manage our salaries.

 

M/B/B, major office Europe (based on XR at offer date I found these figures):

95k base 10k signing bonus 17k bonus

=122k

Plus retirement contribution and awesome perks...Did I mention 6 weeks vacation?

No wonder I turned down one of the two best IB groups (GS TMT or MS M&A)...

If it helps the IB analysts sleep at night, I can disclose that the XR has weakened against the dollar since then.

 

Quia et quis voluptatem eum et. Quisquam enim eligendi provident vitae ipsam assumenda. Nihil aliquid autem repellat est deleniti debitis.

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