23 Comments
 

It's higher at MBB. Post-MBA Associate (Consultant) should be ~$225k+, senior EM (Manager) at McKinsey makes $300-400k, Associate Partner (Principal) probably clears close to $600k including profit share (~$400k ex. profit share). Partner comp should be $1-2M (incl. profit share) unless newly elected. Senior partner comp >$2M (incl. profit share).

However, the profit share might have been lower in 2022-24. Don't have recent intel. Before Associate Partner, your annual double digit pay bump is pretty much guaranteed.

 

Last I checked, these figures still held up (100% certain for Bain, and 80-90% for the other 2 -- some figures def need to be cross-validated though, like the Principal personal bonus at BCG, that's the best I could find, but seems low vs the other 2):

.


That is from data I collected either directly (for Bain), or using a combination of: Fishbowl, H1B visa filings, and this forum when talking to folks at McK and BCG. This excludes sign-on bonuses (I dont know them as I was based in the UK) and profit sharing / office bonuses (since these vary a lot year on year).

The personal bonus level is based on meeting expectations (so not overperforming or anything).

If you are from either of those or have more updated knowledge, please let me know and I can update the table and credit you.

 

Table doesn’t seem to be showing - I can just see a CV template. If this isn’t intentional and is just WSO glitching would you mind reposting as I’m interested in the figures.

 

I can still see the table, but it's possible it's not loading for some folks since it's a screenshot, so I am adding the data here in bullet points too. Figures are in USD and given as Base + Target Personal Bonus (this is also for 1st year into the role, there's usually a small increase in Yr 2):

  • Bain (I'm ignoring M, since it's just 1 year between C and SM, and keeping it comparable to the other 2) - Source is me, since I worked there
    • Associate Consultant: $112k + $15k
    • Sr Associate Consultant: $135k + $32k
    • Consultant: $192k + $29k
    • Sr Manager: $222k + $92k
    • Assoc. Partner: $260k + $124k
  • McKinsey (updated thanks to NewConsultingMonkeyW below!) - source is combination of H1B visa filings, Fishbowl, and WSO so correct me if needed!
    • Business Analyst: $112k + $18k
    • Sr Business Analyst: $145k $45k
    • Associate: $192k + $31.25k
    • Engagement Manager: $225.4k + $100k
    • Assoc. Partner: $260k + $200k
  • BCG (updated thanks to mrstromberg below!) - source is below, thanks bud!
    • Associate: $110k + $11k
    • Sr Associate: $123k + $15k
    • Consultant: $190k + $47.5k
    • Project Leader: $225k + $67k
    • Principal: $255k + $102k
 

Using H1B base salaries and avg. performer bonus (perks excl. usually 10% on top) we get following progression for BCG (very similar at McKinsey and Bain):

Associate - 110k + 10% Bonus = 120k (Max 130k)
Consultant - 190k + 25% Bonus = 240k (Max 266k)
Manager - 225.4k + 30% Bonus = 300k (Max 340k)
Principal - 254.9k + 40% = 360k (Max 400k)
Partner (non-equity) - 268.2k + 50% = 400k (Max 480k)
MD & Partner - 300k + equity distribution (600k-1.5mm)
MD & Senior Partner - sky is the limit (1.5mm-10mm)

 

For Mck, out of undergrad progression isn't standard. You can make AP in 3.5 years if ur super fast. This is because undergrad's skip the post mba (associate role).

Most common out of undergrad progression is 2 years BA -> 1 year SBA -> 2 Years EM -> 2/3 years AP -> X years Partners -> senior Partner


Higher end Comp is: 

(Year 1/2 )TC BA: 112 + 18k + 401k + extra cash benefits aprox. 150k 

(Year 3) TC SBA: 145k + 40/50k + 401k + extra cash benefits aprox. 215

(Year 4/5) TC EM: 225k + 100k + 401k + extra cash benefits aprox. 350k 

(Year 6-8) TC AP: 260k + 200kish + 401k + extra cash benefits aprox. 450k-500k

Partner 500k -1.5 M (closer to mid range)
Senior Partner: 1.5M + 

 

 

How do you make AP "in 3.5 years"? 2 years BA, 1.5 years EM, then AP?

 

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