Mar 09, 2012
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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...”
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From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
//www.wallstreetoasis.com/company/boston-consulting-group/compensation
And a superday is the interview day post preliminaries (campus meet, phone interview etc...) Named superday since most consist of multiple interviews with several people and/or testing.
Big three consulting firms pay around 130k immediately post MBA. Figure another 20-40k in performance bonus for a first-year. No idea what the signing bonus would be, I'd be conservative and guess 10k.
A superday is a day where you get invited to interview with multiple bankers in succession, after you already went through a first round.
Ahh now I'm catching up. Thanks for the posts.
This year I believe all MBBs at my school were approximately 140K salary, 20K signing
Yeah, I can confirm the following of the US offices I got offers from:
McKinsey is $135k base, $20k signing, $8k transitional, $40k max bonus BCG is $140k base, $20k signing, $6k transitional and $42k max bonus.
Does the mckinsey offer include the 12% of base retirement contribution?
Nope, good catch, I forgot about the retirement contributions.
I was a summer at McK and got the offer to go back, which is why I know what the comp looks like. I got the offer for BCG for full-time and took it without looking back =) More to do with my cultural fit than compensation, I don't think there's an appreciable difference between the two.
Cool, congrats! Is consulting a means to an end for you, or are you aiming for partnership?
So in addition to what you listed for McK there is a $16,200 retirement contribution?
Any idea of how much a Deloitte Senior Consultant gets paid?
130K base, 40k signing (more if you sign early), 2-10k relocation, 2nd years tuition bonus spread over your first two years if you had a summer internship with them. Not sure on EOY bonuses though.
glassdoor.com
Deloitte US firm pays new MBA SC's nearly identically to MBB, +/- a bit depending on which firm you're comparing with.
What is percentage contribution by BCG to the retirement fund, if you care to share?
http://managementconsulted.com/consulting-jobs/2011-management-consulti…
[quote=pfitzy]http://managementconsulted.com/consulting-jobs/2011-management-consulti…] yeah, but it says15% at the pre-mba level and 5% at the post-mba level. Was wondering if the disconnect has been substantiated... Redninja, would you mind clarifying? Thanks!
Any insights on European MBB salaries ?
THREAD JACK:
RedNinja how is it? Is it everything you hoped for an more?
.
I don't have next year's compensation yet, but I can confirm that BCG is 5% of base+bonus into the profit sharing retirement plan for up to 9.1k. postMBA
red may be able to make a better comparison, but BCG's benefits shouldn't be overlooked. 100% of premium for the entire family isn't bad.
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