What is the salary progression for consulting careers?
1st year, 2nd year, 3rd year, mba, etc? Do most people just leave and go into industry, etc?
May 12, 2013
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Career Resources
Career Advancement Opportunities
July 2026 Consulting
-
Boston Consulting Group 99.5%
-
Bain & Company 98.9%
-
McKinsey and Co 98.4%
-
Oliver Wyman 97.9%
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LEK Consulting 97.4%
Overall Employee Satisfaction
July 2026 Consulting
-
Cornerstone Research 99.5%
-
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
July 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
July 2026 Consulting
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Partner (4) $361
-
Principal (30) $294
-
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
-
Senior Consultant (355) $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
-
Engineer (6) $114
-
2nd Year Analyst (391) $104
-
Associate Consultant (176) $101
-
1st Year Analyst (1164) $90
-
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...”
http://managementconsulted.com/consulting-jobs/2013-management-consulti…-interns-and-more/
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