10 Comments
 

well i'm pretty sure FTI & A+M have restructuring analysts.

..how about base salaries for associates OR analysts?

jws43yaleI can't answer the question but I do know they are viewed more as "accountants" than "bankers". As such I would expect their compensation to be below Wall Street average.

heh..I believe the proper term is "Consultant" and back in my college days, big 4 was paying competitive base salaries compared to wall street firms (ib, research, ops, etc)...around ~55 to 60k

------------ I'm making it up as I go along.
 

Salary at FTI 2008 in Boston was 55k with 10k sign-on...I can reverberate the earlier comment about Alix not having analysts. They only higher folks at the VP level with at least 3 years of experience in restructuring or operational turnaround/crisis management

 
sdasgupta5Salary at FTI 2008 in Boston was 55k with 10k sign-on...I can reverberate the earlier comment about Alix not having analysts. They only higher folks at the VP level with at least 3 years of experience in restructuring or operational turnaround/crisis management

thanks

------------ I'm making it up as I go along.
 
Best Response

Unless you have very little experience pre-MBA, you should be applying for a Director role, not SC. FTI's progression is Consultant (~3 years), Senior Consultant (~3 years), Director. Given that FTI does not really have a formal MBA recruiting process, I don't think there's a major distinction between SCs with MBA vs. without as there is at Deloitte for example. SCs without MBA generally are paid $90-95k base with a bonus of $10-15k. Directors fall in the normal MBA range of $130-135k base and $20-25k bonus. It's possible they have a MBA-comp-level SC role these days but that would be a new development.

 

What was described and told to me by my peers (from several different firms in the space) regarding salary:

"In good times, you're not as busy as the M&A guys, so don't expect their level of bonuses. In down times, we need to scale back our expenses."

True story.

 

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