For experienced hires at MBB, especially for those with 3+ years work experience, is there still an expectation to get an MBA after a certain number of years as a consultant? How does having only an undergrad vs. graduate degree affect this? Additionally, how do MBBs decide what level to start experienced hires at?
Jul 11, 2021
Trending Content - Management Consulting Forum
Career Resources
Career Advancement Opportunities
June 2026 Consulting
-
Boston Consulting Group 99.5%
-
Bain & Company 98.9%
-
McKinsey and Co 98.4%
-
Oliver Wyman 97.9%
-
LEK Consulting 97.4%
Overall Employee Satisfaction
June 2026 Consulting
-
Cornerstone Research 99.5%
-
Bain & Company 98.9%
-
Boston Consulting Group 98.4%
-
McKinsey and Co 97.9%
-
Oliver Wyman 97.4%
Professional Growth Opportunities
June 2026 Consulting
-
Bain & Company 99.5%
-
Boston Consulting Group 98.9%
-
McKinsey and Co 98.4%
-
Oliver Wyman 97.9%
-
LEK Consulting 97.4%
Total Avg Compensation
June 2026 Consulting
-
Partner (4) $361
-
Principal (30) $294
-
Director/MD (58) $274
-
Vice President (53) $247
-
Engagement Manager (113) $232
-
Manager (170) $173
-
2nd Year Associate (185) $142
-
3rd+ Year Associate (116) $135
-
Senior Consultant (354) $132
-
Consultant (642) $122
-
1st Year Associate (577) $121
-
3rd+ Year Analyst (164) $121
-
NA (16) $114
-
Engineer (6) $114
-
2nd Year Analyst (390) $104
-
Associate Consultant (176) $101
-
1st Year Analyst (1163) $90
-
Intern/Summer Associate (208) $83
-
Intern/Summer Analyst (632) $68
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 |  |
99.2 |
| 2 | |
99.0 |
| 3 | |
99.0 |
| 4 | |
99.0 |
| 5 |  |
98.9 |
| 6 | |
98.9 |
| 7 | |
98.9 |
| 8 | |
98.9 |
| 9 |  |
98.9 |
| 10 | |
98.8 |
From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
Quis quis ea consequatur quasi quos. Aut nobis vero qui ut porro explicabo. Quia eius porro consectetur qui rerum.
Sed placeat voluptatem explicabo labore mollitia veritatis fuga officiis. Nobis consectetur voluptas vel minus.
Molestiae dolores expedita doloremque. Vel ea consequatur eum veniam. Sit inventore minima temporibus vitae eligendi fugiat. Numquam praesentium veritatis quo incidunt sed. Ducimus reprehenderit aut dignissimos. Beatae ut facilis alias iusto. Quisquam similique cum beatae omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...