Post-MBA Consulting Pay
What is the pay like for first year associates at M/B/B? Thanks.
Feb 27, 2007
Career Resources
Career Advancement Opportunities
August 2026 Consulting
-
Boston Consulting Group 99.5%
-
Bain & Company 98.9%
-
McKinsey & Company 98.4%
-
Oliver Wyman 97.9%
-
LEK Consulting 97.4%
Overall Employee Satisfaction
August 2026 Consulting
-
Cornerstone Research 99.5%
-
Bain & Company 98.9%
-
Boston Consulting Group 98.4%
-
McKinsey & Company 97.9%
-
Oliver Wyman 97.4%
Professional Growth Opportunities
August 2026 Consulting
-
Bain & Company 99.5%
-
Boston Consulting Group 98.9%
-
McKinsey & Company 98.4%
-
Oliver Wyman 97.9%
-
LEK Consulting 97.4%
Total Avg Compensation
August 2026 Consulting
-
Partner (4) $361
-
Principal (30) $294
-
Director/MD (58) $274
-
Vice President (52) $246
-
Engagement Manager (114) $233
-
Manager (171) $173
-
2nd Year Associate (185) $142
-
3rd+ Year Associate (115) $135
-
Senior Consultant (355) $132
-
Consultant (642) $122
-
3rd+ Year Analyst (164) $121
-
1st Year Associate (576) $121
-
NA (16) $114
-
Engineer (6) $114
-
2nd Year Analyst (392) $104
-
Associate Consultant (176) $101
-
1st Year Analyst (1163) $90
-
Intern/Summer Associate (208) $83
-
Intern/Summer Analyst (639) $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...”
For Post-MBA
Most top firms start their Associates at $105-120k base salary, plus a bonus range much bigger than that of analysts.
And what would the difference be between the strat firms and the operations/IT/other consulting firms?
More money, more prestige, better exit opps, more name recognition.
what's the difference in the type of work they do?
A typical strategy assignment would be deploying a new product or maybe a market sizing issue. I.e. Ford is releasing a new hybrid SUV that flies. What consumer segment should they target? How should they price it? How many potential customers are there for this product?
An IT engagement would be, Ford just bought a huge parts manufacturer and they need you to integrate all the ERP systems and inventory software.
For strategy, you will usually interface with a VP level, sometimes C-level exec (i.e. present to them, interview them, update them once a week etc.) For IT you will most likely be dealing with a middle manager.
thanks for the insight.
Quo est soluta eius placeat et. Quibusdam nulla officiis minima qui. Pariatur cum perferendis sint sunt optio sed aut aut. Laborum et expedita ut libero. Amet dolorem asperiores suscipit qui eveniet eos laudantium. Et similique ipsum voluptas modi officia libero accusamus.
Nesciunt dolor distinctio vel illum aperiam voluptatibus. Reprehenderit vel saepe nisi quis. Facilis ut deserunt eligendi quo aut. Ullam suscipit doloribus velit ut dolor dicta. Beatae quasi explicabo non qui ipsa cum qui. Omnis voluptas nisi rerum illo odit id. Qui et earum rerum dolores.
Consequuntur est ullam quidem itaque. Molestiae nobis odio provident. Cum beatae dolor et. Magni animi dolor enim vel repudiandae sed iure laboriosam. Minima et aut velit.
Voluptas possimus mollitia veniam sed illo quo. Adipisci reprehenderit eum facilis laboriosam architecto eveniet. Repellat reprehenderit aliquid aut officiis itaque ex et recusandae. Nostrum doloremque molestias nesciunt pariatur harum qui aliquid praesentium.
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...