Post MBA Compensation Packages

Often times you will see me reply to other individuals post in regards to graduate schools. I have done extensive research on MBA/Msc programs/admissions, but lack knowledge in post-MBA salaries. Especially in the corporate/Tech sector. Consulting/IB is pretty given, but I would appreciate that too. 

If you have graduated from a T25 MBA program or know someone that has, can you please provide the details on their compensation package, and if possible their 3/5-year out package?

Post-MBA:
Industry:
Function:
Position/Level:
Base Salary:
Signing Bonus:
Performance Bonus:
Other Comp (RSUs, etc..):

3/5-Years out:
Industry:
Function:
Position/Level:
Base Salary:
Signing Bonus:
Performance Bonus:
Other Comp (RSUs, etc..):

If you have any other information as well in regards to post-MBA or even MSc salaries, feel free to share. This will be helpful for me, as well as others who are looking to pursue graduate school. 

Edit:OPTIONAL If you want to add where you graduated from (HSW, M7 (not HSW), T10, T15, T25, Above T25). Also pre MBA industry/function. 

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (54)

Most Helpful
  • Principal in PE - Other
Nov 9, 2021 - 9:12am

Post-MBA:
Industry: Asset Management
Function: Investment Team (private markets)
Position/Level: VP
Base Salary: $140k
Signing Bonus: $10k (moving stipend, had to negotiate for this)
Performance Bonus: $30k stub year, $70-100k next couple full years
Other Comp (RSUs, etc..): profit sharing (tbd how much this turns out to be, it's all long dated)

3/5-Years out:
Industry: Asset Management
Function: Investment Team (private markets)
Position/Level: Principal
Base Salary: $185k
Signing Bonus: $0
Performance Bonus: 30%-200+%
Other Comp (RSUs, etc..): profit sharing

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Nov 11, 2021 - 3:37pm

Post-MBA:
Industry: Venture Capital
Function: Investment Team
Position/Level: Sr. Associate
Base Salary: $150K
Signing Bonus: N/A
Performance Bonus: Target $100K
Other Comp (RSUs, etc..): $500K fund carry

3/5-Years out (Not there yet, but this is my expectation):

Industry: Venture Capital
Function: Investment Team
Position/Level: Principal
Base Salary: $200K
Performance Bonus: Target $200K
Other Comp (RSUs, etc..): $1.5M fund carry

Array
  • 2
  • Associate 1 in IB - Gen
Nov 12, 2021 - 10:41am

Post-MBA:
Industry: IB
Function: Product Group
Position/Level: Associate 1
Base Salary: $175K (current ASO1 salary)
Signing Bonus: $70K (current ASO1 signing)
Performance Bonus: Target ~100%
Other Comp (RSUs, etc..): Some portion of bonus is both 1) deferred and 2) in stock

3/5-Years out:

Industry: IB
Function: Product Group
Position/Level: VP
Base Salary: $250K
Performance Bonus: Target ~100%+
Other Comp (RSUs, etc..): Some portion of bonus is both 1) deferred and 2) in stock

  • Associate 2 in PE - LBOs
Nov 12, 2021 - 8:25pm

Post-MBA:
Industry: Consulting
Function: Strategy - MBB
Position/Level: Consultant
Base Salary: $175K
Signing Bonus: $30K 
Performance Bonus: $30K
Other Comp (RSUs, etc..): $15K profit sharing

3/5-Years out:

Industry: Consulting
Function: Strategy - MBB
Position/Level: Associate Partner
Base Salary: $240K
Performance Bonus: $110K
Other Comp (RSUs, etc..): $75K profit sharing

Nov 12, 2021 - 8:35pm

jfc I didn't realize bonus structure within the senior ranks of MBB was so low (guessing there's some sort of trade off here - lifestyle, I gotta imagine?)

Hear me now, children, for my occupation is of much import. For 82 years I have been an oil man, a ‘baron’ some have called me. Now what does an oil baron do? The answer - crush your enemies! Grind their bones into dirt! Make them regret that they were ever born! Oil is not for the weak - it is the Earth’s milk, and only the strong may suckle at Mother’s teat!

  • Analyst 1 in IB - Gen
Nov 12, 2021 - 11:17pm

This.. is standard?

Progression is usually something like: post-MBA A/C/C (~$200k) -> 2 years -> EM / M / M ($250-300k) -> 2 years -> AP / SM / P (~$300-500k) -> 2 years -> Jr Partner (~$500k to $1.2M) -> 3-5 years -> Sr Partner (~$1-3m). 

Nov 14, 2021 - 5:00pm

Any reason for why you decided not to stay in PE and go into consulting instead? Haven't really seen this in my MBA class. 

Array

Nov 13, 2021 - 12:54pm

Asset management ~5 yrs out of mba LCOL city. ~200k salary, 100% bonus, carry on paper worth abt 1.5m with a typical vesting schedule. Goes a long way outside the coasts I can tell you 

  • Investment Analyst in AM - FI
Nov 14, 2021 - 7:26pm

Post-MBA:

Industry: Asset Management

Function: Research, global credit

Position/Level: Analyst

Base Salary: $200k

Signing Bonus: $30k

Performance Bonus: $75-100k

Other Comp (RSUs, etc..): None for 3 years

3/5-Years out:

Industry: Asset Management

Function: Research, EM debt + global high yield

Position/Level: Analyst

Base Salary: $300k

Signing Bonus: -

Performance Bonus: $175-200k

Other Comp (RSUs, etc..): Redacted

Clearly a large firm. Towards mid 5th year - expecting a larger bonus soon. Previous experience in 2nd tier sell-side bank HY research. M7, notoriously quanty program + CFA ®. 70 hrs average work week, much higher than equity & alternative & private funds analysts, better compensated nonetheless.

A word on comp. Base will hit a plateau with the next raise, which will be meager already. Bonus will increase however, but the base increases are carried with PMs. No 1 priority as of now is to get hours down, need to wife myself up soon. Too many career analysts - especially in equities - are handed a combination of higher comp and higher performance decisions as said analysts are increasing.

Nov 14, 2021 - 7:38pm

Post-MBA:
Industry: Consumer Goods
Function: Internal Strategy
Position/Level: Associate Manager
Base Salary: $96,500
Signing Bonus: $5,000
Performance Bonus: 10%
Other Comp (RSUs, etc..): N/A

3/5-Years out:
Industry: Consumer Goods
Function: Business Line Management
Position/Level: Senior Manager
Base Salary: $140,000
Signing Bonus: N/A
Performance Bonus: 40%
Other Comp (RSUs, etc..): N/A

Top 25 MBA done online

Nov 15, 2021 - 8:22pm

I did the Kelley program. If anyone thought less that I did it online, they haven't said it to my face. While I don't highlight it on my resume (the degree is the degree regardless of the platform used to attain it, there's no asterisk), I do like to talk about it when interviewing. I'm pretty proud to have been able to finish it in the same 2 year period as those in the traditional program while still working full time. That's usually well received. 

  • Research Analyst in AM - Equities
Nov 17, 2021 - 2:31pm

Post-MBA:
Industry: Asset Management
Function: Equity Research
Position/Level: Analyst
Base Salary: £125,000
Signing Bonus: £25,000
Performance Bonus: £30,000
Other Comp (RSUs, etc..): £60,000 (total, vesting cleared by yr3)

3/5-Years out:
Industry: Asset Management
Function: Equity Research
Position/Level: Analyst - AVP
Base Salary: £225,000 (4th year base)
Signing Bonus: £0
Performance Bonus: 100% (5th year expected bonus)
Other Comp (RSUs, etc..): Global assignment bonus (£40,000 paid twice)

Previous WE: 4 years buy-side analyst on two rotational programs. Happy to answer questions.

  • Research Analyst in AM - Equities
Nov 18, 2021 - 8:48am

It's not uncommon in the UK....? I know it's rare coming out of undergraduate but MBA analysts recruit well virtually anywhere

My MBA class mostly recruited consulting. By far the biggest consulting hub in the world

  • Research Analyst in HF - Other
Nov 18, 2021 - 4:44am

Wow that's amazing - your base gets suuper high Jesus Christ. I'm 7/8 years out of school and my base is £120,000 at a top tier hedge fund - but I also don't get why the variable comp piece is only 50% of TC. Maybe this is more typical of LO shops? Great gig man.

  • Research Analyst in AM - Equities
Nov 18, 2021 - 8:56am

Not so much a secret, LO will give you everything if you're a valuable asset - when they make sure you're to be trusted to take care of their money your upside is limitless.

I should also divulge that during all of my rotation years **combined** I made around £120k. Learning to become a public markets investor is priceless, and it shows

Nov 19, 2021 - 6:39pm

Post-MBA:
Industry: Manufacturing / Industrial
Function: Rotational LDP
Position/Level: Associate
Base Salary: $150,000
Signing Bonus: $25,000
Performance Bonus: 10-20%
Other Comp (RSUs, etc..): N/A

3/5-Years out:
Industry: Same Company
Function: General Manager w/ P&L
Position/Level: Manager
Base Salary: $175,000
Signing Bonus: N/A
Performance Bonus: 20%
Other Comp (RSUs, etc..): 10% RSUs

M7 (non HSW)

Nov 21, 2021 - 4:10pm

Do you mean during the 3 year LDP programs? You get the standard inflation raise (2-3%) plus performance (3-5%), which then also affects bonus as % of salary...

After the program (3-3.5 years) you get promoted to the next level. I do not know the exact base salary given how wide the pay bands are at my company, but assume its about $210k to $220k all in. Also the RSUs are on a 3 year vesting schedule that refreshes every year, so after year 3, that number grows quite a bit.

  • Associate 1 in IB - Cov
Nov 22, 2021 - 7:36pm

Et perspiciatis iste eligendi velit soluta. Qui vel magni delectus ea.

Nov 22, 2021 - 8:46pm

Asperiores iusto rerum accusamus adipisci in eum. Dolore qui eos non odio ad debitis. Quia voluptatem praesentium nulla incidunt quia magnam.

Maxime delectus consequatur vel aut laborum. Perferendis explicabo velit repudiandae fuga aut.

Vero architecto inventore ab ut. Doloremque odio earum voluptatem ut. Maiores ullam sint voluptatem numquam aperiam est sed. Ut laudantium non saepe tempore recusandae odit non voluptatibus.

Nov 25, 2021 - 1:51am

Delectus iusto iste eos sit doloremque accusamus. Est molestiae qui officiis dolores qui alias. Officia perferendis omnis doloribus autem sed ut. Culpa aliquam est earum laborum assumenda culpa.

Enim iste velit quidem. Ut dolorem est numquam. Quod quo et reprehenderit autem odio maxime vel. Sapiente expedita praesentium eum doloribus voluptatem ipsa et.

Modi nulla numquam et sint. Nihil vitae adipisci laborum fugiat. Reiciendis facere omnis occaecati nesciunt iure maxime. Sed nostrum molestiae aut.

Start Discussion

Total Avg Compensation

November 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (40) $360
  • Associates (236) $235
  • 2nd Year Analyst (144) $156
  • 3rd+ Year Analyst (34) $154
  • Intern/Summer Associate (107) $146
  • 1st Year Analyst (514) $136
  • Intern/Summer Analyst (394) $84