mbb summer internship relo bonus? do interns need to sell individual stocks?

interning at M

curious if there is any summer relo? find it a bit weird that zero bonus is offered at all, when compared to T2 consulting/IB

also for the internship, are you forced to sell any individual stocks that you have?

2 Comments
 

Based on the most helpful WSO content, here's what you need to know:

  1. Relocation Bonus for MBB Summer Internships:
    Relocation bonuses for summer internships at MBB (McKinsey, BCG, Bain) are not typically mentioned in the available data. However, for full-time roles, relocation bonuses are often provided and are based on the distance from the workplace. For internships, it's less common to see significant relocation bonuses, especially compared to T2 consulting or investment banking, where such bonuses might be more prevalent.

  2. Selling Individual Stocks During Internships:
    There is no specific mention in the WSO dataset about MBB requiring interns to sell individual stocks. However, in some industries like investment banking, compliance policies may require employees (or interns) to disclose or divest certain holdings to avoid conflicts of interest. It would be best to confirm directly with McKinsey or the specific MBB firm you're interning with to understand their compliance policies.

If you're finding the lack of relocation bonuses odd, it might be worth discussing this with HR or peers who have interned at MBB to get a clearer picture.

Sources: Management Consulting Salary & Compensation, Average Bonus in Consulting, BAML 2020 SA - Any updates?, JP Morgan intern switching divisions, Associates, when are signing bonuses paid out?, Signing Bonuses for 2020 Summer Internship

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Qui non magnam quia veritatis. Repellendus quis aut autem doloremque dolorem natus et omnis.

Odit maiores iusto aut perspiciatis eligendi sint. Quae modi harum eaque vel. Animi unde repellat voluptatem reprehenderit sit.

Career Advancement Opportunities

June 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 99.0%
  • McKinsey and Co 98.5%
  • Oliver Wyman 98.0%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

June 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 99.0%
  • Boston Consulting Group 98.5%
  • McKinsey and Co 98.0%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

June 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 99.0%
  • McKinsey and Co 98.5%
  • Oliver Wyman 98.0%
  • 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 (111) $232
  • Manager (167) $172
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (115) $135
  • Senior Consultant (354) $132
  • Consultant (635) $122
  • 3rd+ Year Analyst (162) $121
  • 1st Year Associate (575) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (390) $104
  • Associate Consultant (175) $100
  • 1st Year Analyst (1152) $90
  • Intern/Summer Associate (205) $83
  • Intern/Summer Analyst (626) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”