Comments (10)

Nov 4, 2009

It's my understanding that AlixPartners has no "analysts," but only hires people who have prior restructuring experience. They are our counterparts on an engagement and that's what a guy told me...

Might not be the case everywhere.

Nov 4, 2009

I 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.

Nov 4, 2009

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

..how about base salaries for associates OR analysts?

jws43yale:

I 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.

Nov 4, 2009

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

Nov 5, 2009
sdasgupta5:

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

thanks

I'm making it up as I go along.

Nov 5, 2009

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.

Nov 5, 2009

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.

Nov 5, 2009
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