Strategy& salary increase (post-MBA)?

togoto's picture
Rank: Senior Chimp | 19

Hi,

Does anyone have information on post-MBA salaries at Strategy&? Management Consulted currently says that there are "ongoing internal discussions to raise" the current salary of 150K, so I wanted to see if anyone had new information to share. Given the recent hikes at MBB, where starting salaries are now ~165K, I imagine tier-2 shops are starting to follow their lead but seems like Strategy& has not shared their latest salary decision. Any help would be greatly appreciated. Thanks!

Comments (14)

Feb 27, 2019

Answered this question on another thread, but yes, leadership has confirmed that if you have an outstanding post-mba offer, it will be adjusted to 165K before the fall start date.

Feb 27, 2019

Thanks for the update @BullishMan!

Feb 28, 2019

Sorry to hijack this thread. Do you plan on doing an AMA session about Strategy& any time soon? There were a lot horror stories about Strategy& on this forum in the past (toxic work environment, stealth layoffs, abusive partners/directors and etc). I hope to get a sense of what the company's culture is really like now. Thank you.

Feb 27, 2019

Maybe sometime in the future! For now, happy to answer any questions on this thread.
I'm in the opinion of the "horror stories" being overstated, but I do want to add that I was not around for the supposed wave of first year layoffs that another S& AMA touched upon. I'm sure anyone within that timeline of S& would have a justified opposite point of view.

Leadership has overall, been transparent and for the most part, have tried to address issues within the organization. We recently announced salary adjustments to match MBB, plans to re-sponsor H1Bs, and launched a new S& branding that moves away from the confusing and ineffective co-brand.

    • 2
Feb 27, 2019

Was this communicated to current employees/recruiting team only? Any idea when it will communicated to those with fall start dates?

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Feb 28, 2019

Rumor is April.

Feb 28, 2019

Summer 2019 interns are getting 165K prorated, so assuming fulltime is the same...

Mar 15, 2019

Does anyone know about for Associates? I'll be starting there in September and was wondering if this salary hike was happening for undergrads as well. I heard that it was being raised to 90K but haven't heard any news from the recruiter or anything.

Feb 28, 2019

Rumor is there will be a bump allegedly announced in April, but I haven't seen it on official channels of communication yet.

Mar 15, 2019

Any update on this? I haven't heard anything about it yet and it would be really nice to see a pay bump given the starting comp is a little low.

Mar 18, 2019
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