Jan 31, 2022
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Career Resources
Career Advancement Opportunities
June 2026 Consulting
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Boston Consulting Group 99.5%
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Bain & Company 98.9%
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McKinsey and Co 98.4%
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Oliver Wyman 97.9%
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LEK Consulting 97.4%
Overall Employee Satisfaction
June 2026 Consulting
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Cornerstone Research 99.5%
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Bain & Company 98.9%
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Boston Consulting Group 98.4%
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McKinsey and Co 97.9%
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Oliver Wyman 97.4%
Professional Growth Opportunities
June 2026 Consulting
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Bain & Company 99.5%
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Boston Consulting Group 98.9%
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McKinsey and Co 98.4%
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Oliver Wyman 97.9%
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LEK Consulting 97.4%
Total Avg Compensation
June 2026 Consulting
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Partner (4) $361
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Principal (30) $294
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Director/MD (58) $274
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Vice President (53) $247
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Engagement Manager (113) $232
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Manager (170) $173
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2nd Year Associate (185) $142
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3rd+ Year Associate (116) $135
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Senior Consultant (354) $132
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Consultant (642) $122
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1st Year Associate (577) $121
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3rd+ Year Analyst (164) $121
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NA (16) $114
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Engineer (6) $114
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2nd Year Analyst (390) $104
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Associate Consultant (176) $101
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1st Year Analyst (1163) $90
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Intern/Summer Associate (208) $83
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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...”
Lmao No
Have read in some forums that Mck has raised business analyst 2 base to 130. Sooo ...it s possible that BA 1 could go to 110
MBBs don't compete with IBs on comp - bonus alone make MBB pay lower. Most likely not.
What is the first year total comp for a business analyst in London and will the recent US salary hikes be reflected in London too? Seems London pays significantly lower than the US and the rest of Europe.
I'm at MBB. In general I think we will continue to increase comp YoY to remain a competitive option for new grads. However, we don't benchmark vs IB one to one. We think about competing for talent against IB, tech, startups, etc. and know that IB will have us beat on comp, but that comes at a WLB cost. Similarly WLB here is worse than in big tech so we know we have to offer better comp / comp that scales better than tech.
TLDR: Salaries will continue to rise, but they won't match IB.
completely agree
the first response to "will MBB raise because banking raised" is always "well MBB has never matched banking anyway, so why would they now?" this is kind of misses the point - obviously, MBB would never pay analysts as much as banks do, but they also can't let the pay differential get so high as to tilt the scales in favor of banking. i dont have the complete historical data here, but id bet a lot of money that MBB and banking raises have happened in tandem in the last decade. just look at last summer - MBB raised to 100 base from 90 after it became clear banking would settle around 100 for base. just like in banking, it wasn't so long ago that they raised to 90 from 80-85
now that banks are settling around 110 as the new norm, MBB is probably seriously thinking about matching
tech as a competitor for talent is a whole different story, and im not entirely convinced that MBB/finance's talent pools overlap all that much. the jobs are wildly different: one looks for specialized technical education and the other looks for smart generalists who are good at talking to people. theyre also fundamentally different career paths: SWEs become CTOs (or maybe high level ICs like those at Google/Meta), while MBB/Finance become CEO/CFO/COOs
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